HSN Code 94037000: Plastic furniture

HSN Code 94037000 represents Plastic furniture under GST classification. This code helps businesses identify Plastic furniture correctly for billing, taxation, and trade. With HSN Code 94037000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Plastic furniture.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 94037000

HSN Code 94037000 relates to the following description.

Description of Goods

Furniture of plastics

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

9403 - Other furniture and parts thereof

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 94037000 not include?

Plastic furniture does not include products with the following descriptions.

Other furniture and parts thereof - furniture of other materials, including cane, osier, bamboo or similar materials: furniture of wicker work or bamboo

Other furniture and parts thereof - furniture of other materials, including cane, osier, bamboo or similar materials: other

Other furniture and parts thereof - furniture of other materials, including cane, osier, bamboo or similar materials: of bamboo or rattan

Furniture of other materials, including cane, osier, bamboo or similar materials : Of bamboo

Furniture of other materials, including cane, osier, bamboo or similar materials : Of rattan

Furniture of other materials, including cane, osier, bamboo or similar materials : Of cane

Furniture of other materials, including cane, osier, bamboo or similar materials : Other

India’s Trade Performance — HSN Code 94037000 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

₹135 Cr

−7.54% vs FY 2023-24

0.0037% of India’s total exports

India’s Imports

FY 2024-25

₹140 Cr

+9.82% vs FY 2023-24

0.0023% of India’s total imports

Trade Balance

FY 2024-25

−₹5 Cr

Trade Deficit

Surplus rank #8624 of 12657 HSN codes

% of Sub-Chapter 9403

FY 2024-25

1.33%

Share of Sub-Chapter 9403’s total exports in FY 2024-25

Import side: 3.38% of Sub-Chapter 9403’s imports

Rank Within Sub-Chapter 9403

FY 2024-25

#10 of 20

Position by export value among HSN codes in Sub-Chapter 9403

Import-side rank: #6 of 20

At a glance

7.87%

Export CAGR

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

#2290

National Export Rank

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

+63.75%

Peak Growth Year

FY 2022-23 · strongest single-year move

1.33%

Contribution to Sub-Ch. 9403

Share of Sub-Chapter 9403 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 94037000

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 #2195

Balance

+28.75

Exports

85.73 ₹ Cr

0.0038% share

YoY

1.52% of Sub-Ch. 9403

Imports

56.98 ₹ Cr

0.0016% share

YoY

1.35% of Sub-Ch. 9403

FY 2019-20 Exp. Rank #2581

Balance

−2.20

Exports

62.88 ₹ Cr

0.0029% share

−26.65% YoY

0.99% of Sub-Ch. 9403

Imports

65.08 ₹ Cr

0.0019% share

+14.22% YoY

1.69% of Sub-Ch. 9403

FY 2020-21 Exp. Rank #2668

Balance

−10.29

Exports

60.23 ₹ Cr

0.0028% share

−4.21% YoY

0.79% of Sub-Ch. 9403

Imports

70.52 ₹ Cr

0.0024% share

+8.36% YoY

2.83% of Sub-Ch. 9403

FY 2021-22 Exp. Rank #2891

Balance

−12.90

Exports

69.47 ₹ Cr

0.0022% share

+15.34% YoY

0.66% of Sub-Ch. 9403

Imports

82.37 ₹ Cr

0.0018% share

+16.80% YoY

2.86% of Sub-Ch. 9403

FY 2022-23 Exp. Rank #2365

Balance

+14.53

Exports

113.76 ₹ Cr

0.0031% share

+63.75% YoY

1.22% of Sub-Ch. 9403

Imports

99.23 ₹ Cr

0.0017% share

+20.47% YoY

2.81% of Sub-Ch. 9403

FY 2023-24 Exp. Rank #2137

Balance

+18.47

Exports

146.11 ₹ Cr

0.0040% share

+28.44% YoY

1.49% of Sub-Ch. 9403

Imports

127.64 ₹ Cr

0.0023% share

+28.63% YoY

3.44% of Sub-Ch. 9403

FY 2024-25 Exp. Rank #2290

Balance

−5.08

Exports

135.10 ₹ Cr

0.0037% share

−7.54% YoY

1.33% of Sub-Ch. 9403

Imports

140.18 ₹ Cr

0.0023% share

+9.82% YoY

3.38% of Sub-Ch. 9403

CAGR · 7-Year

Exports

7.87% /yr

Imports

16.19% /yr

Consistently Deficit
Sub-Chapter 9403 total

reference, FY 2024-25

Export

₹10,126.57 Cr

Import

₹4,150.84 Cr

Trade Balance

+5,975.73

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

Key Trade Insights: HSN Code 94037000 Export-Import Analysis

Consistent Export Growth: 7.87% CAGR Over 7 Years

India's exports under HSN Code 94037000 have grown at a compound annual rate of 7.87% over 7 fiscal years, rising from ₹85.73 Crore in FY 2018-19 to ₹135.10 Crore in FY 2024-25.

HSN Code 94037000 Ranked #2290 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 94037000 ranks #2290 out of 12657 HSN codes by total export value. Within Sub-Chapter 9403, it ranks #10 of 20. By trade surplus, it ranks #8624 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 94037000 Exports

The strongest single-year export movement for HSN Code 94037000 was recorded in FY 2022-23, when exports surged by 63.75% over the prior year.

India Records a Trade Deficit of ₹5.08 Crore in HSN Code 94037000 Goods

In FY 2024-25, India's imports of ₹140.18 Cr exceeded exports of ₹135.10 Cr, resulting in a trade deficit of ₹5.08 Crore — ranking #8624 of 12657 by surplus magnitude.

Import Growth of 16.19% CAGR Signals Rising Demand for Plastic furniture

India's imports under HSN Code 94037000 have grown at 16.19% CAGR, reaching ₹140.18 Crore in FY 2024-25.

HSN Code 94037000 Contributes 1.33% of Sub-Chapter 9403 Exports — Ranked #10

Among the 20 HSN codes under Sub-Chapter 9403, HSN Code 94037000 ranks #10 by export value — accounting for 1.33% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.38% share (rank #6).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 94037000 and GST compliance.

What products are classified under HSN 94037000 ?

It includes Mattresses of Cellular Rubber or Plastics: Rubber Category

Can we claim ITC on inputs used to trade Plastic furniture?

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

Does packaging or labelling change the GST for Plastic furniture?

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 Plastic furniture is sold with other items?

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

Do e‑way bill and e‑invoice apply for Plastic furniture?

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 much GST applies to Plastic furniture?

Under HSN 94037000, Plastic furniture attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Plastic furniture?

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

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.