--- title: "HSN Code for Jackets & Jerseys | HSN 42031010 GST Rate" description: "Find HSN and GST Rates for 42031010 related to Jackets & Jerseys with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-42031010/" --- # HSN Code 42031010: Jackets & Jerseys - [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 4203: Processed synthetic fibres](https://busy.in/hsn/sub-chapter-4203/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Articles of apparel: Jackets and jerseys | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 42031010 ? It includes Jackets & Jerseys ### How much GST applies to Jackets & Jerseys? Under HSN 42031010, Jackets & Jerseys attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Jackets & Jerseys? 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 Jackets & Jerseys? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How should mixed supplies be billed when Jackets & Jerseys is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Jackets & Jerseys; Nil for exempt items if applicable). ### Any common misclassification issue with Jackets & Jerseys? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Jackets & Jerseys? 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. ## India's trade performance: HSN Code 42031010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹2,186 Cr (+9.75% YoY) — 0.0594% of India's total exports - Imports: ₹7 Cr (−24.63% YoY) — 0.0001% of India's total imports - Trade balance: ₹2,180 Cr (Surplus); surplus rank #165 of 12657 HSN codes - Share of Sub-Chapter 4203: 34.42% of its exports; import side 4.50% - Rank within Sub-Chapter 4203: #1 of 11 by export value; import-side #5 ### Key metrics - Export CAGR: -3.54% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #241 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +13.83% in FY 2021-22 - Contribution to Sub-Ch. 4203: 34.42% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 42031010 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. 4203 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4203 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 2,714.39 | 0.1188% | — | 47.70% | 7.88 | 0.0002% | — | 4.21% | +2,706.51 | #113 | | FY 2019-20 | 2,405.05 | 0.1093% | −11.40% | 43.47% | 11.83 | 0.0004% | +50.13% | 6.54% | +2,393.22 | #131 | | FY 2020-21 | 1,705.39 | 0.0793% | −29.09% | 39.53% | 11.91 | 0.0004% | +0.68% | 10.14% | +1,693.48 | #197 | | FY 2021-22 | 1,941.25 | 0.0619% | +13.83% | 36.73% | 7.79 | 0.0002% | −34.59% | 4.90% | +1,933.46 | #246 | | FY 2022-23 | 2,078.41 | 0.0574% | +7.07% | 36.31% | 5.98 | 0.0001% | −23.23% | 3.47% | +2,072.43 | #248 | | FY 2023-24 | 1,992.32 | 0.0551% | −4.14% | 34.60% | 8.81 | 0.0002% | +47.32% | 5.41% | +1,983.51 | #249 | | FY 2024-25 | 2,186.49 | 0.0594% | +9.75% | 34.42% | 6.64 | 0.0001% | −24.63% | 4.50% | +2,179.85 | #241 | - CAGR (7-year): exports -3.54%/yr, imports -2.81%/yr (consistently Surplus) ## Key trade insights: HSN Code 42031010 export-import analysis ### Export decline: -3.54% CAGR over 7 years India's exports under HSN Code 42031010 have declined at a compound annual rate of -3.54% over 7 fiscal years, falling from ₹2,714.39 Crore in FY 2018-19 to ₹2,186.49 Crore in FY 2024-25. ### HSN Code 42031010 ranked #241 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 42031010 ranks #241 out of 12657 HSN codes by total export value. Within Sub-Chapter 4203, it ranks #1 of 11. By trade surplus, it ranks #165 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 42031010 exports The strongest single-year export movement for HSN Code 42031010 was recorded in FY 2021-22, when exports surged by 13.83% over the prior year. ### India maintains a trade surplus of ₹2,179.85 Crore in HSN Code 42031010 goods In FY 2024-25, India's exports of ₹2,186.49 Cr exceeded imports of ₹6.64 Cr, resulting in a trade surplus of ₹2,179.85 Crore — ranking #165 of 12657 by surplus magnitude. ### Import growth of -2.81% CAGR signals stable import dependency for Jackets & Jerseys India's imports under HSN Code 42031010 have grown at -2.81% CAGR, reaching ₹6.64 Crore in FY 2024-25. ### HSN Code 42031010 contributes 34.42% of Sub-Chapter 4203 exports — ranked #1 Among the 11 HSN codes under Sub-Chapter 4203, HSN Code 42031010 ranks #1 by export value — accounting for 34.42% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.50% share (rank #5). ## Related HSN Codes in Sub-Chapter 4203 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 42031010: Jackets & Jerseys (this hsn code) | ₹2,186 Cr | | #2 | [HSN Code 42032910: Industrial gloves](https://busy.in/hsn/hsn-42032910/) | ₹1,835 Cr | | #3 | [HSN Code 42033000: Belts and Bandoliers](https://busy.in/hsn/hsn-42033000/) | ₹1,343 Cr | | #4 | [HSN Code 42031090: Apparel (Other)](https://busy.in/hsn/hsn-42031090/) | ₹803 Cr | | #5 | [HSN Code 42032920: Other gloves](https://busy.in/hsn/hsn-42032920/) | ₹63 Cr | | #6 | [HSN Code 42034090: Other Clothing Accessories \| Other](https://busy.in/hsn/hsn-42034090/) | ₹60 Cr | | #7 | [HSN Code 42034010: Other Clothing Accessories \| Aprons](https://busy.in/hsn/hsn-42034010/) | ₹38 Cr | | #8 | [HSN Code 42032110: Sports gloves](https://busy.in/hsn/hsn-42032110/) | ₹25 Cr | | #9 | [HSN Code 42032930: Mittens and mitts](https://busy.in/hsn/hsn-42032930/) | < ₹1 Crore | | #10 | [HSN Code 42032120: Sports mittens and mitts](https://busy.in/hsn/hsn-42032120/) | < ₹1 Crore |