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HSN Code 13019032: Other : Gum Resins : Oilbanum or frankincense

HSN Code 13019032 represents Other : Gum Resins : Oilbanum or frankincense under GST classification. This code helps businesses identify Other : Gum Resins : Oilbanum or frankincense correctly for billing, taxation, and trade. With HSN Code 13019032, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other : Gum Resins : Oilbanum or frankincense.

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Description of Goods for HSN Code 13019032

HSN Code 13019032 relates to the following description.

Description of Goods

Other : Gum Resins : Oilbanum or frankincense

Chapter

13 - Lac; gums, resins and other vegetable saps and extracts

Sub Chapter

1301 - Lac; natural gums, resins, gum:resins and oleoresins (for example, balsams)

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 13019032 not include?

Other : Gum Resins : Oilbanum or frankincense does not include products with the following descriptions.

HSN Code 13011010

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : shellac

HSN Code 13011020

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : seed lac

HSN Code 13011030

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : stick lac

HSN Code 13011040

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : dewaxed and decolourised lac

HSN Code 13011050

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : bleached lac

HSN Code 13011060

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : gasket lac

HSN Code 13011070

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : button lac

HSN Code 13011080

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : garnet lac

HSN Code 13011090

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : other

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India’s Trade Performance — HSN Code 13019032 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹10 Cr

+49.70% vs FY 2024-25

0.0003% of India’s total exports

India’s Imports

FY 2025-26

₹5 Cr

+1.50% vs FY 2024-25

0.0001% of India’s total imports

Trade Balance

FY 2025-26

₹4 Cr

Trade Surplus

Surplus rank #3876 of 12872 HSN codes

% of Sub-Chapter 1301

FY 2025-26

1.07%

Share of Sub-Chapter 1301’s total exports in FY 2025-26

Import side: 0.20% of Sub-Chapter 1301’s imports

Rank Within Sub-Chapter 1301

FY 2025-26

#8 of 35

Position by export value among HSN codes in Sub-Chapter 1301

Import-side rank: #12 of 35

At a glance

23.46%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#5994

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+76.55%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.07%

Contribution to Sub-Ch. 1301

Share of Sub-Chapter 1301 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 13019032

