HSN Code 63031200: Knitted or Crocheted Textile Articles (Synthetic Fibres)

HSN Code 63031200 represents Knitted or Crocheted Textile Articles (Synthetic Fibres) under GST classification. This code helps businesses identify Knitted or Crocheted Textile Articles (Synthetic Fibres) correctly for billing, taxation, and trade. With HSN Code 63031200, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Knitted or Crocheted Textile Articles (Synthetic Fibres).

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Description of Goods for HSN Code 63031200

HSN Code 63031200 relates to the following description.

Description of Goods

Knitted or crocheted : Of synthetic fibres (sale value not exceeding Rs. 1000 per piece)

Chapter

63 - Other made up textile articles; sets; worn clothing and worn textile articles; rags

Sub Chapter

6303 - Curtains (including drapes) and interior blinds; curtain or bed valances

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

Description of Goods

Knitted or crocheted : Of synthetic fibres

Chapter

63 - Other made up textile articles; sets; worn clothing and worn textile articles; rags

Sub Chapter

6303 - Curtains (including drapes) and interior blinds; curtain or bed valances

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 63031200 not include?

Knitted or Crocheted Textile Articles (Synthetic Fibres) does not include products with the following descriptions.

Curtains (including drapes) and interior blinds; curtain or bed valances knitted or crocheted: of cotton

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

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

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

India’s Trade Performance — HSN Code 63031200 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

₹27 Cr

+24.16% vs FY 2023-24

0.0007% of India’s total exports

India’s Imports

FY 2024-25

₹13 Cr

+69.73% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

₹13 Cr

Trade Surplus

Surplus rank #3126 of 12657 HSN codes

% of Sub-Chapter 6303

FY 2024-25

2.45%

Share of Sub-Chapter 6303’s total exports in FY 2024-25

Import side: 5.35% of Sub-Chapter 6303’s imports

Rank Within Sub-Chapter 6303

FY 2024-25

#4 of 7

Position by export value among HSN codes in Sub-Chapter 6303

Import-side rank: #3 of 7

At a glance

30.70%

Export CAGR

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

#4494

National Export Rank

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

+96.80%

Peak Growth Year

FY 2019-20 · strongest single-year move

2.45%

Contribution to Sub-Ch. 6303

Share of Sub-Chapter 6303 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 63031200

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 #5787

Balance

−1.32

Exports

5.32 ₹ Cr

0.0002% share

YoY

0.63% of Sub-Ch. 6303

Imports

6.64 ₹ Cr

0.0002% share

YoY

14.95% of Sub-Ch. 6303

FY 2019-20 Exp. Rank #4952

Balance

+4.59

Exports

10.47 ₹ Cr

0.0005% share

+96.80% YoY

1.23% of Sub-Ch. 6303

Imports

5.88 ₹ Cr

0.0002% share

−11.45% YoY

5.40% of Sub-Ch. 6303

FY 2020-21 Exp. Rank #4409

Balance

+13.59

Exports

17.09 ₹ Cr

0.0008% share

+63.23% YoY

1.23% of Sub-Ch. 6303

Imports

3.50 ₹ Cr

0.0001% share

−40.48% YoY

5.00% of Sub-Ch. 6303

FY 2021-22 Exp. Rank #3902

Balance

+27.83

Exports

33.50 ₹ Cr

0.0011% share

+96.02% YoY

2.71% of Sub-Ch. 6303

Imports

5.67 ₹ Cr

0.0001% share

+62.00% YoY

4.55% of Sub-Ch. 6303

FY 2022-23 Exp. Rank #4257

Balance

+19.02

Exports

27.98 ₹ Cr

0.0008% share

−16.48% YoY

2.64% of Sub-Ch. 6303

Imports

8.96 ₹ Cr

0.0002% share

+58.02% YoY

5.33% of Sub-Ch. 6303

FY 2023-24 Exp. Rank #4686

Balance

+13.53

Exports

21.36 ₹ Cr

0.0006% share

−23.66% YoY

2.20% of Sub-Ch. 6303

Imports

7.83 ₹ Cr

0.0001% share

−12.61% YoY

2.91% of Sub-Ch. 6303

FY 2024-25 Exp. Rank #4494

Balance

+13.23

Exports

26.52 ₹ Cr

0.0007% share

+24.16% YoY

2.45% of Sub-Ch. 6303

Imports

13.29 ₹ Cr

0.0002% share

+69.73% YoY

5.35% of Sub-Ch. 6303

CAGR · 7-Year

Exports

30.70% /yr

Imports

12.26% /yr

Consistently Surplus
Sub-Chapter 6303 total

reference, FY 2024-25

Export

₹1,084.08 Cr

Import

₹248.54 Cr

Trade Balance

+835.54

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

Key Trade Insights: HSN Code 63031200 Export-Import Analysis

Consistent Export Growth: 30.70% CAGR Over 7 Years

India's exports under HSN Code 63031200 have grown at a compound annual rate of 30.70% over 7 fiscal years, rising from ₹5.32 Crore in FY 2018-19 to ₹26.52 Crore in FY 2024-25.

HSN Code 63031200 Ranked #4494 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 63031200 ranks #4494 out of 12657 HSN codes by total export value. Within Sub-Chapter 6303, it ranks #4 of 7. By trade surplus, it ranks #3126 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 63031200 Exports

The strongest single-year export movement for HSN Code 63031200 was recorded in FY 2019-20, when exports surged by 96.80% over the prior year.

India Maintains a Trade Surplus of ₹13.23 Crore in HSN Code 63031200 Goods

In FY 2024-25, India's exports of ₹26.52 Cr exceeded imports of ₹13.29 Cr, resulting in a trade surplus of ₹13.23 Crore — ranking #3126 of 12657 by surplus magnitude.

Import Growth of 12.26% CAGR Signals Rising Demand for Knitted or Crocheted Textile Articles (Synthetic Fibres)

India's imports under HSN Code 63031200 have grown at 12.26% CAGR, reaching ₹13.29 Crore in FY 2024-25.

HSN Code 63031200 Contributes 2.45% of Sub-Chapter 6303 Exports — Ranked #4

Among the 7 HSN codes under Sub-Chapter 6303, HSN Code 63031200 ranks #4 by export value — accounting for 2.45% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.35% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 63031200 and GST compliance.

What products are classified under HSN 63031200 ?

It includes Other Textile Articles of Synthetic Fibres

How much GST applies to Knitted or Crocheted Textile Articles (Synthetic Fibres)?

Under HSN 63031200, Knitted or Crocheted Textile Articles (Synthetic Fibres) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Knitted or Crocheted Textile Articles (Synthetic Fibres)?

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.

Can we claim ITC on inputs used to trade Knitted or Crocheted Textile Articles (Synthetic Fibres)?

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 Knitted or Crocheted Textile Articles (Synthetic Fibres)?

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 Knitted or Crocheted Textile Articles (Synthetic Fibres)?

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 Knitted or Crocheted Textile Articles (Synthetic Fibres) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Knitted or Crocheted Textile Articles (Synthetic Fibres); Nil for exempt items if applicable).

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.