--- title: "HSN Code for Knitted Glass Fabrics | HSN 70111020 GST Rate" description: "Find HSN and GST Rates for 70111020 related to Knitted Glass Fabrics with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-70111020/" --- # HSN Code 70111020: Knitted Glass Fabrics - [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 7011: Glass Envelopes for Lamps](https://busy.in/hsn/sub-chapter-7011/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | For electric lighting : Glass envelopes for filament lamps | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 70111020 ? It includes Yarn of Glass Fibres ### How should mixed supplies be billed when Knitted Glass Fabrics is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Knitted Glass Fabrics; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Knitted Glass Fabrics? 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. ### How much GST applies to Knitted Glass Fabrics? Under HSN 70111020, Knitted Glass Fabrics attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Knitted Glass Fabrics? 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 Glass Fabrics? 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 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. ## India's trade performance: HSN Code 70111020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹13 Cr (+26.52% YoY) — 0.0004% of India's total exports - Imports: ₹7 Cr (+38.84% YoY) — 0.0001% of India's total imports - Trade balance: ₹7 Cr (Surplus); surplus rank #3579 of 12657 HSN codes - Share of Sub-Chapter 7011: 75.37% of its exports; import side 26.85% - Rank within Sub-Chapter 7011: #1 of 6 by export value; import-side #2 ### Key metrics - Export CAGR: 6.27% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5421 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +69.13% in FY 2023-24 - Contribution to Sub-Ch. 7011: 75.37% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 70111020 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. 7011 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7011 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 9.24 | 0.0004% | — | 49.57% | 4.13 | 0.0001% | — | 18.34% | +5.11 | #5073 | | FY 2019-20 | 6.43 | 0.0003% | −30.41% | 47.11% | 5.91 | 0.0002% | +43.10% | 27.80% | +0.52 | #5549 | | FY 2020-21 | 5.14 | 0.0002% | −20.06% | 34.15% | 8.95 | 0.0003% | +51.44% | 36.23% | −3.81 | #5903 | | FY 2021-22 | 3.96 | 0.0001% | −22.96% | 36.16% | 6.86 | 0.0002% | −23.35% | 27.10% | −2.90 | #6632 | | FY 2022-23 | 6.22 | 0.0002% | +57.07% | 52.98% | 8.51 | 0.0001% | +24.05% | 29.96% | −2.29 | #6219 | | FY 2023-24 | 10.52 | 0.0003% | +69.13% | 70.79% | 4.84 | 0.0001% | −43.13% | 21.89% | +5.68 | #5671 | | FY 2024-25 | 13.31 | 0.0004% | +26.52% | 75.37% | 6.72 | 0.0001% | +38.84% | 26.85% | +6.59 | #5421 | - CAGR (7-year): exports 6.27%/yr, imports 8.45%/yr (consistently Surplus) ## Key trade insights: HSN Code 70111020 export-import analysis ### Consistent export growth: 6.27% CAGR over 7 years India's exports under HSN Code 70111020 have grown at a compound annual rate of 6.27% over 7 fiscal years, rising from ₹9.24 Crore in FY 2018-19 to ₹13.31 Crore in FY 2024-25. ### HSN Code 70111020 ranked #5421 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 70111020 ranks #5421 out of 12657 HSN codes by total export value. Within Sub-Chapter 7011, it ranks #1 of 6. By trade surplus, it ranks #3579 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 70111020 exports The strongest single-year export movement for HSN Code 70111020 was recorded in FY 2023-24, when exports surged by 69.13% over the prior year. ### India maintains a trade surplus of ₹6.59 Crore in HSN Code 70111020 goods In FY 2024-25, India's exports of ₹13.31 Cr exceeded imports of ₹6.72 Cr, resulting in a trade surplus of ₹6.59 Crore — ranking #3579 of 12657 by surplus magnitude. ### Import growth of 8.45% CAGR signals stable import dependency for Knitted Glass Fabrics India's imports under HSN Code 70111020 have grown at 8.45% CAGR, reaching ₹6.72 Crore in FY 2024-25. ### HSN Code 70111020 contributes 75.37% of Sub-Chapter 7011 exports — ranked #1 Among the 6 HSN codes under Sub-Chapter 7011, HSN Code 70111020 ranks #1 by export value — accounting for 75.37% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 26.85% share (rank #2). ## Related HSN Codes in Sub-Chapter 7011 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 70111020: Knitted Glass Fabrics (this hsn code) | ₹13 Cr | | #2 | [HSN Code 70119090: Other Yarn of Glass Fibres](https://busy.in/hsn/hsn-70119090/) | ₹3 Cr | | #3 | [HSN Code 70111090: Other Glass Fabrics](https://busy.in/hsn/hsn-70111090/) | < ₹1 Crore | | #4 | [HSN Code 70111010: Woven Glass Fabrics](https://busy.in/hsn/hsn-70111010/) | < ₹1 Crore | | #5 | [HSN Code 70119010: Yarn of Glass Fibres](https://busy.in/hsn/hsn-70119010/) | < ₹1 Crore | | — | [HSN Code 70112000: Articles of Glass Fibres](https://busy.in/hsn/hsn-70112000/) | Nil |