---
title: "HSN Code for Damp Proof/Water Proof Compounds | HSN 38244010 GST Rate"
description: "Find HSN and GST Rates for 38244010 related to Damp Proof/Water Proof Compounds with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-38244010/"
---

# HSN Code 38244010: Damp Proof/Water Proof Compounds

- [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 3824: Chemical products for moulds & cores](https://busy.in/hsn/sub-chapter-3824/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Prepared additives for cements, mortars or concretes: Damp proof or water proof compounds | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 38244010 ?

It includes Damp Proof/Water Proof Compounds

### Any common misclassification issue with Damp Proof/Water Proof Compounds?

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

### Do e‑way bill and e‑invoice apply for Damp Proof/Water Proof Compounds?

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.

### How much GST applies to Damp Proof/Water Proof Compounds?

Under HSN 38244010, Damp Proof/Water Proof Compounds attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Can we claim ITC on inputs used to trade Damp Proof/Water Proof Compounds?

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 Damp Proof/Water Proof Compounds?

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.

## India's trade performance: HSN Code 38244010 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹62 Cr (+23.47% YoY) — 0.0017% of India's total exports
- Imports: ₹121 Cr (+20.82% YoY) — 0.0020% of India's total imports
- Trade balance: −₹59 Cr (Deficit); surplus rank #10372 of 12657 HSN codes
- Share of Sub-Chapter 3824: 1.53% of its exports; import side 1.09%
- Rank within Sub-Chapter 3824: #5 of 58 by export value; import-side #6

### Key metrics

- Export CAGR: 14.15% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #3333 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +44.98% in FY 2021-22
- Contribution to Sub-Ch. 3824: 1.53% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 38244010

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. 3824 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3824 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 27.99 | 0.0012% | — | 1.20% | 67.14 | 0.0019% | — | 1.11% | −39.15 | #3656 |
| FY 2019-20 | 34.76 | 0.0016% | +24.19% | 1.49% | 64.87 | 0.0019% | −3.38% | 1.22% | −30.11 | #3397 |
| FY 2020-21 | 30.90 | 0.0014% | −11.10% | 1.52% | 83.30 | 0.0029% | +28.41% | 1.43% | −52.40 | #3617 |
| FY 2021-22 | 44.80 | 0.0014% | +44.98% | 1.60% | 119.13 | 0.0026% | +43.01% | 1.45% | −74.33 | #3508 |
| FY 2022-23 | 47.65 | 0.0013% | +6.36% | 1.43% | 116.46 | 0.0020% | −2.24% | 1.28% | −68.81 | #3547 |
| FY 2023-24 | 50.14 | 0.0014% | +5.23% | 1.44% | 99.97 | 0.0018% | −14.16% | 1.03% | −49.83 | #3524 |
| FY 2024-25 | 61.91 | 0.0017% | +23.47% | 1.53% | 120.78 | 0.0020% | +20.82% | 1.09% | −58.87 | #3333 |

- CAGR (7-year): exports 14.15%/yr, imports 10.28%/yr (consistently Deficit)

## Key trade insights: HSN Code 38244010 export-import analysis

### Consistent export growth: 14.15% CAGR over 7 years

India's exports under HSN Code 38244010 have grown at a compound annual rate of 14.15% over 7 fiscal years, rising from ₹27.99 Crore in FY 2018-19 to ₹61.91 Crore in FY 2024-25.

### HSN Code 38244010 ranked #3333 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 38244010 ranks #3333 out of 12657 HSN codes by total export value. Within Sub-Chapter 3824, it ranks #5 of 58. By trade surplus, it ranks #10372 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 38244010 exports

The strongest single-year export movement for HSN Code 38244010 was recorded in FY 2021-22, when exports surged by 44.98% over the prior year.

### India records a trade deficit of ₹58.87 Crore in HSN Code 38244010 goods

In FY 2024-25, India's imports of ₹120.78 Cr exceeded exports of ₹61.91 Cr, resulting in a trade deficit of ₹58.87 Crore — ranking #10372 of 12657 by surplus magnitude.

### Import growth of 10.28% CAGR signals rising demand for Damp Proof/Water Proof Compounds

India's imports under HSN Code 38244010 have grown at 10.28% CAGR, reaching ₹120.78 Crore in FY 2024-25.

### HSN Code 38244010 contributes 1.53% of Sub-Chapter 3824 exports — ranked #5

Among the 58 HSN codes under Sub-Chapter 3824, HSN Code 38244010 ranks #5 by export value — accounting for 1.53% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.09% share (rank #6).

## Related HSN Codes in Sub-Chapter 3824

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 38249900: Prepared Binders & Chemical Products for Foundries](https://busy.in/hsn/hsn-38249900/) | ₹2,977 Cr |
| #2 | [HSN Code 38243000: Metal Carbides Mixed: Non-Agglomerated or With Metallic Binders](https://busy.in/hsn/hsn-38243000/) | ₹433 Cr |
| #3 | [HSN Code 38244090: Cement additives: Other](https://busy.in/hsn/hsn-38244090/) | ₹326 Cr |
| #4 | [HSN Code 38241000: Prepared binders for foundry moulds or cores](https://busy.in/hsn/hsn-38241000/) | ₹146 Cr |
| #5 | HSN Code 38244010: Damp Proof/Water Proof Compounds (this hsn code) | ₹62 Cr |
| #6 | [HSN Code 38245090: Non-refractory mortars and concrete](https://busy.in/hsn/hsn-38245090/) | ₹53 Cr |
| #7 | [HSN Code 38246010: Sorbitol Solution: Non-2905 44](https://busy.in/hsn/hsn-38246010/) | ₹24 Cr |
| #8 | [HSN Code 38249100: Hazardous Waste (Containing Specific Components)](https://busy.in/hsn/hsn-38249100/) | ₹7 Cr |
| #9 | [HSN Code 38248900: Short-Chain Chlorinated Paraffins Mixtures](https://busy.in/hsn/hsn-38248900/) | ₹6 Cr |
| #10 | [HSN Code 38248100: Ethylene Oxide Mixtures](https://busy.in/hsn/hsn-38248100/) | ₹2 Cr |