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

HSN Code 38123990 represents Anti-Oxidants & Stabilisers for Rubber/Plastics (Other) under GST classification. This code helps businesses identify Anti-Oxidants & Stabilisers for Rubber/Plastics (Other) correctly for billing, taxation, and trade. With HSN Code 38123990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Anti-Oxidants & Stabilisers for Rubber/Plastics (Other).

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Description of Goods for HSN Code 38123990

HSN Code 38123990 relates to the following description.

Description of Goods

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

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 38123990 not include?

Anti-Oxidants & Stabilisers for Rubber/Plastics (Other) does not include products with the following descriptions.

HSN Code 38123010

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

HSN Code 38123020

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

HSN Code 38123030

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

HSN Code 38123090

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

HSN Code 38123100

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

HSN Code 38123910

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

HSN Code 38123920

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

HSN Code 38123930

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

India’s Trade Performance — HSN Code 38123990 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

₹1,092 Cr

+43.72% vs FY 2023-24

0.0297% of India’s total exports

India’s Imports

FY 2024-25

₹1,585 Cr

+18.18% vs FY 2023-24

0.0261% of India’s total imports

Trade Balance

FY 2024-25

−₹494 Cr

Trade Deficit

Surplus rank #11886 of 12657 HSN codes

% of Sub-Chapter 3812

FY 2024-25

57.78%

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

Import side: 52.93% of Sub-Chapter 3812’s imports

Rank Within Sub-Chapter 3812

FY 2024-25

#1 of 12

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

Import-side rank: #1 of 12

At a glance

34.49%

Export CAGR

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

#485

National Export Rank

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

+127.82%

Peak Growth Year

FY 2021-22 · strongest single-year move

57.78%

Contribution to Sub-Ch. 3812

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #1387

Balance

−932.69

Exports

184.48 ₹ Cr

0.0081% share

— YoY

27.52% of Sub-Ch. 3812

Imports

1,117.17 ₹ Cr

0.0312% share

— YoY

45.86% of Sub-Ch. 3812

FY 2019-20 Exp. Rank #1184

Balance

−813.85

Exports

235.83 ₹ Cr

0.0107% share

+27.84% YoY

31.86% of Sub-Ch. 3812

Imports

1,049.68 ₹ Cr

0.0314% share

−6.04% YoY

51.73% of Sub-Ch. 3812

FY 2020-21 Exp. Rank #1112

Balance

−635.16

Exports

267.69 ₹ Cr

0.0124% share

+13.51% YoY

33.53% of Sub-Ch. 3812

Imports

902.85 ₹ Cr

0.0310% share

−13.99% YoY

47.63% of Sub-Ch. 3812

FY 2021-22 Exp. Rank #723

Balance

−761.79

Exports

609.86 ₹ Cr

0.0194% share

+127.82% YoY

41.86% of Sub-Ch. 3812

Imports

1,371.65 ₹ Cr

0.0300% share

+51.92% YoY

50.79% of Sub-Ch. 3812

FY 2022-23 Exp. Rank #741

Balance

−942.51

Exports

649.89 ₹ Cr

0.0179% share

+6.56% YoY

44.15% of Sub-Ch. 3812

Imports

1,592.40 ₹ Cr

0.0277% share

+16.09% YoY

52.64% of Sub-Ch. 3812

FY 2023-24 Exp. Rank #650

Balance

−581.81

Exports

759.46 ₹ Cr

0.0210% share

+16.86% YoY

49.59% of Sub-Ch. 3812

Imports

1,341.27 ₹ Cr

0.0239% share

−15.77% YoY

50.59% of Sub-Ch. 3812

FY 2024-25 Exp. Rank #485

Balance

−493.57

Exports

1,091.52 ₹ Cr

0.0297% share

+43.72% YoY

57.78% of Sub-Ch. 3812

Imports

1,585.09 ₹ Cr

0.0261% share

+18.18% YoY

52.93% of Sub-Ch. 3812

CAGR · 7-Year

Exports

34.49% /yr

Imports

6.00% /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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 38123990 and GST compliance.

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.

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.