HSN Code 58042910 represents Cotton lace: Mechanically made under GST classification. This code helps businesses identify Cotton lace: Mechanically made correctly for billing, taxation, and trade. With HSN Code 58042910, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cotton lace: Mechanically made.
Manage correct HSN codes and GST rates with BUSY.
HSN Code 58042910 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
Mechanically made lace : Of other textile materials : Of cotton
2.5%
2.5%
5%
0%
Description of Goods
Mechanically made lace : Of other textile materials : 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
2.5%
SGST
2.5%
IGST
5%
CESS
0%
Cotton lace: Mechanically made does not include products with the following descriptions.
Tulles and other net fabrics : Of cotton
Tulles and other net fabrics : Other
Mechanically made lace : Of man-made fibres
Mechanically made lace : Of other textile materials : Other
Hand-made lace
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
India’s Exports
FY 2025-26₹3 Cr
0.0001% of India’s total exports
India’s Imports
FY 2025-26₹16 Cr
0.0002% of India’s total imports
Trade Balance
FY 2025-26−₹13 Cr
Surplus rank #9315 of 12872 HSN codes
% of Sub-Chapter 5804
FY 2025-261.45%
Share of Sub-Chapter 5804’s total exports in FY 2025-26
Import side: 5.99% of Sub-Chapter 5804’s imports
Rank Within Sub-Chapter 5804
FY 2025-26#5 of 6
Position by export value among HSN codes in Sub-Chapter 5804
Import-side rank: #3 of 6
At a glance
−5.73%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#7495
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+621.91%
Peak Growth Year
FY 2020-21 · strongest single-year move
1.45%
Contribution to Sub-Ch. 5804
Share of Sub-Chapter 5804 exports in FY 2025-26
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−6.51
Exports
3.87 ₹ Cr
0.0002% share
— YoY
1.82% of Sub-Ch. 5804
Imports
10.38 ₹ Cr
0.0003% share
— YoY
3.20% of Sub-Ch. 5804
Balance
−8.03
Exports
1.78 ₹ Cr
0.0001% share
−54.01% YoY
0.48% of Sub-Ch. 5804
Imports
9.81 ₹ Cr
0.0003% share
−5.49% YoY
3.41% of Sub-Ch. 5804
Balance
−2.16
Exports
12.85 ₹ Cr
0.0006% share
+621.91% YoY
7.61% of Sub-Ch. 5804
Imports
15.01 ₹ Cr
0.0005% share
+53.01% YoY
10.00% of Sub-Ch. 5804
Balance
−16.81
Exports
6.34 ₹ Cr
0.0002% share
−50.66% YoY
3.17% of Sub-Ch. 5804
Imports
23.15 ₹ Cr
0.0005% share
+54.23% YoY
10.07% of Sub-Ch. 5804
Balance
−17.86
Exports
2.60 ₹ Cr
0.0001% share
−58.99% YoY
1.00% of Sub-Ch. 5804
Imports
20.46 ₹ Cr
0.0004% share
−11.62% YoY
9.36% of Sub-Ch. 5804
Balance
−14.75
Exports
2.54 ₹ Cr
0.0001% share
−2.31% YoY
1.21% of Sub-Ch. 5804
Imports
17.29 ₹ Cr
0.0003% share
−15.49% YoY
8.15% of Sub-Ch. 5804
Balance
−16.14
Exports
2.40 ₹ Cr
0.0001% share
−5.51% YoY
1.48% of Sub-Ch. 5804
Imports
18.54 ₹ Cr
0.0003% share
+7.23% YoY
8.01% of Sub-Ch. 5804
Balance
−13.35
Exports
2.56 ₹ Cr
0.0001% share
+6.67% YoY
1.45% of Sub-Ch. 5804
Imports
15.91 ₹ Cr
0.0002% share
−14.19% YoY
5.99% of Sub-Ch. 5804
CAGR · 8-Year
Exports
−5.73% /yr
Imports
6.29% /yr
reference, FY 2025-26
Export
₹176.50 Cr
Import
₹265.62 Cr
Trade Balance
−89.12
India's exports under HSN Code 58042910 have declined at a compound annual rate of −5.73% over 8 fiscal years, falling from ₹3.87 Crore in FY 2018-19 to ₹2.56 Crore in FY 2025-26.
In FY 2025-26, HSN Code 58042910 ranks #7495 out of 12872 HSN codes by total export value. Within Sub-Chapter 5804, it ranks #5 of 6. By trade surplus, it ranks #9315 of 12872.
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.
In FY 2025-26, India's imports of ₹15.91 Cr exceeded exports of ₹2.56 Cr, resulting in a trade deficit of ₹13.35 Crore — ranking #9315 of 12872 by surplus magnitude.
India's imports under HSN Code 58042910 have grown at 6.29% CAGR, reaching ₹15.91 Crore in FY 2025-26.
Among the 6 HSN codes under Sub-Chapter 5804, HSN Code 58042910 ranks #5 by export value — accounting for 1.45% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 5.99% share (rank #3).
Clear answers to common queries about HSN Code 58042910 and GST compliance.
It includes Jute Hand/Shopping Bags
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.
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Under HSN 58042910, Cotton lace: Mechanically made attracts Varies when sold in taxable form. Describe the exact form on the invoice.