4115 HSN Code: Composition leather slabs & waste

HSN Sub Chapter 4115 represents Composition leather slabs & waste under GST classification. This code helps businesses identify Composition leather slabs & waste correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4115, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Composition leather slabs & waste.

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New GST Rate for HSN Code 4115

GST Rate for Composition leather slabs & waste under HSN Code 4115. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

41

HSN Code

4115

HSN Description

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

New GST Rate

5 %
Essential

Old GST Rate

12 %

Tariff HSN Codes under HSN Sub Chapter 4115

Following tariff HSN codes fall under Composition leather slabs & waste.

Tariff HSN

41151000

Description

Composition leather with a basis of leather or leather fiber, in slabs, sheets or strip, whether or not in rolls

Tariff HSN

41152010

Description

Parings and other waste of leather or of composition leather, not suitable for the manufacture of leather articles ; leather dust, powder and flour: Cuttings of leather

Tariff HSN

41152090

Description

Parings and other waste of leather or of composition leather, not suitable for the manufacture of leather articles ; leather dust, powder and flour: Other

India’s Trade Performance — HSN Sub-Chapter 4115 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

< ₹1 Crore

−16.95% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹53 Cr

+20.17% vs FY 2023-24

0.0009% of India’s total imports

Trade Balance

FY 2024-25

−₹52 Cr

Trade Deficit

Surplus rank #677 of 1233 subchapters

% of Chapter 41

FY 2024-25

0.03%

Share of Chapter 41’s total exports in FY 2024-25

Import side: 1.48% of Chapter 41’s imports

Rank Within Chapter 41

FY 2024-25

#8 of 11

Position by export value among subchapters in Chapter 41

Import-side rank: #6 of 11

At a glance

−15.33%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#1140

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+268.75%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.03%

Contribution to Ch. 41

Share of Chapter 41 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #1092

Balance

−61.16

Exports

2.66 ₹ Cr

0.0001% share

— YoY

0.05% of Ch. 41

Imports

63.82 ₹ Cr

0.0018% share

— YoY

1.57% of Ch. 41

FY 2019-20 Exp. Rank #1124

Balance

−52.13

Exports

1.14 ₹ Cr

0.0001% share

−57.14% YoY

0.03% of Ch. 41

Imports

53.27 ₹ Cr

0.0016% share

−16.53% YoY

1.37% of Ch. 41

FY 2020-21 Exp. Rank #1122

Balance

−32.57

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−13.16% YoY

0.04% of Ch. 41

Imports

33.56 ₹ Cr

0.0012% share

−37.00% YoY

1.41% of Ch. 41

FY 2021-22 Exp. Rank #1115

Balance

−37.47

Exports

1.88 ₹ Cr

0.0001% share

+89.90% YoY

0.06% of Ch. 41

Imports

39.35 ₹ Cr

0.0009% share

+17.25% YoY

1.24% of Ch. 41

FY 2022-23 Exp. Rank #1162

Balance

−44.96

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−82.98% YoY

0.01% of Ch. 41

Imports

45.28 ₹ Cr

0.0008% share

+15.07% YoY

1.17% of Ch. 41

FY 2023-24 Exp. Rank #1143

Balance

−43.15

Exports

1.18 ₹ Cr

0.0000% share

+268.75% YoY

0.03% of Ch. 41

Imports

44.33 ₹ Cr

0.0008% share

−2.10% YoY

1.34% of Ch. 41

FY 2024-25 Exp. Rank #1140

Balance

−52.29

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−16.95% YoY

0.03% of Ch. 41

Imports

53.27 ₹ Cr

0.0009% share

+20.17% YoY

1.48% of Ch. 41

CAGR · 7-Year

Exports

−15.33% /yr

Imports

−2.97% /yr

Consistently Deficit
Chapter 41 total

reference, FY 2024-25

Export

₹3,775.67 Cr

Import

₹3,602.78 Cr

Trade Balance

+172.89

Peak export growth year Latest available data Not available YoY = change vs previous FY

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 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 4115 ranks #1140 out of 1233 subchapters 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 subchapters 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 4115 and GST compliance.

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.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.

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