HSN Code 61143020: Artificial Fibre Knitted or Crocheted Garments
HSN Code 61143020 represents Artificial Fibre Knitted or Crocheted Garments under GST classification. This code helps businesses identify Artificial Fibre Knitted or Crocheted Garments correctly for billing, taxation, and trade. With HSN Code 61143020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Artificial Fibre Knitted or Crocheted Garments.
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Description of Goods for HSN Code 61143020
HSN Code 61143020 relates to the following description.
What does HSN Code 61143020 not include?
Artificial Fibre Knitted or Crocheted Garments does not include products with the following descriptions.
Other garments, knitted or crocheted - 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
Of other textile materials : Of silk (sale value not exceeding Rs. 1000 per piece)
Of other textile materials : Of silk
Of other textile materials : Other (sale value not exceeding Rs. 1000 per piece)
Of other textile materials : Other
Other garments, knitted or crocheted - 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
Of other textile materials : Of silk (sale value not exceeding Rs. 1000 per piece)
Of other textile materials : Of silk
Of other textile materials : Other (sale value not exceeding Rs. 1000 per piece)
Of other textile materials : Other
India’s Trade Performance — HSN Code 61143020 in FY 2024-25
India’s Exports
FY 2024-25₹64 Cr
0.0017% of India’s total exports
India’s Imports
FY 2024-25₹11 Cr
0.0002% of India’s total imports
Trade Balance
FY 2024-25₹54 Cr
Surplus rank #2092 of 12657 HSN codes
% of Sub-Chapter 6114
FY 2024-251.87%
Share of Sub-Chapter 6114’s total exports in FY 2024-25
Import side: 13.81% of Sub-Chapter 6114’s imports
Rank Within Sub-Chapter 6114
FY 2024-25#4 of 6
Position by export value among HSN codes in Sub-Chapter 6114
Import-side rank: #3 of 6
At a glance
−5.05%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3272
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+75.89%
Peak Growth Year
FY 2022-23 · strongest single-year move
1.87%
Contribution to Sub-Ch. 6114
Share of Sub-Chapter 6114 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 61143020
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+80.02
Exports
87.75 ₹ Cr
0.0038% share
— YoY
2.01% of Sub-Ch. 6114
Imports
7.73 ₹ Cr
0.0002% share
— YoY
16.01% of Sub-Ch. 6114
Balance
+55.56
Exports
59.62 ₹ Cr
0.0027% share
−32.06% YoY
1.85% of Sub-Ch. 6114
Imports
4.06 ₹ Cr
0.0001% share
−47.48% YoY
9.13% of Sub-Ch. 6114
Balance
+39.13
Exports
43.96 ₹ Cr
0.0020% share
−26.27% YoY
1.85% of Sub-Ch. 6114
Imports
4.83 ₹ Cr
0.0002% share
+18.97% YoY
11.69% of Sub-Ch. 6114
Balance
+39.24
Exports
46.50 ₹ Cr
0.0015% share
+5.78% YoY
1.33% of Sub-Ch. 6114
Imports
7.26 ₹ Cr
0.0002% share
+50.31% YoY
11.75% of Sub-Ch. 6114
Balance
+69.17
Exports
81.79 ₹ Cr
0.0023% share
+75.89% YoY
2.27% of Sub-Ch. 6114
Imports
12.62 ₹ Cr
0.0002% share
+73.83% YoY
16.03% of Sub-Ch. 6114
Balance
+36.55
Exports
44.98 ₹ Cr
0.0012% share
−45.01% YoY
1.42% of Sub-Ch. 6114
Imports
8.43 ₹ Cr
0.0002% share
−33.20% YoY
11.12% of Sub-Ch. 6114
Balance
+53.68
Exports
64.31 ₹ Cr
0.0017% share
+42.97% YoY
1.87% of Sub-Ch. 6114
Imports
10.63 ₹ Cr
0.0002% share
+26.10% YoY
13.81% of Sub-Ch. 6114
CAGR · 7-Year
Exports
−5.05% /yr
Imports
5.45% /yr
reference, FY 2024-25
Export
₹3,440.80 Cr
Import
₹77.00 Cr
Trade Balance
+3,363.80
Key Trade Insights: HSN Code 61143020 Export-Import Analysis
Export Decline: −5.05% CAGR Over 7 Years
India's exports under HSN Code 61143020 have declined at a compound annual rate of −5.05% over 7 fiscal years, falling from ₹87.75 Crore in FY 2018-19 to ₹64.31 Crore in FY 2024-25.
HSN Code 61143020 Ranked #3272 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 61143020 ranks #3272 out of 12657 HSN codes by total export value. Within Sub-Chapter 6114, it ranks #4 of 6. By trade surplus, it ranks #2092 of 12657.
FY 2022-23 Was the Strongest Growth Year for HSN Code 61143020 Exports
The strongest single-year export movement for HSN Code 61143020 was recorded in FY 2022-23, when exports surged by 75.89% over the prior year.
India Maintains a Trade Surplus of ₹53.68 Crore in HSN Code 61143020 Goods
In FY 2024-25, India's exports of ₹64.31 Cr exceeded imports of ₹10.63 Cr, resulting in a trade surplus of ₹53.68 Crore — ranking #2092 of 12657 by surplus magnitude.
Import Growth of 5.45% CAGR Signals Stable Import Dependency for Artificial Fibre Knitted or Crocheted Garments
India's imports under HSN Code 61143020 have grown at 5.45% CAGR, reaching ₹10.63 Crore in FY 2024-25.
HSN Code 61143020 Contributes 1.87% of Sub-Chapter 6114 Exports — Ranked #4
Among the 6 HSN codes under Sub-Chapter 6114, HSN Code 61143020 ranks #4 by export value — accounting for 1.87% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 13.81% share (rank #3).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 61143020 and GST compliance.
What products are classified under HSN 61143020 ?
It includes Graduated Compression Hosiery and Stockings
Do e‑way bill and e‑invoice apply for Artificial Fibre Knitted or Crocheted Garments?
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 Artificial Fibre Knitted or Crocheted Garments is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Artificial Fibre Knitted or Crocheted Garments; Nil for exempt items if applicable).
Can we claim ITC on inputs used to trade Artificial Fibre Knitted or Crocheted Garments?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Any common misclassification issue with Artificial Fibre Knitted or Crocheted Garments?
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 Artificial Fibre Knitted or Crocheted Garments?
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 Artificial Fibre Knitted or Crocheted Garments?
Under HSN 61143020, Artificial Fibre Knitted or Crocheted Garments attracts Varies when sold in taxable form. Describe the exact form on the invoice.