Consistent Export Growth: 10.01% CAGR Over 8 Years
India's exports under HSN Sub-Chapter 4405 have grown at a compound annual rate of 10.01% over 8 fiscal years, rising from ₹0.20 Crore in FY 2018-19 to ₹0.39 Crore in FY 2025-26.
HSN Sub Chapter 4405 represents Wood wool under GST classification. This code helps businesses identify Wood wool correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4405, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Wood wool.
Manage correct HSN codes and GST rates with BUSY.
GST Rate for Wood wool under HSN Code 4405. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Wood wool.
Tariff HSN
Description
Wood wool; wood flour
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
India’s Exports
FY 2025-26< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2025-26₹11 Cr
0.0002% of India’s total imports
Trade Balance
FY 2025-26−₹11 Cr
Surplus rank #602 of 1233 subchapters
% of Chapter 44
FY 2025-260.01%
Share of Chapter 44’s total exports in FY 2025-26
Import side: 0.05% of Chapter 44’s imports
Rank Within Chapter 44
FY 2025-26#20 of 21
Position by export value among subchapters in Chapter 44
Import-side rank: #19 of 21
At a glance
10.01%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#1168
National Export Rank
of 1233 subchapters by export value, FY 2025-26
+875.00%
Peak Growth Year
FY 2025-26 · strongest single-year move
0.01%
Contribution to Ch. 44
Share of Chapter 44 exports in FY 2025-26
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−13.32
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.01% of Ch. 44
Imports
13.52 ₹ Cr
0.0004% share
— YoY
0.09% of Ch. 44
Balance
−15.49
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+135.00% YoY
0.02% of Ch. 44
Imports
15.96 ₹ Cr
0.0005% share
+18.05% YoY
0.11% of Ch. 44
Balance
−16.00
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−55.32% YoY
0.01% of Ch. 44
Imports
16.21 ₹ Cr
0.0006% share
+1.57% YoY
0.14% of Ch. 44
Balance
−20.17
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+19.05% YoY
0.00% of Ch. 44
Imports
20.42 ₹ Cr
0.0004% share
+25.97% YoY
0.13% of Ch. 44
Balance
−15.11
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−32.00% YoY
0.00% of Ch. 44
Imports
15.28 ₹ Cr
0.0003% share
−25.17% YoY
0.08% of Ch. 44
Balance
−14.74
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−29.41% YoY
0.00% of Ch. 44
Imports
14.86 ₹ Cr
0.0003% share
−2.75% YoY
0.08% of Ch. 44
Balance
−11.35
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−66.67% YoY
0.00% of Ch. 44
Imports
11.39 ₹ Cr
0.0002% share
−23.35% YoY
0.05% of Ch. 44
Balance
−11.10
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+875.00% YoY
0.01% of Ch. 44
Imports
11.49 ₹ Cr
0.0002% share
+0.88% YoY
0.05% of Ch. 44
CAGR · 8-Year
Exports
10.01% /yr
Imports
−2.30% /yr
reference, FY 2025-26
Export
₹5,241.36 Cr
Import
₹21,198.66 Cr
Trade Balance
−15,957.30
India's exports under HSN Sub-Chapter 4405 have grown at a compound annual rate of 10.01% over 8 fiscal years, rising from ₹0.20 Crore in FY 2018-19 to ₹0.39 Crore in FY 2025-26.
In FY 2025-26, HSN Sub-Chapter 4405 ranks #1168 out of 1233 subchapters by total export value. Within Chapter 44, it ranks #20 of 21. By trade surplus, it ranks #602 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 4405 was recorded in FY 2025-26, when exports surged by 875.00% over the prior year.
In FY 2025-26, India's imports of ₹11.49 Cr exceeded exports of ₹0.39 Cr, resulting in a trade deficit of ₹11.10 Crore — ranking #602 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 4405 have grown at −2.30% CAGR, reaching ₹11.49 Crore in FY 2025-26.
Among the 21 subchapters under Chapter 44, HSN Sub-Chapter 4405 ranks #20 by export value — accounting for 0.01% of the chapter's total exports in FY 2025-26. On the import side, it holds 0.05% share (rank #19).
Clear answers to common queries about HSN Sub Chapter 4405 and GST compliance.
It includes Wood wool
Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.
Use a delivery challan for sending Wood wool to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.
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.
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 your outward supply of Wood wool 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.
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.