HSN Code 60063100: Of synthetic fibres : Unbleached or bleached

HSN Code 60063100 represents Of synthetic fibres : Unbleached or bleached under GST classification. This code helps businesses identify Of synthetic fibres : Unbleached or bleached correctly for billing, taxation, and trade. With HSN Code 60063100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of synthetic fibres : Unbleached or bleached.

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Description of Goods for HSN Code 60063100

HSN Code 60063100 relates to the following description.

Description of Goods

Of synthetic fibres : Unbleached or bleached

Chapter

60 - Knitted or crocheted fabrics

Sub Chapter

6006 - Other knitted or crocheted fabrics

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 60063100 not include?

Of synthetic fibres : Unbleached or bleached does not include products with the following descriptions.

India’s Trade Performance — HSN Code 60063100 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

₹28 Cr

+73.48% vs FY 2023-24

0.0008% of India’s total exports

India’s Imports

FY 2024-25

₹105 Cr

+186.60% vs FY 2023-24

0.0017% of India’s total imports

Trade Balance

FY 2024-25

−₹77 Cr

Trade Deficit

Surplus rank #10586 of 12657 HSN codes

% of Sub-Chapter 6006

FY 2024-25

0.81%

Share of Sub-Chapter 6006’s total exports in FY 2024-25

Import side: 2.98% of Sub-Chapter 6006’s imports

Rank Within Sub-Chapter 6006

FY 2024-25

#7 of 14

Position by export value among HSN codes in Sub-Chapter 6006

Import-side rank: #7 of 14

At a glance

−9.56%

Export CAGR

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

#4406

National Export Rank

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

+141.27%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.81%

Contribution to Sub-Ch. 6006

Share of Sub-Chapter 6006 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 60063100

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 #2797

Balance

+22.07

Exports

52.00 ₹ Cr

0.0023% share

YoY

2.37% of Sub-Ch. 6006

Imports

29.93 ₹ Cr

0.0008% share

YoY

1.32% of Sub-Ch. 6006

FY 2019-20 Exp. Rank #5023

Balance

−2.65

Exports

9.91 ₹ Cr

0.0005% share

−80.94% YoY

0.51% of Sub-Ch. 6006

Imports

12.56 ₹ Cr

0.0004% share

−58.04% YoY

0.52% of Sub-Ch. 6006

FY 2020-21 Exp. Rank #3957

Balance

+3.16

Exports

23.91 ₹ Cr

0.0011% share

+141.27% YoY

0.92% of Sub-Ch. 6006

Imports

20.75 ₹ Cr

0.0007% share

+65.21% YoY

0.89% of Sub-Ch. 6006

FY 2021-22 Exp. Rank #4610

Balance

−8.47

Exports

19.89 ₹ Cr

0.0006% share

−16.81% YoY

0.44% of Sub-Ch. 6006

Imports

28.36 ₹ Cr

0.0006% share

+36.67% YoY

0.94% of Sub-Ch. 6006

FY 2022-23 Exp. Rank #5086

Balance

−16.47

Exports

14.82 ₹ Cr

0.0004% share

−25.49% YoY

0.46% of Sub-Ch. 6006

Imports

31.29 ₹ Cr

0.0005% share

+10.33% YoY

0.89% of Sub-Ch. 6006

FY 2023-24 Exp. Rank #5043

Balance

−20.39

Exports

16.40 ₹ Cr

0.0005% share

+10.66% YoY

0.58% of Sub-Ch. 6006

Imports

36.79 ₹ Cr

0.0007% share

+17.58% YoY

1.02% of Sub-Ch. 6006

FY 2024-25 Exp. Rank #4406

Balance

−76.99

Exports

28.45 ₹ Cr

0.0008% share

+73.48% YoY

0.81% of Sub-Ch. 6006

Imports

105.44 ₹ Cr

0.0017% share

+186.60% YoY

2.98% of Sub-Ch. 6006

CAGR · 7-Year

Exports

−9.56% /yr

Imports

23.35% /yr

Consistently Deficit
Sub-Chapter 6006 total

reference, FY 2024-25

Export

₹3,500.33 Cr

Import

₹3,540.14 Cr

Trade Balance

−39.81

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

Key Trade Insights: HSN Code 60063100 Export-Import Analysis

Export Decline: −9.56% CAGR Over 7 Years

India's exports under HSN Code 60063100 have declined at a compound annual rate of −9.56% over 7 fiscal years, falling from ₹52.00 Crore in FY 2018-19 to ₹28.45 Crore in FY 2024-25.

HSN Code 60063100 Ranked #4406 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 60063100 ranks #4406 out of 12657 HSN codes by total export value. Within Sub-Chapter 6006, it ranks #7 of 14. By trade surplus, it ranks #10586 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 60063100 Exports

The strongest single-year export movement for HSN Code 60063100 was recorded in FY 2020-21, when exports surged by 141.27% over the prior year.

India Records a Trade Deficit of ₹76.99 Crore in HSN Code 60063100 Goods

In FY 2024-25, India's imports of ₹105.44 Cr exceeded exports of ₹28.45 Cr, resulting in a trade deficit of ₹76.99 Crore — ranking #10586 of 12657 by surplus magnitude.

Import Growth of 23.35% CAGR Signals Rising Demand for Of synthetic fibres : Unbleached or bleached

India's imports under HSN Code 60063100 have grown at 23.35% CAGR, reaching ₹105.44 Crore in FY 2024-25.

HSN Code 60063100 Contributes 0.81% of Sub-Chapter 6006 Exports — Ranked #7

Among the 14 HSN codes under Sub-Chapter 6006, HSN Code 60063100 ranks #7 by export value — accounting for 0.81% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.98% share (rank #7).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 60063100 and GST compliance.

What products are classified under HSN 60063100 ?

It includes Of Synthetic Fibres | Printed

Can we claim ITC on inputs used to trade Of synthetic fibres : Unbleached or bleached?

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 synthetic fibres : Unbleached or bleached?

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 much GST applies to Of synthetic fibres : Unbleached or bleached?

Under HSN 60063100, Of synthetic fibres : Unbleached or bleached attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Of synthetic fibres : Unbleached or bleached?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

How should mixed supplies be billed when Of synthetic fibres : Unbleached or bleached is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of synthetic fibres : Unbleached or bleached; Nil for exempt items if applicable).

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.