---
title: "HSN Code for Decorative plywood | HSN 44123310 GST Rate"
description: "Find HSN and GST Rates for 44123310 related to Decorative plywood with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-44123310/"
---

# HSN Code 44123310: Decorative plywood

- [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 4412: Laminated Plywood, Veneered Panels](https://busy.in/hsn/sub-chapter-4412/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Other plywood, consisting solely of sheets of wood (other than bamboo), each ply not exceeding 6 mm thickness : Other, with at least one outer ply of non-coniferous wood of the species alder (Alnus spp.), ash (Fraxinus spp.), beech (Fagus spp.), birch (Betula spp.), cherry (Prunus spp.), chestnut (Castanea spp.), elm (Ulmus spp.), eucalyptus (Eucalyptus spp.), hickory (Carya spp.), horse chestnut (Aesculus spp.), lime (Tilia spp.), maple (Acer spp.), oak (Quercus spp.), plane tree (Platanus spp.), poplar and aspen (Populus spp.), robinia (Robinia spp.), tulipwood (Liriodendron spp.) or walnut (Juglans spp.): Decorative plywood | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 44123310 ?

It includes Decorative plywood

### Does packaging or labelling change the GST for Decorative plywood?

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 Decorative plywood?

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

### Can we claim ITC on inputs used to trade Decorative plywood?

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

### How should mixed supplies be billed when Decorative plywood is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Decorative plywood; Nil for exempt items if applicable).

### How much GST applies to Decorative plywood?

Under HSN 44123310, Decorative plywood attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 44123310 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: < ₹1 Crore (+84.09% YoY) — 0.0000% of India's total exports
- Imports: ₹42 Cr (+23.50% YoY) — 0.0007% of India's total imports
- Trade balance: −₹41 Cr (Deficit); surplus rank #10096 of 12657 HSN codes
- Share of Sub-Chapter 4412: 0.18% of its exports; import side 1.69%
- Rank within Sub-Chapter 4412: #7 of 88 by export value; import-side #7

### Key metrics

- Export CAGR: 9.11% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #8424 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +315.38% in FY 2020-21
- Contribution to Sub-Ch. 4412: 0.18% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 44123310

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. 4412 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4412 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.21% | 10.91 | 0.0003% | — | 1.32% | −10.43 | #8208 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | −45.83% | 0.11% | 8.88 | 0.0003% | −18.61% | 1.20% | −8.62 | #8661 |
| FY 2020-21 | 1.08 | 0.0001% | +315.38% | 0.39% | 13.16 | 0.0005% | +48.20% | 2.18% | −12.08 | #7603 |
| FY 2021-22 | 1.29 | 0.0000% | +19.44% | 0.24% | 21.25 | 0.0005% | +61.47% | 2.75% | −19.96 | #7758 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | −86.82% | 0.03% | 26.63 | 0.0005% | +25.32% | 2.49% | −26.46 | #9384 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | +158.82% | 0.09% | 34.04 | 0.0006% | +27.83% | 1.94% | −33.60 | #8903 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | +84.09% | 0.18% | 42.04 | 0.0007% | +23.50% | 1.69% | −41.23 | #8424 |

- CAGR (7-year): exports 9.11%/yr, imports 25.21%/yr (consistently Deficit)

## Key trade insights: HSN Code 44123310 export-import analysis

### Consistent export growth: 9.11% CAGR over 7 years

India's exports under HSN Code 44123310 have grown at a compound annual rate of 9.11% over 7 fiscal years, rising from ₹0.48 Crore in FY 2018-19 to ₹0.81 Crore in FY 2024-25.

### HSN Code 44123310 ranked #8424 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 44123310 ranks #8424 out of 12657 HSN codes by total export value. Within Sub-Chapter 4412, it ranks #7 of 88. By trade surplus, it ranks #10096 of 12657.

### FY 2020-21 was the strongest growth year for HSN Code 44123310 exports

The strongest single-year export movement for HSN Code 44123310 was recorded in FY 2020-21, when exports surged by 315.38% over the prior year.

### India records a trade deficit of ₹41.23 Crore in HSN Code 44123310 goods

In FY 2024-25, India's imports of ₹42.04 Cr exceeded exports of ₹0.81 Cr, resulting in a trade deficit of ₹41.23 Crore — ranking #10096 of 12657 by surplus magnitude.

### Import growth of 25.21% CAGR signals rising demand for Decorative plywood

India's imports under HSN Code 44123310 have grown at 25.21% CAGR, reaching ₹42.04 Crore in FY 2024-25.

### HSN Code 44123310 contributes 0.18% of Sub-Chapter 4412 exports — ranked #7

Among the 88 HSN codes under Sub-Chapter 4412, HSN Code 44123310 ranks #7 by export value — accounting for 0.18% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.69% share (rank #7).

## Related HSN Codes in Sub-Chapter 4412

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 44123190: Other Tropical Tea Chest Panels](https://busy.in/hsn/hsn-44123190/) | ₹199 Cr |
| #2 | [HSN Code 44123990: Other Coniferous Plywood](https://busy.in/hsn/hsn-44123990/) | ₹165 Cr |
| #3 | [HSN Code 44129990: Coniferous wood outer plies](https://busy.in/hsn/hsn-44129990/) | ₹43 Cr |
| #4 | [HSN Code 44123110: Decorative Tropical Wood Plywood](https://busy.in/hsn/hsn-44123110/) | ₹17 Cr |
| #5 | [HSN Code 44123390: Other plywood with non-coniferous wood](https://busy.in/hsn/hsn-44123390/) | ₹10 Cr |
| #6 | [HSN Code 44129910: Decorative Plywood with Outer Plies of Coniferous Wood](https://busy.in/hsn/hsn-44129910/) | ₹1 Cr |
| #7 | HSN Code 44123310: Decorative plywood (this hsn code) | < ₹1 Crore |
| #8 | [HSN Code 44121000: Of Bamboo](https://busy.in/hsn/hsn-44121000/) | < ₹1 Crore |
| #9 | [HSN Code 44123140: Marine/Aircraft Tropical Wood Plywood](https://busy.in/hsn/hsn-44123140/) | < ₹1 Crore |
| #10 | [HSN Code 44123910: Decorative Coniferous Plywood](https://busy.in/hsn/hsn-44123910/) | < ₹1 Crore |