Consistent Export Growth: 23.11% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 4401 have grown at a compound annual rate of 23.11% over 7 fiscal years, rising from ₹0.27 Crore in FY 2018-19 to ₹0.94 Crore in FY 2024-25.
HSN Sub Chapter 4401 represents Fuel wood, wood chips & sawdust under GST classification. This code helps businesses identify Fuel wood, wood chips & sawdust correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4401, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Fuel wood, wood chips & sawdust.
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GST Rate for Fuel wood, wood chips & sawdust under HSN Code 4401. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Fuel wood, wood chips & sawdust.
Tariff HSN
Description
Fuel wood, in logs, in billets, in twigs, in faggots or in similar forms; wood in chips or particles; sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms- fuel wood, in logs, in billets, in twigs, in faggots or in similar forms : in logs
Tariff HSN
Description
Fuel wood, in logs, in billets, in twigs, in faggots or in similar forms; wood in chips or particles; sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms- fuel wood, in logs, in billets, in twigs, in faggots or in similar forms : other
Tariff HSN
Description
Fuel wood, in logs, in billets, in twigs, in faggots or in similar forms : Coniferous: In logs
Tariff HSN
Description
Fuel wood, in logs, in billets, in twigs, in faggots or in similar forms : Coniferous: Other
Tariff HSN
Description
Fuel wood, in logs, in billets, in twigs, in faggots or in similar forms : Non-Coniferous: In logs
Tariff HSN
Description
Fuel wood, in logs, in billets, in twigs, in faggots or in similar forms : Non-Coniferous: Other
Tariff HSN
Description
Wood in chips or particles : Coniferous
Tariff HSN
Description
Wood in chips or particles : Non-coniferous
Tariff HSN
Description
Sawdust and wood waste and scrap, agglomerated in logs, briquettes, pellets or similar forms: Wood pellets
Tariff HSN
Description
Sawdust and wood waste and scrap, agglomerated in logs, briquettes, pellets or similar forms: Wood briquettes
Tariff HSN
Description
Sawdust and wood waste and scrap, agglomerated in logs, briquettes, pellets or similar forms: Other
Tariff HSN
Description
Sawdust and wood waste and scrap, not agglomerated
Tariff HSN
Description
Sawdust and wood waste and scrap, not agglomerated: Sawdust
Tariff HSN
Description
Sawdust and wood waste and scrap, not agglomerated: Other
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹517 Cr
0.0085% of India’s total imports
Trade Balance
FY 2024-25−₹516 Cr
Surplus rank #872 of 1233 subchapters
% of Chapter 44
FY 2024-250.02%
Share of Chapter 44’s total exports in FY 2024-25
Import side: 2.32% of Chapter 44’s imports
Rank Within Chapter 44
FY 2024-25#18 of 21
Position by export value among subchapters in Chapter 44
Import-side rank: #6 of 21
At a glance
23.11%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1142
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+352.17%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.02%
Contribution to Ch. 44
Share of Chapter 44 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−97.76
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.01% of Ch. 44
Imports
98.03 ₹ Cr
0.0027% share
— YoY
0.63% of Ch. 44
Balance
−11.08
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+55.56% YoY
0.01% of Ch. 44
Imports
11.50 ₹ Cr
0.0003% share
−88.27% YoY
0.08% of Ch. 44
Balance
−9.17
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−45.24% YoY
0.01% of Ch. 44
Imports
9.40 ₹ Cr
0.0003% share
−18.26% YoY
0.08% of Ch. 44
Balance
−10.89
Exports
1.04 ₹ Cr
0.0000% share
+352.17% YoY
0.02% of Ch. 44
Imports
11.93 ₹ Cr
0.0003% share
+26.91% YoY
0.08% of Ch. 44
Balance
−13.75
Exports
1.24 ₹ Cr
0.0000% share
+19.23% YoY
0.02% of Ch. 44
Imports
14.99 ₹ Cr
0.0003% share
+25.65% YoY
0.08% of Ch. 44
Balance
−133.10
Exports
2.16 ₹ Cr
0.0001% share
+74.19% YoY
0.04% of Ch. 44
Imports
135.26 ₹ Cr
0.0024% share
+802.33% YoY
0.72% of Ch. 44
Balance
−515.65
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−56.48% YoY
0.02% of Ch. 44
Imports
516.59 ₹ Cr
0.0085% share
+281.92% YoY
2.32% of Ch. 44
CAGR · 7-Year
Exports
23.11% /yr
Imports
31.92% /yr
reference, FY 2024-25
Export
₹4,990.52 Cr
Import
₹22,254.70 Cr
Trade Balance
−17,264.18
India's exports under HSN Sub-Chapter 4401 have grown at a compound annual rate of 23.11% over 7 fiscal years, rising from ₹0.27 Crore in FY 2018-19 to ₹0.94 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 4401 ranks #1142 out of 1233 subchapters by total export value. Within Chapter 44, it ranks #18 of 21. By trade surplus, it ranks #872 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 4401 was recorded in FY 2021-22, when exports surged by 352.17% over the prior year.
In FY 2024-25, India's imports of ₹516.59 Cr exceeded exports of ₹0.94 Cr, resulting in a trade deficit of ₹515.65 Crore — ranking #872 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 4401 have grown at 31.92% CAGR, reaching ₹516.59 Crore in FY 2024-25.
Among the 21 subchapters under Chapter 44, HSN Sub-Chapter 4401 ranks #18 by export value — accounting for 0.02% of the chapter's total exports in FY 2024-25. On the import side, it holds 2.32% share (rank #6).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 4401 and GST compliance.
It includes Fuel wood, wood chips & sawdust
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.
The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.
Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.
Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.
Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.