Export Decline: −30.51% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 4403 have declined at a compound annual rate of −30.51% over 7 fiscal years, falling from ₹630.14 Crore in FY 2018-19 to ₹70.95 Crore in FY 2024-25.
HSN Sub Chapter 4403 represents Seamless iron & steel pipes under GST classification. This code helps businesses identify Seamless iron & steel pipes correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4403, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Seamless iron & steel pipes.
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GST Rate for Seamless iron & steel pipes under HSN Code 4403. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Seamless iron & steel pipes.
Tariff HSN
Description
Wood in the rough, whether or not stripped of bark or sapwood, or roughly squared - treated with paint, stains, creosote or other preservatives
Tariff HSN
Description
Treated with paint, stains, creosote or other preservatives: Coniferous
Tariff HSN
Description
Treated with paint, stains, creosote or other preservatives: Non-Coniferous
Tariff HSN
Description
Wood in the rough, whether or not stripped of bark or sapwood, or roughly squared - other, coniferous : sawlogs and veneerlogs
Tariff HSN
Description
Wood in the rough, whether or not stripped of bark or sapwood, or roughly squared - other, coniferous : poles, pilling and posts
Tariff HSN
Description
Wood in the rough, whether or not stripped of bark or sapwood, or roughly squared - other, coniferous : other
Tariff HSN
Description
Other, coniferous : Of pine (Pinus spp.), of which smallest crosssectional dimension is 15 cm or more: Saw logs and veneer logs
Tariff HSN
Description
Other, coniferous : Of pine (Pinus spp.), of which smallest crosssectional dimension is 15 cm or more: Poles, pilings and posts
Tariff HSN
Description
Other, coniferous : Of pine (Pinus spp.), of which smallest crosssectional dimension is 15 cm or more: Other
Tariff HSN
Description
Other, coniferous : Of pine (Pinus spp.), other: Saw logs and veneer logs
Tariff HSN
Description
Other, coniferous : Of pine (Pinus spp.), other: Poles, pilings and posts
Tariff HSN
Description
Other, coniferous : Of pine (Pinus spp.), other: Other
Tariff HSN
Description
Other, coniferous : Of fir (Abies spp.) and spruce (Picea spp.), of which smallest cross-sectional dimension is 15 cm or more:Saw logs and veneer logs
Tariff HSN
Description
Other, coniferous : Of fir (Abies spp.) and spruce (Picea spp.), of which smallest cross-sectional dimension is 15 cm or more: Poles, pilings and posts
Tariff HSN
Description
Other, coniferous : Of fir (Abies spp.) and spruce (Picea spp.), of which smallest cross-sectional dimension is 15 cm or more: Other
Tariff HSN
Description
Other, coniferous : Of fir (Abies spp.) and spruce (Picea spp.), other: Saw logs and veneer logs
Tariff HSN
Description
Other, coniferous : Of fir (Abies spp.) and spruce (Picea spp.), other: Poles, pilings and posts
Tariff HSN
Description
Other, coniferous : Of fir (Abies spp.) and spruce (Picea spp.), other: Other
Tariff HSN
Description
Other, coniferous : Other, of which any cross-sectional dimension is 15 cm or more: Saw logs and veneer logs
Tariff HSN
Description
Other, coniferous : Other, of which any cross-sectional dimension is 15 cm or more: Poles, pilings and posts
Tariff HSN
Description
Other, coniferous : Other, of which any cross-sectional dimension is 15 cm or more: Other
Tariff HSN
Description
Other, coniferous : Other: Saw logs and veneer logs
Tariff HSN
Description
Other, coniferous : Other: Poles, pilings and posts
Tariff HSN
Description
Other, coniferous : Other: Other
Tariff HSN
Description
Other, of tropical wood : Dark Red Meranti, Light Red Meranti and Meranti Bakau
Tariff HSN
Description
Other, of tropical wood : Teak
Tariff HSN
Description
Other, of tropical wood: Other
Tariff HSN
Description
Wood in the rough, whether or not stripped of bark or sapwood, or roughly squared - other, of tropical wood specified in subheading note 1 to this chapter : other :teak wood in rough
Tariff HSN
Description
Wood in the rough, whether or not stripped of bark or sapwood, or roughly squared - other, of tropical wood specified in subheading note 1 to this chapter : other :other
Tariff HSN
Description
Other : Of oak (Quercus Spp.)
