5306 HSN Code: Flax yarn

HSN Sub Chapter 5306 represents Flax yarn under GST classification. This code helps businesses identify Flax yarn correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 5306, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Flax yarn.

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New GST Rate for HSN Code 5306

GST Rate for Flax yarn under HSN Code 5306. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

53

HSN Code

5306

HSN Description

Flax yarn: All goods [other than coconut coir fibre] including yarn of flax, jute, other textile bast fibres, other vegetable textile fibres; paper yarn, including coir pith compost, other than pre-packaged and labelled

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 5306

Following tariff HSN codes fall under Flax yarn.

Tariff HSN

53061010

Description

Single : Put up for retail sale

Tariff HSN

53061010

Description

Single : Put up for retail sale

Tariff HSN

53061090

Description

Single : Other

Tariff HSN

53061090

Description

Single : Other

Tariff HSN

53062010

Description

Multiple (folded) or cabled : Put up for retail sale

Tariff HSN

53062010

Description

Multiple (folded) or cabled : Put up for retail sale

Tariff HSN

53062090

Description

Multiple (folded) or cabled : Other

Tariff HSN

53062090

Description

Multiple (folded) or cabled : Other

India’s Trade Performance — HSN Sub-Chapter 5306 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

₹159 Cr

+55.94% vs FY 2023-24

0.0043% of India’s total exports

India’s Imports

FY 2024-25

₹735 Cr

+31.88% vs FY 2023-24

0.0120% of India’s total imports

Trade Balance

FY 2024-25

−₹576 Cr

Trade Deficit

Surplus rank #885 of 1233 subchapters

% of Chapter 53

FY 2024-25

3.07%

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

Import side: 12.93% of Chapter 53’s imports

Rank Within Chapter 53

FY 2024-25

#4 of 10

Position by export value among subchapters in Chapter 53

Import-side rank: #3 of 10

At a glance

44.06%

Export CAGR

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

#747

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+174.49%

Peak Growth Year

FY 2019-20 · strongest single-year move

3.07%

Contribution to Ch. 53

Share of Chapter 53 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 5306

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 #961

Balance

−522.42

Exports

17.80 ₹ Cr

0.0008% share

— YoY

0.57% of Ch. 53

Imports

540.22 ₹ Cr

0.0150% share

— YoY

24.27% of Ch. 53

FY 2019-20 Exp. Rank #848

Balance

−272.58

Exports

48.86 ₹ Cr

0.0022% share

+174.49% YoY

1.54% of Ch. 53

Imports

321.44 ₹ Cr

0.0096% share

−40.50% YoY

11.94% of Ch. 53

FY 2020-21 Exp. Rank #932

Balance

−181.91

Exports

22.49 ₹ Cr

0.0010% share

−53.97% YoY

0.57% of Ch. 53

Imports

204.40 ₹ Cr

0.0070% share

−36.41% YoY

11.03% of Ch. 53

FY 2021-22 Exp. Rank #855

Balance

−370.95

Exports

59.61 ₹ Cr

0.0019% share

+165.05% YoY

1.18% of Ch. 53

Imports

430.56 ₹ Cr

0.0094% share

+110.65% YoY

13.73% of Ch. 53

FY 2022-23 Exp. Rank #823

Balance

−449.96

Exports

88.63 ₹ Cr

0.0024% share

+48.68% YoY

2.37% of Ch. 53

Imports

538.59 ₹ Cr

0.0094% share

+25.09% YoY

12.83% of Ch. 53

FY 2023-24 Exp. Rank #800

Balance

−455.05

Exports

102.02 ₹ Cr

0.0028% share

+15.11% YoY

2.60% of Ch. 53

Imports

557.07 ₹ Cr

0.0099% share

+3.43% YoY

10.76% of Ch. 53

FY 2024-25 Exp. Rank #747

Balance

−575.60

Exports

159.09 ₹ Cr

0.0043% share

+55.94% YoY

3.07% of Ch. 53

Imports

734.69 ₹ Cr

0.0120% share

+31.88% YoY

12.93% of Ch. 53

CAGR · 7-Year

Exports

44.06% /yr

Imports

5.26% /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 5306 Export-Import Analysis

Consistent Export Growth: 44.06% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 5306 have grown at a compound annual rate of 44.06% over 7 fiscal years, rising from ₹17.80 Crore in FY 2018-19 to ₹159.09 Crore in FY 2024-25.

HSN Sub-Chapter 5306 Ranked #747 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 5306 ranks #747 out of 1233 subchapters by total export value. Within Chapter 53, it ranks #4 of 10. By trade surplus, it ranks #885 of 1233.

FY 2019-20 Was the Strongest Growth Year for HSN Sub-Chapter 5306 Exports

The strongest single-year export movement for HSN Sub-Chapter 5306 was recorded in FY 2019-20, when exports surged by 174.49% over the prior year.

India Records a Trade Deficit of ₹575.60 Crore in HSN Sub-Chapter 5306 Goods

In FY 2024-25, India's imports of ₹734.69 Cr exceeded exports of ₹159.09 Cr, resulting in a trade deficit of ₹575.60 Crore — ranking #885 of 1233 by surplus magnitude.

Import Growth of 5.26% CAGR Signals Stable Import Dependency for Flax yarn

India's imports under HSN Sub-Chapter 5306 have grown at 5.26% CAGR, reaching ₹734.69 Crore in FY 2024-25.

HSN Sub-Chapter 5306 Contributes 3.07% of Chapter 53 Exports — Ranked #4

Among the 10 subchapters under Chapter 53, HSN Sub-Chapter 5306 ranks #4 by export value — accounting for 3.07% of the chapter's total exports in FY 2024-25. On the import side, it holds 12.93% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 5306 and GST compliance.

What products are classified under HSN 5306

It includes Flax yarn

How do I bill a kit or combo that includes Flax yarn?

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 Flax yarn 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 are the e‑way bill and e‑invoice points while moving Flax yarn?

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.

Can I claim ITC on inputs and services used for Flax yarn?

If your outward supply of Flax yarn is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.

Can reverse charge ever apply to transactions involving Flax yarn?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Flax yarn are forward charge. Check the current notifications for any special cases before deciding.

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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