HSN Code 63101020: Looms for Textile Manufacturing

HSN Code 63101020 represents Looms for Textile Manufacturing under GST classification. This code helps businesses identify Looms for Textile Manufacturing correctly for billing, taxation, and trade. With HSN Code 63101020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Looms for Textile Manufacturing.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 63101020

HSN Code 63101020 relates to the following description.

Description of Goods

Sorted : Cotton rags (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

6310 - Used or new rags, scrap twine, cordage, rope and cables and worn out articles of twine, cordage, rope or cables, of textile materials

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

Description of Goods

Sorted : Cotton rags

Chapter

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

Sub Chapter

6310 - Used or new rags, scrap twine, cordage, rope and cables and worn out articles of twine, cordage, rope or cables, of textile materials

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 63101020 not include?

Looms for Textile Manufacturing does not include products with the following descriptions.

India’s Trade Performance — HSN Code 63101020 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

₹56 Cr

−14.76% vs FY 2023-24

0.0015% of India’s total exports

India’s Imports

FY 2024-25

₹1,054 Cr

+4.14% vs FY 2023-24

0.0173% of India’s total imports

Trade Balance

FY 2024-25

−₹998 Cr

Trade Deficit

Surplus rank #12207 of 12657 HSN codes

% of Sub-Chapter 6310

FY 2024-25

29.34%

Share of Sub-Chapter 6310’s total exports in FY 2024-25

Import side: 47.17% of Sub-Chapter 6310’s imports

Rank Within Sub-Chapter 6310

FY 2024-25

#2 of 9

Position by export value among HSN codes in Sub-Chapter 6310

Import-side rank: #1 of 9

At a glance

−2.89%

Export CAGR

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

#3470

National Export Rank

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

+23.44%

Peak Growth Year

FY 2022-23 · strongest single-year move

29.34%

Contribution to Sub-Ch. 6310

Share of Sub-Chapter 6310 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 63101020

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 #2489

Balance

−197.42

Exports

66.71 ₹ Cr

0.0029% share

— YoY

30.85% of Sub-Ch. 6310

Imports

264.13 ₹ Cr

0.0074% share

— YoY

25.64% of Sub-Ch. 6310

FY 2019-20 Exp. Rank #2626

Balance

−524.03

Exports

60.73 ₹ Cr

0.0028% share

−8.96% YoY

31.52% of Sub-Ch. 6310

Imports

584.76 ₹ Cr

0.0175% share

+121.39% YoY

41.49% of Sub-Ch. 6310

FY 2020-21 Exp. Rank #2759

Balance

−545.87

Exports

56.43 ₹ Cr

0.0026% share

−7.08% YoY

35.74% of Sub-Ch. 6310

Imports

602.30 ₹ Cr

0.0207% share

+3.00% YoY

45.99% of Sub-Ch. 6310

FY 2021-22 Exp. Rank #3052

Balance

−827.58

Exports

62.71 ₹ Cr

0.0020% share

+11.13% YoY

29.23% of Sub-Ch. 6310

Imports

890.29 ₹ Cr

0.0195% share

+47.82% YoY

51.18% of Sub-Ch. 6310

FY 2022-23 Exp. Rank #2888

Balance

−1,075.06

Exports

77.41 ₹ Cr

0.0021% share

+23.44% YoY

27.36% of Sub-Ch. 6310

Imports

1,152.47 ₹ Cr

0.0200% share

+29.45% YoY

53.60% of Sub-Ch. 6310

FY 2023-24 Exp. Rank #3160

Balance

−946.16

Exports

65.63 ₹ Cr

0.0018% share

−15.22% YoY

29.40% of Sub-Ch. 6310

Imports

1,011.79 ₹ Cr

0.0180% share

−12.21% YoY

46.57% of Sub-Ch. 6310

FY 2024-25 Exp. Rank #3470

Balance

−997.74

Exports

55.94 ₹ Cr

0.0015% share

−14.76% YoY

29.34% of Sub-Ch. 6310

Imports

1,053.68 ₹ Cr

0.0173% share

+4.14% YoY

47.17% of Sub-Ch. 6310

CAGR · 7-Year

Exports

−2.89% /yr

Imports

25.94% /yr

Consistently Deficit
Sub-Chapter 6310 total

reference, FY 2024-25

Export

₹190.69 Cr

Import

₹2,234.03 Cr

Trade Balance

−2,043.34

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

Key Trade Insights: HSN Code 63101020 Export-Import Analysis

Export Decline: −2.89% CAGR Over 7 Years

India's exports under HSN Code 63101020 have declined at a compound annual rate of −2.89% over 7 fiscal years, falling from ₹66.71 Crore in FY 2018-19 to ₹55.94 Crore in FY 2024-25.

HSN Code 63101020 Ranked #3470 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 63101020 ranks #3470 out of 12657 HSN codes by total export value. Within Sub-Chapter 6310, it ranks #2 of 9. By trade surplus, it ranks #12207 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 63101020 Exports

The strongest single-year export movement for HSN Code 63101020 was recorded in FY 2022-23, when exports surged by 23.44% over the prior year.

India Records a Trade Deficit of ₹997.74 Crore in HSN Code 63101020 Goods

In FY 2024-25, India's imports of ₹1,053.68 Cr exceeded exports of ₹55.94 Cr, resulting in a trade deficit of ₹997.74 Crore — ranking #12207 of 12657 by surplus magnitude.

Import Growth of 25.94% CAGR Signals Rising Demand for Looms for Textile Manufacturing

India's imports under HSN Code 63101020 have grown at 25.94% CAGR, reaching ₹1,053.68 Crore in FY 2024-25.

HSN Code 63101020 Contributes 29.34% of Sub-Chapter 6310 Exports — Ranked #2

Among the 9 HSN codes under Sub-Chapter 6310, HSN Code 63101020 ranks #2 by export value — accounting for 29.34% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 47.17% share (rank #1).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 63101020 and GST compliance.

What products are classified under HSN 63101020 ?

It includes Parts for Textile Machinery

Do e‑way bill and e‑invoice apply for Looms for Textile Manufacturing?

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.

Does packaging or labelling change the GST for Looms for Textile Manufacturing?

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 Looms for Textile Manufacturing?

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

Can we claim ITC on inputs used to trade Looms for Textile Manufacturing?

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 Looms for Textile Manufacturing?

Under HSN 63101020, Looms for Textile Manufacturing 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.