HSN Code 58021040: Terry towelling and similar woven terry fabrics, of cotton : Yarn dyed

HSN Code 58021040 represents Terry towelling and similar woven terry fabrics, of cotton : Yarn dyed under GST classification. This code helps businesses identify Terry towelling and similar woven terry fabrics, of cotton : Yarn dyed correctly for billing, taxation, and trade. With HSN Code 58021040, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Terry towelling and similar woven terry fabrics, of cotton : Yarn dyed.

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Description of Goods for HSN Code 58021040

HSN Code 58021040 relates to the following description.

Description of Goods

Terry towelling and similar woven terry fabrics, of cotton : Yarn dyed

Chapter

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

Sub Chapter

5802 - Terry towelling and similar woven terry fabrics, other than narrow fabrics of heading 5806; tufted textile fabrics, other than products of heading 5703

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 58021040 not include?

Terry towelling and similar woven terry fabrics, of cotton : Yarn dyed does not include products with the following descriptions.

HSN Code 58021100

Terry towelling and similar woven terry fabrics, other than narrow fabrics of heading 5806; tufted textile fabrics, other than products of heading 5703 - terry towelling and similar woven terry fabrics, of cotton:unbleached

HSN Code 58021910

Terry towelling and similar woven terry fabrics, other than narrow fabrics of heading 5806; tufted textile fabrics, other than products of heading 5703 - terry towelling and similar woven terry fabrics, of cotton: - other:bleached

HSN Code 58021920

Terry towelling and similar woven terry fabrics, other than narrow fabrics of heading 5806; tufted textile fabrics, other than products of heading 5703 - terry towelling and similar woven terry fabrics, of cotton: - other:piece dyed

HSN Code 58021930

Terry towelling and similar woven terry fabrics, other than narrow fabrics of heading 5806; tufted textile fabrics, other than products of heading 5703 - terry towelling and similar woven terry fabrics, of cotton: - other:yarn dyed

HSN Code 58021940

Terry towelling and similar woven terry fabrics, other than narrow fabrics of heading 5806; tufted textile fabrics, other than products of heading 5703 - terry towelling and similar woven terry fabrics, of cotton: - other:printed

HSN Code 58022000

Terry towelling and similar woven terry fabrics, of other textile materials

India’s Trade Performance — HSN Code 58021040 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 Cr

+71.95% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹1 Cr

Trade Surplus

Surplus rank #4374 of 12657 HSN codes

% of Sub-Chapter 5802

FY 2024-25

1.45%

Share of Sub-Chapter 5802’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 5802’s imports

Rank Within Sub-Chapter 5802

FY 2024-25

#6 of 16

Position by export value among HSN codes in Sub-Chapter 5802

At a glance

#7927

National Export Rank

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

+71.95%

Peak Growth Year

FY 2024-25 · strongest single-year move

1.45%

Contribution to Sub-Ch. 5802

Share of Sub-Chapter 5802 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 58021040

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

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5802

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5802

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5802

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5802

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5802

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5802

FY 2021-22

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5802

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5802

FY 2022-23 Exp. Rank #8029

Balance

+1.09

Exports

1.09 ₹ Cr

0.0000% share

— YoY

5.10% of Sub-Ch. 5802

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5802

FY 2023-24 Exp. Rank #8412

Balance

+0.82

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−24.77% YoY

1.39% of Sub-Ch. 5802

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5802

FY 2024-25 Exp. Rank #7927

Balance

+1.41

Exports

1.41 ₹ Cr

0.0000% share

+71.95% YoY

1.45% of Sub-Ch. 5802

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5802

Sub-Chapter 5802 total

reference, FY 2024-25

Export

₹97.07 Cr

Import

₹2.01 Cr

Trade Balance

+95.06

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

Key Trade Insights: HSN Code 58021040 Export-Import Analysis

Export Snapshot for HSN Code 58021040

India exported ₹1.41 Crore worth of Terry towelling and similar woven terry fabrics, of cotton : Yarn dyed in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 58021040 Ranked #7927 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 58021040 ranks #7927 out of 12657 HSN codes by total export value. Within Sub-Chapter 5802, it ranks #6 of 16. By trade surplus, it ranks #4374 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 58021040 Exports

The strongest single-year export movement for HSN Code 58021040 was recorded in FY 2024-25, when exports surged by 71.95% over the prior year.

India Maintains a Trade Surplus of ₹1.41 Crore in HSN Code 58021040 Goods

In FY 2024-25, India's exports of ₹1.41 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹1.41 Crore — ranking #4374 of 12657 by surplus magnitude.

HSN Code 58021040 Contributes 1.45% of Sub-Chapter 5802 Exports — Ranked #6

Among the 16 HSN codes under Sub-Chapter 5802, HSN Code 58021040 ranks #6 by export value — accounting for 1.45% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 58021040 and GST compliance.

What products are classified under HSN 58021040 ?

It includes Terry towelling

Any common misclassification issue with Terry towelling and similar woven terry fabrics, of cotton : Yarn dyed?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Does packaging or labelling change the GST for Terry towelling and similar woven terry fabrics, of cotton : Yarn dyed?

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.

Do e‑way bill and e‑invoice apply for Terry towelling and similar woven terry fabrics, of cotton : Yarn dyed?

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 should mixed supplies be billed when Terry towelling and similar woven terry fabrics, of cotton : Yarn dyed is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Terry towelling and similar woven terry fabrics, of cotton : Yarn dyed; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Terry towelling and similar woven terry fabrics, of cotton : Yarn dyed?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

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.