HSN Code 60041000 represents Knitted or crocheted fabrics under GST classification. This code helps businesses identify Knitted or crocheted fabrics correctly for billing, taxation, and trade. With HSN Code 60041000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Knitted or crocheted fabrics.
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HSN Code 60041000 relates to the following description.
Description of Goods
Containing by weight 5% or more of elastomeric yarn but not containing rubber thread
Chapter
60 - Knitted or crocheted fabrics
Sub Chapter
6004 - Knitted or crocheted fabrics of a width exceeding 30 cm, containing by weight 5% or more of elastomeric yarn or rubber thread, other than those of heading 6001
CGST
2.5%
SGST
2.5%
IGST
5%
CESS
0%
Knitted or crocheted fabrics does not include products with the following descriptions.
Other
Other
India’s Exports
FY 2024-25₹1,070 Cr
0.0291% of India’s total exports
India’s Imports
FY 2024-25₹874 Cr
0.0144% of India’s total imports
Trade Balance
FY 2024-25₹196 Cr
Surplus rank #1161 of 12657 HSN codes
% of Sub-Chapter 6004
FY 2024-2595.57%
Share of Sub-Chapter 6004’s total exports in FY 2024-25
Import side: 70.89% of Sub-Chapter 6004’s imports
Rank Within Sub-Chapter 6004
FY 2024-25#1 of 2
Position by export value among HSN codes in Sub-Chapter 6004
Import-side rank: #1 of 2
At a glance
9.68%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#493
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+63.59%
Peak Growth Year
FY 2021-22 · strongest single-year move
95.57%
Contribution to Sub-Ch. 6004
Share of Sub-Chapter 6004 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+124.38
Exports
614.49 ₹ Cr
0.0269% share
— YoY
96.63% of Sub-Ch. 6004
Imports
490.11 ₹ Cr
0.0137% share
— YoY
75.57% of Sub-Ch. 6004
Balance
+402.69
Exports
778.98 ₹ Cr
0.0354% share
+26.77% YoY
95.05% of Sub-Ch. 6004
Imports
376.29 ₹ Cr
0.0112% share
−23.22% YoY
81.24% of Sub-Ch. 6004
Balance
+339.86
Exports
675.07 ₹ Cr
0.0314% share
−13.34% YoY
94.15% of Sub-Ch. 6004
Imports
335.21 ₹ Cr
0.0115% share
−10.92% YoY
83.22% of Sub-Ch. 6004
Balance
+525.60
Exports
1,104.33 ₹ Cr
0.0352% share
+63.59% YoY
96.13% of Sub-Ch. 6004
Imports
578.73 ₹ Cr
0.0127% share
+72.65% YoY
81.80% of Sub-Ch. 6004
Balance
+7.40
Exports
854.06 ₹ Cr
0.0236% share
−22.66% YoY
92.86% of Sub-Ch. 6004
Imports
846.66 ₹ Cr
0.0147% share
+46.30% YoY
86.26% of Sub-Ch. 6004
Balance
+29.47
Exports
684.06 ₹ Cr
0.0189% share
−19.90% YoY
90.12% of Sub-Ch. 6004
Imports
654.59 ₹ Cr
0.0117% share
−22.69% YoY
83.45% of Sub-Ch. 6004
Balance
+195.54
Exports
1,069.92 ₹ Cr
0.0291% share
+56.41% YoY
95.57% of Sub-Ch. 6004
Imports
874.38 ₹ Cr
0.0144% share
+33.58% YoY
70.89% of Sub-Ch. 6004
CAGR · 7-Year
Exports
9.68% /yr
Imports
10.13% /yr
reference, FY 2024-25
Export
₹1,119.47 Cr
Import
₹1,233.48 Cr
Trade Balance
−114.01
India's exports under HSN Code 60041000 have grown at a compound annual rate of 9.68% over 7 fiscal years, rising from ₹614.49 Crore in FY 2018-19 to ₹1,069.92 Crore in FY 2024-25.
In FY 2024-25, HSN Code 60041000 ranks #493 out of 12657 HSN codes by total export value. Within Sub-Chapter 6004, it ranks #1 of 2. By trade surplus, it ranks #1161 of 12657.
The strongest single-year export movement for HSN Code 60041000 was recorded in FY 2021-22, when exports surged by 63.59% over the prior year.
In FY 2024-25, India's exports of ₹1,069.92 Cr exceeded imports of ₹874.38 Cr, resulting in a trade surplus of ₹195.54 Crore — ranking #1161 of 12657 by surplus magnitude.
India's imports under HSN Code 60041000 have grown at 10.13% CAGR, reaching ₹874.38 Crore in FY 2024-25.
Among the 2 HSN codes under Sub-Chapter 6004, HSN Code 60041000 ranks #1 by export value — accounting for 95.57% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 70.89% share (rank #1).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 60041000 and GST compliance.
It includes Warp knit fabrics: Of Cotton | Dyed
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Knitted or crocheted fabrics; Nil for exempt items if applicable).