--- title: "HSN Code for Palm leaf baskets | HSN 46021911 GST Rate" description: "Find HSN and GST Rates for 46021911 related to Palm leaf baskets with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-46021911/" --- # HSN Code 46021911: Palm leaf baskets - [Section 09: Guide to HSN Section 09](https://busy.in/hsn/section-09/) - [Chapter 46: Manufactures of Straw, Plaiting Materials and Basketware](https://busy.in/hsn/chapter-46/) - [Sub-chapter 4602: Basketwork & Wickerwork](https://busy.in/hsn/sub-chapter-4602/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Of vegetable materials : Other : Of palm leaves : Baskets | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 46021911 ? It includes Palm leaves products ### Can we claim ITC on inputs used to trade Palm leaf baskets? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Palm leaf baskets? 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. ### Does packaging or labelling change the GST for Palm leaf baskets? 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. ### How much GST applies to Palm leaf baskets? Under HSN 46021911, Palm leaf baskets attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Palm leaf baskets is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Palm leaf baskets; Nil for exempt items if applicable). ## India's trade performance: HSN Code 46021911 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹10 Cr (+2.77% YoY) — 0.0003% of India's total exports - Imports: ₹1 Cr (−30.68% YoY) — 0.0000% of India's total imports - Trade balance: ₹9 Cr (Surplus); surplus rank #3393 of 12657 HSN codes - Share of Sub-Chapter 4602: 4.04% of its exports; import side 3.58% - Rank within Sub-Chapter 4602: #3 of 9 by export value; import-side #5 ### Key metrics - Export CAGR: 37.67% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5782 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +187.32% in FY 2023-24 - Contribution to Sub-Ch. 4602: 4.04% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 46021911 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. 4602 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4602 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 1.47 | 0.0001% | — | 1.35% | 1.11 | 0.0000% | — | 5.49% | +0.36 | #7259 | | FY 2019-20 | 2.46 | 0.0001% | +67.35% | 1.60% | 1.45 | 0.0000% | +30.63% | 5.66% | +1.01 | #6713 | | FY 2020-21 | 1.73 | 0.0001% | −29.67% | 1.57% | < ₹1 Crore | 0.0000% | −66.21% | 3.44% | +1.24 | #7143 | | FY 2021-22 | 2.83 | 0.0001% | +63.58% | 1.69% | 1.35 | 0.0000% | +175.51% | 5.32% | +1.48 | #6955 | | FY 2022-23 | 3.39 | 0.0001% | +19.79% | 1.60% | 1.33 | 0.0000% | −1.48% | 5.30% | +2.06 | #6868 | | FY 2023-24 | 9.74 | 0.0003% | +187.32% | 3.93% | 1.76 | 0.0000% | +32.33% | 5.31% | +7.98 | #5759 | | FY 2024-25 | 10.01 | 0.0003% | +2.77% | 4.04% | 1.22 | 0.0000% | −30.68% | 3.58% | +8.79 | #5782 | - CAGR (7-year): exports 37.67%/yr, imports 1.59%/yr (consistently Surplus) ## Key trade insights: HSN Code 46021911 export-import analysis ### Consistent export growth: 37.67% CAGR over 7 years India's exports under HSN Code 46021911 have grown at a compound annual rate of 37.67% over 7 fiscal years, rising from ₹1.47 Crore in FY 2018-19 to ₹10.01 Crore in FY 2024-25. ### HSN Code 46021911 ranked #5782 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 46021911 ranks #5782 out of 12657 HSN codes by total export value. Within Sub-Chapter 4602, it ranks #3 of 9. By trade surplus, it ranks #3393 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 46021911 exports The strongest single-year export movement for HSN Code 46021911 was recorded in FY 2023-24, when exports surged by 187.32% over the prior year. ### India maintains a trade surplus of ₹8.79 Crore in HSN Code 46021911 goods In FY 2024-25, India's exports of ₹10.01 Cr exceeded imports of ₹1.22 Cr, resulting in a trade surplus of ₹8.79 Crore — ranking #3393 of 12657 by surplus magnitude. ### Import growth of 1.59% CAGR signals stable import dependency for Palm leaf baskets India's imports under HSN Code 46021911 have grown at 1.59% CAGR, reaching ₹1.22 Crore in FY 2024-25. ### HSN Code 46021911 contributes 4.04% of Sub-Chapter 4602 exports — ranked #3 Among the 9 HSN codes under Sub-Chapter 4602, HSN Code 46021911 ranks #3 by export value — accounting for 4.04% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.58% share (rank #5). ## Related HSN Codes in Sub-Chapter 4602 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 46021990: Of Vegetable Materials \| Other](https://busy.in/hsn/hsn-46021990/) | ₹121 Cr | | #2 | [HSN Code 46021919: Palm leaves products](https://busy.in/hsn/hsn-46021919/) | ₹105 Cr | | #3 | HSN Code 46021911: Palm leaf baskets (this hsn code) | ₹10 Cr | | #4 | [HSN Code 46029000: Of Vegetable Materials \| Other](https://busy.in/hsn/hsn-46029000/) | ₹6 Cr | | #5 | [HSN Code 46021200: Of Vegetable Materials \| Of Rattan](https://busy.in/hsn/hsn-46021200/) | ₹4 Cr | | #6 | [HSN Code 46021100: Of Vegetable Materials \| Of Bamboo](https://busy.in/hsn/hsn-46021100/) | ₹3 Cr | | — | [HSN Code 46021011: Other Palm Leaf Articles](https://busy.in/hsn/hsn-46021011/) | — | | — | [HSN Code 46021019: Other Vegetable Plaiting Articles](https://busy.in/hsn/hsn-46021019/) | — | | — | [HSN Code 46021090: Carbonizing Base Paper](https://busy.in/hsn/hsn-46021090/) | — |