Consistent Export Growth: 10.53% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 4402 have grown at a compound annual rate of 10.53% over 7 fiscal years, rising from ₹178.99 Crore in FY 2018-19 to ₹326.35 Crore in FY 2024-25.
HSN Sub Chapter 4402 represents Silk yarn for retail under GST classification. This code helps businesses identify Silk yarn for retail correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4402, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Silk yarn for retail.
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GST Rate for Silk yarn for retail under HSN Code 4402. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Silk yarn for retail.
Tariff HSN
Description
Wood charcoal (including shell or nut charcoal), whether or not agglomerated - wood charcoal (including shell or nut charcoal), whether or not agglomerated: of coconut shell
Tariff HSN
Description
Wood charcoal (including shell or nut charcoal), whether or not agglomerated - wood charcoal (including shell or nut charcoal), whether or not agglomerated: other
Tariff HSN
Description
Wood charcoal (including shell or nut charcoal), whether or not agglomerated : Of bamboo
Tariff HSN
Description
Whether or not agglomerated - wood charcoal (including shell or nut charcoal)wood charcoal (including shell or nut charcoal), whether or not agglomerated —of bamboo
Tariff HSN
Description
Of shell or nut: Of coconut shell
Tariff HSN
Description
Of shell or nut: Other
Tariff HSN
Description
Other : Other
Tariff HSN
Description
Wood charcoal (including shell or nut charcoal), whether or not agglomerated - other : — of cocunut shell
Tariff HSN
Description
Wood charcoal (including shell or nut charcoal), whether or not agglomerated: other — other
India’s Exports
FY 2024-25₹326 Cr
0.0088% of India’s total exports
India’s Imports
FY 2024-25₹78 Cr
0.0013% of India’s total imports
Trade Balance
FY 2024-25₹248 Cr
Surplus rank #311 of 1233 subchapters
% of Chapter 44
FY 2024-256.54%
Share of Chapter 44’s total exports in FY 2024-25
Import side: 0.35% of Chapter 44’s imports
Rank Within Chapter 44
FY 2024-25#5 of 21
Position by export value among subchapters in Chapter 44
Import-side rank: #14 of 21
At a glance
10.53%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#611
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+51.39%
Peak Growth Year
FY 2021-22 · strongest single-year move
6.54%
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
+86.43
Exports
178.99 ₹ Cr
0.0078% share
— YoY
5.21% of Ch. 44
Imports
92.56 ₹ Cr
0.0026% share
— YoY
0.59% of Ch. 44
Balance
+190.41
Exports
226.15 ₹ Cr
0.0102% share
+26.35% YoY
7.21% of Ch. 44
Imports
35.74 ₹ Cr
0.0011% share
−61.39% YoY
0.25% of Ch. 44
Balance
+201.96
Exports
251.05 ₹ Cr
0.0117% share
+11.01% YoY
7.18% of Ch. 44
Imports
49.09 ₹ Cr
0.0017% share
+37.35% YoY
0.42% of Ch. 44
Balance
+325.20
Exports
380.06 ₹ Cr
0.0121% share
+51.39% YoY
6.85% of Ch. 44
Imports
54.86 ₹ Cr
0.0012% share
+11.75% YoY
0.36% of Ch. 44
Balance
+346.25
Exports
412.65 ₹ Cr
0.0114% share
+8.58% YoY
8.10% of Ch. 44
Imports
66.40 ₹ Cr
0.0012% share
+21.04% YoY
0.36% of Ch. 44
Balance
+282.44
Exports
319.53 ₹ Cr
0.0088% share
−22.57% YoY
6.22% of Ch. 44
Imports
37.09 ₹ Cr
0.0007% share
−44.14% YoY
0.20% of Ch. 44
Balance
+248.42
Exports
326.35 ₹ Cr
0.0088% share
+2.13% YoY
6.54% of Ch. 44
Imports
77.93 ₹ Cr
0.0013% share
+110.11% YoY
0.35% of Ch. 44
CAGR · 7-Year
Exports
10.53% /yr
Imports
−2.83% /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 4402 have grown at a compound annual rate of 10.53% over 7 fiscal years, rising from ₹178.99 Crore in FY 2018-19 to ₹326.35 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 4402 ranks #611 out of 1233 subchapters by total export value. Within Chapter 44, it ranks #5 of 21. By trade surplus, it ranks #311 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 4402 was recorded in FY 2021-22, when exports surged by 51.39% over the prior year.
In FY 2024-25, India's exports of ₹326.35 Cr exceeded imports of ₹77.93 Cr, resulting in a trade surplus of ₹248.42 Crore — ranking #311 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 4402 have grown at −2.83% CAGR, reaching ₹77.93 Crore in FY 2024-25.
Among the 21 subchapters under Chapter 44, HSN Sub-Chapter 4402 ranks #5 by export value — accounting for 6.54% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.35% share (rank #14).
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 4402 and GST compliance.
It includes Silk yarn for retail
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.
Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Silk yarn for retail is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Silk yarn for retail are forward charge. Check the current notifications for any special cases before deciding.
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.