HSN Code 41152010: Parachutes & Parts/Accessories

HSN Code 41152010 represents Parachutes & Parts/Accessories under GST classification. This code helps businesses identify Parachutes & Parts/Accessories correctly for billing, taxation, and trade. With HSN Code 41152010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Parachutes & Parts/Accessories.

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Description of Goods for HSN Code 41152010

HSN Code 41152010 relates to the following description.

Description of Goods

Parings and other waste of leather or of composition leather, not suitable for the manufacture of leather articles ; leather dust, powder and flour: Cuttings of leather

Chapter

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

Sub Chapter

4115 - Composition leather with a basis of leather or leather fiber, in slabs, sheets or strip, whether or not in rolls; parings and other waste of leather or of composition leather, not suitable for the manufacture of leather articles; leather dust, powder and flour

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 41152010 not include?

Parachutes & Parts/Accessories does not include products with the following descriptions.

HSN Code 41151000

Composition leather with a basis of leather or leather fiber, in slabs, sheets or strip, whether or not in rolls

HSN Code 41152090

Parings and other waste of leather or of composition leather, not suitable for the manufacture of leather articles ; leather dust, powder and flour: Other

India’s Trade Performance — HSN Code 41152010 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

−85.07% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹2 Cr

+1,716.67% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−₹2 Cr

Trade Deficit

Surplus rank #8202 of 12657 HSN codes

% of Sub-Chapter 4115

FY 2024-25

10.20%

Share of Sub-Chapter 4115’s total exports in FY 2024-25

Import side: 4.09% of Sub-Chapter 4115’s imports

Rank Within Sub-Chapter 4115

FY 2024-25

#3 of 3

Position by export value among HSN codes in Sub-Chapter 4115

Import-side rank: #3 of 3

At a glance

−17.19%

Export CAGR

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

#9754

National Export Rank

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

+1,575.00%

Peak Growth Year

FY 2023-24 · strongest single-year move

10.20%

Contribution to Sub-Ch. 4115

Share of Sub-Chapter 4115 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 41152010

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 #8518

Balance

−19.68

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

11.65% of Sub-Ch. 4115

Imports

19.99 ₹ Cr

0.0006% share

— YoY

31.32% of Sub-Ch. 4115

FY 2019-20 Exp. Rank #8609

Balance

−12.63

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−9.68% YoY

24.56% of Sub-Ch. 4115

Imports

12.91 ₹ Cr

0.0004% share

−35.42% YoY

24.24% of Sub-Ch. 4115

FY 2020-21 Exp. Rank #9338

Balance

−7.86

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−71.43% YoY

8.08% of Sub-Ch. 4115

Imports

7.94 ₹ Cr

0.0003% share

−38.50% YoY

23.66% of Sub-Ch. 4115

FY 2021-22 Exp. Rank #9306

Balance

−0.56

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+100.00% YoY

8.51% of Sub-Ch. 4115

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−90.93% YoY

1.83% of Sub-Ch. 4115

FY 2022-23 Exp. Rank #9967

Balance

−4.38

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−75.00% YoY

12.50% of Sub-Ch. 4115

Imports

4.42 ₹ Cr

0.0001% share

+513.89% YoY

9.76% of Sub-Ch. 4115

FY 2023-24 Exp. Rank #8575

Balance

+0.55

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+1,575.00% YoY

56.78% of Sub-Ch. 4115

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−97.29% YoY

0.27% of Sub-Ch. 4115

FY 2024-25 Exp. Rank #9754

Balance

−2.08

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−85.07% YoY

10.20% of Sub-Ch. 4115

Imports

2.18 ₹ Cr

0.0000% share

+1,716.67% YoY

4.09% of Sub-Ch. 4115

CAGR · 7-Year

Exports

−17.19% /yr

Imports

−30.88% /yr

Consistently Deficit
Sub-Chapter 4115 total

reference, FY 2024-25

Export

₹0.98 Cr

Import

₹53.27 Cr

Trade Balance

−52.29

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

Key Trade Insights: HSN Code 41152010 Export-Import Analysis

Export Decline: −17.19% CAGR Over 7 Years

India's exports under HSN Code 41152010 have declined at a compound annual rate of −17.19% over 7 fiscal years, falling from ₹0.31 Crore in FY 2018-19 to ₹0.10 Crore in FY 2024-25.

HSN Code 41152010 Ranked #9754 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 41152010 ranks #9754 out of 12657 HSN codes by total export value. Within Sub-Chapter 4115, it ranks #3 of 3. By trade surplus, it ranks #8202 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 41152010 Exports

The strongest single-year export movement for HSN Code 41152010 was recorded in FY 2023-24, when exports surged by 1,575.00% over the prior year.

India Records a Trade Deficit of ₹2.08 Crore in HSN Code 41152010 Goods

In FY 2024-25, India's imports of ₹2.18 Cr exceeded exports of ₹0.10 Cr, resulting in a trade deficit of ₹2.08 Crore — ranking #8202 of 12657 by surplus magnitude.

Import Growth of −30.88% CAGR Signals Stable Import Dependency for Parachutes & Parts/Accessories

India's imports under HSN Code 41152010 have grown at −30.88% CAGR, reaching ₹2.18 Crore in FY 2024-25.

HSN Code 41152010 Contributes 10.20% of Sub-Chapter 4115 Exports — Ranked #3

Among the 3 HSN codes under Sub-Chapter 4115, HSN Code 41152010 ranks #3 by export value — accounting for 10.20% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.09% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 41152010 and GST compliance.

What products are classified under HSN 41152010 ?

It includes Parachutes & Parts/Accessories

Can we claim ITC on inputs used to trade Parachutes & Parts/Accessories?

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 Parachutes & Parts/Accessories?

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 Parachutes & Parts/Accessories?

Under HSN 41152010, Parachutes & Parts/Accessories attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Parachutes & Parts/Accessories?

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.

How should mixed supplies be billed when Parachutes & Parts/Accessories is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Parachutes & Parts/Accessories; Nil for exempt items if applicable).

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.