--- title: "HSN Code for Tufted Textile Fabrics | HSN 58023000 GST Rate" description: "Find HSN and GST Rates for 58023000 related to Tufted Textile Fabrics with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-58023000/" --- # HSN Code 58023000: Tufted Textile 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 5802: Terry Towelling Fabrics](https://busy.in/hsn/sub-chapter-5802/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Tufted textile fabrics | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 58023000 ? It includes Of Cotton | Piece Dyed ### How should mixed supplies be billed when Tufted Textile Fabrics is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Tufted Textile Fabrics; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Tufted Textile 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 Tufted Textile Fabrics? Under HSN 58023000, Tufted Textile Fabrics attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Tufted Textile 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. ### Does packaging or labelling change the GST for Tufted Textile Fabrics? 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. ## India's trade performance: HSN Code 58023000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+50.00% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore (+166.67% YoY) — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #4931 of 12657 HSN codes - Share of Sub-Chapter 5802: 0.43% of its exports; import side 3.98% - Rank within Sub-Chapter 5802: #8 of 16 by export value; import-side #4 ### Key metrics - Export CAGR: 27.02% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #8946 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +1,300.00% in FY 2021-22 - Contribution to Sub-Ch. 5802: 0.43% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 58023000 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. 5802 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5802 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.29% | < ₹1 Crore | 0.0000% | — | 26.67% | +0.06 | #9190 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −30.00% | 0.30% | < ₹1 Crore | 0.0000% | +25.00% | 22.73% | +0.02 | #9335 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −85.71% | 0.06% | < ₹1 Crore | 0.0000% | +120.00% | 26.83% | −0.10 | #9985 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +1,300.00% | 0.94% | < ₹1 Crore | 0.0000% | 0.00% | 11.58% | +0.03 | #9373 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +214.29% | 2.06% | < ₹1 Crore | 0.0000% | +236.36% | 53.62% | +0.07 | #8780 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −36.36% | 0.48% | < ₹1 Crore | 0.0000% | −91.89% | 8.82% | +0.25 | #9231 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +50.00% | 0.43% | < ₹1 Crore | 0.0000% | +166.67% | 3.98% | +0.34 | #8946 | - CAGR (7-year): exports 27.02%/yr, imports 12.25%/yr (consistently Surplus) ## Key trade insights: HSN Code 58023000 export-import analysis ### Consistent export growth: 27.02% CAGR over 7 years India's exports under HSN Code 58023000 have grown at a compound annual rate of 27.02% over 7 fiscal years, rising from ₹0.10 Crore in FY 2018-19 to ₹0.42 Crore in FY 2024-25. ### HSN Code 58023000 ranked #8946 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 58023000 ranks #8946 out of 12657 HSN codes by total export value. Within Sub-Chapter 5802, it ranks #8 of 16. By trade surplus, it ranks #4931 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 58023000 exports The strongest single-year export movement for HSN Code 58023000 was recorded in FY 2021-22, when exports surged by 1,300.00% over the prior year. ### India maintains a trade surplus of ₹0.34 Crore in HSN Code 58023000 goods In FY 2024-25, India's exports of ₹0.42 Cr exceeded imports of ₹0.08 Cr, resulting in a trade surplus of ₹0.34 Crore — ranking #4931 of 12657 by surplus magnitude. ### Import growth of 12.25% CAGR signals rising demand for Tufted Textile Fabrics India's imports under HSN Code 58023000 have grown at 12.25% CAGR, reaching ₹0.08 Crore in FY 2024-25. ### HSN Code 58023000 contributes 0.43% of Sub-Chapter 5802 exports — ranked #8 Among the 16 HSN codes under Sub-Chapter 5802, HSN Code 58023000 ranks #8 by export value — accounting for 0.43% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.98% share (rank #4). ## Related HSN Codes in Sub-Chapter 5802 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 58022000: Terry Towelling & Similar Woven Terry Fabrics: Other Textile Materials](https://busy.in/hsn/hsn-58022000/) | ₹45 Cr | | #2 | [HSN Code 58021030: Piece-Dyed Handloom Terry Towelling & Similar Cotton Fabrics](https://busy.in/hsn/hsn-58021030/) | ₹18 Cr | | #3 | [HSN Code 58021090: Terry Towelling Cotton Unbleached](https://busy.in/hsn/hsn-58021090/) | ₹16 Cr | | #4 | [HSN Code 58021020: Bleached terry towelling of cotton](https://busy.in/hsn/hsn-58021020/) | ₹13 Cr | | #5 | [HSN Code 58021050: Printed terry towelling fabrics](https://busy.in/hsn/hsn-58021050/) | ₹2 Cr | | #6 | [HSN Code 58021040: Terry towelling and similar woven terry fabrics, of cotton : Yarn dyed](https://busy.in/hsn/hsn-58021040/) | ₹1 Cr | | #7 | [HSN Code 58021010: Handloom Terry Towelling & Similar Woven Terry Fabrics](https://busy.in/hsn/hsn-58021010/) | ₹1 Cr | | #8 | HSN Code 58023000: Tufted Textile Fabrics (this hsn code) | < ₹1 Crore | | — | [HSN Code 58021060: Handloom Terry Towelling & Similar Terry Fabrics of Cotton](https://busy.in/hsn/hsn-58021060/) | Nil | | — | [HSN Code 58021100: Terry Towelling Cotton Bleached](https://busy.in/hsn/hsn-58021100/) | Nil |