Export Decline: −24.46% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 4302 have declined at a compound annual rate of −24.46% over 7 fiscal years, falling from ₹5.33 Crore in FY 2018-19 to ₹0.99 Crore in FY 2024-25.
HSN Sub Chapter 4302 represents Tanned furskins, unassembled under GST classification. This code helps businesses identify Tanned furskins, unassembled correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4302, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Tanned furskins, unassembled.
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GST Rate for Tanned furskins, unassembled under HSN Code 4302. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Tanned furskins, unassembled.
Tariff HSN
Description
Whole skins, with or without head, tail or paws, not assembled: Of mink
Tariff HSN
Description
Tanned or dressed furskins (including heads, tails, paws and other pieces or cuttings), unassembled, or assembled (without the addition of other materials) other than those of heading 4303 - whole skins, with or without head, tail or paws, not assembled:of lamb, the following : astrakhan, broad tail, caracul, persian and similar lamb, indian, chinese, mongolian or tibetan lamb
Tariff HSN
Description
Whole skins, with or without head, tail or paws, not assembled: Other: Calf skins, with hair on, tanned or dressed
Tariff HSN
Description
Whole skins, with or without head, tail or paws, not assembled: Other: Hides or skins of other bovine and equine animals with hair on, tanned or dressed
Tariff HSN
Description
Whole skins, with or without head, tail or paws, not assembled: Other: Goat (Common) and kid skins with hair on, tanned or dressed
Tariff HSN
Description
Whole skins, with or without head, tail or paws, not assembled: Other: Tiger-cat skins
Tariff HSN
Description
Whole skins, with or without head, tail or paws, not assembled: Other: Hides and skins of other animals with hair on, tanned or dressed
Tariff HSN
Description
Heads, tails, paws and other pieces or cuttings, not assembled
Tariff HSN
Description
Whole skins and pieces or cuttings thereof, assembled
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹42 Cr
0.0007% of India’s total imports
Trade Balance
FY 2024-25−₹41 Cr
Surplus rank #655 of 1233 subchapters
% of Chapter 43
FY 2024-251.62%
Share of Chapter 43’s total exports in FY 2024-25
Import side: 76.72% of Chapter 43’s imports
Rank Within Chapter 43
FY 2024-25#2 of 4
Position by export value among subchapters in Chapter 43
Import-side rank: #1 of 4
At a glance
−24.46%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1139
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+96.43%
Peak Growth Year
FY 2022-23 · strongest single-year move
1.62%
Contribution to Ch. 43
Share of Chapter 43 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
−35.20
Exports
5.33 ₹ Cr
0.0002% share
— YoY
5.89% of Ch. 43
Imports
40.53 ₹ Cr
0.0011% share
— YoY
83.77% of Ch. 43
Balance
−35.37
Exports
2.50 ₹ Cr
0.0001% share
−53.10% YoY
2.78% of Ch. 43
Imports
37.87 ₹ Cr
0.0011% share
−6.56% YoY
79.93% of Ch. 43
Balance
−25.60
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−79.60% YoY
0.49% of Ch. 43
Imports
26.11 ₹ Cr
0.0009% share
−31.05% YoY
85.78% of Ch. 43
Balance
−31.94
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−45.10% YoY
0.16% of Ch. 43
Imports
32.22 ₹ Cr
0.0007% share
+23.40% YoY
80.33% of Ch. 43
Balance
−35.68
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+96.43% YoY
0.46% of Ch. 43
Imports
36.23 ₹ Cr
0.0006% share
+12.45% YoY
75.57% of Ch. 43
Balance
−39.86
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+67.27% YoY
0.94% of Ch. 43
Imports
40.78 ₹ Cr
0.0007% share
+12.56% YoY
79.20% of Ch. 43
Balance
−40.86
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+7.61% YoY
1.62% of Ch. 43
Imports
41.85 ₹ Cr
0.0007% share
+2.62% YoY
76.72% of Ch. 43
CAGR · 7-Year
Exports
−24.46% /yr
Imports
0.54% /yr
India's exports under HSN Sub-Chapter 4302 have declined at a compound annual rate of −24.46% over 7 fiscal years, falling from ₹5.33 Crore in FY 2018-19 to ₹0.99 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 4302 ranks #1139 out of 1233 subchapters by total export value. Within Chapter 43, it ranks #2 of 4. By trade surplus, it ranks #655 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 4302 was recorded in FY 2022-23, when exports surged by 96.43% over the prior year.
In FY 2024-25, India's imports of ₹41.85 Cr exceeded exports of ₹0.99 Cr, resulting in a trade deficit of ₹40.86 Crore — ranking #655 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 4302 have grown at 0.54% CAGR, reaching ₹41.85 Crore in FY 2024-25.
Among the 4 subchapters under Chapter 43, HSN Sub-Chapter 4302 ranks #2 by export value — accounting for 1.62% of the chapter's total exports in FY 2024-25. On the import side, it holds 76.72% share (rank #1).
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 4302 and GST compliance.
It includes Tanned furskins, unassembled
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Tanned furskins, unassembled 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.
If your outward supply of Tanned furskins, unassembled 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.
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.
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.