---
title: "HSN Code for Cotton lace: Mechanically made | HSN 58042910 GST Rate"
description: "Find HSN and GST Rates for 58042910 related to Cotton lace: Mechanically made with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-58042910/"
---

# HSN Code 58042910: Cotton lace: Mechanically made

- [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 other textile materials : Of cotton | 6% | 6% | 12% | 0% |

## Frequently asked questions

### What products are classified under HSN 58042910 ?

It includes Jute Hand/Shopping Bags

### Do e‑way bill and e‑invoice apply for Cotton lace: Mechanically made?

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 Cotton lace: Mechanically made?

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 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.

### Any common misclassification issue with Cotton lace: Mechanically made?

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 Cotton lace: Mechanically made?

Under HSN 58042910, Cotton lace: Mechanically made attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 58042910 (FY 2024-25)

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

- Exports: ₹2 Cr (−5.51% YoY) — 0.0001% of India's total exports
- Imports: ₹19 Cr (+7.23% YoY) — 0.0003% of India's total imports
- Trade balance: −₹16 Cr (Deficit); surplus rank #9412 of 12657 HSN codes
- Share of Sub-Chapter 5804: 1.48% of its exports; import side 8.01%
- Rank within Sub-Chapter 5804: #5 of 6 by export value; import-side #3

### Key metrics

- Export CAGR: -7.65% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #7438 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +621.91% in FY 2020-21
- Contribution to Sub-Ch. 5804: 1.48% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 58042910

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 | 3.87 | 0.0002% | — | 1.82% | 10.38 | 0.0003% | — | 3.20% | −6.51 | #6174 |
| FY 2019-20 | 1.78 | 0.0001% | −54.01% | 0.48% | 9.81 | 0.0003% | −5.49% | 3.41% | −8.03 | #7057 |
| FY 2020-21 | 12.85 | 0.0006% | +621.91% | 7.61% | 15.01 | 0.0005% | +53.01% | 10.00% | −2.16 | #4776 |
| FY 2021-22 | 6.34 | 0.0002% | −50.66% | 3.17% | 23.15 | 0.0005% | +54.23% | 10.07% | −16.81 | #6056 |
| FY 2022-23 | 2.60 | 0.0001% | −58.99% | 1.00% | 20.46 | 0.0004% | −11.62% | 9.36% | −17.86 | #7149 |
| FY 2023-24 | 2.54 | 0.0001% | −2.31% | 1.21% | 17.29 | 0.0003% | −15.49% | 8.15% | −14.75 | #7318 |
| FY 2024-25 | 2.40 | 0.0001% | −5.51% | 1.48% | 18.54 | 0.0003% | +7.23% | 8.01% | −16.14 | #7438 |

- CAGR (7-year): exports -7.65%/yr, imports 10.15%/yr (consistently Deficit)

## Key trade insights: HSN Code 58042910 export-import analysis

### Export decline: -7.65% CAGR over 7 years

India's exports under HSN Code 58042910 have declined at a compound annual rate of -7.65% over 7 fiscal years, falling from ₹3.87 Crore in FY 2018-19 to ₹2.40 Crore in FY 2024-25.

### HSN Code 58042910 ranked #7438 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 58042910 ranks #7438 out of 12657 HSN codes by total export value. Within Sub-Chapter 5804, it ranks #5 of 6. By trade surplus, it ranks #9412 of 12657.

### FY 2020-21 was the strongest growth year for HSN Code 58042910 exports

The strongest single-year export movement for HSN Code 58042910 was recorded in FY 2020-21, when exports surged by 621.91% over the prior year.

### India records a trade deficit of ₹16.14 Crore in HSN Code 58042910 goods

In FY 2024-25, India's imports of ₹18.54 Cr exceeded exports of ₹2.40 Cr, resulting in a trade deficit of ₹16.14 Crore — ranking #9412 of 12657 by surplus magnitude.

### Import growth of 10.15% CAGR signals rising demand for Cotton lace: Mechanically made

India's imports under HSN Code 58042910 have grown at 10.15% CAGR, reaching ₹18.54 Crore in FY 2024-25.

### HSN Code 58042910 contributes 1.48% of Sub-Chapter 5804 exports — ranked #5

Among the 6 HSN codes under Sub-Chapter 5804, HSN Code 58042910 ranks #5 by export value — accounting for 1.48% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 8.01% share (rank #3).

## 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](https://busy.in/hsn/hsn-58042100/) | ₹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 (this hsn code) | ₹2 Cr |
| #6 | [HSN Code 58041010: Tools For Tapping Or Threading \| Chasers](https://busy.in/hsn/hsn-58041010/) | ₹1 Cr |