Export Decline: −32.94% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 4102 have declined at a compound annual rate of −32.94% over 7 fiscal years, falling from ₹0.11 Crore in FY 2018-19 to ₹0.01 Crore in FY 2024-25.
HSN Sub Chapter 4102 represents Raw skins of sheep/lambs, preserved under GST classification. This code helps businesses identify Raw skins of sheep/lambs, preserved correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4102, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Raw skins of sheep/lambs, preserved.
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GST Rate for Raw skins of sheep/lambs, preserved under HSN Code 4102. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Chapter No
41HSN Code
HSN Description
Raw skins of sheep or lambs (fresh, or salted, dried, limed, pickled or otherwise preserved, but not tanned, parchment dressed or further prepared), whether or not with wool on or split, other than those excluded by note 1 ( c ) to this chapter
New GST Rate
Old GST Rate
Following tariff HSN codes fall under Raw skins of sheep/lambs, preserved.
Tariff HSN
Description
With wool on : Sheep skins
Tariff HSN
Description
With wool on : Pelts of baby lambs
Tariff HSN
Description
With wool on : Lamb skins, other than pelts
Tariff HSN
Description
Without wool on : Pickled : Sheep skins
Tariff HSN
Description
Without wool on : Pickled : Lamb skins
Tariff HSN
Description
Without wool on : Pickled : Lamb pelt
Tariff HSN
Description
Without wool on : Other : Sheep skins
Tariff HSN
Description
Without wool on : Other : Lamb skins
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹49 Cr
0.0008% of India’s total imports
Trade Balance
FY 2024-25−₹49 Cr
Surplus rank #670 of 1233 subchapters
% of Chapter 41
FY 2024-250.00%
Share of Chapter 41’s total exports in FY 2024-25
Import side: 1.36% of Chapter 41’s imports
Rank Within Chapter 41
FY 2024-25#11 of 11
Position by export value among subchapters in Chapter 41
Import-side rank: #7 of 11
At a glance
−32.94%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1197
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+200.00%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.00%
Contribution to Ch. 41
Share of Chapter 41 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−79.67
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Ch. 41
Imports
79.78 ₹ Cr
0.0022% share
— YoY
1.96% of Ch. 41
Balance
−83.78
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−90.91% YoY
0.00% of Ch. 41
Imports
83.79 ₹ Cr
0.0025% share
+5.03% YoY
2.15% of Ch. 41
Balance
−51.48
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Ch. 41
Imports
51.48 ₹ Cr
0.0018% share
−38.56% YoY
2.16% of Ch. 41
Balance
−68.12
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Ch. 41
Imports
68.13 ₹ Cr
0.0015% share
+32.34% YoY
2.15% of Ch. 41
Balance
−68.36
Exports
< ₹1 Crore ₹ Cr
0.0000% share
0.00% YoY
0.00% of Ch. 41
Imports
68.37 ₹ Cr
0.0012% share
+0.35% YoY
1.77% of Ch. 41
Balance
−37.21
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+200.00% YoY
0.00% of Ch. 41
Imports
37.24 ₹ Cr
0.0007% share
−45.53% YoY
1.12% of Ch. 41
Balance
−49.11
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−66.67% YoY
0.00% of Ch. 41
Imports
49.12 ₹ Cr
0.0008% share
+31.90% YoY
1.36% of Ch. 41
CAGR · 7-Year
Exports
−32.94% /yr
Imports
−7.77% /yr
reference, FY 2024-25
Export
₹3,775.67 Cr
Import
₹3,602.78 Cr
Trade Balance
+172.89
India's exports under HSN Sub-Chapter 4102 have declined at a compound annual rate of −32.94% over 7 fiscal years, falling from ₹0.11 Crore in FY 2018-19 to ₹0.01 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 4102 ranks #1197 out of 1233 subchapters by total export value. Within Chapter 41, it ranks #11 of 11. By trade surplus, it ranks #670 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 4102 was recorded in FY 2023-24, when exports surged by 200.00% over the prior year.
In FY 2024-25, India's imports of ₹49.12 Cr exceeded exports of ₹0.01 Cr, resulting in a trade deficit of ₹49.11 Crore — ranking #670 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 4102 have grown at −7.77% CAGR, reaching ₹49.12 Crore in FY 2024-25.
Among the 11 subchapters under Chapter 41, HSN Sub-Chapter 4102 ranks #11 by export value — accounting for 0.00% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.36% share (rank #7).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 4102 and GST compliance.
It includes Raw skins of sheep/lambs, preserved
Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.
Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.
If your outward supply of Raw skins of sheep/lambs, preserved is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.
If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.
Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Raw skins of sheep/lambs, preserved are forward charge. Check the current notifications for any special cases before deciding.