--- title: "HSN Code for Prepared Painting Canvas | HSN 59011020 GST Rate" description: "Find HSN and GST Rates for 59011020 related to Prepared Painting Canvas with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-59011020/" --- # HSN Code 59011020: Prepared Painting Canvas - [Section 11: Guide to HSN Section 11](https://busy.in/hsn/section-11/) - [Chapter 59: Impregnated, Coated, Covered or Laminated Textile Fabrics for Industrial Use](https://busy.in/hsn/chapter-59/) - [Sub-chapter 5901: Coated book fabrics](https://busy.in/hsn/sub-chapter-5901/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Textile fabrics coated with gum or amylaceous substances, of a kind used for the outer covers of books or the like : Prepared painting canvas | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 59011020 ? It includes Varnished cambric fabrics (Empire) ### Can we claim ITC on inputs used to trade Prepared Painting Canvas? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Prepared Painting Canvas? 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. ### How much GST applies to Prepared Painting Canvas? Under HSN 59011020, Prepared Painting Canvas attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Prepared Painting Canvas? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Does packaging or labelling change the GST for Prepared Painting Canvas? 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. ## India's trade performance: HSN Code 59011020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹43 Cr (−31.67% YoY) — 0.0012% of India's total exports - Imports: ₹6 Cr (+187.94% YoY) — 0.0001% of India's total imports - Trade balance: ₹37 Cr (Surplus); surplus rank #2380 of 12657 HSN codes - Share of Sub-Chapter 5901: 49.75% of its exports; import side 12.01% - Rank within Sub-Chapter 5901: #1 of 6 by export value; import-side #3 ### Key metrics - Export CAGR: 4.78% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3851 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +38.59% in FY 2023-24 - Contribution to Sub-Ch. 5901: 49.75% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 59011020 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. 5901 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5901 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 32.11 | 0.0014% | — | 57.59% | < ₹1 Crore | 0.0000% | — | 1.58% | +31.56 | #3480 | | FY 2019-20 | 44.03 | 0.0020% | +37.12% | 66.78% | 1.04 | 0.0000% | +89.09% | 2.83% | +42.99 | #3074 | | FY 2020-21 | 58.15 | 0.0027% | +32.07% | 72.99% | < ₹1 Crore | 0.0000% | −50.00% | 1.79% | +57.63 | #2712 | | FY 2021-22 | 62.38 | 0.0020% | +7.27% | 69.52% | < ₹1 Crore | 0.0000% | +55.77% | 2.51% | +61.57 | #3061 | | FY 2022-23 | 44.88 | 0.0012% | −28.05% | 60.92% | < ₹1 Crore | 0.0000% | +22.22% | 2.32% | +43.89 | #3627 | | FY 2023-24 | 62.20 | 0.0017% | +38.59% | 68.93% | 1.99 | 0.0000% | +101.01% | 3.93% | +60.21 | #3234 | | FY 2024-25 | 42.50 | 0.0012% | −31.67% | 49.75% | 5.73 | 0.0001% | +187.94% | 12.01% | +36.77 | #3851 | - CAGR (7-year): exports 4.78%/yr, imports 47.79%/yr (consistently Surplus) ## Key trade insights: HSN Code 59011020 export-import analysis ### Consistent export growth: 4.78% CAGR over 7 years India's exports under HSN Code 59011020 have grown at a compound annual rate of 4.78% over 7 fiscal years, rising from ₹32.11 Crore in FY 2018-19 to ₹42.50 Crore in FY 2024-25. ### HSN Code 59011020 ranked #3851 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 59011020 ranks #3851 out of 12657 HSN codes by total export value. Within Sub-Chapter 5901, it ranks #1 of 6. By trade surplus, it ranks #2380 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 59011020 exports The strongest single-year export movement for HSN Code 59011020 was recorded in FY 2023-24, when exports surged by 38.59% over the prior year. ### India maintains a trade surplus of ₹36.77 Crore in HSN Code 59011020 goods In FY 2024-25, India's exports of ₹42.50 Cr exceeded imports of ₹5.73 Cr, resulting in a trade surplus of ₹36.77 Crore — ranking #2380 of 12657 by surplus magnitude. ### Import growth of 47.79% CAGR signals rising demand for Prepared Painting Canvas India's imports under HSN Code 59011020 have grown at 47.79% CAGR, reaching ₹5.73 Crore in FY 2024-25. ### HSN Code 59011020 contributes 49.75% of Sub-Chapter 5901 exports — ranked #1 Among the 6 HSN codes under Sub-Chapter 5901, HSN Code 59011020 ranks #1 by export value — accounting for 49.75% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 12.01% share (rank #3). ## Related HSN Codes in Sub-Chapter 5901 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 59011020: Prepared Painting Canvas (this hsn code) | ₹43 Cr | | #2 | [HSN Code 59019090: Other : Other](https://busy.in/hsn/hsn-59019090/) | ₹27 Cr | | #3 | [HSN Code 59011010: Cotton Bookbinding Fabric](https://busy.in/hsn/hsn-59011010/) | ₹12 Cr | | #4 | [HSN Code 59011090: Other Book Cover Textile Fabrics](https://busy.in/hsn/hsn-59011090/) | ₹4 Cr | | #5 | [HSN Code 59019020: Varnished cambric fabrics (Empire)](https://busy.in/hsn/hsn-59019020/) | < ₹1 Crore | | #6 | [HSN Code 59019010: Other \| Tracing Cloth Of Cotton](https://busy.in/hsn/hsn-59019010/) | < ₹1 Crore |