Export Decline: −7.82% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 6308 have declined at a compound annual rate of −7.82% over 7 fiscal years, falling from ₹2.64 Crore in FY 2018-19 to ₹1.62 Crore in FY 2024-25.
HSN Sub Chapter 6308 represents Woven fabric & yarn sets, tapestries under GST classification. This code helps businesses identify Woven fabric & yarn sets, tapestries correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 6308, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Woven fabric & yarn sets, tapestries.
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GST Rate for Woven fabric & yarn sets, tapestries under HSN Code 6308. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Chapter No
63HSN Code
HSN Description
Sets consisting of woven fabric and yarn, whether or not with accessories, for making up into rugs, tapestries, embroidered table cloths or serviettes, or similar textile articles, put up in packings for retail sale
New GST Rate
Old GST Rate
Following tariff HSN codes fall under Woven fabric & yarn sets, tapestries.
Tariff HSN
Description
SETS CONSISTING OF WOVEN FABRIC AND YARN, WHETHER OR NOT WITH ACCESSORIES, FOR MAKING UP INTO RUGS, TAPESTRIES, EMBROIDERED TABLE CLOTHS OR SERVIETTES, OR SIMILAR TEXTILE ARTICLES, PUT UP IN PACKINGSFOR RETAIL SALE (sale value not exceeding Rs. 1000 per piece)
Tariff HSN
Description
SETS CONSISTING OF WOVEN FABRIC AND YARN, WHETHER OR NOT WITH ACCESSORIES, FOR MAKING UP INTO RUGS, TAPESTRIES, EMBROIDERED TABLE CLOTHS OR SERVIETTES, OR SIMILAR TEXTILE ARTICLES, PUT UP IN PACKINGSFOR RETAIL SALE
India’s Exports
FY 2024-25₹2 Cr
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹3 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25−₹2 Cr
Surplus rank #542 of 1233 subchapters
% of Chapter 63
FY 2024-250.00%
Share of Chapter 63’s total exports in FY 2024-25
Import side: 0.06% of Chapter 63’s imports
Rank Within Chapter 63
FY 2024-25#10 of 10
Position by export value among subchapters in Chapter 63
Import-side rank: #10 of 10
At a glance
−7.82%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1127
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+40.98%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.00%
Contribution to Ch. 63
Share of Chapter 63 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
+1.97
Exports
2.64 ₹ Cr
0.0001% share
— YoY
0.01% of Ch. 63
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.02% of Ch. 63
Balance
−0.88
Exports
1.27 ₹ Cr
0.0001% share
−51.89% YoY
0.00% of Ch. 63
Imports
2.15 ₹ Cr
0.0001% share
+220.90% YoY
0.05% of Ch. 63
Balance
−0.11
Exports
1.32 ₹ Cr
0.0001% share
+3.94% YoY
0.00% of Ch. 63
Imports
1.43 ₹ Cr
0.0000% share
−33.49% YoY
0.03% of Ch. 63
Balance
−1.08
Exports
1.22 ₹ Cr
0.0000% share
−7.58% YoY
0.00% of Ch. 63
Imports
2.30 ₹ Cr
0.0001% share
+60.84% YoY
0.05% of Ch. 63
Balance
−2.27
Exports
1.72 ₹ Cr
0.0000% share
+40.98% YoY
0.00% of Ch. 63
Imports
3.99 ₹ Cr
0.0001% share
+73.48% YoY
0.08% of Ch. 63
Balance
−0.89
Exports
1.28 ₹ Cr
0.0000% share
−25.58% YoY
0.00% of Ch. 63
Imports
2.17 ₹ Cr
0.0000% share
−45.61% YoY
0.04% of Ch. 63
Balance
−1.61
Exports
1.62 ₹ Cr
0.0000% share
+26.56% YoY
0.00% of Ch. 63
Imports
3.23 ₹ Cr
0.0001% share
+48.85% YoY
0.06% of Ch. 63
CAGR · 7-Year
Exports
−7.82% /yr
Imports
29.97% /yr
reference, FY 2024-25
Export
₹51,627.62 Cr
Import
₹5,374.44 Cr
Trade Balance
+46,253.18
India's exports under HSN Sub-Chapter 6308 have declined at a compound annual rate of −7.82% over 7 fiscal years, falling from ₹2.64 Crore in FY 2018-19 to ₹1.62 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 6308 ranks #1127 out of 1233 subchapters by total export value. Within Chapter 63, it ranks #10 of 10. By trade surplus, it ranks #542 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 6308 was recorded in FY 2022-23, when exports surged by 40.98% over the prior year.
In FY 2024-25, India's imports of ₹3.23 Cr exceeded exports of ₹1.62 Cr, resulting in a trade deficit of ₹1.61 Crore — ranking #542 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 6308 have grown at 29.97% CAGR, reaching ₹3.23 Crore in FY 2024-25.
Among the 10 subchapters under Chapter 63, HSN Sub-Chapter 6308 ranks #10 by export value — accounting for 0.00% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.06% share (rank #10).
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 6308 and GST compliance.
It includes Woven fabric & yarn sets, tapestries
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.
Use a delivery challan for sending Woven fabric & yarn sets, tapestries 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.
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.
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.
Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.