HSN Code 41120000: Sheep/Lamb Leather (No Wool, excl. Heading 4114)

HSN Code 41120000 represents Sheep/Lamb Leather (No Wool, excl. Heading 4114) under GST classification. This code helps businesses identify Sheep/Lamb Leather (No Wool, excl. Heading 4114) correctly for billing, taxation, and trade. With HSN Code 41120000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Sheep/Lamb Leather (No Wool, excl. Heading 4114).

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Description of Goods for HSN Code 41120000

HSN Code 41120000 relates to the following description.

Description of Goods

leather further prepared after tanning or crusting, including parchment-dressed leather, of sheep or lamb, without wool on, whether or not split, other than leather of heading 4114

Chapter

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

Sub Chapter

4112 - Leather further prepared after tanning or crusting, including parchment-dressed leather, of sheep or lamb, without wool on, whether or not split, other than leather of heading 4114

CGST

6%

SGST

6%

IGST

12%

CESS

0%

India’s Trade Performance — HSN Code 41120000 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

₹524 Cr

−0.32% vs FY 2023-24

0.0142% of India’s total exports

India’s Imports

FY 2024-25

₹53 Cr

+20.91% vs FY 2023-24

0.0009% of India’s total imports

Trade Balance

FY 2024-25

₹470 Cr

Trade Surplus

Surplus rank #670 of 12657 HSN codes

% of Sub-Chapter 4112

FY 2024-25

100.00%

Share of Sub-Chapter 4112’s total exports in FY 2024-25

Import side: 100.00% of Sub-Chapter 4112’s imports

Rank Within Sub-Chapter 4112

FY 2024-25

#1 of 1

Position by export value among HSN codes in Sub-Chapter 4112

Import-side rank: #1 of 1

At a glance

−2.90%

Export CAGR

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

#978

National Export Rank

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

+34.90%

Peak Growth Year

FY 2021-22 · strongest single-year move

100.00%

Contribution to Sub-Ch. 4112

Share of Sub-Chapter 4112 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 41120000

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 #525

Balance

+584.21

Exports

624.85 ₹ Cr

0.0273% share

— YoY

100.00% of Sub-Ch. 4112

Imports

40.64 ₹ Cr

0.0011% share

— YoY

100.00% of Sub-Ch. 4112

FY 2019-20 Exp. Rank #636

Balance

+450.57

Exports

510.43 ₹ Cr

0.0232% share

−18.31% YoY

100.00% of Sub-Ch. 4112

Imports

59.86 ₹ Cr

0.0018% share

+47.29% YoY

100.00% of Sub-Ch. 4112

FY 2020-21 Exp. Rank #1012

Balance

+256.22

Exports

307.72 ₹ Cr

0.0143% share

−39.71% YoY

100.00% of Sub-Ch. 4112

Imports

51.50 ₹ Cr

0.0018% share

−13.97% YoY

100.00% of Sub-Ch. 4112

FY 2021-22 Exp. Rank #1001

Balance

+356.60

Exports

415.11 ₹ Cr

0.0132% share

+34.90% YoY

100.00% of Sub-Ch. 4112

Imports

58.51 ₹ Cr

0.0013% share

+13.61% YoY

100.00% of Sub-Ch. 4112

FY 2022-23 Exp. Rank #966

Balance

+406.41

Exports

473.09 ₹ Cr

0.0131% share

+13.97% YoY

100.00% of Sub-Ch. 4112

Imports

66.68 ₹ Cr

0.0012% share

+13.96% YoY

100.00% of Sub-Ch. 4112

FY 2023-24 Exp. Rank #922

Balance

+481.26

Exports

525.41 ₹ Cr

0.0145% share

+11.06% YoY

100.00% of Sub-Ch. 4112

Imports

44.15 ₹ Cr

0.0008% share

−33.79% YoY

100.00% of Sub-Ch. 4112

FY 2024-25 Exp. Rank #978

Balance

+470.35

Exports

523.73 ₹ Cr

0.0142% share

−0.32% YoY

100.00% of Sub-Ch. 4112

Imports

53.38 ₹ Cr

0.0009% share

+20.91% YoY

100.00% of Sub-Ch. 4112

CAGR · 7-Year

Exports

−2.90% /yr

Imports

4.65% /yr

Consistently Surplus
Sub-Chapter 4112 total

reference, FY 2024-25

Export

₹523.73 Cr

Import

₹53.38 Cr

Trade Balance

+470.35

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

Key Trade Insights: HSN Code 41120000 Export-Import Analysis

Export Decline: −2.90% CAGR Over 7 Years

India's exports under HSN Code 41120000 have declined at a compound annual rate of −2.90% over 7 fiscal years, falling from ₹624.85 Crore in FY 2018-19 to ₹523.73 Crore in FY 2024-25.

HSN Code 41120000 Ranked #978 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 41120000 ranks #978 out of 12657 HSN codes by total export value. Within Sub-Chapter 4112, it ranks #1 of 1. By trade surplus, it ranks #670 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 41120000 Exports

The strongest single-year export movement for HSN Code 41120000 was recorded in FY 2021-22, when exports surged by 34.90% over the prior year.

India Maintains a Trade Surplus of ₹470.35 Crore in HSN Code 41120000 Goods

In FY 2024-25, India's exports of ₹523.73 Cr exceeded imports of ₹53.38 Cr, resulting in a trade surplus of ₹470.35 Crore — ranking #670 of 12657 by surplus magnitude.

Import Growth of 4.65% CAGR Signals Stable Import Dependency for Sheep/Lamb Leather (No Wool, excl. Heading 4114)

India's imports under HSN Code 41120000 have grown at 4.65% CAGR, reaching ₹53.38 Crore in FY 2024-25.

HSN Code 41120000 Contributes 100.00% of Sub-Chapter 4112 Exports — Ranked #1

Among the 1 HSN codes under Sub-Chapter 4112, HSN Code 41120000 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 100.00% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 41120000 and GST compliance.

What products are classified under HSN 41120000 ?

It includes Sheep/Lamb Leather (No Wool, excl. Heading 4114)

Do e‑way bill and e‑invoice apply for Sheep/Lamb Leather (No Wool, excl. Heading 4114)?

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.

Any common misclassification issue with Sheep/Lamb Leather (No Wool, excl. Heading 4114)?

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

Does packaging or labelling change the GST for Sheep/Lamb Leather (No Wool, excl. Heading 4114)?

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 Sheep/Lamb Leather (No Wool, excl. Heading 4114) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Sheep/Lamb Leather (No Wool, excl. Heading 4114); Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Sheep/Lamb Leather (No Wool, excl. Heading 4114)?

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

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.