--- title: "HSN Code for Fibre Belt Conveyor | HSN 59100060 GST Rate" description: "Find HSN and GST Rates for 59100060 related to Fibre Belt Conveyor with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-59100060/" --- # HSN Code 59100060: Fibre Belt Conveyor - [Section 11: Guide to HSN Section 11](https://busy.in/hsn/section-11/) - [Chapter 59: Impregnated, Coated, Covered or Laminated Textile Fabrics for Industrial Use](https://busy.in/hsn/chapter-59/) - [Sub-chapter 5910: Textile conveyor belts, reinforced](https://busy.in/hsn/sub-chapter-5910/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Transmission or conveyor belts or belting, of textile material, whether or not impregnated, coated, covered or laminated with plastics, or reinforced with metal or other material : Fibre belt conveyor | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 59100060 ? It includes Bolting cloth, whether or not made up ### Any common misclassification issue with Fibre Belt Conveyor? 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 Fibre Belt Conveyor? 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 Fibre Belt Conveyor is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Fibre Belt Conveyor; Nil for exempt items if applicable). ### How much GST applies to Fibre Belt Conveyor? Under HSN 59100060, Fibre Belt Conveyor attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Fibre Belt Conveyor? 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 Fibre Belt Conveyor? 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. ## India's trade performance: HSN Code 59100060 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+14.29% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore (−10.00% YoY) — 0.0000% of India's total imports - Trade balance: −< ₹1 Crore (Deficit); surplus rank #7766 of 12657 HSN codes - Share of Sub-Chapter 5910: 0.14% of its exports; import side 0.66% - Rank within Sub-Chapter 5910: #6 of 7 by export value; import-side #4 ### Key metrics - Export CAGR: 12.25% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9843 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +357.14% in FY 2020-21 - Contribution to Sub-Ch. 5910: 0.14% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 59100060 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. 5910 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5910 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.06% | < ₹1 Crore | 0.0000% | — | 0.19% | −0.16 | #9577 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +75.00% | 0.12% | < ₹1 Crore | 0.0000% | +40.00% | 0.29% | −0.21 | #9335 | | FY 2020-21 | < ₹1 Crore | 0.0000% | +357.14% | 0.57% | < ₹1 Crore | 0.0000% | +117.86% | 0.84% | −0.29 | #8563 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −90.63% | 0.04% | < ₹1 Crore | 0.0000% | −22.95% | 0.48% | −0.44 | #9964 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +266.67% | 0.15% | 1.08 | 0.0000% | +129.79% | 0.96% | −0.97 | #9591 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −36.36% | 0.11% | < ₹1 Crore | 0.0000% | −25.93% | 0.79% | −0.73 | #9929 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +14.29% | 0.14% | < ₹1 Crore | 0.0000% | −10.00% | 0.66% | −0.64 | #9843 | - CAGR (7-year): exports 12.25%/yr, imports 23.80%/yr (consistently Deficit) ## Key trade insights: HSN Code 59100060 export-import analysis ### Consistent export growth: 12.25% CAGR over 7 years India's exports under HSN Code 59100060 have grown at a compound annual rate of 12.25% over 7 fiscal years, rising from ₹0.04 Crore in FY 2018-19 to ₹0.08 Crore in FY 2024-25. ### HSN Code 59100060 ranked #9843 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 59100060 ranks #9843 out of 12657 HSN codes by total export value. Within Sub-Chapter 5910, it ranks #6 of 7. By trade surplus, it ranks #7766 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 59100060 exports The strongest single-year export movement for HSN Code 59100060 was recorded in FY 2020-21, when exports surged by 357.14% over the prior year. ### India records a trade deficit of ₹0.64 Crore in HSN Code 59100060 goods In FY 2024-25, India's imports of ₹0.72 Cr exceeded exports of ₹0.08 Cr, resulting in a trade deficit of ₹0.64 Crore — ranking #7766 of 12657 by surplus magnitude. ### Import growth of 23.80% CAGR signals rising demand for Fibre Belt Conveyor India's imports under HSN Code 59100060 have grown at 23.80% CAGR, reaching ₹0.72 Crore in FY 2024-25. ### HSN Code 59100060 contributes 0.14% of Sub-Chapter 5910 exports — ranked #6 Among the 7 HSN codes under Sub-Chapter 5910, HSN Code 59100060 ranks #6 by export value — accounting for 0.14% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.66% share (rank #4). ## Related HSN Codes in Sub-Chapter 5910 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 59100090: Other Textile Conveyor Belts](https://busy.in/hsn/hsn-59100090/) | ₹48 Cr | | #2 | [HSN Code 59100010: Cotton Canvas Belting](https://busy.in/hsn/hsn-59100010/) | ₹3 Cr | | #3 | [HSN Code 59100040: Hair Belting](https://busy.in/hsn/hsn-59100040/) | ₹2 Cr | | #4 | [HSN Code 59100030: Cotton Conveyor/Elevator Belts](https://busy.in/hsn/hsn-59100030/) | ₹2 Cr | | #5 | [HSN Code 59100020: Rubberised Cotton Belting](https://busy.in/hsn/hsn-59100020/) | < ₹1 Crore | | #6 | HSN Code 59100060: Fibre Belt Conveyor (this hsn code) | < ₹1 Crore | | — | [HSN Code 59100050: Flax Canvas Belting](https://busy.in/hsn/hsn-59100050/) | Nil |