--- title: "4702 HSN Code | HSN Code for Chemical wood pulp, dissolving grades in India" description: "Know more about 4702 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 4702 covering Chemical wood pulp, dissolving grades." canonical: "https://busy.in/hsn/sub-chapter-4702/" --- # HSN Sub-chapter 4702: Chemical wood pulp, dissolving grades Chemical wood pulp, dissolving grades Part of [Chapter 47: Pulp of wood or of other Fibrous Cellulosic Material; Recovered (Waste and Scrap) Paper or Paperboard](https://busy.in/hsn/chapter-47/). - Current GST rate: 5% - Earlier GST rate: 12% ## HSN codes | Code | Title | | --- | --- | | 47020000 | [Chemical wood pulp](https://busy.in/hsn/hsn-47020000/) | ## Frequently asked questions ### What products are classified under HSN 4702 It includes Chemical wood pulp, dissolving grades ### Does MRP, weight or pack size change GST treatment for Chemical wood pulp, dissolving grades? 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. ### Can I claim ITC on inputs and services used for Chemical wood pulp, dissolving grades? If your outward supply of Chemical wood pulp, dissolving grades 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. ### Do spares or accessories of Chemical wood pulp, dissolving grades follow the same HSN? 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 I repair and return Chemical wood pulp, dissolving grades, how should I charge GST? Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values. ### Is the composition scheme suitable if I mainly trade Chemical wood pulp, dissolving grades? 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. ## India's trade performance: HSN Sub-Chapter 4702 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: Nil — 0.0000% of India's total exports - Imports: ₹7,475 Cr (+11.79% YoY) — 0.1226% of India's total imports - Trade balance: −₹7,475 Cr (Deficit); surplus rank #1136 of 1233 sub-chapters - Share of Chapter 47: 0.00% of its exports; import side 27.23% ### Key metrics - Peak growth year: −100.00% in FY 2020-21 - Contribution to Ch. 47: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Sub-Chapter 4702 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Ch. 47 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Ch. 47 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | — | — | — | — | 3,492.80 | 0.0973% | — | 19.06% | — | — | | FY 2019-20 | < ₹1 Crore | 0.0000% | — | 0.18% | 3,401.16 | 0.1014% | −2.62% | 20.57% | −3,401.05 | #1172 | | FY 2020-21 | Nil | 0.0000% | −100.00% | 0.00% | 2,467.52 | 0.0847% | −27.45% | 16.95% | −2,467.52 | — | | FY 2021-22 | Nil | 0.0000% | — | 0.00% | 5,093.92 | 0.1114% | +106.44% | 19.80% | −5,093.92 | — | | FY 2022-23 | Nil | 0.0000% | — | 0.00% | 5,901.17 | 0.1026% | +15.85% | 18.31% | −5,901.17 | — | | FY 2023-24 | Nil | 0.0000% | — | 0.00% | 6,686.49 | 0.1191% | +13.31% | 25.75% | −6,686.49 | — | | FY 2024-25 | Nil | 0.0000% | — | 0.00% | 7,474.72 | 0.1226% | +11.79% | 27.23% | −7,474.72 | — | - CAGR (7-year): exports —/yr, imports 13.52%/yr (consistently Deficit) ## Key trade insights: HSN Sub-Chapter 4702 export-import analysis ### Export snapshot for HSN Sub-Chapter 4702 India exported ₹0.00 Crore worth of Chemical wood pulp, dissolving grades 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 4702 exports The strongest single-year export movement for HSN Sub-Chapter 4702 was recorded in FY 2020-21, when exports declined by 100.00% over the prior year. ### India records a trade deficit of ₹7,474.72 Crore in HSN Sub-Chapter 4702 goods In FY 2024-25, India's imports of ₹7,474.72 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹7,474.72 Crore — ranking #1136 of 1233 by surplus magnitude. ### Import growth of 13.52% CAGR signals rising demand for Chemical wood pulp, dissolving grades India's imports under HSN Sub-Chapter 4702 have grown at 13.52% CAGR, reaching ₹7,474.72 Crore in FY 2024-25. ## Related Sub-Chapters in Chapter 47 Ranked by export value (FY 2024-25). | Rank | HSN Sub-Chapter | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Sub-Chapter 4706: Cellulosic paper pulps](https://busy.in/hsn/sub-chapter-4706/) | ₹52 Cr | | #2 | [HSN Sub-Chapter 4707: Recovered waste paper, paperboard](https://busy.in/hsn/sub-chapter-4707/) | < ₹1 Crore | | #3 | [HSN Sub-Chapter 4703: Soda chemical wood pulp](https://busy.in/hsn/sub-chapter-4703/) | < ₹1 Crore | | #4 | [HSN Sub-Chapter 4704: Sulphite wood pulp](https://busy.in/hsn/sub-chapter-4704/) | < ₹1 Crore | | — | [HSN Sub-Chapter 4701: Mechanical wood pulp](https://busy.in/hsn/sub-chapter-4701/) | Nil | | — | HSN Sub-Chapter 4702: Chemical wood pulp, dissolving grades (this hsn sub-chapter) | Nil | | — | [HSN Sub-Chapter 4705: Man-made sewing thread](https://busy.in/hsn/sub-chapter-4705/) | Nil | ## Other sub-chapters | Code | Title | | --- | --- | | 4701 | [Mechanical wood pulp](https://busy.in/hsn/sub-chapter-4701/) | | 4703 | [Soda chemical wood pulp](https://busy.in/hsn/sub-chapter-4703/) | | 4704 | [Sulphite wood pulp](https://busy.in/hsn/sub-chapter-4704/) | | 4705 | [Man-made sewing thread](https://busy.in/hsn/sub-chapter-4705/) | | 4706 | [Cellulosic paper pulps](https://busy.in/hsn/sub-chapter-4706/) | | 4707 | [Recovered waste paper, paperboard](https://busy.in/hsn/sub-chapter-4707/) |