HSN Code 38231100: Composite Diagnostic Chemicals

HSN Code 38231100 represents Composite Diagnostic Chemicals under GST classification. This code helps businesses identify Composite Diagnostic Chemicals correctly for billing, taxation, and trade. With HSN Code 38231100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Composite Diagnostic Chemicals.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 38231100

HSN Code 38231100 relates to the following description.

Description of Goods

Industrial monocarboxylic fatty acids; acid oils from refining :Stearic acid : Palm stearin : Stearic acid

Chapter

38 - Miscellaneous chemical products

Sub Chapter

3823 - Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 38231100 not include?

Composite Diagnostic Chemicals does not include products with the following descriptions.

HSN Code 38231111

Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols industrial monocarboxylic fatty acids; acid oils from refining: stearic acid: palm stearin: crude

HSN Code 38231112

Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols industrial monocarboxylic fatty acids; acid oils from refining: stearic acid: palm stearin: rbd

HSN Code 38231119

Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols industrial monocarboxylic fatty acids; acid oils from refining: stearic acid: palm stearin: other

HSN Code 38231190

Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols industrial monocarboxylic fatty acids; acid oils from refining: stearic acid: other stearic acid or stearin

HSN Code 38231200

Industrial monocarboxylic fatty acids; acid oils from refining : Oleic acid

HSN Code 38231300

Industrial monocarboxylic fatty acids; acid oils from refining : Tall oil fatty acids

India’s Trade Performance — HSN Code 38231100 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

₹36 Cr

+7.42% vs FY 2023-24

0.0010% of India’s total exports

India’s Imports

FY 2024-25

₹521 Cr

+61.38% vs FY 2023-24

0.0086% of India’s total imports

Trade Balance

FY 2024-25

−₹485 Cr

Trade Deficit

Surplus rank #11874 of 12657 HSN codes

% of Sub-Chapter 3823

FY 2024-25

1.01%

Share of Sub-Chapter 3823’s total exports in FY 2024-25

Import side: 6.17% of Sub-Chapter 3823’s imports

Rank Within Sub-Chapter 3823

FY 2024-25

#4 of 13

Position by export value among HSN codes in Sub-Chapter 3823

Import-side rank: #3 of 13

At a glance

#4051

National Export Rank

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

+97.13%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.01%

Contribution to Sub-Ch. 3823

Share of Sub-Chapter 3823 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 38231100

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

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3823

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3823

FY 2019-20 Exp. Rank #3125

Balance

−75.15

Exports

42.40 ₹ Cr

0.0019% share

— YoY

2.99% of Sub-Ch. 3823

Imports

117.55 ₹ Cr

0.0035% share

— YoY

3.47% of Sub-Ch. 3823

FY 2020-21 Exp. Rank #4054

Balance

−122.75

Exports

22.31 ₹ Cr

0.0010% share

−47.38% YoY

1.60% of Sub-Ch. 3823

Imports

145.06 ₹ Cr

0.0050% share

+23.40% YoY

3.40% of Sub-Ch. 3823

FY 2021-22 Exp. Rank #3537

Balance

−182.79

Exports

43.98 ₹ Cr

0.0014% share

+97.13% YoY

1.74% of Sub-Ch. 3823

Imports

226.77 ₹ Cr

0.0050% share

+56.33% YoY

3.21% of Sub-Ch. 3823

FY 2022-23 Exp. Rank #3438

Balance

−168.50

Exports

51.58 ₹ Cr

0.0014% share

+17.28% YoY

1.29% of Sub-Ch. 3823

Imports

220.08 ₹ Cr

0.0038% share

−2.95% YoY

2.95% of Sub-Ch. 3823

FY 2023-24 Exp. Rank #4082

Balance

−289.05

Exports

33.85 ₹ Cr

0.0009% share

−34.37% YoY

1.23% of Sub-Ch. 3823

Imports

322.90 ₹ Cr

0.0057% share

+46.72% YoY

5.53% of Sub-Ch. 3823

FY 2024-25 Exp. Rank #4051

Balance

−484.72

Exports

36.36 ₹ Cr

0.0010% share

+7.42% YoY

1.01% of Sub-Ch. 3823

Imports

521.08 ₹ Cr

0.0086% share

+61.38% YoY

6.17% of Sub-Ch. 3823

Sub-Chapter 3823 total

reference, FY 2024-25

Export

₹3,612.42 Cr

Import

₹8,438.65 Cr

Trade Balance

−4,826.23

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

Key Trade Insights: HSN Code 38231100 Export-Import Analysis

Export Snapshot for HSN Code 38231100

India exported ₹36.36 Crore worth of Composite Diagnostic Chemicals in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 38231100 Ranked #4051 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 38231100 ranks #4051 out of 12657 HSN codes by total export value. Within Sub-Chapter 3823, it ranks #4 of 13. By trade surplus, it ranks #11874 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 38231100 Exports

The strongest single-year export movement for HSN Code 38231100 was recorded in FY 2021-22, when exports surged by 97.13% over the prior year.

India Records a Trade Deficit of ₹484.72 Crore in HSN Code 38231100 Goods

In FY 2024-25, India's imports of ₹521.08 Cr exceeded exports of ₹36.36 Cr, resulting in a trade deficit of ₹484.72 Crore — ranking #11874 of 12657 by surplus magnitude.

HSN Code 38231100 Contributes 1.01% of Sub-Chapter 3823 Exports — Ranked #4

Among the 13 HSN codes under Sub-Chapter 3823, HSN Code 38231100 ranks #4 by export value — accounting for 1.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 6.17% share (rank #3).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 38231100 and GST compliance.

What products are classified under HSN 38231100 ?

It includes Composite Diagnostic Chemicals

Can we claim ITC on inputs used to trade Composite Diagnostic Chemicals?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Does packaging or labelling change the GST for Composite Diagnostic Chemicals?

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.

Do e‑way bill and e‑invoice apply for Composite Diagnostic Chemicals?

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 Composite Diagnostic Chemicals?

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

How should mixed supplies be billed when Composite Diagnostic Chemicals is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Composite Diagnostic Chemicals; Nil for exempt items if applicable).

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.