HSN Code 58041010 represents Tools For Tapping Or Threading | Chasers under GST classification. This code helps businesses identify Tools For Tapping Or Threading | Chasers correctly for billing, taxation, and trade. With HSN Code 58041010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Tools For Tapping Or Threading | Chasers.
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HSN Code 58041010 relates to the following description.
Special woven fabrics; tufted textile fabrics; lace; tapestries; trimmings; embroidery
Tulles and other net fabrics, not including woven, knitted or crocheted fabrics; lace in the piece, in strips or in motifs, other than fabrics of headings 6002 to 6006
Tulles and other net fabrics : Of cotton
6%
6%
12%
0%
Description of Goods
Tulles and other net fabrics : Of cotton
Chapter
58 - Special woven fabrics; tufted textile fabrics; lace; tapestries; trimmings; embroidery
Sub Chapter
5804 - Tulles and other net fabrics, not including woven, knitted or crocheted fabrics; lace in the piece, in strips or in motifs, other than fabrics of headings 6002 to 6006
CGST
6%
SGST
6%
IGST
12%
CESS
0%
Tools For Tapping Or Threading | Chasers does not include products with the following descriptions.
Tulles and other net fabrics : Other
Mechanically made lace : Of man-made fibres
Mechanically made lace : Of other textile materials : Of cotton
Mechanically made lace : Of other textile materials : Other
Hand-made lace
India’s Exports
FY 2024-25₹1 Cr
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹3 Cr
0.0000% of India’s total imports
Trade Balance
FY 2024-25−₹1 Cr
Surplus rank #8031 of 12657 HSN codes
% of Sub-Chapter 5804
FY 2024-250.72%
Share of Sub-Chapter 5804’s total exports in FY 2024-25
Import side: 1.11% of Sub-Chapter 5804’s imports
Rank Within Sub-Chapter 5804
FY 2024-25#6 of 6
Position by export value among HSN codes in Sub-Chapter 5804
Import-side rank: #5 of 6
At a glance
−23.01%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#8121
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+68.09%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.72%
Contribution to Sub-Ch. 5804
Share of Sub-Chapter 5804 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+0.74
Exports
5.57 ₹ Cr
0.0002% share
— YoY
2.62% of Sub-Ch. 5804
Imports
4.83 ₹ Cr
0.0001% share
— YoY
1.49% of Sub-Ch. 5804
Balance
+2.04
Exports
2.63 ₹ Cr
0.0001% share
−52.78% YoY
0.71% of Sub-Ch. 5804
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−87.78% YoY
0.21% of Sub-Ch. 5804
Balance
−0.01
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−65.78% YoY
0.53% of Sub-Ch. 5804
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+54.24% YoY
0.61% of Sub-Ch. 5804
Balance
+0.29
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+4.44% YoY
0.47% of Sub-Ch. 5804
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−28.57% YoY
0.28% of Sub-Ch. 5804
Balance
+0.40
Exports
1.58 ₹ Cr
0.0000% share
+68.09% YoY
0.61% of Sub-Ch. 5804
Imports
1.18 ₹ Cr
0.0000% share
+81.54% YoY
0.54% of Sub-Ch. 5804
Balance
−0.67
Exports
1.26 ₹ Cr
0.0000% share
−20.25% YoY
0.60% of Sub-Ch. 5804
Imports
1.93 ₹ Cr
0.0000% share
+63.56% YoY
0.91% of Sub-Ch. 5804
Balance
−1.40
Exports
1.16 ₹ Cr
0.0000% share
−7.94% YoY
0.72% of Sub-Ch. 5804
Imports
2.56 ₹ Cr
0.0000% share
+32.64% YoY
1.11% of Sub-Ch. 5804
CAGR · 7-Year
Exports
−23.01% /yr
Imports
−10.04% /yr
reference, FY 2024-25
Export
₹161.68 Cr
Import
₹231.42 Cr
Trade Balance
−69.74
India's exports under HSN Code 58041010 have declined at a compound annual rate of −23.01% over 7 fiscal years, falling from ₹5.57 Crore in FY 2018-19 to ₹1.16 Crore in FY 2024-25.
In FY 2024-25, HSN Code 58041010 ranks #8121 out of 12657 HSN codes by total export value. Within Sub-Chapter 5804, it ranks #6 of 6. By trade surplus, it ranks #8031 of 12657.
The strongest single-year export movement for HSN Code 58041010 was recorded in FY 2022-23, when exports surged by 68.09% over the prior year.
In FY 2024-25, India's imports of ₹2.56 Cr exceeded exports of ₹1.16 Cr, resulting in a trade deficit of ₹1.40 Crore — ranking #8031 of 12657 by surplus magnitude.
India's imports under HSN Code 58041010 have grown at −10.04% CAGR, reaching ₹2.56 Crore in FY 2024-25.
Among the 6 HSN codes under Sub-Chapter 5804, HSN Code 58041010 ranks #6 by export value — accounting for 0.72% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.11% share (rank #5).
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Clear answers to common queries about HSN Code 58041010 and GST compliance.
It includes Cotton lace: Mechanically made
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Tools For Tapping Or Threading / Chasers; Nil for exempt items if applicable).
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.
Under HSN 58041010, Tools For Tapping Or Threading / Chasers attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.