--- title: "HSN Code for Suits : Of silk | HSN 61031010 GST Rate" description: "Find HSN and GST Rates for 61031010 related to Suits : Of silk with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-61031010/" --- # HSN Code 61031010: Suits : Of silk - [Section 11: Guide to HSN Section 11](https://busy.in/hsn/section-11/) - [Chapter 61: Knitted Apparel & Clothing Accessories](https://busy.in/hsn/chapter-61/) - [Sub-chapter 6103: Men’s Suits & Jackets](https://busy.in/hsn/sub-chapter-6103/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Suits : Of silk (sale value not exceeding Rs. 1000 per piece) | 2.5% | 2.5% | 5% | 0% | | Suits : Of silk | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 61031010 ? It includes Suits | Other ### Does packaging or labelling change the GST for Suits : Of silk? 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. ### How much GST applies to Suits : Of silk? Under HSN 61031010, Suits : Of silk attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Suits : Of silk is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Suits : Of silk; Nil for exempt items if applicable). ### Any common misclassification issue with Suits : Of silk? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Suits : Of silk? 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 Suits : Of silk? 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. ## India's trade performance: HSN Code 61031010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−37.35% YoY) — 0.0000% of India's total exports - Imports: Nil (−100.00% YoY) — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #4793 of 12657 HSN codes - Share of Sub-Chapter 6103: 0.02% of its exports; import side 0.00% - Rank within Sub-Chapter 6103: #18 of 28 by export value ### Key metrics - Export CAGR: -18.39% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #8795 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +547.62% in FY 2022-23 - Contribution to Sub-Ch. 6103: 0.02% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 61031010 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. 6103 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 6103 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 1.76 | 0.0001% | — | 0.05% | < ₹1 Crore | 0.0000% | — | 0.09% | +1.50 | #7084 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −60.23% | 0.02% | < ₹1 Crore | 0.0000% | −92.31% | 0.01% | +0.68 | #7935 | | FY 2020-21 | Nil | 0.0000% | −100.00% | 0.00% | < ₹1 Crore | 0.0000% | +200.00% | 0.03% | −0.06 | — | | FY 2021-22 | < ₹1 Crore | 0.0000% | — | 0.01% | Nil | 0.0000% | −100.00% | 0.00% | +0.42 | #8700 | | FY 2022-23 | 2.72 | 0.0001% | +547.62% | 0.08% | Nil | 0.0000% | — | 0.00% | +2.72 | #7100 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −69.49% | 0.03% | < ₹1 Crore | 0.0000% | — | 0.01% | +0.80 | #8398 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −37.35% | 0.02% | Nil | 0.0000% | −100.00% | 0.00% | +0.52 | #8795 | - CAGR (7-year): exports -18.39%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 61031010 export-import analysis ### Export decline: -18.39% CAGR over 7 years India's exports under HSN Code 61031010 have declined at a compound annual rate of -18.39% over 7 fiscal years, falling from ₹1.76 Crore in FY 2018-19 to ₹0.52 Crore in FY 2024-25. ### HSN Code 61031010 ranked #8795 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 61031010 ranks #8795 out of 12657 HSN codes by total export value. Within Sub-Chapter 6103, it ranks #18 of 28. By trade surplus, it ranks #4793 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 61031010 exports The strongest single-year export movement for HSN Code 61031010 was recorded in FY 2022-23, when exports surged by 547.62% over the prior year. ### India maintains a trade surplus of ₹0.52 Crore in HSN Code 61031010 goods In FY 2024-25, India's exports of ₹0.52 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.52 Crore — ranking #4793 of 12657 by surplus magnitude. ### HSN Code 61031010 contributes 0.02% of Sub-Chapter 6103 exports — ranked #18 Among the 28 HSN codes under Sub-Chapter 6103, HSN Code 61031010 ranks #18 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## Related HSN Codes in Sub-Chapter 6103 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 61034200: Cotton trousers](https://busy.in/hsn/hsn-61034200/) | ₹996 Cr | | #2 | [HSN Code 61034990: Of Other Textile Materials \| Other](https://busy.in/hsn/hsn-61034990/) | ₹966 Cr | | #3 | [HSN Code 61034300: Trousers & Overalls of Synthetic Fibres: Sale Value ≤ Rs. 1000](https://busy.in/hsn/hsn-61034300/) | ₹247 Cr | | #4 | [HSN Code 61033300: Jackets/Blazers\| Synthetic Fibres](https://busy.in/hsn/hsn-61033300/) | ₹242 Cr | | #5 | [HSN Code 61033990: Of Other Textile Materials \| Other](https://busy.in/hsn/hsn-61033990/) | ₹151 Cr | | #6 | [HSN Code 61031020: Suits : Of cotton](https://busy.in/hsn/hsn-61031020/) | ₹137 Cr | | #7 | [HSN Code 61032200: Of cotton](https://busy.in/hsn/hsn-61032200/) | ₹104 Cr | | #8 | [HSN Code 61032300: Of Synthetic Fibres](https://busy.in/hsn/hsn-61032300/) | ₹93 Cr | | #9 | [HSN Code 61032990: Of Other Textile Materials \| Other](https://busy.in/hsn/hsn-61032990/) | ₹88 Cr | | #10 | [HSN Code 61031090: Suits \| Other](https://busy.in/hsn/hsn-61031090/) | ₹87 Cr | | #18 | HSN Code 61031010: Suits : Of silk (this hsn code) | < ₹1 Crore |