4701 HSN Code: Mechanical wood pulp

HSN Sub Chapter 4701 represents Mechanical wood pulp under GST classification. This code helps businesses identify Mechanical wood pulp correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4701, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Mechanical wood pulp.

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New GST Rate for HSN Code 4701

GST Rate for Mechanical wood pulp under HSN Code 4701. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

47

HSN Code

HSN Description

Mechanical wood pulp

New GST Rate

5 %
Essential

Old GST Rate

12 %

Tariff HSN Codes under HSN Sub Chapter 4701

Following tariff HSN codes fall under Mechanical wood pulp.

Tariff HSN

Description

Mechanical wood pulp

India’s Trade Performance — HSN Sub-Chapter 4701 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

Nil

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹24 Cr

−20.68% vs FY 2023-24

0.0004% of India’s total imports

Trade Balance

FY 2024-25

−₹24 Cr

Trade Deficit

Surplus rank #632 of 1233 subchapters

% of Chapter 47

FY 2024-25

0.00%

Share of Chapter 47’s total exports in FY 2024-25

Import side: 0.09% of Chapter 47’s imports

At a glance

+144.44%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.00%

Contribution to Ch. 47

Share of Chapter 47 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 4701

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

Balance

Exports

₹ Cr

share

YoY

of Ch. 47

Imports

13.56 ₹ Cr

0.0004% share

YoY

0.07% of Ch. 47

FY 2019-20 Exp. Rank #1175

Balance

−16.33

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.14% of Ch. 47

Imports

16.42 ₹ Cr

0.0005% share

+21.09% YoY

0.10% of Ch. 47

FY 2020-21 Exp. Rank #1162

Balance

−28.81

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+144.44% YoY

0.27% of Ch. 47

Imports

29.03 ₹ Cr

0.0010% share

+76.80% YoY

0.20% of Ch. 47

FY 2021-22

Balance

−6.79

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Ch. 47

Imports

6.79 ₹ Cr

0.0001% share

−76.61% YoY

0.03% of Ch. 47

FY 2022-23

Balance

Exports

₹ Cr

share

YoY

of Ch. 47

Imports

29.84 ₹ Cr

0.0005% share

+339.47% YoY

0.09% of Ch. 47

FY 2023-24

Balance

−29.88

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Ch. 47

Imports

29.88 ₹ Cr

0.0005% share

+0.13% YoY

0.12% of Ch. 47

FY 2024-25

Balance

−23.70

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Ch. 47

Imports

23.70 ₹ Cr

0.0004% share

−20.68% YoY

0.09% of Ch. 47

CAGR · 7-Year

Exports

Imports

9.75% /yr

Consistently Deficit
Chapter 47 total

reference, FY 2024-25

Export

₹52.81 Cr

Import

₹27,452.77 Cr

Trade Balance

−27,399.96

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Sub-Chapter 4701 Export-Import Analysis

Export Snapshot for HSN Sub-Chapter 4701

India exported ₹0.00 Crore worth of Mechanical wood pulp in FY 2024-25. Multi-year trend data is being compiled for this hsn sub-chapter.

FY 2020-21 Was the Strongest Growth Year for HSN Sub-Chapter 4701 Exports

The strongest single-year export movement for HSN Sub-Chapter 4701 was recorded in FY 2020-21, when exports surged by 144.44% over the prior year.

India Records a Trade Deficit of ₹23.70 Crore in HSN Sub-Chapter 4701 Goods

In FY 2024-25, India's imports of ₹23.70 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹23.70 Crore — ranking #632 of 1233 by surplus magnitude.

Import Growth of 9.75% CAGR Signals Stable Import Dependency for Mechanical wood pulp

India's imports under HSN Sub-Chapter 4701 have grown at 9.75% CAGR, reaching ₹23.70 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 4701 and GST compliance.

What products are classified under HSN 4701

It includes Mechanical wood pulp

How do I bill a kit or combo that includes Mechanical wood pulp?

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.

Is the composition scheme suitable if I mainly trade Mechanical wood pulp?

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.

Can reverse charge ever apply to transactions involving Mechanical wood pulp?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Mechanical wood pulp are forward charge. Check the current notifications for any special cases before deciding.

How should I document Mechanical wood pulp sent for job work?

Use a delivery challan for sending Mechanical wood pulp 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.

What are the e‑way bill and e‑invoice points while moving Mechanical wood pulp?

Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.

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.