HSN Code 39031990: Polystyrene| Other | Other

HSN Code 39031990 represents Polystyrene| Other | Other under GST classification. This code helps businesses identify Polystyrene| Other | Other correctly for billing, taxation, and trade. With HSN Code 39031990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Polystyrene| Other | Other.

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Description of Goods for HSN Code 39031990

HSN Code 39031990 relates to the following description.

Description of Goods

Polystyrene: Other : Other

Chapter

39 - Plastics and articles thereof

Sub Chapter

3903 - Polymers of styrene , in primary forms

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 39031990 not include?

Polystyrene| Other | Other does not include products with the following descriptions.

HSN Code 39039010

Other : Copolymers, solely of styrene with allyl alcohol, of any acetyl value of 175 or more

HSN Code 39039020

Other : Brominated polystyrene, containing by weight 58% or more but not more than 71% of bromine, in one of the forms mentioned in Note 6(b) to this Chapter

India’s Trade Performance — HSN Code 39031990 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

₹418 Cr

−7.33% vs FY 2023-24

0.0114% of India’s total exports

India’s Imports

FY 2024-25

₹577 Cr

−2.83% vs FY 2023-24

0.0095% of India’s total imports

Trade Balance

FY 2024-25

−₹159 Cr

Trade Deficit

Surplus rank #11155 of 12657 HSN codes

% of Sub-Chapter 3903

FY 2024-25

59.92%

Share of Sub-Chapter 3903’s total exports in FY 2024-25

Import side: 12.60% of Sub-Chapter 3903’s imports

Rank Within Sub-Chapter 3903

FY 2024-25

#1 of 8

Position by export value among HSN codes in Sub-Chapter 3903

Import-side rank: #4 of 8

At a glance

−4.65%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#1152

National Export Rank

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

+102.08%

Peak Growth Year

FY 2021-22 · strongest single-year move

59.92%

Contribution to Sub-Ch. 3903

Share of Sub-Chapter 3903 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 39031990

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 Exp. Rank #592

Balance

+258.81

Exports

556.47 ₹ Cr

0.0244% share

— YoY

80.79% of Sub-Ch. 3903

Imports

297.66 ₹ Cr

0.0083% share

— YoY

11.60% of Sub-Ch. 3903

FY 2019-20 Exp. Rank #889

Balance

+99.24

Exports

343.97 ₹ Cr

0.0156% share

−38.19% YoY

73.40% of Sub-Ch. 3903

Imports

244.73 ₹ Cr

0.0073% share

−17.78% YoY

12.12% of Sub-Ch. 3903

FY 2020-21 Exp. Rank #1387

Balance

−145.69

Exports

195.62 ₹ Cr

0.0091% share

−43.13% YoY

66.12% of Sub-Ch. 3903

Imports

341.31 ₹ Cr

0.0117% share

+39.46% YoY

14.82% of Sub-Ch. 3903

FY 2021-22 Exp. Rank #1042

Balance

−4.72

Exports

395.31 ₹ Cr

0.0126% share

+102.08% YoY

69.37% of Sub-Ch. 3903

Imports

400.03 ₹ Cr

0.0088% share

+17.20% YoY

10.89% of Sub-Ch. 3903

FY 2022-23 Exp. Rank #1315

Balance

−551.36

Exports

304.65 ₹ Cr

0.0084% share

−22.93% YoY

57.10% of Sub-Ch. 3903

Imports

856.01 ₹ Cr

0.0149% share

+113.99% YoY

20.93% of Sub-Ch. 3903

FY 2023-24 Exp. Rank #1044

Balance

−142.88

Exports

451.29 ₹ Cr

0.0125% share

+48.13% YoY

62.06% of Sub-Ch. 3903

Imports

594.17 ₹ Cr

0.0106% share

−30.59% YoY

16.72% of Sub-Ch. 3903

FY 2024-25 Exp. Rank #1152

Balance

−159.18

Exports

418.20 ₹ Cr

0.0114% share

−7.33% YoY

59.92% of Sub-Ch. 3903

Imports

577.38 ₹ Cr

0.0095% share

−2.83% YoY

12.60% of Sub-Ch. 3903

CAGR · 7-Year

Exports

−4.65% /yr

Imports

11.68% /yr

Consistently Deficit
Sub-Chapter 3903 total

reference, FY 2024-25

Export

₹697.94 Cr

Import

₹4,582.96 Cr

Trade Balance

−3,885.02

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

Key Trade Insights: HSN Code 39031990 Export-Import Analysis

Export Decline: −4.65% CAGR Over 7 Years

India's exports under HSN Code 39031990 have declined at a compound annual rate of −4.65% over 7 fiscal years, falling from ₹556.47 Crore in FY 2018-19 to ₹418.20 Crore in FY 2024-25.

HSN Code 39031990 Ranked #1152 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 39031990 ranks #1152 out of 12657 HSN codes by total export value. Within Sub-Chapter 3903, it ranks #1 of 8. By trade surplus, it ranks #11155 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 39031990 Exports

The strongest single-year export movement for HSN Code 39031990 was recorded in FY 2021-22, when exports surged by 102.08% over the prior year.

India Records a Trade Deficit of ₹159.18 Crore in HSN Code 39031990 Goods

In FY 2024-25, India's imports of ₹577.38 Cr exceeded exports of ₹418.20 Cr, resulting in a trade deficit of ₹159.18 Crore — ranking #11155 of 12657 by surplus magnitude.

Import Growth of 11.68% CAGR Signals Rising Demand for Polystyrene| Other | Other

India's imports under HSN Code 39031990 have grown at 11.68% CAGR, reaching ₹577.38 Crore in FY 2024-25.

HSN Code 39031990 Contributes 59.92% of Sub-Chapter 3903 Exports — Ranked #1

Among the 8 HSN codes under Sub-Chapter 3903, HSN Code 39031990 ranks #1 by export value — accounting for 59.92% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 12.60% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 39031990 and GST compliance.

What products are classified under HSN 39031990 ?

It includes Polystyrene| Other | Other

Any common misclassification issue with Polystyrene/ Other / Other?

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 Polystyrene/ Other / Other?

Under HSN 39031990, Polystyrene/ Other / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Polystyrene/ Other / Other?

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 Polystyrene/ Other / Other?

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 Polystyrene/ Other / Other?

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.

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.