--- title: "HSN Code for Other : Gum Resins : Oilbanum or frankincense | HSN 13019032 GST Rate" description: "Find HSN and GST Rates for 13019032 related to Other : Gum Resins : Oilbanum or frankincense with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-13019032/" --- # HSN Code 13019032: Other : Gum Resins : Oilbanum or frankincense - [Section 02: Guide to HSN Section 02](https://busy.in/hsn/section-02/) - [Chapter 13: Lac, Gums, Resins and Other Vegetable Extracts](https://busy.in/hsn/chapter-13/) - [Sub-chapter 1301: Flat-rolled alloy steel](https://busy.in/hsn/sub-chapter-1301/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other : Gum Resins : Oilbanum or frankincense | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### 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). ## India's trade performance: HSN Code 13019032 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹7 Cr (+37.21% YoY) — 0.0002% of India's total exports - Imports: ₹5 Cr (+22.48% YoY) — 0.0001% of India's total imports - Trade balance: ₹1 Cr (Surplus); surplus rank #4422 of 12657 HSN codes - Share of Sub-Chapter 1301: 0.80% of its exports; import side 0.23% - Rank within Sub-Chapter 1301: #8 of 35 by export value; import-side #13 ### Key metrics - Export CAGR: 19.56% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #6296 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +76.55% in FY 2021-22 - Contribution to Sub-Ch. 1301: 0.80% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 13019032 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 Sub-Ch. 1301 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 1301 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 2.26 | 0.0001% | — | 0.48% | 4.78 | 0.0001% | — | 0.40% | −2.52 | #6812 | | FY 2019-20 | 2.56 | 0.0001% | +13.27% | 0.38% | 2.39 | 0.0001% | −50.00% | 0.18% | +0.17 | #6663 | | FY 2020-21 | 3.54 | 0.0002% | +38.28% | 0.43% | 9.39 | 0.0003% | +292.89% | 0.76% | −5.85 | #6356 | | FY 2021-22 | 6.25 | 0.0002% | +76.55% | 0.63% | 7.96 | 0.0002% | −15.23% | 0.56% | −1.71 | #6083 | | FY 2022-23 | 7.24 | 0.0002% | +15.84% | 0.72% | 8.00 | 0.0001% | +0.50% | 0.34% | −0.76 | #6035 | | FY 2023-24 | 4.81 | 0.0001% | −33.56% | 0.67% | 4.36 | 0.0001% | −45.50% | 0.22% | +0.45 | #6622 | | FY 2024-25 | 6.60 | 0.0002% | +37.21% | 0.80% | 5.34 | 0.0001% | +22.48% | 0.23% | +1.26 | #6296 | - CAGR (7-year): exports 19.56%/yr, imports 1.86%/yr (consistently Surplus) ## Key trade insights: HSN Code 13019032 export-import analysis ### Consistent export growth: 19.56% CAGR over 7 years India's exports under HSN Code 13019032 have grown at a compound annual rate of 19.56% over 7 fiscal years, rising from ₹2.26 Crore in FY 2018-19 to ₹6.60 Crore in FY 2024-25. ### HSN Code 13019032 ranked #6296 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 13019032 ranks #6296 out of 12657 HSN codes by total export value. Within Sub-Chapter 1301, it ranks #8 of 35. By trade surplus, it ranks #4422 of 12657. ### 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 ₹1.26 Crore in HSN Code 13019032 goods In FY 2024-25, India's exports of ₹6.60 Cr exceeded imports of ₹5.34 Cr, resulting in a trade surplus of ₹1.26 Crore — ranking #4422 of 12657 by surplus magnitude. ### Import growth of 1.86% CAGR signals stable import dependency for Other : Gum Resins : Oilbanum or frankincense India's imports under HSN Code 13019032 have grown at 1.86% CAGR, reaching ₹5.34 Crore in FY 2024-25. ### HSN Code 13019032 contributes 0.80% 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 0.80% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.23% share (rank #13). ## Related HSN Codes in Sub-Chapter 1301 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 13019099: Other (excluding lac and shellac)](https://busy.in/hsn/hsn-13019099/) | ₹562 Cr | | #2 | [HSN Code 13019013: Natural Gums \| Asafoetida](https://busy.in/hsn/hsn-13019013/) | ₹107 Cr | | #3 | [HSN Code 13012000: Gum Arabic](https://busy.in/hsn/hsn-13012000/) | ₹79 Cr | | #4 | [HSN Code 13019011: Other \| Natural Gums](https://busy.in/hsn/hsn-13019011/) | ₹23 Cr | | #5 | [HSN Code 13019016: Natural gums: Karaya gum (Indian tragacanth)](https://busy.in/hsn/hsn-13019016/) | ₹17 Cr | | #6 | [HSN Code 13019045: Other \| Oleoresins \| Of Flowers](https://busy.in/hsn/hsn-13019045/) | ₹16 Cr | | #7 | [HSN Code 13019019: Other \| Natural Gums](https://busy.in/hsn/hsn-13019019/) | ₹7 Cr | | #8 | HSN Code 13019032: Other : Gum Resins : Oilbanum or frankincense (this hsn code) | ₹7 Cr | | #9 | [HSN Code 13019042: Other \| Oleoresins \| Of Fruits](https://busy.in/hsn/hsn-13019042/) | ₹3 Cr | | #10 | [HSN Code 13019049: Other \| Oleoresins \| Other](https://busy.in/hsn/hsn-13019049/) | ₹2 Cr |