---
title: "HSN Code for PVC Emulsion Grade Resin | HSN 39041010 GST Rate"
description: "Find HSN and GST Rates for 39041010 related to PVC Emulsion Grade Resin with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-39041010/"
---

# HSN Code 39041010: PVC Emulsion Grade Resin

- [Section 07: Guide to HSN Section 07](https://busy.in/hsn/section-07/)
- [Chapter 39: Plastics and Articles Thereof](https://busy.in/hsn/chapter-39/)
- [Sub-chapter 3904: Vinyl polymers](https://busy.in/hsn/sub-chapter-3904/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Poly (vinyl chloride), not mixed with any other substances: Emulsion grade PVC resin / PVC Paste resin/ PVC dispersion resin | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 39041010 ?

It includes PVC Emulsion Grade Resin

### Do e‑way bill and e‑invoice apply for PVC Emulsion Grade Resin?

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.

### Any common misclassification issue with PVC Emulsion Grade Resin?

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

### Does packaging or labelling change the GST for PVC Emulsion Grade Resin?

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 should mixed supplies be billed when PVC Emulsion Grade Resin is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for PVC Emulsion Grade Resin; Nil for exempt items if applicable).

### Can we claim ITC on inputs used to trade PVC Emulsion Grade Resin?

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 39041010 (FY 2024-25)

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

- Exports: ₹2 Cr (−47.47% YoY) — 0.0000% of India's total exports
- Imports: ₹652 Cr (−5.14% YoY) — 0.0107% of India's total imports
- Trade balance: −₹650 Cr (Deficit); surplus rank #12037 of 12657 HSN codes
- Share of Sub-Chapter 3904: 0.07% of its exports; import side 2.37%
- Rank within Sub-Chapter 3904: #12 of 20 by export value; import-side #5

### Key metrics

- Export CAGR: 19.34% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #7826 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +324.07% in FY 2019-20
- Contribution to Sub-Ch. 3904: 0.07% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 39041010

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. 3904 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3904 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.05% | 614.14 | 0.0171% | — | 3.78% | −613.60 | #8123 |
| FY 2019-20 | 2.29 | 0.0001% | +324.07% | 0.22% | 439.71 | 0.0131% | −28.40% | 2.79% | −437.42 | #6791 |
| FY 2020-21 | 7.87 | 0.0004% | +243.67% | 0.54% | 339.65 | 0.0117% | −22.76% | 2.33% | −331.78 | #5376 |
| FY 2021-22 | 7.11 | 0.0002% | −9.66% | 0.36% | 836.48 | 0.0183% | +146.28% | 3.60% | −829.37 | #5917 |
| FY 2022-23 | 1.11 | 0.0000% | −84.39% | 0.05% | 790.43 | 0.0137% | −5.51% | 2.77% | −789.32 | #8010 |
| FY 2023-24 | 2.97 | 0.0001% | +167.57% | 0.15% | 687.21 | 0.0122% | −13.06% | 2.71% | −684.24 | #7155 |
| FY 2024-25 | 1.56 | 0.0000% | −47.47% | 0.07% | 651.88 | 0.0107% | −5.14% | 2.37% | −650.32 | #7826 |

- CAGR (7-year): exports 19.34%/yr, imports 1.00%/yr (consistently Deficit)

## Key trade insights: HSN Code 39041010 export-import analysis

### Consistent export growth: 19.34% CAGR over 7 years

India's exports under HSN Code 39041010 have grown at a compound annual rate of 19.34% over 7 fiscal years, rising from ₹0.54 Crore in FY 2018-19 to ₹1.56 Crore in FY 2024-25.

### HSN Code 39041010 ranked #7826 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 39041010 ranks #7826 out of 12657 HSN codes by total export value. Within Sub-Chapter 3904, it ranks #12 of 20. By trade surplus, it ranks #12037 of 12657.

### FY 2019-20 was the strongest growth year for HSN Code 39041010 exports

The strongest single-year export movement for HSN Code 39041010 was recorded in FY 2019-20, when exports surged by 324.07% over the prior year.

### India records a trade deficit of ₹650.32 Crore in HSN Code 39041010 goods

In FY 2024-25, India's imports of ₹651.88 Cr exceeded exports of ₹1.56 Cr, resulting in a trade deficit of ₹650.32 Crore — ranking #12037 of 12657 by surplus magnitude.

### Import growth of 1.00% CAGR signals stable import dependency for PVC Emulsion Grade Resin

India's imports under HSN Code 39041010 have grown at 1.00% CAGR, reaching ₹651.88 Crore in FY 2024-25.

### HSN Code 39041010 contributes 0.07% of Sub-Chapter 3904 exports — ranked #12

Among the 20 HSN codes under Sub-Chapter 3904, HSN Code 39041010 ranks #12 by export value — accounting for 0.07% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.37% share (rank #5).

## Related HSN Codes in Sub-Chapter 3904

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 39046100: Polytetrafluoroethylene](https://busy.in/hsn/hsn-39046100/) | ₹1,094 Cr |
| #2 | [HSN Code 39046990: Other Fluoropolymers](https://busy.in/hsn/hsn-39046990/) | ₹888 Cr |
| #3 | [HSN Code 39042200: Pvc\| Plasticised](https://busy.in/hsn/hsn-39042200/) | ₹246 Cr |
| #4 | [HSN Code 39049090: Halogenated Olefin Polymers in Primary Form – Other](https://busy.in/hsn/hsn-39049090/) | ₹18 Cr |
| #5 | [HSN Code 39041090: Polyvinyl chloride, not mixed](https://busy.in/hsn/hsn-39041090/) | ₹14 Cr |
| #6 | [HSN Code 39046910: Poly (Vinyl Fluoride)](https://busy.in/hsn/hsn-39046910/) | ₹14 Cr |
| #7 | [HSN Code 39041020: Suspension Grade PVC Resin](https://busy.in/hsn/hsn-39041020/) | ₹12 Cr |
| #8 | [HSN Code 39043090: Vinyl chloride-vinyl acetate copolymers : Other](https://busy.in/hsn/hsn-39043090/) | ₹8 Cr |
| #9 | [HSN Code 39043010: Vinyl chloride copolymers](https://busy.in/hsn/hsn-39043010/) | ₹7 Cr |
| #10 | [HSN Code 39042100: Other poly (vinyl chloride) : Non-plasticised](https://busy.in/hsn/hsn-39042100/) | ₹4 Cr |
| #12 | HSN Code 39041010: PVC Emulsion Grade Resin (this hsn code) | ₹2 Cr |