HSN Code 58071020: Woven | Of Man-Made Fibre

HSN Code 58071020 represents Woven | Of Man-Made Fibre under GST classification. This code helps businesses identify Woven | Of Man-Made Fibre correctly for billing, taxation, and trade. With HSN Code 58071020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Woven | Of Man-Made Fibre.

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Description of Goods for HSN Code 58071020

HSN Code 58071020 relates to the following description.

Description of Goods

Woven : Of man-made fibre

Chapter

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

Sub Chapter

5807 - Labels, badges and similar articles of textile materials, in the piece, in strips or cut to shape or size, not embroidered

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 58071020 not include?

Woven | Of Man-Made Fibre does not include products with the following descriptions.

India’s Trade Performance — HSN Code 58071020 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

₹17 Cr

+82.23% vs FY 2023-24

0.0004% of India’s total exports

India’s Imports

FY 2024-25

₹18 Cr

+7.29% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

−₹2 Cr

Trade Deficit

Surplus rank #8164 of 12657 HSN codes

% of Sub-Chapter 5807

FY 2024-25

23.37%

Share of Sub-Chapter 5807’s total exports in FY 2024-25

Import side: 7.13% of Sub-Chapter 5807’s imports

Rank Within Sub-Chapter 5807

FY 2024-25

#2 of 5

Position by export value among HSN codes in Sub-Chapter 5807

Import-side rank: #4 of 5

At a glance

4.27%

Export CAGR

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

#5127

National Export Rank

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

+82.23%

Peak Growth Year

FY 2024-25 · strongest single-year move

23.37%

Contribution to Sub-Ch. 5807

Share of Sub-Chapter 5807 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 58071020

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 #4695

Balance

−38.95

Exports

12.85 ₹ Cr

0.0006% share

YoY

12.87% of Sub-Ch. 5807

Imports

51.80 ₹ Cr

0.0014% share

YoY

22.01% of Sub-Ch. 5807

FY 2019-20 Exp. Rank #4537

Balance

−18.76

Exports

14.53 ₹ Cr

0.0007% share

+13.07% YoY

18.04% of Sub-Ch. 5807

Imports

33.29 ₹ Cr

0.0010% share

−35.73% YoY

14.79% of Sub-Ch. 5807

FY 2020-21 Exp. Rank #4803

Balance

+0.77

Exports

12.43 ₹ Cr

0.0006% share

−14.45% YoY

18.61% of Sub-Ch. 5807

Imports

11.66 ₹ Cr

0.0004% share

−64.97% YoY

6.47% of Sub-Ch. 5807

FY 2021-22 Exp. Rank #4951

Balance

−34.79

Exports

15.29 ₹ Cr

0.0005% share

+23.01% YoY

15.14% of Sub-Ch. 5807

Imports

50.08 ₹ Cr

0.0011% share

+329.50% YoY

17.76% of Sub-Ch. 5807

FY 2022-23 Exp. Rank #5220

Balance

−20.67

Exports

13.58 ₹ Cr

0.0004% share

−11.18% YoY

17.00% of Sub-Ch. 5807

Imports

34.25 ₹ Cr

0.0006% share

−31.61% YoY

14.31% of Sub-Ch. 5807

FY 2023-24 Exp. Rank #5854

Balance

−8.08

Exports

9.06 ₹ Cr

0.0003% share

−33.28% YoY

16.57% of Sub-Ch. 5807

Imports

17.14 ₹ Cr

0.0003% share

−49.96% YoY

8.62% of Sub-Ch. 5807

FY 2024-25 Exp. Rank #5127

Balance

−1.88

Exports

16.51 ₹ Cr

0.0004% share

+82.23% YoY

23.37% of Sub-Ch. 5807

Imports

18.39 ₹ Cr

0.0003% share

+7.29% YoY

7.13% of Sub-Ch. 5807

CAGR · 7-Year

Exports

4.27% /yr

Imports

−15.85% /yr

Consistently Deficit
Sub-Chapter 5807 total

reference, FY 2024-25

Export

₹70.66 Cr

Import

₹257.91 Cr

Trade Balance

−187.25

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

Key Trade Insights: HSN Code 58071020 Export-Import Analysis

Consistent Export Growth: 4.27% CAGR Over 7 Years

India's exports under HSN Code 58071020 have grown at a compound annual rate of 4.27% over 7 fiscal years, rising from ₹12.85 Crore in FY 2018-19 to ₹16.51 Crore in FY 2024-25.

HSN Code 58071020 Ranked #5127 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 58071020 ranks #5127 out of 12657 HSN codes by total export value. Within Sub-Chapter 5807, it ranks #2 of 5. By trade surplus, it ranks #8164 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 58071020 Exports

The strongest single-year export movement for HSN Code 58071020 was recorded in FY 2024-25, when exports surged by 82.23% over the prior year.

India Records a Trade Deficit of ₹1.88 Crore in HSN Code 58071020 Goods

In FY 2024-25, India's imports of ₹18.39 Cr exceeded exports of ₹16.51 Cr, resulting in a trade deficit of ₹1.88 Crore — ranking #8164 of 12657 by surplus magnitude.

Import Growth of −15.85% CAGR Signals Stable Import Dependency for Woven | Of Man-Made Fibre

India's imports under HSN Code 58071020 have grown at −15.85% CAGR, reaching ₹18.39 Crore in FY 2024-25.

HSN Code 58071020 Contributes 23.37% of Sub-Chapter 5807 Exports — Ranked #2

Among the 5 HSN codes under Sub-Chapter 5807, HSN Code 58071020 ranks #2 by export value — accounting for 23.37% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 7.13% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 58071020 and GST compliance.

What products are classified under HSN 58071020 ?

It includes Other : Other

Does packaging or labelling change the GST for Woven / Of Man-Made Fibre?

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 Woven / Of Man-Made Fibre?

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

How should mixed supplies be billed when Woven / Of Man-Made Fibre is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Woven / Of Man-Made Fibre; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Woven / Of Man-Made Fibre?

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.

How much GST applies to Woven / Of Man-Made Fibre?

Under HSN 58071020, Woven / Of Man-Made Fibre attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Woven / Of Man-Made Fibre?

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

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.