---
title: "HSN Code for Binders for pigments or inks | HSN 39061010 GST Rate"
description: "Find HSN and GST Rates for 39061010 related to Binders for pigments or inks with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-39061010/"
---

# HSN Code 39061010: Binders for pigments or inks

- [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 3906: Acrylic polymers](https://busy.in/hsn/sub-chapter-3906/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Poly (methyl methacrylate): Binders for pigments or inks | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 39061010 ?

It includes Binders for pigments or inks

### Any common misclassification issue with Binders for pigments or inks?

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 Binders for pigments or inks is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Binders for pigments or inks; Nil for exempt items if applicable).

### Does packaging or labelling change the GST for Binders for pigments or inks?

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 Binders for pigments or inks?

Under HSN 39061010, Binders for pigments or inks attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Can we claim ITC on inputs used to trade Binders for pigments or inks?

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 39061010 (FY 2024-25)

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

- Exports: ₹4 Cr (+147.77% YoY) — 0.0001% of India's total exports
- Imports: ₹10 Cr (+58.27% YoY) — 0.0002% of India's total imports
- Trade balance: −₹6 Cr (Deficit); surplus rank #8717 of 12657 HSN codes
- Share of Sub-Chapter 3906: 0.18% of its exports; import side 0.15%
- Rank within Sub-Chapter 3906: #5 of 10 by export value; import-side #7

### Key metrics

- Export CAGR: 15.37% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #6912 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +147.77% in FY 2024-25
- Contribution to Sub-Ch. 3906: 0.18% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 39061010

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. 3906 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3906 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 1.65 | 0.0001% | — | 0.22% | 5.49 | 0.0002% | — | 0.12% | −3.84 | #7144 |
| FY 2019-20 | 2.55 | 0.0001% | +54.55% | 0.35% | 7.96 | 0.0002% | +44.99% | 0.20% | −5.41 | #6670 |
| FY 2020-21 | 1.33 | 0.0001% | −47.84% | 0.14% | 3.52 | 0.0001% | −55.78% | 0.09% | −2.19 | #7398 |
| FY 2021-22 | 2.82 | 0.0001% | +112.03% | 0.14% | 7.69 | 0.0002% | +118.47% | 0.14% | −4.87 | #6959 |
| FY 2022-23 | 1.38 | 0.0000% | −51.06% | 0.08% | 4.00 | 0.0001% | −47.98% | 0.06% | −2.62 | #7815 |
| FY 2023-24 | 1.57 | 0.0000% | +13.77% | 0.09% | 6.23 | 0.0001% | +55.75% | 0.10% | −4.66 | #7817 |
| FY 2024-25 | 3.89 | 0.0001% | +147.77% | 0.18% | 9.86 | 0.0002% | +58.27% | 0.15% | −5.97 | #6912 |

- CAGR (7-year): exports 15.37%/yr, imports 10.25%/yr (consistently Deficit)

## Key trade insights: HSN Code 39061010 export-import analysis

### Consistent export growth: 15.37% CAGR over 7 years

India's exports under HSN Code 39061010 have grown at a compound annual rate of 15.37% over 7 fiscal years, rising from ₹1.65 Crore in FY 2018-19 to ₹3.89 Crore in FY 2024-25.

### HSN Code 39061010 ranked #6912 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 39061010 ranks #6912 out of 12657 HSN codes by total export value. Within Sub-Chapter 3906, it ranks #5 of 10. By trade surplus, it ranks #8717 of 12657.

### FY 2024-25 was the strongest growth year for HSN Code 39061010 exports

The strongest single-year export movement for HSN Code 39061010 was recorded in FY 2024-25, when exports surged by 147.77% over the prior year.

### India records a trade deficit of ₹5.97 Crore in HSN Code 39061010 goods

In FY 2024-25, India's imports of ₹9.86 Cr exceeded exports of ₹3.89 Cr, resulting in a trade deficit of ₹5.97 Crore — ranking #8717 of 12657 by surplus magnitude.

### Import growth of 10.25% CAGR signals rising demand for Binders for pigments or inks

India's imports under HSN Code 39061010 have grown at 10.25% CAGR, reaching ₹9.86 Crore in FY 2024-25.

### HSN Code 39061010 contributes 0.18% of Sub-Chapter 3906 exports — ranked #5

Among the 10 HSN codes under Sub-Chapter 3906, HSN Code 39061010 ranks #5 by export value — accounting for 0.18% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.15% share (rank #7).

## Related HSN Codes in Sub-Chapter 3906

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 39069090: Acrylic polymers in primary forms \| Other](https://busy.in/hsn/hsn-39069090/) | ₹2,127 Cr |
| #2 | [HSN Code 39061090: Poly (Methyl Methacrylate)\| Other](https://busy.in/hsn/hsn-39061090/) | ₹47 Cr |
| #3 | [HSN Code 39069060: Other \| Copolymers Of Acrylonitrile](https://busy.in/hsn/hsn-39069060/) | ₹8 Cr |
| #4 | [HSN Code 39069070: Other \| Sodium Polyacrylate](https://busy.in/hsn/hsn-39069070/) | ₹5 Cr |
| #5 | HSN Code 39061010: Binders for pigments or inks (this hsn code) | ₹4 Cr |
| #6 | [HSN Code 39069040: Other \| Poly (Acrylic Acid)](https://busy.in/hsn/hsn-39069040/) | ₹1 Cr |
| #7 | [HSN Code 39069050: Other \| Polyacrylonitrile (Pan)](https://busy.in/hsn/hsn-39069050/) | < ₹1 Crore |
| — | [HSN Code 39069010: Polyacrylate Moulding Powder](https://busy.in/hsn/hsn-39069010/) | Nil |
| — | [HSN Code 39069020: Copolymers of Acrylonitrile](https://busy.in/hsn/hsn-39069020/) | Nil |
| — | [HSN Code 39069030: Polyethers: Poly(ether alcohols)](https://busy.in/hsn/hsn-39069030/) | Nil |