--- title: "HSN Code for Prepared Binders & Chemical Products for Foundries | HSN 38249900 GST Rate" description: "Find HSN and GST Rates for 38249900 related to Prepared Binders & Chemical Products for Foundries with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-38249900/" --- # HSN Code 38249900: Prepared Binders & Chemical Products for Foundries - [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 | | --- | --- | --- | --- | --- | | Other: Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 38249900 ? It includes Prepared Binders & Chemical Products for Foundries ### Do e‑way bill and e‑invoice apply for Prepared Binders & Chemical Products for Foundries? 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 Prepared Binders & Chemical Products for Foundries? 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 much GST applies to Prepared Binders & Chemical Products for Foundries? Under HSN 38249900, Prepared Binders & Chemical Products for Foundries attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Prepared Binders & Chemical Products for Foundries? 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 Prepared Binders & Chemical Products for Foundries? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 38249900 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹2,977 Cr (+7.10% YoY) — 0.0809% of India's total exports - Imports: ₹9,880 Cr (+16.20% YoY) — 0.1626% of India's total imports - Trade balance: −₹6,903 Cr (Deficit); surplus rank #12578 of 12657 HSN codes - Share of Sub-Chapter 3824: 73.74% of its exports; import side 89.32% - Rank within Sub-Chapter 3824: #1 of 58 by export value; import-side #1 ### Key metrics - National export rank: #172 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +37.98% in FY 2022-23 - Contribution to Sub-Ch. 3824: 73.74% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 38249900 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 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2020-21 | 1,527.93 | 0.0710% | — | 75.24% | 4,829.92 | 0.1658% | — | 82.62% | −3,301.99 | #218 | | FY 2021-22 | 1,913.45 | 0.0610% | +25.23% | 68.32% | 7,028.36 | 0.1538% | +45.52% | 85.78% | −5,114.91 | #251 | | FY 2022-23 | 2,640.26 | 0.0729% | +37.98% | 79.44% | 7,885.92 | 0.1372% | +12.20% | 86.76% | −5,245.66 | #186 | | FY 2023-24 | 2,779.80 | 0.0768% | +5.29% | 79.95% | 8,502.44 | 0.1514% | +7.82% | 87.61% | −5,722.64 | #179 | | FY 2024-25 | 2,977.22 | 0.0809% | +7.10% | 73.74% | 9,880.05 | 0.1626% | +16.20% | 89.32% | −6,902.83 | #172 | ## Key trade insights: HSN Code 38249900 export-import analysis ### Export snapshot for HSN Code 38249900 India exported ₹2,977.22 Crore worth of Prepared Binders & Chemical Products for Foundries in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 38249900 ranked #172 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 38249900 ranks #172 out of 12657 HSN codes by total export value. Within Sub-Chapter 3824, it ranks #1 of 58. By trade surplus, it ranks #12578 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 38249900 exports The strongest single-year export movement for HSN Code 38249900 was recorded in FY 2022-23, when exports surged by 37.98% over the prior year. ### India records a trade deficit of ₹6,902.83 Crore in HSN Code 38249900 goods In FY 2024-25, India's imports of ₹9,880.05 Cr exceeded exports of ₹2,977.22 Cr, resulting in a trade deficit of ₹6,902.83 Crore — ranking #12578 of 12657 by surplus magnitude. ### HSN Code 38249900 contributes 73.74% of Sub-Chapter 3824 exports — ranked #1 Among the 58 HSN codes under Sub-Chapter 3824, HSN Code 38249900 ranks #1 by export value — accounting for 73.74% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 89.32% share (rank #1). ## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-38244010/) | ₹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 |