--- title: "HSN Code for Wollastonite Fibres | HSN 70102000 GST Rate" description: "Find HSN and GST Rates for 70102000 related to Wollastonite Fibres with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-70102000/" --- # HSN Code 70102000: Wollastonite Fibres - [Section 13: Guide to HSN Section 13](https://busy.in/hsn/section-13/) - [Chapter 70: Glass & Glassware](https://busy.in/hsn/chapter-70/) - [Sub-chapter 7010: Glass containers & closures](https://busy.in/hsn/sub-chapter-7010/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Stoppers, lids and other closures | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 70102000 ? It includes Knitted Glass Fabrics ### How should mixed supplies be billed when Wollastonite Fibres is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Wollastonite Fibres; Nil for exempt items if applicable). ### How much GST applies to Wollastonite Fibres? Under HSN 70102000, Wollastonite Fibres attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Wollastonite Fibres? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Any common misclassification issue with Wollastonite Fibres? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Does packaging or labelling change the GST for Wollastonite 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. ## India's trade performance: HSN Code 70102000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹14 Cr (+78.24% YoY) — 0.0004% of India's total exports - Imports: ₹18 Cr (−35.82% YoY) — 0.0003% of India's total imports - Trade balance: −₹4 Cr (Deficit); surplus rank #8491 of 12657 HSN codes - Share of Sub-Chapter 7010: 0.38% of its exports; import side 1.79% - Rank within Sub-Chapter 7010: #3 of 3 by export value; import-side #3 ### Key metrics - Export CAGR: 25.77% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5357 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +78.24% in FY 2024-25 - Contribution to Sub-Ch. 7010: 0.38% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 70102000 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 7010 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7010 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 3.54 | 0.0002% | — | 0.21% | 31.54 | 0.0009% | — | 6.60% | −28.00 | #6285 | | FY 2019-20 | 4.73 | 0.0002% | +33.62% | 0.29% | 20.77 | 0.0006% | −34.15% | 3.29% | −16.04 | #5927 | | FY 2020-21 | 6.42 | 0.0003% | +35.73% | 0.35% | 28.52 | 0.0010% | +37.31% | 4.49% | −22.10 | #5623 | | FY 2021-22 | 5.54 | 0.0002% | −13.71% | 0.23% | 44.30 | 0.0010% | +55.33% | 6.30% | −38.76 | #6227 | | FY 2022-23 | 7.02 | 0.0002% | +26.71% | 0.24% | 29.77 | 0.0005% | −32.80% | 4.66% | −22.75 | #6077 | | FY 2023-24 | 7.86 | 0.0002% | +11.97% | 0.22% | 28.03 | 0.0005% | −5.84% | 3.31% | −20.17 | #6024 | | FY 2024-25 | 14.01 | 0.0004% | +78.24% | 0.38% | 17.99 | 0.0003% | −35.82% | 1.79% | −3.98 | #5357 | - CAGR (7-year): exports 25.77%/yr, imports -8.93%/yr (consistently Deficit) ## Key trade insights: HSN Code 70102000 export-import analysis ### Consistent export growth: 25.77% CAGR over 7 years India's exports under HSN Code 70102000 have grown at a compound annual rate of 25.77% over 7 fiscal years, rising from ₹3.54 Crore in FY 2018-19 to ₹14.01 Crore in FY 2024-25. ### HSN Code 70102000 ranked #5357 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 70102000 ranks #5357 out of 12657 HSN codes by total export value. Within Sub-Chapter 7010, it ranks #3 of 3. By trade surplus, it ranks #8491 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 70102000 exports The strongest single-year export movement for HSN Code 70102000 was recorded in FY 2024-25, when exports surged by 78.24% over the prior year. ### India records a trade deficit of ₹3.98 Crore in HSN Code 70102000 goods In FY 2024-25, India's imports of ₹17.99 Cr exceeded exports of ₹14.01 Cr, resulting in a trade deficit of ₹3.98 Crore — ranking #8491 of 12657 by surplus magnitude. ### Import growth of -8.93% CAGR signals stable import dependency for Wollastonite Fibres India's imports under HSN Code 70102000 have grown at -8.93% CAGR, reaching ₹17.99 Crore in FY 2024-25. ### HSN Code 70102000 contributes 0.38% of Sub-Chapter 7010 exports — ranked #3 Among the 3 HSN codes under Sub-Chapter 7010, HSN Code 70102000 ranks #3 by export value — accounting for 0.38% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.79% share (rank #3). ## Related HSN Codes in Sub-Chapter 7010 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 70109000: Other Glass Fibres and Articles](https://busy.in/hsn/hsn-70109000/) | ₹3,489 Cr | | #2 | [HSN Code 70101000: Glass Fibres and Filaments](https://busy.in/hsn/hsn-70101000/) | ₹164 Cr | | #3 | HSN Code 70102000: Wollastonite Fibres (this hsn code) | ₹14 Cr |