--- title: "HSN Code for Burley Tobacco Leaves: Partly or Wholly Stemmed or Stripped | HSN 24012040 GST Rate" description: "Find HSN and GST Rates for 24012040 related to Burley Tobacco Leaves: Partly or Wholly Stemmed or Stripped with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-24012040/" --- # HSN Code 24012040: Burley Tobacco Leaves: Partly or Wholly Stemmed or Stripped - [Section 04: Guide to HSN Section 04](https://busy.in/hsn/section-04/) - [Chapter 24: Tobacco and Manufactured Tobacco Substitutes](https://busy.in/hsn/chapter-24/) - [Sub-chapter 2401: Unmanufactured tobacco](https://busy.in/hsn/sub-chapter-2401/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Tobacco, partly or wholly stemmed or stripped : Burley tobacco (Tobacco leaves) | 14% | 14% | 28% | 71% (If without lime tube and bearing a brand name) 65% (If with lime tube and bearing a brand name) | ## Frequently asked questions ### What products are classified under HSN 24012040 ? It includes Burley Tobacco Leaves: Partly or Wholly Stemmed or Stripped ### Any common misclassification issue with Burley Tobacco Leaves: Partly or Wholly Stemmed or Stripped? 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. ### How much GST applies to Burley Tobacco Leaves: Partly or Wholly Stemmed or Stripped? Under HSN 24012040, Burley Tobacco Leaves: Partly or Wholly Stemmed or Stripped attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice. ### Does packaging or labelling change the GST for Burley Tobacco Leaves: Partly or Wholly Stemmed or Stripped? For many agri/food items, GST applies at 5% when they are not fresh/chilled and are sold as pre‑packaged & labelled. Loose or fresh/chilled forms may be Nil. ### Can we claim ITC on inputs used to trade Burley Tobacco Leaves: Partly or Wholly Stemmed or Stripped? 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. ### How should mixed supplies be billed when Burley Tobacco Leaves: Partly or Wholly Stemmed or Stripped is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Burley Tobacco Leaves: Partly or Wholly Stemmed or Stripped; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Burley Tobacco Leaves: Partly or Wholly Stemmed or Stripped? 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. ## India's trade performance: HSN Code 24012040 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹3,172 Cr (+94.25% YoY) — 0.0862% of India's total exports - Imports: ₹8 Cr (+2,364.71% YoY) — 0.0001% of India's total imports - Trade balance: ₹3,164 Cr (Surplus); surplus rank #109 of 12657 HSN codes - Share of Sub-Chapter 2401: 25.40% of its exports; import side 2.97% - Rank within Sub-Chapter 2401: #2 of 19 by export value; import-side #5 ### Key metrics - Export CAGR: 34.70% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #161 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +97.44% in FY 2022-23 - Contribution to Sub-Ch. 2401: 25.40% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 24012040 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 2401 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2401 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 530.95 | 0.0232% | — | 13.33% | < ₹1 Crore | 0.0000% | — | 0.93% | +529.99 | #620 | | FY 2019-20 | 522.52 | 0.0237% | −1.59% | 13.89% | < ₹1 Crore | 0.0000% | −81.25% | 0.12% | +522.34 | #619 | | FY 2020-21 | 522.13 | 0.0243% | −0.07% | 13.60% | < ₹1 Crore | 0.0000% | +177.78% | 0.39% | +521.63 | #656 | | FY 2021-22 | 647.87 | 0.0206% | +24.08% | 15.24% | < ₹1 Crore | 0.0000% | −22.00% | 0.28% | +647.48 | #674 | | FY 2022-23 | 1,279.15 | 0.0353% | +97.44% | 19.38% | < ₹1 Crore | 0.0000% | +130.77% | 0.72% | +1,278.25 | #395 | | FY 2023-24 | 1,632.89 | 0.0451% | +27.65% | 18.74% | < ₹1 Crore | 0.0000% | −62.22% | 0.17% | +1,632.55 | #310 | | FY 2024-25 | 3,171.93 | 0.0862% | +94.25% | 25.40% | 8.38 | 0.0001% | +2,364.71% | 2.97% | +3,163.55 | #161 | - CAGR (7-year): exports 34.70%/yr, imports 43.49%/yr (consistently Surplus) ## Key trade insights: HSN Code 24012040 export-import analysis ### Consistent export growth: 34.70% CAGR over 7 years India's exports under HSN Code 24012040 have grown at a compound annual rate of 34.70% over 7 fiscal years, rising from ₹530.95 Crore in FY 2018-19 to ₹3,171.93 Crore in FY 2024-25. ### HSN Code 24012040 ranked #161 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 24012040 ranks #161 out of 12657 HSN codes by total export value. Within Sub-Chapter 2401, it ranks #2 of 19. By trade surplus, it ranks #109 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 24012040 exports The strongest single-year export movement for HSN Code 24012040 was recorded in FY 2022-23, when exports surged by 97.44% over the prior year. ### India maintains a trade surplus of ₹3,163.55 Crore in HSN Code 24012040 goods In FY 2024-25, India's exports of ₹3,171.93 Cr exceeded imports of ₹8.38 Cr, resulting in a trade surplus of ₹3,163.55 Crore — ranking #109 of 12657 by surplus magnitude. ### Import growth of 43.49% CAGR signals rising demand for Burley Tobacco Leaves: Partly or Wholly Stemmed or Stripped India's imports under HSN Code 24012040 have grown at 43.49% CAGR, reaching ₹8.38 Crore in FY 2024-25. ### HSN Code 24012040 contributes 25.40% of Sub-Chapter 2401 exports — ranked #2 Among the 19 HSN codes under Sub-Chapter 2401, HSN Code 24012040 ranks #2 by export value — accounting for 25.40% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.97% share (rank #5). ## Related HSN Codes in Sub-Chapter 2401 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 24012010: Flue Cured Virginia Tobacco Leaves (Stemmed)](https://busy.in/hsn/hsn-24012010/) | ₹7,563 Cr | | #2 | HSN Code 24012040: Burley Tobacco Leaves: Partly or Wholly Stemmed or Stripped (this hsn code) | ₹3,172 Cr | | #3 | [HSN Code 24011090: Unstemmed tobacco leaves](https://busy.in/hsn/hsn-24011090/) | ₹463 Cr | | #4 | [HSN Code 24012090: Tobacco, partly or wholly stemmed or stripped : Other (Tobacco leaves)](https://busy.in/hsn/hsn-24012090/) | ₹356 Cr | | #5 | [HSN Code 24012030: Sun Cured Virginia Tobacco Leaves (Stemmed)](https://busy.in/hsn/hsn-24012030/) | ₹325 Cr | | #6 | [HSN Code 24013000: Tobacco Refuse (Tobacco Leaves)](https://busy.in/hsn/hsn-24013000/) | ₹273 Cr | | #7 | [HSN Code 24012020: Sun Cured Natu Tobacco Leaves (Stemmed)](https://busy.in/hsn/hsn-24012020/) | ₹188 Cr | | #8 | [HSN Code 24011020: Sun Cured Natu Tobacco Leaves](https://busy.in/hsn/hsn-24011020/) | ₹42 Cr | | #9 | [HSN Code 24011040: Burley Tobacco Leaves](https://busy.in/hsn/hsn-24011040/) | ₹33 Cr | | #10 | [HSN Code 24011080: Hookah Tobacco Leaves (Non-Stemmed)](https://busy.in/hsn/hsn-24011080/) | ₹22 Cr |