Consistent Export Growth: 11.69% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 4412 have grown at a compound annual rate of 11.69% over 7 fiscal years, rising from ₹226.04 Crore in FY 2018-19 to ₹438.87 Crore in FY 2024-25.
HSN Sub Chapter 4412 represents Laminated Plywood, Veneered Panels under GST classification. This code helps businesses identify Laminated Plywood, Veneered Panels correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4412, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Laminated Plywood, Veneered Panels.
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GST Rate for Laminated Plywood, Veneered Panels under HSN Code 4412. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Laminated Plywood, Veneered Panels.
Tariff HSN
Description
Of bamboo
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - plywood, consisting solely of sheets of wood, each ply not exceeding 6 mm thickness : with at least one outer ply of tropical wood specified in sub-heading note 1 to this chapter : decorative plywood
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - plywood, consisting solely of sheets of wood, each ply not exceeding 6 mm thickness : with at least one outer ply of tropical wood specified in sub-heading note 1 to this chapter : tea chest panels or shooks, packed in sets
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - plywood, consisting solely of sheets of wood, each ply not exceeding 6 mm thickness : with at least one outer ply of tropical wood specified in sub-heading note 1 to this chapter : other tea chest panels
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - plywood, consisting solely of sheets of wood, each ply not exceeding 6 mm thickness : with at least one outer ply of tropical wood specified in sub-heading note 1 to this chapter : marine and aircraft plywood
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - plywood, consisting solely of sheets of wood, each ply not exceeding 6 mm thickness : with at least one outer ply of tropical wood specified in sub-heading note 1 to this chapter : cuttings and trimmings of plywood of width not exceeding 5 centimetres
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - plywood, consisting solely of sheets of wood, each ply not exceeding 6 mm thickness : with at least one outer ply of tropical wood specified in sub-heading note 1 to this chapter : other
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - plywood, consisting solely of sheets of wood, each ply not exceeding 6 mm thickness : other, with at least one outer ply of non-coniferous wood : decorative plywood
Tariff HSN
Description
Tea chest panels or shooks, packed in sets
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - plywood, consisting solely of sheets of wood, each ply not exceeding 6 mm thickness : other, with at least one outer ply of non-coniferous wood : marine and aircraft plywood
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - plywood, consisting solely of sheets of wood, each ply not exceeding 6 mm thickness : other, with at least one outer ply of non-coniferous wood : cuttings and trimmings of plywood of width not exceeding 5 cm
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - plywood, consisting solely of sheets of wood, each ply not exceeding 6 mm thickness : other, with at least one outer ply of non-coniferous wood : other
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - plywood, consisting solely of sheets of wood, each ply not exceeding 6 mm thickness : other : decorative plywood
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - plywood, consisting solely of sheets of wood, each ply not exceeding 6 mm thickness : other : tea chest panels or shooks, packed in sets
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - plywood, consisting solely of sheets of wood, each ply not exceeding 6 mm thickness : other : marine and aircraft plywood
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - plywood, consisting solely of sheets of wood, each ply not exceeding 6 mm thickness : other : cuttings and trimmings of plywood of width not exceeding 5 cm
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - plywood, consisting solely of sheets of wood, each ply not exceeding 6 mm thickness : other : other
