HSN Code 48062000: Greaseproof paper

HSN Code 48062000 represents Greaseproof paper under GST classification. This code helps businesses identify Greaseproof paper correctly for billing, taxation, and trade. With HSN Code 48062000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Greaseproof paper.

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Description of Goods for HSN Code 48062000

HSN Code 48062000 relates to the following description.

Description of Goods

Greaseproof papers

Chapter

48 - Paper and paperboard; articles of paper pulp of paper or of paperboard

Sub Chapter

4806 - Vegetable parchment, greaseproof papers, tracing papers and glassine and other glazed transparent or translucent papers, in rolls or sheets

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 48062000 not include?

Greaseproof paper does not include products with the following descriptions.

Glassine and other glazed transparent or translucent papers : Glassine papers

India’s Trade Performance — HSN Code 48062000 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

₹23 Cr

+68.27% vs FY 2023-24

0.0006% of India’s total exports

India’s Imports

FY 2024-25

₹54 Cr

+8.43% vs FY 2023-24

0.0009% of India’s total imports

Trade Balance

FY 2024-25

−₹31 Cr

Trade Deficit

Surplus rank #9859 of 12657 HSN codes

% of Sub-Chapter 4806

FY 2024-25

55.18%

Share of Sub-Chapter 4806’s total exports in FY 2024-25

Import side: 5.01% of Sub-Chapter 4806’s imports

Rank Within Sub-Chapter 4806

FY 2024-25

#1 of 5

Position by export value among HSN codes in Sub-Chapter 4806

Import-side rank: #2 of 5

At a glance

76.66%

Export CAGR

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

#4689

National Export Rank

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

+678.13%

Peak Growth Year

FY 2021-22 · strongest single-year move

55.18%

Contribution to Sub-Ch. 4806

Share of Sub-Chapter 4806 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 48062000

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 #7867

Balance

−19.76

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

8.90% of Sub-Ch. 4806

Imports

20.51 ₹ Cr

0.0006% share

YoY

4.16% of Sub-Ch. 4806

FY 2019-20 Exp. Rank #7800

Balance

−18.71

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+6.67% YoY

5.50% of Sub-Ch. 4806

Imports

19.51 ₹ Cr

0.0006% share

−4.88% YoY

4.21% of Sub-Ch. 4806

FY 2020-21 Exp. Rank #8040

Balance

−18.43

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−20.00% YoY

5.97% of Sub-Ch. 4806

Imports

19.07 ₹ Cr

0.0007% share

−2.26% YoY

4.30% of Sub-Ch. 4806

FY 2021-22 Exp. Rank #6358

Balance

−25.66

Exports

4.98 ₹ Cr

0.0002% share

+678.13% YoY

27.64% of Sub-Ch. 4806

Imports

30.64 ₹ Cr

0.0007% share

+60.67% YoY

4.60% of Sub-Ch. 4806

FY 2022-23 Exp. Rank #5079

Balance

−46.96

Exports

14.92 ₹ Cr

0.0004% share

+199.60% YoY

48.81% of Sub-Ch. 4806

Imports

61.88 ₹ Cr

0.0011% share

+101.96% YoY

6.70% of Sub-Ch. 4806

FY 2023-24 Exp. Rank #5311

Balance

−35.92

Exports

13.55 ₹ Cr

0.0004% share

−9.18% YoY

42.53% of Sub-Ch. 4806

Imports

49.47 ₹ Cr

0.0009% share

−20.05% YoY

5.26% of Sub-Ch. 4806

FY 2024-25 Exp. Rank #4689

Balance

−30.84

Exports

22.80 ₹ Cr

0.0006% share

+68.27% YoY

55.18% of Sub-Ch. 4806

Imports

53.64 ₹ Cr

0.0009% share

+8.43% YoY

5.01% of Sub-Ch. 4806

CAGR · 7-Year

Exports

76.66% /yr

Imports

17.38% /yr

Consistently Deficit
Sub-Chapter 4806 total

reference, FY 2024-25

Export

₹41.32 Cr

Import

₹1,069.84 Cr

Trade Balance

−1,028.52

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 48062000 Export-Import Analysis

Consistent Export Growth: 76.66% CAGR Over 7 Years

India's exports under HSN Code 48062000 have grown at a compound annual rate of 76.66% over 7 fiscal years, rising from ₹0.75 Crore in FY 2018-19 to ₹22.80 Crore in FY 2024-25.

HSN Code 48062000 Ranked #4689 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 48062000 ranks #4689 out of 12657 HSN codes by total export value. Within Sub-Chapter 4806, it ranks #1 of 5. By trade surplus, it ranks #9859 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 48062000 Exports

The strongest single-year export movement for HSN Code 48062000 was recorded in FY 2021-22, when exports surged by 678.13% over the prior year.

India Records a Trade Deficit of ₹30.84 Crore in HSN Code 48062000 Goods

In FY 2024-25, India's imports of ₹53.64 Cr exceeded exports of ₹22.80 Cr, resulting in a trade deficit of ₹30.84 Crore — ranking #9859 of 12657 by surplus magnitude.

Import Growth of 17.38% CAGR Signals Rising Demand for Greaseproof paper

India's imports under HSN Code 48062000 have grown at 17.38% CAGR, reaching ₹53.64 Crore in FY 2024-25.

HSN Code 48062000 Contributes 55.18% of Sub-Chapter 4806 Exports — Ranked #1

Among the 5 HSN codes under Sub-Chapter 4806, HSN Code 48062000 ranks #1 by export value — accounting for 55.18% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.01% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 48062000 and GST compliance.

What products are classified under HSN 48062000 ?

It includes Tracing Papers

Any common misclassification issue with Greaseproof paper?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Can we claim ITC on inputs used to trade Greaseproof paper?

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 Greaseproof 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.

Does packaging or labelling change the GST for Greaseproof 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.

How much GST applies to Greaseproof paper?

Under HSN 48062000, Greaseproof paper attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.