HSN Code 44081020: Oak wood veneer

HSN Code 44081020 represents Oak wood veneer under GST classification. This code helps businesses identify Oak wood veneer correctly for billing, taxation, and trade. With HSN Code 44081020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Oak wood veneer.

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Description of Goods for HSN Code 44081020

HSN Code 44081020 relates to the following description.

Description of Goods

Coniferous : Oak wood veneer

Chapter

44 - Wood and articles of wood; wood charcoal

Sub Chapter

4408 - Sheets for veneering (including those obtained by slicing laminated wood), for plywood or for similar laminated wood and other wood, sawn lengthwise, sliced or peeled, whether or not planed, sanded, spliced or end-jointed, of a thickness not exceeding 6 mm

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 44081020 not include?

Oak wood veneer does not include products with the following descriptions.

Coniferous : Veneer sheets, for match boxes and match splints (for match splints)

Of tropical wood specified in Sub-heading Note 1 to this Chapter : Of Dark Red Meranti, Light Red Meranti and Meranti Bakau : Sheets for plywood

Of tropical wood specified in Sub-heading Note 1 to this Chapter : Of Dark Red Meranti, Light Red Meranti and Meranti Bakau : Veneer sheets (of Rose wood)

Of tropical wood specified in Sub-heading Note 1 to this Chapter : Of Dark Red Meranti, Light Red Meranti and Meranti Bakau : Veneer sheets, for match boxes and match splints (for match splints)

Of tropical wood specified in Sub-heading Note 1 to this Chapter : Of Dark Red Meranti, Light Red Meranti and Meranti Bakau : Veneer sheets, for match boxes and other than match splints

Of tropical wood specified in Sub-heading Note 1 to this Chapter : Of Dark Red Meranti, Light Red Meranti and Meranti Bakau : Other

Of tropical wood specified in Sub-heading Note 1 to this Chapter : Other : Sheets for plywoods

Of tropical wood specified in Sub-heading Note 1 to this Chapter : Other : Veneer sheets (of Rose wood)

Of tropical wood specified in Sub-heading Note 1 to this Chapter : Other : Veneer sheets, for match boxes and match splints (for match splints)

Of tropical wood specified in Sub-heading Note 1 to this Chapter : Other : Veneer sheets, for match boxes and other than match splints

Of tropical wood specified in Sub-heading Note 1 to this Chapter : Other : Other

Other : Veneer sheets, for match boxes and match plints (for match splints)

India’s Trade Performance — HSN Code 44081020 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

₹1 Cr

−63.12% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹44 Cr

+427.81% vs FY 2023-24

0.0007% of India’s total imports

Trade Balance

FY 2024-25

−₹43 Cr

Trade Deficit

Surplus rank #10127 of 12657 HSN codes

% of Sub-Chapter 4408

FY 2024-25

0.40%

Share of Sub-Chapter 4408’s total exports in FY 2024-25

Import side: 1.34% of Sub-Chapter 4408’s imports

Rank Within Sub-Chapter 4408

FY 2024-25

#9 of 15

Position by export value among HSN codes in Sub-Chapter 4408

Import-side rank: #6 of 15

At a glance

−16.64%

Export CAGR

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

#8214

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+123.78%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.40%

Contribution to Sub-Ch. 4408

Share of Sub-Chapter 4408 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 44081020

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 #6423

Balance

−4.88

Exports

3.10 ₹ Cr

0.0001% share

YoY

1.95% of Sub-Ch. 4408

Imports

7.98 ₹ Cr

0.0002% share

YoY

0.46% of Sub-Ch. 4408

FY 2019-20 Exp. Rank #5690

Balance

+2.96

Exports

5.72 ₹ Cr

0.0003% share

+84.52% YoY

3.76% of Sub-Ch. 4408

Imports

2.76 ₹ Cr

0.0001% share

−65.41% YoY

0.15% of Sub-Ch. 4408

FY 2020-21 Exp. Rank #4782

Balance

+10.73

Exports

12.80 ₹ Cr

0.0006% share

+123.78% YoY

6.91% of Sub-Ch. 4408

Imports

2.07 ₹ Cr

0.0001% share

−25.00% YoY

0.14% of Sub-Ch. 4408

FY 2021-22 Exp. Rank #6636

Balance

+0.69

Exports

3.94 ₹ Cr

0.0001% share

−69.22% YoY

1.62% of Sub-Ch. 4408

Imports

3.25 ₹ Cr

0.0001% share

+57.00% YoY

0.15% of Sub-Ch. 4408

FY 2022-23 Exp. Rank #7411

Balance

−2.06

Exports

2.05 ₹ Cr

0.0001% share

−47.97% YoY

0.67% of Sub-Ch. 4408

Imports

4.11 ₹ Cr

0.0001% share

+26.46% YoY

0.19% of Sub-Ch. 4408

FY 2023-24 Exp. Rank #7212

Balance

−5.45

Exports

2.82 ₹ Cr

0.0001% share

+37.56% YoY

0.78% of Sub-Ch. 4408

Imports

8.27 ₹ Cr

0.0001% share

+101.22% YoY

0.28% of Sub-Ch. 4408

FY 2024-25 Exp. Rank #8214

Balance

−42.61

Exports

1.04 ₹ Cr

0.0000% share

−63.12% YoY

0.40% of Sub-Ch. 4408

Imports

43.65 ₹ Cr

0.0007% share

+427.81% YoY

1.34% of Sub-Ch. 4408

CAGR · 7-Year

Exports

−16.64% /yr

Imports

32.74% /yr

Consistently Deficit
Sub-Chapter 4408 total

reference, FY 2024-25

Export

₹258.53 Cr

Import

₹3,264.91 Cr

Trade Balance

−3,006.38

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

Key Trade Insights: HSN Code 44081020 Export-Import Analysis

Export Decline: −16.64% CAGR Over 7 Years

India's exports under HSN Code 44081020 have declined at a compound annual rate of −16.64% over 7 fiscal years, falling from ₹3.10 Crore in FY 2018-19 to ₹1.04 Crore in FY 2024-25.

HSN Code 44081020 Ranked #8214 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 44081020 ranks #8214 out of 12657 HSN codes by total export value. Within Sub-Chapter 4408, it ranks #9 of 15. By trade surplus, it ranks #10127 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 44081020 Exports

The strongest single-year export movement for HSN Code 44081020 was recorded in FY 2020-21, when exports surged by 123.78% over the prior year.

India Records a Trade Deficit of ₹42.61 Crore in HSN Code 44081020 Goods

In FY 2024-25, India's imports of ₹43.65 Cr exceeded exports of ₹1.04 Cr, resulting in a trade deficit of ₹42.61 Crore — ranking #10127 of 12657 by surplus magnitude.

Import Growth of 32.74% CAGR Signals Rising Demand for Oak wood veneer

India's imports under HSN Code 44081020 have grown at 32.74% CAGR, reaching ₹43.65 Crore in FY 2024-25.

HSN Code 44081020 Contributes 0.40% of Sub-Chapter 4408 Exports — Ranked #9

Among the 15 HSN codes under Sub-Chapter 4408, HSN Code 44081020 ranks #9 by export value — accounting for 0.40% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.34% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 44081020 and GST compliance.

What products are classified under HSN 44081020 ?

It includes Oak wood veneer

Can we claim ITC on inputs used to trade Oak wood veneer?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

How much GST applies to Oak wood veneer?

Under HSN 44081020, Oak wood veneer attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Oak wood veneer?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Do e‑way bill and e‑invoice apply for Oak wood veneer?

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.

Does packaging or labelling change the GST for Oak wood veneer?

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.

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.