---
title: "HSN Code for Other Paper/Board (Chemi-Mech. Pulp) | HSN 88040010 GST Rate"
description: "Find HSN and GST Rates for 88040010 related to Other Paper/Board (Chemi-Mech. Pulp) with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-88040010/"
---

# HSN Code 88040010: Other Paper/Board (Chemi-Mech. Pulp)

- [Section 17: Guide to HSN Section 17](https://busy.in/hsn/section-17/)
- [Chapter 88: Aircraft, Spacecraft, Its Parts](https://busy.in/hsn/chapter-88/)
- [Sub-chapter 8804: Parachutes & accessories](https://busy.in/hsn/sub-chapter-8804/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto : Parachutes (including dirigible parachutes and paragliders) and parts and accessories thereof | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 88040010 ?

It includes Designed for Passenger Carriage

### Does packaging or labelling change the GST for Other Paper/Board (Chemi-Mech. Pulp)?

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.

### Do e‑way bill and e‑invoice apply for Other Paper/Board (Chemi-Mech. Pulp)?

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.

### Any common misclassification issue with Other Paper/Board (Chemi-Mech. Pulp)?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

### How much GST applies to Other Paper/Board (Chemi-Mech. Pulp)?

Under HSN 88040010, Other Paper/Board (Chemi-Mech. Pulp) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Can we claim ITC on inputs used to trade Other Paper/Board (Chemi-Mech. Pulp)?

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

## India's trade performance: HSN Code 88040010 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹35 Cr (+267.83% YoY) — 0.0009% of India's total exports
- Imports: ₹9 Cr (+14.47% YoY) — 0.0001% of India's total imports
- Trade balance: ₹26 Cr (Surplus); surplus rank #2649 of 12657 HSN codes
- Share of Sub-Chapter 8804: 99.20% of its exports; import side 91.95%
- Rank within Sub-Chapter 8804: #1 of 2 by export value; import-side #1

### Key metrics

- Export CAGR: 48.51% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #4121 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +267.83% in FY 2024-25
- Contribution to Sub-Ch. 8804: 99.20% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 88040010

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. 8804 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8804 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 3.24 | 0.0001% | — | 95.86% | 6.31 | 0.0002% | — | 87.76% | −3.07 | #6384 |
| FY 2019-20 | 6.37 | 0.0003% | +96.60% | 99.84% | 5.66 | 0.0002% | −10.30% | 78.72% | +0.71 | #5560 |
| FY 2020-21 | 6.06 | 0.0003% | −4.87% | 98.70% | 4.49 | 0.0002% | −20.67% | 85.36% | +1.57 | #5695 |
| FY 2021-22 | 10.79 | 0.0003% | +78.05% | 98.81% | 19.99 | 0.0004% | +345.21% | 96.80% | −9.20 | #5378 |
| FY 2022-23 | 7.94 | 0.0002% | −26.41% | 99.37% | 10.06 | 0.0002% | −49.67% | 89.11% | −2.12 | #5924 |
| FY 2023-24 | 9.45 | 0.0003% | +19.02% | 98.13% | 7.88 | 0.0001% | −21.67% | 87.17% | +1.57 | #5807 |
| FY 2024-25 | 34.76 | 0.0009% | +267.83% | 99.20% | 9.02 | 0.0001% | +14.47% | 91.95% | +25.74 | #4121 |

- CAGR (7-year): exports 48.51%/yr, imports 6.14%/yr (consistently Surplus)

## Key trade insights: HSN Code 88040010 export-import analysis

### Consistent export growth: 48.51% CAGR over 7 years

India's exports under HSN Code 88040010 have grown at a compound annual rate of 48.51% over 7 fiscal years, rising from ₹3.24 Crore in FY 2018-19 to ₹34.76 Crore in FY 2024-25.

### HSN Code 88040010 ranked #4121 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 88040010 ranks #4121 out of 12657 HSN codes by total export value. Within Sub-Chapter 8804, it ranks #1 of 2. By trade surplus, it ranks #2649 of 12657.

### FY 2024-25 was the strongest growth year for HSN Code 88040010 exports

The strongest single-year export movement for HSN Code 88040010 was recorded in FY 2024-25, when exports surged by 267.83% over the prior year.

### India maintains a trade surplus of ₹25.74 Crore in HSN Code 88040010 goods

In FY 2024-25, India's exports of ₹34.76 Cr exceeded imports of ₹9.02 Cr, resulting in a trade surplus of ₹25.74 Crore — ranking #2649 of 12657 by surplus magnitude.

### Import growth of 6.14% CAGR signals stable import dependency for Other Paper/Board (Chemi-Mech. Pulp)

India's imports under HSN Code 88040010 have grown at 6.14% CAGR, reaching ₹9.02 Crore in FY 2024-25.

### HSN Code 88040010 contributes 99.20% of Sub-Chapter 8804 exports — ranked #1

Among the 2 HSN codes under Sub-Chapter 8804, HSN Code 88040010 ranks #1 by export value — accounting for 99.20% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 91.95% share (rank #1).

## Related HSN Codes in Sub-Chapter 8804

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | HSN Code 88040010: Other Paper/Board (Chemi-Mech. Pulp) (this hsn code) | ₹35 Cr |
| #2 | [HSN Code 88040020: Rotochute Parts/Acc.](https://busy.in/hsn/hsn-88040020/) | < ₹1 Crore |