HSN Code 38140010: Other Organic Composite Solvents/Thinners

HSN Code 38140010 represents Other Organic Composite Solvents/Thinners under GST classification. This code helps businesses identify Other Organic Composite Solvents/Thinners correctly for billing, taxation, and trade. With HSN Code 38140010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Organic Composite Solvents/Thinners.

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Description of Goods for HSN Code 38140010

HSN Code 38140010 relates to the following description.

Description of Goods

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

Chapter

38 - Miscellaneous chemical products

Sub Chapter

3814 - Organic composite solvents and thinners, not elsewhere specified or included; prepared paint or varnish removers

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 38140010 not include?

Other Organic Composite Solvents/Thinners does not include products with the following descriptions.

Organic composite solvents and thinners, not elsewhere specified or included; prepared paint or varnish removers : Prepared paint or varnish removers

India’s Trade Performance — HSN Code 38140010 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

₹129 Cr

+13.24% vs FY 2023-24

0.0035% of India’s total exports

India’s Imports

FY 2024-25

₹246 Cr

+74.05% vs FY 2023-24

0.0041% of India’s total imports

Trade Balance

FY 2024-25

−₹117 Cr

Trade Deficit

Surplus rank #10920 of 12657 HSN codes

% of Sub-Chapter 3814

FY 2024-25

89.75%

Share of Sub-Chapter 3814’s total exports in FY 2024-25

Import side: 78.44% of Sub-Chapter 3814’s imports

Rank Within Sub-Chapter 3814

FY 2024-25

#1 of 2

Position by export value among HSN codes in Sub-Chapter 3814

Import-side rank: #1 of 2

At a glance

14.64%

Export CAGR

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

#2346

National Export Rank

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

+84.94%

Peak Growth Year

FY 2022-23 · strongest single-year move

89.75%

Contribution to Sub-Ch. 3814

Share of Sub-Chapter 3814 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #2695

Balance

−106.33

Exports

57.00 ₹ Cr

0.0025% share

YoY

85.86% of Sub-Ch. 3814

Imports

163.33 ₹ Cr

0.0046% share

YoY

82.56% of Sub-Ch. 3814

FY 2019-20 Exp. Rank #2595

Balance

−107.97

Exports

61.97 ₹ Cr

0.0028% share

+8.72% YoY

86.82% of Sub-Ch. 3814

Imports

169.94 ₹ Cr

0.0051% share

+4.05% YoY

81.84% of Sub-Ch. 3814

FY 2020-21 Exp. Rank #2488

Balance

−114.71

Exports

69.35 ₹ Cr

0.0032% share

+11.91% YoY

89.90% of Sub-Ch. 3814

Imports

184.06 ₹ Cr

0.0063% share

+8.31% YoY

84.20% of Sub-Ch. 3814

FY 2021-22 Exp. Rank #2691

Balance

−180.01

Exports

80.70 ₹ Cr

0.0026% share

+16.37% YoY

89.53% of Sub-Ch. 3814

Imports

260.71 ₹ Cr

0.0057% share

+41.64% YoY

86.11% of Sub-Ch. 3814

FY 2022-23 Exp. Rank #2059

Balance

−157.96

Exports

149.25 ₹ Cr

0.0041% share

+84.94% YoY

91.83% of Sub-Ch. 3814

Imports

307.21 ₹ Cr

0.0053% share

+17.84% YoY

86.25% of Sub-Ch. 3814

FY 2023-24 Exp. Rank #2402

Balance

−27.29

Exports

114.26 ₹ Cr

0.0032% share

−23.44% YoY

87.33% of Sub-Ch. 3814

Imports

141.55 ₹ Cr

0.0025% share

−53.92% YoY

72.65% of Sub-Ch. 3814

FY 2024-25 Exp. Rank #2346

Balance

−116.98

Exports

129.39 ₹ Cr

0.0035% share

+13.24% YoY

89.75% of Sub-Ch. 3814

Imports

246.37 ₹ Cr

0.0041% share

+74.05% YoY

78.44% of Sub-Ch. 3814

CAGR · 7-Year

Exports

14.64% /yr

Imports

7.09% /yr

Consistently Deficit
Sub-Chapter 3814 total

reference, FY 2024-25

Export

₹144.16 Cr

Import

₹314.10 Cr

Trade Balance

−169.94

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 38140010 and GST compliance.

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.

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.