5301 HSN Code: Raw flax & flax waste

HSN Sub Chapter 5301 represents Raw flax & flax waste under GST classification. This code helps businesses identify Raw flax & flax waste correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 5301, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Raw flax & flax waste.

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New GST Rate for HSN Code 5301

GST Rate for Raw flax & flax waste under HSN Code 5301. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

53

HSN Code

5301

HSN Description

Flax, raw or processed but not spun; flax tow and waste (including yarn waste and garnetted stock)

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 5301

Following tariff HSN codes fall under Raw flax & flax waste.

Tariff HSN

53011000

Description

Flax, raw or retted

Tariff HSN

53012100

Description

Flax, broken, scutched, hackled or otherwise processed, but not spun : Broken or scutched

Tariff HSN

53012900

Description

Flax, broken, scutched, hackled or otherwise processed, but not spun : Other

Tariff HSN

53013000

Description

Flax tow and waste

India’s Trade Performance — HSN Sub-Chapter 5301 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

₹41 Cr

−36.50% vs FY 2023-24

0.0011% of India’s total exports

India’s Imports

FY 2024-25

₹2,360 Cr

+28.15% vs FY 2023-24

0.0387% of India’s total imports

Trade Balance

FY 2024-25

−₹2,319 Cr

Trade Deficit

Surplus rank #1045 of 1233 subchapters

% of Chapter 53

FY 2024-25

0.78%

Share of Chapter 53’s total exports in FY 2024-25

Import side: 41.52% of Chapter 53’s imports

Rank Within Chapter 53

FY 2024-25

#8 of 10

Position by export value among subchapters in Chapter 53

Import-side rank: #1 of 10

At a glance

17.65%

Export CAGR

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

#936

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+97.32%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.78%

Contribution to Ch. 53

Share of Chapter 53 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 5301

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 #974

Balance

−448.29

Exports

15.32 ₹ Cr

0.0007% share

— YoY

0.49% of Ch. 53

Imports

463.61 ₹ Cr

0.0129% share

— YoY

20.82% of Ch. 53

FY 2019-20 Exp. Rank #902

Balance

−631.44

Exports

30.23 ₹ Cr

0.0014% share

+97.32% YoY

0.95% of Ch. 53

Imports

661.67 ₹ Cr

0.0197% share

+42.72% YoY

24.57% of Ch. 53

FY 2020-21 Exp. Rank #929

Balance

−400.95

Exports

23.25 ₹ Cr

0.0011% share

−23.09% YoY

0.59% of Ch. 53

Imports

424.20 ₹ Cr

0.0146% share

−35.89% YoY

22.88% of Ch. 53

FY 2021-22 Exp. Rank #891

Balance

−786.74

Exports

44.52 ₹ Cr

0.0014% share

+91.48% YoY

0.88% of Ch. 53

Imports

831.26 ₹ Cr

0.0182% share

+95.96% YoY

26.51% of Ch. 53

FY 2022-23 Exp. Rank #870

Balance

−1,118.33

Exports

58.88 ₹ Cr

0.0016% share

+32.26% YoY

1.57% of Ch. 53

Imports

1,177.21 ₹ Cr

0.0205% share

+41.62% YoY

28.03% of Ch. 53

FY 2023-24 Exp. Rank #870

Balance

−1,777.57

Exports

63.97 ₹ Cr

0.0018% share

+8.64% YoY

1.63% of Ch. 53

Imports

1,841.54 ₹ Cr

0.0328% share

+56.43% YoY

35.56% of Ch. 53

FY 2024-25 Exp. Rank #936

Balance

−2,319.25

Exports

40.62 ₹ Cr

0.0011% share

−36.50% YoY

0.78% of Ch. 53

Imports

2,359.87 ₹ Cr

0.0387% share

+28.15% YoY

41.52% of Ch. 53

CAGR · 7-Year

Exports

17.65% /yr

Imports

31.16% /yr

Consistently Deficit
Chapter 53 total

reference, FY 2024-25

Export

₹5,178.87 Cr

Import

₹5,683.26 Cr

Trade Balance

−504.39

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

Key Trade Insights: HSN Sub-Chapter 5301 Export-Import Analysis

Consistent Export Growth: 17.65% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 5301 have grown at a compound annual rate of 17.65% over 7 fiscal years, rising from ₹15.32 Crore in FY 2018-19 to ₹40.62 Crore in FY 2024-25.

HSN Sub-Chapter 5301 Ranked #936 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 5301 ranks #936 out of 1233 subchapters by total export value. Within Chapter 53, it ranks #8 of 10. By trade surplus, it ranks #1045 of 1233.

FY 2019-20 Was the Strongest Growth Year for HSN Sub-Chapter 5301 Exports

The strongest single-year export movement for HSN Sub-Chapter 5301 was recorded in FY 2019-20, when exports surged by 97.32% over the prior year.

India Records a Trade Deficit of ₹2,319.25 Crore in HSN Sub-Chapter 5301 Goods

In FY 2024-25, India's imports of ₹2,359.87 Cr exceeded exports of ₹40.62 Cr, resulting in a trade deficit of ₹2,319.25 Crore — ranking #1045 of 1233 by surplus magnitude.

Import Growth of 31.16% CAGR Signals Rising Demand for Raw flax & flax waste

India's imports under HSN Sub-Chapter 5301 have grown at 31.16% CAGR, reaching ₹2,359.87 Crore in FY 2024-25.

HSN Sub-Chapter 5301 Contributes 0.78% of Chapter 53 Exports — Ranked #8

Among the 10 subchapters under Chapter 53, HSN Sub-Chapter 5301 ranks #8 by export value — accounting for 0.78% of the chapter's total exports in FY 2024-25. On the import side, it holds 41.52% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 5301 and GST compliance.

What products are classified under HSN 5301

It includes Raw flax & flax waste

Does MRP, weight or pack size change GST treatment for Raw flax & flax waste?

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.

How are warranty replacements of Raw flax & flax 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.

What misclassification mistakes happen with Raw flax & flax waste?

Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.

Any special steps when selling Raw flax & flax waste 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.

Is the composition scheme suitable if I mainly trade Raw flax & flax waste?

The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.

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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