HSN Code 61023020 represents Of man-made fibres : Of artificial fibres under GST classification. This code helps businesses identify Of man-made fibres : Of artificial fibres correctly for billing, taxation, and trade. With HSN Code 61023020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of man-made fibres : Of artificial fibres.
Join our guided walkthrough to see how BUSY can transform your business operations.
HSN Code 61023020 relates to the following description.
Articles of apparel and clothing accessories, knitted or crocheted
Women’s or girls’ overcoats, car-coats, capes, cloaks, anoraks (including skijackets), wind-cheaters, windjackets and similar articles, knitted or crocheted, other than those of heading 6104
Of man-made fibres : Of artificial fibres (sale value not exceeding Rs. 1000 per piece)
2.5%
2.5%
5%
0%
Articles of apparel and clothing accessories, knitted or crocheted
Women’s or girls’ overcoats, car-coats, capes, cloaks, anoraks (including skijackets), wind-cheaters, windjackets and similar articles, knitted or crocheted, other than those of heading 6104
Of man-made fibres : Of artificial fibres
6%
6%
12%
0%
Description of Goods
Of man-made fibres : Of artificial fibres (sale value not exceeding Rs. 1000 per piece)
Chapter
61 - Articles of apparel and clothing accessories, knitted or crocheted
Sub Chapter
6102 - Women’s or girls’ overcoats, car-coats, capes, cloaks, anoraks (including skijackets), wind-cheaters, windjackets and similar articles, knitted or crocheted, other than those of heading 6104
CGST
2.5%
SGST
2.5%
IGST
5%
CESS
0%
Description of Goods
Of man-made fibres : Of artificial fibres
Chapter
61 - Articles of apparel and clothing accessories, knitted or crocheted
Sub Chapter
6102 - Women’s or girls’ overcoats, car-coats, capes, cloaks, anoraks (including skijackets), wind-cheaters, windjackets and similar articles, knitted or crocheted, other than those of heading 6104
CGST
6%
SGST
6%
IGST
12%
CESS
0%
Of man-made fibres : Of artificial fibres does not include products with the following descriptions.
Of wool or fine animal hair (sale value not exceeding Rs. 1000 per piece)
Of wool or fine animal hair
Of cotton (sale value not exceeding Rs. 1000 per piece)
Of cotton
Of man-made fibres : Of synthetic fibres (sale value not exceeding Rs. 1000 per piece)
Of man-made fibres : Of synthetic fibres
Other : Of silk (sale value not exceeding Rs. 1000 per piece)
Other : Of silk
Other : Other (sale value not exceeding Rs. 1000 per piece)
Other : Other
Of wool or fine animal hair (sale value not exceeding Rs. 1000 per piece)
Of wool or fine animal hair
Of cotton (sale value not exceeding Rs. 1000 per piece)
Of cotton
Of man-made fibres : Of synthetic fibres (sale value not exceeding Rs. 1000 per piece)
Of man-made fibres : Of synthetic fibres
Other : Of silk (sale value not exceeding Rs. 1000 per piece)
Other : Of silk
Other : Other (sale value not exceeding Rs. 1000 per piece)
Other : Other
India’s Exports
FY 2024-25₹2 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25₹3 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25−₹1 Cr
Surplus rank #7976 of 12657 HSN codes
% of Sub-Chapter 6102
FY 2024-252.44%
Share of Sub-Chapter 6102’s total exports in FY 2024-25
Import side: 3.73% of Sub-Chapter 6102’s imports
Rank Within Sub-Chapter 6102
FY 2024-25#4 of 6
Position by export value among HSN codes in Sub-Chapter 6102
Import-side rank: #4 of 6
At a glance
17.03%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#7588
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+300.00%
Peak Growth Year
FY 2020-21 · strongest single-year move
2.44%
Contribution to Sub-Ch. 6102
Share of Sub-Chapter 6102 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−0.27
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
1.89% of Sub-Ch. 6102
Imports
1.06 ₹ Cr
0.0000% share
— YoY
5.05% of Sub-Ch. 6102
Balance
−1.19
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−67.09% YoY
0.55% of Sub-Ch. 6102
Imports
1.45 ₹ Cr
0.0000% share
+36.79% YoY
4.16% of Sub-Ch. 6102
Balance
−0.24
Exports
1.04 ₹ Cr
0.0000% share
+300.00% YoY
1.64% of Sub-Ch. 6102
Imports
1.28 ₹ Cr
0.0000% share
−11.72% YoY
3.55% of Sub-Ch. 6102
Balance
+0.42
Exports
1.65 ₹ Cr
0.0001% share
+58.65% YoY
2.89% of Sub-Ch. 6102
Imports
1.23 ₹ Cr
0.0000% share
−3.91% YoY
2.55% of Sub-Ch. 6102
Balance
+0.95
Exports
2.47 ₹ Cr
0.0001% share
+49.70% YoY
2.87% of Sub-Ch. 6102
Imports
1.52 ₹ Cr
0.0000% share
+23.58% YoY
2.27% of Sub-Ch. 6102
Balance
−1.02
Exports
1.90 ₹ Cr
0.0001% share
−23.08% YoY
3.65% of Sub-Ch. 6102
Imports
2.92 ₹ Cr
0.0001% share
+92.11% YoY
4.44% of Sub-Ch. 6102
Balance
−1.18
Exports
2.03 ₹ Cr
0.0001% share
+6.84% YoY
2.44% of Sub-Ch. 6102
Imports
3.21 ₹ Cr
0.0001% share
+9.93% YoY
3.73% of Sub-Ch. 6102
CAGR · 7-Year
Exports
17.03% /yr
Imports
20.28% /yr
India's exports under HSN Code 61023020 have grown at a compound annual rate of 17.03% over 7 fiscal years, rising from ₹0.79 Crore in FY 2018-19 to ₹2.03 Crore in FY 2024-25.
In FY 2024-25, HSN Code 61023020 ranks #7588 out of 12657 HSN codes by total export value. Within Sub-Chapter 6102, it ranks #4 of 6. By trade surplus, it ranks #7976 of 12657.
The strongest single-year export movement for HSN Code 61023020 was recorded in FY 2020-21, when exports surged by 300.00% over the prior year.
In FY 2024-25, India's imports of ₹3.21 Cr exceeded exports of ₹2.03 Cr, resulting in a trade deficit of ₹1.18 Crore — ranking #7976 of 12657 by surplus magnitude.
India's imports under HSN Code 61023020 have grown at 20.28% CAGR, reaching ₹3.21 Crore in FY 2024-25.
Among the 6 HSN codes under Sub-Chapter 6102, HSN Code 61023020 ranks #4 by export value — accounting for 2.44% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.73% share (rank #4).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 61023020 and GST compliance.
It includes Suits : Of silk
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of man-made fibres : Of artificial fibres; Nil for exempt items if applicable).
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Under HSN 61023020, Of man-made fibres : Of artificial fibres attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
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.