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - other, with at least one outer ply of nonconiferous wood : with at least one ply of tropical wood specified in sub-heading note 1 to this chapter - decorative plywood
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - other, with at least one outer ply of nonconiferous wood : with at least one ply of tropical wood specified in sub-heading note 1 to this chapter - tea chest panels or shooks, packed in sets
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - other, with at least one outer ply of nonconiferous wood : with at least one ply of tropical wood specified in sub-heading note 1 to this chapter - marine and aircraft plywood
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - other, with at least one outer ply of nonconiferous wood : with at least one ply of tropical wood specified in sub-heading note 1 to this chapter - cuttings and trimmings of plywood of width not exceeding 5 cm
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - other, with at least one outer ply of nonconiferous wood : with at least one ply of tropical wood specified in sub-heading note 1 to this chapter - other
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - other, with at least one outer ply of nonconiferous wood : other, containing at least one layer of particle board: decorative plywood
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - other, with at least one outer ply of nonconiferous wood : other, containing at least one layer of particle board: tea chest panels or shooks, packed in sets
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - other, with at least one outer ply of nonconiferous wood : other, containing at least one layer of particle board: marine and aircraft plywood
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - other, with at least one outer ply of nonconiferous wood : other, containing at least one layer of particle board: cuttings and trimmings of plywood of width not exceeding 5 cm
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - other, with at least one outer ply of nonconiferous wood : other, containing at least one layer of particle board: other
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - other, with at least one outer ply of nonconiferous wood : other : elastic laminated plywood
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - other, with at least one outer ply of nonconiferous wood : other : decorative plywood
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - other, with at least one outer ply of nonconiferous wood : other : tea chest panels or shooks, packed in sets
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - other, with at least one outer ply of nonconiferous wood : other : marine and aircraft plywood
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - other, with at least one outer ply of nonconiferous wood : other : cuttings and trimmings of plywood of width not exceeding 5 cm
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - other, with at least one outer ply of nonconiferous wood : other : other
Tariff HSN
Description
Other plywood, consisting solely of sheets of wood (other than bamboo), each ply not exceeding 6 mm thickness : With at least one outer ply of tropical wood : Decorative plywood
Tariff HSN
Description
Other plywood, consisting solely of sheets of wood (other than bamboo), each ply not exceeding 6 mm thickness : With at least one outer ply of tropical wood : Tea chest panels or shooks, packed in sets
Tariff HSN
Description
Other plywood, consisting solely of sheets of wood (other than bamboo), each ply not exceeding 6 mm thickness : With at least one outer ply of tropical wood : Other tea chest panels
Tariff HSN
Description
Other plywood, consisting solely of sheets of wood (other than bamboo), each ply not exceeding 6 mm thickness : With at least one outer ply of tropical wood : Marine and aircraft plywood
Tariff HSN
Description
Other plywood, consisting solely of sheets of wood (other than bamboo), each ply not exceeding 6 mm thickness : With at least one outer ply of tropical wood : Cuttings and trimmings of plywood of width not exceeding 5 cm
Tariff HSN
Description
Other plywood, consisting solely of sheets of wood (other than bamboo), each ply not exceeding 6 mm thickness : With at least one outer ply of tropical wood : Other tea chest panels
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood — other, with at least one outerply of non-coniferous wood:— decorative plywood
