HSN Code 38063000: Ester gums
HSN Code 38063000 represents Ester gums under GST classification. This code helps businesses identify Ester gums correctly for billing, taxation, and trade. With HSN Code 38063000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Ester gums.
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Description of Goods for HSN Code 38063000
HSN Code 38063000 relates to the following description.
What does HSN Code 38063000 not include?
Ester gums does not include products with the following descriptions.
Rosin and resin acids :Gum rosin
Rosin and resin acids : Other
Salts of rosin, of resin acids or of derivatives of rosin or resin acids, other than salts of rosin adducts
Other : Run gums
Other : Other
India’s Trade Performance — HSN Code 38063000 in FY 2024-25
India’s Exports
FY 2024-25₹22 Cr
0.0006% of India’s total exports
India’s Imports
FY 2024-25₹65 Cr
0.0011% of India’s total imports
Trade Balance
FY 2024-25−₹43 Cr
Surplus rank #10130 of 12657 HSN codes
% of Sub-Chapter 3806
FY 2024-2531.87%
Share of Sub-Chapter 3806’s total exports in FY 2024-25
Import side: 8.13% of Sub-Chapter 3806’s imports
Rank Within Sub-Chapter 3806
FY 2024-25#2 of 6
Position by export value among HSN codes in Sub-Chapter 3806
Import-side rank: #4 of 6
At a glance
9.82%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#4749
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+67.62%
Peak Growth Year
FY 2021-22 · strongest single-year move
31.87%
Contribution to Sub-Ch. 3806
Share of Sub-Chapter 3806 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 38063000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−36.04
Exports
12.55 ₹ Cr
0.0005% share
— YoY
28.20% of Sub-Ch. 3806
Imports
48.59 ₹ Cr
0.0014% share
— YoY
7.53% of Sub-Ch. 3806
Balance
−37.07
Exports
12.98 ₹ Cr
0.0006% share
+3.43% YoY
25.54% of Sub-Ch. 3806
Imports
50.05 ₹ Cr
0.0015% share
+3.00% YoY
8.39% of Sub-Ch. 3806
Balance
−34.86
Exports
8.43 ₹ Cr
0.0004% share
−35.05% YoY
20.04% of Sub-Ch. 3806
Imports
43.29 ₹ Cr
0.0015% share
−13.51% YoY
7.97% of Sub-Ch. 3806
Balance
−45.61
Exports
14.13 ₹ Cr
0.0005% share
+67.62% YoY
30.91% of Sub-Ch. 3806
Imports
59.74 ₹ Cr
0.0013% share
+38.00% YoY
6.78% of Sub-Ch. 3806
Balance
−59.24
Exports
15.39 ₹ Cr
0.0004% share
+8.92% YoY
26.74% of Sub-Ch. 3806
Imports
74.63 ₹ Cr
0.0013% share
+24.92% YoY
8.61% of Sub-Ch. 3806
Balance
−44.97
Exports
18.36 ₹ Cr
0.0005% share
+19.30% YoY
27.50% of Sub-Ch. 3806
Imports
63.33 ₹ Cr
0.0011% share
−15.14% YoY
8.47% of Sub-Ch. 3806
Balance
−42.71
Exports
22.02 ₹ Cr
0.0006% share
+19.93% YoY
31.87% of Sub-Ch. 3806
Imports
64.73 ₹ Cr
0.0011% share
+2.21% YoY
8.13% of Sub-Ch. 3806
CAGR · 7-Year
Exports
9.82% /yr
Imports
4.90% /yr
reference, FY 2024-25
Export
₹69.09 Cr
Import
₹796.22 Cr
Trade Balance
−727.13
Key Trade Insights: HSN Code 38063000 Export-Import Analysis
Consistent Export Growth: 9.82% CAGR Over 7 Years
India's exports under HSN Code 38063000 have grown at a compound annual rate of 9.82% over 7 fiscal years, rising from ₹12.55 Crore in FY 2018-19 to ₹22.02 Crore in FY 2024-25.
HSN Code 38063000 Ranked #4749 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 38063000 ranks #4749 out of 12657 HSN codes by total export value. Within Sub-Chapter 3806, it ranks #2 of 6. By trade surplus, it ranks #10130 of 12657.
FY 2021-22 Was the Strongest Growth Year for HSN Code 38063000 Exports
The strongest single-year export movement for HSN Code 38063000 was recorded in FY 2021-22, when exports surged by 67.62% over the prior year.
India Records a Trade Deficit of ₹42.71 Crore in HSN Code 38063000 Goods
In FY 2024-25, India's imports of ₹64.73 Cr exceeded exports of ₹22.02 Cr, resulting in a trade deficit of ₹42.71 Crore — ranking #10130 of 12657 by surplus magnitude.
Import Growth of 4.90% CAGR Signals Stable Import Dependency for Ester gums
India's imports under HSN Code 38063000 have grown at 4.90% CAGR, reaching ₹64.73 Crore in FY 2024-25.
HSN Code 38063000 Contributes 31.87% of Sub-Chapter 3806 Exports — Ranked #2
Among the 6 HSN codes under Sub-Chapter 3806, HSN Code 38063000 ranks #2 by export value — accounting for 31.87% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 8.13% share (rank #4).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 38063000 and GST compliance.
What products are classified under HSN 38063000 ?
It includes Ester gums
Any common misclassification issue with Ester gums?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Do e‑way bill and e‑invoice apply for Ester gums?
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 should mixed supplies be billed when Ester gums is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Ester gums; Nil for exempt items if applicable).
Can we claim ITC on inputs used to trade Ester gums?
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 Ester gums?
Under HSN 38063000, Ester gums attracts Varies when sold in taxable form. Describe the exact form on the invoice.