HSN Code 38237020: Industrial Alcohols| Lauryl Alcohol
HSN Code 38237020 represents Industrial Alcohols| Lauryl Alcohol under GST classification. This code helps businesses identify Industrial Alcohols| Lauryl Alcohol correctly for billing, taxation, and trade. With HSN Code 38237020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Industrial Alcohols| Lauryl Alcohol.
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Description of Goods for HSN Code 38237020
HSN Code 38237020 relates to the following description.
What does HSN Code 38237020 not include?
Industrial Alcohols| Lauryl Alcohol does not include products with the following descriptions.
Industrial monocarboxylic fatty acids; acid oils from refining :Stearic acid : Palm stearin : Stearic acid
Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols industrial monocarboxylic fatty acids; acid oils from refining: stearic acid: palm stearin: crude
Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols industrial monocarboxylic fatty acids; acid oils from refining: stearic acid: palm stearin: rbd
Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols industrial monocarboxylic fatty acids; acid oils from refining: stearic acid: palm stearin: other
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
Industrial monocarboxylic fatty acids; acid oils from refining : Oleic acid
Industrial monocarboxylic fatty acids; acid oils from refining : Tall oil fatty acids
Industrial monocarboxylic fatty acids; acid oils from refining : Other
Industrial fatty alcohols: Cetyl alcohol
Industrial fatty alcohols: Oleyl alcohol
Industrial fatty alcohols: Stearyl alcohol
Industrial fatty alcohols: Other
Industrial monocarboxylic fatty acids; acid oils from refining :Stearic acid : Palm stearin : Stearic acid
Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols industrial monocarboxylic fatty acids; acid oils from refining: stearic acid: palm stearin: crude
Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols industrial monocarboxylic fatty acids; acid oils from refining: stearic acid: palm stearin: rbd
Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols industrial monocarboxylic fatty acids; acid oils from refining: stearic acid: palm stearin: other
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
Industrial monocarboxylic fatty acids; acid oils from refining : Oleic acid
Industrial monocarboxylic fatty acids; acid oils from refining : Tall oil fatty acids
Industrial monocarboxylic fatty acids; acid oils from refining : Other
Industrial fatty alcohols: Cetyl alcohol
Industrial fatty alcohols: Oleyl alcohol
Industrial fatty alcohols: Stearyl alcohol
Industrial fatty alcohols: Other
India’s Trade Performance — HSN Code 38237020 in FY 2024-25
India’s Exports
FY 2024-25₹1 Cr
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹1,599 Cr
0.0263% of India’s total imports
Trade Balance
FY 2024-25−₹1,598 Cr
Surplus rank #12367 of 12657 HSN codes
% of Sub-Chapter 3823
FY 2024-250.03%
Share of Sub-Chapter 3823’s total exports in FY 2024-25
Import side: 18.95% of Sub-Chapter 3823’s imports
Rank Within Sub-Chapter 3823
FY 2024-25#7 of 13
Position by export value among HSN codes in Sub-Chapter 3823
Import-side rank: #2 of 13
At a glance
#8169
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+3,557.14%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.03%
Contribution to Sub-Ch. 3823
Share of Sub-Chapter 3823 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 38237020
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−603.27
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 3823
Imports
603.27 ₹ Cr
0.0168% share
— YoY
12.26% of Sub-Ch. 3823
Balance
−544.65
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.06% of Sub-Ch. 3823
Imports
545.56 ₹ Cr
0.0163% share
−9.57% YoY
16.12% of Sub-Ch. 3823
Balance
−819.01
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−98.90% YoY
0.00% of Sub-Ch. 3823
Imports
819.02 ₹ Cr
0.0281% share
+50.12% YoY
19.20% of Sub-Ch. 3823
Balance
−1,295.71
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+600.00% YoY
0.00% of Sub-Ch. 3823
Imports
1,295.78 ₹ Cr
0.0284% share
+58.21% YoY
18.32% of Sub-Ch. 3823
Balance
−1,814.16
Exports
2.56 ₹ Cr
0.0001% share
+3,557.14% YoY
0.06% of Sub-Ch. 3823
Imports
1,816.72 ₹ Cr
0.0316% share
+40.20% YoY
24.38% of Sub-Ch. 3823
Balance
−1,356.36
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−83.20% YoY
0.02% of Sub-Ch. 3823
Imports
1,356.79 ₹ Cr
0.0242% share
−25.32% YoY
23.25% of Sub-Ch. 3823
Balance
−1,598.29
Exports
1.10 ₹ Cr
0.0000% share
+155.81% YoY
0.03% of Sub-Ch. 3823
Imports
1,599.39 ₹ Cr
0.0263% share
+17.88% YoY
18.95% of Sub-Ch. 3823
CAGR · 7-Year
Exports
—
Imports
17.65% /yr
reference, FY 2024-25
Export
₹3,612.42 Cr
Import
₹8,438.65 Cr
Trade Balance
−4,826.23
Key Trade Insights: HSN Code 38237020 Export-Import Analysis
Export Snapshot for HSN Code 38237020
India exported ₹1.10 Crore worth of Industrial Alcohols| Lauryl Alcohol in FY 2024-25. Multi-year trend data is being compiled for this hsn code.
HSN Code 38237020 Ranked #8169 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 38237020 ranks #8169 out of 12657 HSN codes by total export value. Within Sub-Chapter 3823, it ranks #7 of 13. By trade surplus, it ranks #12367 of 12657.
FY 2022-23 Was the Strongest Growth Year for HSN Code 38237020 Exports
The strongest single-year export movement for HSN Code 38237020 was recorded in FY 2022-23, when exports surged by 3,557.14% over the prior year.
India Records a Trade Deficit of ₹1,598.29 Crore in HSN Code 38237020 Goods
In FY 2024-25, India's imports of ₹1,599.39 Cr exceeded exports of ₹1.10 Cr, resulting in a trade deficit of ₹1,598.29 Crore — ranking #12367 of 12657 by surplus magnitude.
Import Growth of 17.65% CAGR Signals Rising Demand for Industrial Alcohols| Lauryl Alcohol
India's imports under HSN Code 38237020 have grown at 17.65% CAGR, reaching ₹1,599.39 Crore in FY 2024-25.
HSN Code 38237020 Contributes 0.03% of Sub-Chapter 3823 Exports — Ranked #7
Among the 13 HSN codes under Sub-Chapter 3823, HSN Code 38237020 ranks #7 by export value — accounting for 0.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 18.95% share (rank #2).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 38237020 and GST compliance.
What products are classified under HSN 38237020 ?
It includes Industrial Alcohols| Lauryl Alcohol
Can we claim ITC on inputs used to trade Industrial Alcohols/ Lauryl Alcohol?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
How should mixed supplies be billed when Industrial Alcohols/ Lauryl Alcohol is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Industrial Alcohols/ Lauryl Alcohol; Nil for exempt items if applicable).
Does packaging or labelling change the GST for Industrial Alcohols/ Lauryl Alcohol?
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.
Any common misclassification issue with Industrial Alcohols/ Lauryl Alcohol?
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 Industrial Alcohols/ Lauryl Alcohol?
Under HSN 38237020, Industrial Alcohols/ Lauryl Alcohol attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Do e‑way bill and e‑invoice apply for Industrial Alcohols/ Lauryl Alcohol?
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.