Tariff HSN
Description
Wood in the rough, whether or not stripped of bark or sapwood, or roughly squared - other : of beech (fagus spp.)
Tariff HSN
Description
Other : Of beech (Fagus spp.), of which the smallest cross-sectional dimension is 15 cm or more
Tariff HSN
Description
Other : Of beech (Fagus Spp.), Other
Tariff HSN
Description
Other : Of birch (Betula spp.), of which smallest cross-sectional dimension is 15 cm or more
Tariff HSN
Description
Other : Of birch (Betula spp.), other
Tariff HSN
Description
Other : Of poplar and aspen (Populus spp.)
Tariff HSN
Description
Other : Of eucalyptus (Eucalyptus spp.)
Tariff HSN
Description
Other : Other : Andaman Padauk (Pterocarous dalbaergiodes) Bonsum (Phoebe goalparensis) Gurgan (Dipterocarpus alatus) Khair (Acacia Catechu) Lampati (Duabanga grandiflora) Laurel (Terminalia alata) Paliwood (Palaquium Elliplicum) and Red Sanders (Pterocar pus Sautaninus) and Rose wood (Dalbergea Latifolio) : Andaman Padauk (Pterocarous dalbaergiodes)
Tariff HSN
Description
Other : Other : Andaman Padauk (Pterocarous dalbaergiodes) Bonsum (Phoebe goalparensis) Gurgan (Dipterocarpus alatus) Khair (Acacia Catechu) Lampati (Duabanga grandiflora) Laurel (Terminalia alata) Paliwood (Palaquium Elliplicum) and Red Sanders (Pterocar pus Sautaninus) and Rose wood (Dalbergea Latifolio) : Bonsum (Phoebe goalparensis)
Tariff HSN
Description
Other : Other : Andaman Padauk (Pterocarous dalbaergiodes) Bonsum (Phoebe goalparensis) Gurgan (Dipterocarpus alatus) Khair (Acacia Catechu) Lampati (Duabanga grandiflora) Laurel (Terminalia alata) Paliwood (Palaquium Elliplicum) and Red Sanders (Pterocar pus Sautaninus) and Rose wood (Dalbergea Latifolio) : Gurgan (Dipterocarpus alatus)
Tariff HSN
Description
Other : Other : Andaman Padauk (Pterocarous dalbaergiodes) Bonsum (Phoebe goalparensis) Gurgan (Dipterocarpus alatus) Khair (Acacia Catechu) Lampati (Duabanga grandiflora) Laurel (Terminalia alata) Paliwood (Palaquium Elliplicum) and Red Sanders (Pterocar pus Sautaninus) and Rose wood (Dalbergea Latifolio) : – Khair (Acacia Catechu)
Tariff HSN
Description
Other : Other : Andaman Padauk (Pterocarous dalbaergiodes) Bonsum (Phoebe goalparensis) Gurgan (Dipterocarpus alatus) Khair (Acacia Catechu) Lampati (Duabanga grandiflora) Laurel (Terminalia alata) Paliwood (Palaquium Elliplicum) and Red Sanders (Pterocar pus Sautaninus) and Rose wood (Dalbergea Latifolio) : Lampati (Duabanga grandiflora)
Tariff HSN
Description
Other : Other : Andaman Padauk (Pterocarous dalbaergiodes) Bonsum (Phoebe goalparensis) Gurgan (Dipterocarpus alatus) Khair (Acacia Catechu) Lampati (Duabanga grandiflora) Laurel (Terminalia alata) Paliwood (Palaquium Elliplicum) and Red Sanders (Pterocar pus Sautaninus) and Rose wood (Dalbergea Latifolio) : Laurel (Terminalia alata)
