--- title: "HSN Code for Other Leather and Composition Leather Articles | HSN 42060090 GST Rate" description: "Find HSN and GST Rates for 42060090 related to Other Leather and Composition Leather Articles with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-42060090/" --- # HSN Code 42060090: Other Leather and Composition Leather Articles - [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 4206: Gut articles & similar materials](https://busy.in/hsn/sub-chapter-4206/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 42060090 ? It includes Other Leather and Composition Leather Articles ### Any common misclassification issue with Other Leather and Composition Leather Articles? 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 Other Leather and Composition Leather Articles? 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 much GST applies to Other Leather and Composition Leather Articles? Under HSN 42060090, Other Leather and Composition Leather Articles attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Other Leather and Composition Leather Articles is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Leather and Composition Leather Articles; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Other Leather and Composition Leather Articles? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Does packaging or labelling change the GST for Other Leather and Composition Leather Articles? 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 42060090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+50.00% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore (−68.52% YoY) — 0.0000% of India's total imports - Trade balance: −< ₹1 Crore (Deficit); surplus rank #7418 of 12657 HSN codes - Share of Sub-Chapter 4206: 100.00% of its exports; import side 100.00% - Rank within Sub-Chapter 4206: #1 of 5 by export value; import-side #1 ### Key metrics - Export CAGR: -19.47% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #10193 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +227.27% in FY 2019-20 - Contribution to Sub-Ch. 4206: 100.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 42060090 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. 4206 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4206 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 52.38% | 2.55 | 0.0001% | — | 100.00% | −2.44 | #9141 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +227.27% | 100.00% | < ₹1 Crore | 0.0000% | −81.18% | 100.00% | −0.12 | #8454 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −58.33% | 100.00% | < ₹1 Crore | 0.0000% | −50.00% | 100.00% | −0.09 | #9034 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +120.00% | 100.00% | 1.33 | 0.0000% | +454.17% | 100.00% | −1.00 | #8877 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −84.85% | 100.00% | 1.34 | 0.0000% | +0.75% | 100.00% | −1.29 | #9890 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −60.00% | 100.00% | < ₹1 Crore | 0.0000% | −59.70% | 100.00% | −0.52 | #10338 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +50.00% | 100.00% | < ₹1 Crore | 0.0000% | −68.52% | 100.00% | −0.14 | #10193 | - CAGR (7-year): exports -19.47%/yr, imports -36.32%/yr (consistently Deficit) ## Key trade insights: HSN Code 42060090 export-import analysis ### Export decline: -19.47% CAGR over 7 years India's exports under HSN Code 42060090 have declined at a compound annual rate of -19.47% over 7 fiscal years, falling from ₹0.11 Crore in FY 2018-19 to ₹0.03 Crore in FY 2024-25. ### HSN Code 42060090 ranked #10193 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 42060090 ranks #10193 out of 12657 HSN codes by total export value. Within Sub-Chapter 4206, it ranks #1 of 5. By trade surplus, it ranks #7418 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 42060090 exports The strongest single-year export movement for HSN Code 42060090 was recorded in FY 2019-20, when exports surged by 227.27% over the prior year. ### India records a trade deficit of ₹0.14 Crore in HSN Code 42060090 goods In FY 2024-25, India's imports of ₹0.17 Cr exceeded exports of ₹0.03 Cr, resulting in a trade deficit of ₹0.14 Crore — ranking #7418 of 12657 by surplus magnitude. ### Import growth of -36.32% CAGR signals stable import dependency for Other Leather and Composition Leather Articles India's imports under HSN Code 42060090 have grown at -36.32% CAGR, reaching ₹0.17 Crore in FY 2024-25. ### HSN Code 42060090 contributes 100.00% of Sub-Chapter 4206 exports — ranked #1 Among the 5 HSN codes under Sub-Chapter 4206, HSN Code 42060090 ranks #1 by export value — accounting for 100.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 100.00% share (rank #1). ## Related HSN Codes in Sub-Chapter 4206 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 42060090: Other Leather and Composition Leather Articles (this hsn code) | < ₹1 Crore | | — | [HSN Code 42060010: For rackets](https://busy.in/hsn/hsn-42060010/) | Nil | | — | [HSN Code 42061010: Other Catgut](https://busy.in/hsn/hsn-42061010/) | — | | — | [HSN Code 42061090: Other Articles of Gut/Bladders/Tendons](https://busy.in/hsn/hsn-42061090/) | — | | — | [HSN Code 42069000: Raw Seal Furskins (Whole)](https://busy.in/hsn/hsn-42069000/) | — |