HS Code Guide · EPM Subvention
HS Code 060390 Meaning — Flowers & buds, dried/bleached for bouquets: Global Trade, India & Factoring Guide
HS 060390 covers flowers & buds, dried/bleached for bouquets. This guide explains what the code includes, its global trade, India's position, how GIFT City helps factor it, and whether MSME factoring qualifies for the 2.75% interest subvention.
What this HS code covers
HS 060390 sits in 06 — Live plants & floriculture. Official tariff description: “FLowers, cut; fLowers and fLower buds of a kind suitable for bouquets or ornamental purposes, dried, dyed, bleached, impregnated or otherwise prepared” In plain terms, it covers flowers & buds, dried/bleached for bouquets. Classification decides duty and documents; this 6-digit line is in the DGFT positive list (Trade Notice 25/2025-26 Annex V), so MSME factoring under it qualifies for the 2.75% subvention — details below.
What is HS 060390?
HS 060390 covers preserved flowers — dried, dyed, bleached or impregnated — for bouquet/ornamental use vs fresh (060311–060319) and foliage (060420/060490).
Official description: FLowers, cut; fLowers and fLower buds of a kind suitable for bouquets or ornamental purposes, dried, dyed, bleached, impregnated or otherwise prepared
What HS 060390 does in trade
- Separates preserved floriculture (storable, crafts/potpourri) from fresh perishable roses — logistics and duty differ.
- Is eligible — preserved flowers are in the positive list, so MSME factoring qualifies for 2.75%.
- Enables storable factoring with longer 60–90 day terms vs fresh 7–14 days.
Global perspective — where HS 060390 moves
Global preserved flower trade is craft-driven, China-led. Dried flowers feed home décor and potpourri. Netherlands is the re-export hub.
| Top global exporters | Top global importers |
|---|---|
| China | United States |
| Netherlands | Germany |
| Kenya | Netherlands |
| Ecuador | Japan |
| Colombia | France |
India's stance on HS 060390
India (Tamil Nadu, Karnataka) exports dried flowers/petals — small, artisanal, APEDA floriculture. Potpourri and dried rose petals target EU/US craft buyers.
Export docs to watch
Dried flowers need APEDA RCMC, phytosanitary and for EU dye-chemical compliance.
GIFT City — factoring HS 060390 in foreign currency
Preserved flowers are USD/EUR to EU — GIFT City FC factoring retains 2.75% with storable terms.
Trad can route eligible invoices via an IFSCA-regulated IBU or Finance Company/Finance Unit undertaking factoring in GIFT City. The 2.75% subvention is identical whether you factor via India (RBI-regulated) or GIFT City (IFSCA-regulated) — the choice is about currency, banking relationship and buyer location, not the benefit rate.
Common financing stack for this HS
Factoring advances 70–90% in 24–48 hours after invoice verification; balance minus discount/fees on buyer payment. Works alongside packing credit — factoring covers the post-shipment open-account gap.
MSME subvention — is HS 060390 eligible for 2.75%?
Yes — HS 060390 is in the positive list (Trade Notice 25/2025-26 Annex V). MSMEs involved in international value chains with a valid active IEC (not in DEL) and valid Udyam can claim 2.75% per annum on the factoring interest cost element when factoring via an RBI/IFSCA-regulated entity.
| Check | For HS 060390 |
|---|---|
| In positive list (HS-6) | Yes — 060390 listed in Annex V |
| Benefit | 2.75% p.a. on interest cost element |
| Annual cap | ₹50 lakh per MSME per FY |
| Valid from | Prospectively from 20 Feb 2026 |
| Need UIN per factor? | Yes — declaration of intent before factoring, valid till FY-end |
| Eligible factors | RBI-regulated (AD bank / factoring NBFC) or IFSCA-regulated (GIFT IBU/FC) |
| Not covered | Deemed exports (FTP Ch.7) & exports to SEZs |
Eight-digit HS? Use first 6 digits
Eligibility is at HS-6. If your 8-digit HS (e.g. 06039010) starts with 060390, it inherits this eligibility. Verify on the HS checker — enter 6 or 8 digits.
Check HS 060390 — free
Verify any 6 or 8-digit HS against the DGFT positive list and see the 2.75% factoring eligibility in seconds.
Open HS checkerFrequently asked questions
What is HS 060390 — Flowers & buds, dried/bleached for bouquets?
HS 060390 covers preserved flowers — dried, dyed, bleached or impregnated — for bouquet/ornamental use vs fresh (060311–060319) and foliage (060420/060490).
Is HS 060390 eligible for the 2.75% interest subvention?
Yes. HS 060390 is in the DGFT positive list (Trade Notice 25/2025-26 Annex V, 4139 HS-6 lines). MSMEs factoring exports under this line via RBI/IFSCA-regulated factors can claim 2.75% per annum on the interest cost element, capped at ₹50 lakh per MSME per year, prospectively from 20 Feb 2026. Requires valid IEC (not in DEL), valid Udyam, and a UIN per factor obtained before factoring.
Who can claim the 2.75% for HS 060390 and how?
MSMEs (as defined by Ministry of MSME) with active IEC and Udyam, factoring eligible exports of HS 060390 via RBI/IFSCA-regulated entities. File a declaration of intent on the DGFT portal to get a UIN per factor (valid till FY-end), factor the invoice, the factor files monthly IEC-wise claims; subvention is credited to your IEC-linked bank account.
Can HS 060390 be factored via GIFT City?
Yes. IBUs and Finance Companies/Finance Units undertaking factoring in GIFT City (IFSCA-regulated) are eligible financial institutions under IFSCA circular 19 Mar 2026 and must extend the 2.75% benefit. Useful for USD/EUR receivables where you want foreign-currency factoring.
What does factoring for HS 060390 cost after subvention?
Indicatively, factoring discount/interest is priced commercially (often 8–12% p.a. depending on buyer, tenor, currency) plus factoring fee ~0.5–3% ⚠️. The 2.75% offsets only the interest element — e.g. a 9% interest cost becomes ~6.25% effective on that element if eligible. Fees/insurance/FX remain. Compare all-in cost.
Related HS codes
Compare HS 060390 with other MSME-export lines in the same chapter or family.
See all codes on the HS code guides hub, or read the 2.75% subvention deep-dive.