HSN Code 43040011 represents Artificial Fur Trimmings under GST classification. This code helps businesses identify Artificial Fur Trimmings correctly for billing, taxation, and trade. With HSN Code 43040011, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Artificial Fur Trimmings.
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HSN Code 43040011 relates to the following description.
Description of Goods
Artificial fur and articles thereof : Artificial fur : Artificial fur as trimmings and embellishments for garments, made ups, knitwear, plastic and leather goods
Chapter
43 - Furskins and artificial fur; manufactures thereof
Sub Chapter
4304 - Artificial fur and articles thereof
CGST
9%
SGST
9%
IGST
18%
CESS
0%
Artificial Fur Trimmings does not include products with the following descriptions.
Artificial fur and articles thereof : Artificial fur : Other
Artificial fur and articles thereof : Articles of artificial fur
India’s Exports
FY 2024-25Nil
0.0000% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25−< ₹1 Crore
Surplus rank #7908 of 12657 HSN codes
% of Sub-Chapter 4304
FY 2024-250.00%
Share of Sub-Chapter 4304’s total exports in FY 2024-25
Import side: 26.54% of Sub-Chapter 4304’s imports
At a glance
−100.00%
Peak Growth Year
FY 2019-20 · strongest single-year move
0.00%
Contribution to Sub-Ch. 4304
Share of Sub-Chapter 4304 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−1.07
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.74% of Sub-Ch. 4304
Imports
1.11 ₹ Cr
0.0000% share
— YoY
21.72% of Sub-Ch. 4304
Balance
−1.01
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 4304
Imports
1.01 ₹ Cr
0.0000% share
−9.01% YoY
20.04% of Sub-Ch. 4304
Balance
−0.73
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 4304
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−27.72% YoY
27.44% of Sub-Ch. 4304
Balance
−1.45
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 4304
Imports
1.45 ₹ Cr
0.0000% share
+98.63% YoY
27.05% of Sub-Ch. 4304
Balance
−1.71
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 4304
Imports
1.71 ₹ Cr
0.0000% share
+17.93% YoY
25.26% of Sub-Ch. 4304
Balance
−0.80
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 4304
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−53.22% YoY
26.14% of Sub-Ch. 4304
Balance
−0.99
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 4304
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+23.75% YoY
26.54% of Sub-Ch. 4304
CAGR · 7-Year
Exports
—
Imports
−1.89% /yr
India exported ₹0.00 Crore worth of Artificial Fur Trimmings in FY 2024-25. Multi-year trend data is being compiled for this hsn code.
The strongest single-year export movement for HSN Code 43040011 was recorded in FY 2019-20, when exports declined by 100.00% over the prior year.
In FY 2024-25, India's imports of ₹0.99 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.99 Crore — ranking #7908 of 12657 by surplus magnitude.
India's imports under HSN Code 43040011 have grown at −1.89% CAGR, reaching ₹0.99 Crore in FY 2024-25.
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 43040011 and GST compliance.
It includes Artificial Fur Trimmings
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.
Under HSN 43040011, Artificial Fur Trimmings attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Artificial Fur Trimmings; Nil for exempt items if applicable).