HSN Code 59011020: Prepared Painting Canvas

HSN Code 59011020 represents Prepared Painting Canvas under GST classification. This code helps businesses identify Prepared Painting Canvas correctly for billing, taxation, and trade. With HSN Code 59011020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Prepared Painting Canvas.

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Description of Goods for HSN Code 59011020

HSN Code 59011020 relates to the following description.

Description of Goods

Textile fabrics coated with gum or amylaceous substances, of a kind used for the outer covers of books or the like : Prepared painting canvas

Chapter

59 - Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use

Sub Chapter

5901 - Textile fabrics coated with gum or amylaceous substances, of a kind used for the outer covers of books or the like; tracing cloth; prepared painting canvas; buckram and similar stiffened textile fabrics of a kind used for hat foundations

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 59011020 not include?

Prepared Painting Canvas does not include products with the following descriptions.

HSN Code 59011010

Textile fabrics coated with gum or amylaceous substances, of a kind used for the outer covers of books or the like : Of cotton

HSN Code 59011090

Textile fabrics coated with gum or amylaceous substances, of a kind used for the outer covers of books or the like : Other

India’s Trade Performance — HSN Code 59011020 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹43 Cr

−31.67% vs FY 2023-24

0.0012% of India’s total exports

India’s Imports

FY 2024-25

₹6 Cr

+187.94% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

₹37 Cr

Trade Surplus

Surplus rank #2380 of 12657 HSN codes

% of Sub-Chapter 5901

FY 2024-25

49.75%

Share of Sub-Chapter 5901’s total exports in FY 2024-25

Import side: 12.01% of Sub-Chapter 5901’s imports

Rank Within Sub-Chapter 5901

FY 2024-25

#1 of 6

Position by export value among HSN codes in Sub-Chapter 5901

Import-side rank: #3 of 6

At a glance

4.78%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#3851

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+38.59%

Peak Growth Year

FY 2023-24 · strongest single-year move

49.75%

Contribution to Sub-Ch. 5901

Share of Sub-Chapter 5901 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #3480

Balance

+31.56

Exports

32.11 ₹ Cr

0.0014% share

— YoY

57.59% of Sub-Ch. 5901

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

1.58% of Sub-Ch. 5901

FY 2019-20 Exp. Rank #3074

Balance

+42.99

Exports

44.03 ₹ Cr

0.0020% share

+37.12% YoY

66.78% of Sub-Ch. 5901

Imports

1.04 ₹ Cr

0.0000% share

+89.09% YoY

2.83% of Sub-Ch. 5901

FY 2020-21 Exp. Rank #2712

Balance

+57.63

Exports

58.15 ₹ Cr

0.0027% share

+32.07% YoY

72.99% of Sub-Ch. 5901

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−50.00% YoY

1.79% of Sub-Ch. 5901

FY 2021-22 Exp. Rank #3061

Balance

+61.57

Exports

62.38 ₹ Cr

0.0020% share

+7.27% YoY

69.52% of Sub-Ch. 5901

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+55.77% YoY

2.51% of Sub-Ch. 5901

FY 2022-23 Exp. Rank #3627

Balance

+43.89

Exports

44.88 ₹ Cr

0.0012% share

−28.05% YoY

60.92% of Sub-Ch. 5901

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+22.22% YoY

2.32% of Sub-Ch. 5901

FY 2023-24 Exp. Rank #3234

Balance

+60.21

Exports

62.20 ₹ Cr

0.0017% share

+38.59% YoY

68.93% of Sub-Ch. 5901

Imports

1.99 ₹ Cr

0.0000% share

+101.01% YoY

3.93% of Sub-Ch. 5901

FY 2024-25 Exp. Rank #3851

Balance

+36.77

Exports

42.50 ₹ Cr

0.0012% share

−31.67% YoY

49.75% of Sub-Ch. 5901

Imports

5.73 ₹ Cr

0.0001% share

+187.94% YoY

12.01% of Sub-Ch. 5901

CAGR · 7-Year

Exports

4.78% /yr

Imports

47.79% /yr

Consistently Surplus
Sub-Chapter 5901 total

reference, FY 2024-25

Export

₹85.42 Cr

Import

₹47.71 Cr

Trade Balance

+37.71

Peak export growth year Latest available data Not available YoY = change vs previous FY

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 59011020 and GST compliance.

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.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.