HSN Code 62160020: Handloom Gloves & Mittens: Traditional Wear
HSN Code 62160020 represents Handloom Gloves & Mittens: Traditional Wear under GST classification. This code helps businesses identify Handloom Gloves & Mittens: Traditional Wear correctly for billing, taxation, and trade. With HSN Code 62160020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Handloom Gloves & Mittens: Traditional Wear.
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Description of Goods for HSN Code 62160020
HSN Code 62160020 relates to the following description.
What does HSN Code 62160020 not include?
Handloom Gloves & Mittens: Traditional Wear does not include products with the following descriptions.
Gloves, mittens and mitts : Of cotton (sale value not exceeding Rs. 1000 per piece)
Gloves, mittens and mitts : Of cotton
Gloves, mittens and mitts : Other (sale value not exceeding Rs. 1000 per piece)
Gloves, mittens and mitts : Other
India’s Trade Performance — HSN Code 62160020 in FY 2024-25
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25−< ₹1 Crore
Surplus rank #7669 of 12657 HSN codes
% of Sub-Chapter 6216
FY 2024-250.01%
Share of Sub-Chapter 6216’s total exports in FY 2024-25
Import side: 1.89% of Sub-Chapter 6216’s imports
Rank Within Sub-Chapter 6216
FY 2024-25#3 of 3
Position by export value among HSN codes in Sub-Chapter 6216
Import-side rank: #3 of 3
At a glance
−65.30%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#10305
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+35.00%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.01%
Contribution to Sub-Ch. 6216
Share of Sub-Chapter 6216 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 62160020
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+11.45
Exports
11.45 ₹ Cr
0.0005% share
— YoY
7.10% of Sub-Ch. 6216
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 6216
Balance
+6.99
Exports
7.22 ₹ Cr
0.0003% share
−36.94% YoY
4.36% of Sub-Ch. 6216
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
1.18% of Sub-Ch. 6216
Balance
−0.09
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−97.23% YoY
0.09% of Sub-Ch. 6216
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+26.09% YoY
1.49% of Sub-Ch. 6216
Balance
+0.05
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+35.00% YoY
0.10% of Sub-Ch. 6216
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−24.14% YoY
1.30% of Sub-Ch. 6216
Balance
+0.11
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−3.70% YoY
0.09% of Sub-Ch. 6216
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−31.82% YoY
0.72% of Sub-Ch. 6216
Balance
+0.02
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−23.08% YoY
0.09% of Sub-Ch. 6216
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+20.00% YoY
0.84% of Sub-Ch. 6216
Balance
−0.45
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−90.00% YoY
0.01% of Sub-Ch. 6216
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+161.11% YoY
1.89% of Sub-Ch. 6216
CAGR · 7-Year
Exports
−65.30% /yr
Imports
—
reference, FY 2024-25
Export
₹270.35 Cr
Import
₹24.88 Cr
Trade Balance
+245.47
Key Trade Insights: HSN Code 62160020 Export-Import Analysis
Export Decline: −65.30% CAGR Over 7 Years
India's exports under HSN Code 62160020 have declined at a compound annual rate of −65.30% over 7 fiscal years, falling from ₹11.45 Crore in FY 2018-19 to ₹0.02 Crore in FY 2024-25.
HSN Code 62160020 Ranked #10305 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 62160020 ranks #10305 out of 12657 HSN codes by total export value. Within Sub-Chapter 6216, it ranks #3 of 3. By trade surplus, it ranks #7669 of 12657.
FY 2021-22 Was the Strongest Growth Year for HSN Code 62160020 Exports
The strongest single-year export movement for HSN Code 62160020 was recorded in FY 2021-22, when exports surged by 35.00% over the prior year.
India Records a Trade Deficit of ₹0.45 Crore in HSN Code 62160020 Goods
In FY 2024-25, India's imports of ₹0.47 Cr exceeded exports of ₹0.02 Cr, resulting in a trade deficit of ₹0.45 Crore — ranking #7669 of 12657 by surplus magnitude.
HSN Code 62160020 Contributes 0.01% of Sub-Chapter 6216 Exports — Ranked #3
Among the 3 HSN codes under Sub-Chapter 6216, HSN Code 62160020 ranks #3 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.89% share (rank #3).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 62160020 and GST compliance.
What products are classified under HSN 62160020 ?
It includes Apparel Accessories for Synthetic Fibres
Does packaging or labelling change the GST for Handloom Gloves & Mittens: Traditional Wear?
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 Handloom Gloves & Mittens: Traditional Wear?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
How much GST applies to Handloom Gloves & Mittens: Traditional Wear?
Under HSN 62160020, Handloom Gloves & Mittens: Traditional Wear attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Any common misclassification issue with Handloom Gloves & Mittens: Traditional Wear?
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 Handloom Gloves & Mittens: Traditional Wear is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Handloom Gloves & Mittens: Traditional Wear; Nil for exempt items if applicable).