---
title: "HSN Code for Metal Furniture Of Steel | HSN 94032010 GST Rate"
description: "Find HSN and GST Rates for 94032010 related to Metal Furniture Of Steel with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-94032010/"
---

# HSN Code 94032010: Metal Furniture Of Steel

- [Section 20: Guide to HSN Section 20](https://busy.in/hsn/section-20/)
- [Chapter 94: Furniture & Mattresses, with Lamps & Fittings](https://busy.in/hsn/chapter-94/)
- [Sub-chapter 9403: Other furniture](https://busy.in/hsn/sub-chapter-9403/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Other metal furniture : Of steel | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 94032010 ?

It includes Plastic furniture

### Do e‑way bill and e‑invoice apply for Metal Furniture Of Steel?

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 Metal Furniture Of Steel?

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

### How much GST applies to Metal Furniture Of Steel?

Under HSN 94032010, Metal Furniture Of Steel attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Can we claim ITC on inputs used to trade Metal Furniture Of Steel?

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 Metal Furniture Of Steel is sold with other items?

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

## India's trade performance: HSN Code 94032010 (FY 2024-25)

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

- Exports: ₹287 Cr (−8.73% YoY) — 0.0078% of India's total exports
- Imports: ₹115 Cr (+58.81% YoY) — 0.0019% of India's total imports
- Trade balance: ₹173 Cr (Surplus); surplus rank #1246 of 12657 HSN codes
- Share of Sub-Chapter 9403: 2.84% of its exports; import side 2.76%
- Rank within Sub-Chapter 9403: #5 of 20 by export value; import-side #7

### Key metrics

- Export CAGR: 4.39% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #1485 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +56.64% in FY 2022-23
- Contribution to Sub-Ch. 9403: 2.84% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 94032010

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. 9403 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 9403 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 222.02 | 0.0097% | — | 3.93% | 59.63 | 0.0017% | — | 1.41% | +162.39 | #1228 |
| FY 2019-20 | 223.00 | 0.0101% | +0.44% | 3.51% | 49.42 | 0.0015% | −17.12% | 1.28% | +173.58 | #1227 |
| FY 2020-21 | 169.12 | 0.0079% | −24.16% | 2.21% | 58.03 | 0.0020% | +17.42% | 2.33% | +111.09 | #1543 |
| FY 2021-22 | 240.64 | 0.0077% | +42.29% | 2.27% | 69.09 | 0.0015% | +19.06% | 2.40% | +171.55 | #1480 |
| FY 2022-23 | 376.93 | 0.0104% | +56.64% | 4.04% | 101.04 | 0.0018% | +46.24% | 2.86% | +275.89 | #1137 |
| FY 2023-24 | 314.74 | 0.0087% | −16.50% | 3.22% | 72.13 | 0.0013% | −28.61% | 1.94% | +242.61 | #1345 |
| FY 2024-25 | 287.27 | 0.0078% | −8.73% | 2.84% | 114.55 | 0.0019% | +58.81% | 2.76% | +172.72 | #1485 |

- CAGR (7-year): exports 4.39%/yr, imports 11.49%/yr (consistently Surplus)

## Key trade insights: HSN Code 94032010 export-import analysis

### Consistent export growth: 4.39% CAGR over 7 years

India's exports under HSN Code 94032010 have grown at a compound annual rate of 4.39% over 7 fiscal years, rising from ₹222.02 Crore in FY 2018-19 to ₹287.27 Crore in FY 2024-25.

### HSN Code 94032010 ranked #1485 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 94032010 ranks #1485 out of 12657 HSN codes by total export value. Within Sub-Chapter 9403, it ranks #5 of 20. By trade surplus, it ranks #1246 of 12657.

### FY 2022-23 was the strongest growth year for HSN Code 94032010 exports

The strongest single-year export movement for HSN Code 94032010 was recorded in FY 2022-23, when exports surged by 56.64% over the prior year.

### India maintains a trade surplus of ₹172.72 Crore in HSN Code 94032010 goods

In FY 2024-25, India's exports of ₹287.27 Cr exceeded imports of ₹114.55 Cr, resulting in a trade surplus of ₹172.72 Crore — ranking #1246 of 12657 by surplus magnitude.

### Import growth of 11.49% CAGR signals rising demand for Metal Furniture Of Steel

India's imports under HSN Code 94032010 have grown at 11.49% CAGR, reaching ₹114.55 Crore in FY 2024-25.

### HSN Code 94032010 contributes 2.84% of Sub-Chapter 9403 exports — ranked #5

Among the 20 HSN codes under Sub-Chapter 9403, HSN Code 94032010 ranks #5 by export value — accounting for 2.84% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.76% share (rank #7).

## Related HSN Codes in Sub-Chapter 9403

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 94036000: Wooden Furniture](https://busy.in/hsn/hsn-94036000/) | ₹5,819 Cr |
| #2 | [HSN Code 94032090: Metal Furniture](https://busy.in/hsn/hsn-94032090/) | ₹1,750 Cr |
| #3 | [HSN Code 94038900: Other furniture of cane, osier, bamboo, or similar materials](https://busy.in/hsn/hsn-94038900/) | ₹663 Cr |
| #4 | [HSN Code 94033010: Wooden office furniture](https://busy.in/hsn/hsn-94033010/) | ₹457 Cr |
| #5 | HSN Code 94032010: Metal Furniture Of Steel (this hsn code) | ₹287 Cr |
| #6 | [HSN Code 94039900: Other Furniture & Furniture Parts](https://busy.in/hsn/hsn-94039900/) | ₹230 Cr |
| #7 | [HSN Code 94035090: Wooden bedroom furniture](https://busy.in/hsn/hsn-94035090/) | ₹205 Cr |
| #8 | [HSN Code 94039100: Parts \| Of Wood](https://busy.in/hsn/hsn-94039100/) | ₹171 Cr |
| #9 | [HSN Code 94031010: Office Metal Furniture (Steel)](https://busy.in/hsn/hsn-94031010/) | ₹143 Cr |
| #10 | [HSN Code 94037000: Plastic furniture](https://busy.in/hsn/hsn-94037000/) | ₹135 Cr |