4408 HSN Code: Veneering sheets & plywood wood

HSN Sub Chapter 4408 represents Veneering sheets & plywood wood under GST classification. This code helps businesses identify Veneering sheets & plywood wood correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4408, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Veneering sheets & plywood wood.

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New GST Rate for HSN Code 4408

GST Rate for Veneering sheets & plywood wood under HSN Code 4408. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

44

HSN Code

HSN Description

Sheets for veneering (including those obtained by slicing laminated wood), for plywood or for similar laminated wood and other wood, sawn lengthwise, sliced or peeled, whether or not planed, sanded, spliced or end-jointed, of a thickness not exceeding 6 mm

New GST Rate

5 %
Essential

Old GST Rate

12 %

Tariff HSN Codes under HSN Sub Chapter 4408

Following tariff HSN codes fall under Veneering sheets & plywood wood.

Tariff HSN

Description

Coniferous : Sheets for plywood

Tariff HSN

Description

Coniferous : Oak wood veneer

Tariff HSN

Description

Coniferous : Veneer sheets, for match boxes and match splints (for match splints)

Tariff HSN

Description

Coniferous : Veneer sheets, for match boxes (other than match splints)

Tariff HSN

Description

Coniferous : Other

Tariff HSN

Description

Of tropical wood specified in Sub-heading Note 1 to this Chapter : Of Dark Red Meranti, Light Red Meranti and Meranti Bakau : Sheets for plywood

Tariff HSN

Description

Of tropical wood specified in Sub-heading Note 1 to this Chapter : Of Dark Red Meranti, Light Red Meranti and Meranti Bakau : Veneer sheets (of Rose wood)

Tariff HSN

Description

Of tropical wood specified in Sub-heading Note 1 to this Chapter : Of Dark Red Meranti, Light Red Meranti and Meranti Bakau : Veneer sheets, for match boxes and match splints (for match splints)

Tariff HSN

Description

Of tropical wood specified in Sub-heading Note 1 to this Chapter : Of Dark Red Meranti, Light Red Meranti and Meranti Bakau : Veneer sheets, for match boxes and other than match splints

Tariff HSN

Description

Of tropical wood specified in Sub-heading Note 1 to this Chapter : Of Dark Red Meranti, Light Red Meranti and Meranti Bakau : Other

Tariff HSN

Description

Of tropical wood specified in Sub-heading Note 1 to this Chapter : Other : Sheets for plywoods

Tariff HSN

Description

Of tropical wood specified in Sub-heading Note 1 to this Chapter : Other : Veneer sheets (of Rose wood)

Tariff HSN

Description

Of tropical wood specified in Sub-heading Note 1 to this Chapter : Other : Veneer sheets, for match boxes and match splints (for match splints)

Tariff HSN

Description

Of tropical wood specified in Sub-heading Note 1 to this Chapter : Other : Veneer sheets, for match boxes and other than match splints

Tariff HSN

Description

Of tropical wood specified in Sub-heading Note 1 to this Chapter : Other : Other

Tariff HSN

Description

Other : Sheets for plywoods

Tariff HSN

Description

Other : Veneer sheets, for match boxes and match plints (for match splints)

Tariff HSN

Description

Other : Veneer sheets, for match boxes and other than match plints

Tariff HSN

Description

Other : Other

India’s Trade Performance — HSN Sub-Chapter 4408 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

