HSN Code 39043010: Vinyl chloride copolymers

HSN Code 39043010 represents Vinyl chloride copolymers under GST classification. This code helps businesses identify Vinyl chloride copolymers correctly for billing, taxation, and trade. With HSN Code 39043010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Vinyl chloride copolymers.

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Description of Goods for HSN Code 39043010

HSN Code 39043010 relates to the following description.

Description of Goods

Vinyl chloride-vinyl acetate copolymers : Poly (vinyl derivatives)

Chapter

39 - Plastics and articles thereof

Sub Chapter

3904 - Polymers of vinyl chlorideor of other halogenated olefins , in primary forms

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 39043010 not include?

Vinyl chloride copolymers does not include products with the following descriptions.

Poly (vinyl chloride), not mixed with any other substances: Emulsion grade PVC resin / PVC Paste resin/ PVC dispersion resin

Poly (vinyl chloride), not mixed with any other substances: Suspension grade PVC resin

Polymers of vinyl chloride or of other halogenated olefins, in primary forms - other poly (vinyl chloride): non - plasticised:poly (vinyl chloride) resins

Polymers of vinyl chloride or of other halogenated olefins, in primary forms - other poly (vinyl chloride): non - plasticised:other

Polymers of vinyl chloride or of other halogenated olefins, in primary forms - other poly (vinyl chloride): plasticised: poly (vinyl chloride) (pvc) resins (emulsion grade)

Polymers of vinyl chloride or of other halogenated olefins, in primary forms - other poly (vinyl chloride): plasticised:other

Vinylidene chloride polymers: Copolymer of vinylidene chloride with acrylonitrite, in the form of expansible beads of a diameter of 4 micrometers or more but not more than 20 micrometers

Fluro-polymers : Other : Poly (vinyl fluoride), in one of the forms mentioned in Note 6(b) to this Chapter

Polymers of vinyl chloride or of other halogenated olefins, in primary forms - other

India’s Trade Performance — HSN Code 39043010 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

₹7 Cr

+72.18% vs FY 2023-24

0.0002% of India’s total exports

India’s Imports

FY 2024-25

₹29 Cr

+13.18% vs FY 2023-24

0.0005% of India’s total imports

Trade Balance

FY 2024-25

−₹21 Cr

Trade Deficit

Surplus rank #9591 of 12657 HSN codes

% of Sub-Chapter 3904

FY 2024-25

0.32%

Share of Sub-Chapter 3904’s total exports in FY 2024-25

Import side: 0.10% of Sub-Chapter 3904’s imports

Rank Within Sub-Chapter 3904

FY 2024-25

#9 of 20

Position by export value among HSN codes in Sub-Chapter 3904

Import-side rank: #13 of 20

At a glance

65.84%

Export CAGR

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

#6134

National Export Rank

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

+512.68%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.32%

Contribution to Sub-Ch. 3904

Share of Sub-Chapter 3904 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 39043010

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 #8417

Balance

−6.03

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.03% of Sub-Ch. 3904

Imports

6.39 ₹ Cr

0.0002% share

YoY

0.04% of Sub-Ch. 3904

FY 2019-20 Exp. Rank #8275

Balance

−4.45

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+25.00% YoY

0.04% of Sub-Ch. 3904

Imports

4.90 ₹ Cr

0.0001% share

−23.32% YoY

0.03% of Sub-Ch. 3904

FY 2020-21 Exp. Rank #8244

Balance

−11.39

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+8.89% YoY

0.03% of Sub-Ch. 3904

Imports

11.88 ₹ Cr

0.0004% share

+142.45% YoY

0.08% of Sub-Ch. 3904

FY 2021-22 Exp. Rank #8922

Balance

−21.78

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−36.73% YoY

0.02% of Sub-Ch. 3904

Imports

22.09 ₹ Cr

0.0005% share

+85.94% YoY

0.10% of Sub-Ch. 3904

FY 2022-23 Exp. Rank #8391

Balance

−29.12

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+129.03% YoY

0.03% of Sub-Ch. 3904

Imports

29.83 ₹ Cr

0.0005% share

+35.04% YoY

0.10% of Sub-Ch. 3904

FY 2023-24 Exp. Rank #6742

Balance

−21.07

Exports

4.35 ₹ Cr

0.0001% share

+512.68% YoY

0.21% of Sub-Ch. 3904

Imports

25.42 ₹ Cr

0.0005% share

−14.78% YoY

0.10% of Sub-Ch. 3904

FY 2024-25 Exp. Rank #6134

Balance

−21.28

Exports

7.49 ₹ Cr

0.0002% share

+72.18% YoY

0.32% of Sub-Ch. 3904

Imports

28.77 ₹ Cr

0.0005% share

+13.18% YoY

0.10% of Sub-Ch. 3904

CAGR · 7-Year

Exports

65.84% /yr

Imports

28.50% /yr

Consistently Deficit
Sub-Chapter 3904 total

reference, FY 2024-25

Export

₹2,309.14 Cr

Import

₹27,462.27 Cr

Trade Balance

−25,153.13

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

Key Trade Insights: HSN Code 39043010 Export-Import Analysis

Consistent Export Growth: 65.84% CAGR Over 7 Years

India's exports under HSN Code 39043010 have grown at a compound annual rate of 65.84% over 7 fiscal years, rising from ₹0.36 Crore in FY 2018-19 to ₹7.49 Crore in FY 2024-25.

HSN Code 39043010 Ranked #6134 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 39043010 ranks #6134 out of 12657 HSN codes by total export value. Within Sub-Chapter 3904, it ranks #9 of 20. By trade surplus, it ranks #9591 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 39043010 Exports

The strongest single-year export movement for HSN Code 39043010 was recorded in FY 2023-24, when exports surged by 512.68% over the prior year.

India Records a Trade Deficit of ₹21.28 Crore in HSN Code 39043010 Goods

In FY 2024-25, India's imports of ₹28.77 Cr exceeded exports of ₹7.49 Cr, resulting in a trade deficit of ₹21.28 Crore — ranking #9591 of 12657 by surplus magnitude.

Import Growth of 28.50% CAGR Signals Rising Demand for Vinyl chloride copolymers

India's imports under HSN Code 39043010 have grown at 28.50% CAGR, reaching ₹28.77 Crore in FY 2024-25.

HSN Code 39043010 Contributes 0.32% of Sub-Chapter 3904 Exports — Ranked #9

Among the 20 HSN codes under Sub-Chapter 3904, HSN Code 39043010 ranks #9 by export value — accounting for 0.32% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.10% share (rank #13).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 39043010 and GST compliance.

What products are classified under HSN 39043010 ?

It includes Vinyl chloride copolymers

Can we claim ITC on inputs used to trade Vinyl chloride copolymers?

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 Vinyl chloride copolymers?

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 Vinyl chloride copolymers?

Under HSN 39043010, Vinyl chloride copolymers attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Vinyl chloride copolymers?

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

How should mixed supplies be billed when Vinyl chloride copolymers is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Vinyl chloride copolymers; Nil for exempt items if applicable).

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.