HSN Code 40159020: Other | Labels
HSN Code 40159020 represents Other | Labels under GST classification. This code helps businesses identify Other | Labels correctly for billing, taxation, and trade. With HSN Code 40159020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Labels.
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Description of Goods for HSN Code 40159020
HSN Code 40159020 relates to the following description.
What does HSN Code 40159020 not include?
Other | Labels does not include products with the following descriptions.
Articles of apparel and clothing accessories (including gloves, mittens and mitts) for all purposes, of vulcanised rubber other than hard rubber - gloves, mittens and mitts : surgical
Gloves, mittens and mitts: Of a kind used for medical, surgical, dental or veterinary purposes
Gloves, mittens and mitts: Other
Other : Rubber apron
Other : Industrial gloves
Other : Other: Diving suits
Other : Other: Other
Articles of apparel and clothing accessories (including gloves, mittens and mitts) for all purposes, of vulcanised rubber other than hard rubber - gloves, mittens and mitts : surgical
Gloves, mittens and mitts: Of a kind used for medical, surgical, dental or veterinary purposes
Gloves, mittens and mitts: Other
Other : Rubber apron
Other : Industrial gloves
Other : Other: Diving suits
Other : Other: Other
India’s Trade Performance — HSN Code 40159020 in FY 2024-25
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹1 Cr
0.0000% of India’s total imports
Trade Balance
FY 2024-25−< ₹1 Crore
Surplus rank #7784 of 12657 HSN codes
% of Sub-Chapter 4015
FY 2024-250.07%
Share of Sub-Chapter 4015’s total exports in FY 2024-25
Import side: 0.10% of Sub-Chapter 4015’s imports
Rank Within Sub-Chapter 4015
FY 2024-25#5 of 8
Position by export value among HSN codes in Sub-Chapter 4015
Import-side rank: #6 of 8
At a glance
−0.39%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#8946
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+1,000.00%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.07%
Contribution to Sub-Ch. 4015
Share of Sub-Chapter 4015 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 40159020
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−0.64
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.14% of Sub-Ch. 4015
Imports
1.07 ₹ Cr
0.0000% share
— YoY
0.16% of Sub-Ch. 4015
Balance
−1.10
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−37.21% YoY
0.08% of Sub-Ch. 4015
Imports
1.37 ₹ Cr
0.0000% share
+28.04% YoY
0.17% of Sub-Ch. 4015
Balance
−1.31
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−33.33% YoY
0.02% of Sub-Ch. 4015
Imports
1.49 ₹ Cr
0.0001% share
+8.76% YoY
0.08% of Sub-Ch. 4015
Balance
−1.07
Exports
1.98 ₹ Cr
0.0001% share
+1,000.00% YoY
0.20% of Sub-Ch. 4015
Imports
3.05 ₹ Cr
0.0001% share
+104.70% YoY
0.11% of Sub-Ch. 4015
Balance
−1.87
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−94.95% YoY
0.01% of Sub-Ch. 4015
Imports
1.97 ₹ Cr
0.0000% share
−35.41% YoY
0.19% of Sub-Ch. 4015
Balance
−1.23
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+180.00% YoY
0.05% of Sub-Ch. 4015
Imports
1.51 ₹ Cr
0.0000% share
−23.35% YoY
0.16% of Sub-Ch. 4015
Balance
−0.69
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+50.00% YoY
0.07% of Sub-Ch. 4015
Imports
1.11 ₹ Cr
0.0000% share
−26.49% YoY
0.10% of Sub-Ch. 4015
CAGR · 7-Year
Exports
−0.39% /yr
Imports
0.61% /yr
reference, FY 2024-25
Export
₹582.95 Cr
Import
₹1,069.01 Cr
Trade Balance
−486.06
Key Trade Insights: HSN Code 40159020 Export-Import Analysis
Export Decline: −0.39% CAGR Over 7 Years
India's exports under HSN Code 40159020 have declined at a compound annual rate of −0.39% over 7 fiscal years, falling from ₹0.43 Crore in FY 2018-19 to ₹0.42 Crore in FY 2024-25.
HSN Code 40159020 Ranked #8946 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 40159020 ranks #8946 out of 12657 HSN codes by total export value. Within Sub-Chapter 4015, it ranks #5 of 8. By trade surplus, it ranks #7784 of 12657.
FY 2021-22 Was the Strongest Growth Year for HSN Code 40159020 Exports
The strongest single-year export movement for HSN Code 40159020 was recorded in FY 2021-22, when exports surged by 1,000.00% over the prior year.
India Records a Trade Deficit of ₹0.69 Crore in HSN Code 40159020 Goods
In FY 2024-25, India's imports of ₹1.11 Cr exceeded exports of ₹0.42 Cr, resulting in a trade deficit of ₹0.69 Crore — ranking #7784 of 12657 by surplus magnitude.
Import Growth of 0.61% CAGR Signals Stable Import Dependency for Other | Labels
India's imports under HSN Code 40159020 have grown at 0.61% CAGR, reaching ₹1.11 Crore in FY 2024-25.
HSN Code 40159020 Contributes 0.07% of Sub-Chapter 4015 Exports — Ranked #5
Among the 8 HSN codes under Sub-Chapter 4015, HSN Code 40159020 ranks #5 by export value — accounting for 0.07% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.10% share (rank #6).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 40159020 and GST compliance.
What products are classified under HSN 40159020 ?
It includes Other | Labels
Can we claim ITC on inputs used to trade Other / Labels?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
How much GST applies to Other / Labels?
Under HSN 40159020, Other / Labels attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Does packaging or labelling change the GST for Other / Labels?
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 should mixed supplies be billed when Other / Labels is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other / Labels; Nil for exempt items if applicable).
Do e‑way bill and e‑invoice apply for Other / Labels?
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.