4908 HSN Code: Transfers

HSN Sub Chapter 4908 represents Transfers under GST classification. This code helps businesses identify Transfers correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4908, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Transfers.

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 4908

GST Rate for Transfers under HSN Code 4908. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

49

HSN Code

4908

HSN Description

Transfers (decalcomanias)

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 4908

Following tariff HSN codes fall under Transfers.

Tariff HSN

49081000

Description

Transfers (decalcomanias), vitrifiable

Tariff HSN

49089000

Description

Other

India’s Trade Performance — HSN Sub-Chapter 4908 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

₹13 Cr

−22.30% vs FY 2023-24

0.0003% of India’s total exports

India’s Imports

FY 2024-25

₹135 Cr

+10.61% vs FY 2023-24

0.0022% of India’s total imports

Trade Balance

FY 2024-25

−₹122 Cr

Trade Deficit

Surplus rank #739 of 1233 subchapters

% of Chapter 49

FY 2024-25

0.34%

Share of Chapter 49’s total exports in FY 2024-25

Import side: 6.92% of Chapter 49’s imports

Rank Within Chapter 49

FY 2024-25

#8 of 11

Position by export value among subchapters in Chapter 49

Import-side rank: #4 of 11

At a glance

4.12%

Export CAGR

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

#1034

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+43.30%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.34%

Contribution to Ch. 49

Share of Chapter 49 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 4908

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 #1009

Balance

−90.19

Exports

9.93 ₹ Cr

0.0004% share

— YoY

0.35% of Ch. 49

Imports

100.12 ₹ Cr

0.0028% share

— YoY

4.12% of Ch. 49

FY 2019-20 Exp. Rank #997

Balance

−78.59

Exports

10.35 ₹ Cr

0.0005% share

+4.23% YoY

0.43% of Ch. 49

Imports

88.94 ₹ Cr

0.0027% share

−11.17% YoY

3.70% of Ch. 49

FY 2020-21 Exp. Rank #992

Balance

−64.58

Exports

9.79 ₹ Cr

0.0005% share

−5.41% YoY

0.53% of Ch. 49

Imports

74.37 ₹ Cr

0.0026% share

−16.38% YoY

4.15% of Ch. 49

FY 2021-22 Exp. Rank #1004

Balance

−104.35

Exports

12.54 ₹ Cr

0.0004% share

+28.09% YoY

0.46% of Ch. 49

Imports

116.89 ₹ Cr

0.0026% share

+57.17% YoY

5.40% of Ch. 49

FY 2022-23 Exp. Rank #996

Balance

−107.00

Exports

17.97 ₹ Cr

0.0005% share

+43.30% YoY

0.58% of Ch. 49

Imports

124.97 ₹ Cr

0.0022% share

+6.91% YoY

4.30% of Ch. 49

FY 2023-24 Exp. Rank #1011

Balance

−105.44

Exports

16.28 ₹ Cr

0.0004% share

−9.40% YoY

0.46% of Ch. 49

Imports

121.72 ₹ Cr

0.0022% share

−2.60% YoY

4.88% of Ch. 49

FY 2024-25 Exp. Rank #1034

Balance

−121.99

Exports

12.65 ₹ Cr

0.0003% share

−22.30% YoY

0.34% of Ch. 49

Imports

134.64 ₹ Cr

0.0022% share

+10.61% YoY

6.92% of Ch. 49

CAGR · 7-Year

Exports

4.12% /yr

Imports

5.06% /yr

Consistently Deficit
Chapter 49 total

reference, FY 2024-25

Export

₹3,676.10 Cr

Import

₹1,945.63 Cr

Trade Balance

+1,730.47

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

Key Trade Insights: HSN Sub-Chapter 4908 Export-Import Analysis

Consistent Export Growth: 4.12% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 4908 have grown at a compound annual rate of 4.12% over 7 fiscal years, rising from ₹9.93 Crore in FY 2018-19 to ₹12.65 Crore in FY 2024-25.

HSN Sub-Chapter 4908 Ranked #1034 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 4908 ranks #1034 out of 1233 subchapters by total export value. Within Chapter 49, it ranks #8 of 11. By trade surplus, it ranks #739 of 1233.

FY 2022-23 Was the Strongest Growth Year for HSN Sub-Chapter 4908 Exports

The strongest single-year export movement for HSN Sub-Chapter 4908 was recorded in FY 2022-23, when exports surged by 43.30% over the prior year.

India Records a Trade Deficit of ₹121.99 Crore in HSN Sub-Chapter 4908 Goods

In FY 2024-25, India's imports of ₹134.64 Cr exceeded exports of ₹12.65 Cr, resulting in a trade deficit of ₹121.99 Crore — ranking #739 of 1233 by surplus magnitude.

Import Growth of 5.06% CAGR Signals Stable Import Dependency for Transfers

India's imports under HSN Sub-Chapter 4908 have grown at 5.06% CAGR, reaching ₹134.64 Crore in FY 2024-25.

HSN Sub-Chapter 4908 Contributes 0.34% of Chapter 49 Exports — Ranked #8

Among the 11 subchapters under Chapter 49, HSN Sub-Chapter 4908 ranks #8 by export value — accounting for 0.34% of the chapter's total exports in FY 2024-25. On the import side, it holds 6.92% share (rank #4).

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 4908 and GST compliance.

What products are classified under HSN 4908

It includes Transfers

How should I document Transfers sent for job work?

Use a delivery challan for sending Transfers 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 MRP, weight or pack size change GST treatment for Transfers?

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.

What misclassification mistakes happen with Transfers?

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.

Do spares or accessories of Transfers 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.

Any special steps when selling Transfers 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.

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 49