---
title: "HSN Code for Anti-Oxidants & Stabilisers for Rubber/Plastics (Other) | HSN 38123990 GST Rate"
description: "Find HSN and GST Rates for 38123990 related to Anti-Oxidants & Stabilisers for Rubber/Plastics (Other) with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-38123990/"
---

# HSN Code 38123990: Anti-Oxidants & Stabilisers for Rubber/Plastics (Other)

- [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: Other | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 38123990 ?

It includes Anti-Oxidants & Stabilisers for Rubber/Plastics (Other)

### Does packaging or labelling change the GST for Anti-Oxidants & Stabilisers for Rubber/Plastics (Other)?

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.

### Can we claim ITC on inputs used to trade Anti-Oxidants & Stabilisers for Rubber/Plastics (Other)?

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 Anti-Oxidants & Stabilisers for Rubber/Plastics (Other)?

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 Anti-Oxidants & Stabilisers for Rubber/Plastics (Other)?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

### How much GST applies to Anti-Oxidants & Stabilisers for Rubber/Plastics (Other)?

Under HSN 38123990, Anti-Oxidants & Stabilisers for Rubber/Plastics (Other) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 38123990 (FY 2024-25)

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

- Exports: ₹1,092 Cr (+43.72% YoY) — 0.0297% of India's total exports
- Imports: ₹1,585 Cr (+18.18% YoY) — 0.0261% of India's total imports
- Trade balance: −₹494 Cr (Deficit); surplus rank #11886 of 12657 HSN codes
- Share of Sub-Chapter 3812: 57.78% of its exports; import side 52.93%
- Rank within Sub-Chapter 3812: #1 of 12 by export value; import-side #1

### Key metrics

- Export CAGR: 34.49% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #485 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +127.82% in FY 2021-22
- Contribution to Sub-Ch. 3812: 57.78% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 38123990

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 | 184.48 | 0.0081% | — | 27.52% | 1,117.17 | 0.0312% | — | 45.86% | −932.69 | #1387 |
| FY 2019-20 | 235.83 | 0.0107% | +27.84% | 31.86% | 1,049.68 | 0.0314% | −6.04% | 51.73% | −813.85 | #1184 |
| FY 2020-21 | 267.69 | 0.0124% | +13.51% | 33.53% | 902.85 | 0.0310% | −13.99% | 47.63% | −635.16 | #1112 |
| FY 2021-22 | 609.86 | 0.0194% | +127.82% | 41.86% | 1,371.65 | 0.0300% | +51.92% | 50.79% | −761.79 | #723 |
| FY 2022-23 | 649.89 | 0.0179% | +6.56% | 44.15% | 1,592.40 | 0.0277% | +16.09% | 52.64% | −942.51 | #741 |
| FY 2023-24 | 759.46 | 0.0210% | +16.86% | 49.59% | 1,341.27 | 0.0239% | −15.77% | 50.59% | −581.81 | #650 |
| FY 2024-25 | 1,091.52 | 0.0297% | +43.72% | 57.78% | 1,585.09 | 0.0261% | +18.18% | 52.93% | −493.57 | #485 |

- CAGR (7-year): exports 34.49%/yr, imports 6.00%/yr (consistently Deficit)

## Key trade insights: HSN Code 38123990 export-import analysis

### Consistent export growth: 34.49% CAGR over 7 years

India's exports under HSN Code 38123990 have grown at a compound annual rate of 34.49% over 7 fiscal years, rising from ₹184.48 Crore in FY 2018-19 to ₹1,091.52 Crore in FY 2024-25.

### HSN Code 38123990 ranked #485 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 38123990 ranks #485 out of 12657 HSN codes by total export value. Within Sub-Chapter 3812, it ranks #1 of 12. By trade surplus, it ranks #11886 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 38123990 exports

The strongest single-year export movement for HSN Code 38123990 was recorded in FY 2021-22, when exports surged by 127.82% over the prior year.

### India records a trade deficit of ₹493.57 Crore in HSN Code 38123990 goods

In FY 2024-25, India's imports of ₹1,585.09 Cr exceeded exports of ₹1,091.52 Cr, resulting in a trade deficit of ₹493.57 Crore — ranking #11886 of 12657 by surplus magnitude.

### Import growth of 6.00% CAGR signals stable import dependency for Anti-Oxidants & Stabilisers for Rubber/Plastics (Other)

India's imports under HSN Code 38123990 have grown at 6.00% CAGR, reaching ₹1,585.09 Crore in FY 2024-25.

### HSN Code 38123990 contributes 57.78% of Sub-Chapter 3812 exports — ranked #1

Among the 12 HSN codes under Sub-Chapter 3812, HSN Code 38123990 ranks #1 by export value — accounting for 57.78% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 52.93% share (rank #1).

## 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) (this hsn code) | ₹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](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/) | — |