--- title: "HSN Code for Folding Cartons & Boxes | HSN 48192020 GST Rate" description: "Find HSN and GST Rates for 48192020 related to Folding Cartons & Boxes with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-48192020/" --- # HSN Code 48192020: Folding Cartons & Boxes - [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 4819: Cartons, boxes, cases, of paperboard](https://busy.in/hsn/sub-chapter-4819/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Folding cartons, boxes and cases, of non-corrugated paper and paperboard: Boxes | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 48192020 ? It includes Sacks and bags over 40 cm width ### Do e‑way bill and e‑invoice apply for Folding Cartons & Boxes? 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 Folding Cartons & Boxes? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Does packaging or labelling change the GST for Folding Cartons & Boxes? 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. ### Any common misclassification issue with Folding Cartons & Boxes? 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 Folding Cartons & Boxes? Under HSN 48192020, Folding Cartons & Boxes attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 48192020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹546 Cr (+1.90% YoY) — 0.0148% of India's total exports - Imports: ₹44 Cr (−21.12% YoY) — 0.0007% of India's total imports - Trade balance: ₹502 Cr (Surplus); surplus rank #634 of 12657 HSN codes - Share of Sub-Chapter 4819: 19.41% of its exports; import side 3.66% - Rank within Sub-Chapter 4819: #2 of 10 by export value; import-side #6 ### Key metrics - Export CAGR: 16.44% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #937 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +38.25% in FY 2021-22 - Contribution to Sub-Ch. 4819: 19.41% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 48192020 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. 4819 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4819 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 219.20 | 0.0096% | — | 26.30% | 47.26 | 0.0013% | — | 6.91% | +171.94 | #1240 | | FY 2019-20 | 287.03 | 0.0130% | +30.94% | 28.80% | 40.98 | 0.0012% | −13.29% | 7.12% | +246.05 | #1027 | | FY 2020-21 | 293.31 | 0.0136% | +2.19% | 26.99% | 41.46 | 0.0014% | +1.17% | 8.08% | +251.85 | #1047 | | FY 2021-22 | 405.51 | 0.0129% | +38.25% | 22.05% | 73.52 | 0.0016% | +77.33% | 9.72% | +331.99 | #1022 | | FY 2022-23 | 504.51 | 0.0139% | +24.41% | 23.32% | 37.21 | 0.0006% | −49.39% | 4.44% | +467.30 | #922 | | FY 2023-24 | 536.13 | 0.0148% | +6.27% | 22.66% | 56.19 | 0.0010% | +51.01% | 6.49% | +479.94 | #903 | | FY 2024-25 | 546.30 | 0.0148% | +1.90% | 19.41% | 44.32 | 0.0007% | −21.12% | 3.66% | +501.98 | #937 | - CAGR (7-year): exports 16.44%/yr, imports -1.06%/yr (consistently Surplus) ## Key trade insights: HSN Code 48192020 export-import analysis ### Consistent export growth: 16.44% CAGR over 7 years India's exports under HSN Code 48192020 have grown at a compound annual rate of 16.44% over 7 fiscal years, rising from ₹219.20 Crore in FY 2018-19 to ₹546.30 Crore in FY 2024-25. ### HSN Code 48192020 ranked #937 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 48192020 ranks #937 out of 12657 HSN codes by total export value. Within Sub-Chapter 4819, it ranks #2 of 10. By trade surplus, it ranks #634 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 48192020 exports The strongest single-year export movement for HSN Code 48192020 was recorded in FY 2021-22, when exports surged by 38.25% over the prior year. ### India maintains a trade surplus of ₹501.98 Crore in HSN Code 48192020 goods In FY 2024-25, India's exports of ₹546.30 Cr exceeded imports of ₹44.32 Cr, resulting in a trade surplus of ₹501.98 Crore — ranking #634 of 12657 by surplus magnitude. ### Import growth of -1.06% CAGR signals stable import dependency for Folding Cartons & Boxes India's imports under HSN Code 48192020 have grown at -1.06% CAGR, reaching ₹44.32 Crore in FY 2024-25. ### HSN Code 48192020 contributes 19.41% of Sub-Chapter 4819 exports — ranked #2 Among the 10 HSN codes under Sub-Chapter 4819, HSN Code 48192020 ranks #2 by export value — accounting for 19.41% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.66% share (rank #6). ## Related HSN Codes in Sub-Chapter 4819 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 48194000: Other Sacks And Bags, Including Cones](https://busy.in/hsn/hsn-48194000/) | ₹1,044 Cr | | #2 | HSN Code 48192020: Folding Cartons & Boxes (this hsn code) | ₹546 Cr | | #3 | [HSN Code 48192090: Folding cartons, boxes, and cases of non-corrugated paper](https://busy.in/hsn/hsn-48192090/) | ₹506 Cr | | #4 | [HSN Code 48191010: Corrugated boxes](https://busy.in/hsn/hsn-48191010/) | ₹383 Cr | | #5 | [HSN Code 48191090: Corrugated paper cartons](https://busy.in/hsn/hsn-48191090/) | ₹93 Cr | | #6 | [HSN Code 48195090: Other packing containers](https://busy.in/hsn/hsn-48195090/) | ₹92 Cr | | #7 | [HSN Code 48193000: Sacks and bags over 40 cm width](https://busy.in/hsn/hsn-48193000/) | ₹82 Cr | | #8 | [HSN Code 48192010: Cartons for Match Sticks](https://busy.in/hsn/hsn-48192010/) | ₹36 Cr | | #9 | [HSN Code 48195010: Corrugated Paper/Paperboard Packing Containers](https://busy.in/hsn/hsn-48195010/) | ₹17 Cr | | #10 | [HSN Code 48196000: Office Use Boxes (Paperboard)](https://busy.in/hsn/hsn-48196000/) | ₹15 Cr |