Tariff HSN
Description
Other : Other : Andaman Padauk (Pterocarous dalbaergiodes) Bonsum (Phoebe goalparensis) Gurgan (Dipterocarpus alatus) Khair (Acacia Catechu) Lampati (Duabanga grandiflora) Laurel (Terminalia alata) Paliwood (Palaquium Elliplicum) and Red Sanders (Pterocar pus Sautaninus) and Rose wood (Dalbergea Latifolio) : Paliwood (Palaquium Elliplicum)
Tariff HSN
Description
Other : Other : Andaman Padauk (Pterocarous dalbaergiodes) Bonsum (Phoebe goalparensis) Gurgan (Dipterocarpus alatus) Khair (Acacia Catechu) Lampati (Duabanga grandiflora) Laurel (Terminalia alata) Paliwood (Palaquium Elliplicum) and Red Sanders (Pterocar pus Sautaninus) and Rose wood (Dalbergea Latifolio) : Red Sanders(Pterocar pus Sautatinus)
Tariff HSN
Description
Other : Other : Andaman Padauk (Pterocarous dalbaergiodes) Bonsum (Phoebe goalparensis) Gurgan (Dipterocarpus alatus) Khair (Acacia Catechu) Lampati (Duabanga grandiflora) Laurel (Terminalia alata) Paliwood (Palaquium Elliplicum) and Red Sanders (Pterocar pus Sautaninus) and Rose wood (Dalbergea Latifolio) : Rose Wood (Dalbergea Latifolio)
Tariff HSN
Description
Other : Other : Sal (Chorea robusta) Sandal wood (Santalum albur) Semul (Bombax ceiba) Walnut wood (Juglans binata) Anjam (Hardwickia binata) Birch (Betula Spp.) Sissoo (Dalbergia sisso) and White cedar (Dysozylum) and the like : Sal (Chorea robusta)
Tariff HSN
Description
Other : Other : Sal (Chorea robusta) Sandal wood (Santalum albur) Semul (Bombax ceiba) Walnut wood (Juglans binata) Anjam (Hardwickia binata) Birch (Betula Spp.) Sissoo (Dalbergia sisso) and White cedar (Dysozylum) and the like : Sandal wood (Santalum alburn)
Tariff HSN
Description
Other : Other : Sal (Chorea robusta) Sandal wood (Santalum albur) Semul (Bombax ceiba) Walnut wood (Juglans binata) Anjam (Hardwickia binata) Birch (Betula Spp.) Sissoo (Dalbergia sisso) and White cedar (Dysozylum) and the like : Semul (Bombax ceiba)
Tariff HSN
Description
Other : Other : Sal (Chorea robusta) Sandal wood (Santalum albur) Semul (Bombax ceiba) Walnut wood (Juglans binata) Anjam (Hardwickia binata) Birch (Betula Spp.) Sissoo (Dalbergia sisso) and White cedar (Dysozylum) and the like : Walnut wood (Juglans binata)
Tariff HSN
Description
Other : Other : Sal (Chorea robusta) Sandal wood (Santalum albur) Semul (Bombax ceiba) Walnut wood (Juglans binata) Anjam (Hardwickia binata) Birch (Betula Spp.) Sissoo (Dalbergia sisso) and White cedar (Dysozylum) and the like : Anjam (Hardwickia binata)
Tariff HSN
Description
Other : Other : Sal (Chorea robusta) Sandal wood (Santalum albur) Semul (Bombax ceiba) Walnut wood (Juglans binata) Anjam (Hardwickia binata) Birch (Betula Spp.) Sissoo (Dalbergia sisso) and White cedar (Dysozylum) and the like : Birch (Betula Spp.)
