---
title: "HSN Code for Rubber Anti-Oxidants | HSN 38123910 GST Rate"
description: "Find HSN and GST Rates for 38123910 related to Rubber Anti-Oxidants with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-38123910/"
---

# HSN Code 38123910: Rubber Anti-Oxidants

- [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 3812: Rubber/plastic compound accelerators](https://busy.in/hsn/sub-chapter-3812/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Anti-oxidising preparations and other compound stabilisers for rubber or plastics:Other: Anti-oxidants for rubber | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 38123910 ?

It includes Rubber Anti-Oxidants

### Do e‑way bill and e‑invoice apply for Rubber Anti-Oxidants?

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 Rubber Anti-Oxidants?

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

### How should mixed supplies be billed when Rubber Anti-Oxidants is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Rubber Anti-Oxidants; Nil for exempt items if applicable).

### How much GST applies to Rubber Anti-Oxidants?

Under HSN 38123910, Rubber Anti-Oxidants attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Any common misclassification issue with Rubber Anti-Oxidants?

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 38123910 (FY 2024-25)

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

- Exports: ₹198 Cr (+3.35% YoY) — 0.0054% of India's total exports
- Imports: ₹223 Cr (+6.04% YoY) — 0.0037% of India's total imports
- Trade balance: −₹25 Cr (Deficit); surplus rank #9718 of 12657 HSN codes
- Share of Sub-Chapter 3812: 10.46% of its exports; import side 7.45%
- Rank within Sub-Chapter 3812: #4 of 12 by export value; import-side #3

### Key metrics

- Export CAGR: 12.31% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #1863 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +234.17% in FY 2021-22
- Contribution to Sub-Ch. 3812: 10.46% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 38123910

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. 3812 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3812 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 98.40 | 0.0043% | — | 14.68% | 238.46 | 0.0067% | — | 9.79% | −140.06 | #2041 |
| FY 2019-20 | 58.95 | 0.0027% | −40.09% | 7.96% | 173.48 | 0.0052% | −27.25% | 8.55% | −114.53 | #2657 |
| FY 2020-21 | 61.80 | 0.0029% | +4.83% | 7.74% | 183.45 | 0.0063% | +5.75% | 9.68% | −121.65 | #2643 |
| FY 2021-22 | 206.52 | 0.0066% | +234.17% | 14.18% | 217.91 | 0.0048% | +18.78% | 8.07% | −11.39 | #1617 |
| FY 2022-23 | 246.55 | 0.0068% | +19.38% | 16.75% | 244.89 | 0.0043% | +12.38% | 8.09% | +1.66 | #1515 |
| FY 2023-24 | 191.12 | 0.0053% | −22.48% | 12.48% | 210.27 | 0.0037% | −14.14% | 7.93% | −19.15 | #1825 |
| FY 2024-25 | 197.52 | 0.0054% | +3.35% | 10.46% | 222.97 | 0.0037% | +6.04% | 7.45% | −25.45 | #1863 |

- CAGR (7-year): exports 12.31%/yr, imports -1.11%/yr (consistently Deficit)

## Key trade insights: HSN Code 38123910 export-import analysis

### Consistent export growth: 12.31% CAGR over 7 years

India's exports under HSN Code 38123910 have grown at a compound annual rate of 12.31% over 7 fiscal years, rising from ₹98.40 Crore in FY 2018-19 to ₹197.52 Crore in FY 2024-25.

### HSN Code 38123910 ranked #1863 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 38123910 ranks #1863 out of 12657 HSN codes by total export value. Within Sub-Chapter 3812, it ranks #4 of 12. By trade surplus, it ranks #9718 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 38123910 exports

The strongest single-year export movement for HSN Code 38123910 was recorded in FY 2021-22, when exports surged by 234.17% over the prior year.

### India records a trade deficit of ₹25.45 Crore in HSN Code 38123910 goods

In FY 2024-25, India's imports of ₹222.97 Cr exceeded exports of ₹197.52 Cr, resulting in a trade deficit of ₹25.45 Crore — ranking #9718 of 12657 by surplus magnitude.

### Import growth of -1.11% CAGR signals stable import dependency for Rubber Anti-Oxidants

India's imports under HSN Code 38123910 have grown at -1.11% CAGR, reaching ₹222.97 Crore in FY 2024-25.

### HSN Code 38123910 contributes 10.46% of Sub-Chapter 3812 exports — ranked #4

Among the 12 HSN codes under Sub-Chapter 3812, HSN Code 38123910 ranks #4 by export value — accounting for 10.46% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 7.45% share (rank #3).

## Related HSN Codes in Sub-Chapter 3812

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 38123990: Anti-Oxidants & Stabilisers for Rubber/Plastics (Other)](https://busy.in/hsn/hsn-38123990/) | ₹1,092 Cr |
| #2 | [HSN Code 38121000: Prepared Rubber Accelerators](https://busy.in/hsn/hsn-38121000/) | ₹246 Cr |
| #3 | [HSN Code 38122090: Plasticisers for rubber or plastics](https://busy.in/hsn/hsn-38122090/) | ₹202 Cr |
| #4 | HSN Code 38123910: Rubber Anti-Oxidants (this hsn code) | ₹198 Cr |
| #5 | [HSN Code 38123100: TMQ (Trimethyl-1,2-Dihydroquinoline) Mixtures](https://busy.in/hsn/hsn-38123100/) | ₹139 Cr |
| #6 | [HSN Code 38123920: Rubber Softeners](https://busy.in/hsn/hsn-38123920/) | ₹8 Cr |
| #7 | [HSN Code 38123930: Rubber Vulcanising Agents](https://busy.in/hsn/hsn-38123930/) | ₹3 Cr |
| #8 | [HSN Code 38122010: Plasticisers: Phthalate](https://busy.in/hsn/hsn-38122010/) | ₹2 Cr |
| — | [HSN Code 38123010: Softeners for Rubber](https://busy.in/hsn/hsn-38123010/) | — |
| — | [HSN Code 38123020: Vulcanising Agents for Rubber](https://busy.in/hsn/hsn-38123020/) | — |