HSN Code 42034020: Semi-chrome grain garments

HSN Code 42034020 represents Semi-chrome grain garments under GST classification. This code helps businesses identify Semi-chrome grain garments correctly for billing, taxation, and trade. With HSN Code 42034020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Semi-chrome grain garments.

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Description of Goods for HSN Code 42034020

HSN Code 42034020 relates to the following description.

Description of Goods

Other clothing accessories : Semi-chrome grain garments

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 42034020 not include?

Semi-chrome grain garments 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 42034020 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

+600.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−88.89% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #5354 of 12657 HSN codes

% of Sub-Chapter 4203

FY 2024-25

0.00%

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

Import side: 0.01% of Sub-Chapter 4203’s imports

Rank Within Sub-Chapter 4203

FY 2024-25

#11 of 11

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

Import-side rank: #11 of 11

At a glance

38.31%

Export CAGR

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

#9908

National Export Rank

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

+700.00%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.00%

Contribution to Sub-Ch. 4203

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

India Export-Import Trade Statistics for HSN Code 42034020

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 #9921

Balance

−0.09

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 4203

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.05% of Sub-Ch. 4203

FY 2019-20 Exp. Rank #9279

Balance

+0.07

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+700.00% YoY

0.00% of Sub-Ch. 4203

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−90.00% YoY

0.01% of Sub-Ch. 4203

FY 2020-21 Exp. Rank #9824

Balance

0.00

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−75.00% YoY

0.00% of Sub-Ch. 4203

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+100.00% YoY

0.02% of Sub-Ch. 4203

FY 2021-22 Exp. Rank #9964

Balance

−0.05

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+50.00% YoY

0.00% of Sub-Ch. 4203

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+300.00% YoY

0.05% of Sub-Ch. 4203

FY 2022-23 Exp. Rank #10045

Balance

−0.08

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.00% of Sub-Ch. 4203

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+37.50% YoY

0.06% of Sub-Ch. 4203

FY 2023-24 Exp. Rank #10473

Balance

−0.08

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−66.67% YoY

0.00% of Sub-Ch. 4203

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−18.18% YoY

0.06% of Sub-Ch. 4203

FY 2024-25 Exp. Rank #9908

Balance

+0.06

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+600.00% YoY

0.00% of Sub-Ch. 4203

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−88.89% YoY

0.01% of Sub-Ch. 4203

CAGR · 7-Year

Exports

38.31% /yr

Imports

−31.87% /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 42034020 Export-Import Analysis

Consistent Export Growth: 38.31% CAGR Over 7 Years

India's exports under HSN Code 42034020 have grown at a compound annual rate of 38.31% over 7 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹0.07 Crore in FY 2024-25.

HSN Code 42034020 Ranked #9908 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 42034020 ranks #9908 out of 12657 HSN codes by total export value. Within Sub-Chapter 4203, it ranks #11 of 11. By trade surplus, it ranks #5354 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 42034020 Exports

The strongest single-year export movement for HSN Code 42034020 was recorded in FY 2019-20, when exports surged by 700.00% over the prior year.

India Maintains a Trade Surplus of ₹0.06 Crore in HSN Code 42034020 Goods

In FY 2024-25, India's exports of ₹0.07 Cr exceeded imports of ₹0.01 Cr, resulting in a trade surplus of ₹0.06 Crore — ranking #5354 of 12657 by surplus magnitude.

Import Growth of −31.87% CAGR Signals Stable Import Dependency for Semi-chrome grain garments

India's imports under HSN Code 42034020 have grown at −31.87% CAGR, reaching ₹0.01 Crore in FY 2024-25.

HSN Code 42034020 Contributes 0.00% of Sub-Chapter 4203 Exports — Ranked #11

Among the 11 HSN codes under Sub-Chapter 4203, HSN Code 42034020 ranks #11 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #11).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 42034020 and GST compliance.

What products are classified under HSN 42034020 ?

It includes Semi-chrome grain garments

How much GST applies to Semi-chrome grain garments?

Under HSN 42034020, Semi-chrome grain garments attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Semi-chrome grain garments?

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 Semi-chrome grain garments is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Semi-chrome grain garments; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Semi-chrome grain garments?

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.

Do e‑way bill and e‑invoice apply for Semi-chrome grain garments?

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.