HSN Code 58012720: Cotton warp pile fabrics

HSN Code 58012720 represents Cotton warp pile fabrics under GST classification. This code helps businesses identify Cotton warp pile fabrics correctly for billing, taxation, and trade. With HSN Code 58012720, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cotton warp pile fabrics.

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Description of Goods for HSN Code 58012720

HSN Code 58012720 relates to the following description.

Description of Goods

Of cotton : Warp pile fabrics : Warp pile fabrics, cut

Chapter

58 - Special woven fabrics; tufted textile fabrics; lace; tapestries; trimmings; embroidery

Sub Chapter

5801 - Woven pile fabrics and chenille fabrics, other than fabrics of heading 5802 or 5806

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 58012720 not include?

Cotton warp pile fabrics does not include products with the following descriptions.

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 58012720 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

< ₹1 Crore

−20.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−85.81% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #5420 of 12657 HSN codes

% of Sub-Chapter 5801

FY 2024-25

0.14%

Share of Sub-Chapter 5801’s total exports in FY 2024-25

Import side: 0.37% of Sub-Chapter 5801’s imports

Rank Within Sub-Chapter 5801

FY 2024-25

#11 of 19

Position by export value among HSN codes in Sub-Chapter 5801

Import-side rank: #15 of 19

At a glance

−6.23%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#8581

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+116.67%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.14%

Contribution to Sub-Ch. 5801

Share of Sub-Chapter 5801 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #7626

Balance

+0.88

Exports

1.00 ₹ Cr

0.0000% share

YoY

0.40% of Sub-Ch. 5801

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.26% of Sub-Ch. 5801

FY 2019-20 Exp. Rank #8891

Balance

−0.02

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−82.00% YoY

0.08% of Sub-Ch. 5801

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+66.67% YoY

0.22% of Sub-Ch. 5801

FY 2020-21 Exp. Rank #8412

Balance

−0.61

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+116.67% YoY

0.19% of Sub-Ch. 5801

Imports

1.00 ₹ Cr

0.0000% share

+400.00% YoY

0.85% of Sub-Ch. 5801

FY 2021-22 Exp. Rank #8146

Balance

+0.29

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+112.82% YoY

0.26% of Sub-Ch. 5801

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−46.00% YoY

0.32% of Sub-Ch. 5801

FY 2022-23 Exp. Rank #8763

Balance

−0.14

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−45.78% YoY

0.12% of Sub-Ch. 5801

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+9.26% YoY

0.37% of Sub-Ch. 5801

FY 2023-24 Exp. Rank #8375

Balance

−3.66

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+88.89% YoY

0.18% of Sub-Ch. 5801

Imports

4.51 ₹ Cr

0.0001% share

+664.41% YoY

2.67% of Sub-Ch. 5801

FY 2024-25 Exp. Rank #8581

Balance

+0.04

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−20.00% YoY

0.14% of Sub-Ch. 5801

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−85.81% YoY

0.37% of Sub-Ch. 5801

CAGR · 7-Year

Exports

−6.23% /yr

Imports

32.18% /yr

Consistently Surplus
Sub-Chapter 5801 total

reference, FY 2024-25

Export

₹487.39 Cr

Import

₹173.60 Cr

Trade Balance

+313.79

Peak export growth year Latest available data Not available YoY = change vs previous FY

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 58012720 and GST compliance.

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.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.