HSN Code 78041120: Foil (≤0.2mm)
HSN Code 78041120 represents Foil (≤0.2mm) under GST classification. This code helps businesses identify Foil (≤0.2mm) correctly for billing, taxation, and trade. With HSN Code 78041120, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Foil (≤0.2mm).
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Description of Goods for HSN Code 78041120
HSN Code 78041120 relates to the following description.
What does HSN Code 78041120 not include?
Foil (≤0.2mm) does not include products with the following descriptions.
Plates, sheets, strip and foil : Sheets, strip and foil of a thickness (excluding any backing) not exceeding 0.2 mm : Sheets and strip
Plates, sheets, strip and foil : Other : Plates
Plates, sheets, strip and foil : Other : Other
Powders and flakes
India’s Trade Performance — HSN Code 78041120 in FY 2024-25
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹8 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25−₹8 Cr
Surplus rank #8898 of 12657 HSN codes
% of Sub-Chapter 7804
FY 2024-250.18%
Share of Sub-Chapter 7804’s total exports in FY 2024-25
Import side: 30.29% of Sub-Chapter 7804’s imports
Rank Within Sub-Chapter 7804
FY 2024-25#5 of 5
Position by export value among HSN codes in Sub-Chapter 7804
Import-side rank: #2 of 5
At a glance
−24.23%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#9908
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+600.00%
Peak Growth Year
FY 2024-25 · strongest single-year move
0.18%
Contribution to Sub-Ch. 7804
Share of Sub-Chapter 7804 exports in FY 2024-25
India Export-Import Trade Statistics for 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.
Balance
−4.93
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
1.07% of Sub-Ch. 7804
Imports
5.30 ₹ Cr
0.0001% share
— YoY
34.33% of Sub-Ch. 7804
Balance
−2.79
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−89.19% YoY
0.08% of Sub-Ch. 7804
Imports
2.83 ₹ Cr
0.0001% share
−46.60% YoY
18.15% of Sub-Ch. 7804
Balance
−3.59
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−50.00% YoY
0.03% of Sub-Ch. 7804
Imports
3.61 ₹ Cr
0.0001% share
+27.56% YoY
21.15% of Sub-Ch. 7804
Balance
−6.76
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−50.00% YoY
0.02% of Sub-Ch. 7804
Imports
6.77 ₹ Cr
0.0001% share
+87.53% YoY
32.49% of Sub-Ch. 7804
Balance
−9.49
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+100.00% YoY
0.05% of Sub-Ch. 7804
Imports
9.51 ₹ Cr
0.0002% share
+40.47% YoY
66.78% of Sub-Ch. 7804
Balance
−6.13
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−50.00% YoY
0.03% of Sub-Ch. 7804
Imports
6.14 ₹ Cr
0.0001% share
−35.44% YoY
34.63% of Sub-Ch. 7804
Balance
−7.85
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+600.00% YoY
0.18% of Sub-Ch. 7804
Imports
7.92 ₹ Cr
0.0001% share
+28.99% YoY
30.29% of Sub-Ch. 7804
CAGR · 7-Year
Exports
−24.23% /yr
Imports
6.92% /yr
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).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 78041120 and GST compliance.
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.