4304 HSN Code: Artificial fur

HSN Sub Chapter 4304 represents Artificial fur under GST classification. This code helps businesses identify Artificial fur correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4304, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Artificial fur.

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New GST Rate for HSN Code 4304

GST Rate for Artificial fur under HSN Code 4304. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

43

HSN Code

4304

HSN Description

Artificial fur and articles thereof

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 4304

Following tariff HSN codes fall under Artificial fur.

Tariff HSN

43040011

Description

Artificial fur and articles thereof : Artificial fur : Artificial fur as trimmings and embellishments for garments, made ups, knitwear, plastic and leather goods

Tariff HSN

43040019

Description

Artificial fur and articles thereof : Artificial fur : Other

Tariff HSN

43040020

Description

Artificial fur and articles thereof : Articles of artificial fur

India’s Trade Performance — HSN Sub-Chapter 4304 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

+100.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹4 Cr

+21.90% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹3 Cr

Trade Deficit

Surplus rank #552 of 1233 subchapters

% of Chapter 43

FY 2024-25

0.82%

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

Import side: 6.84% of Chapter 43’s imports

Rank Within Chapter 43

FY 2024-25

#3 of 4

Position by export value among subchapters in Chapter 43

Import-side rank: #3 of 4

At a glance

−32.72%

Export CAGR

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

#1154

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+1,433.33%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.82%

Contribution to Ch. 43

Share of Chapter 43 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 4304

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 #1050

Balance

+0.28

Exports

5.39 ₹ Cr

0.0002% share

— YoY

5.96% of Ch. 43

Imports

5.11 ₹ Cr

0.0001% share

— YoY

10.56% of Ch. 43

FY 2019-20 Exp. Rank #1136

Balance

−4.25

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−85.34% YoY

0.88% of Ch. 43

Imports

5.04 ₹ Cr

0.0002% share

−1.37% YoY

10.64% of Ch. 43

FY 2020-21 Exp. Rank #1190

Balance

−2.63

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−96.20% YoY

0.03% of Ch. 43

Imports

2.66 ₹ Cr

0.0001% share

−47.22% YoY

8.74% of Ch. 43

FY 2021-22 Exp. Rank #1152

Balance

−4.90

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+1,433.33% YoY

0.26% of Ch. 43

Imports

5.36 ₹ Cr

0.0001% share

+101.50% YoY

13.36% of Ch. 43

FY 2022-23 Exp. Rank #1159

Balance

−6.38

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−15.22% YoY

0.33% of Ch. 43

Imports

6.77 ₹ Cr

0.0001% share

+26.31% YoY

14.12% of Ch. 43

FY 2023-24 Exp. Rank #1176

Balance

−2.81

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−35.90% YoY

0.25% of Ch. 43

Imports

3.06 ₹ Cr

0.0001% share

−54.80% YoY

5.94% of Ch. 43

FY 2024-25 Exp. Rank #1154

Balance

−3.23

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+100.00% YoY

0.82% of Ch. 43

Imports

3.73 ₹ Cr

0.0001% share

+21.90% YoY

6.84% of Ch. 43

CAGR · 7-Year

Exports

−32.72% /yr

Imports

−5.11% /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 4304 Export-Import Analysis

Export Decline: −32.72% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 4304 have declined at a compound annual rate of −32.72% over 7 fiscal years, falling from ₹5.39 Crore in FY 2018-19 to ₹0.50 Crore in FY 2024-25.

HSN Sub-Chapter 4304 Ranked #1154 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 4304 ranks #1154 out of 1233 subchapters by total export value. Within Chapter 43, it ranks #3 of 4. By trade surplus, it ranks #552 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 4304 Exports

The strongest single-year export movement for HSN Sub-Chapter 4304 was recorded in FY 2021-22, when exports surged by 1,433.33% over the prior year.

India Records a Trade Deficit of ₹3.23 Crore in HSN Sub-Chapter 4304 Goods

In FY 2024-25, India's imports of ₹3.73 Cr exceeded exports of ₹0.50 Cr, resulting in a trade deficit of ₹3.23 Crore — ranking #552 of 1233 by surplus magnitude.

Import Growth of −5.11% CAGR Signals Stable Import Dependency for Artificial fur

India's imports under HSN Sub-Chapter 4304 have grown at −5.11% CAGR, reaching ₹3.73 Crore in FY 2024-25.

HSN Sub-Chapter 4304 Contributes 0.82% of Chapter 43 Exports — Ranked #3

Among the 4 subchapters under Chapter 43, HSN Sub-Chapter 4304 ranks #3 by export value — accounting for 0.82% of the chapter's total exports in FY 2024-25. On the import side, it holds 6.84% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 4304 and GST compliance.

What products are classified under HSN 4304

It includes Artificial fur

What should my invoice and records include for Artificial fur?

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.

Any special steps when selling Artificial fur through an e‑commerce platform?

Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.

How should I document Artificial fur sent for job work?

Use a delivery challan for sending Artificial fur 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.

Any import/export nuance for Artificial fur?

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.

Do spares or accessories of Artificial fur follow the same HSN?

Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.

If I repair and return Artificial fur, 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.

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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