--- title: "HSN Code for Laminated Veneered Lumber (LVL), Coniferous Outer Plies | HSN 44124900 GST Rate" description: "Find HSN and GST Rates for 44124900 related to Laminated Veneered Lumber (LVL), Coniferous Outer Plies with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-44124900/" --- # HSN Code 44124900: Laminated Veneered Lumber (LVL), Coniferous Outer Plies - [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 | | --- | --- | --- | --- | --- | | Laminated veneered lumber (LVL): Other, with both outer plies of coniferous wood | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 44124900 ? It includes Laminated Veneered Lumber (LVL), Coniferous Outer Plies ### Can we claim ITC on inputs used to trade Laminated Veneered Lumber (LVL), Coniferous Outer Plies? 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 Laminated Veneered Lumber (LVL), Coniferous Outer Plies is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Laminated Veneered Lumber (LVL), Coniferous Outer Plies; Nil for exempt items if applicable). ### Any common misclassification issue with Laminated Veneered Lumber (LVL), Coniferous Outer Plies? 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 Laminated Veneered Lumber (LVL), Coniferous Outer Plies? 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 Laminated Veneered Lumber (LVL), Coniferous Outer Plies? 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. ## India's trade performance: HSN Code 44124900 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−66.67% YoY) — 0.0000% of India's total exports - Imports: ₹3 Cr (+2.46% YoY) — 0.0000% of India's total imports - Trade balance: −₹3 Cr (Deficit); surplus rank #8358 of 12657 HSN codes - Share of Sub-Chapter 4412: 0.00% of its exports; import side 0.12% - Rank within Sub-Chapter 4412: #22 of 88 by export value; import-side #13 ### Key metrics - National export rank: #10437 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: −40.00% in FY 2023-24 - Contribution to Sub-Ch. 4412: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 44124900 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 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2020-21 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2021-22 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2022-23 | < ₹1 Crore | 0.0000% | — | 0.01% | 1.31 | 0.0000% | — | 0.12% | −1.26 | #9890 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −40.00% | 0.01% | 2.85 | 0.0001% | +117.56% | 0.16% | −2.82 | #10223 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −66.67% | 0.00% | 2.92 | 0.0000% | +2.46% | 0.12% | −2.91 | #10437 | ## Key trade insights: HSN Code 44124900 export-import analysis ### Export snapshot for HSN Code 44124900 India exported ₹0.01 Crore worth of Laminated Veneered Lumber (LVL), Coniferous Outer Plies in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 44124900 ranked #10437 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 44124900 ranks #10437 out of 12657 HSN codes by total export value. Within Sub-Chapter 4412, it ranks #22 of 88. By trade surplus, it ranks #8358 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 44124900 exports The strongest single-year export movement for HSN Code 44124900 was recorded in FY 2023-24, when exports declined by 40.00% over the prior year. ### India records a trade deficit of ₹2.91 Crore in HSN Code 44124900 goods In FY 2024-25, India's imports of ₹2.92 Cr exceeded exports of ₹0.01 Cr, resulting in a trade deficit of ₹2.91 Crore — ranking #8358 of 12657 by surplus magnitude. ### HSN Code 44124900 contributes 0.00% of Sub-Chapter 4412 exports — ranked #22 Among the 88 HSN codes under Sub-Chapter 4412, HSN Code 44124900 ranks #22 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.12% share (rank #13). ## 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](https://busy.in/hsn/hsn-44123310/) | < ₹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 | | #22 | HSN Code 44124900: Laminated Veneered Lumber (LVL), Coniferous Outer Plies (this hsn code) | < ₹1 Crore |