Export Decline: −11.20% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 4416 have declined at a compound annual rate of −11.20% over 7 fiscal years, falling from ₹1.53 Crore in FY 2018-19 to ₹0.75 Crore in FY 2024-25.
HSN Sub Chapter 4416 represents Wooden barrels & containers under GST classification. This code helps businesses identify Wooden barrels & containers correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4416, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Wooden barrels & containers.
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GST Rate for Wooden barrels & containers under HSN Code 4416. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Wooden barrels & containers.
Tariff HSN
Description
Casks, barrels, vats, tubs and other coopers’ products and parts thereof, of wood, including staves : Casks, barrels, vats and tubs
Tariff HSN
Description
Casks, barrels, vats, tubs and other coopers’ products and parts thereof, of wood, including staves : Other coopers’ products
Tariff HSN
Description
Casks, barrels, vats, tubs and other coopers’ products and parts thereof, of wood, including staves : Parts (of wood) : Riven or sawn staves of wood not further prepared
Tariff HSN
Description
Casks, barrels, vats, tubs and other coopers’ products and parts thereof, of wood, including staves : Parts (of wood) : Other
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹143 Cr
0.0023% of India’s total imports
Trade Balance
FY 2024-25−₹142 Cr
Surplus rank #750 of 1233 subchapters
% of Chapter 44
FY 2024-250.02%
Share of Chapter 44’s total exports in FY 2024-25
Import side: 0.64% of Chapter 44’s imports
Rank Within Chapter 44
FY 2024-25#19 of 21
Position by export value among subchapters in Chapter 44
Import-side rank: #13 of 21
At a glance
−11.20%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1146
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+202.50%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.02%
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
−15.07
Exports
1.53 ₹ Cr
0.0001% share
— YoY
0.04% of Ch. 44
Imports
16.60 ₹ Cr
0.0005% share
— YoY
0.11% of Ch. 44
Balance
−15.93
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−82.35% YoY
0.01% of Ch. 44
Imports
16.20 ₹ Cr
0.0005% share
−2.41% YoY
0.11% of Ch. 44
Balance
−22.52
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+11.11% YoY
0.01% of Ch. 44
Imports
22.82 ₹ Cr
0.0008% share
+40.86% YoY
0.19% of Ch. 44
Balance
−14.12
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+33.33% YoY
0.01% of Ch. 44
Imports
14.52 ₹ Cr
0.0003% share
−36.37% YoY
0.10% of Ch. 44
Balance
−29.63
Exports
1.21 ₹ Cr
0.0000% share
+202.50% YoY
0.02% of Ch. 44
Imports
30.84 ₹ Cr
0.0005% share
+112.40% YoY
0.17% of Ch. 44
Balance
−55.06
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−47.93% YoY
0.01% of Ch. 44
Imports
55.69 ₹ Cr
0.0010% share
+80.58% YoY
0.30% of Ch. 44
Balance
−141.76
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+19.05% YoY
0.02% of Ch. 44
Imports
142.51 ₹ Cr
0.0023% share
+155.90% YoY
0.64% of Ch. 44
CAGR · 7-Year
Exports
−11.20% /yr
Imports
43.09% /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 4416 have declined at a compound annual rate of −11.20% over 7 fiscal years, falling from ₹1.53 Crore in FY 2018-19 to ₹0.75 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 4416 ranks #1146 out of 1233 subchapters by total export value. Within Chapter 44, it ranks #19 of 21. By trade surplus, it ranks #750 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 4416 was recorded in FY 2022-23, when exports surged by 202.50% over the prior year.
In FY 2024-25, India's imports of ₹142.51 Cr exceeded exports of ₹0.75 Cr, resulting in a trade deficit of ₹141.76 Crore — ranking #750 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 4416 have grown at 43.09% CAGR, reaching ₹142.51 Crore in FY 2024-25.
Among the 21 subchapters under Chapter 44, HSN Sub-Chapter 4416 ranks #19 by export value — accounting for 0.02% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.64% share (rank #13).
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 4416 and GST compliance.
It includes Wooden barrels & containers
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.
Use a delivery challan for sending Wooden barrels & containers 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.
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.
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.
If your outward supply of Wooden barrels & containers 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.