HSN Code 34049031: Poly Brominated Biphenyls

HSN Code 34049031 represents Poly Brominated Biphenyls under GST classification. This code helps businesses identify Poly Brominated Biphenyls correctly for billing, taxation, and trade. With HSN Code 34049031, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Poly Brominated Biphenyls.

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Description of Goods for HSN Code 34049031

HSN Code 34049031 relates to the following description.

Description of Goods

Other : Artificial waxes (including water soluble waxes) prepared waxes, not emulsified or containing solvents : Poly brominated biphenyls

Chapter

34 - Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modelling pastes, “dental waxes” and dental preparations with a basis of plaster

Sub Chapter

3404 - Artificial waxes and prepared waxes

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 34049031 not include?

Poly Brominated Biphenyls does not include products with the following descriptions.

HSN Code 34049010

Other : Sealing wax (including bottle sealing wax) in sticks, cakes or similar forms

HSN Code 34049032

Other : Artificial waxes (including water soluble waxes) prepared waxes, not emulsified or containing solvents : Poly chlorinated biphenyls

HSN Code 34049033

Other : Artificial waxes (including water soluble waxes) prepared waxes, not emulsified or containing solvents : Poly chlorinated terphenyls

HSN Code 34049039

Other : Artificial waxes (including water soluble waxes) prepared waxes, not emulsified or containing solvents : Other

India’s Trade Performance — HSN Code 34049031 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

< ₹1 Crore

−50.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #5588 of 12657 HSN codes

% of Sub-Chapter 3404

FY 2024-25

0.00%

Share of Sub-Chapter 3404’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 3404’s imports

Rank Within Sub-Chapter 3404

FY 2024-25

#6 of 9

Position by export value among HSN codes in Sub-Chapter 3404

At a glance

#10437

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

−50.00%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.00%

Contribution to Sub-Ch. 3404

Share of Sub-Chapter 3404 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 34049031

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

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3404

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3404

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3404

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3404

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3404

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3404

FY 2021-22 Exp. Rank #10058

Balance

+0.02

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3404

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3404

FY 2022-23

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 3404

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3404

FY 2023-24 Exp. Rank #10338

Balance

+0.02

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3404

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3404

FY 2024-25 Exp. Rank #10437

Balance

+0.01

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−50.00% YoY

0.00% of Sub-Ch. 3404

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3404

Sub-Chapter 3404 total

reference, FY 2024-25

Export

₹686.85 Cr

Import

₹2,102.20 Cr

Trade Balance

−1,415.35

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

Key Trade Insights: HSN Code 34049031 Export-Import Analysis

Export Snapshot for HSN Code 34049031

India exported ₹0.01 Crore worth of Poly Brominated Biphenyls in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 34049031 Ranked #10437 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 34049031 ranks #10437 out of 12657 HSN codes by total export value. Within Sub-Chapter 3404, it ranks #6 of 9. By trade surplus, it ranks #5588 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 34049031 Exports

The strongest single-year export movement for HSN Code 34049031 was recorded in FY 2024-25, when exports declined by 50.00% over the prior year.

India Maintains a Trade Surplus of ₹0.01 Crore in HSN Code 34049031 Goods

In FY 2024-25, India's exports of ₹0.01 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.01 Crore — ranking #5588 of 12657 by surplus magnitude.

HSN Code 34049031 Contributes 0.00% of Sub-Chapter 3404 Exports — Ranked #6

Among the 9 HSN codes under Sub-Chapter 3404, HSN Code 34049031 ranks #6 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 34049031 and GST compliance.

What products are classified under HSN 34049031 ?

It includes Poly Brominated Biphenyls

Can we claim ITC on inputs used to trade Poly Brominated Biphenyls?

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

How much GST applies to Poly Brominated Biphenyls?

Under HSN 34049031, Poly Brominated Biphenyls attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Poly Brominated Biphenyls is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Poly Brominated Biphenyls; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Poly Brominated Biphenyls?

e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.

Does packaging or labelling change the GST for Poly Brominated Biphenyls?

For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.

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.