HSN Code 46021990: Of Vegetable Materials | Other

HSN Code 46021990 represents Of Vegetable Materials | Other under GST classification. This code helps businesses identify Of Vegetable Materials | Other correctly for billing, taxation, and trade. With HSN Code 46021990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of Vegetable Materials | Other.

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Description of Goods for HSN Code 46021990

HSN Code 46021990 relates to the following description.

Description of Goods

Of vegetable materials : Other : Other

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 46021990 not include?

Of Vegetable Materials | Other 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 46021990 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

₹121 Cr

+2.03% vs FY 2023-24

0.0033% of India’s total exports

India’s Imports

FY 2024-25

₹14 Cr

+11.05% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

₹107 Cr

Trade Surplus

Surplus rank #1564 of 12657 HSN codes

% of Sub-Chapter 4602

FY 2024-25

48.75%

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

Import side: 41.02% of Sub-Chapter 4602’s imports

Rank Within Sub-Chapter 4602

FY 2024-25

#1 of 9

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

Import-side rank: #1 of 9

At a glance

23.74%

Export CAGR

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

#2424

National Export Rank

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

+69.67%

Peak Growth Year

FY 2019-20 · strongest single-year move

48.75%

Contribution to Sub-Ch. 4602

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

India Export-Import Trade Statistics for HSN Code 46021990

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 #3427

Balance

+25.16

Exports

33.70 ₹ Cr

0.0015% share

YoY

30.87% of Sub-Ch. 4602

Imports

8.54 ₹ Cr

0.0002% share

YoY

42.21% of Sub-Ch. 4602

FY 2019-20 Exp. Rank #2696

Balance

+45.39

Exports

57.18 ₹ Cr

0.0026% share

+69.67% YoY

37.25% of Sub-Ch. 4602

Imports

11.79 ₹ Cr

0.0004% share

+38.06% YoY

45.98% of Sub-Ch. 4602

FY 2020-21 Exp. Rank #2798

Balance

+45.98

Exports

54.69 ₹ Cr

0.0025% share

−4.35% YoY

49.66% of Sub-Ch. 4602

Imports

8.71 ₹ Cr

0.0003% share

−26.12% YoY

61.08% of Sub-Ch. 4602

FY 2021-22 Exp. Rank #2545

Balance

+79.00

Exports

91.32 ₹ Cr

0.0029% share

+66.98% YoY

54.48% of Sub-Ch. 4602

Imports

12.32 ₹ Cr

0.0003% share

+41.45% YoY

48.54% of Sub-Ch. 4602

FY 2022-23 Exp. Rank #2364

Balance

+104.51

Exports

113.78 ₹ Cr

0.0031% share

+24.59% YoY

53.84% of Sub-Ch. 4602

Imports

9.27 ₹ Cr

0.0002% share

−24.76% YoY

36.96% of Sub-Ch. 4602

FY 2023-24 Exp. Rank #2367

Balance

+105.96

Exports

118.54 ₹ Cr

0.0033% share

+4.18% YoY

47.80% of Sub-Ch. 4602

Imports

12.58 ₹ Cr

0.0002% share

+35.71% YoY

37.97% of Sub-Ch. 4602

FY 2024-25 Exp. Rank #2424

Balance

+106.98

Exports

120.95 ₹ Cr

0.0033% share

+2.03% YoY

48.75% of Sub-Ch. 4602

Imports

13.97 ₹ Cr

0.0002% share

+11.05% YoY

41.02% of Sub-Ch. 4602

CAGR · 7-Year

Exports

23.74% /yr

Imports

8.55% /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 46021990 Export-Import Analysis

Consistent Export Growth: 23.74% CAGR Over 7 Years

India's exports under HSN Code 46021990 have grown at a compound annual rate of 23.74% over 7 fiscal years, rising from ₹33.70 Crore in FY 2018-19 to ₹120.95 Crore in FY 2024-25.

HSN Code 46021990 Ranked #2424 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 46021990 ranks #2424 out of 12657 HSN codes by total export value. Within Sub-Chapter 4602, it ranks #1 of 9. By trade surplus, it ranks #1564 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 46021990 Exports

The strongest single-year export movement for HSN Code 46021990 was recorded in FY 2019-20, when exports surged by 69.67% over the prior year.

India Maintains a Trade Surplus of ₹106.98 Crore in HSN Code 46021990 Goods

In FY 2024-25, India's exports of ₹120.95 Cr exceeded imports of ₹13.97 Cr, resulting in a trade surplus of ₹106.98 Crore — ranking #1564 of 12657 by surplus magnitude.

Import Growth of 8.55% CAGR Signals Stable Import Dependency for Of Vegetable Materials | Other

India's imports under HSN Code 46021990 have grown at 8.55% CAGR, reaching ₹13.97 Crore in FY 2024-25.

HSN Code 46021990 Contributes 48.75% of Sub-Chapter 4602 Exports — Ranked #1

Among the 9 HSN codes under Sub-Chapter 4602, HSN Code 46021990 ranks #1 by export value — accounting for 48.75% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 41.02% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 46021990 and GST compliance.

What products are classified under HSN 46021990 ?

It includes Of Vegetable Materials | Other

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

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 Of Vegetable Materials / Other?

Under HSN 46021990, Of Vegetable Materials / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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

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 Of Vegetable Materials / Other?

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.

Any common misclassification issue with Of Vegetable Materials / Other?

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.