HSN Code 44072200 represents Virola/Imbuia/Balsa under GST classification. This code helps businesses identify Virola/Imbuia/Balsa correctly for billing, taxation, and trade. With HSN Code 44072200, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Virola/Imbuia/Balsa.
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HSN Code 44072200 relates to the following description.
Description of Goods
Of tropical wood specified in Sub-heading Note 1 to this Chapter : Virola, Imbuia and balsa
Chapter
44 - Wood and articles of wood; wood charcoal
Sub Chapter
4407 - Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, of a thickness exceeding 6 mm
CGST
9%
SGST
9%
IGST
18%
CESS
0%
Virola/Imbuia/Balsa does not include products with the following descriptions.
Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or endjointed, of a thickness exceeding 6 mm - coniferrous: doglas fir (pscudotsuga menziesie)
Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or endjointed, of a thickness exceeding 6 mm - coniferrous: pine (pinus spp.)
Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or endjointed, of a thickness exceeding 6 mm - coniferrous: other
Coniferrous : Of pine (Pinus spp.)
Coniferrous : Of fir (Abies spp.) and Spruce ( Picea spp.)
Coniferrous : Of S-P-F (spruce (Picea spp.), pine (Pinus spp.) and fir (Abies spp.))
Coniferrous : Of Hem-fir (Western hemlock (Tsuga-heterophylla) and fir (Abies spp.))
Coniferrous : Other: Douglas fir (Pseudotsuga menziesii)
Coniferrous : Other: Other
Of tropical wood specified in Sub-heading Note 1 to this Chapter : Mahogany (Swietenia Spp.)
Of tropical wood specified in Sub-heading Note 1 to this Chapter : Teak
Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or endjointed, of a thickness exceeding 6 mm - of tropical wood specified in sub-heading note 1 to this chapter : virola, mahogany (swietenia spp.) imbuia and balsa
Of tropical wood specified in Sub-heading Note 1 to this Chapter : Dark Red Meranti, Light Red Meranti and Meranti Bakau
Of tropical wood specified in Sub-heading Note 1 to this Chapter : White Lauan, White Meranti, White Seraya, Yellow Meranti and Alan
Of tropical wood specified in Sub-heading Note 1 to this Chapter : Sapelli
Of tropical wood specified in Sub-heading Note 1 to this Chapter : Iroko
Of tropical wood specified in Sub-heading Note 1 to this Chapter : Other : Other
29 wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or endjointed, of a thickness exceeding 6 mm - of tropical wood specified in sub-heading note 1 to this chapter : other : teak wood
29 wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or endjointed, of a thickness exceeding 6 mm - of tropical wood specified in sub-heading note 1 to this chapter : other : other
Other : Of oak (Quercus Spp.)
Other : Of beech (Fagus Spp.)
Other : Of maple (Acer spp.)
Other : Of cherry (Prunus spp.)
Other : Of ash (Fraxinus spp.)
Other : Of birch (Betula spp.)
Other : Of poplar and aspen (Populus spp.)
Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or endjointed, of a thickness exceeding 6 mm - other : other : of birch (betula spp.)
Other : Other : Willow
Other : Other : Other
Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or endjointed, of a thickness exceeding 6 mm - coniferrous: doglas fir (pscudotsuga menziesie)
Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or endjointed, of a thickness exceeding 6 mm - coniferrous: pine (pinus spp.)
Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or endjointed, of a thickness exceeding 6 mm - coniferrous: other
Coniferrous : Of pine (Pinus spp.)
Coniferrous : Of fir (Abies spp.) and Spruce ( Picea spp.)
Coniferrous : Of S-P-F (spruce (Picea spp.), pine (Pinus spp.) and fir (Abies spp.))
Coniferrous : Of Hem-fir (Western hemlock (Tsuga-heterophylla) and fir (Abies spp.))
Coniferrous : Other: Douglas fir (Pseudotsuga menziesii)
Coniferrous : Other: Other
Of tropical wood specified in Sub-heading Note 1 to this Chapter : Mahogany (Swietenia Spp.)
