---
title: "HSN Code for Tanned/dressed bovine/equine hides (hair on): BoviEqui Fur | HSN 43021920 GST Rate"
description: "Find HSN and GST Rates for 43021920 related to Tanned/dressed bovine/equine hides (hair on): BoviEqui Fur with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-43021920/"
---

# HSN Code 43021920: Tanned/dressed bovine/equine hides (hair on): BoviEqui Fur

- [Section 08: Guide to HSN Section 08](https://busy.in/hsn/section-08/)
- [Chapter 43: Furskins and Artificial Fur; Manufactures Thereof](https://busy.in/hsn/chapter-43/)
- [Sub-chapter 4302: Tanned furskins, unassembled](https://busy.in/hsn/sub-chapter-4302/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Whole skins, with or without head, tail or paws, not assembled: Other: Hides or skins of other bovine and equine animals with hair on, tanned or dressed | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 43021920 ?

It includes Tanned/dressed bovine/equine hides (hair on): BoviEqui Fur

### Can we claim ITC on inputs used to trade Tanned/dressed bovine/equine hides (hair on): BoviEqui Fur?

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 Tanned/dressed bovine/equine hides (hair on): BoviEqui Fur?

Under HSN 43021920, Tanned/dressed bovine/equine hides (hair on): BoviEqui Fur attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Any common misclassification issue with Tanned/dressed bovine/equine hides (hair on): BoviEqui Fur?

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 Tanned/dressed bovine/equine hides (hair on): BoviEqui Fur?

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 should mixed supplies be billed when Tanned/dressed bovine/equine hides (hair on): BoviEqui Fur is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Tanned/dressed bovine/equine hides (hair on): BoviEqui Fur; Nil for exempt items if applicable).

## India's trade performance: HSN Code 43021920 (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: ₹8 Cr (+30.86% YoY) — 0.0001% of India's total imports
- Trade balance: −₹8 Cr (Deficit); surplus rank #8949 of 12657 HSN codes
- Share of Sub-Chapter 4302: 2.02% of its exports; import side 20.26%
- Rank within Sub-Chapter 4302: #3 of 9 by export value; import-side #2

### Key metrics

- Export CAGR: -52.07% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #10305 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +300.00% in FY 2023-24
- Contribution to Sub-Ch. 4302: 2.02% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 43021920

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. 4302 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4302 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 1.65 | 0.0001% | — | 30.96% | 7.94 | 0.0002% | — | 19.59% | −6.29 | #7144 |
| FY 2019-20 | 1.93 | 0.0001% | +16.97% | 77.20% | 5.32 | 0.0002% | −33.00% | 14.05% | −3.39 | #6968 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | −91.71% | 31.37% | 3.13 | 0.0001% | −41.17% | 11.99% | −2.97 | #9006 |
| FY 2021-22 | < ₹1 Crore | 0.0000% | −56.25% | 25.00% | 5.50 | 0.0001% | +75.72% | 17.07% | −5.43 | #9687 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | −85.71% | 1.82% | 4.91 | 0.0001% | −10.73% | 13.55% | −4.90 | #10292 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | +300.00% | 4.35% | 6.48 | 0.0001% | +31.98% | 15.89% | −6.44 | #10146 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | −50.00% | 2.02% | 8.48 | 0.0001% | +30.86% | 20.26% | −8.46 | #10305 |

- CAGR (7-year): exports -52.07%/yr, imports 1.10%/yr (consistently Deficit)

## Key trade insights: HSN Code 43021920 export-import analysis

### Export decline: -52.07% CAGR over 7 years

India's exports under HSN Code 43021920 have declined at a compound annual rate of -52.07% over 7 fiscal years, falling from ₹1.65 Crore in FY 2018-19 to ₹0.02 Crore in FY 2024-25.

### HSN Code 43021920 ranked #10305 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 43021920 ranks #10305 out of 12657 HSN codes by total export value. Within Sub-Chapter 4302, it ranks #3 of 9. By trade surplus, it ranks #8949 of 12657.

### FY 2023-24 was the strongest growth year for HSN Code 43021920 exports

The strongest single-year export movement for HSN Code 43021920 was recorded in FY 2023-24, when exports surged by 300.00% over the prior year.

### India records a trade deficit of ₹8.46 Crore in HSN Code 43021920 goods

In FY 2024-25, India's imports of ₹8.48 Cr exceeded exports of ₹0.02 Cr, resulting in a trade deficit of ₹8.46 Crore — ranking #8949 of 12657 by surplus magnitude.

### Import growth of 1.10% CAGR signals stable import dependency for Tanned/dressed bovine/equine hides (hair on): BoviEqui Fur

India's imports under HSN Code 43021920 have grown at 1.10% CAGR, reaching ₹8.48 Crore in FY 2024-25.

### HSN Code 43021920 contributes 2.02% of Sub-Chapter 4302 exports — ranked #3

Among the 9 HSN codes under Sub-Chapter 4302, HSN Code 43021920 ranks #3 by export value — accounting for 2.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 20.26% share (rank #2).

## Related HSN Codes in Sub-Chapter 4302

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 43021930: Pine Saw/Veneer Logs](https://busy.in/hsn/hsn-43021930/) | < ₹1 Crore |
| #2 | [HSN Code 43021910: Goat/Kid Skins (Tanned/Dressed, Hair On)](https://busy.in/hsn/hsn-43021910/) | < ₹1 Crore |
| #3 | HSN Code 43021920: Tanned/dressed bovine/equine hides (hair on): BoviEqui Fur (this hsn code) | < ₹1 Crore |
| #3 | [HSN Code 43021990: Tanned/dressed other animal hides (hair on): ExoFur Hide](https://busy.in/hsn/hsn-43021990/) | < ₹1 Crore |
| — | [HSN Code 43021100: Whole Mink Skins, Unassembled, With or Without Appendages](https://busy.in/hsn/hsn-43021100/) | Nil |
| — | [HSN Code 43022000: Animal cuttings: Heads, tails, paws](https://busy.in/hsn/hsn-43022000/) | Nil |
| — | [HSN Code 43023000: Whole skins and cuttings, assembled](https://busy.in/hsn/hsn-43023000/) | Nil |
| — | [HSN Code 43021300: Fuel Wood Logs](https://busy.in/hsn/hsn-43021300/) | — |
| — | [HSN Code 43021940: Tiger-Cat Skins (Non-Assembled)](https://busy.in/hsn/hsn-43021940/) | — |