HSN Code 62159090: Textile Ties & Bow Ties: Other Materials
HSN Code 62159090 represents Textile Ties & Bow Ties: Other Materials under GST classification. This code helps businesses identify Textile Ties & Bow Ties: Other Materials correctly for billing, taxation, and trade. With HSN Code 62159090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Textile Ties & Bow Ties: Other Materials.
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Description of Goods for HSN Code 62159090
HSN Code 62159090 relates to the following description.
What does HSN Code 62159090 not include?
Textile Ties & Bow Ties: Other Materials does not include products with the following descriptions.
Ties, bow ties and cravats - of silk or silk waste
Of silk or silk waste : Khadi (sale value not exceeding Rs. 1000 per piece)
Of silk or silk waste : Khadi
Of silk or silk waste : Other (sale value not exceeding Rs. 1000 per piece)
Of silk or silk waste : Other
Of man-made fibres (sale value not exceeding Rs. 1000 per piece)
Of man-made fibres
Of other textile materials : Of cotton (sale value not exceeding Rs. 1000 per piece)
Of other textile materials : Of cotton
Ties, bow ties and cravats - of silk or silk waste
Of silk or silk waste : Khadi (sale value not exceeding Rs. 1000 per piece)
Of silk or silk waste : Khadi
Of silk or silk waste : Other (sale value not exceeding Rs. 1000 per piece)
Of silk or silk waste : Other
Of man-made fibres (sale value not exceeding Rs. 1000 per piece)
Of man-made fibres
Of other textile materials : Of cotton (sale value not exceeding Rs. 1000 per piece)
Of other textile materials : Of cotton
India’s Trade Performance — HSN Code 62159090 in FY 2024-25
India’s Exports
FY 2024-25₹3 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25₹4 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25−< ₹1 Crore
Surplus rank #7652 of 12657 HSN codes
% of Sub-Chapter 6215
FY 2024-2533.44%
Share of Sub-Chapter 6215’s total exports in FY 2024-25
Import side: 29.41% of Sub-Chapter 6215’s imports
Rank Within Sub-Chapter 6215
FY 2024-25#2 of 6
Position by export value among HSN codes in Sub-Chapter 6215
Import-side rank: #2 of 6
At a glance
−12.42%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#7113
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+2,580.17%
Peak Growth Year
FY 2021-22 · strongest single-year move
33.44%
Contribution to Sub-Ch. 6215
Share of Sub-Chapter 6215 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 62159090
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+3.03
Exports
7.20 ₹ Cr
0.0003% share
— YoY
30.26% of Sub-Ch. 6215
Imports
4.17 ₹ Cr
0.0001% share
— YoY
29.91% of Sub-Ch. 6215
Balance
+4.28
Exports
8.29 ₹ Cr
0.0004% share
+15.14% YoY
36.93% of Sub-Ch. 6215
Imports
4.01 ₹ Cr
0.0001% share
−3.84% YoY
26.91% of Sub-Ch. 6215
Balance
+2.06
Exports
2.32 ₹ Cr
0.0001% share
−72.01% YoY
9.79% of Sub-Ch. 6215
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−93.52% YoY
8.81% of Sub-Ch. 6215
Balance
−38.64
Exports
62.18 ₹ Cr
0.0020% share
+2,580.17% YoY
84.11% of Sub-Ch. 6215
Imports
100.82 ₹ Cr
0.0022% share
+38,676.92% YoY
96.80% of Sub-Ch. 6215
Balance
−51.85
Exports
122.07 ₹ Cr
0.0034% share
+96.32% YoY
94.81% of Sub-Ch. 6215
Imports
173.92 ₹ Cr
0.0030% share
+72.51% YoY
96.39% of Sub-Ch. 6215
Balance
−0.32
Exports
2.40 ₹ Cr
0.0001% share
−98.03% YoY
27.94% of Sub-Ch. 6215
Imports
2.72 ₹ Cr
0.0000% share
−98.44% YoY
25.02% of Sub-Ch. 6215
Balance
−0.42
Exports
3.25 ₹ Cr
0.0001% share
+35.42% YoY
33.44% of Sub-Ch. 6215
Imports
3.67 ₹ Cr
0.0001% share
+34.93% YoY
29.41% of Sub-Ch. 6215
CAGR · 7-Year
Exports
−12.42% /yr
Imports
−2.11% /yr
Key Trade Insights: HSN Code 62159090 Export-Import Analysis
Export Decline: −12.42% CAGR Over 7 Years
India's exports under HSN Code 62159090 have declined at a compound annual rate of −12.42% over 7 fiscal years, falling from ₹7.20 Crore in FY 2018-19 to ₹3.25 Crore in FY 2024-25.
HSN Code 62159090 Ranked #7113 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 62159090 ranks #7113 out of 12657 HSN codes by total export value. Within Sub-Chapter 6215, it ranks #2 of 6. By trade surplus, it ranks #7652 of 12657.
FY 2021-22 Was the Strongest Growth Year for HSN Code 62159090 Exports
The strongest single-year export movement for HSN Code 62159090 was recorded in FY 2021-22, when exports surged by 2,580.17% over the prior year.
India Records a Trade Deficit of ₹0.42 Crore in HSN Code 62159090 Goods
In FY 2024-25, India's imports of ₹3.67 Cr exceeded exports of ₹3.25 Cr, resulting in a trade deficit of ₹0.42 Crore — ranking #7652 of 12657 by surplus magnitude.
Import Growth of −2.11% CAGR Signals Stable Import Dependency for Textile Ties & Bow Ties: Other Materials
India's imports under HSN Code 62159090 have grown at −2.11% CAGR, reaching ₹3.67 Crore in FY 2024-25.
HSN Code 62159090 Contributes 33.44% of Sub-Chapter 6215 Exports — Ranked #2
Among the 6 HSN codes under Sub-Chapter 6215, HSN Code 62159090 ranks #2 by export value — accounting for 33.44% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 29.41% share (rank #2).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 62159090 and GST compliance.
What products are classified under HSN 62159090 ?
It includes Textile Gloves & Mittens: Other Varieties
Can we claim ITC on inputs used to trade Textile Ties & Bow Ties: Other Materials?
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 Textile Ties & Bow Ties: Other Materials?
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.
Any common misclassification issue with Textile Ties & Bow Ties: Other Materials?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Do e‑way bill and e‑invoice apply for Textile Ties & Bow Ties: Other Materials?
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 Textile Ties & Bow Ties: Other Materials is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Textile Ties & Bow Ties: Other Materials; Nil for exempt items if applicable).