--- title: "HSN Code for Of Wool Or Fine Animal Hair | HSN 60061000 GST Rate" description: "Find HSN and GST Rates for 60061000 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-60061000/" --- # HSN Code 60061000: 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 6006: Knitted or crocheted fabrics](https://busy.in/hsn/sub-chapter-6006/) ## 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 60061000 ? It includes Cotton – Yarns of different colours ### 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. ### How much GST applies to Of Wool Or Fine Animal Hair? Under HSN 60061000, Of Wool Or Fine Animal Hair attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### 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. ### 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). ### 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 60061000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹1 Cr (−26.76% YoY) — 0.0000% of India's total exports - Imports: ₹3 Cr (+132.62% YoY) — 0.0001% of India's total imports - Trade balance: −₹2 Cr (Deficit); surplus rank #8224 of 12657 HSN codes - Share of Sub-Chapter 6006: 0.03% of its exports; import side 0.09% - Rank within Sub-Chapter 6006: #12 of 14 by export value; import-side #14 ### Key metrics - Export CAGR: -0.63% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #8214 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +167.92% in FY 2023-24 - Contribution to Sub-Ch. 6006: 0.03% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 60061000 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. 6006 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 6006 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 1.08 | 0.0000% | — | 0.05% | 1.12 | 0.0000% | — | 0.05% | −0.04 | #7556 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −11.11% | 0.05% | < ₹1 Crore | 0.0000% | −30.36% | 0.03% | +0.18 | #7650 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −30.21% | 0.03% | 1.50 | 0.0001% | +92.31% | 0.06% | −0.83 | #7997 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −28.36% | 0.01% | 9.75 | 0.0002% | +550.00% | 0.32% | −9.27 | #8606 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +10.42% | 0.02% | 1.06 | 0.0000% | −89.13% | 0.03% | −0.53 | #8633 | | FY 2023-24 | 1.42 | 0.0000% | +167.92% | 0.05% | 1.41 | 0.0000% | +33.02% | 0.04% | +0.01 | #7910 | | FY 2024-25 | 1.04 | 0.0000% | −26.76% | 0.03% | 3.28 | 0.0001% | +132.62% | 0.09% | −2.24 | #8214 | - CAGR (7-year): exports -0.63%/yr, imports 19.61%/yr (consistently Deficit) ## Key trade insights: HSN Code 60061000 export-import analysis ### Export decline: -0.63% CAGR over 7 years India's exports under HSN Code 60061000 have declined at a compound annual rate of -0.63% over 7 fiscal years, falling from ₹1.08 Crore in FY 2018-19 to ₹1.04 Crore in FY 2024-25. ### HSN Code 60061000 ranked #8214 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 60061000 ranks #8214 out of 12657 HSN codes by total export value. Within Sub-Chapter 6006, it ranks #12 of 14. By trade surplus, it ranks #8224 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 60061000 exports The strongest single-year export movement for HSN Code 60061000 was recorded in FY 2023-24, when exports surged by 167.92% over the prior year. ### India records a trade deficit of ₹2.24 Crore in HSN Code 60061000 goods In FY 2024-25, India's imports of ₹3.28 Cr exceeded exports of ₹1.04 Cr, resulting in a trade deficit of ₹2.24 Crore — ranking #8224 of 12657 by surplus magnitude. ### Import growth of 19.61% CAGR signals rising demand for Of Wool Or Fine Animal Hair India's imports under HSN Code 60061000 have grown at 19.61% CAGR, reaching ₹3.28 Crore in FY 2024-25. ### HSN Code 60061000 contributes 0.03% of Sub-Chapter 6006 exports — ranked #12 Among the 14 HSN codes under Sub-Chapter 6006, HSN Code 60061000 ranks #12 by export value — accounting for 0.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.09% share (rank #14). ## Related HSN Codes in Sub-Chapter 6006 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 60062200: Other knitted or crocheted fabrics: Of Cotton \| Dyed](https://busy.in/hsn/hsn-60062200/) | ₹1,467 Cr | | #2 | [HSN Code 60062100: Of Cotton \| Unbleached Or Bleached](https://busy.in/hsn/hsn-60062100/) | ₹791 Cr | | #3 | [HSN Code 60069000: Of Artificial Fibres \| Other](https://busy.in/hsn/hsn-60069000/) | ₹512 Cr | | #4 | [HSN Code 60062400: Of Cotton \| Printed](https://busy.in/hsn/hsn-60062400/) | ₹425 Cr | | #5 | [HSN Code 60063200: Of Synthetic Fibres \| Dyed](https://busy.in/hsn/hsn-60063200/) | ₹166 Cr | | #6 | [HSN Code 60062300: Cotton – Yarns of different colours](https://busy.in/hsn/hsn-60062300/) | ₹60 Cr | | #7 | [HSN Code 60063100: Of synthetic fibres : Unbleached or bleached](https://busy.in/hsn/hsn-60063100/) | ₹28 Cr | | #8 | [HSN Code 60063300: Yarn of different colors](https://busy.in/hsn/hsn-60063300/) | ₹23 Cr | | #9 | [HSN Code 60064100: Of artificial fibres : Unbleached or bleached](https://busy.in/hsn/hsn-60064100/) | ₹13 Cr | | #10 | [HSN Code 60063400: Of Synthetic Fibres \| Printed](https://busy.in/hsn/hsn-60063400/) | ₹7 Cr | | #12 | HSN Code 60061000: Of Wool Or Fine Animal Hair (this hsn code) | ₹1 Cr |