5307 HSN Code: Jute yarns

HSN Sub Chapter 5307 represents Jute yarns under GST classification. This code helps businesses identify Jute yarns correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 5307, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Jute yarns.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

New GST Rate for HSN Code 5307

GST Rate for Jute yarns under HSN Code 5307. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

53

HSN Code

5307

HSN Description

Yarn of jute or of other textile bast fibres of heading 5303 [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 5307

Following tariff HSN codes fall under Jute yarns.

Tariff HSN

53071010

Description

Single : Of jute

Tariff HSN

53071010

Description

Single : Of jute

Tariff HSN

53071090

Description

Single : Other

Tariff HSN

53071090

Description

Single : Other

Tariff HSN

53072000

Description

Multiple (folded) or cabled

Tariff HSN

53072000

Description

Multiple (folded) or cabled

India’s Trade Performance — HSN Sub-Chapter 5307 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

₹156 Cr

+95.35% vs FY 2023-24

0.0042% of India’s total exports

India’s Imports

FY 2024-25

₹507 Cr

+0.40% vs FY 2023-24

0.0083% of India’s total imports

Trade Balance

FY 2024-25

−₹351 Cr

Trade Deficit

Surplus rank #831 of 1233 subchapters

% of Chapter 53

FY 2024-25

3.01%

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

Import side: 8.91% of Chapter 53’s imports

Rank Within Chapter 53

FY 2024-25

#5 of 10

Position by export value among subchapters in Chapter 53

Import-side rank: #6 of 10

At a glance

6.07%

Export CAGR

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

#756

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+95.35%

Peak Growth Year

FY 2024-25 · strongest single-year move

3.01%

Contribution to Ch. 53

Share of Chapter 53 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 5307

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 #708

Balance

−182.71

Exports

109.42 ₹ Cr

0.0048% share

— YoY

3.51% of Ch. 53

Imports

292.13 ₹ Cr

0.0081% share

— YoY

13.12% of Ch. 53

FY 2019-20 Exp. Rank #696

Balance

−286.87

Exports

117.91 ₹ Cr

0.0053% share

+7.76% YoY

3.72% of Ch. 53

Imports

404.78 ₹ Cr

0.0121% share

+38.56% YoY

15.03% of Ch. 53

FY 2020-21 Exp. Rank #674

Balance

−206.94

Exports

131.54 ₹ Cr

0.0061% share

+11.56% YoY

3.33% of Ch. 53

Imports

338.48 ₹ Cr

0.0116% share

−16.38% YoY

18.26% of Ch. 53

FY 2021-22 Exp. Rank #722

Balance

−272.25

Exports

144.45 ₹ Cr

0.0046% share

+9.81% YoY

2.87% of Ch. 53

Imports

416.70 ₹ Cr

0.0091% share

+23.11% YoY

13.29% of Ch. 53

FY 2022-23 Exp. Rank #816

Balance

−442.68

Exports

90.83 ₹ Cr

0.0025% share

−37.12% YoY

2.43% of Ch. 53

Imports

533.51 ₹ Cr

0.0093% share

+28.03% YoY

12.70% of Ch. 53

FY 2023-24 Exp. Rank #837

Balance

−424.79

Exports

79.76 ₹ Cr

0.0022% share

−12.19% YoY

2.04% of Ch. 53

Imports

504.55 ₹ Cr

0.0090% share

−5.43% YoY

9.74% of Ch. 53

FY 2024-25 Exp. Rank #756

Balance

−350.77

Exports

155.81 ₹ Cr

0.0042% share

+95.35% YoY

3.01% of Ch. 53

Imports

506.58 ₹ Cr

0.0083% share

+0.40% YoY

8.91% of Ch. 53

CAGR · 7-Year

Exports

6.07% /yr

Imports

9.61% /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 5307 Export-Import Analysis

Consistent Export Growth: 6.07% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 5307 have grown at a compound annual rate of 6.07% over 7 fiscal years, rising from ₹109.42 Crore in FY 2018-19 to ₹155.81 Crore in FY 2024-25.

HSN Sub-Chapter 5307 Ranked #756 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 5307 ranks #756 out of 1233 subchapters by total export value. Within Chapter 53, it ranks #5 of 10. By trade surplus, it ranks #831 of 1233.

FY 2024-25 Was the Strongest Growth Year for HSN Sub-Chapter 5307 Exports

The strongest single-year export movement for HSN Sub-Chapter 5307 was recorded in FY 2024-25, when exports surged by 95.35% over the prior year.

India Records a Trade Deficit of ₹350.77 Crore in HSN Sub-Chapter 5307 Goods

In FY 2024-25, India's imports of ₹506.58 Cr exceeded exports of ₹155.81 Cr, resulting in a trade deficit of ₹350.77 Crore — ranking #831 of 1233 by surplus magnitude.

Import Growth of 9.61% CAGR Signals Stable Import Dependency for Jute yarns

India's imports under HSN Sub-Chapter 5307 have grown at 9.61% CAGR, reaching ₹506.58 Crore in FY 2024-25.

HSN Sub-Chapter 5307 Contributes 3.01% of Chapter 53 Exports — Ranked #5

Among the 10 subchapters under Chapter 53, HSN Sub-Chapter 5307 ranks #5 by export value — accounting for 3.01% of the chapter's total exports in FY 2024-25. On the import side, it holds 8.91% share (rank #6).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 5307 and GST compliance.

What products are classified under HSN 5307

It includes Jute yarns

Any special steps when selling Jute yarns 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.

Does packaging or branding change how GST applies to Jute yarns?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Jute yarns 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.

What misclassification mistakes happen with Jute yarns?

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.

Is the composition scheme suitable if I mainly trade Jute yarns?

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.

Any import/export nuance for Jute yarns?

Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.

Does MRP, weight or pack size change GST treatment for Jute yarns?

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.

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.

Explore More HSN Codes from Chapter 53