HSN Code 60064300: Of artificial fibres: Different colours

HSN Code 60064300 represents Of artificial fibres: Different colours under GST classification. This code helps businesses identify Of artificial fibres: Different colours correctly for billing, taxation, and trade. With HSN Code 60064300, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of artificial fibres: Different colours.

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Description of Goods for HSN Code 60064300

HSN Code 60064300 relates to the following description.

Description of Goods

Of artificial 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 60064300 not include?

Of artificial fibres: Different colours does not include products with the following descriptions.

India’s Trade Performance — HSN Code 60064300 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

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹245 Cr

+589.40% vs FY 2023-24

0.0040% of India’s total imports

Trade Balance

FY 2024-25

−₹245 Cr

Trade Deficit

Surplus rank #11458 of 12657 HSN codes

% of Sub-Chapter 6006

FY 2024-25

0.00%

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

Import side: 6.91% of Sub-Chapter 6006’s imports

At a glance

+531.25%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.00%

Contribution to Sub-Ch. 6006

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

India Export-Import Trade Statistics for HSN Code 60064300

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 #9428

Balance

−14.68

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 6006

Imports

14.74 ₹ Cr

0.0004% share

YoY

0.65% of Sub-Ch. 6006

FY 2019-20

Balance

−10.80

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 6006

Imports

10.80 ₹ Cr

0.0003% share

−26.73% YoY

0.44% of Sub-Ch. 6006

FY 2020-21 Exp. Rank #8900

Balance

−4.20

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 6006

Imports

4.39 ₹ Cr

0.0002% share

−59.35% YoY

0.19% of Sub-Ch. 6006

FY 2021-22

Balance

−3.82

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 6006

Imports

3.82 ₹ Cr

0.0001% share

−12.98% YoY

0.13% of Sub-Ch. 6006

FY 2022-23 Exp. Rank #9410

Balance

−44.29

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 6006

Imports

44.45 ₹ Cr

0.0008% share

+1,063.61% YoY

1.26% of Sub-Ch. 6006

FY 2023-24 Exp. Rank #8237

Balance

−34.47

Exports

1.01 ₹ Cr

0.0000% share

+531.25% YoY

0.04% of Sub-Ch. 6006

Imports

35.48 ₹ Cr

0.0006% share

−20.18% YoY

0.98% of Sub-Ch. 6006

FY 2024-25

Balance

−244.60

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 6006

Imports

244.60 ₹ Cr

0.0040% share

+589.40% YoY

6.91% of Sub-Ch. 6006

CAGR · 7-Year

Exports

Imports

59.71% /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 60064300 Export-Import Analysis

Export Snapshot for HSN Code 60064300

India exported ₹0.00 Crore worth of Of artificial fibres: Different colours in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2023-24 Was the Strongest Growth Year for HSN Code 60064300 Exports

The strongest single-year export movement for HSN Code 60064300 was recorded in FY 2023-24, when exports surged by 531.25% over the prior year.

India Records a Trade Deficit of ₹244.60 Crore in HSN Code 60064300 Goods

In FY 2024-25, India's imports of ₹244.60 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹244.60 Crore — ranking #11458 of 12657 by surplus magnitude.

Import Growth of 59.71% CAGR Signals Rising Demand for Of artificial fibres: Different colours

India's imports under HSN Code 60064300 have grown at 59.71% CAGR, reaching ₹244.60 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 60064300 and GST compliance.

What products are classified under HSN 60064300 ?

It includes Men’s or boys’ overcoats: Of Cotton

Any common misclassification issue with Of artificial fibres: 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.

How should mixed supplies be billed when Of artificial fibres: 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 artificial fibres: Different colours; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Of artificial fibres: 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 much GST applies to Of artificial fibres: Different colours?

Under HSN 60064300, Of artificial fibres: Different colours attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Of artificial fibres: 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.

Do e‑way bill and e‑invoice apply for Of artificial fibres: 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.

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.