--- title: "HSN Code for Leather Vanity Bag | HSN 42022120 GST Rate" description: "Find HSN and GST Rates for 42022120 related to Leather Vanity Bag with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-42022120/" --- # HSN Code 42022120: Leather Vanity Bag - [Section 08: Guide to HSN Section 08](https://busy.in/hsn/section-08/) - [Chapter 42: Articles of Leather; Saddlery and Harness; Travel Goods; Handbags](https://busy.in/hsn/chapter-42/) - [Sub-chapter 4202: Bags, cases & trunks](https://busy.in/hsn/sub-chapter-4202/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Hand-bags, whether or not with shoulder strap, including those without handle : With outer surface of leather or of composition leather: Vanity-bags | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 42022120 ? It includes Leather Vanity Bag ### How should mixed supplies be billed when Leather Vanity Bag is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Leather Vanity Bag; Nil for exempt items if applicable). ### Any common misclassification issue with Leather Vanity Bag? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Leather Vanity Bag? 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 Leather Vanity Bag? Under HSN 42022120, Leather Vanity Bag attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Leather Vanity Bag? 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. ## India's trade performance: HSN Code 42022120 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹3 Cr (−5.32% YoY) — 0.0001% of India's total exports - Imports: < ₹1 Crore — 0.0000% of India's total imports - Trade balance: ₹3 Cr (Surplus); surplus rank #4077 of 12657 HSN codes - Share of Sub-Chapter 4202: 0.02% of its exports; import side 0.00% - Rank within Sub-Chapter 4202: #33 of 44 by export value; import-side #40 ### Key metrics - Export CAGR: 11.54% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7253 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +118.18% in FY 2020-21 - Contribution to Sub-Ch. 4202: 0.02% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 42022120 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. 4202 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4202 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 1.48 | 0.0001% | — | 0.01% | < ₹1 Crore | 0.0000% | — | 0.01% | +1.18 | #7253 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −40.54% | 0.01% | < ₹1 Crore | 0.0000% | −96.67% | 0.00% | +0.87 | #7724 | | FY 2020-21 | 1.92 | 0.0001% | +118.18% | 0.03% | Nil | 0.0000% | −100.00% | 0.00% | +1.92 | #7037 | | FY 2021-22 | 3.12 | 0.0001% | +62.50% | 0.03% | Nil | 0.0000% | — | 0.00% | +3.12 | #6865 | | FY 2022-23 | 4.92 | 0.0001% | +57.69% | 0.04% | < ₹1 Crore | 0.0000% | — | 0.00% | +4.91 | #6473 | | FY 2023-24 | 3.01 | 0.0001% | −38.82% | 0.02% | Nil | 0.0000% | −100.00% | 0.00% | +3.01 | #7137 | | FY 2024-25 | 2.85 | 0.0001% | −5.32% | 0.02% | < ₹1 Crore | 0.0000% | — | 0.00% | +2.79 | #7253 | - CAGR (7-year): exports 11.54%/yr, imports -23.53%/yr (consistently Surplus) ## Key trade insights: HSN Code 42022120 export-import analysis ### Consistent export growth: 11.54% CAGR over 7 years India's exports under HSN Code 42022120 have grown at a compound annual rate of 11.54% over 7 fiscal years, rising from ₹1.48 Crore in FY 2018-19 to ₹2.85 Crore in FY 2024-25. ### HSN Code 42022120 ranked #7253 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 42022120 ranks #7253 out of 12657 HSN codes by total export value. Within Sub-Chapter 4202, it ranks #33 of 44. By trade surplus, it ranks #4077 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 42022120 exports The strongest single-year export movement for HSN Code 42022120 was recorded in FY 2020-21, when exports surged by 118.18% over the prior year. ### India maintains a trade surplus of ₹2.79 Crore in HSN Code 42022120 goods In FY 2024-25, India's exports of ₹2.85 Cr exceeded imports of ₹0.06 Cr, resulting in a trade surplus of ₹2.79 Crore — ranking #4077 of 12657 by surplus magnitude. ### Import growth of -23.53% CAGR signals stable import dependency for Leather Vanity Bag India's imports under HSN Code 42022120 have grown at -23.53% CAGR, reaching ₹0.06 Crore in FY 2024-25. ### HSN Code 42022120 contributes 0.02% of Sub-Chapter 4202 exports — ranked #33 Among the 44 HSN codes under Sub-Chapter 4202, HSN Code 42022120 ranks #33 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #40). ## Related HSN Codes in Sub-Chapter 4202 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 42022220: Hand-Bags and Shopping Bags of Cotton](https://busy.in/hsn/hsn-42022220/) | ₹2,828 Cr | | #2 | [HSN Code 42023120: Calf Skins (Tanned/Dressed, Hair On)](https://busy.in/hsn/hsn-42023120/) | ₹2,208 Cr | | #3 | [HSN Code 42022190: Other Leather Handbag](https://busy.in/hsn/hsn-42022190/) | ₹2,017 Cr | | #4 | [HSN Code 42022110: Ladies Leather Handbag](https://busy.in/hsn/hsn-42022110/) | ₹1,520 Cr | | #5 | [HSN Code 42022290: Hand-Bags with Textile or Plastic Outer Surface](https://busy.in/hsn/hsn-42022290/) | ₹994 Cr | | #6 | [HSN Code 42022230: Plastic Hand/Shopping Bags (Artificial)](https://busy.in/hsn/hsn-42022230/) | ₹664 Cr | | #7 | [HSN Code 42023190: Other Leather Articles](https://busy.in/hsn/hsn-42023190/) | ₹608 Cr | | #8 | [HSN Code 42029100: Leather surface: Other articles](https://busy.in/hsn/hsn-42029100/) | ₹413 Cr | | #9 | [HSN Code 42021190: Other Leather Containers](https://busy.in/hsn/hsn-42021190/) | ₹378 Cr | | #10 | [HSN Code 42029200: Other : With outer surface of plastic sheeting or of textile materials](https://busy.in/hsn/hsn-42029200/) | ₹329 Cr | | #33 | HSN Code 42022120: Leather Vanity Bag (this hsn code) | ₹3 Cr |