For wrapping or handkerchiefs - its uses are varied (7)
I believe the answer is:
tissues
'for wrapping or handkerchiefs' is the definition.
I can't judge whether this definition defines the answer.
'its uses are varied' is the wordplay.
'its' becomes 'tis' (I've seen this before).
'are varied' is an anagram indicator.
'uses' anagrammed gives 'sues'.
'tis'+'sues'='TISSUES'
Can you help me to learn more?
(Other definitions for tissues that I've seen before include "Paper handkerchiefs" , "Sheets of very thin paper" , "Soft, thin pieces of paper" , "Paper hankies" , "not to be sneezed at? Au contraire!" .)