HSN Code 44160099 represents Wood Tools/Handles/Lasts under GST classification. This code helps businesses identify Wood Tools/Handles/Lasts correctly for billing, taxation, and trade. With HSN Code 44160099, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Wood Tools/Handles/Lasts.
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HSN Code 44160099 relates to the following description.
Description of Goods
Casks, barrels, vats, tubs and other coopers’ products and parts thereof, of wood, including staves : Parts (of wood) : Other
Chapter
44 - Wood and articles of wood; wood charcoal
Sub Chapter
4416 - Casks, barrels, vats, tubs and other coopers’ products and parts thereof, of wood, including staves
CGST
6%
SGST
6%
IGST
12%
CESS
0%
Wood Tools/Handles/Lasts does not include products with the following descriptions.
Casks, barrels, vats, tubs and other coopers’ products and parts thereof, of wood, including staves : Casks, barrels, vats and tubs
Casks, barrels, vats, tubs and other coopers’ products and parts thereof, of wood, including staves : Other coopers’ products
Casks, barrels, vats, tubs and other coopers’ products and parts thereof, of wood, including staves : Parts (of wood) : Riven or sawn staves of wood not further prepared
Casks, barrels, vats, tubs and other coopers’ products and parts thereof, of wood, including staves : Casks, barrels, vats and tubs
Casks, barrels, vats, tubs and other coopers’ products and parts thereof, of wood, including staves : Other coopers’ products
Casks, barrels, vats, tubs and other coopers’ products and parts thereof, of wood, including staves : Parts (of wood) : Riven or sawn staves of wood not further prepared
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹2 Cr
0.0000% of India’s total imports
Trade Balance
FY 2024-25−₹1 Cr
Surplus rank #8008 of 12657 HSN codes
% of Sub-Chapter 4416
FY 2024-2533.33%
Share of Sub-Chapter 4416’s total exports in FY 2024-25
Import side: 1.09% of Sub-Chapter 4416’s imports
Rank Within Sub-Chapter 4416
FY 2024-25#2 of 4
Position by export value among HSN codes in Sub-Chapter 4416
Import-side rank: #2 of 4
At a glance
−22.12%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#9301
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+385.71%
Peak Growth Year
FY 2021-22 · strongest single-year move
33.33%
Contribution to Sub-Ch. 4416
Share of Sub-Chapter 4416 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
+1.01
Exports
1.12 ₹ Cr
0.0000% share
— YoY
73.20% of Sub-Ch. 4416
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.66% of Sub-Ch. 4416
Balance
−7.49
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−93.75% YoY
25.93% of Sub-Ch. 4416
Imports
7.56 ₹ Cr
0.0002% share
+6,772.73% YoY
46.67% of Sub-Ch. 4416
Balance
−13.04
Exports
< ₹1 Crore ₹ Cr
0.0000% share
0.00% YoY
23.33% of Sub-Ch. 4416
Imports
13.11 ₹ Cr
0.0004% share
+73.41% YoY
57.45% of Sub-Ch. 4416
Balance
−0.68
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+385.71% YoY
85.00% of Sub-Ch. 4416
Imports
1.02 ₹ Cr
0.0000% share
−92.22% YoY
7.02% of Sub-Ch. 4416
Balance
−2.79
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+58.82% YoY
44.63% of Sub-Ch. 4416
Imports
3.33 ₹ Cr
0.0001% share
+226.47% YoY
10.80% of Sub-Ch. 4416
Balance
−8.21
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−62.96% YoY
31.75% of Sub-Ch. 4416
Imports
8.41 ₹ Cr
0.0001% share
+152.55% YoY
15.10% of Sub-Ch. 4416
Balance
−1.30
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+25.00% YoY
33.33% of Sub-Ch. 4416
Imports
1.55 ₹ Cr
0.0000% share
−81.57% YoY
1.09% of Sub-Ch. 4416
CAGR · 7-Year
Exports
−22.12% /yr
Imports
55.41% /yr
reference, FY 2024-25
Export
₹0.75 Cr
Import
₹142.51 Cr
Trade Balance
−141.76
India's exports under HSN Code 44160099 have declined at a compound annual rate of −22.12% over 7 fiscal years, falling from ₹1.12 Crore in FY 2018-19 to ₹0.25 Crore in FY 2024-25.
In FY 2024-25, HSN Code 44160099 ranks #9301 out of 12657 HSN codes by total export value. Within Sub-Chapter 4416, it ranks #2 of 4. By trade surplus, it ranks #8008 of 12657.
The strongest single-year export movement for HSN Code 44160099 was recorded in FY 2021-22, when exports surged by 385.71% over the prior year.
In FY 2024-25, India's imports of ₹1.55 Cr exceeded exports of ₹0.25 Cr, resulting in a trade deficit of ₹1.30 Crore — ranking #8008 of 12657 by surplus magnitude.
India's imports under HSN Code 44160099 have grown at 55.41% CAGR, reaching ₹1.55 Crore in FY 2024-25.
Among the 4 HSN codes under Sub-Chapter 4416, HSN Code 44160099 ranks #2 by export value — accounting for 33.33% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.09% share (rank #2).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 44160099 and GST compliance.
It includes Wood Tools/Handles/Lasts
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Wood Tools/Handles/Lasts; Nil for exempt items if applicable).
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.
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.
Under HSN 44160099, Wood Tools/Handles/Lasts attracts Varies when sold in taxable form. Describe the exact form on the invoice.