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #6812

Balance

−2.52

Exports

2.26 ₹ Cr

0.0001% share

— YoY

0.48% of Sub-Ch. 1301

Imports

4.78 ₹ Cr

0.0001% share

— YoY

0.40% of Sub-Ch. 1301

FY 2019-20 Exp. Rank #6663

Balance

+0.17

Exports

2.56 ₹ Cr

0.0001% share

+13.27% YoY

0.38% of Sub-Ch. 1301

Imports

2.39 ₹ Cr

0.0001% share

−50.00% YoY

0.18% of Sub-Ch. 1301

FY 2020-21 Exp. Rank #6356

Balance

−5.85

Exports

3.54 ₹ Cr

0.0002% share

+38.28% YoY

0.43% of Sub-Ch. 1301

Imports

9.39 ₹ Cr

0.0003% share

+292.89% YoY

0.76% of Sub-Ch. 1301

FY 2021-22 Exp. Rank #6083

Balance

−1.71

Exports

6.25 ₹ Cr

0.0002% share

+76.55% YoY

0.63% of Sub-Ch. 1301

Imports

7.96 ₹ Cr

0.0002% share

−15.23% YoY

0.56% of Sub-Ch. 1301

FY 2022-23 Exp. Rank #6035

Balance

−0.76

Exports

7.24 ₹ Cr

0.0002% share

+15.84% YoY

0.72% of Sub-Ch. 1301

Imports

8.00 ₹ Cr

0.0001% share

+0.50% YoY

0.34% of Sub-Ch. 1301

FY 2023-24 Exp. Rank #6622

Balance

+0.45

Exports

4.81 ₹ Cr

0.0001% share

−33.56% YoY

0.67% of Sub-Ch. 1301

Imports

4.36 ₹ Cr

0.0001% share

−45.50% YoY

0.22% of Sub-Ch. 1301

FY 2024-25 Exp. Rank #6296

Balance

+1.26

Exports

6.60 ₹ Cr

0.0002% share

+37.21% YoY

0.80% of Sub-Ch. 1301

Imports

5.34 ₹ Cr

0.0001% share

+22.48% YoY

0.23% of Sub-Ch. 1301

FY 2025-26 Exp. Rank #5994

Balance

+4.46

Exports

9.88 ₹ Cr

0.0003% share

+49.70% YoY

1.07% of Sub-Ch. 1301

Imports

5.42 ₹ Cr

0.0001% share

+1.50% YoY

0.20% of Sub-Ch. 1301

CAGR · 8-Year

Exports

23.46% /yr

Imports

1.81% /yr

Consistently Surplus
Sub-Chapter 1301 total

reference, FY 2025-26

Export

₹922.44 Cr

Import

₹2,754.94 Cr

Trade Balance

−1,832.50

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

Key Trade Insights: HSN Code 13019032 Export-Import Analysis

Consistent Export Growth: 23.46% CAGR Over 8 Years

India's exports under HSN Code 13019032 have grown at a compound annual rate of 23.46% over 8 fiscal years, rising from ₹2.26 Crore in FY 2018-19 to ₹9.88 Crore in FY 2025-26.

HSN Code 13019032 Ranked #5994 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 13019032 ranks #5994 out of 12872 HSN codes by total export value. Within Sub-Chapter 1301, it ranks #8 of 35. By trade surplus, it ranks #3876 of 12872.

FY 2021-22 Was the Strongest Growth Year for HSN Code 13019032 Exports

The strongest single-year export movement for HSN Code 13019032 was recorded in FY 2021-22, when exports surged by 76.55% over the prior year.

India Maintains a Trade Surplus of ₹4.46 Crore in HSN Code 13019032 Goods

In FY 2025-26, India's exports of ₹9.88 Cr exceeded imports of ₹5.42 Cr, resulting in a trade surplus of ₹4.46 Crore — ranking #3876 of 12872 by surplus magnitude.

Import Growth of 1.81% CAGR Signals Stable Import Dependency for Other : Gum Resins : Oilbanum or frankincense

India's imports under HSN Code 13019032 have grown at 1.81% CAGR, reaching ₹5.42 Crore in FY 2025-26.

HSN Code 13019032 Contributes 1.07% of Sub-Chapter 1301 Exports — Ranked #8

Among the 35 HSN codes under Sub-Chapter 1301, HSN Code 13019032 ranks #8 by export value — accounting for 1.07% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.20% share (rank #12).

Frequently Asked Questions

Clear answers to common queries about HSN Code 13019032 and GST compliance.

What products are classified under HSN 13019032 ?

It includes Other : Gum Resins : Oilbanum or frankincense

How much GST applies to Other : Gum Resins : Oilbanum or frankincense?

Under HSN 13019032, Other : Gum Resins : Oilbanum or frankincense attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

Can we claim ITC on inputs used to trade Other : Gum Resins : Oilbanum or frankincense?

If your outward supply is taxable (5%/12% etc.), eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Does packaging or labelling change the GST for Other : Gum Resins : Oilbanum or frankincense?

For many agri/food items, GST applies at 5% when they are not fresh/chilled and are sold as pre‑packaged & labelled. Loose or fresh/chilled forms may be Nil.

Any common misclassification issue with Other : Gum Resins : Oilbanum or frankincense?

Use the exact HSN and the correct form (fresh/chilled vs. frozen/dried; PPL vs. not). Apply the rate per line to avoid wrong tax collection.

How should mixed supplies be billed when Other : Gum Resins : Oilbanum or frankincense is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other : Gum Resins : Oilbanum or frankincense; Nil for exempt items if applicable).

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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.