--- title: "HSN Code for Hooks, Eyes And Eyelets | Hooks And Eyes | HSN 38237010 GST Rate" description: "Find HSN and GST Rates for 38237010 related to Hooks, Eyes And Eyelets | Hooks And Eyes with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-38237010/" --- # HSN Code 38237010: Hooks, Eyes And Eyelets | Hooks And Eyes - [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 3823: Fatty acids & industrial oils](https://busy.in/hsn/sub-chapter-3823/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Industrial fatty alcohols: Cetyl alcohol | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 38237010 ? It includes Hooks, Eyes And Eyelets | Hooks And Eyes ### Do e‑way bill and e‑invoice apply for Hooks, Eyes And Eyelets / Hooks And Eyes? 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. ### Can we claim ITC on inputs used to trade Hooks, Eyes And Eyelets / Hooks And Eyes? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Hooks, Eyes And Eyelets / Hooks And Eyes? Under HSN 38237010, Hooks, Eyes And Eyelets / Hooks And Eyes attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Hooks, Eyes And Eyelets / Hooks And Eyes? 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 Hooks, Eyes And Eyelets / Hooks And Eyes is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Hooks, Eyes And Eyelets / Hooks And Eyes; Nil for exempt items if applicable). ## India's trade performance: HSN Code 38237010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+66.67% YoY) — 0.0000% of India's total exports - Imports: ₹2 Cr (+325.00% YoY) — 0.0000% of India's total imports - Trade balance: −₹2 Cr (Deficit); surplus rank #8175 of 12657 HSN codes - Share of Sub-Chapter 3823: 0.00% of its exports; import side 0.02% - Rank within Sub-Chapter 3823: #8 of 13 by export value; import-side #7 ### Key metrics - Export CAGR: -14.16% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9754 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +733.33% in FY 2021-22 - Contribution to Sub-Ch. 3823: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 38237010 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. 3823 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3823 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.02% | 1.14 | 0.0000% | — | 0.02% | −0.89 | #8668 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −76.00% | 0.00% | < ₹1 Crore | 0.0000% | −24.56% | 0.03% | −0.80 | #9399 | | FY 2020-21 | < ₹1 Crore | 0.0000% | 0.00% | 0.00% | < ₹1 Crore | 0.0000% | −60.47% | 0.01% | −0.28 | #9473 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +733.33% | 0.02% | < ₹1 Crore | 0.0000% | +32.35% | 0.01% | +0.05 | #8573 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +26.00% | 0.02% | 1.18 | 0.0000% | +162.22% | 0.02% | −0.55 | #8495 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −90.48% | 0.00% | < ₹1 Crore | 0.0000% | −59.32% | 0.01% | −0.42 | #9987 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +66.67% | 0.00% | 2.04 | 0.0000% | +325.00% | 0.02% | −1.94 | #9754 | - CAGR (7-year): exports -14.16%/yr, imports 10.18%/yr (consistently Deficit) ## Key trade insights: HSN Code 38237010 export-import analysis ### Export decline: -14.16% CAGR over 7 years India's exports under HSN Code 38237010 have declined at a compound annual rate of -14.16% over 7 fiscal years, falling from ₹0.25 Crore in FY 2018-19 to ₹0.10 Crore in FY 2024-25. ### HSN Code 38237010 ranked #9754 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 38237010 ranks #9754 out of 12657 HSN codes by total export value. Within Sub-Chapter 3823, it ranks #8 of 13. By trade surplus, it ranks #8175 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 38237010 exports The strongest single-year export movement for HSN Code 38237010 was recorded in FY 2021-22, when exports surged by 733.33% over the prior year. ### India records a trade deficit of ₹1.94 Crore in HSN Code 38237010 goods In FY 2024-25, India's imports of ₹2.04 Cr exceeded exports of ₹0.10 Cr, resulting in a trade deficit of ₹1.94 Crore — ranking #8175 of 12657 by surplus magnitude. ### Import growth of 10.18% CAGR signals rising demand for Hooks, Eyes And Eyelets | Hooks And Eyes India's imports under HSN Code 38237010 have grown at 10.18% CAGR, reaching ₹2.04 Crore in FY 2024-25. ### HSN Code 38237010 contributes 0.00% of Sub-Chapter 3823 exports — ranked #8 Among the 13 HSN codes under Sub-Chapter 3823, HSN Code 38237010 ranks #8 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.02% share (rank #7). ## Related HSN Codes in Sub-Chapter 3823 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 38231900: Industrial monocarboxylic fatty acids; acid oils from refining: Other](https://busy.in/hsn/hsn-38231900/) | ₹2,573 Cr | | #2 | [HSN Code 38237090: Industrial Fatty Alcohols\| Other](https://busy.in/hsn/hsn-38237090/) | ₹890 Cr | | #3 | [HSN Code 38231200: Oleic Acid: Industrial Monocarboxylic Fatty Acids and Acid Oils](https://busy.in/hsn/hsn-38231200/) | ₹105 Cr | | #4 | [HSN Code 38231100: Composite Diagnostic Chemicals](https://busy.in/hsn/hsn-38231100/) | ₹36 Cr | | #5 | [HSN Code 38237040: Stearyl Alcohol](https://busy.in/hsn/hsn-38237040/) | ₹4 Cr | | #6 | [HSN Code 38231300: Tall Oil Fatty Acids](https://busy.in/hsn/hsn-38231300/) | ₹3 Cr | | #7 | [HSN Code 38237020: Industrial Alcohols\| Lauryl Alcohol](https://busy.in/hsn/hsn-38237020/) | ₹1 Cr | | #8 | HSN Code 38237010: Hooks, Eyes And Eyelets \| Hooks And Eyes (this hsn code) | < ₹1 Crore | | — | [HSN Code 38231111: Stearic Acid: RBD Palm Stearin](https://busy.in/hsn/hsn-38231111/) | Nil | | — | [HSN Code 38231112: Stearic Acid: Other Palm Stearin](https://busy.in/hsn/hsn-38231112/) | Nil |