--- title: "HSN Code for Kashmir (Cashmere) Jerseys (>Rs. 1000) | HSN 61101200 GST Rate" description: "Find HSN and GST Rates for 61101200 related to Kashmir (Cashmere) Jerseys (>Rs. 1000) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-61101200/" --- # HSN Code 61101200: Kashmir (Cashmere) Jerseys (>Rs. 1000) - [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 6110: Carbon products](https://busy.in/hsn/sub-chapter-6110/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Of wool or fine animal hair : Of Kashmir (cashmere) goats (sale value not exceeding Rs. 1000 per piece ) | 2.5% | 2.5% | 5% | 0% | | Of wool or fine animal hair : Of Kashmir (cashmere) goats (sale value exceeding Rs. 1000 per piece) | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 61101200 ? It includes Man-made Fiber Wool/Fine Animal Hair Knitwear (> ₹1000) ### How much GST applies to Kashmir (Cashmere) Jerseys (>Rs. 1000)? Under HSN 61101200, Kashmir (Cashmere) Jerseys (>Rs. 1000) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Kashmir (Cashmere) Jerseys (>Rs. 1000) is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Kashmir (Cashmere) Jerseys (>Rs. 1000); Nil for exempt items if applicable). ### Any common misclassification issue with Kashmir (Cashmere) Jerseys (>Rs. 1000)? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Does packaging or labelling change the GST for Kashmir (Cashmere) Jerseys (>Rs. 1000)? 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. ### Can we claim ITC on inputs used to trade Kashmir (Cashmere) Jerseys (>Rs. 1000)? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 61101200 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹2 Cr (+17.79% YoY) — 0.0001% of India's total exports - Imports: ₹12 Cr (+42.22% YoY) — 0.0002% of India's total imports - Trade balance: −₹10 Cr (Deficit); surplus rank #9088 of 12657 HSN codes - Share of Sub-Chapter 6110: 0.06% of its exports; import side 0.97% - Rank within Sub-Chapter 6110: #9 of 9 by export value; import-side #7 ### Key metrics - Export CAGR: 9.56% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7638 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +387.50% in FY 2021-22 - Contribution to Sub-Ch. 6110: 0.06% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 61101200 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. 6110 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 6110 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 1.11 | 0.0000% | — | 0.04% | 2.87 | 0.0001% | — | 0.71% | −1.76 | #7526 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −68.47% | 0.01% | 5.45 | 0.0002% | +89.90% | 1.00% | −5.10 | #8472 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −8.57% | 0.01% | 5.04 | 0.0002% | −7.52% | 1.01% | −4.72 | #8563 | | FY 2021-22 | 1.56 | 0.0000% | +387.50% | 0.05% | 6.99 | 0.0002% | +38.69% | 0.94% | −5.43 | #7583 | | FY 2022-23 | 1.75 | 0.0000% | +12.18% | 0.05% | 8.16 | 0.0001% | +16.74% | 0.72% | −6.41 | #7568 | | FY 2023-24 | 1.63 | 0.0000% | −6.86% | 0.06% | 8.48 | 0.0002% | +3.92% | 0.78% | −6.85 | #7777 | | FY 2024-25 | 1.92 | 0.0001% | +17.79% | 0.06% | 12.06 | 0.0002% | +42.22% | 0.97% | −10.14 | #7638 | - CAGR (7-year): exports 9.56%/yr, imports 27.03%/yr (consistently Deficit) ## Key trade insights: HSN Code 61101200 export-import analysis ### Consistent export growth: 9.56% CAGR over 7 years India's exports under HSN Code 61101200 have grown at a compound annual rate of 9.56% over 7 fiscal years, rising from ₹1.11 Crore in FY 2018-19 to ₹1.92 Crore in FY 2024-25. ### HSN Code 61101200 ranked #7638 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 61101200 ranks #7638 out of 12657 HSN codes by total export value. Within Sub-Chapter 6110, it ranks #9 of 9. By trade surplus, it ranks #9088 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 61101200 exports The strongest single-year export movement for HSN Code 61101200 was recorded in FY 2021-22, when exports surged by 387.50% over the prior year. ### India records a trade deficit of ₹10.14 Crore in HSN Code 61101200 goods In FY 2024-25, India's imports of ₹12.06 Cr exceeded exports of ₹1.92 Cr, resulting in a trade deficit of ₹10.14 Crore — ranking #9088 of 12657 by surplus magnitude. ### Import growth of 27.03% CAGR signals rising demand for Kashmir (Cashmere) Jerseys (>Rs. 1000) India's imports under HSN Code 61101200 have grown at 27.03% CAGR, reaching ₹12.06 Crore in FY 2024-25. ### HSN Code 61101200 contributes 0.06% of Sub-Chapter 6110 exports — ranked #9 Among the 9 HSN codes under Sub-Chapter 6110, HSN Code 61101200 ranks #9 by export value — accounting for 0.06% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.97% share (rank #7). ## Related HSN Codes in Sub-Chapter 6110 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 61102000: Wool/Cotton Jerseys (>Rs. 1000)](https://busy.in/hsn/hsn-61102000/) | ₹1,849 Cr | | #2 | [HSN Code 61109000: Wool & Man-Made Fibre Apparel: Other Textile Materials](https://busy.in/hsn/hsn-61109000/) | ₹857 Cr | | #3 | [HSN Code 61103010: Man-made Fiber Wool/Fine Animal Hair Knitwear (> ₹1000)](https://busy.in/hsn/hsn-61103010/) | ₹339 Cr | | #4 | [HSN Code 61101190: Other Wool Jerseys (>Rs. 1000)](https://busy.in/hsn/hsn-61101190/) | ₹145 Cr | | #5 | [HSN Code 61101120: Babies' Garments and Clothing Accessories](https://busy.in/hsn/hsn-61101120/) | ₹114 Cr | | #6 | [HSN Code 61101900: Wool/Fine Hair Apparel: Other Types Over Rs. 1000 Sale Value](https://busy.in/hsn/hsn-61101900/) | ₹25 Cr | | #7 | [HSN Code 61101110: Wool Jerseys (>Rs. 1000)](https://busy.in/hsn/hsn-61101110/) | ₹15 Cr | | #8 | [HSN Code 61103020: Saree Falls, Borders & Fringes of Man-Made Fibres](https://busy.in/hsn/hsn-61103020/) | ₹13 Cr | | #9 | HSN Code 61101200: Kashmir (Cashmere) Jerseys (>Rs. 1000) (this hsn code) | ₹2 Cr |