--- title: "4115 HSN Code | HSN Code for Composition leather slabs & waste in India" description: "Know more about 4115 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 4115 covering Composition leather slabs & waste." canonical: "https://busy.in/hsn/sub-chapter-4115/" --- # HSN Sub-chapter 4115: Composition leather slabs & waste Composition leather with a basis of leather or leather fiber, in slabs, sheets or strip, whether or not in rolls; parings and other waste of leather or of composition leather, not suitable for the manufacture of leather articles; leather dust, powder and flour Part of [Chapter 41: Raw Hides and Skins (Other Than Furskins) and Leather](https://busy.in/hsn/chapter-41/). - Current GST rate: 5% - Earlier GST rate: 12% ## HSN codes | Code | Title | | --- | --- | | 41151000 | [Saddlery and Harness](https://busy.in/hsn/hsn-41151000/) | | 41152010 | [Parachutes & Parts/Accessories](https://busy.in/hsn/hsn-41152010/) | | 41152090 | [Other Leather Waste](https://busy.in/hsn/hsn-41152090/) | ## Frequently asked questions ### What products are classified under HSN 4115 It includes Composition leather slabs & waste ### What should my invoice and records include for Composition leather slabs & waste? 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. ### Does packaging or branding change how GST applies to Composition leather slabs & waste? Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Composition leather slabs & waste is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment. ### How are warranty replacements of Composition leather slabs & waste handled? 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. ### Does MRP, weight or pack size change GST treatment for Composition leather slabs & waste? Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN. ### How do I bill a kit or combo that includes Composition leather slabs & waste? Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly. ### Is the composition scheme suitable if I mainly trade Composition leather slabs & waste? The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in. ## India's trade performance: HSN Sub-Chapter 4115 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−16.95% YoY) — 0.0000% of India's total exports - Imports: ₹53 Cr (+20.17% YoY) — 0.0009% of India's total imports - Trade balance: −₹52 Cr (Deficit); surplus rank #677 of 1233 sub-chapters - Share of Chapter 41: 0.03% of its exports; import side 1.48% - Rank within Chapter 41: #8 of 11 by export value; import-side #6 ### Key metrics - Export CAGR: -15.33% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1140 of 1233 sub-chapters by export value (FY 2024-25) - Peak growth year: +268.75% in FY 2023-24 - Contribution to Ch. 41: 0.03% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Sub-Chapter 4115 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 Ch. 41 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Ch. 41 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 2.66 | 0.0001% | — | 0.05% | 63.82 | 0.0018% | — | 1.57% | −61.16 | #1092 | | FY 2019-20 | 1.14 | 0.0001% | −57.14% | 0.03% | 53.27 | 0.0016% | −16.53% | 1.37% | −52.13 | #1124 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −13.16% | 0.04% | 33.56 | 0.0012% | −37.00% | 1.41% | −32.57 | #1122 | | FY 2021-22 | 1.88 | 0.0001% | +89.90% | 0.06% | 39.35 | 0.0009% | +17.25% | 1.24% | −37.47 | #1115 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −82.98% | 0.01% | 45.28 | 0.0008% | +15.07% | 1.17% | −44.96 | #1162 | | FY 2023-24 | 1.18 | 0.0000% | +268.75% | 0.03% | 44.33 | 0.0008% | −2.10% | 1.34% | −43.15 | #1143 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −16.95% | 0.03% | 53.27 | 0.0009% | +20.17% | 