Consistent Export Growth: 25.11% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 6003 have grown at a compound annual rate of 25.11% over 7 fiscal years, rising from ₹9.70 Crore in FY 2018-19 to ₹37.20 Crore in FY 2024-25.
HSN Sub Chapter 6003 represents Knitted fabrics under 30 cm wide under GST classification. This code helps businesses identify Knitted fabrics under 30 cm wide correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 6003, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Knitted fabrics under 30 cm wide.
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GST Rate for Knitted fabrics under 30 cm wide under HSN Code 6003. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Knitted fabrics under 30 cm wide.
India’s Exports
FY 2024-25₹37 Cr
0.0010% of India’s total exports
India’s Imports
FY 2024-25₹8 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25₹29 Cr
Surplus rank #454 of 1233 subchapters
% of Chapter 60
FY 2024-250.74%
Share of Chapter 60’s total exports in FY 2024-25
Import side: 0.11% of Chapter 60’s imports
Rank Within Chapter 60
FY 2024-25#5 of 6
Position by export value among subchapters in Chapter 60
Import-side rank: #6 of 6
At a glance
25.11%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#945
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+77.10%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.74%
Contribution to Ch. 60
Share of Chapter 60 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
+5.86
Exports
9.70 ₹ Cr
0.0004% share
— YoY
0.31% of Ch. 60
Imports
3.84 ₹ Cr
0.0001% share
— YoY
0.10% of Ch. 60
Balance
+3.64
Exports
6.81 ₹ Cr
0.0003% share
−29.79% YoY
0.23% of Ch. 60
Imports
3.17 ₹ Cr
0.0001% share
−17.45% YoY
0.08% of Ch. 60
Balance
−12.18
Exports
9.69 ₹ Cr
0.0005% share
+42.29% YoY
0.27% of Ch. 60
Imports
21.87 ₹ Cr
0.0008% share
+589.91% YoY
0.61% of Ch. 60
Balance
−1.51
Exports
10.53 ₹ Cr
0.0003% share
+8.67% YoY
0.17% of Ch. 60
Imports
12.04 ₹ Cr
0.0003% share
−44.95% YoY
0.24% of Ch. 60
Balance
+5.87
Exports
14.67 ₹ Cr
0.0004% share
+39.32% YoY
0.32% of Ch. 60
Imports
8.80 ₹ Cr
0.0002% share
−26.91% YoY
0.14% of Ch. 60
Balance
+20.30
Exports
25.98 ₹ Cr
0.0007% share
+77.10% YoY
0.66% of Ch. 60
Imports
5.68 ₹ Cr
0.0001% share
−35.45% YoY
0.09% of Ch. 60
Balance
+29.00
Exports
37.20 ₹ Cr
0.0010% share
+43.19% YoY
0.74% of Ch. 60
Imports
8.20 ₹ Cr
0.0001% share
+44.37% YoY
0.11% of Ch. 60
CAGR · 7-Year
Exports
25.11% /yr
Imports
13.48% /yr
reference, FY 2024-25
Export
₹4,998.91 Cr
Import
₹7,565.50 Cr
Trade Balance
−2,566.59
India's exports under HSN Sub-Chapter 6003 have grown at a compound annual rate of 25.11% over 7 fiscal years, rising from ₹9.70 Crore in FY 2018-19 to ₹37.20 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 6003 ranks #945 out of 1233 subchapters by total export value. Within Chapter 60, it ranks #5 of 6. By trade surplus, it ranks #454 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 6003 was recorded in FY 2023-24, when exports surged by 77.10% over the prior year.
In FY 2024-25, India's exports of ₹37.20 Cr exceeded imports of ₹8.20 Cr, resulting in a trade surplus of ₹29.00 Crore — ranking #454 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 6003 have grown at 13.48% CAGR, reaching ₹8.20 Crore in FY 2024-25.
Among the 6 subchapters under Chapter 60, HSN Sub-Chapter 6003 ranks #5 by export value — accounting for 0.74% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.11% 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 6003 and GST compliance.
It includes Knitted fabrics under 30 cm wide
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.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Knitted fabrics under 30 cm wide are forward charge. Check the current notifications for any special cases before deciding.
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.
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.