--- title: "HSN Code for Foil (≤0.2mm) | HSN 78041120 GST Rate" description: "Find HSN and GST Rates for 78041120 related to Foil (≤0.2mm) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-78041120/" --- # HSN Code 78041120: Foil (≤0.2mm) - [Section 15: Guide to HSN Section 15](https://busy.in/hsn/section-15/) - [Chapter 78: Lead & Articles](https://busy.in/hsn/chapter-78/) - [Sub-chapter 7804: Lead sheets and powders](https://busy.in/hsn/sub-chapter-7804/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Plates, sheets, strip and foil : Sheets, strip and foil of a thickness (excluding any backing) not exceeding 0.2 mm : Foil | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 78041120 ? It includes Lead Sanitary Fixtures ### Can we claim ITC on inputs used to trade Foil (≤0.2mm)? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Any common misclassification issue with Foil (≤0.2mm)? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Foil (≤0.2mm)? 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 should mixed supplies be billed when Foil (≤0.2mm) is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Foil (≤0.2mm); Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Foil (≤0.2mm)? 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 78041120 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+600.00% YoY) — 0.0000% of India's total exports - Imports: ₹8 Cr (+28.99% YoY) — 0.0001% of India's total imports - Trade balance: −₹8 Cr (Deficit); surplus rank #8898 of 12657 HSN codes - Share of Sub-Chapter 7804: 0.18% of its exports; import side 30.29% - Rank within Sub-Chapter 7804: #5 of 5 by export value; import-side #2 ### Key metrics - Export CAGR: -24.23% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9908 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +600.00% in FY 2024-25 - Contribution to Sub-Ch. 7804: 0.18% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 78041120 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. 7804 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7804 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 1.07% | 5.30 | 0.0001% | — | 34.33% | −4.93 | #8406 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −89.19% | 0.08% | 2.83 | 0.0001% | −46.60% | 18.15% | −2.79 | #9534 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −50.00% | 0.03% | 3.61 | 0.0001% | +27.56% | 21.15% | −3.59 | #9824 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −50.00% | 0.02% | 6.77 | 0.0001% | +87.53% | 32.49% | −6.76 | #10198 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +100.00% | 0.05% | 9.51 | 0.0002% | +40.47% | 66.78% | −9.49 | #10152 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −50.00% | 0.03% | 6.14 | 0.0001% | −35.44% | 34.63% | −6.13 | #10473 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +600.00% | 0.18% | 7.92 | 0.0001% | +28.99% | 30.29% | −7.85 | #9908 | - CAGR (7-year): exports -24.23%/yr, imports 6.92%/yr (consistently Deficit) ## Key trade insights: HSN Code 78041120 export-import analysis ### Export decline: -24.23% CAGR over 7 years India's exports under HSN Code 78041120 have declined at a compound annual rate of -24.23% over 7 fiscal years, falling from ₹0.37 Crore in FY 2018-19 to ₹0.07 Crore in FY 2024-25. ### HSN Code 78041120 ranked #9908 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 78041120 ranks #9908 out of 12657 HSN codes by total export value. Within Sub-Chapter 7804, it ranks #5 of 5. By trade surplus, it ranks #8898 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 78041120 exports The strongest single-year export movement for HSN Code 78041120 was recorded in FY 2024-25, when exports surged by 600.00% over the prior year. ### India records a trade deficit of ₹7.85 Crore in HSN Code 78041120 goods In FY 2024-25, India's imports of ₹7.92 Cr exceeded exports of ₹0.07 Cr, resulting in a trade deficit of ₹7.85 Crore — ranking #8898 of 12657 by surplus magnitude. ### Import growth of 6.92% CAGR signals stable import dependency for Foil (≤0.2mm) India's imports under HSN Code 78041120 have grown at 6.92% CAGR, reaching ₹7.92 Crore in FY 2024-25. ### HSN Code 78041120 contributes 0.18% of Sub-Chapter 7804 exports — ranked #5 Among the 5 HSN codes under Sub-Chapter 7804, HSN Code 78041120 ranks #5 by export value — accounting for 0.18% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 30.29% share (rank #2). ## Related HSN Codes in Sub-Chapter 7804 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 78041910: Plates, sheets, strip and foil : Other : Plates](https://busy.in/hsn/hsn-78041910/) | ₹20 Cr | | #2 | [HSN Code 78042000: Powders And Flakes](https://busy.in/hsn/hsn-78042000/) | ₹10 Cr | | #3 | [HSN Code 78041990: Plates, sheets, strip and foil : Other : Other](https://busy.in/hsn/hsn-78041990/) | ₹7 Cr | | #4 | [HSN Code 78041110: Sheets/Strips (≤0.2mm)](https://busy.in/hsn/hsn-78041110/) | ₹3 Cr | | #5 | HSN Code 78041120: Foil (≤0.2mm) (this hsn code) | < ₹1 Crore |