4301 HSN Code: Raw furskins for furriers

HSN Sub Chapter 4301 represents Raw furskins for furriers under GST classification. This code helps businesses identify Raw furskins for furriers correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4301, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Raw furskins for furriers.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

New GST Rate for HSN Code 4301

GST Rate for Raw furskins for furriers under HSN Code 4301. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

43

HSN Code

4301

HSN Description

Raw furskins (including heads, tails, paws and other pieces or cuttings, suitable for furriers' use), other than raw hides and skins of heading 4101, 4102 or 4103

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 4301

Following tariff HSN codes fall under Raw furskins for furriers.

Tariff HSN

43011000

Description

Of mink, whole, with or without head, tail or paws

Tariff HSN

43013000

Description

Of lamb, the following : Astrakhan, Broadtail, Caracul, Persian and similar lamb, Indian, Chinese, Mongolian or Tibetan lamb, whole, with or without head, tail or paws

Tariff HSN

43016000

Description

Of fox, whole, with or without head, tail or paws

Tariff HSN

43017000

Description

Raw furskins (including heads, tails, paws and other pieces or cuttings, suitable for furriers use), other than raw hides and skins of heading 4101, 4102 or 4103 - of seal, whole, with or without head, tail or paws

Tariff HSN

43018000

Description

Other furskins, whole, with or without head, tail or paws

Tariff HSN

43019000

Description

Heads, tails, paws and other pieces or cuttings, suitable for furriers’ use

India’s Trade Performance — HSN Sub-Chapter 4301 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

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹7 Cr

+26.00% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹7 Cr

Trade Deficit

Surplus rank #576 of 1233 subchapters

% of Chapter 43

FY 2024-25

0.00%

Share of Chapter 43’s total exports in FY 2024-25

Import side: 12.17% of Chapter 43’s imports

At a glance

−33.33%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.00%

Contribution to Ch. 43

Share of Chapter 43 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 4301

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 #1154

Balance

−1.22

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.54% of Ch. 43

Imports

1.71 ₹ Cr

0.0000% share

— YoY

3.53% of Ch. 43

FY 2019-20 Exp. Rank #1183

Balance

−4.22

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−91.84% YoY

0.04% of Ch. 43

Imports

4.26 ₹ Cr

0.0001% share

+149.12% YoY

8.99% of Ch. 43

FY 2020-21

Balance

−1.43

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Ch. 43

Imports

1.43 ₹ Cr

0.0000% share

−66.43% YoY

4.70% of Ch. 43

FY 2021-22 Exp. Rank #1182

Balance

−2.09

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.03% of Ch. 43

Imports

2.15 ₹ Cr

0.0000% share

+50.35% YoY

5.36% of Ch. 43

FY 2022-23 Exp. Rank #1194

Balance

−4.26

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−50.00% YoY

0.03% of Ch. 43

Imports

4.29 ₹ Cr

0.0001% share

+99.53% YoY

8.95% of Ch. 43

FY 2023-24 Exp. Rank #1202

Balance

−5.25

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−33.33% YoY

0.02% of Ch. 43

Imports

5.27 ₹ Cr

0.0001% share

+22.84% YoY

10.24% of Ch. 43

FY 2024-25

Balance

−6.64

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Ch. 43

Imports

6.64 ₹ Cr

0.0001% share

+26.00% YoY

12.17% of Ch. 43

CAGR · 7-Year

Exports

—

Imports

25.37% /yr

Consistently Deficit
Chapter 43 total

reference, FY 2024-25

Export

₹61.10 Cr

Import

₹54.55 Cr

Trade Balance

+6.55

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

Key Trade Insights: HSN Sub-Chapter 4301 Export-Import Analysis

Export Snapshot for HSN Sub-Chapter 4301

India exported ₹0.00 Crore worth of Raw furskins for furriers in FY 2024-25. Multi-year trend data is being compiled for this hsn sub-chapter.

FY 2023-24 Was the Strongest Growth Year for HSN Sub-Chapter 4301 Exports

The strongest single-year export movement for HSN Sub-Chapter 4301 was recorded in FY 2023-24, when exports declined by 33.33% over the prior year.

India Records a Trade Deficit of ₹6.64 Crore in HSN Sub-Chapter 4301 Goods

In FY 2024-25, India's imports of ₹6.64 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹6.64 Crore — ranking #576 of 1233 by surplus magnitude.

Import Growth of 25.37% CAGR Signals Rising Demand for Raw furskins for furriers

India's imports under HSN Sub-Chapter 4301 have grown at 25.37% CAGR, reaching ₹6.64 Crore in FY 2024-25.

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 4301 and GST compliance.

What products are classified under HSN 4301

It includes Raw furskins for furriers

Is the composition scheme suitable if I mainly trade Raw furskins for furriers?

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.

If I repair and return Raw furskins for furriers, how should I charge GST?

Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.

Can reverse charge ever apply to transactions involving Raw furskins for furriers?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Raw furskins for furriers are forward charge. Check the current notifications for any special cases before deciding.

How are warranty replacements of Raw furskins for furriers 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.

How should I document Raw furskins for furriers sent for job work?

Use a delivery challan for sending Raw furskins for furriers to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.

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.

Explore More HSN Codes from Chapter 43