Consistent Export Growth: 12.94% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 4601 have grown at a compound annual rate of 12.94% over 7 fiscal years, rising from ₹172.13 Crore in FY 2018-19 to ₹357.28 Crore in FY 2024-25.
HSN Sub Chapter 4601 represents Plaits, Products Of Plaiting Materials under GST classification. This code helps businesses identify Plaits, Products Of Plaiting Materials correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4601, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Plaits, Products Of Plaiting Materials.
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GST Rate for Plaits, Products Of Plaiting Materials under HSN Code 4601. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Chapter No
46HSN Code
HSN Description
Plaits and similar products of plaiting materials, whether or not assembled into strips ; plaiting materials, plaits and similar products of plaiting materials, bound together in parallel strands or woven, in sheet form, whether or not being finished articles (for example, mats, matting, screens)
New GST Rate
Old GST Rate
Following tariff HSN codes fall under Plaits, Products Of Plaiting Materials.
Tariff HSN
Description
Plaits and similar products of plaiting materials, whether or not assembled into strips ; plaiting materials, plaits and similar products of plaiting materials, bound together in parallel strands or woven, in sheet form, whether or not being finished articles (for example, mats, matting, screens) - mats, matting and screens of vegetable materials : mats and matting of coir, bound in parallel strands
Tariff HSN
Description
Plaits and similar products of plaiting materials, whether or not assembled into strips ; plaiting materials, plaits and similar products of plaiting materials, bound together in parallel strands or woven, in sheet form, whether or not being finished articles (for example, mats, matting, screens) - mats, matting and screens of vegetable materials : mats and matting not elsewhere included or specified (for example, grass mats)
Tariff HSN
Description
Plaits and similar products of plaiting materials, whether or not assembled into strips ; plaiting materials, plaits and similar products of plaiting materials, bound together in parallel strands or woven, in sheet form, whether or not being finished articles (for example, mats, matting, screens) - mats, matting and screens of vegetable materials : other
Tariff HSN
Description
Mats, matting and screens of vegetable materials : Of bamboo
Tariff HSN
Description
Mats, matting and screens of vegetable materials : Of rattan
Tariff HSN
Description
Mats, matting and screens of vegetable materials : Other
Tariff HSN
Description
Plaits and similar products of plaiting materials, whether or not assembled into strips ; plaiting materials, plaits and similar products of plaiting materials, bound together in parallel strands or woven, in sheet form, whether or not being finished articles (for example, mats, matting, screens) - other : of vegetable materials
Tariff HSN
Description
Mats, matting and screens of vegetable materials : Of bamboo
Tariff HSN
Description
Mats, matting and screens of vegetable materials : Of rattan
Tariff HSN
Description
Mats, matting and screens of vegetable materials : Of other vegetable materials
Tariff HSN
Description
Mats, matting and screens of vegetable materials : Other
India’s Exports
FY 2024-25₹357 Cr
0.0096% of India’s total exports
India’s Imports
FY 2024-25₹46 Cr
0.0008% of India’s total imports
Trade Balance
FY 2024-25₹311 Cr
Surplus rank #297 of 1233 subchapters
% of Chapter 46
FY 2024-2559.02%
Share of Chapter 46’s total exports in FY 2024-25
Import side: 57.47% of Chapter 46’s imports
Rank Within Chapter 46
FY 2024-25#1 of 2
Position by export value among subchapters in Chapter 46
Import-side rank: #1 of 2
At a glance
12.94%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#594
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+78.43%
Peak Growth Year
FY 2021-22 · strongest single-year move
59.02%
Contribution to Ch. 46
Share of Chapter 46 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
+164.56
Exports
172.13 ₹ Cr
0.0075% share
— YoY
61.19% of Ch. 46
Imports
7.57 ₹ Cr
0.0002% share
— YoY
27.23% of Ch. 46
Balance
+189.10
Exports
200.92 ₹ Cr
0.0091% share
+16.73% YoY
56.69% of Ch. 46
Imports
11.82 ₹ Cr
0.0004% share
+56.14% YoY
31.55% of Ch. 46
Balance
+207.78
Exports
219.79 ₹ Cr
0.0102% share
+9.39% YoY
66.62% of Ch. 46
Imports
12.01 ₹ Cr
0.0004% share
+1.61% YoY
45.72% of Ch. 46
Balance
+370.66
Exports
392.17 ₹ Cr
0.0125% share
+78.43% YoY
70.06% of Ch. 46
Imports
21.51 ₹ Cr
0.0005% share
+79.10% YoY
45.86% of Ch. 46
Balance
+298.77
Exports
330.28 ₹ Cr
0.0091% share
−15.78% YoY
60.98% of Ch. 46
Imports
31.51 ₹ Cr
0.0005% share
+46.49% YoY
55.68% of Ch. 46
Balance
+280.78
Exports
321.47 ₹ Cr
0.0089% share
−2.67% YoY
56.45% of Ch. 46
Imports
40.69 ₹ Cr
0.0007% share
+29.13% YoY
55.13% of Ch. 46
Balance
+311.26
Exports
357.28 ₹ Cr
0.0096% share
+11.14% YoY
59.02% of Ch. 46
Imports
46.02 ₹ Cr
0.0008% share
+13.10% YoY
57.47% of Ch. 46
CAGR · 7-Year
Exports
12.94% /yr
Imports
35.10% /yr
India's exports under HSN Sub-Chapter 4601 have grown at a compound annual rate of 12.94% over 7 fiscal years, rising from ₹172.13 Crore in FY 2018-19 to ₹357.28 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 4601 ranks #594 out of 1233 subchapters by total export value. Within Chapter 46, it ranks #1 of 2. By trade surplus, it ranks #297 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 4601 was recorded in FY 2021-22, when exports surged by 78.43% over the prior year.
In FY 2024-25, India's exports of ₹357.28 Cr exceeded imports of ₹46.02 Cr, resulting in a trade surplus of ₹311.26 Crore — ranking #297 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 4601 have grown at 35.10% CAGR, reaching ₹46.02 Crore in FY 2024-25.
Among the 2 subchapters under Chapter 46, HSN Sub-Chapter 4601 ranks #1 by export value — accounting for 59.02% of the chapter's total exports in FY 2024-25. On the import side, it holds 57.47% 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 4601 and GST compliance.
It includes Plaits, Products Of Plaiting Materials
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 your outward supply of Plaits, Products Of Plaiting Materials 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.
Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.
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.
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.