--- title: "HSN Code for Warp Knit Fabrics | HSN 60059000 GST Rate" description: "Find HSN and GST Rates for 60059000 related to Warp Knit Fabrics with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-60059000/" --- # HSN Code 60059000: Warp Knit Fabrics - [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 6005: Warp knit fabrics](https://busy.in/hsn/sub-chapter-6005/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 60059000 ? It includes Other knitted or crocheted fabrics: Of Cotton | Dyed ### How should mixed supplies be billed when Warp Knit Fabrics is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Warp Knit Fabrics; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Warp Knit Fabrics? 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. ### Any common misclassification issue with Warp Knit Fabrics? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Does packaging or labelling change the GST for Warp Knit Fabrics? 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 Warp Knit Fabrics? 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 60059000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹64 Cr (+12.55% YoY) — 0.0017% of India's total exports - Imports: ₹17 Cr (−60.10% YoY) — 0.0003% of India's total imports - Trade balance: ₹47 Cr (Surplus); surplus rank #2207 of 12657 HSN codes - Share of Sub-Chapter 6005: 32.57% of its exports; import side 1.50% - Rank within Sub-Chapter 6005: #1 of 21 by export value; import-side #6 ### Key metrics - Export CAGR: 5.28% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3270 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +25.24% in FY 2020-21 - Contribution to Sub-Ch. 6005: 32.57% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 60059000 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. 6005 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 6005 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 47.27 | 0.0021% | — | 69.32% | 158.24 | 0.0044% | — | 21.95% | −110.97 | #2933 | | FY 2019-20 | 47.18 | 0.0021% | −0.19% | 64.47% | 133.08 | 0.0040% | −15.90% | 20.95% | −85.90 | #2960 | | FY 2020-21 | 59.09 | 0.0027% | +25.24% | 60.36% | 30.64 | 0.0011% | −76.98% | 6.23% | +28.45 | #2689 | | FY 2021-22 | 66.63 | 0.0021% | +12.76% | 45.07% | 81.48 | 0.0018% | +165.93% | 10.42% | −14.85 | #2948 | | FY 2022-23 | 48.81 | 0.0013% | −26.74% | 30.03% | 63.19 | 0.0011% | −22.45% | 7.59% | −14.38 | #3509 | | FY 2023-24 | 57.20 | 0.0016% | +17.19% | 31.16% | 42.51 | 0.0008% | −32.73% | 5.02% | +14.69 | #3342 | | FY 2024-25 | 64.38 | 0.0017% | +12.55% | 32.57% | 16.96 | 0.0003% | −60.10% | 1.50% | +47.42 | #3270 | - CAGR (7-year): exports 5.28%/yr, imports -31.08%/yr (consistently Surplus) ## Key trade insights: HSN Code 60059000 export-import analysis ### Consistent export growth: 5.28% CAGR over 7 years India's exports under HSN Code 60059000 have grown at a compound annual rate of 5.28% over 7 fiscal years, rising from ₹47.27 Crore in FY 2018-19 to ₹64.38 Crore in FY 2024-25. ### HSN Code 60059000 ranked #3270 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 60059000 ranks #3270 out of 12657 HSN codes by total export value. Within Sub-Chapter 6005, it ranks #1 of 21. By trade surplus, it ranks #2207 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 60059000 exports The strongest single-year export movement for HSN Code 60059000 was recorded in FY 2020-21, when exports surged by 25.24% over the prior year. ### India maintains a trade surplus of ₹47.42 Crore in HSN Code 60059000 goods In FY 2024-25, India's exports of ₹64.38 Cr exceeded imports of ₹16.96 Cr, resulting in a trade surplus of ₹47.42 Crore — ranking #2207 of 12657 by surplus magnitude. ### Import growth of -31.08% CAGR signals stable import dependency for Warp Knit Fabrics India's imports under HSN Code 60059000 have grown at -31.08% CAGR, reaching ₹16.96 Crore in FY 2024-25. ### HSN Code 60059000 contributes 32.57% of Sub-Chapter 6005 exports — ranked #1 Among the 21 HSN codes under Sub-Chapter 6005, HSN Code 60059000 ranks #1 by export value — accounting for 32.57% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.50% share (rank #6). ## Related HSN Codes in Sub-Chapter 6005 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 60059000: Warp Knit Fabrics (this hsn code) | ₹64 Cr | | #2 | [HSN Code 60053900: Of Synthetic Fibres \| Other, Printed](https://busy.in/hsn/hsn-60053900/) | ₹44 Cr | | #3 | [HSN Code 60053790: Of Refined Copper \| Other](https://busy.in/hsn/hsn-60053790/) | ₹40 Cr | | #4 | [HSN Code 60053800: Synthetic fibre yarns](https://busy.in/hsn/hsn-60053800/) | ₹19 Cr | | #5 | [HSN Code 60053710: Of synthetic fibres : Other, Dyed : Shade Nets, conforming to IS 16008](https://busy.in/hsn/hsn-60053710/) | ₹11 Cr | | #6 | [HSN Code 60054200: Of Artificial Fibres \| Dyed](https://busy.in/hsn/hsn-60054200/) | ₹6 Cr | | #7 | [HSN Code 60053600: Synthetic fibers](https://busy.in/hsn/hsn-60053600/) | ₹4 Cr | | #8 | [HSN Code 60052200: Warp knit fabrics: Of Cotton \| Dyed](https://busy.in/hsn/hsn-60052200/) | ₹4 Cr | | #9 | [HSN Code 60052100: Of Cotton \| Unbleached Or Bleached](https://busy.in/hsn/hsn-60052100/) | ₹2 Cr | | #10 | [HSN Code 60052400: Of Cotton \| Printed](https://busy.in/hsn/hsn-60052400/) | < ₹1 Crore |