HSN Code 24012010: Flue Cured Virginia Tobacco Leaves (Stemmed)

HSN Code 24012010 represents Flue Cured Virginia Tobacco Leaves (Stemmed) under GST classification. This code helps businesses identify Flue Cured Virginia Tobacco Leaves (Stemmed) correctly for billing, taxation, and trade. With HSN Code 24012010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Flue Cured Virginia Tobacco Leaves (Stemmed).

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Description of Goods for HSN Code 24012010

HSN Code 24012010 relates to the following description.

Description of Goods

Tobacco, partly or wholly stemmed or stripped : Flue cured virginia tobacco (Tobacco leaves)

Chapter

24 - Tobacco and manufactured tobacco substitutes

Sub Chapter

2401 - Unmanufactured tobacco; tobacco refuse

CGST

14%

SGST

14%

IGST

28%

CESS

See note

CESS note

71% (If without lime tube and bearing a brand name) 65% (If with lime tube and bearing a brand name)

What does HSN Code 24012010 not include?

Flue Cured Virginia Tobacco Leaves (Stemmed) does not include products with the following descriptions.

Tobacco, not stemmed or stripped : Flue cured virginia tobacco (Tobacco leaves)

Tobacco, not stemmed or stripped : Sun cured country (natu) tobacco (Tobacco leaves)

Tobacco, not stemmed or stripped : Sun cured virginia tobacco (Tobacco leaves)

Tobacco, not stemmed or stripped : Tobacco for manufacture of biris, not stemmed (Tobacco leaves)

Tobacco, not stemmed or stripped : Tobacco for manufacture of chewing tobacco (Tobacco leaves)

Tobacco, not stemmed or stripped : Tobacco for manufacture of cigar and cheroot (Tobacco leaves)

Tobacco, not stemmed or stripped : Tobacco for manufacture of hookah tobacco (Tobacco leaves)

Tobacco, partly or wholly stemmed or stripped : Sun cured country (natu) tobacco (Tobacco leaves)

Tobacco, partly or wholly stemmed or stripped : Sun cured virginia tobacco (Tobacco leaves)

Tobacco, partly or wholly stemmed or stripped : Burley tobacco (Tobacco leaves)

Tobacco, partly or wholly stemmed or stripped : Tobacco for manufacture of biris (Tobacco leaves)

Tobacco, partly or wholly stemmed or stripped : Tobacco for manufacture of chewing tobacco (Tobacco leaves)

Tobacco, partly or wholly stemmed or stripped : Tobacco for manufacture of cigar and cheroot (Tobacco leaves)

Tobacco, partly or wholly stemmed or stripped : Tobacco for manufacture of hookah tobacco (Tobacco leaves)

India’s Trade Performance — HSN Code 24012010 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹7,563 Cr

+28.66% vs FY 2023-24

0.2055% of India’s total exports

India’s Imports

FY 2024-25

₹162 Cr

+35.27% vs FY 2023-24

0.0027% of India’s total imports

Trade Balance

FY 2024-25

₹7,401 Cr

Trade Surplus

Surplus rank #45 of 12657 HSN codes

% of Sub-Chapter 2401

FY 2024-25

60.55%

Share of Sub-Chapter 2401’s total exports in FY 2024-25

Import side: 57.24% of Sub-Chapter 2401’s imports

Rank Within Sub-Chapter 2401

FY 2024-25

#1 of 19

Position by export value among HSN codes in Sub-Chapter 2401

Import-side rank: #1 of 19

At a glance

18.23%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#61

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+56.16%

Peak Growth Year

FY 2022-23 · strongest single-year move

60.55%

Contribution to Sub-Ch. 2401

Share of Sub-Chapter 2401 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 24012010

