HSN Code 60063300: Yarn of different colors

HSN Code 60063300 represents Yarn of different colors under GST classification. This code helps businesses identify Yarn of different colors correctly for billing, taxation, and trade. With HSN Code 60063300, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Yarn of different colors.

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Description of Goods for HSN Code 60063300

HSN Code 60063300 relates to the following description.

Description of Goods

Of synthetic fibres : Of yarns of different colours

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 60063300 not include?

Yarn of different colors does not include products with the following descriptions.

India’s Trade Performance — HSN Code 60063300 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

₹23 Cr

+88.06% vs FY 2023-24

0.0006% of India’s total exports

India’s Imports

FY 2024-25

₹75 Cr

+91.13% vs FY 2023-24

0.0012% of India’s total imports

Trade Balance

FY 2024-25

−₹52 Cr

Trade Deficit

Surplus rank #10282 of 12657 HSN codes

% of Sub-Chapter 6006

FY 2024-25

0.67%

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

Import side: 2.13% of Sub-Chapter 6006’s imports

Rank Within Sub-Chapter 6006

FY 2024-25

#8 of 14

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

Import-side rank: #8 of 14

At a glance

39.31%

Export CAGR

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

#4661

National Export Rank

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

+236.98%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.67%

Contribution to Sub-Ch. 6006

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

India Export-Import Trade Statistics for HSN Code 60063300

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 #6394

Balance

−36.33

Exports

3.19 ₹ Cr

0.0001% share

YoY

0.15% of Sub-Ch. 6006

Imports

39.52 ₹ Cr

0.0011% share

YoY

1.74% of Sub-Ch. 6006

FY 2019-20 Exp. Rank #6896

Balance

−44.21

Exports

2.06 ₹ Cr

0.0001% share

−35.42% YoY

0.11% of Sub-Ch. 6006

Imports

46.27 ₹ Cr

0.0014% share

+17.08% YoY

1.90% of Sub-Ch. 6006

FY 2020-21 Exp. Rank #7566

Balance

−23.60

Exports

1.12 ₹ Cr

0.0001% share

−45.63% YoY

0.04% of Sub-Ch. 6006

Imports

24.72 ₹ Cr

0.0008% share

−46.57% YoY

1.06% of Sub-Ch. 6006

FY 2021-22 Exp. Rank #7024

Balance

−28.03

Exports

2.65 ₹ Cr

0.0001% share

+136.61% YoY

0.06% of Sub-Ch. 6006

Imports

30.68 ₹ Cr

0.0007% share

+24.11% YoY

1.02% of Sub-Ch. 6006

FY 2022-23 Exp. Rank #5782

Balance

−13.91

Exports

8.93 ₹ Cr

0.0002% share

+236.98% YoY

0.28% of Sub-Ch. 6006

Imports

22.84 ₹ Cr

0.0004% share

−25.55% YoY

0.65% of Sub-Ch. 6006

FY 2023-24 Exp. Rank #5431

Balance

−27.05

Exports

12.40 ₹ Cr

0.0003% share

+38.86% YoY

0.44% of Sub-Ch. 6006

Imports

39.45 ₹ Cr

0.0007% share

+72.72% YoY

1.09% of Sub-Ch. 6006

FY 2024-25 Exp. Rank #4661

Balance

−52.08

Exports

23.32 ₹ Cr

0.0006% share

+88.06% YoY

0.67% of Sub-Ch. 6006

Imports

75.40 ₹ Cr

0.0012% share

+91.13% YoY

2.13% of Sub-Ch. 6006

CAGR · 7-Year

Exports

39.31% /yr

Imports

11.37% /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 60063300 Export-Import Analysis

Consistent Export Growth: 39.31% CAGR Over 7 Years

India's exports under HSN Code 60063300 have grown at a compound annual rate of 39.31% over 7 fiscal years, rising from ₹3.19 Crore in FY 2018-19 to ₹23.32 Crore in FY 2024-25.

HSN Code 60063300 Ranked #4661 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 60063300 ranks #4661 out of 12657 HSN codes by total export value. Within Sub-Chapter 6006, it ranks #8 of 14. By trade surplus, it ranks #10282 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 60063300 Exports

The strongest single-year export movement for HSN Code 60063300 was recorded in FY 2022-23, when exports surged by 236.98% over the prior year.

India Records a Trade Deficit of ₹52.08 Crore in HSN Code 60063300 Goods

In FY 2024-25, India's imports of ₹75.40 Cr exceeded exports of ₹23.32 Cr, resulting in a trade deficit of ₹52.08 Crore — ranking #10282 of 12657 by surplus magnitude.

Import Growth of 11.37% CAGR Signals Rising Demand for Yarn of different colors

India's imports under HSN Code 60063300 have grown at 11.37% CAGR, reaching ₹75.40 Crore in FY 2024-25.

HSN Code 60063300 Contributes 0.67% of Sub-Chapter 6006 Exports — Ranked #8

Among the 14 HSN codes under Sub-Chapter 6006, HSN Code 60063300 ranks #8 by export value — accounting for 0.67% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.13% share (rank #8).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 60063300 and GST compliance.

What products are classified under HSN 60063300 ?

It includes Of Artificial Fibres | Dyed

How much GST applies to Yarn of different colors?

Under HSN 60063300, Yarn of different colors attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Yarn of different colors is sold with other items?

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

Can we claim ITC on inputs used to trade Yarn of different colors?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Any common misclassification issue with Yarn of different colors?

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 Yarn of different colors?

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.

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.