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood — other, with at least one outerply of non-coniferous wood:— tea chest panels or shooks, packed in sets
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood — other, with at least one outerply of non-coniferous wood:— marine and aircraft plywood
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood — other, with at least one outerply of non-coniferous wood:cuttings and trimmings of plywood of width not exceeding 5cm
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood — other, with at least one outerply of non-coniferous wood:— other
Tariff HSN
Description
Other plywood, consisting solely of sheets of wood (other than bamboo), each ply not exceeding 6 mm thickness : Other, with at least one outer ply of non-coniferous wood of the species alder (Alnus spp.), ash (Fraxinus spp.), beech (Fagus spp.), birch (Betula spp.), cherry (Prunus spp.), chestnut (Castanea spp.), elm (Ulmus spp.), eucalyptus (Eucalyptus spp.), hickory (Carya spp.), horse chestnut (Aesculus spp.), lime (Tilia spp.), maple (Acer spp.), oak (Quercus spp.), plane tree (Platanus spp.), poplar and aspen (Populus spp.), robinia (Robinia spp.), tulipwood (Liriodendron spp.) or walnut (Juglans spp.): Decorative plywood
Tariff HSN
Description
Other plywood, consisting solely of sheets of wood (other than bamboo), each ply not exceeding 6 mm thickness : Other, with at least one outer ply of non-coniferous wood of the species alder (Alnus spp.), ash (Fraxinus spp.), beech (Fagus spp.), birch (Betula spp.), cherry (Prunus spp.), chestnut (Castanea spp.), elm (Ulmus spp.), eucalyptus (Eucalyptus spp.), hickory (Carya spp.), horse chestnut (Aesculus spp.), lime (Tilia spp.), maple (Acer spp.), oak (Quercus spp.), plane tree (Platanus spp.), poplar and aspen (Populus spp.), robinia (Robinia spp.), tulipwood (Liriodendron spp.) or walnut (Juglans spp.): Tea chest panels, shooks whether or not packed in sets
Tariff HSN
Description
Other plywood, consisting solely of sheets of wood (other than bamboo), each ply not exceeding 6 mm thickness : Other, with at least one outer ply of non-coniferous wood of the species alder (Alnus spp.), ash (Fraxinus spp.), beech (Fagus spp.), birch (Betula spp.), cherry (Prunus spp.), chestnut (Castanea spp.), elm (Ulmus spp.), eucalyptus (Eucalyptus spp.), hickory (Carya spp.), horse chestnut (Aesculus spp.), lime (Tilia spp.), maple (Acer spp.), oak (Quercus spp.), plane tree (Platanus spp.), poplar and aspen (Populus spp.), robinia (Robinia spp.), tulipwood (Liriodendron spp.) or walnut (Juglans spp.): Marine and aircraft plywood
Tariff HSN
Description
Other plywood, consisting solely of sheets of wood (other than bamboo), each ply not exceeding 6 mm thickness : Other, with at least one outer ply of non-coniferous wood of the species alder (Alnus spp.), ash (Fraxinus spp.), beech (Fagus spp.), birch (Betula spp.), cherry (Prunus spp.), chestnut (Castanea spp.), elm (Ulmus spp.), eucalyptus (Eucalyptus spp.), hickory (Carya spp.), horse chestnut (Aesculus spp.), lime (Tilia spp.), maple (Acer spp.), oak (Quercus spp.), plane tree (Platanus spp.), poplar and aspen (Populus spp.), robinia (Robinia spp.), tulipwood (Liriodendron spp.) or walnut (Juglans spp.): Cutting and trimmings of plywood of width not exceeding 5 cm
Tariff HSN
Description
Other plywood, consisting solely of sheets of wood (other than bamboo), each ply not exceeding 6 mm thickness : Other, with at least one outer ply of non-coniferous wood of the species alder (Alnus spp.), ash (Fraxinus spp.), beech (Fagus spp.), birch (Betula spp.), cherry (Prunus spp.), chestnut (Castanea spp.), elm (Ulmus spp.), eucalyptus (Eucalyptus spp.), hickory (Carya spp.), horse chestnut (Aesculus spp.), lime (Tilia spp.), maple (Acer spp.), oak (Quercus spp.), plane tree (Platanus spp.), poplar and aspen (Populus spp.), robinia (Robinia spp.), tulipwood (Liriodendron spp.) or walnut (Juglans spp.): Other
Tariff HSN
Description
Other plywood, consisting solely of sheets of wood (other than bamboo), each ply not exceeding 6 mm thickness : Other, with at least one outer ply of non-coniferous wood not specified under sub-heading 4412 33: Decorative plywood
Tariff HSN
Description
