Export Decline: −23.15% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 5103 have declined at a compound annual rate of −23.15% over 7 fiscal years, falling from ₹95.12 Crore in FY 2018-19 to ₹19.59 Crore in FY 2024-25.
HSN Sub Chapter 5103 represents Waste of wool and animal hair under GST classification. This code helps businesses identify Waste of wool and animal hair correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 5103, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Waste of wool and animal hair.
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GST Rate for Waste of wool and animal hair under HSN Code 5103. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Waste of wool and animal hair.
Tariff HSN
Description
Noils of wool or of fine animal hair : Noils of wool
Tariff HSN
Description
Noils of wool or of fine animal hair : Other
Tariff HSN
Description
Other waste of wool or of fine animal hair : Waste of sheep's and lamb's wool
Tariff HSN
Description
Other waste of wool or of fine animal hair : Yarn waste
Tariff HSN
Description
Other waste of wool or of fine animal hair : Other
Tariff HSN
Description
Waste of coarse animal hair
India’s Exports
FY 2024-25₹20 Cr
0.0005% of India’s total exports
India’s Imports
FY 2024-25₹2 Cr
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹17 Cr
Surplus rank #463 of 1233 subchapters
% of Chapter 51
FY 2024-251.71%
Share of Chapter 51’s total exports in FY 2024-25
Import side: 0.09% of Chapter 51’s imports
Rank Within Chapter 51
FY 2024-25#7 of 13
Position by export value among subchapters in Chapter 51
Import-side rank: #9 of 13
At a glance
−23.15%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1004
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+123.06%
Peak Growth Year
FY 2021-22 · strongest single-year move
1.71%
Contribution to Ch. 51
Share of Chapter 51 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
+56.77
Exports
95.12 ₹ Cr
0.0041% share
— YoY
6.84% of Ch. 51
Imports
38.35 ₹ Cr
0.0011% share
— YoY
1.43% of Ch. 51
Balance
+40.44
Exports
51.17 ₹ Cr
0.0023% share
−46.20% YoY
4.51% of Ch. 51
Imports
10.73 ₹ Cr
0.0003% share
−72.02% YoY
0.52% of Ch. 51
Balance
+18.72
Exports
18.86 ₹ Cr
0.0009% share
−63.14% YoY
2.87% of Ch. 51
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−98.70% YoY
0.01% of Ch. 51
Balance
+41.55
Exports
42.07 ₹ Cr
0.0013% share
+123.06% YoY
4.18% of Ch. 51
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+271.43% YoY
0.02% of Ch. 51
Balance
+51.07
Exports
53.47 ₹ Cr
0.0015% share
+27.10% YoY
3.88% of Ch. 51
Imports
2.40 ₹ Cr
0.0000% share
+361.54% YoY
0.09% of Ch. 51
Balance
+22.16
Exports
27.48 ₹ Cr
0.0008% share
−48.61% YoY
2.01% of Ch. 51
Imports
5.32 ₹ Cr
0.0001% share
+121.67% YoY
0.21% of Ch. 51
Balance
+17.43
Exports
19.59 ₹ Cr
0.0005% share
−28.71% YoY
1.71% of Ch. 51
Imports
2.16 ₹ Cr
0.0000% share
−59.40% YoY
0.09% of Ch. 51
CAGR · 7-Year
Exports
−23.15% /yr
Imports
−38.09% /yr
reference, FY 2024-25
Export
₹1,142.39 Cr
Import
₹2,468.85 Cr
Trade Balance
−1,326.46
India's exports under HSN Sub-Chapter 5103 have declined at a compound annual rate of −23.15% over 7 fiscal years, falling from ₹95.12 Crore in FY 2018-19 to ₹19.59 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 5103 ranks #1004 out of 1233 subchapters by total export value. Within Chapter 51, it ranks #7 of 13. By trade surplus, it ranks #463 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 5103 was recorded in FY 2021-22, when exports surged by 123.06% over the prior year.
In FY 2024-25, India's exports of ₹19.59 Cr exceeded imports of ₹2.16 Cr, resulting in a trade surplus of ₹17.43 Crore — ranking #463 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 5103 have grown at −38.09% CAGR, reaching ₹2.16 Crore in FY 2024-25.
Among the 13 subchapters under Chapter 51, HSN Sub-Chapter 5103 ranks #7 by export value — accounting for 1.71% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.09% share (rank #9).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 5103 and GST compliance.
It includes Waste of wool and animal hair
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.
Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Waste of wool and animal hair 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.
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.