HSN Code 46021911: Palm leaf baskets

HSN Code 46021911 represents Palm leaf baskets under GST classification. This code helps businesses identify Palm leaf baskets correctly for billing, taxation, and trade. With HSN Code 46021911, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Palm leaf baskets.

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Description of Goods for HSN Code 46021911

HSN Code 46021911 relates to the following description.

Description of Goods

Of vegetable materials : Other : Of palm leaves : Baskets

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 46021911 not include?

Palm leaf baskets 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 46021911 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

₹10 Cr

+2.77% vs FY 2023-24

0.0003% of India’s total exports

India’s Imports

FY 2024-25

₹1 Cr

−30.68% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹9 Cr

Trade Surplus

Surplus rank #3393 of 12657 HSN codes

% of Sub-Chapter 4602

FY 2024-25

4.04%

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

Import side: 3.58% of Sub-Chapter 4602’s imports

Rank Within Sub-Chapter 4602

FY 2024-25

#3 of 9

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

Import-side rank: #5 of 9

At a glance

37.67%

Export CAGR

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

#5782

National Export Rank

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

+187.32%

Peak Growth Year

FY 2023-24 · strongest single-year move

4.04%

Contribution to Sub-Ch. 4602

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #7259

Balance

+0.36

Exports

1.47 ₹ Cr

0.0001% share

YoY

1.35% of Sub-Ch. 4602

Imports

1.11 ₹ Cr

0.0000% share

YoY

5.49% of Sub-Ch. 4602

FY 2019-20 Exp. Rank #6713

Balance

+1.01

Exports

2.46 ₹ Cr

0.0001% share

+67.35% YoY

1.60% of Sub-Ch. 4602

Imports

1.45 ₹ Cr

0.0000% share

+30.63% YoY

5.66% of Sub-Ch. 4602

FY 2020-21 Exp. Rank #7143

Balance

+1.24

Exports

1.73 ₹ Cr

0.0001% share

−29.67% YoY

1.57% of Sub-Ch. 4602

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−66.21% YoY

3.44% of Sub-Ch. 4602

FY 2021-22 Exp. Rank #6955

Balance

+1.48

Exports

2.83 ₹ Cr

0.0001% share

+63.58% YoY

1.69% of Sub-Ch. 4602

Imports

1.35 ₹ Cr

0.0000% share

+175.51% YoY

5.32% of Sub-Ch. 4602

FY 2022-23 Exp. Rank #6868

Balance

+2.06

Exports

3.39 ₹ Cr

0.0001% share

+19.79% YoY

1.60% of Sub-Ch. 4602

Imports

1.33 ₹ Cr

0.0000% share

−1.48% YoY

5.30% of Sub-Ch. 4602

FY 2023-24 Exp. Rank #5759

Balance

+7.98

Exports

9.74 ₹ Cr

0.0003% share

+187.32% YoY

3.93% of Sub-Ch. 4602

Imports

1.76 ₹ Cr

0.0000% share

+32.33% YoY

5.31% of Sub-Ch. 4602

FY 2024-25 Exp. Rank #5782

Balance

+8.79

Exports

10.01 ₹ Cr

0.0003% share

+2.77% YoY

4.04% of Sub-Ch. 4602

Imports

1.22 ₹ Cr

0.0000% share

−30.68% YoY

3.58% of Sub-Ch. 4602

CAGR · 7-Year

Exports

37.67% /yr

Imports

1.59% /yr

Consistently Surplus
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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 46021911 and GST compliance.

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).

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.