Other plywood, consisting solely of sheets of wood (other than bamboo), each ply not exceeding 6 mm thickness : Other, with at least one outer ply of non-coniferous wood not specified under sub-heading 4412 33: Tea chest panels, shooks whether or not packed in sets
Tariff HSN
Description
Other plywood, consisting solely of sheets of wood (other than bamboo), each ply not exceeding 6 mm thickness : Other, with at least one outer ply of non-coniferous wood not specified under sub-heading 4412 33: Marine and aircraft plywood
Tariff HSN
Description
Other plywood, consisting solely of sheets of wood (other than bamboo), each ply not exceeding 6 mm thickness : Other, with at least one outer ply of non-coniferous wood not specified under sub-heading 4412 33: Cutting and trimmings of plywood of width not exceeding 5 cm
Tariff HSN
Description
Other plywood, consisting solely of sheets of wood (other than bamboo), each ply not exceeding 6 mm thickness : Other, with at least one outer ply of non-coniferous wood not specified under sub-heading 4412 33: Other
Tariff HSN
Description
Other plywood, consisting solely of sheets of wood (other than bamboo), each ply not exceeding 6 mm thickness : Other, with both outer plies of coniferous wood : Decorative plywood
Tariff HSN
Description
Other plywood, consisting solely of sheets of wood (other than bamboo), each ply not exceeding 6 mm thickness :Other, with both outer plies of coniferous wood : Tea chest panels or shooks, packed in sets
Tariff HSN
Description
Other plywood, consisting solely of sheets of wood (other than bamboo), each ply not exceeding 6 mm thickness : Other, with both outer plies of coniferous wood: Marine and aircraft plywood
Tariff HSN
Description
Other plywood, consisting solely of sheets of wood (other than bamboo), each ply not exceeding 6 mm thickness : Other, with both outer plies of coniferous wood: Cuttings and trimmings of plywood of width not exceeding 5cm
Tariff HSN
Description
Other plywood, consisting solely of sheets of wood (other than bamboo), each ply not exceeding 6 mm thickness : Other, with both outer plies of coniferous wood: Other
Tariff HSN
Description
Laminated veneered lumber (LVL): With at least one outer ply of tropical wood
Tariff HSN
Description
Laminated veneered lumber (LVL): Other, with at least one outer ply of non-coniferous wood
Tariff HSN
Description
Laminated veneered lumber (LVL): Other, with both outer plies of coniferous wood
Tariff HSN
Description
Blockboard, laminboard and battenboard: With at least one outer ply of tropical wood
Tariff HSN
Description
Blockboard, laminboard and battenboard: Other, with at least one outer ply of non-coniferous wood
Tariff HSN
Description
Blockboard, laminboard and battenboard: Other, with both outer plies of coniferous wood
Tariff HSN
Description
Other : With at least one outer ply of tropical wood: Decorative plywood
Tariff HSN
Description
Other : With at least one outer ply of tropical wood: Tea chest panel or shooks, packed in sets
Tariff HSN
Description
Other : With at least one outer ply of tropical wood: Marine and aircraft plywood
Tariff HSN
Description
Other : With at least one outer ply of tropical wood: Cuttings and trimmings of plywood of width not exceeding 5cm
Tariff HSN
Description
Other : With at least one outer ply of tropical wood: Other
Tariff HSN
Description
Other : Other, with at least one outer ply of non-coniferous wood: Decorative plywood
Tariff HSN
Description
Other : Other, with at least one outer ply of non-coniferous wood: Tea chest panel or shooks, packed in sets
Tariff HSN
Description
Other : Other, with at least one outer ply of non-coniferous wood: Marine and aircraft plywood
Tariff HSN
Description
Other : Other, with at least one outer ply of non-coniferous wood: Cuttings and trimmings of plywood of width not exceeding 5cm
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - other : with at least one ply of tropical wood specified in sub-heading note 1 to this chapter: cuttings and trimmings of plywood of width not exceeding 5 cm
Tariff HSN
Description
Other : Other, with at least one outer ply of non-coniferous wood: Other
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - other : other, containing at least one layer of particle board: decorative plywood
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - other : other, containing at least one layer of particle board: tea chest panels or shooks, packed in sets