Of tropical wood specified in Sub-heading Note 1 to this Chapter : Teak
Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or endjointed, of a thickness exceeding 6 mm - of tropical wood specified in sub-heading note 1 to this chapter : virola, mahogany (swietenia spp.) imbuia and balsa
Of tropical wood specified in Sub-heading Note 1 to this Chapter : Dark Red Meranti, Light Red Meranti and Meranti Bakau
Of tropical wood specified in Sub-heading Note 1 to this Chapter : White Lauan, White Meranti, White Seraya, Yellow Meranti and Alan
Of tropical wood specified in Sub-heading Note 1 to this Chapter : Sapelli
Of tropical wood specified in Sub-heading Note 1 to this Chapter : Iroko
Of tropical wood specified in Sub-heading Note 1 to this Chapter : Other : Other
29 wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or endjointed, of a thickness exceeding 6 mm - of tropical wood specified in sub-heading note 1 to this chapter : other : teak wood
29 wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or endjointed, of a thickness exceeding 6 mm - of tropical wood specified in sub-heading note 1 to this chapter : other : other
Other : Of oak (Quercus Spp.)
Other : Of beech (Fagus Spp.)
Other : Of maple (Acer spp.)
Other : Of cherry (Prunus spp.)
Other : Of ash (Fraxinus spp.)
Other : Of birch (Betula spp.)
Other : Of poplar and aspen (Populus spp.)
Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or endjointed, of a thickness exceeding 6 mm - other : other : of birch (betula spp.)
Other : Other : Willow
Other : Other : Other
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹342 Cr
0.0056% of India’s total imports
Trade Balance
FY 2024-25−₹341 Cr
Surplus rank #11661 of 12657 HSN codes
% of Sub-Chapter 4407
FY 2024-251.05%
Share of Sub-Chapter 4407’s total exports in FY 2024-25
Import side: 7.75% of Sub-Chapter 4407’s imports
Rank Within Sub-Chapter 4407
FY 2024-25#7 of 30
Position by export value among HSN codes in Sub-Chapter 4407
Import-side rank: #5 of 30
At a glance
108.01%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#8424
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+4,933.33%
Peak Growth Year
FY 2020-21 · strongest single-year move
1.05%
Contribution to Sub-Ch. 4407
Share of Sub-Chapter 4407 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
−86.39
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.03% of Sub-Ch. 4407
Imports
86.40 ₹ Cr
0.0024% share
— YoY
2.79% of Sub-Ch. 4407
Balance
−170.80
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+200.00% YoY
0.15% of Sub-Ch. 4407
Imports
170.83 ₹ Cr
0.0051% share
+97.72% YoY
5.47% of Sub-Ch. 4407
Balance
−116.54
Exports
1.51 ₹ Cr
0.0001% share
+4,933.33% YoY
5.57% of Sub-Ch. 4407
Imports
118.05 ₹ Cr
0.0041% share
−30.90% YoY
4.35% of Sub-Ch. 4407
Balance
−163.57
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 4407
Imports
163.57 ₹ Cr
0.0036% share
+38.56% YoY
5.36% of Sub-Ch. 4407
Balance
−159.52
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 4407
Imports
159.52 ₹ Cr
0.0028% share
−2.48% YoY
3.98% of Sub-Ch. 4407
Balance
−209.98
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.11% of Sub-Ch. 4407
Imports
210.04 ₹ Cr
0.0037% share
+31.67% YoY
5.66% of Sub-Ch. 4407
Balance
−341.39
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+1,250.00% YoY
1.05% of Sub-Ch. 4407
Imports
342.20 ₹ Cr
0.0056% share
+62.92% YoY
7.75% of Sub-Ch. 4407
CAGR · 7-Year
Exports
108.01% /yr
Imports
25.78% /yr
reference, FY 2024-25
Export
₹76.89 Cr
Import
₹4,417.60 Cr
Trade Balance
−4,340.71
India's exports under HSN Code 44072200 have grown at a compound annual rate of 108.01% over 7 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹0.81 Crore in FY 2024-25.
In FY 2024-25, HSN Code 44072200 ranks #8424 out of 12657 HSN codes by total export value. Within Sub-Chapter 4407, it ranks #7 of 30. By trade surplus, it ranks #11661 of 12657.
The strongest single-year export movement for HSN Code 44072200 was recorded in FY 2020-21, when exports surged by 4,933.33% over the prior year.
In FY 2024-25, India's imports of ₹342.20 Cr exceeded exports of ₹0.81 Cr, resulting in a trade deficit of ₹341.39 Crore — ranking #11661 of 12657 by surplus magnitude.
India's imports under HSN Code 44072200 have grown at 25.78% CAGR, reaching ₹342.20 Crore in FY 2024-25.
Among the 30 HSN codes under Sub-Chapter 4407, HSN Code 44072200 ranks #7 by export value — accounting for 1.05% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 7.75% share (rank #5).
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Clear answers to common queries about HSN Code 44072200 and GST compliance.
It includes Virola/Imbuia/Balsa
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.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Under HSN 44072200, Virola/Imbuia/Balsa attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.