HSN Code 46021200: Of Vegetable Materials | Of Rattan

HSN Code 46021200 represents Of Vegetable Materials | Of Rattan under GST classification. This code helps businesses identify Of Vegetable Materials | Of Rattan correctly for billing, taxation, and trade. With HSN Code 46021200, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of Vegetable Materials | Of Rattan.

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Description of Goods for HSN Code 46021200

HSN Code 46021200 relates to the following description.

Description of Goods

Of vegetable materials : Of rattan

Chapter

46 - Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork

Sub Chapter

4602 - Basketwork, wickerwork and other articles, made directly to shape from plaiting materials or made up from goods of heading 46 01; articles of loofah

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 46021200 not include?

Of Vegetable Materials | Of Rattan does not include products with the following descriptions.

Basketwork, wickerwork and other articles, made directly to shape from plaiting materials or made up from goods of heading 46 01; articles of loofah of vegetable materials : of palm leaves : baskets

Basketwork, wickerwork and other articles, made directly to shape from plaiting materials or made up from goods of heading 46 01; articles of loofah of vegetable materials : of palm leaves : other

Basketwork, wickerwork and other articles, made directly to shape from plaiting materials or made up from goods of heading 46 01; articles of loofah of vegetable materials : other

India’s Trade Performance — HSN Code 46021200 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

₹4 Cr

−29.88% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹8 Cr

+25.12% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹4 Cr

Trade Deficit

Surplus rank #8487 of 12657 HSN codes

% of Sub-Chapter 4602

FY 2024-25

1.45%

Share of Sub-Chapter 4602’s total exports in FY 2024-25

Import side: 22.08% of Sub-Chapter 4602’s imports

Rank Within Sub-Chapter 4602

FY 2024-25

#5 of 9

Position by export value among HSN codes in Sub-Chapter 4602

Import-side rank: #2 of 9

At a glance

59.26%

Export CAGR

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

#7003

National Export Rank

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

+325.45%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.45%

Contribution to Sub-Ch. 4602

Share of Sub-Chapter 4602 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 46021200

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 #8751

Balance

−0.99

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.20% of Sub-Ch. 4602

Imports

1.21 ₹ Cr

0.0000% share

YoY

5.98% of Sub-Ch. 4602

FY 2019-20 Exp. Rank #8308

Balance

−0.88

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+95.45% YoY

0.28% of Sub-Ch. 4602

Imports

1.31 ₹ Cr

0.0000% share

+8.26% YoY

5.11% of Sub-Ch. 4602

FY 2020-21 Exp. Rank #8164

Balance

−0.11

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+27.91% YoY

0.50% of Sub-Ch. 4602

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−49.62% YoY

4.63% of Sub-Ch. 4602

FY 2021-22 Exp. Rank #7162

Balance

−1.20

Exports

2.34 ₹ Cr

0.0001% share

+325.45% YoY

1.40% of Sub-Ch. 4602

Imports

3.54 ₹ Cr

0.0001% share

+436.36% YoY

13.95% of Sub-Ch. 4602

FY 2022-23 Exp. Rank #7407

Balance

−1.13

Exports

2.06 ₹ Cr

0.0001% share

−11.97% YoY

0.97% of Sub-Ch. 4602

Imports

3.19 ₹ Cr

0.0001% share

−9.89% YoY

12.72% of Sub-Ch. 4602

FY 2023-24 Exp. Rank #6553

Balance

−0.89

Exports

5.12 ₹ Cr

0.0001% share

+148.54% YoY

2.06% of Sub-Ch. 4602

Imports

6.01 ₹ Cr

0.0001% share

+88.40% YoY

18.14% of Sub-Ch. 4602

FY 2024-25 Exp. Rank #7003

Balance

−3.93

Exports

3.59 ₹ Cr

0.0001% share

−29.88% YoY

1.45% of Sub-Ch. 4602

Imports

7.52 ₹ Cr

0.0001% share

+25.12% YoY

22.08% of Sub-Ch. 4602

CAGR · 7-Year

Exports

59.26% /yr

Imports

35.59% /yr

Consistently Deficit
Sub-Chapter 4602 total

reference, FY 2024-25

Export

₹248.08 Cr

Import

₹34.06 Cr

Trade Balance

+214.02

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

Key Trade Insights: HSN Code 46021200 Export-Import Analysis

Consistent Export Growth: 59.26% CAGR Over 7 Years

India's exports under HSN Code 46021200 have grown at a compound annual rate of 59.26% over 7 fiscal years, rising from ₹0.22 Crore in FY 2018-19 to ₹3.59 Crore in FY 2024-25.

HSN Code 46021200 Ranked #7003 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 46021200 ranks #7003 out of 12657 HSN codes by total export value. Within Sub-Chapter 4602, it ranks #5 of 9. By trade surplus, it ranks #8487 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 46021200 Exports

The strongest single-year export movement for HSN Code 46021200 was recorded in FY 2021-22, when exports surged by 325.45% over the prior year.

India Records a Trade Deficit of ₹3.93 Crore in HSN Code 46021200 Goods

In FY 2024-25, India's imports of ₹7.52 Cr exceeded exports of ₹3.59 Cr, resulting in a trade deficit of ₹3.93 Crore — ranking #8487 of 12657 by surplus magnitude.

Import Growth of 35.59% CAGR Signals Rising Demand for Of Vegetable Materials | Of Rattan

India's imports under HSN Code 46021200 have grown at 35.59% CAGR, reaching ₹7.52 Crore in FY 2024-25.

HSN Code 46021200 Contributes 1.45% of Sub-Chapter 4602 Exports — Ranked #5

Among the 9 HSN codes under Sub-Chapter 4602, HSN Code 46021200 ranks #5 by export value — accounting for 1.45% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 22.08% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 46021200 and GST compliance.

What products are classified under HSN 46021200 ?

It includes Palm leaf baskets

Can we claim ITC on inputs used to trade Of Vegetable Materials / Of Rattan?

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 Of Vegetable Materials / Of Rattan?

Under HSN 46021200, Of Vegetable Materials / Of Rattan attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Of Vegetable Materials / Of Rattan is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of Vegetable Materials / Of Rattan; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Of Vegetable Materials / Of Rattan?

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.

Any common misclassification issue with Of Vegetable Materials / Of Rattan?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

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.