5302 HSN Code: Raw True Hemp

HSN Sub Chapter 5302 represents Raw True Hemp under GST classification. This code helps businesses identify Raw True Hemp correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 5302, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Raw True Hemp.

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New GST Rate for HSN Code 5302

GST Rate for Raw True Hemp under HSN Code 5302. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

53

HSN Code

5302

HSN Description

True hemp (cannabis sativa l ), raw or processed but not spun; tow and waste of true hemp (including yarn waste and garnetted stock)

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 5302

Following tariff HSN codes fall under Raw True Hemp.

Tariff HSN

53021000

Description

True hemp, raw or retted

Tariff HSN

53029000

Description

Other

India’s Trade Performance — HSN Sub-Chapter 5302 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

−10.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹10 Cr

+0.77% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹10 Cr

Trade Deficit

Surplus rank #585 of 1233 subchapters

% of Chapter 53

FY 2024-25

0.00%

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

Import side: 0.18% of Chapter 53’s imports

Rank Within Chapter 53

FY 2024-25

#10 of 10

Position by export value among subchapters in Chapter 53

Import-side rank: #10 of 10

At a glance

44.23%

Export CAGR

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

#1173

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+250.00%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.00%

Contribution to Ch. 53

Share of Chapter 53 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 5302

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 #1197

Balance

−0.11

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Ch. 53

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Ch. 53

FY 2019-20 Exp. Rank #1179

Balance

−0.62

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+250.00% YoY

0.00% of Ch. 53

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+430.77% YoY

0.03% of Ch. 53

FY 2020-21 Exp. Rank #1187

Balance

−0.62

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−42.86% YoY

0.00% of Ch. 53

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−4.35% YoY

0.04% of Ch. 53

FY 2021-22 Exp. Rank #1178

Balance

−1.89

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+125.00% YoY

0.00% of Ch. 53

Imports

1.98 ₹ Cr

0.0000% share

+200.00% YoY

0.06% of Ch. 53

FY 2022-23 Exp. Rank #1179

Balance

−1.47

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+33.33% YoY

0.00% of Ch. 53

Imports

1.59 ₹ Cr

0.0000% share

−19.70% YoY

0.04% of Ch. 53

FY 2023-24 Exp. Rank #1179

Balance

−10.18

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+66.67% YoY

0.01% of Ch. 53

Imports

10.38 ₹ Cr

0.0002% share

+552.83% YoY

0.20% of Ch. 53

FY 2024-25 Exp. Rank #1173

Balance

−10.28

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−10.00% YoY

0.00% of Ch. 53

Imports

10.46 ₹ Cr

0.0002% share

+0.77% YoY

0.18% of Ch. 53

CAGR · 7-Year

Exports

44.23% /yr

Imports

107.78% /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 5302 Export-Import Analysis

Consistent Export Growth: 44.23% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 5302 have grown at a compound annual rate of 44.23% over 7 fiscal years, rising from ₹0.02 Crore in FY 2018-19 to ₹0.18 Crore in FY 2024-25.

HSN Sub-Chapter 5302 Ranked #1173 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 5302 ranks #1173 out of 1233 subchapters by total export value. Within Chapter 53, it ranks #10 of 10. By trade surplus, it ranks #585 of 1233.

FY 2019-20 Was the Strongest Growth Year for HSN Sub-Chapter 5302 Exports

The strongest single-year export movement for HSN Sub-Chapter 5302 was recorded in FY 2019-20, when exports surged by 250.00% over the prior year.

India Records a Trade Deficit of ₹10.28 Crore in HSN Sub-Chapter 5302 Goods

In FY 2024-25, India's imports of ₹10.46 Cr exceeded exports of ₹0.18 Cr, resulting in a trade deficit of ₹10.28 Crore — ranking #585 of 1233 by surplus magnitude.

Import Growth of 107.78% CAGR Signals Rising Demand for Raw True Hemp

India's imports under HSN Sub-Chapter 5302 have grown at 107.78% CAGR, reaching ₹10.46 Crore in FY 2024-25.

HSN Sub-Chapter 5302 Contributes 0.00% of Chapter 53 Exports — Ranked #10

Among the 10 subchapters under Chapter 53, HSN Sub-Chapter 5302 ranks #10 by export value — accounting for 0.00% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.18% share (rank #10).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 5302 and GST compliance.

What products are classified under HSN 5302

It includes Raw True Hemp

How do I bill a kit or combo that includes Raw True Hemp?

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.

What are the e‑way bill and e‑invoice points while moving Raw True Hemp?

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 Raw True Hemp?

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.

Any special steps when selling Raw True Hemp 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.

What misclassification mistakes happen with Raw True Hemp?

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.

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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