--- title: "HSN Code for Other | Other | Cut-Tobacco | HSN 24039970 GST Rate" description: "Find HSN and GST Rates for 24039970 related to Other | Other | Cut-Tobacco with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-24039970/" --- # HSN Code 24039970: Other | Other | Cut-Tobacco - [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 2403: Manufactured Tobacco](https://busy.in/hsn/sub-chapter-2403/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other : Other : Cut-tobacco | 14% | 14% | 28% | 20% | ## Frequently asked questions ### What products are classified under HSN 24039970 ? It includes Other | Other | Cut-Tobacco ### Any common misclassification issue with Other / Other / Cut-Tobacco? 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. ### Do e‑way bill and e‑invoice apply for Other / Other / Cut-Tobacco? 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. ### How should mixed supplies be billed when Other / Other / Cut-Tobacco is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other / Other / Cut-Tobacco; Nil for exempt items if applicable). ### How much GST applies to Other / Other / Cut-Tobacco? Under HSN 24039970, Other / Other / Cut-Tobacco attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice. ### Does packaging or labelling change the GST for Other / Other / Cut-Tobacco? 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 Other / Other / Cut-Tobacco? 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. ## India's trade performance: HSN Code 24039970 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹119 Cr (+6.32% YoY) — 0.0032% of India's total exports - Imports: ₹396 Cr (+79.57% YoY) — 0.0065% of India's total imports - Trade balance: −₹276 Cr (Deficit); surplus rank #11547 of 12657 HSN codes - Share of Sub-Chapter 2403: 3.80% of its exports; import side 87.68% - Rank within Sub-Chapter 2403: #5 of 15 by export value; import-side #1 ### Key metrics - Export CAGR: 7.98% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2442 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +52.53% in FY 2023-24 - Contribution to Sub-Ch. 2403: 3.80% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 24039970 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. 2403 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2403 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 75.27 | 0.0033% | — | 3.43% | 61.24 | 0.0017% | — | 72.33% | +14.03 | #2338 | | FY 2019-20 | 103.35 | 0.0047% | +37.31% | 5.17% | 68.38 | 0.0020% | +11.66% | 74.67% | +34.97 | #1973 | | FY 2020-21 | 82.98 | 0.0039% | −19.71% | 4.07% | 50.42 | 0.0017% | −26.27% | 73.69% | +32.56 | #2279 | | FY 2021-22 | 56.56 | 0.0018% | −31.84% | 2.84% | 89.22 | 0.0020% | +76.95% | 40.46% | −32.66 | #3193 | | FY 2022-23 | 73.58 | 0.0020% | +30.09% | 3.12% | 145.37 | 0.0025% | +62.93% | 50.15% | −71.79 | #2968 | | FY 2023-24 | 112.23 | 0.0031% | +52.53% | 4.65% | 220.25 | 0.0039% | +51.51% | 50.53% | −108.02 | #2428 | | FY 2024-25 | 119.32 | 0.0032% | +6.32% | 3.80% | 395.51 | 0.0065% | +79.57% | 87.68% | −276.19 | #2442 | - CAGR (7-year): exports 7.98%/yr, imports 36.46%/yr (consistently Deficit) ## Key trade insights: HSN Code 24039970 export-import analysis ### Consistent export growth: 7.98% CAGR over 7 years India's exports under HSN Code 24039970 have grown at a compound annual rate of 7.98% over 7 fiscal years, rising from ₹75.27 Crore in FY 2018-19 to ₹119.32 Crore in FY 2024-25. ### HSN Code 24039970 ranked #2442 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 24039970 ranks #2442 out of 12657 HSN codes by total export value. Within Sub-Chapter 2403, it ranks #5 of 15. By trade surplus, it ranks #11547 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 24039970 exports The strongest single-year export movement for HSN Code 24039970 was recorded in FY 2023-24, when exports surged by 52.53% over the prior year. ### India records a trade deficit of ₹276.19 Crore in HSN Code 24039970 goods In FY 2024-25, India's imports of ₹395.51 Cr exceeded exports of ₹119.32 Cr, resulting in a trade deficit of ₹276.19 Crore — ranking #11547 of 12657 by surplus magnitude. ### Import growth of 36.46% CAGR signals rising demand for Other | Other | Cut-Tobacco India's imports under HSN Code 24039970 have grown at 36.46% CAGR, reaching ₹395.51 Crore in FY 2024-25. ### HSN Code 24039970 contributes 3.80% of Sub-Chapter 2403 exports — ranked #5 Among the 15 HSN codes under Sub-Chapter 2403, HSN Code 24039970 ranks #5 by export value — accounting for 3.80% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 87.68% share (rank #1). ## Related HSN Codes in Sub-Chapter 2403 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 24039990: Pan masala containing tobacco (‘Gutkha’)](https://busy.in/hsn/hsn-24039990/) | ₹1,477 Cr | | #2 | [HSN Code 24039910: Chewing tobacco, no lime tube](https://busy.in/hsn/hsn-24039910/) | ₹1,067 Cr | | #3 | [HSN Code 24031110: Other Biris (Non-Paper Rolled, Non-Machine)](https://busy.in/hsn/hsn-24031110/) | ₹239 Cr | | #4 | [HSN Code 24039930: Other \| Other \| Jarda Scented Tobacco](https://busy.in/hsn/hsn-24039930/) | ₹147 Cr | | #5 | HSN Code 24039970: Other \| Other \| Cut-Tobacco (this hsn code) | ₹119 Cr | | #6 | [HSN Code 24031921: Smoked Tilapia/Catfish/Eel/Snakehead (excl. pre-packaged)](https://busy.in/hsn/hsn-24031921/) | ₹38 Cr | | #7 | [HSN Code 24039960: Tobacco extracts and essence](https://busy.in/hsn/hsn-24039960/) | ₹16 Cr | | #8 | [HSN Code 24031929: Tobacco Refuse and Waste](https://busy.in/hsn/hsn-24031929/) | ₹13 Cr | | #9 | [HSN Code 24039100: Other : “Homogenised” or “reconstituted” tobacco](https://busy.in/hsn/hsn-24039100/) | ₹13 Cr | | #10 | [HSN Code 24039940: Other \| Other \| Snuff](https://busy.in/hsn/hsn-24039940/) | ₹3 Cr |