HSN Code 58050020: Jute Tapestries (Hand-Woven/Needle-Worked)

HSN Code 58050020 represents Jute Tapestries (Hand-Woven/Needle-Worked) under GST classification. This code helps businesses identify Jute Tapestries (Hand-Woven/Needle-Worked) correctly for billing, taxation, and trade. With HSN Code 58050020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Jute Tapestries (Hand-Woven/Needle-Worked).

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Description of Goods for HSN Code 58050020

HSN Code 58050020 relates to the following description.

Description of Goods

Hand-woven tapestries of the type gobelins, flanders, aubusson, beauvais and the like, and needle-worked tapestries (for example, petit point, cross stitch), whether or not made up : Tapestries of jute

Chapter

58 - Special woven fabrics; tufted textile fabrics; lace; tapestries; trimmings; embroidery

Sub Chapter

5805 - Hand-woven tapestries of the type gobelins, flanders, aubusson, beauvais and the like, and needle-worked tapestries (for example, petit point, cross stitch), whether or not made up

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 58050020 not include?

Jute Tapestries (Hand-Woven/Needle-Worked) does not include products with the following descriptions.

HSN Code 58050010

Hand-woven tapestries of the type gobelins, flanders, aubusson, beauvais and the like, and needle-worked tapestries (for example, petit point, cross stitch), whether or not made up : Tapestries hand made or needle worked by hand, of cotton

HSN Code 58050090

Hand-woven tapestries of the type gobelins, flanders, aubusson, beauvais and the like, and needle-worked tapestries (for example, petit point, cross stitch), whether or not made up : Other

India’s Trade Performance — HSN Code 58050020 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

< ₹1 Crore

+60.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #4878 of 12657 HSN codes

% of Sub-Chapter 5805

FY 2024-25

3.02%

Share of Sub-Chapter 5805’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 5805’s imports

Rank Within Sub-Chapter 5805

FY 2024-25

#3 of 3

Position by export value among HSN codes in Sub-Chapter 5805

At a glance

−7.77%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#9000

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+60.00%

Peak Growth Year

FY 2022-23 · strongest single-year move

3.02%

Contribution to Sub-Ch. 5805

Share of Sub-Chapter 5805 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 58050020

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #7973

Balance

+0.65

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

3.17% of Sub-Ch. 5805

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5805

FY 2019-20 Exp. Rank #8720

Balance

+0.24

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−63.08% YoY

1.32% of Sub-Ch. 5805

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5805

FY 2020-21 Exp. Rank #8966

Balance

+0.17

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−29.17% YoY

0.59% of Sub-Ch. 5805

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5805

FY 2021-22 Exp. Rank #9543

Balance

+0.10

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−41.18% YoY

0.55% of Sub-Ch. 5805

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5805

FY 2022-23 Exp. Rank #9410

Balance

+0.15

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+60.00% YoY

0.67% of Sub-Ch. 5805

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

1.10% of Sub-Ch. 5805

FY 2023-24 Exp. Rank #9307

Balance

+0.25

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+56.25% YoY

1.66% of Sub-Ch. 5805

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 5805

FY 2024-25 Exp. Rank #9000

Balance

+0.40

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+60.00% YoY

3.02% of Sub-Ch. 5805

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5805

CAGR · 7-Year

Exports

−7.77% /yr

Imports

—

Consistently Surplus
Sub-Chapter 5805 total

reference, FY 2024-25

Export

₹13.24 Cr

Import

₹0.03 Cr

Trade Balance

+13.21

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 58050020 Export-Import Analysis

Export Decline: −7.77% CAGR Over 7 Years

India's exports under HSN Code 58050020 have declined at a compound annual rate of −7.77% over 7 fiscal years, falling from ₹0.65 Crore in FY 2018-19 to ₹0.40 Crore in FY 2024-25.

HSN Code 58050020 Ranked #9000 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 58050020 ranks #9000 out of 12657 HSN codes by total export value. Within Sub-Chapter 5805, it ranks #3 of 3. By trade surplus, it ranks #4878 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 58050020 Exports

The strongest single-year export movement for HSN Code 58050020 was recorded in FY 2022-23, when exports surged by 60.00% over the prior year.

India Maintains a Trade Surplus of ₹0.40 Crore in HSN Code 58050020 Goods

In FY 2024-25, India's exports of ₹0.40 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.40 Crore — ranking #4878 of 12657 by surplus magnitude.

HSN Code 58050020 Contributes 3.02% of Sub-Chapter 5805 Exports — Ranked #3

Among the 3 HSN codes under Sub-Chapter 5805, HSN Code 58050020 ranks #3 by export value — accounting for 3.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 58050020 and GST compliance.

What products are classified under HSN 58050020 ?

It includes ≥5% Elastomeric Yarn/Rubber Thread Woven Fabrics

How much GST applies to Jute Tapestries (Hand-Woven/Needle-Worked)?

Under HSN 58050020, Jute Tapestries (Hand-Woven/Needle-Worked) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Jute Tapestries (Hand-Woven/Needle-Worked)?

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 Jute Tapestries (Hand-Woven/Needle-Worked)?

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

Can we claim ITC on inputs used to trade Jute Tapestries (Hand-Woven/Needle-Worked)?

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

Does packaging or labelling change the GST for Jute Tapestries (Hand-Woven/Needle-Worked)?

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.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.