---
title: "HSN Code for Binders, folders and covers | HSN 48203000 GST Rate"
description: "Find HSN and GST Rates for 48203000 related to Binders, folders and covers with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-48203000/"
---

# HSN Code 48203000: Binders, folders and covers

- [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 4820: Stationery items](https://busy.in/hsn/sub-chapter-4820/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Binders (other than book covers), folders and file covers | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 48203000 ?

It includes Albums for samples or for collections

### Does packaging or labelling change the GST for Binders, folders and covers?

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 Binders, folders and covers?

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 Binders, folders and covers?

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

### How should mixed supplies be billed when Binders, folders and covers is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Binders, folders and covers; Nil for exempt items if applicable).

### Can we claim ITC on inputs used to trade Binders, folders and covers?

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 48203000 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹62 Cr (+23.98% YoY) — 0.0017% of India's total exports
- Imports: ₹6 Cr (+125.48% YoY) — 0.0001% of India's total imports
- Trade balance: ₹56 Cr (Surplus); surplus rank #2067 of 12657 HSN codes
- Share of Sub-Chapter 4820: 3.11% of its exports; import side 5.97%
- Rank within Sub-Chapter 4820: #4 of 9 by export value; import-side #3

### Key metrics

- Export CAGR: 2.74% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #3338 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +100.25% in FY 2022-23
- Contribution to Sub-Ch. 4820: 3.11% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 48203000

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. 4820 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4820 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 52.57 | 0.0023% | — | 4.11% | 5.10 | 0.0001% | — | 11.11% | +47.47 | #2779 |
| FY 2019-20 | 51.39 | 0.0023% | −2.24% | 3.72% | 3.48 | 0.0001% | −31.76% | 6.35% | +47.91 | #2837 |
| FY 2020-21 | 47.70 | 0.0022% | −7.18% | 4.15% | 1.71 | 0.0001% | −50.86% | 7.14% | +45.99 | #3007 |
| FY 2021-22 | 59.23 | 0.0019% | +24.17% | 4.00% | 2.26 | 0.0000% | +32.16% | 5.99% | +56.97 | #3133 |
| FY 2022-23 | 118.61 | 0.0033% | +100.25% | 5.67% | 3.50 | 0.0001% | +54.87% | 5.55% | +115.11 | #2312 |
| FY 2023-24 | 49.88 | 0.0014% | −57.95% | 2.32% | 2.63 | 0.0000% | −24.86% | 3.44% | +47.25 | #3533 |
| FY 2024-25 | 61.84 | 0.0017% | +23.98% | 3.11% | 5.93 | 0.0001% | +125.48% | 5.97% | +55.91 | #3338 |

- CAGR (7-year): exports 2.74%/yr, imports 2.54%/yr (consistently Surplus)

## Key trade insights: HSN Code 48203000 export-import analysis

### Consistent export growth: 2.74% CAGR over 7 years

India's exports under HSN Code 48203000 have grown at a compound annual rate of 2.74% over 7 fiscal years, rising from ₹52.57 Crore in FY 2018-19 to ₹61.84 Crore in FY 2024-25.

### HSN Code 48203000 ranked #3338 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 48203000 ranks #3338 out of 12657 HSN codes by total export value. Within Sub-Chapter 4820, it ranks #4 of 9. By trade surplus, it ranks #2067 of 12657.

### FY 2022-23 was the strongest growth year for HSN Code 48203000 exports

The strongest single-year export movement for HSN Code 48203000 was recorded in FY 2022-23, when exports surged by 100.25% over the prior year.

### India maintains a trade surplus of ₹55.91 Crore in HSN Code 48203000 goods

In FY 2024-25, India's exports of ₹61.84 Cr exceeded imports of ₹5.93 Cr, resulting in a trade surplus of ₹55.91 Crore — ranking #2067 of 12657 by surplus magnitude.

### Import growth of 2.54% CAGR signals stable import dependency for Binders, folders and covers

India's imports under HSN Code 48203000 have grown at 2.54% CAGR, reaching ₹5.93 Crore in FY 2024-25.

### HSN Code 48203000 contributes 3.11% of Sub-Chapter 4820 exports — ranked #4

Among the 9 HSN codes under Sub-Chapter 4820, HSN Code 48203000 ranks #4 by export value — accounting for 3.11% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.97% share (rank #3).

## Related HSN Codes in Sub-Chapter 4820

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 48201090: Other Registers, Account Books, Diaries, and Articles](https://busy.in/hsn/hsn-48201090/) | ₹999 Cr |
| #2 | [HSN Code 48202000: Exercise books](https://busy.in/hsn/hsn-48202000/) | ₹678 Cr |
| #3 | [HSN Code 48201020: Letter Pads](https://busy.in/hsn/hsn-48201020/) | ₹171 Cr |
| #4 | HSN Code 48203000: Binders, folders and covers (this hsn code) | ₹62 Cr |
| #5 | [HSN Code 48209090: Other stationery articles of paper or paperboard](https://busy.in/hsn/hsn-48209090/) | ₹45 Cr |
| #6 | [HSN Code 48201010: Registers/Account Books](https://busy.in/hsn/hsn-48201010/) | ₹32 Cr |
| #7 | [HSN Code 48205000: Albums for samples or for collections](https://busy.in/hsn/hsn-48205000/) | ₹1 Cr |
| #8 | [HSN Code 48204000: Manifold business forms](https://busy.in/hsn/hsn-48204000/) | < ₹1 Crore |
| #9 | [HSN Code 48209010: Other \|Blotting Papers Cut To Size](https://busy.in/hsn/hsn-48209010/) | < ₹1 Crore |