Export Decline: −13.86% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 6215 have declined at a compound annual rate of −13.86% over 7 fiscal years, falling from ₹23.79 Crore in FY 2018-19 to ₹9.72 Crore in FY 2024-25.
HSN Sub Chapter 6215 represents Ties, bow ties & cravats under GST classification. This code helps businesses identify Ties, bow ties & cravats correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 6215, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Ties, bow ties & cravats.
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GST Rate for Ties, bow ties & cravats under HSN Code 6215. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Ties, bow ties & cravats.
Tariff HSN
Description
Ties, bow ties and cravats - of silk or silk waste
Tariff HSN
Description
Of silk or silk waste : Khadi (sale value not exceeding Rs. 1000 per piece)
Tariff HSN
Description
Of silk or silk waste : Khadi
Tariff HSN
Description
Of silk or silk waste : Other (sale value not exceeding Rs. 1000 per piece)
Tariff HSN
Description
Of silk or silk waste : Other
Tariff HSN
Description
Of man-made fibres (sale value not exceeding Rs. 1000 per piece)
Tariff HSN
Description
Of man-made fibres
Tariff HSN
Description
Of other textile materials : Of cotton (sale value not exceeding Rs. 1000 per piece)
Tariff HSN
Description
Of other textile materials : Of cotton
Tariff HSN
Description
Of other textile materials : Other (sale value not exceeding Rs. 1000 per piece)
Tariff HSN
Description
Of other textile materials : Other
India’s Exports
FY 2024-25₹10 Cr
0.0003% of India’s total exports
India’s Imports
FY 2024-25₹12 Cr
0.0002% of India’s total imports
Trade Balance
FY 2024-25−₹3 Cr
Surplus rank #549 of 1233 subchapters
% of Chapter 62
FY 2024-250.01%
Share of Chapter 62’s total exports in FY 2024-25
Import side: 0.16% of Chapter 62’s imports
Rank Within Chapter 62
FY 2024-25#17 of 17
Position by export value among subchapters in Chapter 62
Import-side rank: #15 of 17
At a glance
−13.86%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1053
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+211.94%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.01%
Contribution to Ch. 62
Share of Chapter 62 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
+9.85
Exports
23.79 ₹ Cr
0.0010% share
— YoY
0.04% of Ch. 62
Imports
13.94 ₹ Cr
0.0004% share
— YoY
0.31% of Ch. 62
Balance
+7.55
Exports
22.45 ₹ Cr
0.0010% share
−5.63% YoY
0.04% of Ch. 62
Imports
14.90 ₹ Cr
0.0004% share
+6.89% YoY
0.33% of Ch. 62
Balance
+20.75
Exports
23.70 ₹ Cr
0.0011% share
+5.57% YoY
0.05% of Ch. 62
Imports
2.95 ₹ Cr
0.0001% share
−80.20% YoY
0.08% of Ch. 62
Balance
−30.22
Exports
73.93 ₹ Cr
0.0024% share
+211.94% YoY
0.13% of Ch. 62
Imports
104.15 ₹ Cr
0.0023% share
+3,430.51% YoY
2.12% of Ch. 62
Balance
−51.69
Exports
128.75 ₹ Cr
0.0036% share
+74.15% YoY
0.19% of Ch. 62
Imports
180.44 ₹ Cr
0.0031% share
+73.25% YoY
2.38% of Ch. 62
Balance
−2.28
Exports
8.59 ₹ Cr
0.0002% share
−93.33% YoY
0.01% of Ch. 62
Imports
10.87 ₹ Cr
0.0002% share
−93.98% YoY
0.15% of Ch. 62
Balance
−2.76
Exports
9.72 ₹ Cr
0.0003% share
+13.15% YoY
0.01% of Ch. 62
Imports
12.48 ₹ Cr
0.0002% share
+14.81% YoY
0.16% of Ch. 62
CAGR · 7-Year
Exports
−13.86% /yr
Imports
−1.83% /yr
reference, FY 2024-25
Export
₹70,396.22 Cr
Import
₹7,717.29 Cr
Trade Balance
+62,678.93
India's exports under HSN Sub-Chapter 6215 have declined at a compound annual rate of −13.86% over 7 fiscal years, falling from ₹23.79 Crore in FY 2018-19 to ₹9.72 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 6215 ranks #1053 out of 1233 subchapters by total export value. Within Chapter 62, it ranks #17 of 17. By trade surplus, it ranks #549 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 6215 was recorded in FY 2021-22, when exports surged by 211.94% over the prior year.
In FY 2024-25, India's imports of ₹12.48 Cr exceeded exports of ₹9.72 Cr, resulting in a trade deficit of ₹2.76 Crore — ranking #549 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 6215 have grown at −1.83% CAGR, reaching ₹12.48 Crore in FY 2024-25.
Among the 17 subchapters under Chapter 62, HSN Sub-Chapter 6215 ranks #17 by export value — accounting for 0.01% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.16% share (rank #15).
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 6215 and GST compliance.
It includes Ties, bow ties & cravats
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.
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.
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Ties, bow ties & cravats 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.
If your outward supply of Ties, bow ties & cravats 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.