HSN Code 70111020 represents Knitted Glass Fabrics under GST classification. This code helps businesses identify Knitted Glass Fabrics correctly for billing, taxation, and trade. With HSN Code 70111020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Knitted Glass Fabrics.
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HSN Code 70111020 relates to the following description.
Description of Goods
For electric lighting : Glass envelopes for filament lamps
Chapter
70 - Glass and glassware
Sub Chapter
7011 - Glass envelopes (including bulbs and tubes), open, and glass parts thereof, without fittings, for electric lamps and light sources, cathode-ray tubes or the like
CGST
9%
SGST
9%
IGST
18%
CESS
0%
Knitted Glass Fabrics does not include products with the following descriptions.
For electric lighting : Glass envelopes for fluorescent lamps
For electric lighting : Other
For cathode-ray tubes
Other : Glass envelopes for electronic valves
Other : Other
India’s Exports
FY 2024-25₹13 Cr
0.0004% of India’s total exports
India’s Imports
FY 2024-25₹7 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25₹7 Cr
Surplus rank #3579 of 12657 HSN codes
% of Sub-Chapter 7011
FY 2024-2575.37%
Share of Sub-Chapter 7011’s total exports in FY 2024-25
Import side: 26.85% of Sub-Chapter 7011’s imports
Rank Within Sub-Chapter 7011
FY 2024-25#1 of 6
Position by export value among HSN codes in Sub-Chapter 7011
Import-side rank: #2 of 6
At a glance
6.27%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#5421
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+69.13%
Peak Growth Year
FY 2023-24 · strongest single-year move
75.37%
Contribution to Sub-Ch. 7011
Share of Sub-Chapter 7011 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
+5.11
Exports
9.24 ₹ Cr
0.0004% share
— YoY
49.57% of Sub-Ch. 7011
Imports
4.13 ₹ Cr
0.0001% share
— YoY
18.34% of Sub-Ch. 7011
Balance
+0.52
Exports
6.43 ₹ Cr
0.0003% share
−30.41% YoY
47.11% of Sub-Ch. 7011
Imports
5.91 ₹ Cr
0.0002% share
+43.10% YoY
27.80% of Sub-Ch. 7011
Balance
−3.81
Exports
5.14 ₹ Cr
0.0002% share
−20.06% YoY
34.15% of Sub-Ch. 7011
Imports
8.95 ₹ Cr
0.0003% share
+51.44% YoY
36.23% of Sub-Ch. 7011
Balance
−2.90
Exports
3.96 ₹ Cr
0.0001% share
−22.96% YoY
36.16% of Sub-Ch. 7011
Imports
6.86 ₹ Cr
0.0002% share
−23.35% YoY
27.10% of Sub-Ch. 7011
Balance
−2.29
Exports
6.22 ₹ Cr
0.0002% share
+57.07% YoY
52.98% of Sub-Ch. 7011
Imports
8.51 ₹ Cr
0.0001% share
+24.05% YoY
29.96% of Sub-Ch. 7011
Balance
+5.68
Exports
10.52 ₹ Cr
0.0003% share
+69.13% YoY
70.79% of Sub-Ch. 7011
Imports
4.84 ₹ Cr
0.0001% share
−43.13% YoY
21.89% of Sub-Ch. 7011
Balance
+6.59
Exports
13.31 ₹ Cr
0.0004% share
+26.52% YoY
75.37% of Sub-Ch. 7011
Imports
6.72 ₹ Cr
0.0001% share
+38.84% YoY
26.85% of Sub-Ch. 7011
CAGR · 7-Year
Exports
6.27% /yr
Imports
8.45% /yr
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.
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.
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.
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.
India's imports under HSN Code 70111020 have grown at 8.45% CAGR, reaching ₹6.72 Crore in FY 2024-25.
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).
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 70111020 and GST compliance.
It includes Yarn of Glass Fibres
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).
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.
Under HSN 70111020, Knitted Glass Fabrics attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.