Consistent Export Growth: 11.59% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 4417 have grown at a compound annual rate of 11.59% over 7 fiscal years, rising from ₹71.93 Crore in FY 2018-19 to ₹138.88 Crore in FY 2024-25.
HSN Sub Chapter 4417 represents Wooden tools & handles under GST classification. This code helps businesses identify Wooden tools & handles correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4417, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Wooden tools & handles.
Join our guided walkthrough to see how BUSY can transform your business operations.
GST Rate for Wooden tools & handles under HSN Code 4417. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Wooden tools & handles.
Tariff HSN
Description
Tools, tool bodies, tool handles, broom or brush bodies and handles, of wood; boot or shoe lasts and trees, of wood
India’s Exports
FY 2024-25₹139 Cr
0.0038% of India’s total exports
India’s Imports
FY 2024-25₹38 Cr
0.0006% of India’s total imports
Trade Balance
FY 2024-25₹101 Cr
Surplus rank #386 of 1233 subchapters
% of Chapter 44
FY 2024-252.78%
Share of Chapter 44’s total exports in FY 2024-25
Import side: 0.17% of Chapter 44’s imports
Rank Within Chapter 44
FY 2024-25#10 of 21
Position by export value among subchapters in Chapter 44
Import-side rank: #16 of 21
At a glance
11.59%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#780
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+76.99%
Peak Growth Year
FY 2020-21 · strongest single-year move
2.78%
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
+56.85
Exports
71.93 ₹ Cr
0.0031% share
— YoY
2.10% of Ch. 44
Imports
15.08 ₹ Cr
0.0004% share
— YoY
0.10% of Ch. 44
Balance
+55.33
Exports
76.09 ₹ Cr
0.0034% share
+5.78% YoY
2.43% of Ch. 44
Imports
20.76 ₹ Cr
0.0006% share
+37.67% YoY
0.15% of Ch. 44
Balance
+109.98
Exports
134.67 ₹ Cr
0.0063% share
+76.99% YoY
3.85% of Ch. 44
Imports
24.69 ₹ Cr
0.0008% share
+18.93% YoY
0.21% of Ch. 44
Balance
+110.99
Exports
136.66 ₹ Cr
0.0044% share
+1.48% YoY
2.46% of Ch. 44
Imports
25.67 ₹ Cr
0.0006% share
+3.97% YoY
0.17% of Ch. 44
Balance
+82.85
Exports
113.45 ₹ Cr
0.0031% share
−16.98% YoY
2.23% of Ch. 44
Imports
30.60 ₹ Cr
0.0005% share
+19.21% YoY
0.17% of Ch. 44
Balance
+108.14
Exports
143.22 ₹ Cr
0.0040% share
+26.24% YoY
2.79% of Ch. 44
Imports
35.08 ₹ Cr
0.0006% share
+14.64% YoY
0.19% of Ch. 44
Balance
+101.04
Exports
138.88 ₹ Cr
0.0038% share
−3.03% YoY
2.78% of Ch. 44
Imports
37.84 ₹ Cr
0.0006% share
+7.87% YoY
0.17% of Ch. 44
CAGR · 7-Year
Exports
11.59% /yr
Imports
16.57% /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 4417 have grown at a compound annual rate of 11.59% over 7 fiscal years, rising from ₹71.93 Crore in FY 2018-19 to ₹138.88 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 4417 ranks #780 out of 1233 subchapters by total export value. Within Chapter 44, it ranks #10 of 21. By trade surplus, it ranks #386 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 4417 was recorded in FY 2020-21, when exports surged by 76.99% over the prior year.
In FY 2024-25, India's exports of ₹138.88 Cr exceeded imports of ₹37.84 Cr, resulting in a trade surplus of ₹101.04 Crore — ranking #386 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 4417 have grown at 16.57% CAGR, reaching ₹37.84 Crore in FY 2024-25.
Among the 21 subchapters under Chapter 44, HSN Sub-Chapter 4417 ranks #10 by export value — accounting for 2.78% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.17% share (rank #16).
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 4417 and GST compliance.
It includes Wooden tools & handles
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.
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.
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.
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.