HSN Code 47020000: Chemical wood pulp

HSN Code 47020000 represents Chemical wood pulp under GST classification. This code helps businesses identify Chemical wood pulp correctly for billing, taxation, and trade. With HSN Code 47020000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Chemical wood pulp.

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Description of Goods for HSN Code 47020000

HSN Code 47020000 relates to the following description.

Description of Goods

Chemical wood pulp, dissolving grades

Chapter

47 - Pulp of wood or of other fibrous cellulosic material; recovered (waste and scrap) paper or paperboard

Sub Chapter

4702 - Chemical wood pulp, dissolving grades

CGST

6%

SGST

6%

IGST

12%

CESS

0%

India’s Trade Performance — HSN Code 47020000 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

Nil

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹7,475 Cr

+11.79% vs FY 2023-24

0.1230% of India’s total imports

Trade Balance

FY 2024-25

−₹7,475 Cr

Trade Deficit

Surplus rank #12584 of 12657 HSN codes

India Export-Import Trade Statistics for HSN Code 47020000

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

Balance

−3,492.80

Exports

Nil ₹ Cr

0.0000% share

— YoY

— of Sub-Ch. 4702

Imports

3,492.80 ₹ Cr

0.0974% share

— YoY

100.00% of Sub-Ch. 4702

FY 2019-20 Exp. Rank #9131

Balance

−3,401.05

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

100.00% of Sub-Ch. 4702

Imports

3,401.16 ₹ Cr

0.1016% share

−2.62% YoY

100.00% of Sub-Ch. 4702

FY 2020-21

Balance

−2,467.52

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

— of Sub-Ch. 4702

Imports

2,467.52 ₹ Cr

0.0847% share

−27.45% YoY

100.00% of Sub-Ch. 4702

FY 2021-22

Balance

−5,093.92

Exports

Nil ₹ Cr

0.0000% share

— YoY

— of Sub-Ch. 4702

Imports

5,093.92 ₹ Cr

0.1114% share

+106.44% YoY

100.00% of Sub-Ch. 4702

FY 2022-23

Balance

−5,901.17

Exports

Nil ₹ Cr

0.0000% share

— YoY

— of Sub-Ch. 4702

Imports

5,901.17 ₹ Cr

0.1026% share

+15.85% YoY

100.00% of Sub-Ch. 4702

FY 2023-24

Balance

−6,686.49

Exports

Nil ₹ Cr

0.0000% share

— YoY

— of Sub-Ch. 4702

Imports

6,686.49 ₹ Cr

0.1191% share

+13.31% YoY

100.00% of Sub-Ch. 4702

FY 2024-25

Balance

−7,474.72

Exports

Nil ₹ Cr

0.0000% share

— YoY

— of Sub-Ch. 4702

Imports

7,474.72 ₹ Cr

0.1230% share

+11.79% YoY

100.00% of Sub-Ch. 4702

CAGR · 7-Year

Exports

—

Imports

13.52% /yr

Consistently Deficit
Sub-Chapter 4702 total

reference, FY 2024-25

Export

₹0.00 Cr

Import

₹7,474.72 Cr

Trade Balance

−7,474.72

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

Key Trade Insights: HSN Code 47020000 Export-Import Analysis

Export Snapshot for HSN Code 47020000

India exported ₹0.00 Crore worth of Chemical wood pulp in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2020-21 Was the Strongest Growth Year for HSN Code 47020000 Exports

The strongest single-year export movement for HSN Code 47020000 was recorded in FY 2020-21, when exports declined by 100.00% over the prior year.

India Records a Trade Deficit of ₹7,474.72 Crore in HSN Code 47020000 Goods

In FY 2024-25, India's imports of ₹7,474.72 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹7,474.72 Crore — ranking #12584 of 12657 by surplus magnitude.

Import Growth of 13.52% CAGR Signals Rising Demand for Chemical wood pulp

India's imports under HSN Code 47020000 have grown at 13.52% CAGR, reaching ₹7,474.72 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 47020000 and GST compliance.

What products are classified under HSN 47020000 ?

It includes Unbleached : Coniferous

Do e‑way bill and e‑invoice apply for Chemical wood pulp?

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.

Any common misclassification issue with Chemical wood pulp?

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

Does packaging or labelling change the GST for Chemical wood pulp?

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.

How should mixed supplies be billed when Chemical wood pulp is sold with other items?

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

Can we claim ITC on inputs used to trade Chemical wood pulp?

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

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.