HSN Code 94038300: Rattan furniture

HSN Code 94038300 represents Rattan furniture under GST classification. This code helps businesses identify Rattan furniture correctly for billing, taxation, and trade. With HSN Code 94038300, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Rattan furniture.

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Description of Goods for HSN Code 94038300

HSN Code 94038300 relates to the following description.

Description of Goods

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

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

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 94038300 not include?

Rattan 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 cane

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

India’s Trade Performance — HSN Code 94038300 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

₹10 Cr

+50.73% vs FY 2023-24

0.0003% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−43.48% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹10 Cr

Trade Surplus

Surplus rank #3320 of 12657 HSN codes

% of Sub-Chapter 9403

FY 2024-25

0.10%

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

Import side: 0.01% of Sub-Chapter 9403’s imports

Rank Within Sub-Chapter 9403

FY 2024-25

#15 of 20

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

Import-side rank: #16 of 20

At a glance

124.96%

Export CAGR

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

#5744

National Export Rank

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

+875.00%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.10%

Contribution to Sub-Ch. 9403

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

India Export-Import Trade Statistics for HSN Code 94038300

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 #9301

Balance

−1.19

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 9403

Imports

1.27 ₹ Cr

0.0000% share

YoY

0.03% of Sub-Ch. 9403

FY 2019-20 Exp. Rank #7829

Balance

+0.22

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+875.00% YoY

0.01% of Sub-Ch. 9403

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−55.91% YoY

0.01% of Sub-Ch. 9403

FY 2020-21 Exp. Rank #7808

Balance

+0.37

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+7.69% YoY

0.01% of Sub-Ch. 9403

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−16.07% YoY

0.02% of Sub-Ch. 9403

FY 2021-22 Exp. Rank #7722

Balance

+0.83

Exports

1.34 ₹ Cr

0.0000% share

+59.52% YoY

0.01% of Sub-Ch. 9403

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+8.51% YoY

0.02% of Sub-Ch. 9403

FY 2022-23 Exp. Rank #7356

Balance

+0.24

Exports

2.16 ₹ Cr

0.0001% share

+61.19% YoY

0.02% of Sub-Ch. 9403

Imports

1.92 ₹ Cr

0.0000% share

+276.47% YoY

0.05% of Sub-Ch. 9403

FY 2023-24 Exp. Rank #6186

Balance

+5.96

Exports

6.88 ₹ Cr

0.0002% share

+218.52% YoY

0.07% of Sub-Ch. 9403

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−52.08% YoY

0.02% of Sub-Ch. 9403

FY 2024-25 Exp. Rank #5744

Balance

+9.85

Exports

10.37 ₹ Cr

0.0003% share

+50.73% YoY

0.10% of Sub-Ch. 9403

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−43.48% YoY

0.01% of Sub-Ch. 9403

CAGR · 7-Year

Exports

124.96% /yr

Imports

−13.83% /yr

Consistently Surplus
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 94038300 Export-Import Analysis

Consistent Export Growth: 124.96% CAGR Over 7 Years

India's exports under HSN Code 94038300 have grown at a compound annual rate of 124.96% over 7 fiscal years, rising from ₹0.08 Crore in FY 2018-19 to ₹10.37 Crore in FY 2024-25.

HSN Code 94038300 Ranked #5744 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 94038300 ranks #5744 out of 12657 HSN codes by total export value. Within Sub-Chapter 9403, it ranks #15 of 20. By trade surplus, it ranks #3320 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 94038300 Exports

The strongest single-year export movement for HSN Code 94038300 was recorded in FY 2019-20, when exports surged by 875.00% over the prior year.

India Maintains a Trade Surplus of ₹9.85 Crore in HSN Code 94038300 Goods

In FY 2024-25, India's exports of ₹10.37 Cr exceeded imports of ₹0.52 Cr, resulting in a trade surplus of ₹9.85 Crore — ranking #3320 of 12657 by surplus magnitude.

Import Growth of −13.83% CAGR Signals Stable Import Dependency for Rattan furniture

India's imports under HSN Code 94038300 have grown at −13.83% CAGR, reaching ₹0.52 Crore in FY 2024-25.

HSN Code 94038300 Contributes 0.10% of Sub-Chapter 9403 Exports — Ranked #15

Among the 20 HSN codes under Sub-Chapter 9403, HSN Code 94038300 ranks #15 by export value — accounting for 0.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #16).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 94038300 and GST compliance.

What products are classified under HSN 94038300 ?

It includes Mattresses: Of other materials: Spring interior0

Any common misclassification issue with Rattan furniture?

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

Do e‑way bill and e‑invoice apply for Rattan 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.

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

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 Rattan furniture is sold with other items?

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

How much GST applies to Rattan furniture?

Under HSN 94038300, Rattan furniture attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.