HSN Code 62159010: Cotton Ties & Cravats: Classic Style

HSN Code 62159010 represents Cotton Ties & Cravats: Classic Style under GST classification. This code helps businesses identify Cotton Ties & Cravats: Classic Style correctly for billing, taxation, and trade. With HSN Code 62159010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cotton Ties & Cravats: Classic Style.

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Description of Goods for HSN Code 62159010

HSN Code 62159010 relates to the following description.

Description of Goods

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

Chapter

62 - Articles of apparel and clothing accessories, not knitted or crocheted

Sub Chapter

6215 - Ties, Bow Ties And Cravats

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

Description of Goods

Of other textile materials : Of cotton

Chapter

62 - Articles of apparel and clothing accessories, not knitted or crocheted

Sub Chapter

6215 - Ties, Bow Ties And Cravats

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 62159010 not include?

Cotton Ties & Cravats: Classic Style does not include products with the following descriptions.

HSN Code 62151010

Of silk or silk waste : Khadi (sale value not exceeding Rs. 1000 per piece)

HSN Code 62151090

Of silk or silk waste : Other (sale value not exceeding Rs. 1000 per piece)

HSN Code 62159090

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

India’s Trade Performance — HSN Code 62159010 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

< ₹1 Crore

+1.15% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+22.22% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #4624 of 12657 HSN codes

% of Sub-Chapter 6215

FY 2024-25

9.05%

Share of Sub-Chapter 6215’s total exports in FY 2024-25

Import side: 0.88% of Sub-Chapter 6215’s imports

Rank Within Sub-Chapter 6215

FY 2024-25

#4 of 6

Position by export value among HSN codes in Sub-Chapter 6215

Import-side rank: #4 of 6

At a glance

−7.22%

Export CAGR

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

#8363

National Export Rank

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

+176.26%

Peak Growth Year

FY 2020-21 · strongest single-year move

9.05%

Contribution to Sub-Ch. 6215

Share of Sub-Chapter 6215 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 62159010

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 #7316

Balance

+1.30

Exports

1.38 ₹ Cr

0.0001% share

— YoY

5.80% of Sub-Ch. 6215

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.57% of Sub-Ch. 6215

FY 2019-20 Exp. Rank #7290

Balance

−1.58

Exports

1.39 ₹ Cr

0.0001% share

+0.72% YoY

6.19% of Sub-Ch. 6215

Imports

2.97 ₹ Cr

0.0001% share

+3,612.50% YoY

19.93% of Sub-Ch. 6215

FY 2020-21 Exp. Rank #6250

Balance

+3.81

Exports

3.84 ₹ Cr

0.0002% share

+176.26% YoY

16.20% of Sub-Ch. 6215

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−98.99% YoY

1.02% of Sub-Ch. 6215

FY 2021-22 Exp. Rank #7370

Balance

+1.76

Exports

1.91 ₹ Cr

0.0001% share

−50.26% YoY

2.58% of Sub-Ch. 6215

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+400.00% YoY

0.14% of Sub-Ch. 6215

FY 2022-23 Exp. Rank #8483

Balance

+0.55

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−66.49% YoY

0.50% of Sub-Ch. 6215

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−40.00% YoY

0.05% of Sub-Ch. 6215

FY 2023-24 Exp. Rank #8347

Balance

+0.78

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+35.94% YoY

10.13% of Sub-Ch. 6215

Imports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.83% of Sub-Ch. 6215

FY 2024-25 Exp. Rank #8363

Balance

+0.77

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+1.15% YoY

9.05% of Sub-Ch. 6215

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+22.22% YoY

0.88% of Sub-Ch. 6215

CAGR · 7-Year

Exports

−7.22% /yr

Imports

5.45% /yr

Consistently Surplus
Sub-Chapter 6215 total

reference, FY 2024-25

Export

₹9.72 Cr

Import

₹12.48 Cr

Trade Balance

−2.76

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

Key Trade Insights: HSN Code 62159010 Export-Import Analysis

Export Decline: −7.22% CAGR Over 7 Years

India's exports under HSN Code 62159010 have declined at a compound annual rate of −7.22% over 7 fiscal years, falling from ₹1.38 Crore in FY 2018-19 to ₹0.88 Crore in FY 2024-25.

HSN Code 62159010 Ranked #8363 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 62159010 ranks #8363 out of 12657 HSN codes by total export value. Within Sub-Chapter 6215, it ranks #4 of 6. By trade surplus, it ranks #4624 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 62159010 Exports

The strongest single-year export movement for HSN Code 62159010 was recorded in FY 2020-21, when exports surged by 176.26% over the prior year.

India Maintains a Trade Surplus of ₹0.77 Crore in HSN Code 62159010 Goods

In FY 2024-25, India's exports of ₹0.88 Cr exceeded imports of ₹0.11 Cr, resulting in a trade surplus of ₹0.77 Crore — ranking #4624 of 12657 by surplus magnitude.

Import Growth of 5.45% CAGR Signals Stable Import Dependency for Cotton Ties & Cravats: Classic Style

India's imports under HSN Code 62159010 have grown at 5.45% CAGR, reaching ₹0.11 Crore in FY 2024-25.

HSN Code 62159010 Contributes 9.05% of Sub-Chapter 6215 Exports — Ranked #4

Among the 6 HSN codes under Sub-Chapter 6215, HSN Code 62159010 ranks #4 by export value — accounting for 9.05% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.88% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 62159010 and GST compliance.

What products are classified under HSN 62159010 ?

It includes Handloom Gloves & Mittens: Traditional Wear

Can we claim ITC on inputs used to trade Cotton Ties & Cravats: Classic Style?

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 Cotton Ties & Cravats: Classic Style?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

How should mixed supplies be billed when Cotton Ties & Cravats: Classic Style is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Cotton Ties & Cravats: Classic Style; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Cotton Ties & Cravats: Classic Style?

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 Cotton Ties & Cravats: Classic Style?

Under HSN 62159010, Cotton Ties & Cravats: Classic Style attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.