HSN Code 38051030: Sulphate turpentine oil

HSN Code 38051030 represents Sulphate turpentine oil under GST classification. This code helps businesses identify Sulphate turpentine oil correctly for billing, taxation, and trade. With HSN Code 38051030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Sulphate turpentine oil.

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Description of Goods for HSN Code 38051030

HSN Code 38051030 relates to the following description.

Description of Goods

Gum, wood or sulphate turpentine oils: Sulphate turpentine oil

Chapter

38 - Miscellaneous chemical products

Sub Chapter

3805 - Gum, wood or sulphate turpentine and other terpenic oils produced by the distillation or other treatment of coniferous woods; crude dipentene; sulphite turpentine and other crude paracymene; pine oil containing alphaterpineol as the main constituent

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 38051030 not include?

Sulphate turpentine oil does not include products with the following descriptions.

HSN Code 38051010

Gum, wood or sulphate turpentine oils: Wood turpentine oil and spirit of turpentine

HSN Code 38052000

Gum, wood or sulphate turpentine and other terpenic oils produced by the distillation or other treatment of coniferous woods; crude dipentene; sulphite turpentine and other crude para-cymene; pine oil containing alpha-terpineol as the main constituent pine oil

HSN Code 38059010

Other : Terpenic oils produced by the distillation or other treatment of coniferous woods

India’s Trade Performance — HSN Code 38051030 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

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹274 Cr

+4.68% vs FY 2023-24

0.0045% of India’s total imports

Trade Balance

FY 2024-25

−₹274 Cr

Trade Deficit

Surplus rank #11536 of 12657 HSN codes

% of Sub-Chapter 3805

FY 2024-25

0.19%

Share of Sub-Chapter 3805’s total exports in FY 2024-25

Import side: 20.36% of Sub-Chapter 3805’s imports

Rank Within Sub-Chapter 3805

FY 2024-25

#6 of 8

Position by export value among HSN codes in Sub-Chapter 3805

Import-side rank: #2 of 8

At a glance

#9162

National Export Rank

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

+100.00%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.19%

Contribution to Sub-Ch. 3805

Share of Sub-Chapter 3805 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 38051030

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

−231.09

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3805

Imports

231.09 ₹ Cr

0.0064% share

— YoY

17.02% of Sub-Ch. 3805

FY 2019-20

Balance

−350.12

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3805

Imports

350.12 ₹ Cr

0.0105% share

+51.51% YoY

27.59% of Sub-Ch. 3805

FY 2020-21 Exp. Rank #9622

Balance

−285.04

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.03% of Sub-Ch. 3805

Imports

285.08 ₹ Cr

0.0098% share

−18.58% YoY

26.97% of Sub-Ch. 3805

FY 2021-22 Exp. Rank #9630

Balance

−270.14

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+100.00% YoY

0.06% of Sub-Ch. 3805

Imports

270.22 ₹ Cr

0.0059% share

−5.21% YoY

16.99% of Sub-Ch. 3805

FY 2022-23 Exp. Rank #10292

Balance

−437.88

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−87.50% YoY

0.01% of Sub-Ch. 3805

Imports

437.89 ₹ Cr

0.0076% share

+62.05% YoY

24.84% of Sub-Ch. 3805

FY 2023-24

Balance

−261.81

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 3805

Imports

261.81 ₹ Cr

0.0047% share

−40.21% YoY

21.52% of Sub-Ch. 3805

FY 2024-25 Exp. Rank #9162

Balance

−273.73

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.19% of Sub-Ch. 3805

Imports

274.05 ₹ Cr

0.0045% share

+4.68% YoY

20.36% of Sub-Ch. 3805

CAGR · 7-Year

Exports

—

Imports

2.88% /yr

Consistently Deficit
Sub-Chapter 3805 total

reference, FY 2024-25

Export

₹164.96 Cr

Import

₹1,346.19 Cr

Trade Balance

−1,181.23

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

Key Trade Insights: HSN Code 38051030 Export-Import Analysis

Export Snapshot for HSN Code 38051030

India exported ₹0.32 Crore worth of Sulphate turpentine oil in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 38051030 Ranked #9162 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 38051030 ranks #9162 out of 12657 HSN codes by total export value. Within Sub-Chapter 3805, it ranks #6 of 8. By trade surplus, it ranks #11536 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 38051030 Exports

The strongest single-year export movement for HSN Code 38051030 was recorded in FY 2021-22, when exports surged by 100.00% over the prior year.

India Records a Trade Deficit of ₹273.73 Crore in HSN Code 38051030 Goods

In FY 2024-25, India's imports of ₹274.05 Cr exceeded exports of ₹0.32 Cr, resulting in a trade deficit of ₹273.73 Crore — ranking #11536 of 12657 by surplus magnitude.

Import Growth of 2.88% CAGR Signals Stable Import Dependency for Sulphate turpentine oil

India's imports under HSN Code 38051030 have grown at 2.88% CAGR, reaching ₹274.05 Crore in FY 2024-25.

HSN Code 38051030 Contributes 0.19% of Sub-Chapter 3805 Exports — Ranked #6

Among the 8 HSN codes under Sub-Chapter 3805, HSN Code 38051030 ranks #6 by export value — accounting for 0.19% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 20.36% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 38051030 and GST compliance.

What products are classified under HSN 38051030 ?

It includes Sulphate turpentine oil

How should mixed supplies be billed when Sulphate turpentine oil is sold with other items?

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

Can we claim ITC on inputs used to trade Sulphate turpentine oil?

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

Do e‑way bill and e‑invoice apply for Sulphate turpentine oil?

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.

How much GST applies to Sulphate turpentine oil?

Under HSN 38051030, Sulphate turpentine oil attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Sulphate turpentine oil?

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

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.