Consistent Export Growth: 14.87% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 4407 have grown at a compound annual rate of 14.87% over 7 fiscal years, rising from ₹33.47 Crore in FY 2018-19 to ₹76.89 Crore in FY 2024-25.
HSN Sub Chapter 4407 represents Sawn Wood under GST classification. This code helps businesses identify Sawn Wood correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4407, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Sawn Wood.
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GST Rate for Sawn Wood under HSN Code 4407. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Sawn Wood.
Tariff HSN
Description
Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or endjointed, of a thickness exceeding 6 mm - coniferrous: doglas fir (pscudotsuga menziesie)
Tariff HSN
Description
Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or endjointed, of a thickness exceeding 6 mm - coniferrous: pine (pinus spp.)
Tariff HSN
Description
Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or endjointed, of a thickness exceeding 6 mm - coniferrous: other
Tariff HSN
Description
Coniferrous : Of pine (Pinus spp.)
Tariff HSN
Description
Coniferrous : Of fir (Abies spp.) and Spruce ( Picea spp.)
Tariff HSN
Description
Coniferrous : Of S-P-F (spruce (Picea spp.), pine (Pinus spp.) and fir (Abies spp.))
Tariff HSN
Description
Coniferrous : Of Hem-fir (Western hemlock (Tsuga-heterophylla) and fir (Abies spp.))
Tariff HSN
Description
Coniferrous : Other: Douglas fir (Pseudotsuga menziesii)
Tariff HSN
Description
Coniferrous : Other: Other
Tariff HSN
Description
Of tropical wood specified in Sub-heading Note 1 to this Chapter : Mahogany (Swietenia Spp.)
Tariff HSN
Description
Of tropical wood specified in Sub-heading Note 1 to this Chapter : Virola, Imbuia and balsa
Tariff HSN
Description
Of tropical wood specified in Sub-heading Note 1 to this Chapter : Teak
Tariff HSN
Description
Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or endjointed, of a thickness exceeding 6 mm - of tropical wood specified in sub-heading note 1 to this chapter : virola, mahogany (swietenia spp.) imbuia and balsa
Tariff HSN
Description
Of tropical wood specified in Sub-heading Note 1 to this Chapter : Dark Red Meranti, Light Red Meranti and Meranti Bakau
Tariff HSN
Description
Of tropical wood specified in Sub-heading Note 1 to this Chapter : White Lauan, White Meranti, White Seraya, Yellow Meranti and Alan
Tariff HSN
Description
Of tropical wood specified in Sub-heading Note 1 to this Chapter : Sapelli
Tariff HSN
Description
Of tropical wood specified in Sub-heading Note 1 to this Chapter : Iroko
Tariff HSN
Description
Of tropical wood specified in Sub-heading Note 1 to this Chapter : Other : Other
Tariff HSN
Description
29 wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or endjointed, of a thickness exceeding 6 mm - of tropical wood specified in sub-heading note 1 to this chapter : other : teak wood
Tariff HSN
Description
29 wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or endjointed, of a thickness exceeding 6 mm - of tropical wood specified in sub-heading note 1 to this chapter : other : other
Tariff HSN
Description
Other : Of oak (Quercus Spp.)
Tariff HSN
Description
Other : Of beech (Fagus Spp.)
Tariff HSN
Description
Other : Of maple (Acer spp.)
Tariff HSN
Description
Other : Of cherry (Prunus spp.)
Tariff HSN
Description
Other : Of ash (Fraxinus spp.)
Tariff HSN
Description
Other : Of birch (Betula spp.)
Tariff HSN
Description
Other : Of poplar and aspen (Populus spp.)
Tariff HSN
Description
Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or endjointed, of a thickness exceeding 6 mm - other : other : of birch (betula spp.)
Tariff HSN
Description
Other : Other : Willow
Tariff HSN
Description
Other : Other : Other
India’s Exports
FY 2024-25₹77 Cr
0.0021% of India’s total exports
India’s Imports
FY 2024-25₹4,418 Cr
0.0724% of India’s total imports
Trade Balance
FY 2024-25−₹4,341 Cr
Surplus rank #1101 of 1233 subchapters
% of Chapter 44
FY 2024-251.54%
Share of Chapter 44’s total exports in FY 2024-25
Import side: 19.85% of Chapter 44’s imports
Rank Within Chapter 44
FY 2024-25#13 of 21
Position by export value among subchapters in Chapter 44
Import-side rank: #2 of 21
At a glance
14.87%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#855
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+95.39%
Peak Growth Year
FY 2021-22 · strongest single-year move
1.54%
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
−3,058.58
Exports
33.47 ₹ Cr
0.0015% share
— YoY
0.97% of Ch. 44
Imports
3,092.05 ₹ Cr
0.0861% share
— YoY
19.83% of Ch. 44
Balance
−3,100.18
Exports
20.69 ₹ Cr
0.0009% share
−38.18% YoY
0.66% of Ch. 44
Imports
3,120.87 ₹ Cr
0.0930% share
+0.93% YoY
21.91% of Ch. 44
Balance
−2,689.58
Exports
27.11 ₹ Cr
0.0013% share
+31.03% YoY
0.78% of Ch. 44
Imports
2,716.69 ₹ Cr
0.0932% share
−12.95% YoY
23.13% of Ch. 44
Balance
−3,001.58
Exports
52.97 ₹ Cr
0.0017% share
+95.39% YoY
0.96% of Ch. 44
Imports
3,054.55 ₹ Cr
0.0668% share
+12.44% YoY
20.16% of Ch. 44
Balance
−3,943.78
Exports
66.00 ₹ Cr
0.0018% share
+24.60% YoY
1.30% of Ch. 44
Imports
4,009.78 ₹ Cr
0.0697% share
+31.27% YoY
21.90% of Ch. 44
Balance
−3,653.53
Exports
57.04 ₹ Cr
0.0016% share
−13.58% YoY
1.11% of Ch. 44
Imports
3,710.57 ₹ Cr
0.0661% share
−7.46% YoY
19.69% of Ch. 44
Balance
−4,340.71
Exports
76.89 ₹ Cr
0.0021% share
+34.80% YoY
1.54% of Ch. 44
Imports
4,417.60 ₹ Cr
0.0724% share
+19.05% YoY
19.85% of Ch. 44
CAGR · 7-Year
Exports
14.87% /yr
Imports
6.13% /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 4407 have grown at a compound annual rate of 14.87% over 7 fiscal years, rising from ₹33.47 Crore in FY 2018-19 to ₹76.89 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 4407 ranks #855 out of 1233 subchapters by total export value. Within Chapter 44, it ranks #13 of 21. By trade surplus, it ranks #1101 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 4407 was recorded in FY 2021-22, when exports surged by 95.39% over the prior year.
In FY 2024-25, India's imports of ₹4,417.60 Cr exceeded exports of ₹76.89 Cr, resulting in a trade deficit of ₹4,340.71 Crore — ranking #1101 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 4407 have grown at 6.13% CAGR, reaching ₹4,417.60 Crore in FY 2024-25.
Among the 21 subchapters under Chapter 44, HSN Sub-Chapter 4407 ranks #13 by export value — accounting for 1.54% of the chapter's total exports in FY 2024-25. On the import side, it holds 19.85% share (rank #2).
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 4407 and GST compliance.
It includes Sawn Wood
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.
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.
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Sawn Wood 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.
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.