4405 HSN Code: Wood wool

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.

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New GST Rate for HSN Code 4405

GST Rate for Wood wool under HSN Code 4405. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

44

HSN Code

4405

HSN Description

Wood wool; wood flour

New GST Rate

5 %
Essential

Old GST Rate

12 %

Tariff HSN Codes under HSN Sub Chapter 4405

Following tariff HSN codes fall under Wood wool.

Tariff HSN

44050000

Description

Wood wool; wood flour

India’s Trade Performance — HSN Sub-Chapter 4405 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

< ₹1 Crore

−66.67% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹11 Cr

−23.35% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹11 Cr

Trade Deficit

Surplus rank #594 of 1233 subchapters

% of Chapter 44

FY 2024-25

0.00%

Share of Chapter 44’s total exports in FY 2024-25

Import side: 0.05% of Chapter 44’s imports

Rank Within Chapter 44

FY 2024-25

#21 of 21

Position by export value among subchapters in Chapter 44

Import-side rank: #19 of 21

At a glance

−23.53%

Export CAGR

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

#1189

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+135.00%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.00%

Contribution to Ch. 44

Share of Chapter 44 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 4405

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 #1174

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

FY 2019-20 Exp. Rank #1150

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

FY 2020-21 Exp. Rank #1164

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

FY 2021-22 Exp. Rank #1161

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

FY 2022-23 Exp. Rank #1170

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

FY 2023-24 Exp. Rank #1186

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

FY 2024-25 Exp. Rank #1189

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

CAGR · 7-Year

Exports

−23.53% /yr

Imports

−2.82% /yr

Consistently Deficit
Chapter 44 total

reference, FY 2024-25

Export

₹4,990.52 Cr

Import

₹22,254.70 Cr

Trade Balance

−17,264.18

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Sub-Chapter 4405 Export-Import Analysis

Export Decline: −23.53% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 4405 have declined at a compound annual rate of −23.53% over 7 fiscal years, falling from ₹0.20 Crore in FY 2018-19 to ₹0.04 Crore in FY 2024-25.

HSN Sub-Chapter 4405 Ranked #1189 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 4405 ranks #1189 out of 1233 subchapters by total export value. Within Chapter 44, it ranks #21 of 21. By trade surplus, it ranks #594 of 1233.

FY 2019-20 Was the Strongest Growth Year for HSN Sub-Chapter 4405 Exports

The strongest single-year export movement for HSN Sub-Chapter 4405 was recorded in FY 2019-20, when exports surged by 135.00% over the prior year.

India Records a Trade Deficit of ₹11.35 Crore in HSN Sub-Chapter 4405 Goods

In FY 2024-25, India's imports of ₹11.39 Cr exceeded exports of ₹0.04 Cr, resulting in a trade deficit of ₹11.35 Crore — ranking #594 of 1233 by surplus magnitude.

Import Growth of −2.82% CAGR Signals Stable Import Dependency for Wood wool

India's imports under HSN Sub-Chapter 4405 have grown at −2.82% CAGR, reaching ₹11.39 Crore in FY 2024-25.

HSN Sub-Chapter 4405 Contributes 0.00% of Chapter 44 Exports — Ranked #21

Among the 21 subchapters under Chapter 44, HSN Sub-Chapter 4405 ranks #21 by export value — accounting for 0.00% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.05% share (rank #19).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 4405 and GST compliance.

What products are classified under HSN 4405

It includes Wood wool

Any special steps when selling Wood wool through an e‑commerce platform?

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.

How should I document Wood wool sent for job work?

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.

If I repair and return Wood wool, how should I charge GST?

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.

What should my invoice and records include for Wood wool?

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.

Can I claim ITC on inputs and services used for Wood wool?

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.

How do I bill a kit or combo that includes Wood wool?

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.

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.

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