HSN Code 38061010: Rosin And Resin Acids |Gum Rosin

HSN Code 38061010 represents Rosin And Resin Acids |Gum Rosin under GST classification. This code helps businesses identify Rosin And Resin Acids |Gum Rosin correctly for billing, taxation, and trade. With HSN Code 38061010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Rosin And Resin Acids |Gum Rosin.

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Description of Goods for HSN Code 38061010

HSN Code 38061010 relates to the following description.

Description of Goods

Rosin and resin acids :Gum rosin

Chapter

38 - Miscellaneous chemical products

Sub Chapter

3806 - Rosin and resin acids, and derivatives thereof; rosin spirit and rosin oils; run gums

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 38061010 not include?

Rosin And Resin Acids |Gum Rosin does not include products with the following descriptions.

HSN Code 38062000

Salts of rosin, of resin acids or of derivatives of rosin or resin acids, other than salts of rosin adducts

India’s Trade Performance — HSN Code 38061010 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

₹3 Cr

−3.72% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹395 Cr

−0.09% vs FY 2023-24

0.0065% of India’s total imports

Trade Balance

FY 2024-25

−₹392 Cr

Trade Deficit

Surplus rank #11748 of 12657 HSN codes

% of Sub-Chapter 3806

FY 2024-25

4.50%

Share of Sub-Chapter 3806’s total exports in FY 2024-25

Import side: 49.67% of Sub-Chapter 3806’s imports

Rank Within Sub-Chapter 3806

FY 2024-25

#3 of 6

Position by export value among HSN codes in Sub-Chapter 3806

Import-side rank: #1 of 6

At a glance

−2.09%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#7161

National Export Rank

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

+49.24%

Peak Growth Year

FY 2021-22 · strongest single-year move

4.50%

Contribution to Sub-Ch. 3806

Share of Sub-Chapter 3806 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 38061010

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 Exp. Rank #6287

Balance

−347.14

Exports

3.53 ₹ Cr

0.0002% share

— YoY

7.93% of Sub-Ch. 3806

Imports

350.67 ₹ Cr

0.0098% share

— YoY

54.37% of Sub-Ch. 3806

FY 2019-20 Exp. Rank #6541

Balance

−323.96

Exports

2.83 ₹ Cr

0.0001% share

−19.83% YoY

5.57% of Sub-Ch. 3806

Imports

326.79 ₹ Cr

0.0098% share

−6.81% YoY

54.81% of Sub-Ch. 3806

FY 2020-21 Exp. Rank #6687

Balance

−309.91

Exports

2.64 ₹ Cr

0.0001% share

−6.71% YoY

6.28% of Sub-Ch. 3806

Imports

312.55 ₹ Cr

0.0107% share

−4.36% YoY

57.53% of Sub-Ch. 3806

FY 2021-22 Exp. Rank #6636

Balance

−505.56

Exports

3.94 ₹ Cr

0.0001% share

+49.24% YoY

8.62% of Sub-Ch. 3806

Imports

509.50 ₹ Cr

0.0111% share

+63.01% YoY

57.86% of Sub-Ch. 3806

FY 2022-23 Exp. Rank #6680

Balance

−432.13

Exports

4.02 ₹ Cr

0.0001% share

+2.03% YoY

6.99% of Sub-Ch. 3806

Imports

436.15 ₹ Cr

0.0076% share

−14.40% YoY

50.31% of Sub-Ch. 3806

FY 2023-24 Exp. Rank #7055

Balance

−392.60

Exports

3.23 ₹ Cr

0.0001% share

−19.65% YoY

4.84% of Sub-Ch. 3806

Imports

395.83 ₹ Cr

0.0070% share

−9.24% YoY

52.93% of Sub-Ch. 3806

FY 2024-25 Exp. Rank #7161

Balance

−392.36

Exports

3.11 ₹ Cr

0.0001% share

−3.72% YoY

4.50% of Sub-Ch. 3806

Imports

395.47 ₹ Cr

0.0065% share

−0.09% YoY

49.67% of Sub-Ch. 3806

CAGR · 7-Year

Exports

−2.09% /yr

Imports

2.02% /yr

Consistently Deficit
Sub-Chapter 3806 total

reference, FY 2024-25

Export

₹69.09 Cr

Import

₹796.22 Cr

Trade Balance

−727.13

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

Key Trade Insights: HSN Code 38061010 Export-Import Analysis

Export Decline: −2.09% CAGR Over 7 Years

India's exports under HSN Code 38061010 have declined at a compound annual rate of −2.09% over 7 fiscal years, falling from ₹3.53 Crore in FY 2018-19 to ₹3.11 Crore in FY 2024-25.

HSN Code 38061010 Ranked #7161 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 38061010 ranks #7161 out of 12657 HSN codes by total export value. Within Sub-Chapter 3806, it ranks #3 of 6. By trade surplus, it ranks #11748 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 38061010 Exports

The strongest single-year export movement for HSN Code 38061010 was recorded in FY 2021-22, when exports surged by 49.24% over the prior year.

India Records a Trade Deficit of ₹392.36 Crore in HSN Code 38061010 Goods

In FY 2024-25, India's imports of ₹395.47 Cr exceeded exports of ₹3.11 Cr, resulting in a trade deficit of ₹392.36 Crore — ranking #11748 of 12657 by surplus magnitude.

Import Growth of 2.02% CAGR Signals Stable Import Dependency for Rosin And Resin Acids |Gum Rosin

India's imports under HSN Code 38061010 have grown at 2.02% CAGR, reaching ₹395.47 Crore in FY 2024-25.

HSN Code 38061010 Contributes 4.50% of Sub-Chapter 3806 Exports — Ranked #3

Among the 6 HSN codes under Sub-Chapter 3806, HSN Code 38061010 ranks #3 by export value — accounting for 4.50% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 49.67% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 38061010 and GST compliance.

What products are classified under HSN 38061010 ?

It includes Rosin And Resin Acids |Gum Rosin

Does packaging or labelling change the GST for Rosin And Resin Acids /Gum Rosin?

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 should mixed supplies be billed when Rosin And Resin Acids /Gum Rosin is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Rosin And Resin Acids /Gum Rosin; Nil for exempt items if applicable).

How much GST applies to Rosin And Resin Acids /Gum Rosin?

Under HSN 38061010, Rosin And Resin Acids /Gum Rosin attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Rosin And Resin Acids /Gum Rosin?

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.

Any common misclassification issue with Rosin And Resin Acids /Gum Rosin?

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.