HSN Code 42031010: Jackets & Jerseys

HSN Code 42031010 represents Jackets & Jerseys under GST classification. This code helps businesses identify Jackets & Jerseys correctly for billing, taxation, and trade. With HSN Code 42031010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Jackets & Jerseys.

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Description of Goods for HSN Code 42031010

HSN Code 42031010 relates to the following description.

Description of Goods

Articles of apparel: Jackets and jerseys

Chapter

42 - Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut)

Sub Chapter

4203 - Articles of apparel and clothing accessories, of leather or of composition leather

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 42031010 not include?

Jackets & Jerseys does not include products with the following descriptions.

Gloves, mittens and mitts: Specially designed for use in sports: Mittens and mitts

India’s Trade Performance — HSN Code 42031010 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

₹2,186 Cr

+9.75% vs FY 2023-24

0.0594% of India’s total exports

India’s Imports

FY 2024-25

₹7 Cr

−24.63% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

₹2,180 Cr

Trade Surplus

Surplus rank #165 of 12657 HSN codes

% of Sub-Chapter 4203

FY 2024-25

34.42%

Share of Sub-Chapter 4203’s total exports in FY 2024-25

Import side: 4.50% of Sub-Chapter 4203’s imports

Rank Within Sub-Chapter 4203

FY 2024-25

#1 of 11

Position by export value among HSN codes in Sub-Chapter 4203

Import-side rank: #5 of 11

At a glance

−3.54%

Export CAGR

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

#241

National Export Rank

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

+13.83%

Peak Growth Year

FY 2021-22 · strongest single-year move

34.42%

Contribution to Sub-Ch. 4203

Share of Sub-Chapter 4203 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #113

Balance

+2,706.51

Exports

2,714.39 ₹ Cr

0.1188% share

YoY

47.70% of Sub-Ch. 4203

Imports

7.88 ₹ Cr

0.0002% share

YoY

4.21% of Sub-Ch. 4203

FY 2019-20 Exp. Rank #131

Balance

+2,393.22

Exports

2,405.05 ₹ Cr

0.1093% share

−11.40% YoY

43.47% of Sub-Ch. 4203

Imports

11.83 ₹ Cr

0.0004% share

+50.13% YoY

6.54% of Sub-Ch. 4203

FY 2020-21 Exp. Rank #197

Balance

+1,693.48

Exports

1,705.39 ₹ Cr

0.0793% share

−29.09% YoY

39.53% of Sub-Ch. 4203

Imports

11.91 ₹ Cr

0.0004% share

+0.68% YoY

10.14% of Sub-Ch. 4203

FY 2021-22 Exp. Rank #246

Balance

+1,933.46

Exports

1,941.25 ₹ Cr

0.0619% share

+13.83% YoY

36.73% of Sub-Ch. 4203

Imports

7.79 ₹ Cr

0.0002% share

−34.59% YoY

4.90% of Sub-Ch. 4203

FY 2022-23 Exp. Rank #248

Balance

+2,072.43

Exports

2,078.41 ₹ Cr

0.0574% share

+7.07% YoY

36.31% of Sub-Ch. 4203

Imports

5.98 ₹ Cr

0.0001% share

−23.23% YoY

3.47% of Sub-Ch. 4203

FY 2023-24 Exp. Rank #249

Balance

+1,983.51

Exports

1,992.32 ₹ Cr

0.0551% share

−4.14% YoY

34.60% of Sub-Ch. 4203

Imports

8.81 ₹ Cr

0.0002% share

+47.32% YoY

5.41% of Sub-Ch. 4203

FY 2024-25 Exp. Rank #241

Balance

+2,179.85

Exports

2,186.49 ₹ Cr

0.0594% share

+9.75% YoY

34.42% of Sub-Ch. 4203

Imports

6.64 ₹ Cr

0.0001% share

−24.63% YoY

4.50% of Sub-Ch. 4203

CAGR · 7-Year

Exports

−3.54% /yr

Imports

−2.81% /yr

Consistently Surplus
Sub-Chapter 4203 total

reference, FY 2024-25

Export

₹6,352.79 Cr

Import

₹147.56 Cr

Trade Balance

+6,205.23

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 42031010 and GST compliance.

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.

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.