HSN Code 59032010: Polyurethane imitation leather fabrics

HSN Code 59032010 represents Polyurethane imitation leather fabrics under GST classification. This code helps businesses identify Polyurethane imitation leather fabrics correctly for billing, taxation, and trade. With HSN Code 59032010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Polyurethane imitation leather fabrics.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 59032010

HSN Code 59032010 relates to the following description.

Description of Goods

With polyurethane : Imitation leather fabrics, of cotton

Chapter

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

Sub Chapter

5903 - Textile fabrics, impregnated, coated, covered or laminated with plastics, other than those of heading 5902

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 59032010 not include?

Polyurethane imitation leather fabrics does not include products with the following descriptions.

India’s Trade Performance — HSN Code 59032010 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

< ₹1 Crore

−35.92% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹59 Cr

−7.93% vs FY 2023-24

0.0010% of India’s total imports

Trade Balance

FY 2024-25

−₹58 Cr

Trade Deficit

Surplus rank #10356 of 12657 HSN codes

% of Sub-Chapter 5903

FY 2024-25

0.03%

Share of Sub-Chapter 5903’s total exports in FY 2024-25

Import side: 1.71% of Sub-Chapter 5903’s imports

Rank Within Sub-Chapter 5903

FY 2024-25

#7 of 7

Position by export value among HSN codes in Sub-Chapter 5903

Import-side rank: #5 of 7

At a glance

−3.26%

Export CAGR

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

#8335

National Export Rank

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

+206.00%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.03%

Contribution to Sub-Ch. 5903

Share of Sub-Chapter 5903 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 59032010

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 #7526

Balance

−6.14

Exports

1.11 ₹ Cr

0.0000% share

YoY

0.12% of Sub-Ch. 5903

Imports

7.25 ₹ Cr

0.0002% share

YoY

0.25% of Sub-Ch. 5903

FY 2019-20 Exp. Rank #7213

Balance

−10.49

Exports

1.52 ₹ Cr

0.0001% share

+36.94% YoY

0.13% of Sub-Ch. 5903

Imports

12.01 ₹ Cr

0.0004% share

+65.66% YoY

0.44% of Sub-Ch. 5903

FY 2020-21 Exp. Rank #7463

Balance

−33.36

Exports

1.25 ₹ Cr

0.0001% share

−17.76% YoY

0.07% of Sub-Ch. 5903

Imports

34.61 ₹ Cr

0.0012% share

+188.18% YoY

2.05% of Sub-Ch. 5903

FY 2021-22 Exp. Rank #8573

Balance

−69.09

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−60.00% YoY

0.03% of Sub-Ch. 5903

Imports

69.59 ₹ Cr

0.0015% share

+101.07% YoY

2.84% of Sub-Ch. 5903

FY 2022-23 Exp. Rank #7716

Balance

−106.80

Exports

1.53 ₹ Cr

0.0000% share

+206.00% YoY

0.09% of Sub-Ch. 5903

Imports

108.33 ₹ Cr

0.0019% share

+55.67% YoY

3.33% of Sub-Ch. 5903

FY 2023-24 Exp. Rank #7910

Balance

−62.66

Exports

1.42 ₹ Cr

0.0000% share

−7.19% YoY

0.06% of Sub-Ch. 5903

Imports

64.08 ₹ Cr

0.0011% share

−40.85% YoY

2.14% of Sub-Ch. 5903

FY 2024-25 Exp. Rank #8335

Balance

−58.09

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−35.92% YoY

0.03% of Sub-Ch. 5903

Imports

59.00 ₹ Cr

0.0010% share

−7.93% YoY

1.71% of Sub-Ch. 5903

CAGR · 7-Year

Exports

−3.26% /yr

Imports

41.82% /yr

Consistently Deficit
Sub-Chapter 5903 total

reference, FY 2024-25

Export

₹2,625.20 Cr

Import

₹3,448.55 Cr

Trade Balance

−823.35

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

Key Trade Insights: HSN Code 59032010 Export-Import Analysis

Export Decline: −3.26% CAGR Over 7 Years

India's exports under HSN Code 59032010 have declined at a compound annual rate of −3.26% over 7 fiscal years, falling from ₹1.11 Crore in FY 2018-19 to ₹0.91 Crore in FY 2024-25.

HSN Code 59032010 Ranked #8335 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 59032010 ranks #8335 out of 12657 HSN codes by total export value. Within Sub-Chapter 5903, it ranks #7 of 7. By trade surplus, it ranks #10356 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 59032010 Exports

The strongest single-year export movement for HSN Code 59032010 was recorded in FY 2022-23, when exports surged by 206.00% over the prior year.

India Records a Trade Deficit of ₹58.09 Crore in HSN Code 59032010 Goods

In FY 2024-25, India's imports of ₹59.00 Cr exceeded exports of ₹0.91 Cr, resulting in a trade deficit of ₹58.09 Crore — ranking #10356 of 12657 by surplus magnitude.

Import Growth of 41.82% CAGR Signals Rising Demand for Polyurethane imitation leather fabrics

India's imports under HSN Code 59032010 have grown at 41.82% CAGR, reaching ₹59.00 Crore in FY 2024-25.

HSN Code 59032010 Contributes 0.03% of Sub-Chapter 5903 Exports — Ranked #7

Among the 7 HSN codes under Sub-Chapter 5903, HSN Code 59032010 ranks #7 by export value — accounting for 0.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.71% share (rank #5).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 59032010 and GST compliance.

What products are classified under HSN 59032010 ?

It includes Polyethylene laminated jute fabrics

Does packaging or labelling change the GST for Polyurethane imitation leather fabrics?

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.

How should mixed supplies be billed when Polyurethane imitation leather fabrics is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Polyurethane imitation leather fabrics; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Polyurethane imitation leather fabrics?

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 Polyurethane imitation leather fabrics?

Under HSN 59032010, Polyurethane imitation leather fabrics attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Polyurethane imitation leather fabrics?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

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.