--- title: "HSN Code for Cotton warp pile fabrics | HSN 58012720 GST Rate" description: "Find HSN and GST Rates for 58012720 related to Cotton warp pile fabrics with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-58012720/" --- # HSN Code 58012720: Cotton warp pile fabrics - [Section 11: Guide to HSN Section 11](https://busy.in/hsn/section-11/) - [Chapter 58: Special Woven Fabrics, Lace & Embroidery](https://busy.in/hsn/chapter-58/) - [Sub-chapter 5801: Rough wood](https://busy.in/hsn/sub-chapter-5801/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Of cotton : Warp pile fabrics : Warp pile fabrics, cut | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 58012720 ? It includes Of man-made fibres : Cut corduroy ### Any common misclassification issue with Cotton warp pile fabrics? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How should mixed supplies be billed when Cotton warp pile fabrics is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Cotton warp pile fabrics; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Cotton warp pile fabrics? 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. ### Can we claim ITC on inputs used to trade Cotton warp pile fabrics? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Cotton warp pile fabrics? Under HSN 58012720, Cotton warp pile fabrics attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 58012720 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−20.00% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore (−85.81% YoY) — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #5420 of 12657 HSN codes - Share of Sub-Chapter 5801: 0.14% of its exports; import side 0.37% - Rank within Sub-Chapter 5801: #11 of 19 by export value; import-side #15 ### Key metrics - Export CAGR: -6.23% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #8581 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +116.67% in FY 2020-21 - Contribution to Sub-Ch. 5801: 0.14% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 58012720 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 5801 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5801 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 1.00 | 0.0000% | — | 0.40% | < ₹1 Crore | 0.0000% | — | 0.26% | +0.88 | #7626 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −82.00% | 0.08% | < ₹1 Crore | 0.0000% | +66.67% | 0.22% | −0.02 | #8891 | | FY 2020-21 | < ₹1 Crore | 0.0000% | +116.67% | 0.19% | 1.00 | 0.0000% | +400.00% | 0.85% | −0.61 | #8412 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +112.82% | 0.26% | < ₹1 Crore | 0.0000% | −46.00% | 0.32% | +0.29 | #8146 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −45.78% | 0.12% | < ₹1 Crore | 0.0000% | +9.26% | 0.37% | −0.14 | #8763 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +88.89% | 0.18% | 4.51 | 0.0001% | +664.41% | 2.67% | −3.66 | #8375 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −20.00% | 0.14% | < ₹1 Crore | 0.0000% | −85.81% | 0.37% | +0.04 | #8581 | - CAGR (7-year): exports -6.23%/yr, imports 32.18%/yr (consistently Surplus) ## Key trade insights: HSN Code 58012720 export-import analysis ### Export decline: -6.23% CAGR over 7 years India's exports under HSN Code 58012720 have declined at a compound annual rate of -6.23% over 7 fiscal years, falling from ₹1.00 Crore in FY 2018-19 to ₹0.68 Crore in FY 2024-25. ### HSN Code 58012720 ranked #8581 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 58012720 ranks #8581 out of 12657 HSN codes by total export value. Within Sub-Chapter 5801, it ranks #11 of 19. By trade surplus, it ranks #5420 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 58012720 exports The strongest single-year export movement for HSN Code 58012720 was recorded in FY 2020-21, when exports surged by 116.67% over the prior year. ### India maintains a trade surplus of ₹0.04 Crore in HSN Code 58012720 goods In FY 2024-25, India's exports of ₹0.68 Cr exceeded imports of ₹0.64 Cr, resulting in a trade surplus of ₹0.04 Crore — ranking #5420 of 12657 by surplus magnitude. ### Import growth of 32.18% CAGR signals rising demand for Cotton warp pile fabrics India's imports under HSN Code 58012720 have grown at 32.18% CAGR, reaching ₹0.64 Crore in FY 2024-25. ### HSN Code 58012720 contributes 0.14% of Sub-Chapter 5801 exports — ranked #11 Among the 19 HSN codes under Sub-Chapter 5801, HSN Code 58012720 ranks #11 by export value — accounting for 0.14% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.37% share (rank #15). ## Related HSN Codes in Sub-Chapter 5801 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 58013690: Of man-made fibres : Chenille fabrics : Other](https://busy.in/hsn/hsn-58013690/) | ₹163 Cr | | #2 | [HSN Code 58013720: Warp pile fabrics: man-made fibres](https://busy.in/hsn/hsn-58013720/) | ₹103 Cr | | #3 | [HSN Code 58012210: Of cotton : Cut corduroy : Solely of cotton](https://busy.in/hsn/hsn-58012210/) | ₹98 Cr | | #4 | [HSN Code 58013790: Of man-made fibres : Warp pile fabrics : Other](https://busy.in/hsn/hsn-58013790/) | ₹47 Cr | | #5 | [HSN Code 58012290: Of cotton : Cut corduroy : Other](https://busy.in/hsn/hsn-58012290/) | ₹44 Cr | | #6 | [HSN Code 58012790: Of cotton : Warp pile fabrics : Other](https://busy.in/hsn/hsn-58012790/) | ₹22 Cr | | #7 | [HSN Code 58012600: Of Cotton \| Chenille Fabrics](https://busy.in/hsn/hsn-58012600/) | ₹4 Cr | | #8 | [HSN Code 58013710: Warp pile fabrics: Uncut](https://busy.in/hsn/hsn-58013710/) | < ₹1 Crore | | #9 | [HSN Code 58019010: Silk Pile/Chenille Fabrics (>50% Silk, No Wool/Hair)](https://busy.in/hsn/hsn-58019010/) | < ₹1 Crore | | #10 | [HSN Code 58019090: Man-made Fiber Pile/Chenille Fabrics](https://busy.in/hsn/hsn-58019090/) | < ₹1 Crore | | #11 | HSN Code 58012720: Cotton warp pile fabrics (this hsn code) | < ₹1 Crore |