--- title: "HSN Code for Of man-made fibres : Of synthetic fibres | HSN 61062010 GST Rate" description: "Find HSN and GST Rates for 61062010 related to Of man-made fibres : Of synthetic fibres with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-61062010/" --- # HSN Code 61062010: Of man-made fibres : Of synthetic fibres - [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 6106: Female’s Blouses, Knitted, Crocheted](https://busy.in/hsn/sub-chapter-6106/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Of man-made fibres : Of synthetic fibres (sale value not exceeding Rs. 1000 per piece) | 2.5% | 2.5% | 5% | 0% | | Of man-made fibres : Of synthetic fibres | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 61062010 ? It includes Wool or fine animal hair materials ### Does packaging or labelling change the GST for Of man-made fibres : Of synthetic fibres? 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. ### Any common misclassification issue with Of man-made fibres : Of synthetic fibres? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Of man-made fibres : Of synthetic fibres? 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 should mixed supplies be billed when Of man-made fibres : Of synthetic fibres is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of man-made fibres : Of synthetic fibres; Nil for exempt items if applicable). ### How much GST applies to Of man-made fibres : Of synthetic fibres? Under HSN 61062010, Of man-made fibres : Of synthetic fibres attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 61062010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹93 Cr (−10.02% YoY) — 0.0025% of India's total exports - Imports: ₹117 Cr (+17.26% YoY) — 0.0019% of India's total imports - Trade balance: −₹24 Cr (Deficit); surplus rank #9672 of 12657 HSN codes - Share of Sub-Chapter 6106: 6.70% of its exports; import side 55.89% - Rank within Sub-Chapter 6106: #3 of 6 by export value; import-side #1 ### Key metrics - Export CAGR: -4.92% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2749 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +112.06% in FY 2021-22 - Contribution to Sub-Ch. 6106: 6.70% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 61062010 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. 6106 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 6106 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 126.14 | 0.0055% | — | 11.09% | 83.76 | 0.0023% | — | 56.90% | +42.38 | #1761 | | FY 2019-20 | 105.12 | 0.0048% | −16.66% | 10.74% | 71.52 | 0.0021% | −14.61% | 55.55% | +33.60 | #1952 | | FY 2020-21 | 37.47 | 0.0017% | −64.36% | 5.03% | 46.18 | 0.0016% | −35.43% | 58.24% | −8.71 | #3358 | | FY 2021-22 | 79.46 | 0.0025% | +112.06% | 7.88% | 77.90 | 0.0017% | +68.69% | 54.72% | +1.56 | #2713 | | FY 2022-23 | 115.34 | 0.0032% | +45.15% | 9.66% | 91.23 | 0.0016% | +17.11% | 56.50% | +24.11 | #2349 | | FY 2023-24 | 103.56 | 0.0029% | −10.21% | 8.51% | 99.92 | 0.0018% | +9.53% | 62.02% | +3.64 | #2532 | | FY 2024-25 | 93.18 | 0.0025% | −10.02% | 6.70% | 117.17 | 0.0019% | +17.26% | 55.89% | −23.99 | #2749 | - CAGR (7-year): exports -4.92%/yr, imports 5.75%/yr (consistently Deficit) ## Key trade insights: HSN Code 61062010 export-import analysis ### Export decline: -4.92% CAGR over 7 years India's exports under HSN Code 61062010 have declined at a compound annual rate of -4.92% over 7 fiscal years, falling from ₹126.14 Crore in FY 2018-19 to ₹93.18 Crore in FY 2024-25. ### HSN Code 61062010 ranked #2749 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 61062010 ranks #2749 out of 12657 HSN codes by total export value. Within Sub-Chapter 6106, it ranks #3 of 6. By trade surplus, it ranks #9672 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 61062010 exports The strongest single-year export movement for HSN Code 61062010 was recorded in FY 2021-22, when exports surged by 112.06% over the prior year. ### India records a trade deficit of ₹23.99 Crore in HSN Code 61062010 goods In FY 2024-25, India's imports of ₹117.17 Cr exceeded exports of ₹93.18 Cr, resulting in a trade deficit of ₹23.99 Crore — ranking #9672 of 12657 by surplus magnitude. ### Import growth of 5.75% CAGR signals stable import dependency for Of man-made fibres : Of synthetic fibres India's imports under HSN Code 61062010 have grown at 5.75% CAGR, reaching ₹117.17 Crore in FY 2024-25. ### HSN Code 61062010 contributes 6.70% of Sub-Chapter 6106 exports — ranked #3 Among the 6 HSN codes under Sub-Chapter 6106, HSN Code 61062010 ranks #3 by export value — accounting for 6.70% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 55.89% share (rank #1). ## Related HSN Codes in Sub-Chapter 6106 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 61061000: Of cotton](https://busy.in/hsn/hsn-61061000/) | ₹749 Cr | | #2 | [HSN Code 61069090: Of Other Textile Materials \| Other](https://busy.in/hsn/hsn-61069090/) | ₹538 Cr | | #3 | HSN Code 61062010: Of man-made fibres : Of synthetic fibres (this hsn code) | ₹93 Cr | | #4 | [HSN Code 61062020: Of man-made fibres : Of artificial fibres](https://busy.in/hsn/hsn-61062020/) | ₹9 Cr | | #5 | [HSN Code 61069010: Of Other Textile Materials \| Of Silk](https://busy.in/hsn/hsn-61069010/) | ₹1 Cr | | #6 | [HSN Code 61069020: Wool or fine animal hair materials](https://busy.in/hsn/hsn-61069020/) | < ₹1 Crore |