--- title: "HSN Code for Kraft paper | HSN 48043900 GST Rate" description: "Find HSN and GST Rates for 48043900 related to Kraft paper with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-48043900/" --- # HSN Code 48043900: Kraft paper - [Section 10: Guide to HSN Section 10](https://busy.in/hsn/section-10/) - [Chapter 48: Paper and paperboard; articles of paper pulp of paper or of paperboard](https://busy.in/hsn/chapter-48/) - [Sub-chapter 4804: Uncoated kraft paper](https://busy.in/hsn/sub-chapter-4804/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other kraft paper and paperboard weighing 150 g/m2 or less: other | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 48043900 ? It includes Unbleached Kraft Paperboard (150-225 g/m²)s ### Can we claim ITC on inputs used to trade Kraft paper? 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 Kraft paper? Under HSN 48043900, Kraft paper attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Kraft paper? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Kraft paper? 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. ### How should mixed supplies be billed when Kraft paper is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Kraft paper; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Kraft paper? 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. ## India's trade performance: HSN Code 48043900 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹256 Cr (+25.55% YoY) — 0.0070% of India's total exports - Imports: ₹923 Cr (+24.66% YoY) — 0.0152% of India's total imports - Trade balance: −₹667 Cr (Deficit); surplus rank #12045 of 12657 HSN codes - Share of Sub-Chapter 4804: 28.38% of its exports; import side 38.25% - Rank within Sub-Chapter 4804: #1 of 12 by export value; import-side #1 ### Key metrics - Export CAGR: 9.55% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1605 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +93.61% in FY 2021-22 - Contribution to Sub-Ch. 4804: 28.38% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 48043900 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. 4804 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4804 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 148.10 | 0.0065% | — | 16.25% | 352.29 | 0.0098% | — | 28.70% | −204.19 | #1597 | | FY 2019-20 | 131.73 | 0.0060% | −11.05% | 20.43% | 431.37 | 0.0129% | +22.45% | 34.44% | −299.64 | #1707 | | FY 2020-21 | 104.68 | 0.0049% | −20.53% | 10.81% | 396.02 | 0.0136% | −8.19% | 32.59% | −291.34 | #2016 | | FY 2021-22 | 202.67 | 0.0065% | +93.61% | 15.23% | 518.23 | 0.0113% | +30.86% | 33.51% | −315.56 | #1639 | | FY 2022-23 | 238.15 | 0.0066% | +17.51% | 25.44% | 747.57 | 0.0130% | +44.25% | 37.12% | −509.42 | #1552 | | FY 2023-24 | 203.93 | 0.0056% | −14.37% | 23.98% | 740.57 | 0.0132% | −0.94% | 37.33% | −536.64 | #1764 | | FY 2024-25 | 256.04 | 0.0070% | +25.55% | 28.38% | 923.21 | 0.0152% | +24.66% | 38.25% | −667.17 | #1605 | - CAGR (7-year): exports 9.55%/yr, imports 17.42%/yr (consistently Deficit) ## Key trade insights: HSN Code 48043900 export-import analysis ### Consistent export growth: 9.55% CAGR over 7 years India's exports under HSN Code 48043900 have grown at a compound annual rate of 9.55% over 7 fiscal years, rising from ₹148.10 Crore in FY 2018-19 to ₹256.04 Crore in FY 2024-25. ### HSN Code 48043900 ranked #1605 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 48043900 ranks #1605 out of 12657 HSN codes by total export value. Within Sub-Chapter 4804, it ranks #1 of 12. By trade surplus, it ranks #12045 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 48043900 exports The strongest single-year export movement for HSN Code 48043900 was recorded in FY 2021-22, when exports surged by 93.61% over the prior year. ### India records a trade deficit of ₹667.17 Crore in HSN Code 48043900 goods In FY 2024-25, India's imports of ₹923.21 Cr exceeded exports of ₹256.04 Cr, resulting in a trade deficit of ₹667.17 Crore — ranking #12045 of 12657 by surplus magnitude. ### Import growth of 17.42% CAGR signals rising demand for Kraft paper India's imports under HSN Code 48043900 have grown at 17.42% CAGR, reaching ₹923.21 Crore in FY 2024-25. ### HSN Code 48043900 contributes 28.38% of Sub-Chapter 4804 exports — ranked #1 Among the 12 HSN codes under Sub-Chapter 4804, HSN Code 48043900 ranks #1 by export value — accounting for 28.38% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 38.25% share (rank #1). ## Related HSN Codes in Sub-Chapter 4804 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 48043900: Kraft paper (this hsn code) | ₹256 Cr | | #2 | [HSN Code 48045100: Kraft Paper & Paperboard ≥ 225 g/m²: Unbleached](https://busy.in/hsn/hsn-48045100/) | ₹244 Cr | | #3 | [HSN Code 48043100: Other kraft paper and paperboard weighing 150 g/m2 or less: Unbleached](https://busy.in/hsn/hsn-48043100/) | ₹212 Cr | | #4 | [HSN Code 48041100: Kraftliner : Unbleached](https://busy.in/hsn/hsn-48041100/) | ₹52 Cr | | #5 | [HSN Code 48044100: Unbleached Kraft Paperboard (150-225 g/m²)s](https://busy.in/hsn/hsn-48044100/) | ₹47 Cr | | #6 | [HSN Code 48042900: Sack Kraft Paper \| Other](https://busy.in/hsn/hsn-48042900/) | ₹35 Cr | | #7 | [HSN Code 48044900: Other Kraft Paperboard (150-225 g/m²)](https://busy.in/hsn/hsn-48044900/) | ₹34 Cr | | #8 | [HSN Code 48041900: Kraftliner \| Other](https://busy.in/hsn/hsn-48041900/) | ₹12 Cr | | #9 | [HSN Code 48042100: Sack Kraft Paper \| Unbleached](https://busy.in/hsn/hsn-48042100/) | ₹5 Cr | | #10 | [HSN Code 48045900: Kraft paper ≥225 g/m2](https://busy.in/hsn/hsn-48045900/) | ₹4 Cr |