---
title: "HSN Code for Mechanically made lace : Of man-made fibres | HSN 58042100 GST Rate"
description: "Find HSN and GST Rates for 58042100 related to Mechanically made lace : Of man-made fibres with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-58042100/"
---

# HSN Code 58042100: Mechanically made lace : Of man-made fibres

- [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 5804: Tulles, Lace, Net Fabrics](https://busy.in/hsn/sub-chapter-5804/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Mechanically made lace : Of man-made fibres | 6% | 6% | 12% | 0% |

## Frequently asked questions

### What products are classified under HSN 58042100 ?

It includes Hand-Made Lace

### How should mixed supplies be billed when Mechanically made lace : Of man-made fibres is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Mechanically made lace : Of man-made fibres; Nil for exempt items if applicable).

### Do e‑way bill and e‑invoice apply for Mechanically made lace : Of man-made fibres?

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.

### Any common misclassification issue with Mechanically made lace : Of man-made fibres?

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

### How much GST applies to Mechanically made lace : Of man-made fibres?

Under HSN 58042100, Mechanically made lace : Of man-made fibres attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Does packaging or labelling change the GST for Mechanically made lace : Of man-made fibres?

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.

### Can we claim ITC on inputs used to trade Mechanically made lace : Of man-made fibres?

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

## India's trade performance: HSN Code 58042100 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹12 Cr (−64.55% YoY) — 0.0003% of India's total exports
- Imports: ₹133 Cr (+4.30% YoY) — 0.0022% of India's total imports
- Trade balance: −₹121 Cr (Deficit); surplus rank #10948 of 12657 HSN codes
- Share of Sub-Chapter 5804: 7.73% of its exports; import side 57.58%
- Rank within Sub-Chapter 5804: #3 of 6 by export value; import-side #1

### Key metrics

- Export CAGR: -16.12% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #5516 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +119.73% in FY 2022-23
- Contribution to Sub-Ch. 5804: 7.73% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 58042100

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. 5804 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5804 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 35.85 | 0.0016% | — | 16.88% | 135.16 | 0.0038% | — | 41.67% | −99.31 | #3342 |
| FY 2019-20 | 48.65 | 0.0022% | +35.70% | 13.22% | 142.59 | 0.0043% | +5.50% | 49.59% | −93.94 | #2907 |
| FY 2020-21 | 16.92 | 0.0008% | −65.22% | 10.02% | 79.10 | 0.0027% | −44.53% | 52.72% | −62.18 | #4426 |
| FY 2021-22 | 33.80 | 0.0011% | +99.76% | 16.91% | 118.75 | 0.0026% | +50.13% | 51.67% | −84.95 | #3890 |
| FY 2022-23 | 74.27 | 0.0021% | +119.73% | 28.64% | 100.84 | 0.0018% | −15.08% | 46.13% | −26.57 | #2958 |
| FY 2023-24 | 35.23 | 0.0010% | −52.57% | 16.75% | 127.76 | 0.0023% | +26.70% | 60.20% | −92.53 | #4030 |
| FY 2024-25 | 12.49 | 0.0003% | −64.55% | 7.73% | 133.25 | 0.0022% | +4.30% | 57.58% | −120.76 | #5516 |

- CAGR (7-year): exports -16.12%/yr, imports -0.24%/yr (consistently Deficit)

## Key trade insights: HSN Code 58042100 export-import analysis

### Export decline: -16.12% CAGR over 7 years

India's exports under HSN Code 58042100 have declined at a compound annual rate of -16.12% over 7 fiscal years, falling from ₹35.85 Crore in FY 2018-19 to ₹12.49 Crore in FY 2024-25.

### HSN Code 58042100 ranked #5516 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 58042100 ranks #5516 out of 12657 HSN codes by total export value. Within Sub-Chapter 5804, it ranks #3 of 6. By trade surplus, it ranks #10948 of 12657.

### FY 2022-23 was the strongest growth year for HSN Code 58042100 exports

The strongest single-year export movement for HSN Code 58042100 was recorded in FY 2022-23, when exports surged by 119.73% over the prior year.

### India records a trade deficit of ₹120.76 Crore in HSN Code 58042100 goods

In FY 2024-25, India's imports of ₹133.25 Cr exceeded exports of ₹12.49 Cr, resulting in a trade deficit of ₹120.76 Crore — ranking #10948 of 12657 by surplus magnitude.

### Import growth of -0.24% CAGR signals stable import dependency for Mechanically made lace : Of man-made fibres

India's imports under HSN Code 58042100 have grown at -0.24% CAGR, reaching ₹133.25 Crore in FY 2024-25.

### HSN Code 58042100 contributes 7.73% of Sub-Chapter 5804 exports — ranked #3

Among the 6 HSN codes under Sub-Chapter 5804, HSN Code 58042100 ranks #3 by export value — accounting for 7.73% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 57.58% share (rank #1).

## Related HSN Codes in Sub-Chapter 5804

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 58041090: Tulles And Other Net Fabrics \| Other](https://busy.in/hsn/hsn-58041090/) | ₹111 Cr |
| #2 | [HSN Code 58042990: Lace: Mechanically made, other](https://busy.in/hsn/hsn-58042990/) | ₹29 Cr |
| #3 | HSN Code 58042100: Mechanically made lace : Of man-made fibres (this hsn code) | ₹12 Cr |
| #4 | [HSN Code 58043000: Hand-Made Lace](https://busy.in/hsn/hsn-58043000/) | ₹6 Cr |
| #5 | [HSN Code 58042910: Cotton lace: Mechanically made](https://busy.in/hsn/hsn-58042910/) | ₹2 Cr |
| #6 | [HSN Code 58041010: Tools For Tapping Or Threading \| Chasers](https://busy.in/hsn/hsn-58041010/) | ₹1 Cr |