HSN Code 41021010: With Wool On | Sheep Skins

HSN Code 41021010 represents With Wool On | Sheep Skins under GST classification. This code helps businesses identify With Wool On | Sheep Skins correctly for billing, taxation, and trade. With HSN Code 41021010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of With Wool On | Sheep Skins.

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Description of Goods for HSN Code 41021010

HSN Code 41021010 relates to the following description.

Description of Goods

With wool on : Sheep skins

Chapter

41 - Raw hides and skins (other than furskins) and leather

Sub Chapter

4102 - Raw skins of sheep or lambs (fresh, or salted, dried, limed, pickled or otherwise preserved, but not tanned, parchment dressed or further prepared), whether or not with wool on or split, other than those excluded by note 1 ( c ) to this chapter

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 41021010 not include?

With Wool On | Sheep Skins does not include products with the following descriptions.

India’s Trade Performance — HSN Code 41021010 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

< ₹1 Crore

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹7 Cr

+20.07% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹7 Cr

Trade Deficit

Surplus rank #8774 of 12657 HSN codes

% of Sub-Chapter 4102

FY 2024-25

100.00%

Share of Sub-Chapter 4102’s total exports in FY 2024-25

Import side: 13.40% of Sub-Chapter 4102’s imports

Rank Within Sub-Chapter 4102

FY 2024-25

#1 of 8

Position by export value among HSN codes in Sub-Chapter 4102

Import-side rank: #3 of 8

At a glance

−29.29%

Export CAGR

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

#10437

National Export Rank

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

−87.50%

Peak Growth Year

FY 2019-20 · strongest single-year move

100.00%

Contribution to Sub-Ch. 4102

Share of Sub-Chapter 4102 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 41021010

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 #9301

Balance

−3.51

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

72.73% of Sub-Ch. 4102

Imports

3.59 ₹ Cr

0.0001% share

YoY

4.50% of Sub-Ch. 4102

FY 2019-20 Exp. Rank #9870

Balance

−6.30

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−87.50% YoY

100.00% of Sub-Ch. 4102

Imports

6.31 ₹ Cr

0.0002% share

+75.77% YoY

7.53% of Sub-Ch. 4102

FY 2020-21

Balance

−4.65

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

of Sub-Ch. 4102

Imports

4.65 ₹ Cr

0.0002% share

−26.31% YoY

9.03% of Sub-Ch. 4102

FY 2021-22 Exp. Rank #10198

Balance

−3.15

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

100.00% of Sub-Ch. 4102

Imports

3.16 ₹ Cr

0.0001% share

−32.04% YoY

4.64% of Sub-Ch. 4102

FY 2022-23

Balance

−1.74

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 4102

Imports

1.74 ₹ Cr

0.0000% share

−44.94% YoY

2.55% of Sub-Ch. 4102

FY 2023-24

Balance

−5.48

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 4102

Imports

5.48 ₹ Cr

0.0001% share

+214.94% YoY

14.72% of Sub-Ch. 4102

FY 2024-25 Exp. Rank #10437

Balance

−6.57

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

100.00% of Sub-Ch. 4102

Imports

6.58 ₹ Cr

0.0001% share

+20.07% YoY

13.40% of Sub-Ch. 4102

CAGR · 7-Year

Exports

−29.29% /yr

Imports

10.63% /yr

Consistently Deficit
Sub-Chapter 4102 total

reference, FY 2024-25

Export

₹0.01 Cr

Import

₹49.12 Cr

Trade Balance

−49.11

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

Key Trade Insights: HSN Code 41021010 Export-Import Analysis

Export Decline: −29.29% CAGR Over 7 Years

India's exports under HSN Code 41021010 have declined at a compound annual rate of −29.29% over 7 fiscal years, falling from ₹0.08 Crore in FY 2018-19 to ₹0.01 Crore in FY 2024-25.

HSN Code 41021010 Ranked #10437 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 41021010 ranks #10437 out of 12657 HSN codes by total export value. Within Sub-Chapter 4102, it ranks #1 of 8. By trade surplus, it ranks #8774 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 41021010 Exports

The strongest single-year export movement for HSN Code 41021010 was recorded in FY 2019-20, when exports declined by 87.50% over the prior year.

India Records a Trade Deficit of ₹6.57 Crore in HSN Code 41021010 Goods

In FY 2024-25, India's imports of ₹6.58 Cr exceeded exports of ₹0.01 Cr, resulting in a trade deficit of ₹6.57 Crore — ranking #8774 of 12657 by surplus magnitude.

Import Growth of 10.63% CAGR Signals Rising Demand for With Wool On | Sheep Skins

India's imports under HSN Code 41021010 have grown at 10.63% CAGR, reaching ₹6.58 Crore in FY 2024-25.

HSN Code 41021010 Contributes 100.00% of Sub-Chapter 4102 Exports — Ranked #1

Among the 8 HSN codes under Sub-Chapter 4102, HSN Code 41021010 ranks #1 by export value — accounting for 100.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 13.40% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 41021010 and GST compliance.

What products are classified under HSN 41021010 ?

It includes With Wool On | Sheep Skins

How should mixed supplies be billed when With Wool On / Sheep Skins is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for With Wool On / Sheep Skins; Nil for exempt items if applicable).

How much GST applies to With Wool On / Sheep Skins?

Under HSN 41021010, With Wool On / Sheep Skins attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for With Wool On / Sheep Skins?

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.

Can we claim ITC on inputs used to trade With Wool On / Sheep Skins?

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 With Wool On / Sheep Skins?

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.