---
title: "5308 HSN Code | HSN Code for Paper and yarn in India"
description: "Know more about 5308 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 5308 covering Paper and yarn."
canonical: "https://busy.in/hsn/sub-chapter-5308/"
---

# HSN Sub-chapter 5308: Paper and yarn

Yarn of other vegetable textile fibres;paper 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

Part of [Chapter 53: Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn](https://busy.in/hsn/chapter-53/).

- Current GST rate: 5%
- Earlier GST rate: 5%

## HSN codes

| Code | Title |
| --- | --- |
| 53081010 | [Coir yarn: Baled](https://busy.in/hsn/hsn-53081010/) |
| 53081020 | [Coir yarn : Spooled hanks](https://busy.in/hsn/hsn-53081020/) |
| 53081090 | [Coir yarn: Other](https://busy.in/hsn/hsn-53081090/) |
| 53082000 | [True hemp yarn](https://busy.in/hsn/hsn-53082000/) |
| 53089010 | [Other : Ramie yarn](https://busy.in/hsn/hsn-53089010/) |
| 53089090 | [Vegetable fibre and paper yarn, excluding packed coir fibre \| Other](https://busy.in/hsn/hsn-53089090/) |

## Frequently asked questions

### What products are classified under HSN 5308

It includes Paper and yarn

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

If your outward supply of Paper and 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.

### What misclassification mistakes happen with Paper and yarn?

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.

### Can reverse charge ever apply to transactions involving Paper and yarn?

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

### How do I bill a kit or combo that includes Paper and 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.

### How are warranty replacements of Paper and yarn 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.

## India's trade performance: HSN Sub-Chapter 5308 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹34 Cr (+14.61% YoY) — 0.0009% of India's total exports
- Imports: ₹37 Cr (−10.46% YoY) — 0.0006% of India's total imports
- Trade balance: −₹4 Cr (Deficit); surplus rank #559 of 1233 sub-chapters
- Share of Chapter 53: 0.65% of its exports; import side 0.66%
- Rank within Chapter 53: #9 of 10 by export value; import-side #7

### Key metrics

- Export CAGR: -2.06% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #957 of 1233 sub-chapters by export value (FY 2024-25)
- Peak growth year: +16.78% in FY 2021-22
- Contribution to Ch. 53: 0.65% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Sub-Chapter 5308

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Ch. 53 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Ch. 53 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 38.14 | 0.0017% | — | 1.22% | 12.18 | 0.0003% | — | 0.55% | +25.96 | #874 |
| FY 2019-20 | 41.81 | 0.0019% | +9.62% | 1.32% | 17.38 | 0.0005% | +42.69% | 0.65% | +24.43 | #868 |
| FY 2020-21 | 42.26 | 0.0020% | +1.08% | 1.07% | 41.80 | 0.0014% | +140.51% | 2.25% | +0.46 | #855 |
| FY 2021-22 | 49.35 | 0.0016% | +16.78% | 0.98% | 56.28 | 0.0012% | +34.64% | 1.79% | −6.93 | #878 |
| FY 2022-23 | 35.72 | 0.0010% | −27.62% | 0.95% | 41.61 | 0.0007% | −26.07% | 0.99% | −5.89 | #930 |
| FY 2023-24 | 29.37 | 0.0008% | −17.78% | 0.75% | 41.76 | 0.0007% | +0.36% | 0.81% | −12.39 | #963 |
| FY 2024-25 | 33.66 | 0.0009% | +14.61% | 0.65% | 37.39 | 0.0006% | −10.46% | 0.66% | −3.73 | #957 |

- CAGR (7-year): exports -2.06%/yr, imports 20.55%/yr (consistently Deficit)

## Key trade insights: HSN Sub-Chapter 5308 export-import analysis

### Export decline: -2.06% CAGR over 7 years

India's exports under HSN Sub-Chapter 5308 have declined at a compound annual rate of -2.06% over 7 fiscal years, falling from ₹38.14 Crore in FY 2018-19 to ₹33.66 Crore in FY 2024-25.

