--- title: "HSN Code for Other Organic Composite Solvents/Thinners | HSN 38140010 GST Rate" description: "Find HSN and GST Rates for 38140010 related to Other Organic Composite Solvents/Thinners with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-38140010/" --- # HSN Code 38140010: Other Organic Composite Solvents/Thinners - [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 3814: Organic solvents & thinners](https://busy.in/hsn/sub-chapter-3814/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Organic composite solvents and thinners, not elsewhere specified or included; prepared paint or varnish removers : Organic composite solvents and thinners, not elsewhere specified or included | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 38140010 ? It includes Other Organic Composite Solvents/Thinners ### Do e‑way bill and e‑invoice apply for Other Organic Composite Solvents/Thinners? 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. ### Does packaging or labelling change the GST for Other Organic Composite Solvents/Thinners? 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 Other Organic Composite Solvents/Thinners is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Organic Composite Solvents/Thinners; Nil for exempt items if applicable). ### Any common misclassification issue with Other Organic Composite Solvents/Thinners? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Other Organic Composite Solvents/Thinners? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 38140010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹129 Cr (+13.24% YoY) — 0.0035% of India's total exports - Imports: ₹246 Cr (+74.05% YoY) — 0.0041% of India's total imports - Trade balance: −₹117 Cr (Deficit); surplus rank #10920 of 12657 HSN codes - Share of Sub-Chapter 3814: 89.75% of its exports; import side 78.44% - Rank within Sub-Chapter 3814: #1 of 2 by export value; import-side #1 ### Key metrics - Export CAGR: 14.64% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2346 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +84.94% in FY 2022-23 - Contribution to Sub-Ch. 3814: 89.75% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 38140010 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. 3814 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3814 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 57.00 | 0.0025% | — | 85.86% | 163.33 | 0.0046% | — | 82.56% | −106.33 | #2695 | | FY 2019-20 | 61.97 | 0.0028% | +8.72% | 86.82% | 169.94 | 0.0051% | +4.05% | 81.84% | −107.97 | #2595 | | FY 2020-21 | 69.35 | 0.0032% | +11.91% | 89.90% | 184.06 | 0.0063% | +8.31% | 84.20% | −114.71 | #2488 | | FY 2021-22 | 80.70 | 0.0026% | +16.37% | 89.53% | 260.71 | 0.0057% | +41.64% | 86.11% | −180.01 | #2691 | | FY 2022-23 | 149.25 | 0.0041% | +84.94% | 91.83% | 307.21 | 0.0053% | +17.84% | 86.25% | −157.96 | #2059 | | FY 2023-24 | 114.26 | 0.0032% | −23.44% | 87.33% | 141.55 | 0.0025% | −53.92% | 72.65% | −27.29 | #2402 | | FY 2024-25 | 129.39 | 0.0035% | +13.24% | 89.75% | 246.37 | 0.0041% | +74.05% | 78.44% | −116.98 | #2346 | - CAGR (7-year): exports 14.64%/yr, imports 7.09%/yr (consistently Deficit) ## Key trade insights: HSN Code 38140010 export-import analysis ### Consistent export growth: 14.64% CAGR over 7 years India's exports under HSN Code 38140010 have grown at a compound annual rate of 14.64% over 7 fiscal years, rising from ₹57.00 Crore in FY 2018-19 to ₹129.39 Crore in FY 2024-25. ### HSN Code 38140010 ranked #2346 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 38140010 ranks #2346 out of 12657 HSN codes by total export value. Within Sub-Chapter 3814, it ranks #1 of 2. By trade surplus, it ranks #10920 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 38140010 exports The strongest single-year export movement for HSN Code 38140010 was recorded in FY 2022-23, when exports surged by 84.94% over the prior year. ### India records a trade deficit of ₹116.98 Crore in HSN Code 38140010 goods In FY 2024-25, India's imports of ₹246.37 Cr exceeded exports of ₹129.39 Cr, resulting in a trade deficit of ₹116.98 Crore — ranking #10920 of 12657 by surplus magnitude. ### Import growth of 7.09% CAGR signals stable import dependency for Other Organic Composite Solvents/Thinners India's imports under HSN Code 38140010 have grown at 7.09% CAGR, reaching ₹246.37 Crore in FY 2024-25. ### HSN Code 38140010 contributes 89.75% of Sub-Chapter 3814 exports — ranked #1 Among the 2 HSN codes under Sub-Chapter 3814, HSN Code 38140010 ranks #1 by export value — accounting for 89.75% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 78.44% share (rank #1). ## Related HSN Codes in Sub-Chapter 3814 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 38140010: Other Organic Composite Solvents/Thinners (this hsn code) | ₹129 Cr | | #2 | [HSN Code 38140020: Prepared Paint/Varnish Removers](https://busy.in/hsn/hsn-38140020/) | ₹15 Cr |