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #111

Balance

+2,669.88

Exports

2,768.46 ₹ Cr

0.1212% share

YoY

69.48% of Sub-Ch. 2401

Imports

98.58 ₹ Cr

0.0028% share

YoY

95.81% of Sub-Ch. 2401

FY 2019-20 Exp. Rank #126

Balance

+2,463.76

Exports

2,524.17 ₹ Cr

0.1147% share

−8.82% YoY

67.11% of Sub-Ch. 2401

Imports

60.41 ₹ Cr

0.0018% share

−38.72% YoY

39.04% of Sub-Ch. 2401

FY 2020-21 Exp. Rank #129

Balance

+2,523.06

Exports

2,599.51 ₹ Cr

0.1209% share

+2.98% YoY

67.69% of Sub-Ch. 2401

Imports

76.45 ₹ Cr

0.0026% share

+26.55% YoY

59.22% of Sub-Ch. 2401

FY 2021-22 Exp. Rank #161

Balance

+2,800.62

Exports

2,889.64 ₹ Cr

0.0921% share

+11.16% YoY

67.99% of Sub-Ch. 2401

Imports

89.02 ₹ Cr

0.0019% share

+16.44% YoY

62.88% of Sub-Ch. 2401

FY 2022-23 Exp. Rank #102

Balance

+4,420.21

Exports

4,512.57 ₹ Cr

0.1246% share

+56.16% YoY

68.37% of Sub-Ch. 2401

Imports

92.36 ₹ Cr

0.0016% share

+3.75% YoY

73.54% of Sub-Ch. 2401

FY 2023-24 Exp. Rank #80

Balance

+5,759.05

Exports

5,878.60 ₹ Cr

0.1625% share

+30.27% YoY

67.47% of Sub-Ch. 2401

Imports

119.55 ₹ Cr

0.0021% share

+29.44% YoY

59.67% of Sub-Ch. 2401

FY 2024-25 Exp. Rank #61

Balance

+7,401.49

Exports

7,563.21 ₹ Cr

0.2055% share

+28.66% YoY

60.55% of Sub-Ch. 2401

Imports

161.72 ₹ Cr

0.0027% share

+35.27% YoY

57.24% of Sub-Ch. 2401

CAGR · 7-Year

Exports

18.23% /yr

Imports

8.60% /yr

Consistently Surplus
Sub-Chapter 2401 total

reference, FY 2024-25

Export

₹12,490.08 Cr

Import

₹282.55 Cr

Trade Balance

+12,207.53

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 24012010 Export-Import Analysis

Consistent Export Growth: 18.23% CAGR Over 7 Years

India's exports under HSN Code 24012010 have grown at a compound annual rate of 18.23% over 7 fiscal years, rising from ₹2,768.46 Crore in FY 2018-19 to ₹7,563.21 Crore in FY 2024-25.

HSN Code 24012010 Ranked #61 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 24012010 ranks #61 out of 12657 HSN codes by total export value. Within Sub-Chapter 2401, it ranks #1 of 19. By trade surplus, it ranks #45 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 24012010 Exports

The strongest single-year export movement for HSN Code 24012010 was recorded in FY 2022-23, when exports surged by 56.16% over the prior year.

India Maintains a Trade Surplus of ₹7,401.49 Crore in HSN Code 24012010 Goods

In FY 2024-25, India's exports of ₹7,563.21 Cr exceeded imports of ₹161.72 Cr, resulting in a trade surplus of ₹7,401.49 Crore — ranking #45 of 12657 by surplus magnitude.

Import Growth of 8.60% CAGR Signals Stable Import Dependency for Flue Cured Virginia Tobacco Leaves (Stemmed)

India's imports under HSN Code 24012010 have grown at 8.60% CAGR, reaching ₹161.72 Crore in FY 2024-25.

HSN Code 24012010 Contributes 60.55% of Sub-Chapter 2401 Exports — Ranked #1

Among the 19 HSN codes under Sub-Chapter 2401, HSN Code 24012010 ranks #1 by export value — accounting for 60.55% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 57.24% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 24012010 and GST compliance.

What products are classified under HSN 24012010 ?

It includes Flue Cured Virginia Tobacco Leaves (Stemmed)

How much GST applies to Flue Cured Virginia Tobacco Leaves (Stemmed)?

Under HSN 24012010, Flue Cured Virginia Tobacco Leaves (Stemmed) attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

How should mixed supplies be billed when Flue Cured Virginia Tobacco Leaves (Stemmed) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Flue Cured Virginia Tobacco Leaves (Stemmed); Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Flue Cured Virginia Tobacco Leaves (Stemmed)?

Generate an e‑way bill if the consignment value exceeds ₹50,000 (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.

Can we claim ITC on inputs used to trade Flue Cured Virginia Tobacco Leaves (Stemmed)?

If your outward supply is taxable (5%/12% etc.), eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Any common misclassification issue with Flue Cured Virginia Tobacco Leaves (Stemmed)?

Use the exact HSN and the correct form (fresh/chilled vs. frozen/dried; PPL vs. not). Apply the rate per line to avoid wrong tax collection.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.