HSN Code 38123910: Rubber Anti-Oxidants

HSN Code 38123910 represents Rubber Anti-Oxidants under GST classification. This code helps businesses identify Rubber Anti-Oxidants correctly for billing, taxation, and trade. With HSN Code 38123910, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Rubber Anti-Oxidants.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 38123910

HSN Code 38123910 relates to the following description.

Description of Goods

Anti-oxidising preparations and other compound stabilisers for rubber or plastics:Other: Anti-oxidants for rubber

Chapter

38 - Miscellaneous chemical products

Sub Chapter

3812 - Prepared rubber accelerators; compound plasticisers for rubber or plastics, not elsewhere specified or included; antioxidising preparations and other compound stabilisers for rubber or plastics

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 38123910 not include?

Rubber Anti-Oxidants does not include products with the following descriptions.

Prepared rubber accelerators; compound plasticisers for rubber or plastics, not elsewhere specified or included; anti-oxidising preparations and other compound stabilisers for rubber or plastics anti-oxidising preparations and other compound stabilisers for rubber or plastics: anti-oxidants for rubber

Prepared rubber accelerators; compound plasticisers for rubber or plastics, not elsewhere specified or included; anti-oxidising preparations and other compound stabilisers for rubber or plastics anti-oxidising preparations and other compound stabilisers for rubber or plastics: softeners for rubber

Prepared rubber accelerators; compound plasticisers for rubber or plastics, not elsewhere specified or included; anti-oxidising preparations and other compound stabilisers for rubber or plastics anti-oxidising preparations and other compound stabilisers for rubber or plastics: vulcanising agents for rubber

Prepared rubber accelerators; compound plasticisers for rubber or plastics, not elsewhere specified or included; anti-oxidising preparations and other compound stabilisers for rubber or plastics anti-oxidising preparations and other compound stabilisers for rubber or plastics: other

Anti-oxidising preparations and other compound stabilizers for rubber or plastics: Mixtures of oligomers of 2, 2, 4-trimethyl-1, 2-dihydroquinoline (TMQ)

Anti-oxidising preparations and other compound stabilisers for rubber or plastics: Other: Softeners for rubber

Anti-oxidising preparations and other compound stabilisers for rubber or plastics: Other: Vulcanising agents for rubber

Anti-oxidising preparations and other compound stabilisers for rubber or plastics: Other: Other

India’s Trade Performance — HSN Code 38123910 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

₹198 Cr

+3.35% vs FY 2023-24

0.0054% of India’s total exports

India’s Imports

FY 2024-25

₹223 Cr

+6.04% vs FY 2023-24

0.0037% of India’s total imports

Trade Balance

FY 2024-25

−₹25 Cr

Trade Deficit

Surplus rank #9718 of 12657 HSN codes

% of Sub-Chapter 3812

FY 2024-25

10.46%

Share of Sub-Chapter 3812’s total exports in FY 2024-25

Import side: 7.45% of Sub-Chapter 3812’s imports

Rank Within Sub-Chapter 3812

FY 2024-25

#4 of 12

Position by export value among HSN codes in Sub-Chapter 3812

Import-side rank: #3 of 12

At a glance

12.31%

Export CAGR

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

#1863

National Export Rank

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

+234.17%

Peak Growth Year

FY 2021-22 · strongest single-year move

10.46%

Contribution to Sub-Ch. 3812

Share of Sub-Chapter 3812 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #2041

Balance

−140.06

Exports

98.40 ₹ Cr

0.0043% share

YoY

14.68% of Sub-Ch. 3812

Imports

238.46 ₹ Cr

0.0067% share

YoY

9.79% of Sub-Ch. 3812

FY 2019-20 Exp. Rank #2657

Balance

−114.53

Exports

58.95 ₹ Cr

0.0027% share

−40.09% YoY

7.96% of Sub-Ch. 3812

Imports

173.48 ₹ Cr

0.0052% share

−27.25% YoY

8.55% of Sub-Ch. 3812

FY 2020-21 Exp. Rank #2643

Balance

−121.65

Exports

61.80 ₹ Cr

0.0029% share

+4.83% YoY

7.74% of Sub-Ch. 3812

Imports

183.45 ₹ Cr

0.0063% share

+5.75% YoY

9.68% of Sub-Ch. 3812

FY 2021-22 Exp. Rank #1617

Balance

−11.39

Exports

206.52 ₹ Cr

0.0066% share

+234.17% YoY

14.18% of Sub-Ch. 3812

Imports

217.91 ₹ Cr

0.0048% share

+18.78% YoY

8.07% of Sub-Ch. 3812

FY 2022-23 Exp. Rank #1515

Balance

+1.66

Exports

246.55 ₹ Cr

0.0068% share

+19.38% YoY

16.75% of Sub-Ch. 3812

Imports

244.89 ₹ Cr

0.0043% share

+12.38% YoY

8.09% of Sub-Ch. 3812

FY 2023-24 Exp. Rank #1825

Balance

−19.15

Exports

191.12 ₹ Cr

0.0053% share

−22.48% YoY

12.48% of Sub-Ch. 3812

Imports

210.27 ₹ Cr

0.0037% share

−14.14% YoY

7.93% of Sub-Ch. 3812

FY 2024-25 Exp. Rank #1863

Balance

−25.45

Exports

197.52 ₹ Cr

0.0054% share

+3.35% YoY

10.46% of Sub-Ch. 3812

Imports

222.97 ₹ Cr

0.0037% share

+6.04% YoY

7.45% of Sub-Ch. 3812

CAGR · 7-Year

Exports

12.31% /yr

Imports

−1.11% /yr

Consistently Deficit
Sub-Chapter 3812 total

reference, FY 2024-25

Export

₹1,889.08 Cr

Import

₹2,994.77 Cr

Trade Balance

−1,105.69

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

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).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 38123910 and GST compliance.

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.

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.