Tariff HSN
Description
Other : Other : Sal (Chorea robusta) Sandal wood (Santalum albur) Semul (Bombax ceiba) Walnut wood (Juglans binata) Anjam (Hardwickia binata) Birch (Betula Spp.) Sissoo (Dalbergia sisso) and White cedar (Dysozylum) and the like : Sissoo (Dalbergia sisso)
Tariff HSN
Description
Other : Other : Sal (Chorea robusta) Sandal wood (Santalum albur) Semul (Bombax ceiba) Walnut wood (Juglans binata) Anjam (Hardwickia binata) Birch (Betula Spp.) Sissoo (Dalbergia sisso) and White cedar (Dysozylum) and the like : White cedar (Dysozylum malabaricum)
Tariff HSN
Description
Wood in the rough, whether or not stripped of bark or sapwood, or roughly squared - other : other : sal (chorea robusta) sandal wood (santalum albur) semul (bombax ceiba) walnut wood (juglans binata) anjam (hardwickia binata) birch (betula spp.) sissoo (dalbergia sisso) and white cedar (dysozylum) and the like: other
Tariff HSN
Description
Other : Other : Sal (Chorea robusta) Sandal wood (Santalum albur) Semul (Bombax ceiba) Walnut wood (Juglans binata) Anjam (Hardwickia binata) Birch (Betula Spp.) Sissoo (Dalbergia sisso) and White cedar (Dysozylum) and the like : Other
India’s Exports
FY 2024-25₹71 Cr
0.0019% of India’s total exports
India’s Imports
FY 2024-25₹8,848 Cr
0.1451% of India’s total imports
Trade Balance
FY 2024-25−₹8,777 Cr
Surplus rank #1145 of 1233 subchapters
% of Chapter 44
FY 2024-251.42%
Share of Chapter 44’s total exports in FY 2024-25
Import side: 39.76% of Chapter 44’s imports
Rank Within Chapter 44
FY 2024-25#14 of 21
Position by export value among subchapters in Chapter 44
Import-side rank: #1 of 21
At a glance
−30.51%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#864
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+574.88%
Peak Growth Year
FY 2021-22 · strongest single-year move
1.42%
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
−7,001.34
Exports
630.14 ₹ Cr
0.0275% share
— YoY
18.35% of Ch. 44
Imports
7,631.48 ₹ Cr
0.2125% share
— YoY
48.95% of Ch. 44
Balance
−6,280.84
Exports
145.84 ₹ Cr
0.0066% share
−76.86% YoY
4.65% of Ch. 44
Imports
6,426.68 ₹ Cr
0.1916% share
−15.79% YoY
45.13% of Ch. 44
Balance
−5,485.34
Exports
35.03 ₹ Cr
0.0016% share
−75.98% YoY
1.00% of Ch. 44
Imports
5,520.37 ₹ Cr
0.1895% share
−14.10% YoY
46.99% of Ch. 44
Balance
−7,052.44
Exports
236.41 ₹ Cr
0.0075% share
+574.88% YoY
4.26% of Ch. 44
Imports
7,288.85 ₹ Cr
0.1595% share
+32.04% YoY
48.10% of Ch. 44
Balance
−8,501.18
Exports
67.64 ₹ Cr
0.0019% share
−71.39% YoY
1.33% of Ch. 44
Imports
8,568.82 ₹ Cr
0.1490% share
+17.56% YoY
46.79% of Ch. 44
Balance
−7,125.33
Exports
329.48 ₹ Cr
0.0091% share
+387.11% YoY
6.41% of Ch. 44
Imports
7,454.81 ₹ Cr
0.1327% share
−13.00% YoY
39.55% of Ch. 44
Balance
−8,777.17
Exports
70.95 ₹ Cr
0.0019% share
−78.47% YoY
1.42% of Ch. 44
Imports
8,848.12 ₹ Cr
0.1451% share
+18.69% YoY
39.76% of Ch. 44
CAGR · 7-Year
Exports
−30.51% /yr
Imports
2.50% /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 4403 have declined at a compound annual rate of −30.51% over 7 fiscal years, falling from ₹630.14 Crore in FY 2018-19 to ₹70.95 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 4403 ranks #864 out of 1233 subchapters by total export value. Within Chapter 44, it ranks #14 of 21. By trade surplus, it ranks #1145 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 4403 was recorded in FY 2021-22, when exports surged by 574.88% over the prior year.
In FY 2024-25, India's imports of ₹8,848.12 Cr exceeded exports of ₹70.95 Cr, resulting in a trade deficit of ₹8,777.17 Crore — ranking #1145 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 4403 have grown at 2.50% CAGR, reaching ₹8,848.12 Crore in FY 2024-25.
Among the 21 subchapters under Chapter 44, HSN Sub-Chapter 4403 ranks #14 by export value — accounting for 1.42% of the chapter's total exports in FY 2024-25. On the import side, it holds 39.76% share (rank #1).
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 4403 and GST compliance.
It includes Seamless iron & steel pipes
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.
If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.
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.
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.
If your outward supply of Seamless iron & steel pipes is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.