HSN Code 58011000: Of wool or fine animal hair
HSN Code 58011000 represents Of wool or fine animal hair under GST classification. This code helps businesses identify Of wool or fine animal hair correctly for billing, taxation, and trade. With HSN Code 58011000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of wool or fine animal hair.
Experience the power of Expert Accounting
Join our guided walkthrough to see how BUSY can transform your business operations.
Description of Goods for HSN Code 58011000
HSN Code 58011000 relates to the following description.
What does HSN Code 58011000 not include?
Of wool or fine animal hair does not include products with the following descriptions.
Of cotton : Uncut weft pile fabrics
Of cotton : Cut corduroy : Solely of cotton
Of cotton : Cut corduroy : Other
Of cotton : Other weft pile fabrics
Of cotton : Chenille fabrics
Of cotton : Warp pile fabrics : Warp pile fabrics, 'epingle', (uncut)
Of cotton : Warp pile fabrics : Warp pile fabrics, cut
Of cotton : Warp pile fabrics : Other
Of man-made fibres : Uncut weft pile fabrics
Of man-made fibres : Cut corduroy
Of man-made fibres : Other weft pile fabrics
Of man-made fibres : Chenille fabrics : Carduroys
Of man-made fibres : Chenille fabrics : Other
Of man-made fibres : Warp pile fabrics : Warp pile fabrics, uncut
Of man-made fibres : Warp pile fabrics : Warp pile fabrics, cut
Of man-made fibres : Warp pile fabrics : Other
Of man-made fibres : Of other textile materials : Pile fabrics and chenille fabrics of silk containing more than 50% by weight of silk, but not containing wool or hair
Of man-made fibres : Of other textile materials : Pile fabrics and chenille fabrics not elsewhere specified or included
Of cotton : Uncut weft pile fabrics
Of cotton : Cut corduroy : Solely of cotton
Of cotton : Cut corduroy : Other
Of cotton : Other weft pile fabrics
Of cotton : Chenille fabrics
Of cotton : Warp pile fabrics : Warp pile fabrics, 'epingle', (uncut)
Of cotton : Warp pile fabrics : Warp pile fabrics, cut
Of cotton : Warp pile fabrics : Other
Of man-made fibres : Uncut weft pile fabrics
Of man-made fibres : Cut corduroy
Of man-made fibres : Other weft pile fabrics
Of man-made fibres : Chenille fabrics : Carduroys
Of man-made fibres : Chenille fabrics : Other
Of man-made fibres : Warp pile fabrics : Warp pile fabrics, uncut
Of man-made fibres : Warp pile fabrics : Warp pile fabrics, cut
Of man-made fibres : Warp pile fabrics : Other
Of man-made fibres : Of other textile materials : Pile fabrics and chenille fabrics of silk containing more than 50% by weight of silk, but not containing wool or hair
Of man-made fibres : Of other textile materials : Pile fabrics and chenille fabrics not elsewhere specified or included
India’s Trade Performance — HSN Code 58011000 in FY 2024-25
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25< ₹1 Crore
Surplus rank #4807 of 12657 HSN codes
% of Sub-Chapter 5801
FY 2024-250.11%
Share of Sub-Chapter 5801’s total exports in FY 2024-25
Import side: 0.01% of Sub-Chapter 5801’s imports
Rank Within Sub-Chapter 5801
FY 2024-25#14 of 19
Position by export value among HSN codes in Sub-Chapter 5801
Import-side rank: #19 of 19
At a glance
33.96%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#8795
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+609.68%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.11%
Contribution to Sub-Ch. 5801
Share of Sub-Chapter 5801 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 58011000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−0.75
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.04% of Sub-Ch. 5801
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
1.84% of Sub-Ch. 5801
Balance
−0.09
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+522.22% YoY
0.23% of Sub-Ch. 5801
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−22.62% YoY
0.71% of Sub-Ch. 5801
Balance
−0.40
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−44.64% YoY
0.15% of Sub-Ch. 5801
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+9.23% YoY
0.60% of Sub-Ch. 5801
Balance
+1.40
Exports
2.20 ₹ Cr
0.0001% share
+609.68% YoY
0.68% of Sub-Ch. 5801
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+12.68% YoY
0.47% of Sub-Ch. 5801
Balance
−0.04
Exports
2.31 ₹ Cr
0.0001% share
+5.00% YoY
0.62% of Sub-Ch. 5801
Imports
2.35 ₹ Cr
0.0000% share
+193.75% YoY
1.46% of Sub-Ch. 5801
Balance
−0.17
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−81.82% YoY
0.09% of Sub-Ch. 5801
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−74.89% YoY
0.35% of Sub-Ch. 5801
Balance
+0.50
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+23.81% YoY
0.11% of Sub-Ch. 5801
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−96.61% YoY
0.01% of Sub-Ch. 5801
CAGR · 7-Year
Exports
33.96% /yr
Imports
−46.36% /yr
reference, FY 2024-25
Export
₹487.39 Cr
Import
₹173.60 Cr
Trade Balance
+313.79
Key Trade Insights: HSN Code 58011000 Export-Import Analysis
Consistent Export Growth: 33.96% CAGR Over 7 Years
India's exports under HSN Code 58011000 have grown at a compound annual rate of 33.96% over 7 fiscal years, rising from ₹0.09 Crore in FY 2018-19 to ₹0.52 Crore in FY 2024-25.
HSN Code 58011000 Ranked #8795 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 58011000 ranks #8795 out of 12657 HSN codes by total export value. Within Sub-Chapter 5801, it ranks #14 of 19. By trade surplus, it ranks #4807 of 12657.
FY 2021-22 Was the Strongest Growth Year for HSN Code 58011000 Exports
The strongest single-year export movement for HSN Code 58011000 was recorded in FY 2021-22, when exports surged by 609.68% over the prior year.
India Maintains a Trade Surplus of ₹0.50 Crore in HSN Code 58011000 Goods
In FY 2024-25, India's exports of ₹0.52 Cr exceeded imports of ₹0.02 Cr, resulting in a trade surplus of ₹0.50 Crore — ranking #4807 of 12657 by surplus magnitude.
Import Growth of −46.36% CAGR Signals Stable Import Dependency for Of wool or fine animal hair
India's imports under HSN Code 58011000 have grown at −46.36% CAGR, reaching ₹0.02 Crore in FY 2024-25.
HSN Code 58011000 Contributes 0.11% of Sub-Chapter 5801 Exports — Ranked #14
Among the 19 HSN codes under Sub-Chapter 5801, HSN Code 58011000 ranks #14 by export value — accounting for 0.11% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #19).
Stop worrying about
HSN & TAX compliance
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Frequently Asked Questions
Clear answers to common queries about HSN Code 58011000 and GST compliance.
What products are classified under HSN 58011000 ?
It includes Of cotton : Cut corduroy : Other
How should mixed supplies be billed when Of wool or fine animal hair is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of wool or fine animal hair; Nil for exempt items if applicable).
Does packaging or labelling change the GST for Of wool or fine animal hair?
For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.
Any common misclassification issue with Of wool or fine animal hair?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Do e‑way bill and e‑invoice apply for Of wool or fine animal hair?
e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.
How much GST applies to Of wool or fine animal hair?
Under HSN 58011000, Of wool or fine animal hair attracts Varies when sold in taxable form. Describe the exact form on the invoice.