HSN Code 61062020: Of man-made fibres : Of artificial fibres

HSN Code 61062020 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 61062020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of man-made fibres : Of artificial fibres.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 61062020

HSN Code 61062020 relates to the following description.

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

6106 - Women’s or girls’ blouses, shirts and shirt-blouses, knitted or crocheted

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

6106 - Women’s or girls’ blouses, shirts and shirt-blouses, knitted or crocheted

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 61062020 not include?

Of man-made fibres : Of artificial fibres does not include products with the following descriptions.

Of man-made fibres : Of synthetic fibres (sale value not exceeding Rs. 1000 per piece)

Of other textile materials : Of silk (sale value not exceeding Rs. 1000 per piece)

Of other textile materials : Of wool or fine animal hair (sale value not exceeding Rs. 1000 per piece)

Of other textile materials : Other (sale value not exceeding Rs. 1000 per piece)

India’s Trade Performance — HSN Code 61062020 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

₹9 Cr

−28.22% vs FY 2023-24

0.0003% of India’s total exports

India’s Imports

FY 2024-25

₹46 Cr

+82.13% vs FY 2023-24

0.0008% of India’s total imports

Trade Balance

FY 2024-25

−₹37 Cr

Trade Deficit

Surplus rank #10010 of 12657 HSN codes

% of Sub-Chapter 6106

FY 2024-25

0.67%

Share of Sub-Chapter 6106’s total exports in FY 2024-25

Import side: 21.98% of Sub-Chapter 6106’s imports

Rank Within Sub-Chapter 6106

FY 2024-25

#4 of 6

Position by export value among HSN codes in Sub-Chapter 6106

Import-side rank: #2 of 6

At a glance

−17.88%

Export CAGR

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

#5853

National Export Rank

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

+82.72%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.67%

Contribution to Sub-Ch. 6106

Share of Sub-Chapter 6106 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 61062020

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 #3553

Balance

−9.18

Exports

30.51 ₹ Cr

0.0013% share

YoY

2.68% of Sub-Ch. 6106

Imports

39.69 ₹ Cr

0.0011% share

YoY

26.96% of Sub-Ch. 6106

FY 2019-20 Exp. Rank #3983

Balance

−8.61

Exports

22.16 ₹ Cr

0.0010% share

−27.37% YoY

2.26% of Sub-Ch. 6106

Imports

30.77 ₹ Cr

0.0009% share

−22.47% YoY

23.90% of Sub-Ch. 6106

FY 2020-21 Exp. Rank #5174

Balance

−1.28

Exports

9.32 ₹ Cr

0.0004% share

−57.94% YoY

1.25% of Sub-Ch. 6106

Imports

10.60 ₹ Cr

0.0004% share

−65.55% YoY

13.37% of Sub-Ch. 6106

FY 2021-22 Exp. Rank #5336

Balance

−17.19

Exports

11.17 ₹ Cr

0.0004% share

+19.85% YoY

1.11% of Sub-Ch. 6106

Imports

28.36 ₹ Cr

0.0006% share

+167.55% YoY

19.92% of Sub-Ch. 6106

FY 2022-23 Exp. Rank #4640

Balance

−11.74

Exports

20.41 ₹ Cr

0.0006% share

+82.72% YoY

1.71% of Sub-Ch. 6106

Imports

32.15 ₹ Cr

0.0006% share

+13.36% YoY

19.91% of Sub-Ch. 6106

FY 2023-24 Exp. Rank #5365

Balance

−12.26

Exports

13.04 ₹ Cr

0.0004% share

−36.11% YoY

1.07% of Sub-Ch. 6106

Imports

25.30 ₹ Cr

0.0005% share

−21.31% YoY

15.70% of Sub-Ch. 6106

FY 2024-25 Exp. Rank #5853

Balance

−36.72

Exports

9.36 ₹ Cr

0.0003% share

−28.22% YoY

0.67% of Sub-Ch. 6106

Imports

46.08 ₹ Cr

0.0008% share

+82.13% YoY

21.98% of Sub-Ch. 6106

CAGR · 7-Year

Exports

−17.88% /yr

Imports

2.52% /yr

Consistently Deficit
Sub-Chapter 6106 total

reference, FY 2024-25

Export

₹1,391.43 Cr

Import

₹209.66 Cr

Trade Balance

+1,181.77

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 61062020 Export-Import Analysis

Export Decline: −17.88% CAGR Over 7 Years

India's exports under HSN Code 61062020 have declined at a compound annual rate of −17.88% over 7 fiscal years, falling from ₹30.51 Crore in FY 2018-19 to ₹9.36 Crore in FY 2024-25.

HSN Code 61062020 Ranked #5853 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 61062020 ranks #5853 out of 12657 HSN codes by total export value. Within Sub-Chapter 6106, it ranks #4 of 6. By trade surplus, it ranks #10010 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 61062020 Exports

The strongest single-year export movement for HSN Code 61062020 was recorded in FY 2022-23, when exports surged by 82.72% over the prior year.

India Records a Trade Deficit of ₹36.72 Crore in HSN Code 61062020 Goods

In FY 2024-25, India's imports of ₹46.08 Cr exceeded exports of ₹9.36 Cr, resulting in a trade deficit of ₹36.72 Crore — ranking #10010 of 12657 by surplus magnitude.

Import Growth of 2.52% CAGR Signals Stable Import Dependency for Of man-made fibres : Of artificial fibres

India's imports under HSN Code 61062020 have grown at 2.52% CAGR, reaching ₹46.08 Crore in FY 2024-25.

HSN Code 61062020 Contributes 0.67% of Sub-Chapter 6106 Exports — Ranked #4

Among the 6 HSN codes under Sub-Chapter 6106, HSN Code 61062020 ranks #4 by export value — accounting for 0.67% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 21.98% share (rank #2).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 61062020 and GST compliance.

What products are classified under HSN 61062020 ?

It includes Of Other Textile Materials | Other

Do e‑way bill and e‑invoice apply for Of man-made fibres : Of artificial 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 much GST applies to Of man-made fibres : Of artificial fibres?

Under HSN 61062020, Of man-made fibres : Of artificial fibres attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Of man-made fibres : Of artificial fibres?

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 Of man-made fibres : Of artificial fibres?

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

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

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.