--- title: "HSN Code for Particle insulation and hardboard | HSN 44101120 GST Rate" description: "Find HSN and GST Rates for 44101120 related to Particle insulation and hardboard with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-44101120/" --- # HSN Code 44101120: Particle insulation and hardboard - [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 4410: Particle board, wood/agglomerates](https://busy.in/hsn/sub-chapter-4410/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Of wood : Particle board : Insulation board and hardboard | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 44101120 ? It includes Particle insulation and hardboard ### How much GST applies to Particle insulation and hardboard? Under HSN 44101120, Particle insulation and hardboard attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Particle insulation and hardboard? 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. ### Any common misclassification issue with Particle insulation and hardboard? 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 Particle insulation and hardboard? 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 Particle insulation and hardboard is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Particle insulation and hardboard; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Particle insulation and hardboard? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 44101120 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (0.00% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore (+107.69% YoY) — 0.0000% of India's total imports - Trade balance: −< ₹1 Crore (Deficit); surplus rank #7712 of 12657 HSN codes - Share of Sub-Chapter 4410: 0.02% of its exports; import side 0.30% - Rank within Sub-Chapter 4410: #9 of 38 by export value; import-side #8 ### Key metrics - Export CAGR: -30.66% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #10437 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +900.00% in FY 2022-23 - Contribution to Sub-Ch. 4410: 0.02% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 44101120 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. 4410 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4410 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.19% | < ₹1 Crore | 0.0000% | — | 0.07% | −0.10 | #9231 | | FY 2019-20 | Nil | 0.0000% | −100.00% | 0.00% | < ₹1 Crore | 0.0000% | −57.89% | 0.03% | −0.08 | — | | FY 2020-21 | < ₹1 Crore | 0.0000% | — | 0.71% | < ₹1 Crore | 0.0000% | 0.00% | 0.04% | +0.19 | #8674 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −81.48% | 0.08% | < ₹1 Crore | 0.0000% | −75.00% | 0.01% | +0.03 | #9808 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +900.00% | 0.69% | < ₹1 Crore | 0.0000% | +3,400.00% | 0.29% | −0.20 | #8672 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −98.00% | 0.02% | < ₹1 Crore | 0.0000% | −62.86% | 0.12% | −0.25 | #10473 | | FY 2024-25 | < ₹1 Crore | 0.0000% | 0.00% | 0.02% | < ₹1 Crore | 0.0000% | +107.69% | 0.30% | −0.53 | #10437 | - CAGR (7-year): exports -30.66%/yr, imports 19.02%/yr (consistently Deficit) ## Key trade insights: HSN Code 44101120 export-import analysis ### Export decline: -30.66% CAGR over 7 years India's exports under HSN Code 44101120 have declined at a compound annual rate of -30.66% over 7 fiscal years, falling from ₹0.09 Crore in FY 2018-19 to ₹0.01 Crore in FY 2024-25. ### HSN Code 44101120 ranked #10437 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 44101120 ranks #10437 out of 12657 HSN codes by total export value. Within Sub-Chapter 4410, it ranks #9 of 38. By trade surplus, it ranks #7712 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 44101120 exports The strongest single-year export movement for HSN Code 44101120 was recorded in FY 2022-23, when exports surged by 900.00% over the prior year. ### India records a trade deficit of ₹0.53 Crore in HSN Code 44101120 goods In FY 2024-25, India's imports of ₹0.54 Cr exceeded exports of ₹0.01 Cr, resulting in a trade deficit of ₹0.53 Crore — ranking #7712 of 12657 by surplus magnitude. ### Import growth of 19.02% CAGR signals rising demand for Particle insulation and hardboard India's imports under HSN Code 44101120 have grown at 19.02% CAGR, reaching ₹0.54 Crore in FY 2024-25. ### HSN Code 44101120 contributes 0.02% of Sub-Chapter 4410 exports — ranked #9 Among the 38 HSN codes under Sub-Chapter 4410, HSN Code 44101120 ranks #9 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.30% share (rank #8). ## Related HSN Codes in Sub-Chapter 4410 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 44101190: Of Wood \| Particle Board](https://busy.in/hsn/hsn-44101190/) | ₹43 Cr | | #2 | [HSN Code 44101110: Of wood : Particle board : Plain particle boards](https://busy.in/hsn/hsn-44101110/) | ₹8 Cr | | #3 | [HSN Code 44109090: Other Ligneous Boards](https://busy.in/hsn/hsn-44109090/) | ₹7 Cr | | #4 | [HSN Code 44109010: Other \| Plain Particle Board](https://busy.in/hsn/hsn-44109010/) | ₹1 Cr | | #5 | [HSN Code 44101210: Oriented Strand Board (OSB), Sanded](https://busy.in/hsn/hsn-44101210/) | < ₹1 Crore | | #6 | [HSN Code 44101130: Veneered Particle Board (Non-Decorative Veneers)](https://busy.in/hsn/hsn-44101130/) | < ₹1 Crore | | #7 | [HSN Code 44101900: Of Wood \| Other](https://busy.in/hsn/hsn-44101900/) | < ₹1 Crore | | #8 | [HSN Code 44101290: Of wood : Oriented strand board (OSB) : Other](https://busy.in/hsn/hsn-44101290/) | < ₹1 Crore | | #9 | HSN Code 44101120: Particle insulation and hardboard (this hsn code) | < ₹1 Crore | | #9 | [HSN Code 44109030: Veneered Particle Board Without Decorative Veneers](https://busy.in/hsn/hsn-44109030/) | < ₹1 Crore |