--- title: "4703 HSN Code | HSN Code for Soda chemical wood pulp in India" description: "Know more about 4703 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 4703 covering Soda chemical wood pulp." canonical: "https://busy.in/hsn/sub-chapter-4703/" --- # HSN Sub-chapter 4703: Soda chemical wood pulp Chemical wood pulp, soda or sulphate, other than 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 | | --- | --- | | 47031100 | [Unbleached : Coniferous](https://busy.in/hsn/hsn-47031100/) | | 47031900 | [Unbleached : Non-coniferous](https://busy.in/hsn/hsn-47031900/) | | 47032100 | [Semi-Bleached Or Bleached \| Coniferous](https://busy.in/hsn/hsn-47032100/) | | 47032900 | [Semi-Bleached\| Non-Coniferous](https://busy.in/hsn/hsn-47032900/) | ## Frequently asked questions ### What products are classified under HSN 4703 It includes Soda chemical wood pulp ### How should I document Soda chemical wood pulp sent for job work? Use a delivery challan for sending Soda chemical 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. ### Any special steps when selling Soda chemical wood pulp through an e‑commerce platform? 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. ### How are warranty replacements of Soda chemical wood pulp handled? 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. ### What should my invoice and records include for Soda chemical wood pulp? 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. ### Do spares or accessories of Soda chemical wood pulp 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. ## India's trade performance: HSN Sub-Chapter 4703 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−47.06% YoY) — 0.0000% of India's total exports - Imports: ₹6,355 Cr (−2.26% YoY) — 0.1042% of India's total imports - Trade balance: −₹6,355 Cr (Deficit); surplus rank #1131 of 1233 sub-chapters - Share of Chapter 47: 0.17% of its exports; import side 23.15% - Rank within Chapter 47: #3 of 7 by export value; import-side #3 ### Key metrics - Export CAGR: -53.01% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1183 of 1233 sub-chapters by export value (FY 2024-25) - Peak growth year: +112.50% in FY 2023-24 - Contribution to Ch. 47: 0.17% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Sub-Chapter 4703 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 | 8.36 | 0.0004% | — | 33.75% | 4,072.40 | 0.1134% | — | 22.23% | −4,064.04 | #1017 | | FY 2019-20 | 11.31 | 0.0005% | +35.29% | 18.10% | 3,567.56 | 0.1063% | −12.40% | 21.58% | −3,556.25 | #995 | | FY 2020-21 | 2.42 | 0.0001% | −78.60% | 3.02% | 2,690.85 | 0.0923% | −24.57% | 18.48% | −2,688.43 | #1089 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −96.28% | 0.59% | 4,303.31 | 0.0942% | +59.92% | 16.73% | −4,303.22 | #1178 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −11.11% | 0.27% | 7,451.60 | 0.1296% | +73.16% | 23.12% | −7,451.52 | #1181 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +112.50% | 0.23% | 6,502.30 | 0.1158% | −12.74% | 25.04% | −6,502.13 | #1180 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −47.06% | 0.17% | 6,355.47 | 0.1042% | −2.26% | 23.15% | −6,355.38 | #1183 | - CAGR (7-year): exports -53.01%/yr, imports 7.70%/yr (consistently Deficit) ## Key trade insights: HSN Sub-Chapter 4703 export-import analysis ### Export decline: -53.01% CAGR over 7 years India's exports under HSN Sub-Chapter 4703 have declined at a compound annual rate of -53.01% over 7 fiscal years, falling from ₹8.36 Crore in FY 2018-19 to ₹0.09 Crore in FY 2024-25. ### HSN Sub-Chapter 4703 ranked #1183 among all 1233 sub-chapters by export value In FY 2024-25, HSN Sub-Chapter 4703 ranks #1183 out of 1233 sub-chapters by total export value. Within Chapter 47, it ranks #3 of 7. By trade surplus, it ranks #1131 of 1233. ### FY 2023-24 was the strongest growth year for HSN Sub-Chapter 4703 exports The strongest single-year export movement for HSN Sub-Chapter 4703 was recorded in FY 2023-24, when exports surged by 112.50% over the prior year. ### India records a trade deficit of ₹6,355.38 Crore in HSN Sub-Chapter 4703 goods In FY 2024-25, India's imports of ₹6,355.47 Cr exceeded exports of ₹0.09 Cr, resulting in a trade deficit of ₹6,355.38 Crore — ranking #1131 of 1233 by surplus magnitude. ### Import growth of 7.70% CAGR signals stable import dependency for Soda chemical wood pulp India's imports under HSN Sub-Chapter 4703 have grown at 7.70% CAGR, reaching ₹6,355.47 Crore in FY 2024-25. ### HSN Sub-Chapter 4703 contributes 0.17% of Chapter 47 exports — ranked #3 Among the 7 sub-chapters under Chapter 47, HSN Sub-Chapter 4703 ranks #3 by export value — accounting for 0.17% of the chapter's total exports in FY 2024-25. On the import side, it holds 23.15% share (rank #3). ## 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 (this hsn sub-chapter) | < ₹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](https://busy.in/hsn/sub-chapter-4702/) | 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/) | | 4702 | [Chemical wood pulp, dissolving grades](https://busy.in/hsn/sub-chapter-4702/) | | 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/) |