---
title: "HSN Code for Wood Turpentine Oil & Spirit of Turpentine | HSN 38051010 GST Rate"
description: "Find HSN and GST Rates for 38051010 related to Wood Turpentine Oil & Spirit of Turpentine with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-38051010/"
---

# HSN Code 38051010: Wood Turpentine Oil & Spirit of Turpentine

- [Section 06: Guide to HSN Section 06](https://busy.in/hsn/section-06/)
- [Chapter 38: Miscellaneous Chemical Products](https://busy.in/hsn/chapter-38/)
- [Sub-chapter 3805: Turpentine & terpenic oils, pine oil](https://busy.in/hsn/sub-chapter-3805/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Gum, wood or sulphate turpentine oils: Wood turpentine oil and spirit of turpentine | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 38051010 ?

It includes Wood Turpentine Oil & Spirit of Turpentine

### How should mixed supplies be billed when Wood Turpentine Oil & Spirit of Turpentine is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Wood Turpentine Oil & Spirit of Turpentine; Nil for exempt items if applicable).

### Any common misclassification issue with Wood Turpentine Oil & Spirit of Turpentine?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

### How much GST applies to Wood Turpentine Oil & Spirit of Turpentine?

Under HSN 38051010, Wood Turpentine Oil & Spirit of Turpentine attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Can we claim ITC on inputs used to trade Wood Turpentine Oil & Spirit of Turpentine?

If your outward supply is taxable, 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 Wood Turpentine Oil & Spirit of Turpentine?

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.

### Do e‑way bill and e‑invoice apply for Wood Turpentine Oil & Spirit of Turpentine?

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.

## India's trade performance: HSN Code 38051010 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹2 Cr (−23.98% YoY) — 0.0001% of India's total exports
- Imports: ₹3 Cr (−74.98% YoY) — 0.0001% of India's total imports
- Trade balance: −₹1 Cr (Deficit); surplus rank #8048 of 12657 HSN codes
- Share of Sub-Chapter 3805: 1.13% of its exports; import side 0.25%
- Rank within Sub-Chapter 3805: #3 of 8 by export value; import-side #4

### Key metrics

- Export CAGR: 38.93% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #7657 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +318.52% in FY 2021-22
- Contribution to Sub-Ch. 3805: 1.13% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 38051010

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. 3805 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3805 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.19% | 13.75 | 0.0004% | — | 1.01% | −13.49 | #8641 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | +7.69% | 0.17% | 11.78 | 0.0004% | −14.33% | 0.93% | −11.50 | #8609 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | −3.57% | 0.18% | 7.79 | 0.0003% | −33.87% | 0.74% | −7.52 | #8674 |
| FY 2021-22 | 1.13 | 0.0000% | +318.52% | 0.86% | 5.92 | 0.0001% | −24.01% | 0.37% | −4.79 | #7870 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | −26.55% | 0.53% | 3.15 | 0.0001% | −46.79% | 0.18% | −2.32 | #8263 |
| FY 2023-24 | 2.46 | 0.0001% | +196.39% | 1.72% | 13.27 | 0.0002% | +321.27% | 1.09% | −10.81 | #7355 |
| FY 2024-25 | 1.87 | 0.0001% | −23.98% | 1.13% | 3.32 | 0.0001% | −74.98% | 0.25% | −1.45 | #7657 |

- CAGR (7-year): exports 38.93%/yr, imports -21.09%/yr (consistently Deficit)

## Key trade insights: HSN Code 38051010 export-import analysis

### Consistent export growth: 38.93% CAGR over 7 years

India's exports under HSN Code 38051010 have grown at a compound annual rate of 38.93% over 7 fiscal years, rising from ₹0.26 Crore in FY 2018-19 to ₹1.87 Crore in FY 2024-25.

### HSN Code 38051010 ranked #7657 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 38051010 ranks #7657 out of 12657 HSN codes by total export value. Within Sub-Chapter 3805, it ranks #3 of 8. By trade surplus, it ranks #8048 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 38051010 exports

The strongest single-year export movement for HSN Code 38051010 was recorded in FY 2021-22, when exports surged by 318.52% over the prior year.

### India records a trade deficit of ₹1.45 Crore in HSN Code 38051010 goods

In FY 2024-25, India's imports of ₹3.32 Cr exceeded exports of ₹1.87 Cr, resulting in a trade deficit of ₹1.45 Crore — ranking #8048 of 12657 by surplus magnitude.

### Import growth of -21.09% CAGR signals stable import dependency for Wood Turpentine Oil & Spirit of Turpentine

India's imports under HSN Code 38051010 have grown at -21.09% CAGR, reaching ₹3.32 Crore in FY 2024-25.

### HSN Code 38051010 contributes 1.13% of Sub-Chapter 3805 exports — ranked #3

Among the 8 HSN codes under Sub-Chapter 3805, HSN Code 38051010 ranks #3 by export value — accounting for 1.13% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.25% share (rank #4).

## Related HSN Codes in Sub-Chapter 3805

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 38059090: Other terpenic oils](https://busy.in/hsn/hsn-38059090/) | ₹157 Cr |
| #2 | [HSN Code 38051020: Gum turpentine oil](https://busy.in/hsn/hsn-38051020/) | ₹3 Cr |
| #3 | HSN Code 38051010: Wood Turpentine Oil & Spirit of Turpentine (this hsn code) | ₹2 Cr |
| #4 | [HSN Code 38059010: Terpenic Oils (Coniferous Wood Distillation)](https://busy.in/hsn/hsn-38059010/) | ₹2 Cr |
| #5 | [HSN Code 38059020: Other \| Crude Dipentene](https://busy.in/hsn/hsn-38059020/) | < ₹1 Crore |
| #6 | [HSN Code 38051030: Sulphate turpentine oil](https://busy.in/hsn/hsn-38051030/) | < ₹1 Crore |
| — | [HSN Code 38059030: Sulphite Turpentine](https://busy.in/hsn/hsn-38059030/) | Nil |
| — | [HSN Code 38052000: Insecticide: Aldrin](https://busy.in/hsn/hsn-38052000/) | — |