--- title: "HSN Code for Semul Wood | HSN 44039923 GST Rate" description: "Find HSN and GST Rates for 44039923 related to Semul Wood with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-44039923/" --- # HSN Code 44039923: Semul Wood - [Section 09: Guide to HSN Section 09](https://busy.in/hsn/section-09/) - [Chapter 44: Wood and Articles of Wood; Wood Charcoal](https://busy.in/hsn/chapter-44/) - [Sub-chapter 4403: Seamless iron & steel pipes](https://busy.in/hsn/sub-chapter-4403/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other : Other : Sal (Chorea robusta) Sandal wood (Santalum albur) Semul (Bombax ceiba) Walnut wood (Juglans binata) Anjam (Hardwickia binata) Birch (Betula Spp.) Sissoo (Dalbergia sisso) and White cedar (Dysozylum) and the like : Semul (Bombax ceiba) | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 44039923 ? It includes Semul Wood ### How much GST applies to Semul Wood? Under HSN 44039923, Semul Wood attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Semul Wood? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Does packaging or labelling change the GST for Semul Wood? For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading. ### Do e‑way bill and e‑invoice apply for Semul Wood? e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies. ### How should mixed supplies be billed when Semul Wood is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Semul Wood; Nil for exempt items if applicable). ## India's trade performance: HSN Code 44039923 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore — 0.0000% of India's total exports - Imports: Nil — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #5468 of 12657 HSN codes - Share of Sub-Chapter 4403: 0.04% of its exports; import side 0.00% - Rank within Sub-Chapter 4403: #11 of 56 by export value ### Key metrics - Export CAGR: -4.68% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #10193 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: −75.00% in FY 2019-20 - Contribution to Sub-Ch. 4403: 0.04% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 44039923 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 4403 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4403 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.01% | Nil | 0.0000% | — | 0.00% | +0.04 | #9577 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −75.00% | 0.01% | Nil | 0.0000% | — | 0.00% | +0.01 | #9870 | | FY 2020-21 | Nil | 0.0000% | −100.00% | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2021-22 | < ₹1 Crore | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | +0.01 | #10198 | | FY 2022-23 | Nil | 0.0000% | −100.00% | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2023-24 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2024-25 | < ₹1 Crore | 0.0000% | — | 0.04% | Nil | 0.0000% | — | 0.00% | +0.03 | #10193 | - CAGR (7-year): exports -4.68%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 44039923 export-import analysis ### Export decline: -4.68% CAGR over 7 years India's exports under HSN Code 44039923 have declined at a compound annual rate of -4.68% over 7 fiscal years, falling from ₹0.04 Crore in FY 2018-19 to ₹0.03 Crore in FY 2024-25. ### HSN Code 44039923 ranked #10193 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 44039923 ranks #10193 out of 12657 HSN codes by total export value. Within Sub-Chapter 4403, it ranks #11 of 56. By trade surplus, it ranks #5468 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 44039923 exports The strongest single-year export movement for HSN Code 44039923 was recorded in FY 2019-20, when exports declined by 75.00% over the prior year. ### India maintains a trade surplus of ₹0.03 Crore in HSN Code 44039923 goods In FY 2024-25, India's exports of ₹0.03 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.03 Crore — ranking #5468 of 12657 by surplus magnitude. ### HSN Code 44039923 contributes 0.04% of Sub-Chapter 4403 exports — ranked #11 Among the 56 HSN codes under Sub-Chapter 4403, HSN Code 44039923 ranks #11 by export value — accounting for 0.04% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## Related HSN Codes in Sub-Chapter 4403 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 44039918: Red Sanders (Pterocarpus Santalinus)](https://busy.in/hsn/hsn-44039918/) | ₹60 Cr | | #2 | [HSN Code 44039922: Sandal Wood](https://busy.in/hsn/hsn-44039922/) | ₹5 Cr | | #3 | [HSN Code 44039919: Rose Wood (Dalbergea Latifolio)](https://busy.in/hsn/hsn-44039919/) | ₹3 Cr | | #4 | [HSN Code 44039800: Other \| Of Eucalyptus (Eucalyptus Spp.)](https://busy.in/hsn/hsn-44039800/) | ₹1 Cr | | #5 | [HSN Code 44039990: Other Wood (Sal/Sandal/Semul/Walnut/Sissoo/Cedar)](https://busy.in/hsn/hsn-44039990/) | ₹1 Cr | | #6 | [HSN Code 44034200: Other, Of Tropical Wood \| Teak](https://busy.in/hsn/hsn-44034200/) | < ₹1 Crore | | #7 | [HSN Code 44032190: Hardwood Timber, Unassembled](https://busy.in/hsn/hsn-44032190/) | < ₹1 Crore | | #8 | [HSN Code 44032610: Saw logs and veneer logs](https://busy.in/hsn/hsn-44032610/) | < ₹1 Crore | | #9 | [HSN Code 44032690: Other, Coniferous \| Other\| Other](https://busy.in/hsn/hsn-44032690/) | < ₹1 Crore | | #10 | [HSN Code 44034900: Other, of tropical wood: Other](https://busy.in/hsn/hsn-44034900/) | < ₹1 Crore | | #11 | HSN Code 44039923: Semul Wood (this hsn code) | < ₹1 Crore |