HSN Code 33041000 represents Lip Make-Up Preparations under GST classification. This code helps businesses identify Lip Make-Up Preparations correctly for billing, taxation, and trade. With HSN Code 33041000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Lip Make-Up Preparations.
Join our guided walkthrough to see how BUSY can transform your business operations.
HSN Code 33041000 relates to the following description.
Description of Goods
Lip make-up preparations
Chapter
33 - Essential oils and resinoids, perfumery, cosmetic or toilet preparations
Sub Chapter
3304 - Beauty or make-up preparations and preparations for the care of the skin (other than medicaments), including sunscreen or suntan preparations; manicure or pedicure preparations
CGST
9%
SGST
9%
IGST
18%
CESS
0%
Lip Make-Up Preparations does not include products with the following descriptions.
Eye make-up preparations – Kajal (other than kajal pencil sticks)
Manicure or pedicure preparations
Other : Powders, whether or not compressed : Face powders
Other : Powders, whether or not compressed : Talcum powders
Other : Powders, whether or not compressed : Other
Other : Other : Face creams
Other : Other : Nail polish or lacquers
Other : Other : Moisturising lotion
Other : Other : Sindur, bindi, kumkum, alta
Other : Other : Turmeric preparations
Other : Other : Other
Eye make-up preparations – Kajal (other than kajal pencil sticks)
Manicure or pedicure preparations
Other : Powders, whether or not compressed : Face powders
Other : Powders, whether or not compressed : Talcum powders
Other : Powders, whether or not compressed : Other
Other : Other : Face creams
Other : Other : Nail polish or lacquers
Other : Other : Moisturising lotion
Other : Other : Sindur, bindi, kumkum, alta
Other : Other : Turmeric preparations
Other : Other : Other
India’s Exports
FY 2024-25₹59 Cr
0.0016% of India’s total exports
India’s Imports
FY 2024-25₹517 Cr
0.0085% of India’s total imports
Trade Balance
FY 2024-25−₹458 Cr
Surplus rank #11837 of 12657 HSN codes
% of Sub-Chapter 3304
FY 2024-251.67%
Share of Sub-Chapter 3304’s total exports in FY 2024-25
Import side: 13.77% of Sub-Chapter 3304’s imports
Rank Within Sub-Chapter 3304
FY 2024-25#5 of 12
Position by export value among HSN codes in Sub-Chapter 3304
Import-side rank: #2 of 12
At a glance
−3.24%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3388
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+56.82%
Peak Growth Year
FY 2023-24 · strongest single-year move
1.67%
Contribution to Sub-Ch. 3304
Share of Sub-Chapter 3304 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
−174.28
Exports
72.22 ₹ Cr
0.0032% share
— YoY
5.92% of Sub-Ch. 3304
Imports
246.50 ₹ Cr
0.0069% share
— YoY
17.25% of Sub-Ch. 3304
Balance
−213.08
Exports
52.04 ₹ Cr
0.0024% share
−27.94% YoY
4.36% of Sub-Ch. 3304
Imports
265.12 ₹ Cr
0.0079% share
+7.55% YoY
16.94% of Sub-Ch. 3304
Balance
−104.96
Exports
23.61 ₹ Cr
0.0011% share
−54.63% YoY
2.09% of Sub-Ch. 3304
Imports
128.57 ₹ Cr
0.0044% share
−51.51% YoY
11.31% of Sub-Ch. 3304
Balance
−200.72
Exports
31.75 ₹ Cr
0.0010% share
+34.48% YoY
2.16% of Sub-Ch. 3304
Imports
232.47 ₹ Cr
0.0051% share
+80.81% YoY
9.30% of Sub-Ch. 3304
Balance
−319.34
Exports
44.23 ₹ Cr
0.0012% share
+39.31% YoY
1.47% of Sub-Ch. 3304
Imports
363.57 ₹ Cr
0.0063% share
+56.39% YoY
9.93% of Sub-Ch. 3304
Balance
−358.65
Exports
69.36 ₹ Cr
0.0019% share
+56.82% YoY
1.05% of Sub-Ch. 3304
Imports
428.01 ₹ Cr
0.0076% share
+17.72% YoY
4.65% of Sub-Ch. 3304
Balance
−457.92
Exports
59.28 ₹ Cr
0.0016% share
−14.53% YoY
1.67% of Sub-Ch. 3304
Imports
517.20 ₹ Cr
0.0085% share
+20.84% YoY
13.77% of Sub-Ch. 3304
CAGR · 7-Year
Exports
−3.24% /yr
Imports
13.15% /yr
reference, FY 2024-25
Export
₹3,545.47 Cr
Import
₹3,756.71 Cr
Trade Balance
−211.24
India's exports under HSN Code 33041000 have declined at a compound annual rate of −3.24% over 7 fiscal years, falling from ₹72.22 Crore in FY 2018-19 to ₹59.28 Crore in FY 2024-25.
In FY 2024-25, HSN Code 33041000 ranks #3388 out of 12657 HSN codes by total export value. Within Sub-Chapter 3304, it ranks #5 of 12. By trade surplus, it ranks #11837 of 12657.
The strongest single-year export movement for HSN Code 33041000 was recorded in FY 2023-24, when exports surged by 56.82% over the prior year.
In FY 2024-25, India's imports of ₹517.20 Cr exceeded exports of ₹59.28 Cr, resulting in a trade deficit of ₹457.92 Crore — ranking #11837 of 12657 by surplus magnitude.
India's imports under HSN Code 33041000 have grown at 13.15% CAGR, reaching ₹517.20 Crore in FY 2024-25.
Among the 12 HSN codes under Sub-Chapter 3304, HSN Code 33041000 ranks #5 by export value — accounting for 1.67% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 13.77% share (rank #2).
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 33041000 and GST compliance.
It includes Lip Make-Up Preparations
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.
e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Lip Make-Up Preparations; Nil for exempt items if applicable).