---
title: "HSN Code for Labels, Tags and Similar Paper Products | HSN 48239090 GST Rate"
description: "Find HSN and GST Rates for 48239090 related to Labels, Tags and Similar Paper Products with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-48239090/"
---

# HSN Code 48239090: Labels, Tags and Similar Paper Products

- [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 4823: Paperboard cut or shaped articles](https://busy.in/hsn/sub-chapter-4823/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Other | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 48239090 ?

It includes Handprinted or Blockprinted Textiles on Paper

### How should mixed supplies be billed when Labels, Tags and Similar Paper Products is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Labels, Tags and Similar Paper Products; Nil for exempt items if applicable).

### Do e‑way bill and e‑invoice apply for Labels, Tags and Similar Paper Products?

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 Labels, Tags and Similar Paper Products?

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 Labels, Tags and Similar Paper Products?

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 Labels, Tags and Similar Paper Products?

Under HSN 48239090, Labels, Tags and Similar Paper Products attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 48239090 (FY 2024-25)

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

- Exports: ₹746 Cr (+21.01% YoY) — 0.0203% of India's total exports
- Imports: ₹387 Cr (+18.32% YoY) — 0.0064% of India's total imports
- Trade balance: ₹358 Cr (Surplus); surplus rank #812 of 12657 HSN codes
- Share of Sub-Chapter 4823: 14.32% of its exports; import side 28.20%
- Rank within Sub-Chapter 4823: #3 of 25 by export value; import-side #2

### Key metrics

- Export CAGR: 17.70% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #688 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +25.46% in FY 2021-22
- Contribution to Sub-Ch. 4823: 14.32% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 48239090

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. 4823 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4823 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 280.53 | 0.0123% | — | 12.39% | 179.92 | 0.0050% | — | 31.58% | +100.61 | #1032 |
| FY 2019-20 | 314.67 | 0.0143% | +12.17% | 12.87% | 175.81 | 0.0053% | −2.28% | 31.96% | +138.86 | #948 |
| FY 2020-21 | 393.78 | 0.0183% | +25.14% | 14.77% | 168.42 | 0.0058% | −4.20% | 30.02% | +225.36 | #826 |
| FY 2021-22 | 494.02 | 0.0157% | +25.46% | 13.31% | 210.26 | 0.0046% | +24.84% | 28.10% | +283.76 | #876 |
| FY 2022-23 | 541.44 | 0.0150% | +9.60% | 12.24% | 497.92 | 0.0087% | +136.81% | 42.31% | +43.52 | #871 |
| FY 2023-24 | 616.43 | 0.0170% | +13.85% | 13.25% | 327.48 | 0.0058% | −34.23% | 28.76% | +288.95 | #792 |
| FY 2024-25 | 745.95 | 0.0203% | +21.01% | 14.32% | 387.48 | 0.0064% | +18.32% | 28.20% | +358.47 | #688 |

- CAGR (7-year): exports 17.70%/yr, imports 13.64%/yr (consistently Surplus)

## Key trade insights: HSN Code 48239090 export-import analysis

### Consistent export growth: 17.70% CAGR over 7 years

India's exports under HSN Code 48239090 have grown at a compound annual rate of 17.70% over 7 fiscal years, rising from ₹280.53 Crore in FY 2018-19 to ₹745.95 Crore in FY 2024-25.

### HSN Code 48239090 ranked #688 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 48239090 ranks #688 out of 12657 HSN codes by total export value. Within Sub-Chapter 4823, it ranks #3 of 25. By trade surplus, it ranks #812 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 48239090 exports

The strongest single-year export movement for HSN Code 48239090 was recorded in FY 2021-22, when exports surged by 25.46% over the prior year.

### India maintains a trade surplus of ₹358.47 Crore in HSN Code 48239090 goods

In FY 2024-25, India's exports of ₹745.95 Cr exceeded imports of ₹387.48 Cr, resulting in a trade surplus of ₹358.47 Crore — ranking #812 of 12657 by surplus magnitude.

### Import growth of 13.64% CAGR signals rising demand for Labels, Tags and Similar Paper Products

India's imports under HSN Code 48239090 have grown at 13.64% CAGR, reaching ₹387.48 Crore in FY 2024-25.

### HSN Code 48239090 contributes 14.32% of Sub-Chapter 4823 exports — ranked #3

Among the 25 HSN codes under Sub-Chapter 4823, HSN Code 48239090 ranks #3 by export value — accounting for 14.32% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 28.20% share (rank #2).

## Related HSN Codes in Sub-Chapter 4823

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 48239019: Decorative Laminates](https://busy.in/hsn/hsn-48239019/) | ₹2,682 Cr |
| #2 | [HSN Code 48239018: Braille Paper and Other Products](https://busy.in/hsn/hsn-48239018/) | ₹748 Cr |
| #3 | HSN Code 48239090: Labels, Tags and Similar Paper Products (this hsn code) | ₹746 Cr |
| #4 | [HSN Code 48236900: Paper/Paperboard Tableware & Cups: Other](https://busy.in/hsn/hsn-48236900/) | ₹501 Cr |
| #5 | [HSN Code 48239013: Packing And Wrapping Paper](https://busy.in/hsn/hsn-48239013/) | ₹170 Cr |
| #6 | [HSN Code 48237010: Paper pulp moulded trays](https://busy.in/hsn/hsn-48237010/) | ₹128 Cr |
| #7 | [HSN Code 48237090: Moulded or pressed article of paper pulp :Other](https://busy.in/hsn/hsn-48237090/) | ₹86 Cr |
| #8 | [HSN Code 48232000: Filter Paper & Board](https://busy.in/hsn/hsn-48232000/) | ₹40 Cr |
| #9 | [HSN Code 48239014: Paper for cigarette filter tips](https://busy.in/hsn/hsn-48239014/) | ₹37 Cr |
| #10 | [HSN Code 48237030: Paper Mache Articles](https://busy.in/hsn/hsn-48237030/) | ₹23 Cr |