---
title: "HSN Code for Looped pile fabrics : Of other textile materials | HSN 60012900 GST Rate"
description: "Find HSN and GST Rates for 60012900 related to Looped pile fabrics : Of other textile materials with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-60012900/"
---

# HSN Code 60012900: Looped pile fabrics : Of other textile materials

- [Section 11: Guide to HSN Section 11](https://busy.in/hsn/section-11/)
- [Chapter 60: Knitted/Crocheted Fabrics](https://busy.in/hsn/chapter-60/)
- [Sub-chapter 6001: Knitted pile fabrics & terry fabrics](https://busy.in/hsn/sub-chapter-6001/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Looped pile fabrics : Of other textile materials | 2.5% | 2.5% | 5% | 0% |

## Frequently asked questions

### What products are classified under HSN 60012900 ?

It includes Textile materials: Wool or fine animal hair

### Do e‑way bill and e‑invoice apply for Looped pile fabrics : Of other textile materials?

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 Looped pile fabrics : Of other textile materials?

Under HSN 60012900, Looped pile fabrics : Of other textile materials attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Does packaging or labelling change the GST for Looped pile fabrics : Of other textile materials?

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.

### How should mixed supplies be billed when Looped pile fabrics : Of other textile materials is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Looped pile fabrics : Of other textile materials; Nil for exempt items if applicable).

### Can we claim ITC on inputs used to trade Looped pile fabrics : Of other textile materials?

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

## India's trade performance: HSN Code 60012900 (FY 2024-25)

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

- Exports: ₹1 Cr (+148.89% YoY) — 0.0000% of India's total exports
- Imports: ₹3 Cr (+408.00% YoY) — 0.0000% of India's total imports
- Trade balance: −₹1 Cr (Deficit); surplus rank #8037 of 12657 HSN codes
- Share of Sub-Chapter 6001: 0.97% of its exports; import side 0.16%
- Rank within Sub-Chapter 6001: #8 of 10 by export value; import-side #8

### Key metrics

- Export CAGR: -40.85% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #8155 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +178.38% in FY 2021-22
- Contribution to Sub-Ch. 6001: 0.97% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 60012900

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. 6001 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 6001 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 26.14 | 0.0011% | — | 22.33% | 1.62 | 0.0000% | — | 0.52% | +24.52 | #3748 |
| FY 2019-20 | 23.13 | 0.0011% | −11.51% | 20.03% | < ₹1 Crore | 0.0000% | −54.32% | 0.21% | +22.39 | #3921 |
| FY 2020-21 | 7.03 | 0.0003% | −69.61% | 6.09% | 2.03 | 0.0001% | +174.32% | 0.65% | +5.00 | #5508 |
| FY 2021-22 | 19.57 | 0.0006% | +178.38% | 4.28% | < ₹1 Crore | 0.0000% | −55.17% | 0.18% | +18.66 | #4634 |
| FY 2022-23 | 8.76 | 0.0002% | −55.24% | 3.33% | 1.20 | 0.0000% | +31.87% | 0.17% | +7.56 | #5804 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | −94.86% | 0.51% | < ₹1 Crore | 0.0000% | −58.33% | 0.07% | −0.05 | #8881 |
| FY 2024-25 | 1.12 | 0.0000% | +148.89% | 0.97% | 2.54 | 0.0000% | +408.00% | 0.16% | −1.42 | #8155 |

- CAGR (7-year): exports -40.85%/yr, imports 7.78%/yr (consistently Deficit)

## Key trade insights: HSN Code 60012900 export-import analysis

### Export decline: -40.85% CAGR over 7 years

India's exports under HSN Code 60012900 have declined at a compound annual rate of -40.85% over 7 fiscal years, falling from ₹26.14 Crore in FY 2018-19 to ₹1.12 Crore in FY 2024-25.

### HSN Code 60012900 ranked #8155 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 60012900 ranks #8155 out of 12657 HSN codes by total export value. Within Sub-Chapter 6001, it ranks #8 of 10. By trade surplus, it ranks #8037 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 60012900 exports

The strongest single-year export movement for HSN Code 60012900 was recorded in FY 2021-22, when exports surged by 178.38% over the prior year.

### India records a trade deficit of ₹1.42 Crore in HSN Code 60012900 goods

In FY 2024-25, India's imports of ₹2.54 Cr exceeded exports of ₹1.12 Cr, resulting in a trade deficit of ₹1.42 Crore — ranking #8037 of 12657 by surplus magnitude.

### Import growth of 7.78% CAGR signals stable import dependency for Looped pile fabrics : Of other textile materials

India's imports under HSN Code 60012900 have grown at 7.78% CAGR, reaching ₹2.54 Crore in FY 2024-25.

### HSN Code 60012900 contributes 0.97% of Sub-Chapter 6001 exports — ranked #8

Among the 10 HSN codes under Sub-Chapter 6001, HSN Code 60012900 ranks #8 by export value — accounting for 0.97% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.16% share (rank #8).

## Related HSN Codes in Sub-Chapter 6001

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 60012100: Looped pile fabrics : Of cotton](https://busy.in/hsn/hsn-60012100/) | ₹50 Cr |
| #2 | [HSN Code 60019200: Other \| Of Man-Made Fibres](https://busy.in/hsn/hsn-60019200/) | ₹27 Cr |
| #3 | [HSN Code 60011010: Long pile cotton fabrics](https://busy.in/hsn/hsn-60011010/) | ₹19 Cr |
| #4 | [HSN Code 60012200: Liqueurs And Cordials \| Other](https://busy.in/hsn/hsn-60012200/) | ₹7 Cr |
| #5 | [HSN Code 60011020: Long Pile Man-Made Fibre Fabrics](https://busy.in/hsn/hsn-60011020/) | ₹5 Cr |
| #6 | [HSN Code 60019990: Textile Materials\| Other](https://busy.in/hsn/hsn-60019990/) | ₹4 Cr |
| #7 | [HSN Code 60019100: Other : Of cotton](https://busy.in/hsn/hsn-60019100/) | ₹2 Cr |
| #8 | HSN Code 60012900: Looped pile fabrics : Of other textile materials (this hsn code) | ₹1 Cr |
| #9 | [HSN Code 60011090: Long Pile Fabrics Of Other Materials](https://busy.in/hsn/hsn-60011090/) | ₹1 Cr |
| #10 | [HSN Code 60019910: Textile materials: Wool or fine animal hair](https://busy.in/hsn/hsn-60019910/) | < ₹1 Crore |