---
title: "HSN Code for Composition Leather | HSN 40103911 GST Rate"
description: "Find HSN and GST Rates for 40103911 related to Composition Leather with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-40103911/"
---

# HSN Code 40103911: Composition Leather

- [Section 07: Guide to HSN Section 07](https://busy.in/hsn/section-07/)
- [Chapter 40: Rubber and Articles Thereof](https://busy.in/hsn/chapter-40/)
- [Sub-chapter 4010: Rubber conveyor belts](https://busy.in/hsn/sub-chapter-4010/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Transmission belts or belting : Other : Where the rubber compound content is less than 25% by weight : Endless flat belt | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 40103911 ?

It includes Composition Leather

### Any common misclassification issue with Composition Leather?

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 Composition Leather is sold with other items?

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

### Does packaging or labelling change the GST for Composition Leather?

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.

### Do e‑way bill and e‑invoice apply for Composition Leather?

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.

### Can we claim ITC on inputs used to trade Composition Leather?

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

## India's trade performance: HSN Code 40103911 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: < ₹1 Crore (+62.22% YoY) — 0.0000% of India's total exports
- Imports: ₹5 Cr (+38.81% YoY) — 0.0001% of India's total imports
- Trade balance: −₹4 Cr (Deficit); surplus rank #8485 of 12657 HSN codes
- Share of Sub-Chapter 4010: 0.04% of its exports; import side 0.42%
- Rank within Sub-Chapter 4010: #17 of 26 by export value; import-side #15

### Key metrics

- Export CAGR: 9.22% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #8515 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +90.63% in FY 2021-22
- Contribution to Sub-Ch. 4010: 0.04% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 40103911

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. 4010 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4010 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.04% | 4.09 | 0.0001% | — | 0.60% | −3.66 | #8296 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | +6.98% | 0.05% | 2.97 | 0.0001% | −27.38% | 0.46% | −2.51 | #8256 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | −30.43% | 0.04% | 2.49 | 0.0001% | −16.16% | 0.40% | −2.17 | #8563 |
| FY 2021-22 | < ₹1 Crore | 0.0000% | +90.63% | 0.05% | 3.56 | 0.0001% | +42.97% | 0.45% | −2.95 | #8436 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | −14.75% | 0.03% | 2.57 | 0.0000% | −27.81% | 0.27% | −2.05 | #8644 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | −13.46% | 0.03% | 3.35 | 0.0001% | +30.35% | 0.33% | −2.90 | #8881 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | +62.22% | 0.04% | 4.65 | 0.0001% | +38.81% | 0.42% | −3.92 | #8515 |

- CAGR (7-year): exports 9.22%/yr, imports 2.16%/yr (consistently Deficit)

## Key trade insights: HSN Code 40103911 export-import analysis

### Consistent export growth: 9.22% CAGR over 7 years

India's exports under HSN Code 40103911 have grown at a compound annual rate of 9.22% over 7 fiscal years, rising from ₹0.43 Crore in FY 2018-19 to ₹0.73 Crore in FY 2024-25.

### HSN Code 40103911 ranked #8515 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 40103911 ranks #8515 out of 12657 HSN codes by total export value. Within Sub-Chapter 4010, it ranks #17 of 26. By trade surplus, it ranks #8485 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 40103911 exports

The strongest single-year export movement for HSN Code 40103911 was recorded in FY 2021-22, when exports surged by 90.63% over the prior year.

### India records a trade deficit of ₹3.92 Crore in HSN Code 40103911 goods

In FY 2024-25, India's imports of ₹4.65 Cr exceeded exports of ₹0.73 Cr, resulting in a trade deficit of ₹3.92 Crore — ranking #8485 of 12657 by surplus magnitude.

### Import growth of 2.16% CAGR signals stable import dependency for Composition Leather

India's imports under HSN Code 40103911 have grown at 2.16% CAGR, reaching ₹4.65 Crore in FY 2024-25.

### HSN Code 40103911 contributes 0.04% of Sub-Chapter 4010 exports — ranked #17

Among the 26 HSN codes under Sub-Chapter 4010, HSN Code 40103911 ranks #17 by export value — accounting for 0.04% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.42% share (rank #15).

## Related HSN Codes in Sub-Chapter 4010

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 40101290: Conveyor Belts – Textile Reinforced (Other)](https://busy.in/hsn/hsn-40101290/) | ₹765 Cr |
| #2 | [HSN Code 40103999: Transmission belts or belting: Other](https://busy.in/hsn/hsn-40103999/) | ₹734 Cr |
| #3 | [HSN Code 40103390: V-Belts (>60-180cm)](https://busy.in/hsn/hsn-40103390/) | ₹94 Cr |
| #4 | [HSN Code 40101190: Metal reinforced conveyor belts](https://busy.in/hsn/hsn-40101190/) | ₹77 Cr |
| #5 | [HSN Code 40103290: Other V-Belts](https://busy.in/hsn/hsn-40103290/) | ₹53 Cr |
| #6 | [HSN Code 40103190: V-Belts (>180-240cm)](https://busy.in/hsn/hsn-40103190/) | ₹22 Cr |
| #7 | [HSN Code 40103590: Endless synchronous belts (>60-150cm): SynchroBelt L](https://busy.in/hsn/hsn-40103590/) | ₹21 Cr |
| #8 | [HSN Code 40103919: Other Vulcanized Rubber Hose Assemblies](https://busy.in/hsn/hsn-40103919/) | ₹20 Cr |
| #9 | [HSN Code 40103490: Non-Ribbed V-Belts (>180-240cm)](https://busy.in/hsn/hsn-40103490/) | ₹9 Cr |
| #10 | [HSN Code 40101990: Other Conveyor Belts](https://busy.in/hsn/hsn-40101990/) | ₹5 Cr |
| #17 | HSN Code 40103911: Composition Leather (this hsn code) | < ₹1 Crore |