---
title: "HSN Code for Of wool or fine animal hair | HSN 60031000 GST Rate"
description: "Find HSN and GST Rates for 60031000 related to Of wool or fine animal hair with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-60031000/"
---

# HSN Code 60031000: Of wool or fine animal hair

- [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 6003: Knitted fabrics under 30 cm wide](https://busy.in/hsn/sub-chapter-6003/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Of wool or fine animal hair | 2.5% | 2.5% | 5% | 0% |

## Frequently asked questions

### What products are classified under HSN 60031000 ?

It includes Of Artificial Fibres

### Any common misclassification issue with Of wool or fine animal hair?

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 Of wool or fine animal hair?

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

### Do e‑way bill and e‑invoice apply for Of wool or fine animal hair?

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 should mixed supplies be billed when Of wool or fine animal hair is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of wool or fine animal hair; Nil for exempt items if applicable).

### How much GST applies to Of wool or fine animal hair?

Under HSN 60031000, Of wool or fine animal hair attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Does packaging or labelling change the GST for Of wool or fine animal hair?

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 60031000 (FY 2024-25)

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

- Exports: < ₹1 Crore (−28.57% YoY) — 0.0000% of India's total exports
- Imports: Nil (−100.00% YoY) — 0.0000% of India's total imports
- Trade balance: < ₹1 Crore (Surplus); surplus rank #5380 of 12657 HSN codes
- Share of Sub-Chapter 6003: 0.13% of its exports; import side 0.00%
- Rank within Sub-Chapter 6003: #4 of 5 by export value

### Key metrics

- Export CAGR: -5.45% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #10034 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +133.33% in FY 2023-24
- Contribution to Sub-Ch. 6003: 0.13% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 60031000

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. 6003 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 6003 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.72% | Nil | 0.0000% | — | 0.00% | +0.07 | #9371 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | −71.43% | 0.29% | Nil | 0.0000% | — | 0.00% | +0.02 | #9717 |
| FY 2020-21 | Nil | 0.0000% | −100.00% | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — |
| FY 2021-22 | < ₹1 Crore | 0.0000% | — | 0.19% | Nil | 0.0000% | — | 0.00% | +0.02 | #10058 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | +50.00% | 0.20% | < ₹1 Crore | 0.0000% | — | 0.34% | 0.00 | #10045 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | +133.33% | 0.27% | < ₹1 Crore | 0.0000% | 0.00% | 0.53% | +0.04 | #9929 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | −28.57% | 0.13% | Nil | 0.0000% | −100.00% | 0.00% | +0.05 | #10034 |

- CAGR (7-year): exports -5.45%/yr, imports —/yr (consistently Surplus)

## Key trade insights: HSN Code 60031000 export-import analysis

### Export decline: -5.45% CAGR over 7 years

India's exports under HSN Code 60031000 have declined at a compound annual rate of -5.45% over 7 fiscal years, falling from ₹0.07 Crore in FY 2018-19 to ₹0.05 Crore in FY 2024-25.

### HSN Code 60031000 ranked #10034 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 60031000 ranks #10034 out of 12657 HSN codes by total export value. Within Sub-Chapter 6003, it ranks #4 of 5. By trade surplus, it ranks #5380 of 12657.

### FY 2023-24 was the strongest growth year for HSN Code 60031000 exports

The strongest single-year export movement for HSN Code 60031000 was recorded in FY 2023-24, when exports surged by 133.33% over the prior year.

### India maintains a trade surplus of ₹0.05 Crore in HSN Code 60031000 goods

In FY 2024-25, India's exports of ₹0.05 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.05 Crore — ranking #5380 of 12657 by surplus magnitude.

### HSN Code 60031000 contributes 0.13% of Sub-Chapter 6003 exports — ranked #4

Among the 5 HSN codes under Sub-Chapter 6003, HSN Code 60031000 ranks #4 by export value — accounting for 0.13% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

## Related HSN Codes in Sub-Chapter 6003

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 60032000: Of Cotton](https://busy.in/hsn/hsn-60032000/) | ₹19 Cr |
| #2 | [HSN Code 60039000: Knitted or Crocheted Articles of Other Textile Fibers](https://busy.in/hsn/hsn-60039000/) | ₹17 Cr |
| #3 | [HSN Code 60033000: Of Synthetic Fibres](https://busy.in/hsn/hsn-60033000/) | ₹1 Cr |
| #4 | HSN Code 60031000: Of wool or fine animal hair (this hsn code) | < ₹1 Crore |
| — | [HSN Code 60034000: Of Artificial Fibres](https://busy.in/hsn/hsn-60034000/) | Nil |