Export Decline: −1.97% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 5910 have declined at a compound annual rate of −1.97% over 7 fiscal years, falling from ₹62.84 Crore in FY 2018-19 to ₹55.77 Crore in FY 2024-25.
HSN Sub Chapter 5910 represents Textile conveyor belts, reinforced under GST classification. This code helps businesses identify Textile conveyor belts, reinforced correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 5910, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Textile conveyor belts, reinforced.
Join our guided walkthrough to see how BUSY can transform your business operations.
GST Rate for Textile conveyor belts, reinforced under HSN Code 5910. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Textile conveyor belts, reinforced.
Tariff HSN
Description
Transmission or conveyor belts or belting, of textile material, whether or not impregnated, coated, covered or laminated with plastics, or reinforced with metal or other material : Cotton canvas ply belting
Tariff HSN
Description
Transmission or conveyor belts or belting, of textile material, whether or not impregnated, coated, covered or laminated with plastics, or reinforced with metal or other material : Rubberised cotton belting
Tariff HSN
Description
Transmission or conveyor belts or belting, of textile material, whether or not impregnated, coated, covered or laminated with plastics, or reinforced with metal or other material : Other transmission, conveyer or elevator belts or belting of cotton
Tariff HSN
Description
Transmission or conveyor belts or belting, of textile material, whether or not impregnated, coated, covered or laminated with plastics, or reinforced with metal or other material : Hair belting
Tariff HSN
Description
Transmission or conveyor belts or belting, of textile material, whether or not impregnated, coated, covered or laminated with plastics, or reinforced with metal or other material : Flax canvas ply belting
Tariff HSN
Description
Transmission or conveyor belts or belting, of textile material, whether or not impregnated, coated, covered or laminated with plastics, or reinforced with metal or other material : Fibre belt conveyor
Tariff HSN
Description
Transmission or conveyor belts or belting, of textile material, whether or not impregnated, coated, covered or laminated with plastics, or reinforced with metal or other material : Other
India’s Exports
FY 2024-25₹56 Cr
0.0015% of India’s total exports
India’s Imports
FY 2024-25₹108 Cr
0.0018% of India’s total imports
Trade Balance
FY 2024-25−₹53 Cr
Surplus rank #678 of 1233 subchapters
% of Chapter 59
FY 2024-251.31%
Share of Chapter 59’s total exports in FY 2024-25
Import side: 1.58% of Chapter 59’s imports
Rank Within Chapter 59
FY 2024-25#6 of 11
Position by export value among subchapters in Chapter 59
Import-side rank: #6 of 11
At a glance
−1.97%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#898
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+46.85%
Peak Growth Year
FY 2021-22 · strongest single-year move
1.31%
Contribution to Ch. 59
Share of Chapter 59 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−42.97
Exports
62.84 ₹ Cr
0.0027% share
— YoY
3.48% of Ch. 59
Imports
105.81 ₹ Cr
0.0029% share
— YoY
1.73% of Ch. 59
Balance
−36.46
Exports
59.09 ₹ Cr
0.0027% share
−5.97% YoY
2.86% of Ch. 59
Imports
95.55 ₹ Cr
0.0028% share
−9.70% YoY
1.82% of Ch. 59
Balance
−16.65
Exports
55.80 ₹ Cr
0.0026% share
−5.57% YoY
2.08% of Ch. 59
Imports
72.45 ₹ Cr
0.0025% share
−24.18% YoY
1.83% of Ch. 59
Balance
−16.28
Exports
81.94 ₹ Cr
0.0026% share
+46.85% YoY
2.48% of Ch. 59
Imports
98.22 ₹ Cr
0.0021% share
+35.57% YoY
1.54% of Ch. 59
Balance
−41.22
Exports
71.39 ₹ Cr
0.0020% share
−12.88% YoY
2.28% of Ch. 59
Imports
112.61 ₹ Cr
0.0020% share
+14.65% YoY
1.63% of Ch. 59
Balance
−38.41
Exports
62.39 ₹ Cr
0.0017% share
−12.61% YoY
1.57% of Ch. 59
Imports
100.80 ₹ Cr
0.0018% share
−10.49% YoY
1.58% of Ch. 59
Balance
−52.53
Exports
55.77 ₹ Cr
0.0015% share
−10.61% YoY
1.31% of Ch. 59
Imports
108.30 ₹ Cr
0.0018% share
+7.44% YoY
1.58% of Ch. 59
CAGR · 7-Year
Exports
−1.97% /yr
Imports
0.39% /yr
reference, FY 2024-25
Export
₹4,258.45 Cr
Import
₹6,838.06 Cr
Trade Balance
−2,579.61
India's exports under HSN Sub-Chapter 5910 have declined at a compound annual rate of −1.97% over 7 fiscal years, falling from ₹62.84 Crore in FY 2018-19 to ₹55.77 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 5910 ranks #898 out of 1233 subchapters by total export value. Within Chapter 59, it ranks #6 of 11. By trade surplus, it ranks #678 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 5910 was recorded in FY 2021-22, when exports surged by 46.85% over the prior year.
In FY 2024-25, India's imports of ₹108.30 Cr exceeded exports of ₹55.77 Cr, resulting in a trade deficit of ₹52.53 Crore — ranking #678 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 5910 have grown at 0.39% CAGR, reaching ₹108.30 Crore in FY 2024-25.
Among the 11 subchapters under Chapter 59, HSN Sub-Chapter 5910 ranks #6 by export value — accounting for 1.31% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.58% share (rank #6).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 5910 and GST compliance.
It includes Textile conveyor belts, reinforced
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.
Use a delivery challan for sending Textile conveyor belts, reinforced to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.
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.
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.
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.