HSN Code 24012040 represents Burley Tobacco Leaves: Partly or Wholly Stemmed or Stripped under GST classification. This code helps businesses identify Burley Tobacco Leaves: Partly or Wholly Stemmed or Stripped correctly for billing, taxation, and trade. With HSN Code 24012040, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Burley Tobacco Leaves: Partly or Wholly Stemmed or Stripped.
Join our guided walkthrough to see how BUSY can transform your business operations.
HSN Code 24012040 relates to the following description.
71% (If without lime tube and bearing a brand name) 65% (If with lime tube and bearing a brand name)
Description of Goods
Tobacco, partly or wholly stemmed or stripped : Burley 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
71% (If without lime tube and bearing a brand name) 65% (If with lime tube and bearing a brand name)
Burley Tobacco Leaves: Partly or Wholly Stemmed or Stripped 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 : Burley 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, not stemmed or stripped : other (Tobacco leaves)
Tobacco, partly or wholly stemmed or stripped : Flue cured virginia 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 : 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)
Tobacco, partly or wholly stemmed or stripped : Other (Tobacco leaves)
Tobacco refuse (Tobacco leaves)
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 : Burley 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, not stemmed or stripped : other (Tobacco leaves)
Tobacco, partly or wholly stemmed or stripped : Flue cured virginia 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 : 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)
Tobacco, partly or wholly stemmed or stripped : Other (Tobacco leaves)
Tobacco refuse (Tobacco leaves)
India’s Exports
FY 2024-25₹3,172 Cr
0.0862% of India’s total exports
India’s Imports
FY 2024-25₹8 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25₹3,164 Cr
Surplus rank #109 of 12657 HSN codes
% of Sub-Chapter 2401
FY 2024-2525.40%
Share of Sub-Chapter 2401’s total exports in FY 2024-25
Import side: 2.97% of Sub-Chapter 2401’s imports
Rank Within Sub-Chapter 2401
FY 2024-25#2 of 19
Position by export value among HSN codes in Sub-Chapter 2401
Import-side rank: #5 of 19
At a glance
34.70%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#161
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+97.44%
Peak Growth Year
FY 2022-23 · strongest single-year move
25.40%
Contribution to Sub-Ch. 2401
Share of Sub-Chapter 2401 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
+529.99
Exports
530.95 ₹ Cr
0.0232% share
— YoY
13.33% of Sub-Ch. 2401
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.93% of Sub-Ch. 2401
Balance
+522.34
Exports
522.52 ₹ Cr
0.0237% share
−1.59% YoY
13.89% of Sub-Ch. 2401
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−81.25% YoY
0.12% of Sub-Ch. 2401
Balance
+521.63
Exports
522.13 ₹ Cr
0.0243% share
−0.07% YoY
13.60% of Sub-Ch. 2401
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+177.78% YoY
0.39% of Sub-Ch. 2401
Balance
+647.48
Exports
647.87 ₹ Cr
0.0206% share
+24.08% YoY
15.24% of Sub-Ch. 2401
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−22.00% YoY
0.28% of Sub-Ch. 2401
Balance
+1,278.25
Exports
1,279.15 ₹ Cr
0.0353% share
+97.44% YoY
19.38% of Sub-Ch. 2401
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+130.77% YoY
0.72% of Sub-Ch. 2401
Balance
+1,632.55
Exports
1,632.89 ₹ Cr
0.0451% share
+27.65% YoY
18.74% of Sub-Ch. 2401
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−62.22% YoY
0.17% of Sub-Ch. 2401
Balance
+3,163.55
Exports
3,171.93 ₹ Cr
0.0862% share
+94.25% YoY
25.40% of Sub-Ch. 2401
Imports
8.38 ₹ Cr
0.0001% share
+2,364.71% YoY
2.97% of Sub-Ch. 2401
CAGR · 7-Year
Exports
34.70% /yr
Imports
43.49% /yr
reference, FY 2024-25
Export
₹12,490.08 Cr
Import
₹282.55 Cr
Trade Balance
+12,207.53
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.
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.
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.
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.
India's imports under HSN Code 24012040 have grown at 43.49% CAGR, reaching ₹8.38 Crore in FY 2024-25.
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).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 24012040 and GST compliance.
It includes 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.
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.
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.
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.
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).
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.