HSN Code 94029020: Furniture Parts

HSN Code 94029020 represents Furniture Parts under GST classification. This code helps businesses identify Furniture Parts correctly for billing, taxation, and trade. With HSN Code 94029020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Furniture Parts.

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Description of Goods for HSN Code 94029020

HSN Code 94029020 relates to the following description.

Description of Goods

Other : Parts

Chapter

94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishing; lamps and lighting fittings, not elsewhere specified or included; illuminated signs, illuminated name-plates and the like; prefabricated building

Sub Chapter

9402 - Medical, surgical, dental or veterinary furniture (for example, operating tables, examination tables, hospital beds with mechanical fittings, dentists' chairs); barbers' chairs and similar chairs, having rotating as well as both reclining and elevating movements; parts of the foregoing articles

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 94029020 not include?

Furniture Parts does not include products with the following descriptions.

HSN Code 94021010

Dentists', barbers' or similar chairs and parts thereof : Dentists' chairs and parts thereof

India’s Trade Performance — HSN Code 94029020 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

₹41 Cr

+15.91% vs FY 2023-24

0.0011% of India’s total exports

India’s Imports

FY 2024-25

₹131 Cr

+32.27% vs FY 2023-24

0.0022% of India’s total imports

Trade Balance

FY 2024-25

−₹90 Cr

Trade Deficit

Surplus rank #10720 of 12657 HSN codes

% of Sub-Chapter 9402

FY 2024-25

21.75%

Share of Sub-Chapter 9402’s total exports in FY 2024-25

Import side: 21.70% of Sub-Chapter 9402’s imports

Rank Within Sub-Chapter 9402

FY 2024-25

#2 of 5

Position by export value among HSN codes in Sub-Chapter 9402

Import-side rank: #2 of 5

At a glance

2.58%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#3911

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+39.29%

Peak Growth Year

FY 2020-21 · strongest single-year move

21.75%

Contribution to Sub-Ch. 9402

Share of Sub-Chapter 9402 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 94029020

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 Exp. Rank #3388

Balance

−10.13

Exports

34.82 ₹ Cr

0.0015% share

— YoY

27.25% of Sub-Ch. 9402

Imports

44.95 ₹ Cr

0.0013% share

— YoY

12.83% of Sub-Ch. 9402

FY 2019-20 Exp. Rank #3813

Balance

−16.67

Exports

25.20 ₹ Cr

0.0011% share

−27.63% YoY

21.31% of Sub-Ch. 9402

Imports

41.87 ₹ Cr

0.0013% share

−6.85% YoY

11.18% of Sub-Ch. 9402

FY 2020-21 Exp. Rank #3441

Balance

−31.99

Exports

35.10 ₹ Cr

0.0016% share

+39.29% YoY

15.13% of Sub-Ch. 9402

Imports

67.09 ₹ Cr

0.0023% share

+60.23% YoY

21.70% of Sub-Ch. 9402

FY 2021-22 Exp. Rank #3579

Balance

−65.61

Exports

42.88 ₹ Cr

0.0014% share

+22.17% YoY

22.41% of Sub-Ch. 9402

Imports

108.49 ₹ Cr

0.0024% share

+61.71% YoY

22.75% of Sub-Ch. 9402

FY 2022-23 Exp. Rank #4089

Balance

−80.37

Exports

31.59 ₹ Cr

0.0009% share

−26.33% YoY

18.17% of Sub-Ch. 9402

Imports

111.96 ₹ Cr

0.0019% share

+3.20% YoY

22.42% of Sub-Ch. 9402

FY 2023-24 Exp. Rank #4042

Balance

−63.93

Exports

35.01 ₹ Cr

0.0010% share

+10.83% YoY

18.62% of Sub-Ch. 9402

Imports

98.94 ₹ Cr

0.0018% share

−11.63% YoY

18.98% of Sub-Ch. 9402

FY 2024-25 Exp. Rank #3911

Balance

−90.29

Exports

40.58 ₹ Cr

0.0011% share

+15.91% YoY

21.75% of Sub-Ch. 9402

Imports

130.87 ₹ Cr

0.0022% share

+32.27% YoY

21.70% of Sub-Ch. 9402

CAGR · 7-Year

Exports

2.58% /yr

Imports

19.50% /yr

Consistently Deficit
Sub-Chapter 9402 total

reference, FY 2024-25

Export

₹186.61 Cr

Import

₹603.21 Cr

Trade Balance

−416.60

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

Key Trade Insights: HSN Code 94029020 Export-Import Analysis

Consistent Export Growth: 2.58% CAGR Over 7 Years

India's exports under HSN Code 94029020 have grown at a compound annual rate of 2.58% over 7 fiscal years, rising from ₹34.82 Crore in FY 2018-19 to ₹40.58 Crore in FY 2024-25.

HSN Code 94029020 Ranked #3911 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 94029020 ranks #3911 out of 12657 HSN codes by total export value. Within Sub-Chapter 9402, it ranks #2 of 5. By trade surplus, it ranks #10720 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 94029020 Exports

The strongest single-year export movement for HSN Code 94029020 was recorded in FY 2020-21, when exports surged by 39.29% over the prior year.

India Records a Trade Deficit of ₹90.29 Crore in HSN Code 94029020 Goods

In FY 2024-25, India's imports of ₹130.87 Cr exceeded exports of ₹40.58 Cr, resulting in a trade deficit of ₹90.29 Crore — ranking #10720 of 12657 by surplus magnitude.

Import Growth of 19.50% CAGR Signals Rising Demand for Furniture Parts

India's imports under HSN Code 94029020 have grown at 19.50% CAGR, reaching ₹130.87 Crore in FY 2024-25.

HSN Code 94029020 Contributes 21.75% of Sub-Chapter 9402 Exports — Ranked #2

Among the 5 HSN codes under Sub-Chapter 9402, HSN Code 94029020 ranks #2 by export value — accounting for 21.75% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 21.70% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 94029020 and GST compliance.

What products are classified under HSN 94029020 ?

It includes Wooden furniture of a kind used in the kitchen

Does packaging or labelling change the GST for Furniture Parts?

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 Furniture Parts?

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 Furniture Parts?

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

Do e‑way bill and e‑invoice apply for Furniture Parts?

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 Furniture Parts is sold with other items?

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

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.