--- title: "HSN Code for Corselettes: Body-Shaping Garments | HSN 62123000 GST Rate" description: "Find HSN and GST Rates for 62123000 related to Corselettes: Body-Shaping Garments with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-62123000/" --- # HSN Code 62123000: Corselettes: Body-Shaping Garments - [Section 11: Guide to HSN Section 11](https://busy.in/hsn/section-11/) - [Chapter 62: Apparel & Clothing Accessories](https://busy.in/hsn/chapter-62/) - [Sub-chapter 6212: Brassieres & Corsets](https://busy.in/hsn/sub-chapter-6212/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Corselettes (sale value not exceeding Rs. 1000 per piece) | 2.5% | 2.5% | 5% | 0% | | Corselettes | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 62123000 ? It includes Cotton Handkerchiefs: Everyday Essentials ### Any common misclassification issue with Corselettes: Body-Shaping Garments? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How much GST applies to Corselettes: Body-Shaping Garments? Under HSN 62123000, Corselettes: Body-Shaping Garments attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Corselettes: Body-Shaping Garments? 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 Corselettes: Body-Shaping 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. ### Do e‑way bill and e‑invoice apply for Corselettes: Body-Shaping 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. ## India's trade performance: HSN Code 62123000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹8 Cr (−57.43% YoY) — 0.0002% of India's total exports - Imports: ₹1 Cr (+84.38% YoY) — 0.0000% of India's total imports - Trade balance: ₹7 Cr (Surplus); surplus rank #3528 of 12657 HSN codes - Share of Sub-Chapter 6212: 1.42% of its exports; import side 0.25% - Rank within Sub-Chapter 6212: #3 of 5 by export value; import-side #5 ### Key metrics - Export CAGR: 19.51% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5999 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +217.71% in FY 2019-20 - Contribution to Sub-Ch. 6212: 1.42% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 62123000 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. 6212 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 6212 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 2.88 | 0.0001% | — | 0.36% | 1.58 | 0.0000% | — | 0.37% | +1.30 | #6524 | | FY 2019-20 | 9.15 | 0.0004% | +217.71% | 1.19% | 1.26 | 0.0000% | −20.25% | 0.33% | +7.89 | #5123 | | FY 2020-21 | 17.21 | 0.0008% | +88.09% | 3.51% | < ₹1 Crore | 0.0000% | −44.44% | 0.38% | +16.51 | #4399 | | FY 2021-22 | 21.99 | 0.0007% | +27.77% | 3.10% | 1.32 | 0.0000% | +88.57% | 0.29% | +20.67 | #4476 | | FY 2022-23 | 14.73 | 0.0004% | −33.02% | 2.38% | < ₹1 Crore | 0.0000% | −28.79% | 0.13% | +13.79 | #5100 | | FY 2023-24 | 19.71 | 0.0005% | +33.81% | 3.87% | < ₹1 Crore | 0.0000% | −31.91% | 0.15% | +19.07 | #4797 | | FY 2024-25 | 8.39 | 0.0002% | −57.43% | 1.42% | 1.18 | 0.0000% | +84.38% | 0.25% | +7.21 | #5999 | - CAGR (7-year): exports 19.51%/yr, imports -4.75%/yr (consistently Surplus) ## Key trade insights: HSN Code 62123000 export-import analysis ### Consistent export growth: 19.51% CAGR over 7 years India's exports under HSN Code 62123000 have grown at a compound annual rate of 19.51% over 7 fiscal years, rising from ₹2.88 Crore in FY 2018-19 to ₹8.39 Crore in FY 2024-25. ### HSN Code 62123000 ranked #5999 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 62123000 ranks #5999 out of 12657 HSN codes by total export value. Within Sub-Chapter 6212, it ranks #3 of 5. By trade surplus, it ranks #3528 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 62123000 exports The strongest single-year export movement for HSN Code 62123000 was recorded in FY 2019-20, when exports surged by 217.71% over the prior year. ### India maintains a trade surplus of ₹7.21 Crore in HSN Code 62123000 goods In FY 2024-25, India's exports of ₹8.39 Cr exceeded imports of ₹1.18 Cr, resulting in a trade surplus of ₹7.21 Crore — ranking #3528 of 12657 by surplus magnitude. ### Import growth of -4.75% CAGR signals stable import dependency for Corselettes: Body-Shaping Garments India's imports under HSN Code 62123000 have grown at -4.75% CAGR, reaching ₹1.18 Crore in FY 2024-25. ### HSN Code 62123000 contributes 1.42% of Sub-Chapter 6212 exports — ranked #3 Among the 5 HSN codes under Sub-Chapter 6212, HSN Code 62123000 ranks #3 by export value — accounting for 1.42% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.25% share (rank #5). ## Related HSN Codes in Sub-Chapter 6212 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 62121000: Brassieres: Supportive Underwear](https://busy.in/hsn/hsn-62121000/) | ₹555 Cr | | #2 | [HSN Code 62129090: Lingerie Accessories: Other Textile Materials](https://busy.in/hsn/hsn-62129090/) | ₹21 Cr | | #3 | HSN Code 62123000: Corselettes: Body-Shaping Garments (this hsn code) | ₹8 Cr | | #4 | [HSN Code 62129010: Suspender Belts, Braces & Garters: Accessories](https://busy.in/hsn/hsn-62129010/) | ₹7 Cr | | #5 | [HSN Code 62122000: Girdles & Panty-Girdles: Shaping Apparel](https://busy.in/hsn/hsn-62122000/) | < ₹1 Crore |