--- title: "HSN Code for Terpenic Oils (Coniferous Wood Distillation) | HSN 38059010 GST Rate" description: "Find HSN and GST Rates for 38059010 related to Terpenic Oils (Coniferous Wood Distillation) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-38059010/" --- # HSN Code 38059010: Terpenic Oils (Coniferous Wood Distillation) - [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 | | --- | --- | --- | --- | --- | | Other : Terpenic oils produced by the distillation or other treatment of coniferous woods | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 38059010 ? It includes Terpenic Oils (Coniferous Wood Distillation) ### Does packaging or labelling change the GST for Terpenic Oils (Coniferous Wood Distillation)? 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. ### How much GST applies to Terpenic Oils (Coniferous Wood Distillation)? Under HSN 38059010, Terpenic Oils (Coniferous Wood Distillation) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Terpenic Oils (Coniferous Wood Distillation)? 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. ### Can we claim ITC on inputs used to trade Terpenic Oils (Coniferous Wood Distillation)? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Any common misclassification issue with Terpenic Oils (Coniferous Wood Distillation)? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 38059010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹2 Cr (−28.79% YoY) — 0.0000% of India's total exports - Imports: ₹1 Cr (+42.47% YoY) — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #4610 of 12657 HSN codes - Share of Sub-Chapter 3805: 1.11% of its exports; import side 0.08% - Rank within Sub-Chapter 3805: #4 of 8 by export value; import-side #5 ### Key metrics - Export CAGR: -7.81% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7673 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +341.76% in FY 2020-21 - Contribution to Sub-Ch. 3805: 1.11% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 38059010 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 | 2.98 | 0.0001% | — | 2.20% | 1.17 | 0.0000% | — | 0.09% | +1.81 | #6476 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −69.46% | 0.55% | < ₹1 Crore | 0.0000% | −58.12% | 0.04% | +0.42 | #7696 | | FY 2020-21 | 4.02 | 0.0002% | +341.76% | 2.69% | 2.31 | 0.0001% | +371.43% | 0.22% | +1.71 | #6188 | | FY 2021-22 | 1.83 | 0.0001% | −54.48% | 1.39% | 1.25 | 0.0000% | −45.89% | 0.08% | +0.58 | #7421 | | FY 2022-23 | 1.50 | 0.0000% | −18.03% | 0.96% | < ₹1 Crore | 0.0000% | −76.00% | 0.02% | +1.20 | #7738 | | FY 2023-24 | 2.57 | 0.0001% | +71.33% | 1.80% | < ₹1 Crore | 0.0000% | +143.33% | 0.06% | +1.84 | #7301 | | FY 2024-25 | 1.83 | 0.0000% | −28.79% | 1.11% | 1.04 | 0.0000% | +42.47% | 0.08% | +0.79 | #7673 | - CAGR (7-year): exports -7.81%/yr, imports -1.94%/yr (consistently Surplus) ## Key trade insights: HSN Code 38059010 export-import analysis ### Export decline: -7.81% CAGR over 7 years India's exports under HSN Code 38059010 have declined at a compound annual rate of -7.81% over 7 fiscal years, falling from ₹2.98 Crore in FY 2018-19 to ₹1.83 Crore in FY 2024-25. ### HSN Code 38059010 ranked #7673 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 38059010 ranks #7673 out of 12657 HSN codes by total export value. Within Sub-Chapter 3805, it ranks #4 of 8. By trade surplus, it ranks #4610 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 38059010 exports The strongest single-year export movement for HSN Code 38059010 was recorded in FY 2020-21, when exports surged by 341.76% over the prior year. ### India maintains a trade surplus of ₹0.79 Crore in HSN Code 38059010 goods In FY 2024-25, India's exports of ₹1.83 Cr exceeded imports of ₹1.04 Cr, resulting in a trade surplus of ₹0.79 Crore — ranking #4610 of 12657 by surplus magnitude. ### Import growth of -1.94% CAGR signals stable import dependency for Terpenic Oils (Coniferous Wood Distillation) India's imports under HSN Code 38059010 have grown at -1.94% CAGR, reaching ₹1.04 Crore in FY 2024-25. ### HSN Code 38059010 contributes 1.11% of Sub-Chapter 3805 exports — ranked #4 Among the 8 HSN codes under Sub-Chapter 3805, HSN Code 38059010 ranks #4 by export value — accounting for 1.11% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.08% share (rank #5). ## 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](https://busy.in/hsn/hsn-38051010/) | ₹2 Cr | | #4 | HSN Code 38059010: Terpenic Oils (Coniferous Wood Distillation) (this hsn code) | ₹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/) | — |