--- title: "HSN Code for Felt Paper & Board | HSN 48055000 GST Rate" description: "Find HSN and GST Rates for 48055000 related to Felt Paper & Board with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-48055000/" --- # HSN Code 48055000: Felt Paper & Board - [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 4805: Uncoated Paper & Board](https://busy.in/hsn/sub-chapter-4805/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Felt paper and paperboard | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 48055000 ? It includes Other : Weighing 150 g/m2 or less ### How should mixed supplies be billed when Felt Paper & Board is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Felt Paper & Board; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Felt Paper & Board? 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. ### Do e‑way bill and e‑invoice apply for Felt Paper & Board? 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 much GST applies to Felt Paper & Board? Under HSN 48055000, Felt Paper & Board attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Felt Paper & Board? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 48055000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−39.29% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore (+429.41% YoY) — 0.0000% of India's total imports - Trade balance: −< ₹1 Crore (Deficit); surplus rank #7805 of 12657 HSN codes - Share of Sub-Chapter 4805: 0.02% of its exports; import side 0.04% - Rank within Sub-Chapter 4805: #9 of 11 by export value; import-side #9 ### Key metrics - Export CAGR: 11.18% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9502 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +180.00% in FY 2023-24 - Contribution to Sub-Ch. 4805: 0.02% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 48055000 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. 4805 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4805 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.01% | < ₹1 Crore | 0.0000% | — | 0.05% | −0.52 | #9231 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +22.22% | 0.01% | < ₹1 Crore | 0.0000% | +22.95% | 0.07% | −0.64 | #9131 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −18.18% | 0.00% | < ₹1 Crore | 0.0000% | −84.00% | 0.01% | −0.03 | #9278 | | FY 2021-22 | Nil | 0.0000% | −100.00% | 0.00% | < ₹1 Crore | 0.0000% | +483.33% | 0.05% | −0.70 | — | | FY 2022-23 | < ₹1 Crore | 0.0000% | — | 0.01% | 1.53 | 0.0000% | +118.57% | 0.08% | −1.43 | #9640 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +180.00% | 0.02% | < ₹1 Crore | 0.0000% | −88.89% | 0.01% | +0.11 | #9231 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −39.29% | 0.02% | < ₹1 Crore | 0.0000% | +429.41% | 0.04% | −0.73 | #9502 | - CAGR (7-year): exports 11.18%/yr, imports 6.70%/yr (consistently Deficit) ## Key trade insights: HSN Code 48055000 export-import analysis ### Consistent export growth: 11.18% CAGR over 7 years India's exports under HSN Code 48055000 have grown at a compound annual rate of 11.18% over 7 fiscal years, rising from ₹0.09 Crore in FY 2018-19 to ₹0.17 Crore in FY 2024-25. ### HSN Code 48055000 ranked #9502 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 48055000 ranks #9502 out of 12657 HSN codes by total export value. Within Sub-Chapter 4805, it ranks #9 of 11. By trade surplus, it ranks #7805 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 48055000 exports The strongest single-year export movement for HSN Code 48055000 was recorded in FY 2023-24, when exports surged by 180.00% over the prior year. ### India records a trade deficit of ₹0.73 Crore in HSN Code 48055000 goods In FY 2024-25, India's imports of ₹0.90 Cr exceeded exports of ₹0.17 Cr, resulting in a trade deficit of ₹0.73 Crore — ranking #7805 of 12657 by surplus magnitude. ### Import growth of 6.70% CAGR signals stable import dependency for Felt Paper & Board India's imports under HSN Code 48055000 have grown at 6.70% CAGR, reaching ₹0.90 Crore in FY 2024-25. ### HSN Code 48055000 contributes 0.02% of Sub-Chapter 4805 exports — ranked #9 Among the 11 HSN codes under Sub-Chapter 4805, HSN Code 48055000 ranks #9 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.04% share (rank #9). ## Related HSN Codes in Sub-Chapter 4805 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 48051900: Fluting paper : Other](https://busy.in/hsn/hsn-48051900/) | ₹403 Cr | | #2 | [HSN Code 48052400: Recycled liner board: Testliner](https://busy.in/hsn/hsn-48052400/) | ₹283 Cr | | #3 | [HSN Code 48059300: Other \| Weighing 225 G/M2 Or More](https://busy.in/hsn/hsn-48059300/) | ₹124 Cr | | #4 | [HSN Code 48052500: Testliner (recycled liner board), 150g+](https://busy.in/hsn/hsn-48052500/) | ₹75 Cr | | #5 | [HSN Code 48051100: Fluting paper : Semi-chemical fluting paper](https://busy.in/hsn/hsn-48051100/) | ₹40 Cr | | #6 | [HSN Code 48059200: Weighing more than 150 g/m2](https://busy.in/hsn/hsn-48059200/) | ₹34 Cr | | #7 | [HSN Code 48059100: Other : Weighing 150 g/m2 or less](https://busy.in/hsn/hsn-48059100/) | ₹19 Cr | | #8 | [HSN Code 48054000: Filter paper and paperboard](https://busy.in/hsn/hsn-48054000/) | ₹5 Cr | | #9 | HSN Code 48055000: Felt Paper & Board (this hsn code) | < ₹1 Crore | | — | [HSN Code 48051200: Straw Fluting Paper](https://busy.in/hsn/hsn-48051200/) | Nil |