1.48% | −52.29 | #1140 | - CAGR (7-year): exports -15.33%/yr, imports -2.97%/yr (consistently Deficit) ## Key trade insights: HSN Sub-Chapter 4115 export-import analysis ### Export decline: -15.33% CAGR over 7 years India's exports under HSN Sub-Chapter 4115 have declined at a compound annual rate of -15.33% over 7 fiscal years, falling from ₹2.66 Crore in FY 2018-19 to ₹0.98 Crore in FY 2024-25. ### HSN Sub-Chapter 4115 ranked #1140 among all 1233 sub-chapters by export value In FY 2024-25, HSN Sub-Chapter 4115 ranks #1140 out of 1233 sub-chapters by total export value. Within Chapter 41, it ranks #8 of 11. By trade surplus, it ranks #677 of 1233. ### FY 2023-24 was the strongest growth year for HSN Sub-Chapter 4115 exports The strongest single-year export movement for HSN Sub-Chapter 4115 was recorded in FY 2023-24, when exports surged by 268.75% over the prior year. ### India records a trade deficit of ₹52.29 Crore in HSN Sub-Chapter 4115 goods In FY 2024-25, India's imports of ₹53.27 Cr exceeded exports of ₹0.98 Cr, resulting in a trade deficit of ₹52.29 Crore — ranking #677 of 1233 by surplus magnitude. ### Import growth of -2.97% CAGR signals stable import dependency for Composition leather slabs & waste India's imports under HSN Sub-Chapter 4115 have grown at -2.97% CAGR, reaching ₹53.27 Crore in FY 2024-25. ### HSN Sub-Chapter 4115 contributes 0.03% of Chapter 41 exports — ranked #8 Among the 11 sub-chapters under Chapter 41, HSN Sub-Chapter 4115 ranks #8 by export value — accounting for 0.03% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.48% share (rank #6). ## Related Sub-Chapters in Chapter 41 Ranked by export value (FY 2024-25). | Rank | HSN Sub-Chapter | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Sub-Chapter 4107: Leather prepared after tanning, bovine](https://busy.in/hsn/sub-chapter-4107/) | ₹2,478 Cr | | #2 | [HSN Sub-Chapter 4113: Leather prepared after tanning, others](https://busy.in/hsn/sub-chapter-4113/) | ₹665 Cr | | #3 | [HSN Sub-Chapter 4112: Tanned sheep or lamb leather](https://busy.in/hsn/sub-chapter-4112/) | ₹524 Cr | | #4 | [HSN Sub-Chapter 4106: Tanned hides & skins](https://busy.in/hsn/sub-chapter-4106/) | ₹73 Cr | | #5 | [HSN Sub-Chapter 4114: Chamois & patent leather](https://busy.in/hsn/sub-chapter-4114/) | ₹12 Cr | | #6 | [HSN Sub-Chapter 4104: Tanned Hides & Skins](https://busy.in/hsn/sub-chapter-4104/) | ₹11 Cr | | #7 | [HSN Sub-Chapter 4101: Raw hides & skins, bovine/equine](https://busy.in/hsn/sub-chapter-4101/) | ₹11 Cr | | #8 | HSN Sub-Chapter 4115: Composition leather slabs & waste (this hsn sub-chapter) | < ₹1 Crore | | #9 | [HSN Sub-Chapter 4103: Raw hides & skins, not tanned](https://busy.in/hsn/sub-chapter-4103/) | < ₹1 Crore | | #10 | [HSN Sub-Chapter 4105: Sheep or lamb skins](https://busy.in/hsn/sub-chapter-4105/) | < ₹1 Crore | ## Other sub-chapters | Code | Title | | --- | --- | | 4101 | [Raw hides & skins, bovine/equine](https://busy.in/hsn/sub-chapter-4101/) | | 4102 | [Raw skins of sheep/lambs, preserved](https://busy.in/hsn/sub-chapter-4102/) | | 4103 | [Raw hides & skins, not tanned](https://busy.in/hsn/sub-chapter-4103/) | | 4104 | [Tanned Hides & Skins](https://busy.in/hsn/sub-chapter-4104/) | | 4105 | [Sheep or lamb skins](https://busy.in/hsn/sub-chapter-4105/) | | 4106 | [Tanned hides & skins](https://busy.in/hsn/sub-chapter-4106/) | | 4107 | [Leather prepared after tanning, bovine](https://busy.in/hsn/sub-chapter-4107/) | | 4112 | [Tanned sheep or lamb leather](https://busy.in/hsn/sub-chapter-4112/) | | 4113 | [Leather prepared after tanning, others](https://busy.in/hsn/sub-chapter-4113/) | | 4114 | [Chamois & patent leather](https://busy.in/hsn/sub-chapter-4114/) |