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - other : other, containing at least one layer of particle board: marine and aircraft plywood
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - other : other, containing at least one layer of particle board: cuttings and trimmings of plywood of width not exceeding 5 cm
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - other : other, containing at least one layer of particle board: other
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - other: — blockboard, laminboard and battenboard
Tariff HSN
Description
Other : Other, with both outer plies of coniferous wood: Decorative plywood
Tariff HSN
Description
Other : Other, with both outer plies of coniferous wood: Tea chest panel or shooks, packed in sets
Tariff HSN
Description
Other : Other, with both outer plies of coniferous wood: Marine and aircraft plywood
Tariff HSN
Description
Other : Other, with both outer plies of coniferous wood: Cuttings and trimmings of plywood of width not exceeding 5cm
Tariff HSN
Description
Plywood, veneered panels and similar laminated wood - other : other : cuttings and trimmings of plywood of width not exceeding 5 cm
Tariff HSN
Description
Other :Other, with both outer plies of coniferous wood: Other
India’s Exports
FY 2024-25₹439 Cr
0.0119% of India’s total exports
India’s Imports
FY 2024-25₹2,489 Cr
0.0408% of India’s total imports
Trade Balance
FY 2024-25−₹2,051 Cr
Surplus rank #1034 of 1233 subchapters
% of Chapter 44
FY 2024-258.79%
Share of Chapter 44’s total exports in FY 2024-25
Import side: 11.19% of Chapter 44’s imports
Rank Within Chapter 44
FY 2024-25#4 of 21
Position by export value among subchapters in Chapter 44
Import-side rank: #4 of 21
At a glance
11.69%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#559
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+93.20%
Peak Growth Year
FY 2021-22 · strongest single-year move
8.79%
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
−599.21
Exports
226.04 ₹ Cr
0.0098% share
— YoY
6.58% of Ch. 44
Imports
825.25 ₹ Cr
0.0230% share
— YoY
5.29% of Ch. 44
Balance
−499.50
Exports
240.94 ₹ Cr
0.0109% share
+6.59% YoY
7.69% of Ch. 44
Imports
740.44 ₹ Cr
0.0221% share
−10.28% YoY
5.20% of Ch. 44
Balance
−327.10
Exports
277.68 ₹ Cr
0.0129% share
+15.25% YoY
7.94% of Ch. 44
Imports
604.78 ₹ Cr
0.0208% share
−18.32% YoY
5.15% of Ch. 44
Balance
−236.50
Exports
536.47 ₹ Cr
0.0171% share
+93.20% YoY
9.67% of Ch. 44
Imports
772.97 ₹ Cr
0.0169% share
+27.81% YoY
5.10% of Ch. 44
Balance
−463.35
Exports
604.33 ₹ Cr
0.0167% share
+12.65% YoY
11.87% of Ch. 44
Imports
1,067.68 ₹ Cr
0.0186% share
+38.13% YoY
5.83% of Ch. 44
Balance
−1,281.96
Exports
471.71 ₹ Cr
0.0130% share
−21.95% YoY
9.18% of Ch. 44
Imports
1,753.67 ₹ Cr
0.0312% share
+64.25% YoY
9.30% of Ch. 44
Balance
−2,050.51
Exports
438.87 ₹ Cr
0.0119% share
−6.96% YoY
8.79% of Ch. 44
Imports
2,489.38 ₹ Cr
0.0408% share
+41.95% YoY
11.19% of Ch. 44
CAGR · 7-Year
Exports
11.69% /yr
Imports
20.20% /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 4412 have grown at a compound annual rate of 11.69% over 7 fiscal years, rising from ₹226.04 Crore in FY 2018-19 to ₹438.87 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 4412 ranks #559 out of 1233 subchapters by total export value. Within Chapter 44, it ranks #4 of 21. By trade surplus, it ranks #1034 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 4412 was recorded in FY 2021-22, when exports surged by 93.20% over the prior year.
In FY 2024-25, India's imports of ₹2,489.38 Cr exceeded exports of ₹438.87 Cr, resulting in a trade deficit of ₹2,050.51 Crore — ranking #1034 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 4412 have grown at 20.20% CAGR, reaching ₹2,489.38 Crore in FY 2024-25.
Among the 21 subchapters under Chapter 44, HSN Sub-Chapter 4412 ranks #4 by export value — accounting for 8.79% of the chapter's total exports in FY 2024-25. On the import side, it holds 11.19% share (rank #4).
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 4412 and GST compliance.
It includes Laminated Plywood, Veneered Panels
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.
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.
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.
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.
Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.
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.