### HSN Sub-Chapter 5308 ranked #957 among all 1233 sub-chapters by export value

In FY 2024-25, HSN Sub-Chapter 5308 ranks #957 out of 1233 sub-chapters by total export value. Within Chapter 53, it ranks #9 of 10. By trade surplus, it ranks #559 of 1233.

### FY 2021-22 was the strongest growth year for HSN Sub-Chapter 5308 exports

The strongest single-year export movement for HSN Sub-Chapter 5308 was recorded in FY 2021-22, when exports surged by 16.78% over the prior year.

### India records a trade deficit of ₹3.73 Crore in HSN Sub-Chapter 5308 goods

In FY 2024-25, India's imports of ₹37.39 Cr exceeded exports of ₹33.66 Cr, resulting in a trade deficit of ₹3.73 Crore — ranking #559 of 1233 by surplus magnitude.

### Import growth of 20.55% CAGR signals rising demand for Paper and yarn

India's imports under HSN Sub-Chapter 5308 have grown at 20.55% CAGR, reaching ₹37.39 Crore in FY 2024-25.

### HSN Sub-Chapter 5308 contributes 0.65% of Chapter 53 exports — ranked #9

Among the 10 sub-chapters under Chapter 53, HSN Sub-Chapter 5308 ranks #9 by export value — accounting for 0.65% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.66% share (rank #7).

## Related Sub-Chapters in Chapter 53

Ranked by export value (FY 2024-25).

| Rank | HSN Sub-Chapter | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Sub-Chapter 5305: Vegetable textile fibers](https://busy.in/hsn/sub-chapter-5305/) | ₹3,212 Cr |
| #2 | [HSN Sub-Chapter 5309: Woven Fabrics Of Flax](https://busy.in/hsn/sub-chapter-5309/) | ₹700 Cr |
| #3 | [HSN Sub-Chapter 5310: Jute woven fabrics](https://busy.in/hsn/sub-chapter-5310/) | ₹652 Cr |
| #4 | [HSN Sub-Chapter 5306: Flax yarn](https://busy.in/hsn/sub-chapter-5306/) | ₹159 Cr |
| #5 | [HSN Sub-Chapter 5307: Jute yarns](https://busy.in/hsn/sub-chapter-5307/) | ₹156 Cr |
| #6 | [HSN Sub-Chapter 5303: Jute and bast fibers](https://busy.in/hsn/sub-chapter-5303/) | ₹135 Cr |
| #7 | [HSN Sub-Chapter 5311: Wood charcoal products](https://busy.in/hsn/sub-chapter-5311/) | ₹90 Cr |
| #8 | [HSN Sub-Chapter 5301: Raw flax & flax waste](https://busy.in/hsn/sub-chapter-5301/) | ₹41 Cr |
| #9 | HSN Sub-Chapter 5308: Paper and yarn (this hsn sub-chapter) | ₹34 Cr |
| #10 | [HSN Sub-Chapter 5302: Raw True Hemp](https://busy.in/hsn/sub-chapter-5302/) | < ₹1 Crore |

## Other sub-chapters

| Code | Title |
| --- | --- |
| 5301 | [Raw flax & flax waste](https://busy.in/hsn/sub-chapter-5301/) |
| 5302 | [Raw True Hemp](https://busy.in/hsn/sub-chapter-5302/) |
| 5303 | [Jute and bast fibers](https://busy.in/hsn/sub-chapter-5303/) |
| 5305 | [Vegetable textile fibers](https://busy.in/hsn/sub-chapter-5305/) |
| 5306 | [Flax yarn](https://busy.in/hsn/sub-chapter-5306/) |
| 5307 | [Jute yarns](https://busy.in/hsn/sub-chapter-5307/) |
| 5309 | [Woven Fabrics Of Flax](https://busy.in/hsn/sub-chapter-5309/) |
| 5310 | [Jute woven fabrics](https://busy.in/hsn/sub-chapter-5310/) |
| 5311 | [Wood charcoal products](https://busy.in/hsn/sub-chapter-5311/) |