5007 HSN Code: Woven fabrics of silk or silk waste

HSN Sub Chapter 5007 represents Woven fabrics of silk or silk waste under GST classification. This code helps businesses identify Woven fabrics of silk or silk waste correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 5007, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Woven fabrics of silk or silk waste.

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New GST Rate for HSN Code 5007

GST Rate for Woven fabrics of silk or silk waste under HSN Code 5007. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

50

HSN Code

5007

HSN Description

Woven fabrics of silk or of silk waste

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 5007

Following tariff HSN codes fall under Woven fabrics of silk or silk waste.

Tariff HSN

50071000

Description

Fabrics of noil silk

Tariff HSN

50072010

Description

Other fabrics, containing 85% or more by weight of silk or of silk waste other than noil silk : Sarees

Tariff HSN

50072090

Description

Other fabrics, containing 85% or more by weight of silk or of silk waste other than noil silk : Other

Tariff HSN

50079010

Description

Other : Of Handloom woven

Tariff HSN

50079090

Description

Other : Other fabrics

India’s Trade Performance — HSN Sub-Chapter 5007 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

₹1,043 Cr

+58.14% vs FY 2023-24

0.0282% of India’s total exports

India’s Imports

FY 2024-25

₹295 Cr

+3.33% vs FY 2023-24

0.0048% of India’s total imports

Trade Balance

FY 2024-25

₹748 Cr

Trade Surplus

Surplus rank #214 of 1233 subchapters

% of Chapter 50

FY 2024-25

75.84%

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

Import side: 19.70% of Chapter 50’s imports

Rank Within Chapter 50

FY 2024-25

#1 of 7

Position by export value among subchapters in Chapter 50

Import-side rank: #2 of 7

At a glance

15.58%

Export CAGR

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

#378

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+58.14%

Peak Growth Year

FY 2024-25 · strongest single-year move

75.84%

Contribution to Ch. 50

Share of Chapter 50 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 5007

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 #446

Balance

+210.52

Exports

437.43 ₹ Cr

0.0191% share

— YoY

73.95% of Ch. 50

Imports

226.91 ₹ Cr

0.0063% share

— YoY

15.99% of Ch. 50

FY 2019-20 Exp. Rank #420

Balance

+260.61

Exports

480.30 ₹ Cr

0.0217% share

+9.80% YoY

80.67% of Ch. 50

Imports

219.69 ₹ Cr

0.0065% share

−3.18% YoY

14.75% of Ch. 50

FY 2020-21 Exp. Rank #470

Balance

+308.12

Exports

406.22 ₹ Cr

0.0189% share

−15.42% YoY

69.30% of Ch. 50

Imports

98.10 ₹ Cr

0.0034% share

−55.35% YoY

13.37% of Ch. 50

FY 2021-22 Exp. Rank #436

Balance

+415.22

Exports

605.65 ₹ Cr

0.0193% share

+49.09% YoY

69.85% of Ch. 50

Imports

190.43 ₹ Cr

0.0042% share

+94.12% YoY

17.24% of Ch. 50

FY 2022-23 Exp. Rank #469

Balance

+347.73

Exports

594.33 ₹ Cr

0.0164% share

−1.87% YoY

73.17% of Ch. 50

Imports

246.60 ₹ Cr

0.0043% share

+29.50% YoY

11.34% of Ch. 50

FY 2023-24 Exp. Rank #459

Balance

+374.37

Exports

659.55 ₹ Cr

0.0182% share

+10.97% YoY

64.20% of Ch. 50

Imports

285.18 ₹ Cr

0.0051% share

+15.64% YoY

16.52% of Ch. 50

FY 2024-25 Exp. Rank #378

Balance

+748.30

Exports

1,042.99 ₹ Cr

0.0282% share

+58.14% YoY

75.84% of Ch. 50

Imports

294.69 ₹ Cr

0.0048% share

+3.33% YoY

19.70% of Ch. 50

CAGR · 7-Year

Exports

15.58% /yr

Imports

4.45% /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 5007 Export-Import Analysis

Consistent Export Growth: 15.58% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 5007 have grown at a compound annual rate of 15.58% over 7 fiscal years, rising from ₹437.43 Crore in FY 2018-19 to ₹1,042.99 Crore in FY 2024-25.

HSN Sub-Chapter 5007 Ranked #378 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 5007 ranks #378 out of 1233 subchapters by total export value. Within Chapter 50, it ranks #1 of 7. By trade surplus, it ranks #214 of 1233.

FY 2024-25 Was the Strongest Growth Year for HSN Sub-Chapter 5007 Exports

The strongest single-year export movement for HSN Sub-Chapter 5007 was recorded in FY 2024-25, when exports surged by 58.14% over the prior year.

India Maintains a Trade Surplus of ₹748.30 Crore in HSN Sub-Chapter 5007 Goods

In FY 2024-25, India's exports of ₹1,042.99 Cr exceeded imports of ₹294.69 Cr, resulting in a trade surplus of ₹748.30 Crore — ranking #214 of 1233 by surplus magnitude.

Import Growth of 4.45% CAGR Signals Stable Import Dependency for Woven fabrics of silk or silk waste

India's imports under HSN Sub-Chapter 5007 have grown at 4.45% CAGR, reaching ₹294.69 Crore in FY 2024-25.

HSN Sub-Chapter 5007 Contributes 75.84% of Chapter 50 Exports — Ranked #1

Among the 7 subchapters under Chapter 50, HSN Sub-Chapter 5007 ranks #1 by export value — accounting for 75.84% of the chapter's total exports in FY 2024-25. On the import side, it holds 19.70% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 5007 and GST compliance.

What products are classified under HSN 5007

It includes Woven fabrics of silk or silk waste

If I repair and return Woven fabrics of silk or silk waste, how should I charge GST?

Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.

What are the e‑way bill and e‑invoice points while moving Woven fabrics of silk or silk waste?

Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.

What should my invoice and records include for Woven fabrics of silk or silk waste?

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.

How should I document Woven fabrics of silk or silk waste sent for job work?

Use a delivery challan for sending Woven fabrics of silk or silk waste 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.

How are warranty replacements of Woven fabrics of silk or silk waste handled?

If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.

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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