HSN Code 60052300: Of cotton : Of yarns of different colours

HSN Code 60052300 represents Of cotton : Of yarns of different colours under GST classification. This code helps businesses identify Of cotton : Of yarns of different colours correctly for billing, taxation, and trade. With HSN Code 60052300, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of cotton : Of yarns of different colours.

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Description of Goods for HSN Code 60052300

HSN Code 60052300 relates to the following description.

Description of Goods

Of cotton : Of yarns of different colours

Chapter

60 - Knitted or crocheted fabrics

Sub Chapter

6005 - Warp knit fabrics (including those made on galloon knitting machines), other than those of headings 6001 to 6004

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 60052300 not include?

Of cotton : Of yarns of different colours does not include products with the following descriptions.

HSN Code 60051000

Warp knit fabrics (including those made on galloon knitting machines), other than those of headings 6001 to 6004 - of wool or fine animal hair

HSN Code 60053100

Warp knit fabrics (including those made on galloon knitting machines), other than those of headings 6001 to 6004 - of synthetic fibres :unbleached or bleached

HSN Code 60053200

Warp knit fabrics (including those made on galloon knitting machines), other than those of headings 6001 to 6004 - of synthetic fibres :dyed

HSN Code 60053300

Warp knit fabrics (including those made on galloon knitting machines), other than those of headings 6001 to 6004 - of synthetic fibres : of yarns of different colours

HSN Code 60053400

Warp knit fabrics (including those made on galloon knitting machines), other than those of headings 6001 to 6004 - of synthetic fibres :printed

HSN Code 60053500

Of synthetic fibres : Fabrics specified in Sub-heading Note 1 to this Chapter

India’s Trade Performance — HSN Code 60052300 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

< ₹1 Crore

−67.44% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−63.64% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #5250 of 12657 HSN codes

% of Sub-Chapter 6005

FY 2024-25

0.07%

Share of Sub-Chapter 6005’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 6005’s imports

Rank Within Sub-Chapter 6005

FY 2024-25

#13 of 21

Position by export value among HSN codes in Sub-Chapter 6005

Import-side rank: #14 of 21

At a glance

18.72%

Export CAGR

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

#9607

National Export Rank

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

+2,233.33%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.07%

Contribution to Sub-Ch. 6005

Share of Sub-Chapter 6005 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 60052300

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 #9496

Balance

−0.12

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.07% of Sub-Ch. 6005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.02% of Sub-Ch. 6005

FY 2019-20 Exp. Rank #9717

Balance

+0.02

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−60.00% YoY

0.03% of Sub-Ch. 6005

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 6005

FY 2020-21 Exp. Rank #9719

Balance

−0.20

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+50.00% YoY

0.03% of Sub-Ch. 6005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.05% of Sub-Ch. 6005

FY 2021-22 Exp. Rank #8310

Balance

+0.50

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+2,233.33% YoY

0.47% of Sub-Ch. 6005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−13.04% YoY

0.03% of Sub-Ch. 6005

FY 2022-23 Exp. Rank #7398

Balance

+0.01

Exports

2.08 ₹ Cr

0.0001% share

+197.14% YoY

1.28% of Sub-Ch. 6005

Imports

2.07 ₹ Cr

0.0000% share

+935.00% YoY

0.25% of Sub-Ch. 6005

FY 2023-24 Exp. Rank #8919

Balance

+0.32

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−79.33% YoY

0.23% of Sub-Ch. 6005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−94.69% YoY

0.01% of Sub-Ch. 6005

FY 2024-25 Exp. Rank #9607

Balance

+0.10

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−67.44% YoY

0.07% of Sub-Ch. 6005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−63.64% YoY

0.00% of Sub-Ch. 6005

CAGR · 7-Year

Exports

18.72% /yr

Imports

−21.43% /yr

Consistently Surplus
Sub-Chapter 6005 total

reference, FY 2024-25

Export

₹197.66 Cr

Import

₹1,127.48 Cr

Trade Balance

−929.82

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

Key Trade Insights: HSN Code 60052300 Export-Import Analysis

Consistent Export Growth: 18.72% CAGR Over 7 Years

India's exports under HSN Code 60052300 have grown at a compound annual rate of 18.72% over 7 fiscal years, rising from ₹0.05 Crore in FY 2018-19 to ₹0.14 Crore in FY 2024-25.

HSN Code 60052300 Ranked #9607 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 60052300 ranks #9607 out of 12657 HSN codes by total export value. Within Sub-Chapter 6005, it ranks #13 of 21. By trade surplus, it ranks #5250 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 60052300 Exports

The strongest single-year export movement for HSN Code 60052300 was recorded in FY 2021-22, when exports surged by 2,233.33% over the prior year.

India Maintains a Trade Surplus of ₹0.10 Crore in HSN Code 60052300 Goods

In FY 2024-25, India's exports of ₹0.14 Cr exceeded imports of ₹0.04 Cr, resulting in a trade surplus of ₹0.10 Crore — ranking #5250 of 12657 by surplus magnitude.

Import Growth of −21.43% CAGR Signals Stable Import Dependency for Of cotton : Of yarns of different colours

India's imports under HSN Code 60052300 have grown at −21.43% CAGR, reaching ₹0.04 Crore in FY 2024-25.

HSN Code 60052300 Contributes 0.07% of Sub-Chapter 6005 Exports — Ranked #13

Among the 21 HSN codes under Sub-Chapter 6005, HSN Code 60052300 ranks #13 by export value — accounting for 0.07% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #14).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 60052300 and GST compliance.

What products are classified under HSN 60052300 ?

It includes Synthetic fibers

Do e‑way bill and e‑invoice apply for Of cotton : Of yarns of different colours?

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 Of cotton : Of yarns of different colours?

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 Of cotton : Of yarns of different colours?

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 Of cotton : Of yarns of different colours is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of cotton : Of yarns of different colours; Nil for exempt items if applicable).

Any common misclassification issue with Of cotton : Of yarns of different colours?

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.