Export Decline: −12.61% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 4114 have declined at a compound annual rate of −12.61% over 7 fiscal years, falling from ₹27.51 Crore in FY 2018-19 to ₹12.25 Crore in FY 2024-25.
HSN Sub Chapter 4114 represents Chamois & patent leather under GST classification. This code helps businesses identify Chamois & patent leather correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4114, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Chamois & patent leather.
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GST Rate for Chamois & patent leather under HSN Code 4114. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Chamois & patent leather.
Tariff HSN
Description
Chamois (including combination chamois) leather
Tariff HSN
Description
Patent leather and patent laminated leather; metallised leather : Patent leather and patent laminated leather
Tariff HSN
Description
Patent leather and patent laminated leather; metallised leather : Metallised leather
India’s Exports
FY 2024-25₹12 Cr
0.0003% of India’s total exports
India’s Imports
FY 2024-25₹5 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25₹7 Cr
Surplus rank #481 of 1233 subchapters
% of Chapter 41
FY 2024-250.32%
Share of Chapter 41’s total exports in FY 2024-25
Import side: 0.14% of Chapter 41’s imports
Rank Within Chapter 41
FY 2024-25#5 of 11
Position by export value among subchapters in Chapter 41
Import-side rank: #11 of 11
At a glance
−12.61%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1036
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+43.62%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.32%
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
+2.74
Exports
27.51 ₹ Cr
0.0012% share
— YoY
0.54% of Ch. 41
Imports
24.77 ₹ Cr
0.0007% share
— YoY
0.61% of Ch. 41
Balance
+12.33
Exports
21.09 ₹ Cr
0.0010% share
−23.34% YoY
0.57% of Ch. 41
Imports
8.76 ₹ Cr
0.0003% share
−64.63% YoY
0.23% of Ch. 41
Balance
+5.74
Exports
9.17 ₹ Cr
0.0004% share
−56.52% YoY
0.33% of Ch. 41
Imports
3.43 ₹ Cr
0.0001% share
−60.84% YoY
0.14% of Ch. 41
Balance
+4.95
Exports
13.17 ₹ Cr
0.0004% share
+43.62% YoY
0.39% of Ch. 41
Imports
8.22 ₹ Cr
0.0002% share
+139.65% YoY
0.26% of Ch. 41
Balance
+2.86
Exports
13.62 ₹ Cr
0.0004% share
+3.42% YoY
0.39% of Ch. 41
Imports
10.76 ₹ Cr
0.0002% share
+30.90% YoY
0.28% of Ch. 41
Balance
+8.44
Exports
16.56 ₹ Cr
0.0005% share
+21.59% YoY
0.45% of Ch. 41
Imports
8.12 ₹ Cr
0.0001% share
−24.54% YoY
0.24% of Ch. 41
Balance
+7.16
Exports
12.25 ₹ Cr
0.0003% share
−26.03% YoY
0.32% of Ch. 41
Imports
5.09 ₹ Cr
0.0001% share
−37.32% YoY
0.14% of Ch. 41
CAGR · 7-Year
Exports
−12.61% /yr
Imports
−23.18% /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 4114 have declined at a compound annual rate of −12.61% over 7 fiscal years, falling from ₹27.51 Crore in FY 2018-19 to ₹12.25 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 4114 ranks #1036 out of 1233 subchapters by total export value. Within Chapter 41, it ranks #5 of 11. By trade surplus, it ranks #481 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 4114 was recorded in FY 2021-22, when exports surged by 43.62% over the prior year.
In FY 2024-25, India's exports of ₹12.25 Cr exceeded imports of ₹5.09 Cr, resulting in a trade surplus of ₹7.16 Crore — ranking #481 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 4114 have grown at −23.18% CAGR, reaching ₹5.09 Crore in FY 2024-25.
Among the 11 subchapters under Chapter 41, HSN Sub-Chapter 4114 ranks #5 by export value — accounting for 0.32% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.14% share (rank #11).
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 4114 and GST compliance.
It includes Chamois & patent leather
Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.
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.
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.
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.
If your outward supply of Chamois & patent leather 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.