HSN Code 48070010: Composite paper: Straw board

HSN Code 48070010 represents Composite paper: Straw board under GST classification. This code helps businesses identify Composite paper: Straw board correctly for billing, taxation, and trade. With HSN Code 48070010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Composite paper: Straw board.

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Description of Goods for HSN Code 48070010

HSN Code 48070010 relates to the following description.

Description of Goods

Composite paper and paperboard (made by sticking flat layers of paper or paperboard together with an adhesive), not surface-coated or impregnated, whether or not internally reinforced, in rolls or sheets : Straw paper and other straw board, whether or not covered with paper other than straw paper

Chapter

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

Sub Chapter

4807 - Composite paper and paperboard (made by sticking flat layers of paper or paperboard together with an adhesive), not surfacecoated or impregnated, whether or not internally reinforced, in rolls or sheets

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 48070010 not include?

Composite paper: Straw board does not include products with the following descriptions.

HSN Code 48070090

Composite paper and paperboard (made by sticking flat layers of paper or paperboard together with an adhesive), not surface-coated or impregnated, whether or not internally reinforced, in rolls or sheets : Other

India’s Trade Performance — HSN Code 48070010 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

₹4 Cr

+44.70% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹2 Cr

+21.54% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹2 Cr

Trade Surplus

Surplus rank #4185 of 12657 HSN codes

% of Sub-Chapter 4807

FY 2024-25

13.85%

Share of Sub-Chapter 4807’s total exports in FY 2024-25

Import side: 2.14% of Sub-Chapter 4807’s imports

Rank Within Sub-Chapter 4807

FY 2024-25

#2 of 2

Position by export value among HSN codes in Sub-Chapter 4807

Import-side rank: #2 of 2

At a glance

49.66%

Export CAGR

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

#6932

National Export Rank

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

+269.77%

Peak Growth Year

FY 2021-22 · strongest single-year move

13.85%

Contribution to Sub-Ch. 4807

Share of Sub-Chapter 4807 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 48070010

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 #8452

Balance

−0.21

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

3.13% of Sub-Ch. 4807

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

1.76% of Sub-Ch. 4807

FY 2019-20 Exp. Rank #8202

Balance

−0.81

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+47.06% YoY

7.11% of Sub-Ch. 4807

Imports

1.31 ₹ Cr

0.0000% share

+138.18% YoY

5.12% of Sub-Ch. 4807

FY 2020-21 Exp. Rank #8343

Balance

+0.43

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−14.00% YoY

9.58% of Sub-Ch. 4807

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 4807

FY 2021-22 Exp. Rank #7568

Balance

+1.10

Exports

1.59 ₹ Cr

0.0001% share

+269.77% YoY

6.71% of Sub-Ch. 4807

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

2.17% of Sub-Ch. 4807

FY 2022-23 Exp. Rank #7927

Balance

+0.05

Exports

1.21 ₹ Cr

0.0000% share

−23.90% YoY

6.88% of Sub-Ch. 4807

Imports

1.16 ₹ Cr

0.0000% share

+136.73% YoY

2.04% of Sub-Ch. 4807

FY 2023-24 Exp. Rank #7275

Balance

+1.34

Exports

2.64 ₹ Cr

0.0001% share

+118.18% YoY

17.72% of Sub-Ch. 4807

Imports

1.30 ₹ Cr

0.0000% share

+12.07% YoY

2.69% of Sub-Ch. 4807

FY 2024-25 Exp. Rank #6932

Balance

+2.24

Exports

3.82 ₹ Cr

0.0001% share

+44.70% YoY

13.85% of Sub-Ch. 4807

Imports

1.58 ₹ Cr

0.0000% share

+21.54% YoY

2.14% of Sub-Ch. 4807

CAGR · 7-Year

Exports

49.66% /yr

Imports

19.23% /yr

Consistently Surplus
Sub-Chapter 4807 total

reference, FY 2024-25

Export

₹27.58 Cr

Import

₹73.97 Cr

Trade Balance

−46.39

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

Key Trade Insights: HSN Code 48070010 Export-Import Analysis

Consistent Export Growth: 49.66% CAGR Over 7 Years

India's exports under HSN Code 48070010 have grown at a compound annual rate of 49.66% over 7 fiscal years, rising from ₹0.34 Crore in FY 2018-19 to ₹3.82 Crore in FY 2024-25.

HSN Code 48070010 Ranked #6932 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 48070010 ranks #6932 out of 12657 HSN codes by total export value. Within Sub-Chapter 4807, it ranks #2 of 2. By trade surplus, it ranks #4185 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 48070010 Exports

The strongest single-year export movement for HSN Code 48070010 was recorded in FY 2021-22, when exports surged by 269.77% over the prior year.

India Maintains a Trade Surplus of ₹2.24 Crore in HSN Code 48070010 Goods

In FY 2024-25, India's exports of ₹3.82 Cr exceeded imports of ₹1.58 Cr, resulting in a trade surplus of ₹2.24 Crore — ranking #4185 of 12657 by surplus magnitude.

Import Growth of 19.23% CAGR Signals Rising Demand for Composite paper: Straw board

India's imports under HSN Code 48070010 have grown at 19.23% CAGR, reaching ₹1.58 Crore in FY 2024-25.

HSN Code 48070010 Contributes 13.85% of Sub-Chapter 4807 Exports — Ranked #2

Among the 2 HSN codes under Sub-Chapter 4807, HSN Code 48070010 ranks #2 by export value — accounting for 13.85% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.14% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 48070010 and GST compliance.

What products are classified under HSN 48070010 ?

It includes Other Composite Paper/Paperboard

Any common misclassification issue with Composite paper: Straw board?

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 Composite paper: Straw 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.

Can we claim ITC on inputs used to trade Composite paper: Straw board?

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 Composite paper: Straw board?

Under HSN 48070010, Composite paper: Straw board attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Composite paper: Straw board is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Composite paper: Straw board; 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.