₹259 Cr

−28.28% vs FY 2023-24

0.0070% of India’s total exports

India’s Imports

FY 2024-25

₹3,265 Cr

+9.45% vs FY 2023-24

0.0535% of India’s total imports

Trade Balance

FY 2024-25

−₹3,006 Cr

Trade Deficit

Surplus rank #1067 of 1233 subchapters

% of Chapter 44

FY 2024-25

5.18%

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

Import side: 14.67% of Chapter 44’s imports

Rank Within Chapter 44

FY 2024-25

#6 of 21

Position by export value among subchapters in Chapter 44

Import-side rank: #3 of 21

At a glance

8.46%

Export CAGR

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

#656

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+31.01%

Peak Growth Year

FY 2021-22 · strongest single-year move

5.18%

Contribution to Ch. 44

Share of Chapter 44 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 4408

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 #637

Balance

−1,590.52

Exports

158.85 ₹ Cr

0.0069% share

YoY

4.63% of Ch. 44

Imports

1,749.37 ₹ Cr

0.0487% share

YoY

11.22% of Ch. 44

FY 2019-20 Exp. Rank #648

Balance

−1,690.95

Exports

152.17 ₹ Cr

0.0069% share

−4.21% YoY

4.85% of Ch. 44

Imports

1,843.12 ₹ Cr

0.0549% share

+5.36% YoY

12.94% of Ch. 44

FY 2020-21 Exp. Rank #617

Balance

−1,247.26

Exports

185.36 ₹ Cr

0.0086% share

+21.81% YoY

5.30% of Ch. 44

Imports

1,432.62 ₹ Cr

0.0492% share

−22.27% YoY

12.19% of Ch. 44

FY 2021-22 Exp. Rank #627

Balance

−1,937.57

Exports

242.84 ₹ Cr

0.0077% share

+31.01% YoY

4.38% of Ch. 44

Imports

2,180.41 ₹ Cr

0.0477% share

+52.20% YoY

14.39% of Ch. 44

FY 2022-23 Exp. Rank #610

Balance

−1,815.86

Exports

305.46 ₹ Cr

0.0084% share

+25.79% YoY

6.00% of Ch. 44

Imports

2,121.32 ₹ Cr

0.0369% share

−2.71% YoY

11.58% of Ch. 44

FY 2023-24 Exp. Rank #587

Balance

−2,622.47

Exports

360.46 ₹ Cr

0.0100% share

+18.01% YoY

7.01% of Ch. 44

Imports

2,982.93 ₹ Cr

0.0531% share

+40.62% YoY

15.83% of Ch. 44

FY 2024-25 Exp. Rank #656

Balance

−3,006.38

Exports

258.53 ₹ Cr

0.0070% share

−28.28% YoY

5.18% of Ch. 44

Imports

3,264.91 ₹ Cr

0.0535% share

+9.45% YoY

14.67% of Ch. 44

CAGR · 7-Year

Exports

8.46% /yr

Imports

10.96% /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 4408 Export-Import Analysis

Consistent Export Growth: 8.46% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 4408 have grown at a compound annual rate of 8.46% over 7 fiscal years, rising from ₹158.85 Crore in FY 2018-19 to ₹258.53 Crore in FY 2024-25.

HSN Sub-Chapter 4408 Ranked #656 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 4408 ranks #656 out of 1233 subchapters by total export value. Within Chapter 44, it ranks #6 of 21. By trade surplus, it ranks #1067 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 4408 Exports

The strongest single-year export movement for HSN Sub-Chapter 4408 was recorded in FY 2021-22, when exports surged by 31.01% over the prior year.

India Records a Trade Deficit of ₹3,006.38 Crore in HSN Sub-Chapter 4408 Goods

In FY 2024-25, India's imports of ₹3,264.91 Cr exceeded exports of ₹258.53 Cr, resulting in a trade deficit of ₹3,006.38 Crore — ranking #1067 of 1233 by surplus magnitude.

Import Growth of 10.96% CAGR Signals Rising Demand for Veneering sheets & plywood wood

India's imports under HSN Sub-Chapter 4408 have grown at 10.96% CAGR, reaching ₹3,264.91 Crore in FY 2024-25.

HSN Sub-Chapter 4408 Contributes 5.18% of Chapter 44 Exports — Ranked #6

Among the 21 subchapters under Chapter 44, HSN Sub-Chapter 4408 ranks #6 by export value — accounting for 5.18% of the chapter's total exports in FY 2024-25. On the import side, it holds 14.67% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 4408 and GST compliance.

What products are classified under HSN 4408

It includes Veneering sheets & plywood wood

What should my invoice and records include for Veneering sheets & plywood wood?

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.

Is the composition scheme suitable if I mainly trade Veneering sheets & plywood wood?

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.

Any special steps when selling Veneering sheets & plywood wood 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 Veneering sheets & plywood wood sent for job work?

Use a delivery challan for sending Veneering sheets & plywood wood 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.

Any import/export nuance for Veneering sheets & plywood wood?

Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.

What misclassification mistakes happen with Veneering sheets & plywood wood?

Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.

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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