--- title: "HSN Code for Rubber Vulcanising Agents | HSN 38123930 GST Rate" description: "Find HSN and GST Rates for 38123930 related to Rubber Vulcanising Agents with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-38123930/" --- # HSN Code 38123930: Rubber Vulcanising Agents - [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: Vulcanising agents for rubber | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 38123930 ? It includes Rubber Vulcanising Agents ### How much GST applies to Rubber Vulcanising Agents? Under HSN 38123930, Rubber Vulcanising Agents attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Rubber Vulcanising Agents? 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 Rubber Vulcanising Agents is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Rubber Vulcanising Agents; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Rubber Vulcanising Agents? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Rubber Vulcanising Agents? 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. ## India's trade performance: HSN Code 38123930 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹3 Cr (+51.48% YoY) — 0.0001% of India's total exports - Imports: ₹61 Cr (+10.77% YoY) — 0.0010% of India's total imports - Trade balance: −₹58 Cr (Deficit); surplus rank #10357 of 12657 HSN codes - Share of Sub-Chapter 3812: 0.14% of its exports; import side 2.03% - Rank within Sub-Chapter 3812: #7 of 12 by export value; import-side #6 ### Key metrics - Export CAGR: 19.71% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7369 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +51.48% in FY 2024-25 - Contribution to Sub-Ch. 3812: 0.14% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 38123930 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 | < ₹1 Crore | 0.0000% | — | 0.13% | 72.16 | 0.0020% | — | 2.96% | −71.29 | #7750 | | FY 2019-20 | 1.14 | 0.0001% | +31.03% | 0.15% | 56.16 | 0.0017% | −22.17% | 2.77% | −55.02 | #7475 | | FY 2020-21 | 1.53 | 0.0001% | +34.21% | 0.19% | 59.50 | 0.0020% | +5.95% | 3.14% | −57.97 | #7266 | | FY 2021-22 | 1.37 | 0.0000% | −10.46% | 0.09% | 70.58 | 0.0015% | +18.62% | 2.61% | −69.21 | #7699 | | FY 2022-23 | 1.56 | 0.0000% | +13.87% | 0.11% | 69.71 | 0.0012% | −1.23% | 2.30% | −68.15 | #7696 | | FY 2023-24 | 1.69 | 0.0000% | +8.33% | 0.11% | 54.85 | 0.0010% | −21.32% | 2.07% | −53.16 | #7749 | | FY 2024-25 | 2.56 | 0.0001% | +51.48% | 0.14% | 60.76 | 0.0010% | +10.77% | 2.03% | −58.20 | #7369 | - CAGR (7-year): exports 19.71%/yr, imports -2.83%/yr (consistently Deficit) ## Key trade insights: HSN Code 38123930 export-import analysis ### Consistent export growth: 19.71% CAGR over 7 years India's exports under HSN Code 38123930 have grown at a compound annual rate of 19.71% over 7 fiscal years, rising from ₹0.87 Crore in FY 2018-19 to ₹2.56 Crore in FY 2024-25. ### HSN Code 38123930 ranked #7369 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 38123930 ranks #7369 out of 12657 HSN codes by total export value. Within Sub-Chapter 3812, it ranks #7 of 12. By trade surplus, it ranks #10357 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 38123930 exports The strongest single-year export movement for HSN Code 38123930 was recorded in FY 2024-25, when exports surged by 51.48% over the prior year. ### India records a trade deficit of ₹58.20 Crore in HSN Code 38123930 goods In FY 2024-25, India's imports of ₹60.76 Cr exceeded exports of ₹2.56 Cr, resulting in a trade deficit of ₹58.20 Crore — ranking #10357 of 12657 by surplus magnitude. ### Import growth of -2.83% CAGR signals stable import dependency for Rubber Vulcanising Agents India's imports under HSN Code 38123930 have grown at -2.83% CAGR, reaching ₹60.76 Crore in FY 2024-25. ### HSN Code 38123930 contributes 0.14% of Sub-Chapter 3812 exports — ranked #7 Among the 12 HSN codes under Sub-Chapter 3812, HSN Code 38123930 ranks #7 by export value — accounting for 0.14% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.03% share (rank #6). ## 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](https://busy.in/hsn/hsn-38123910/) | ₹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 (this hsn code) | ₹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/) | — |