HSN Code 70119010: Yarn of Glass Fibres

HSN Code 70119010 represents Yarn of Glass Fibres under GST classification. This code helps businesses identify Yarn of Glass Fibres correctly for billing, taxation, and trade. With HSN Code 70119010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Yarn of Glass Fibres.

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Description of Goods for HSN Code 70119010

HSN Code 70119010 relates to the following description.

Description of Goods

Other : Glass envelopes for electronic valves

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%

What does HSN Code 70119010 not include?

Yarn of Glass Fibres does not include products with the following descriptions.

India’s Trade Performance — HSN Code 70119010 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

< ₹1 Crore

+25.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+1,280.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7766 of 12657 HSN codes

% of Sub-Chapter 7011

FY 2024-25

0.28%

Share of Sub-Chapter 7011’s total exports in FY 2024-25

Import side: 2.76% of Sub-Chapter 7011’s imports

Rank Within Sub-Chapter 7011

FY 2024-25

#5 of 6

Position by export value among HSN codes in Sub-Chapter 7011

Import-side rank: #4 of 6

At a glance

16.50%

Export CAGR

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

#10034

National Export Rank

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

+700.00%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.28%

Contribution to Sub-Ch. 7011

Share of Sub-Chapter 7011 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 70119010

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 #9774

Balance

−0.01

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.11% of Sub-Ch. 7011

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.13% of Sub-Ch. 7011

FY 2019-20 Exp. Rank #8954

Balance

+0.14

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+700.00% YoY

1.17% of Sub-Ch. 7011

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−33.33% YoY

0.09% of Sub-Ch. 7011

FY 2020-21

Balance

−0.02

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7011

Imports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.08% of Sub-Ch. 7011

FY 2021-22 Exp. Rank #9497

Balance

+0.09

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

1.00% of Sub-Ch. 7011

Imports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.08% of Sub-Ch. 7011

FY 2022-23 Exp. Rank #9050

Balance

+0.29

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+172.73% YoY

2.56% of Sub-Ch. 7011

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−50.00% YoY

0.04% of Sub-Ch. 7011

FY 2023-24 Exp. Rank #10146

Balance

−0.01

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−86.67% YoY

0.27% of Sub-Ch. 7011

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+400.00% YoY

0.23% of Sub-Ch. 7011

FY 2024-25 Exp. Rank #10034

Balance

−0.64

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+25.00% YoY

0.28% of Sub-Ch. 7011

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+1,280.00% YoY

2.76% of Sub-Ch. 7011

CAGR · 7-Year

Exports

16.50% /yr

Imports

68.64% /yr

Consistently Deficit
Sub-Chapter 7011 total

reference, FY 2024-25

Export

₹17.66 Cr

Import

₹25.03 Cr

Trade Balance

−7.37

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

Key Trade Insights: HSN Code 70119010 Export-Import Analysis

Consistent Export Growth: 16.50% CAGR Over 7 Years

India's exports under HSN Code 70119010 have grown at a compound annual rate of 16.50% over 7 fiscal years, rising from ₹0.02 Crore in FY 2018-19 to ₹0.05 Crore in FY 2024-25.

HSN Code 70119010 Ranked #10034 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 70119010 ranks #10034 out of 12657 HSN codes by total export value. Within Sub-Chapter 7011, it ranks #5 of 6. By trade surplus, it ranks #7766 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 70119010 Exports

The strongest single-year export movement for HSN Code 70119010 was recorded in FY 2019-20, when exports surged by 700.00% over the prior year.

India Records a Trade Deficit of ₹0.64 Crore in HSN Code 70119010 Goods

In FY 2024-25, India's imports of ₹0.69 Cr exceeded exports of ₹0.05 Cr, resulting in a trade deficit of ₹0.64 Crore — ranking #7766 of 12657 by surplus magnitude.

Import Growth of 68.64% CAGR Signals Rising Demand for Yarn of Glass Fibres

India's imports under HSN Code 70119010 have grown at 68.64% CAGR, reaching ₹0.69 Crore in FY 2024-25.

HSN Code 70119010 Contributes 0.28% of Sub-Chapter 7011 Exports — Ranked #5

Among the 6 HSN codes under Sub-Chapter 7011, HSN Code 70119010 ranks #5 by export value — accounting for 0.28% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.76% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 70119010 and GST compliance.

What products are classified under HSN 70119010 ?

It includes Mineral Wool (Rock Wool)

Can we claim ITC on inputs used to trade Yarn of Glass Fibres?

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 Yarn of Glass Fibres?

Under HSN 70119010, Yarn of Glass Fibres attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Yarn of Glass Fibres?

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 should mixed supplies be billed when Yarn of Glass Fibres is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Yarn of Glass Fibres; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Yarn of Glass 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.

Any common misclassification issue with Yarn of Glass Fibres?

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

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.