HSN Code 34051000: Footwear polishes

HSN Code 34051000 represents Footwear polishes under GST classification. This code helps businesses identify Footwear polishes correctly for billing, taxation, and trade. With HSN Code 34051000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Footwear polishes.

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Description of Goods for HSN Code 34051000

HSN Code 34051000 relates to the following description.

Description of Goods

Polishes, creams and similar preparations for footwear or leather

Chapter

34 - Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modelling pastes, “dental waxes” and dental preparations with a basis of plaster

Sub Chapter

3405 - Polishes and creams, for footwear, furniture,floors, coachwork, glass or metal, scouring pastes and powders and similar preparations (whether or not in the form of paper, wadding,felt, nonwovens, cellular plastics or cellular rubber, impregnated, coated or covered with such preparations), excluding waxes of heading 3404

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 34051000 not include?

Footwear polishes does not include products with the following descriptions.

HSN Code 34052000

Polishes, creams and similar preparations for the maintenance of wooden furniture, floors or other wood work

HSN Code 34053000

Polishes and similar preparations for coach-work, other than metal polishes

HSN Code 34059010

Other : Polishes and compositions for application to metal including diamond polishing powder or paste

India’s Trade Performance — HSN Code 34051000 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

₹24 Cr

+9.01% vs FY 2023-24

0.0007% of India’s total exports

India’s Imports

FY 2024-25

₹38 Cr

+26.39% vs FY 2023-24

0.0006% of India’s total imports

Trade Balance

FY 2024-25

−₹13 Cr

Trade Deficit

Surplus rank #9271 of 12657 HSN codes

% of Sub-Chapter 3405

FY 2024-25

26.36%

Share of Sub-Chapter 3405’s total exports in FY 2024-25

Import side: 14.63% of Sub-Chapter 3405’s imports

Rank Within Sub-Chapter 3405

FY 2024-25

#1 of 6

Position by export value among HSN codes in Sub-Chapter 3405

Import-side rank: #3 of 6

At a glance

13.24%

Export CAGR

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

#4602

National Export Rank

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

+75.70%

Peak Growth Year

FY 2021-22 · strongest single-year move

26.36%

Contribution to Sub-Ch. 3405

Share of Sub-Chapter 3405 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 34051000

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 #4825

Balance

−27.48

Exports

11.54 ₹ Cr

0.0005% share

— YoY

18.18% of Sub-Ch. 3405

Imports

39.02 ₹ Cr

0.0011% share

— YoY

24.15% of Sub-Ch. 3405

FY 2019-20 Exp. Rank #5090

Balance

−25.31

Exports

9.40 ₹ Cr

0.0004% share

−18.54% YoY

15.53% of Sub-Ch. 3405

Imports

34.71 ₹ Cr

0.0010% share

−11.05% YoY

21.67% of Sub-Ch. 3405

FY 2020-21 Exp. Rank #5489

Balance

−13.26

Exports

7.12 ₹ Cr

0.0003% share

−24.26% YoY

11.54% of Sub-Ch. 3405

Imports

20.38 ₹ Cr

0.0007% share

−41.28% YoY

16.11% of Sub-Ch. 3405

FY 2021-22 Exp. Rank #5198

Balance

−18.82

Exports

12.51 ₹ Cr

0.0004% share

+75.70% YoY

15.84% of Sub-Ch. 3405

Imports

31.33 ₹ Cr

0.0007% share

+53.73% YoY

16.84% of Sub-Ch. 3405

FY 2022-23 Exp. Rank #4785

Balance

−22.24

Exports

18.32 ₹ Cr

0.0005% share

+46.44% YoY

20.22% of Sub-Ch. 3405

Imports

40.56 ₹ Cr

0.0007% share

+29.46% YoY

17.48% of Sub-Ch. 3405

FY 2023-24 Exp. Rank #4618

Balance

−7.46

Exports

22.32 ₹ Cr

0.0006% share

+21.83% YoY

23.06% of Sub-Ch. 3405

Imports

29.78 ₹ Cr

0.0005% share

−26.58% YoY

13.06% of Sub-Ch. 3405

FY 2024-25 Exp. Rank #4602

Balance

−13.31

Exports

24.33 ₹ Cr

0.0007% share

+9.01% YoY

26.36% of Sub-Ch. 3405

Imports

37.64 ₹ Cr

0.0006% share

+26.39% YoY

14.63% of Sub-Ch. 3405

CAGR · 7-Year

Exports

13.24% /yr

Imports

−0.60% /yr

Consistently Deficit
Sub-Chapter 3405 total

reference, FY 2024-25

Export

₹92.30 Cr

Import

₹257.36 Cr

Trade Balance

−165.06

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

Key Trade Insights: HSN Code 34051000 Export-Import Analysis

Consistent Export Growth: 13.24% CAGR Over 7 Years

India's exports under HSN Code 34051000 have grown at a compound annual rate of 13.24% over 7 fiscal years, rising from ₹11.54 Crore in FY 2018-19 to ₹24.33 Crore in FY 2024-25.

HSN Code 34051000 Ranked #4602 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 34051000 ranks #4602 out of 12657 HSN codes by total export value. Within Sub-Chapter 3405, it ranks #1 of 6. By trade surplus, it ranks #9271 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 34051000 Exports

The strongest single-year export movement for HSN Code 34051000 was recorded in FY 2021-22, when exports surged by 75.70% over the prior year.

India Records a Trade Deficit of ₹13.31 Crore in HSN Code 34051000 Goods

In FY 2024-25, India's imports of ₹37.64 Cr exceeded exports of ₹24.33 Cr, resulting in a trade deficit of ₹13.31 Crore — ranking #9271 of 12657 by surplus magnitude.

Import Growth of −0.60% CAGR Signals Stable Import Dependency for Footwear polishes

India's imports under HSN Code 34051000 have grown at −0.60% CAGR, reaching ₹37.64 Crore in FY 2024-25.

HSN Code 34051000 Contributes 26.36% of Sub-Chapter 3405 Exports — Ranked #1

Among the 6 HSN codes under Sub-Chapter 3405, HSN Code 34051000 ranks #1 by export value — accounting for 26.36% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 14.63% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 34051000 and GST compliance.

What products are classified under HSN 34051000 ?

It includes Footwear polishes

Any common misclassification issue with Footwear polishes?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

How should mixed supplies be billed when Footwear polishes is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Footwear polishes; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Footwear polishes?

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.

How much GST applies to Footwear polishes?

Under HSN 34051000, Footwear polishes attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Footwear polishes?

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

Do e‑way bill and e‑invoice apply for Footwear polishes?

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.

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.