--- title: "HSN Code for Insulating Kraft Paper | HSN 48103910 GST Rate" description: "Find HSN and GST Rates for 48103910 related to Insulating Kraft Paper with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-48103910/" --- # HSN Code 48103910: Insulating 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 4810: Kaolin coated paper](https://busy.in/hsn/sub-chapter-4810/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Kraft paper and paperboard, other than that of a kind used for writing, printing or other graphic purposes : other : Insulating paper | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 48103910 ? It includes Insulation Boards (Homogenous) ### Does packaging or labelling change the GST for Insulating 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. ### Do e‑way bill and e‑invoice apply for Insulating 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. ### Any common misclassification issue with Insulating 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. ### How much GST applies to Insulating Kraft Paper? Under HSN 48103910, Insulating Kraft Paper attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Insulating 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. ## India's trade performance: HSN Code 48103910 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+42.86% YoY) — 0.0000% of India's total exports - Imports: ₹93 Cr (+33.03% YoY) — 0.0015% of India's total imports - Trade balance: −₹93 Cr (Deficit); surplus rank #10750 of 12657 HSN codes - Share of Sub-Chapter 4810: 0.02% of its exports; import side 1.24% - Rank within Sub-Chapter 4810: #14 of 22 by export value; import-side #11 ### Key metrics - Export CAGR: -10.53% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #8687 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +93.94% in FY 2021-22 - Contribution to Sub-Ch. 4810: 0.02% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 48103910 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. 4810 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4810 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 1.17 | 0.0001% | — | 0.07% | 60.65 | 0.0017% | — | 1.29% | −59.48 | #7476 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −47.86% | 0.03% | 42.78 | 0.0013% | −29.46% | 0.97% | −42.17 | #8043 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −45.90% | 0.01% | 34.98 | 0.0012% | −18.23% | 1.20% | −34.65 | #8538 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +93.94% | 0.01% | 51.32 | 0.0011% | +46.71% | 1.37% | −50.68 | #8394 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −54.69% | 0.01% | 53.94 | 0.0009% | +5.11% | 0.88% | −53.65 | #9067 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +44.83% | 0.01% | 70.20 | 0.0013% | +30.14% | 1.16% | −69.78 | #8938 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +42.86% | 0.02% | 93.39 | 0.0015% | +33.03% | 1.24% | −92.79 | #8687 | - CAGR (7-year): exports -10.53%/yr, imports 7.46%/yr (consistently Deficit) ## Key trade insights: HSN Code 48103910 export-import analysis ### Export decline: -10.53% CAGR over 7 years India's exports under HSN Code 48103910 have declined at a compound annual rate of -10.53% over 7 fiscal years, falling from ₹1.17 Crore in FY 2018-19 to ₹0.60 Crore in FY 2024-25. ### HSN Code 48103910 ranked #8687 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 48103910 ranks #8687 out of 12657 HSN codes by total export value. Within Sub-Chapter 4810, it ranks #14 of 22. By trade surplus, it ranks #10750 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 48103910 exports The strongest single-year export movement for HSN Code 48103910 was recorded in FY 2021-22, when exports surged by 93.94% over the prior year. ### India records a trade deficit of ₹92.79 Crore in HSN Code 48103910 goods In FY 2024-25, India's imports of ₹93.39 Cr exceeded exports of ₹0.60 Cr, resulting in a trade deficit of ₹92.79 Crore — ranking #10750 of 12657 by surplus magnitude. ### Import growth of 7.46% CAGR signals stable import dependency for Insulating Kraft Paper India's imports under HSN Code 48103910 have grown at 7.46% CAGR, reaching ₹93.39 Crore in FY 2024-25. ### HSN Code 48103910 contributes 0.02% of Sub-Chapter 4810 exports — ranked #14 Among the 22 HSN codes under Sub-Chapter 4810, HSN Code 48103910 ranks #14 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.24% share (rank #11). ## Related HSN Codes in Sub-Chapter 4810 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 48109200: Other Paper And Paperboard \| Multi-Ply](https://busy.in/hsn/hsn-48109200/) | ₹1,433 Cr | | #2 | [HSN Code 48109900: Other Paper And Paperboard \| Other](https://busy.in/hsn/hsn-48109900/) | ₹960 Cr | | #3 | [HSN Code 48101990: Paper For Writing (Other)](https://busy.in/hsn/hsn-48101990/) | ₹462 Cr | | #4 | [HSN Code 48101390: Paper For Printing (Rolls)](https://busy.in/hsn/hsn-48101390/) | ₹223 Cr | | #5 | [HSN Code 48101920: Art Paper](https://busy.in/hsn/hsn-48101920/) | ₹115 Cr | | #6 | [HSN Code 48102900: Light-Weight Coated Paper (Chemi-Mech. Pulp)](https://busy.in/hsn/hsn-48102900/) | ₹80 Cr | | #7 | [HSN Code 48101320: Art paper](https://busy.in/hsn/hsn-48101320/) | ₹28 Cr | | #8 | [HSN Code 48103990: Other Kraft Paper/Board](https://busy.in/hsn/hsn-48103990/) | ₹26 Cr | | #9 | [HSN Code 48102200: Paint/Distemper/Varnish Brushes (excl. 9603 30)](https://busy.in/hsn/hsn-48102200/) | ₹3 Cr | | #10 | [HSN Code 48101310: Imitation Art Paper](https://busy.in/hsn/hsn-48101310/) | ₹1 Cr | | #14 | HSN Code 48103910: Insulating Kraft Paper (this hsn code) | < ₹1 Crore |