--- title: "HSN Code for Coachwork Polishes & Similar Preparations: Excluding Metal Polishes | HSN 34053000 GST Rate" description: "Find HSN and GST Rates for 34053000 related to Coachwork Polishes & Similar Preparations: Excluding Metal Polishes with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-34053000/" --- # HSN Code 34053000: Coachwork Polishes & Similar Preparations: Excluding Metal Polishes - [Section 06: Guide to HSN Section 06](https://busy.in/hsn/section-06/) - [Chapter 34: Soap, Washing Preparations, Waxes](https://busy.in/hsn/chapter-34/) - [Sub-chapter 3405: Footwear creams](https://busy.in/hsn/sub-chapter-3405/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Polishes and similar preparations for coach-work, other than metal polishes | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 34053000 ? It includes Coachwork Polishes & Similar Preparations: Excluding Metal Polishes ### Can we claim ITC on inputs used to trade Coachwork Polishes & Similar Preparations: Excluding Metal Polishes? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Any common misclassification issue with Coachwork Polishes & Similar Preparations: Excluding Metal 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 much GST applies to Coachwork Polishes & Similar Preparations: Excluding Metal Polishes? Under HSN 34053000, Coachwork Polishes & Similar Preparations: Excluding Metal Polishes attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Coachwork Polishes & Similar Preparations: Excluding Metal Polishes is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Coachwork Polishes & Similar Preparations: Excluding Metal Polishes; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Coachwork Polishes & Similar Preparations: Excluding Metal 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. ## India's trade performance: HSN Code 34053000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹2 Cr (+243.75% YoY) — 0.0001% of India's total exports - Imports: ₹52 Cr (+4.86% YoY) — 0.0009% of India's total imports - Trade balance: −₹50 Cr (Deficit); surplus rank #10243 of 12657 HSN codes - Share of Sub-Chapter 3405: 2.38% of its exports; import side 20.21% - Rank within Sub-Chapter 3405: #6 of 6 by export value; import-side #2 ### Key metrics - Export CAGR: 9.02% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7510 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +243.75% in FY 2024-25 - Contribution to Sub-Ch. 3405: 2.38% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 34053000 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. 3405 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3405 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 1.31 | 0.0001% | — | 2.06% | 27.38 | 0.0008% | — | 16.95% | −26.07 | #7365 | | FY 2019-20 | 3.55 | 0.0002% | +170.99% | 5.86% | 15.10 | 0.0005% | −44.85% | 9.43% | −11.55 | #6246 | | FY 2020-21 | 1.15 | 0.0001% | −67.61% | 1.86% | 14.26 | 0.0005% | −5.56% | 11.27% | −13.11 | #7539 | | FY 2021-22 | 1.59 | 0.0001% | +38.26% | 2.01% | 19.99 | 0.0004% | +40.18% | 10.75% | −18.40 | #7568 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −77.99% | 0.39% | 30.70 | 0.0005% | +53.58% | 13.23% | −30.35 | #8954 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +82.86% | 0.66% | 49.59 | 0.0009% | +61.53% | 21.75% | −48.95 | #8606 | | FY 2024-25 | 2.20 | 0.0001% | +243.75% | 2.38% | 52.00 | 0.0009% | +4.86% | 20.21% | −49.80 | #7510 | - CAGR (7-year): exports 9.02%/yr, imports 11.28%/yr (consistently Deficit) ## Key trade insights: HSN Code 34053000 export-import analysis ### Consistent export growth: 9.02% CAGR over 7 years India's exports under HSN Code 34053000 have grown at a compound annual rate of 9.02% over 7 fiscal years, rising from ₹1.31 Crore in FY 2018-19 to ₹2.20 Crore in FY 2024-25. ### HSN Code 34053000 ranked #7510 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 34053000 ranks #7510 out of 12657 HSN codes by total export value. Within Sub-Chapter 3405, it ranks #6 of 6. By trade surplus, it ranks #10243 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 34053000 exports The strongest single-year export movement for HSN Code 34053000 was recorded in FY 2024-25, when exports surged by 243.75% over the prior year. ### India records a trade deficit of ₹49.80 Crore in HSN Code 34053000 goods In FY 2024-25, India's imports of ₹52.00 Cr exceeded exports of ₹2.20 Cr, resulting in a trade deficit of ₹49.80 Crore — ranking #10243 of 12657 by surplus magnitude. ### Import growth of 11.28% CAGR signals rising demand for Coachwork Polishes & Similar Preparations: Excluding Metal Polishes India's imports under HSN Code 34053000 have grown at 11.28% CAGR, reaching ₹52.00 Crore in FY 2024-25. ### HSN Code 34053000 contributes 2.38% of Sub-Chapter 3405 exports — ranked #6 Among the 6 HSN codes under Sub-Chapter 3405, HSN Code 34053000 ranks #6 by export value — accounting for 2.38% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 20.21% share (rank #2). ## Related HSN Codes in Sub-Chapter 3405 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 34051000: Footwear polishes](https://busy.in/hsn/hsn-34051000/) | ₹24 Cr | | #2 | [HSN Code 34059010: Cleaning Preparations](https://busy.in/hsn/hsn-34059010/) | ₹21 Cr | | #3 | [HSN Code 34054000: Scouring preparations](https://busy.in/hsn/hsn-34054000/) | ₹21 Cr | | #4 | [HSN Code 34059090: Polishes and creams, scouring pastes \| Other](https://busy.in/hsn/hsn-34059090/) | ₹15 Cr | | #5 | [HSN Code 34052000: Polishes and Creams for Shoes and Leather](https://busy.in/hsn/hsn-34052000/) | ₹8 Cr | | #6 | HSN Code 34053000: Coachwork Polishes & Similar Preparations: Excluding Metal Polishes (this hsn code) | ₹2 Cr |