HSN Code 70101000 represents Glass Fibres and Filaments under GST classification. This code helps businesses identify Glass Fibres and Filaments correctly for billing, taxation, and trade. With HSN Code 70101000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Glass Fibres and Filaments.
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HSN Code 70101000 relates to the following description.
Description of Goods
Ampoules
Chapter
70 - Glass and glassware
Sub Chapter
7010 - Carboys, bottles, flasks, jars, pots, phials, ampoules and other containers, of glass, of a kind used for the conveyance or packing of goods; preserving jars of glass; stoppers, lids and other closures, of glass
CGST
9%
SGST
9%
IGST
18%
CESS
0%
Glass Fibres and Filaments does not include products with the following descriptions.
Stoppers, lids and other closures
Other
India’s Exports
FY 2024-25₹164 Cr
0.0045% of India’s total exports
India’s Imports
FY 2024-25₹115 Cr
0.0019% of India’s total imports
Trade Balance
FY 2024-25₹50 Cr
Surplus rank #2168 of 12657 HSN codes
% of Sub-Chapter 7010
FY 2024-254.48%
Share of Sub-Chapter 7010’s total exports in FY 2024-25
Import side: 11.42% of Sub-Chapter 7010’s imports
Rank Within Sub-Chapter 7010
FY 2024-25#2 of 3
Position by export value among HSN codes in Sub-Chapter 7010
Import-side rank: #2 of 3
At a glance
14.99%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#2060
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+30.09%
Peak Growth Year
FY 2021-22 · strongest single-year move
4.48%
Contribution to Sub-Ch. 7010
Share of Sub-Chapter 7010 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+24.85
Exports
71.02 ₹ Cr
0.0031% share
— YoY
4.21% of Sub-Ch. 7010
Imports
46.17 ₹ Cr
0.0013% share
— YoY
9.65% of Sub-Ch. 7010
Balance
+16.07
Exports
73.73 ₹ Cr
0.0033% share
+3.82% YoY
4.47% of Sub-Ch. 7010
Imports
57.66 ₹ Cr
0.0017% share
+24.89% YoY
9.13% of Sub-Ch. 7010
Balance
+4.80
Exports
85.31 ₹ Cr
0.0040% share
+15.71% YoY
4.68% of Sub-Ch. 7010
Imports
80.51 ₹ Cr
0.0028% share
+39.63% YoY
12.68% of Sub-Ch. 7010
Balance
−2.88
Exports
110.98 ₹ Cr
0.0035% share
+30.09% YoY
4.69% of Sub-Ch. 7010
Imports
113.86 ₹ Cr
0.0025% share
+41.42% YoY
16.20% of Sub-Ch. 7010
Balance
+49.01
Exports
131.37 ₹ Cr
0.0036% share
+18.37% YoY
4.45% of Sub-Ch. 7010
Imports
82.36 ₹ Cr
0.0014% share
−27.67% YoY
12.89% of Sub-Ch. 7010
Balance
+62.02
Exports
157.64 ₹ Cr
0.0044% share
+20.00% YoY
4.51% of Sub-Ch. 7010
Imports
95.62 ₹ Cr
0.0017% share
+16.10% YoY
11.29% of Sub-Ch. 7010
Balance
+49.58
Exports
164.18 ₹ Cr
0.0045% share
+4.15% YoY
4.48% of Sub-Ch. 7010
Imports
114.60 ₹ Cr
0.0019% share
+19.85% YoY
11.42% of Sub-Ch. 7010
CAGR · 7-Year
Exports
14.99% /yr
Imports
16.36% /yr
reference, FY 2024-25
Export
₹3,666.94 Cr
Import
₹1,003.91 Cr
Trade Balance
+2,663.03
India's exports under HSN Code 70101000 have grown at a compound annual rate of 14.99% over 7 fiscal years, rising from ₹71.02 Crore in FY 2018-19 to ₹164.18 Crore in FY 2024-25.
In FY 2024-25, HSN Code 70101000 ranks #2060 out of 12657 HSN codes by total export value. Within Sub-Chapter 7010, it ranks #2 of 3. By trade surplus, it ranks #2168 of 12657.
The strongest single-year export movement for HSN Code 70101000 was recorded in FY 2021-22, when exports surged by 30.09% over the prior year.
In FY 2024-25, India's exports of ₹164.18 Cr exceeded imports of ₹114.60 Cr, resulting in a trade surplus of ₹49.58 Crore — ranking #2168 of 12657 by surplus magnitude.
India's imports under HSN Code 70101000 have grown at 16.36% CAGR, reaching ₹114.60 Crore in FY 2024-25.
Among the 3 HSN codes under Sub-Chapter 7010, HSN Code 70101000 ranks #2 by export value — accounting for 4.48% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 11.42% share (rank #2).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 70101000 and GST compliance.
It includes Woven Glass Fabrics
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Glass Fibres and Filaments; Nil for exempt items if applicable).
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.
Under HSN 70101000, Glass Fibres and Filaments attracts Varies when sold in taxable form. Describe the exact form on the invoice.