5003 HSN Code: Silk waste products

HSN Sub Chapter 5003 represents Silk waste products under GST classification. This code helps businesses identify Silk waste products correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 5003, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Silk waste products.

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New GST Rate for HSN Code 5003

GST Rate for Silk waste products under HSN Code 5003. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

50

HSN Code

5003

HSN Description

Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)

New GST Rate

0 %
Exempted

Old GST Rate

0 %

Tariff HSN Codes under HSN Sub Chapter 5003

Following tariff HSN codes fall under Silk waste products.

Tariff HSN

50030010

Description

Silk waste (including cocoons unsuitable for reeling, yarn waste and garneted stock) : Mulberry silk waste

Tariff HSN

50030020

Description

Tussar silk waste

Tariff HSN

50030030

Description

Silk waste (including cocoons unsuitable for reeling, yarn waste and garneted stock) : Eri waste

Tariff HSN

50030040

Description

Silk waste (including cocoons unsuitable for reeling, yarn waste and garneted stock) : Munga waste

Tariff HSN

50030090

Description

Silk waste (including cocoons unsuitable for reeling, yarn waste and garneted stock) : Other

Tariff HSN

50031010

Description

Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock) not carded or combed mulberry silk waste

Tariff HSN

50031020

Description

Silk waste (including cocoons unsuitable for reeling, yarn waste and garneted stock) : Tussar silk waste

Tariff HSN

50031090

Description

Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock) not carded or combed other

Tariff HSN

50039010

Description

Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock) - other : mulberry silk waste

Tariff HSN

50039020

Description

Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock) - other : tussar waste

Tariff HSN

50039030

Description

Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock) - other : eri waste

Tariff HSN

50039040

Description

Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock) - other : munga waste

Tariff HSN

50039090

Description

Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock) - other : other

India’s Trade Performance — HSN Sub-Chapter 5003 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

₹265 Cr

−16.68% vs FY 2023-24

0.0071% of India’s total exports

India’s Imports

FY 2024-25

₹13 Cr

−11.15% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

₹252 Cr

Trade Surplus

Surplus rank #308 of 1233 subchapters

% of Chapter 50

FY 2024-25

19.25%

Share of Chapter 50’s total exports in FY 2024-25

Import side: 0.84% of Chapter 50’s imports

Rank Within Chapter 50

FY 2024-25

#2 of 7

Position by export value among subchapters in Chapter 50

Import-side rank: #5 of 7

At a glance

12.67%

Export CAGR

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

#649

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+77.28%

Peak Growth Year

FY 2023-24 · strongest single-year move

19.25%

Contribution to Ch. 50

Share of Chapter 50 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 5003

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 #674

Balance

+93.02

Exports

129.39 ₹ Cr

0.0056% share

— YoY

21.87% of Ch. 50

Imports

36.37 ₹ Cr

0.0010% share

— YoY

2.56% of Ch. 50

FY 2019-20 Exp. Rank #725

Balance

+80.27

Exports

98.31 ₹ Cr

0.0045% share

−24.02% YoY

16.51% of Ch. 50

Imports

18.04 ₹ Cr

0.0005% share

−50.40% YoY

1.21% of Ch. 50

FY 2020-21 Exp. Rank #655

Balance

+147.79

Exports

150.74 ₹ Cr

0.0070% share

+53.33% YoY

25.71% of Ch. 50

Imports

2.95 ₹ Cr

0.0001% share

−83.65% YoY

0.40% of Ch. 50

FY 2021-22 Exp. Rank #654

Balance

+202.80

Exports

208.76 ₹ Cr

0.0067% share

+38.49% YoY

24.08% of Ch. 50

Imports

5.96 ₹ Cr

0.0001% share

+102.03% YoY

0.54% of Ch. 50

FY 2022-23 Exp. Rank #702

Balance

+170.40

Exports

179.19 ₹ Cr

0.0049% share

−14.16% YoY

22.06% of Ch. 50

Imports

8.79 ₹ Cr

0.0002% share

+47.48% YoY

0.40% of Ch. 50

FY 2023-24 Exp. Rank #609

Balance

+303.49

Exports

317.66 ₹ Cr

0.0088% share

+77.28% YoY

30.92% of Ch. 50

Imports

14.17 ₹ Cr

0.0003% share

+61.21% YoY

0.82% of Ch. 50

FY 2024-25 Exp. Rank #649

Balance

+252.08

Exports

264.67 ₹ Cr

0.0071% share

−16.68% YoY

19.25% of Ch. 50

Imports

12.59 ₹ Cr

0.0002% share

−11.15% YoY

0.84% of Ch. 50

CAGR · 7-Year

Exports

12.67% /yr

Imports

−16.21% /yr

Consistently Surplus
Chapter 50 total

reference, FY 2024-25

Export

₹1,375.23 Cr

Import

₹1,496.12 Cr

Trade Balance

−120.89

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

Key Trade Insights: HSN Sub-Chapter 5003 Export-Import Analysis

Consistent Export Growth: 12.67% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 5003 have grown at a compound annual rate of 12.67% over 7 fiscal years, rising from ₹129.39 Crore in FY 2018-19 to ₹264.67 Crore in FY 2024-25.

HSN Sub-Chapter 5003 Ranked #649 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 5003 ranks #649 out of 1233 subchapters by total export value. Within Chapter 50, it ranks #2 of 7. By trade surplus, it ranks #308 of 1233.

FY 2023-24 Was the Strongest Growth Year for HSN Sub-Chapter 5003 Exports

The strongest single-year export movement for HSN Sub-Chapter 5003 was recorded in FY 2023-24, when exports surged by 77.28% over the prior year.

India Maintains a Trade Surplus of ₹252.08 Crore in HSN Sub-Chapter 5003 Goods

In FY 2024-25, India's exports of ₹264.67 Cr exceeded imports of ₹12.59 Cr, resulting in a trade surplus of ₹252.08 Crore — ranking #308 of 1233 by surplus magnitude.

Import Growth of −16.21% CAGR Signals Stable Import Dependency for Silk waste products

India's imports under HSN Sub-Chapter 5003 have grown at −16.21% CAGR, reaching ₹12.59 Crore in FY 2024-25.

HSN Sub-Chapter 5003 Contributes 19.25% of Chapter 50 Exports — Ranked #2

Among the 7 subchapters under Chapter 50, HSN Sub-Chapter 5003 ranks #2 by export value — accounting for 19.25% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.84% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 5003 and GST compliance.

What products are classified under HSN 5003

It includes Silk waste products

How should I document Silk waste products sent for job work?

Use a delivery challan for sending Silk waste products to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.

What should my invoice and records include for Silk waste products?

Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.

Does packaging or branding change how GST applies to Silk waste products?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Silk waste products is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.

How do I bill a kit or combo that includes Silk waste products?

Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.

Any special steps when selling Silk waste products through an e‑commerce platform?

Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.

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.

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