4602 HSN Code: Basketwork & Wickerwork

HSN Sub Chapter 4602 represents Basketwork & Wickerwork under GST classification. This code helps businesses identify Basketwork & Wickerwork correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4602, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Basketwork & Wickerwork.

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 4602

GST Rate for Basketwork & Wickerwork under HSN Code 4602. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

46

HSN Code

HSN Description

Basketwork, wickerwork and other articles, made directly to shape from plaiting materials or made up from goods of heading 46 01; articles of loofah

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 4602

Following tariff HSN codes fall under Basketwork & Wickerwork.

Tariff HSN

Description

Basketwork, wickerwork and other articles, made directly to shape from plaiting materials or made up from goods of heading 46 01; articles of loofah of vegetable materials : of palm leaves : baskets

Tariff HSN

Description

Basketwork, wickerwork and other articles, made directly to shape from plaiting materials or made up from goods of heading 46 01; articles of loofah of vegetable materials : of palm leaves : other

Tariff HSN

Description

Basketwork, wickerwork and other articles, made directly to shape from plaiting materials or made up from goods of heading 46 01; articles of loofah of vegetable materials : other

Tariff HSN

Description

Of vegetable materials : Of bamboo

Tariff HSN

Description

Of vegetable materials : Of rattan

Tariff HSN

Description

Of vegetable materials : Other : Of palm leaves : Baskets

Tariff HSN

Description

Of vegetable materials : Other : Of palm leaves : Other

Tariff HSN

Description

Of vegetable materials : Other : Other

Tariff HSN

Description

Of vegetable materials : Other

India’s Trade Performance — HSN Sub-Chapter 4602 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

₹248 Cr

+0.03% vs FY 2023-24

0.0067% of India’s total exports

India’s Imports

FY 2024-25

₹34 Cr

+2.81% vs FY 2023-24

0.0006% of India’s total imports

Trade Balance

FY 2024-25

₹214 Cr

Trade Surplus

Surplus rank #321 of 1233 subchapters

% of Chapter 46

FY 2024-25

40.98%

Share of Chapter 46’s total exports in FY 2024-25

Import side: 42.53% of Chapter 46’s imports

Rank Within Chapter 46

FY 2024-25

#2 of 2

Position by export value among subchapters in Chapter 46

Import-side rank: #2 of 2

At a glance

14.66%

Export CAGR

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

#661

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+52.22%

Peak Growth Year

FY 2021-22 · strongest single-year move

40.98%

Contribution to Ch. 46

Share of Chapter 46 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 4602

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 #711

Balance

+88.94

Exports

109.17 ₹ Cr

0.0048% share

YoY

38.81% of Ch. 46

Imports

20.23 ₹ Cr

0.0006% share

YoY

72.77% of Ch. 46

FY 2019-20 Exp. Rank #643

Balance

+127.85

Exports

153.49 ₹ Cr

0.0069% share

+40.60% YoY

43.31% of Ch. 46

Imports

25.64 ₹ Cr

0.0008% share

+26.74% YoY

68.45% of Ch. 46

FY 2020-21 Exp. Rank #704

Balance

+95.86

Exports

110.12 ₹ Cr

0.0051% share

−28.26% YoY

33.38% of Ch. 46

Imports

14.26 ₹ Cr

0.0005% share

−44.38% YoY

54.28% of Ch. 46

FY 2021-22 Exp. Rank #692

Balance

+142.25

Exports

167.63 ₹ Cr

0.0053% share

+52.22% YoY

29.94% of Ch. 46

Imports

25.38 ₹ Cr

0.0006% share

+77.98% YoY

54.12% of Ch. 46

FY 2022-23 Exp. Rank #681

Balance

+186.24

Exports

211.32 ₹ Cr

0.0058% share

+26.06% YoY

39.02% of Ch. 46

Imports

25.08 ₹ Cr

0.0004% share

−1.18% YoY

44.32% of Ch. 46

FY 2023-24 Exp. Rank #649

Balance

+214.87

Exports

248.00 ₹ Cr

0.0069% share

+17.36% YoY

43.55% of Ch. 46

Imports

33.13 ₹ Cr

0.0006% share

+32.10% YoY

44.89% of Ch. 46

FY 2024-25 Exp. Rank #661

Balance

+214.02

Exports

248.08 ₹ Cr

0.0067% share

+0.03% YoY

40.98% of Ch. 46

Imports

34.06 ₹ Cr

0.0006% share

+2.81% YoY

42.53% of Ch. 46

CAGR · 7-Year

Exports

14.66% /yr

Imports

9.07% /yr

Consistently Surplus
Chapter 46 total

reference, FY 2024-25

Export

₹605.36 Cr

Import

₹80.08 Cr

Trade Balance

+525.28

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

Key Trade Insights: HSN Sub-Chapter 4602 Export-Import Analysis

Consistent Export Growth: 14.66% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 4602 have grown at a compound annual rate of 14.66% over 7 fiscal years, rising from ₹109.17 Crore in FY 2018-19 to ₹248.08 Crore in FY 2024-25.

HSN Sub-Chapter 4602 Ranked #661 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 4602 ranks #661 out of 1233 subchapters by total export value. Within Chapter 46, it ranks #2 of 2. By trade surplus, it ranks #321 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 4602 Exports

The strongest single-year export movement for HSN Sub-Chapter 4602 was recorded in FY 2021-22, when exports surged by 52.22% over the prior year.

India Maintains a Trade Surplus of ₹214.02 Crore in HSN Sub-Chapter 4602 Goods

In FY 2024-25, India's exports of ₹248.08 Cr exceeded imports of ₹34.06 Cr, resulting in a trade surplus of ₹214.02 Crore — ranking #321 of 1233 by surplus magnitude.

Import Growth of 9.07% CAGR Signals Stable Import Dependency for Basketwork & Wickerwork

India's imports under HSN Sub-Chapter 4602 have grown at 9.07% CAGR, reaching ₹34.06 Crore in FY 2024-25.

HSN Sub-Chapter 4602 Contributes 40.98% of Chapter 46 Exports — Ranked #2

Among the 2 subchapters under Chapter 46, HSN Sub-Chapter 4602 ranks #2 by export value — accounting for 40.98% of the chapter's total exports in FY 2024-25. On the import side, it holds 42.53% share (rank #2).

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 4602 and GST compliance.

What products are classified under HSN 4602

It includes Basketwork & Wickerwork

Do spares or accessories of Basketwork & Wickerwork 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.

Does MRP, weight or pack size change GST treatment for Basketwork & Wickerwork?

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.

If I repair and return Basketwork & Wickerwork, 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.

How should I document Basketwork & Wickerwork sent for job work?

Use a delivery challan for sending Basketwork & Wickerwork 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.

Does packaging or branding change how GST applies to Basketwork & Wickerwork?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Basketwork & Wickerwork 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.

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.