--- title: "HSN Code for Polyacetals | HSN 39071000 GST Rate" description: "Find HSN and GST Rates for 39071000 related to Polyacetals with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-39071000/" --- # HSN Code 39071000: Polyacetals - [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 3907: Polyacetals & Epoxy Resins](https://busy.in/hsn/sub-chapter-3907/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Polyacetals | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 39071000 ? It includes Polyacetals ### How should mixed supplies be billed when Polyacetals is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Polyacetals; Nil for exempt items if applicable). ### How much GST applies to Polyacetals? Under HSN 39071000, Polyacetals attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Polyacetals? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Polyacetals? 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 Polyacetals? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 39071000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹18 Cr (−61.36% YoY) — 0.0005% of India's total exports - Imports: ₹1,104 Cr (+3.11% YoY) — 0.0182% of India's total imports - Trade balance: −₹1,086 Cr (Deficit); surplus rank #12237 of 12657 HSN codes - Share of Sub-Chapter 3907: 0.26% of its exports; import side 4.79% - Rank within Sub-Chapter 3907: #16 of 28 by export value; import-side #8 ### Key metrics - Export CAGR: 28.48% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5009 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +228.95% in FY 2021-22 - Contribution to Sub-Ch. 3907: 0.26% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 39071000 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. 3907 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3907 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 4.02 | 0.0002% | — | 0.04% | 590.46 | 0.0165% | — | 4.25% | −586.44 | #6128 | | FY 2019-20 | 5.40 | 0.0002% | +34.33% | 0.07% | 530.04 | 0.0158% | −10.23% | 4.20% | −524.64 | #5760 | | FY 2020-21 | 10.81 | 0.0005% | +100.19% | 0.17% | 561.58 | 0.0193% | +5.95% | 4.80% | −550.77 | #4967 | | FY 2021-22 | 35.56 | 0.0011% | +228.95% | 0.34% | 720.46 | 0.0158% | +28.29% | 3.88% | −684.90 | #3832 | | FY 2022-23 | 42.20 | 0.0012% | +18.67% | 0.48% | 1,213.50 | 0.0211% | +68.43% | 6.03% | −1,171.30 | #3701 | | FY 2023-24 | 46.79 | 0.0013% | +10.88% | 0.76% | 1,070.68 | 0.0191% | −11.77% | 5.07% | −1,023.89 | #3626 | | FY 2024-25 | 18.08 | 0.0005% | −61.36% | 0.26% | 1,104.03 | 0.0182% | +3.11% | 4.79% | −1,085.95 | #5009 | - CAGR (7-year): exports 28.48%/yr, imports 10.99%/yr (consistently Deficit) ## Key trade insights: HSN Code 39071000 export-import analysis ### Consistent export growth: 28.48% CAGR over 7 years India's exports under HSN Code 39071000 have grown at a compound annual rate of 28.48% over 7 fiscal years, rising from ₹4.02 Crore in FY 2018-19 to ₹18.08 Crore in FY 2024-25. ### HSN Code 39071000 ranked #5009 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 39071000 ranks #5009 out of 12657 HSN codes by total export value. Within Sub-Chapter 3907, it ranks #16 of 28. By trade surplus, it ranks #12237 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 39071000 exports The strongest single-year export movement for HSN Code 39071000 was recorded in FY 2021-22, when exports surged by 228.95% over the prior year. ### India records a trade deficit of ₹1,085.95 Crore in HSN Code 39071000 goods In FY 2024-25, India's imports of ₹1,104.03 Cr exceeded exports of ₹18.08 Cr, resulting in a trade deficit of ₹1,085.95 Crore — ranking #12237 of 12657 by surplus magnitude. ### Import growth of 10.99% CAGR signals rising demand for Polyacetals India's imports under HSN Code 39071000 have grown at 10.99% CAGR, reaching ₹1,104.03 Crore in FY 2024-25. ### HSN Code 39071000 contributes 0.26% of Sub-Chapter 3907 exports — ranked #16 Among the 28 HSN codes under Sub-Chapter 3907, HSN Code 39071000 ranks #16 by export value — accounting for 0.26% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.79% share (rank #8). ## Related HSN Codes in Sub-Chapter 3907 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 39076190: Other PET (Viscosity ≥78 ml/g, Primary Form)](https://busy.in/hsn/hsn-39076190/) | ₹2,708 Cr | | #2 | [HSN Code 39076990: Polyethylene terepthalate in primary form](https://busy.in/hsn/hsn-39076990/) | ₹1,063 Cr | | #3 | [HSN Code 39072990: Other Polyethers\| Other\| Other](https://busy.in/hsn/hsn-39072990/) | ₹792 Cr | | #4 | [HSN Code 39076930: PET flake (chip)](https://busy.in/hsn/hsn-39076930/) | ₹607 Cr | | #5 | [HSN Code 39073010: Epoxy resins](https://busy.in/hsn/hsn-39073010/) | ₹518 Cr | | #6 | [HSN Code 39079900: Other Polyesters \| Other](https://busy.in/hsn/hsn-39079900/) | ₹436 Cr | | #7 | [HSN Code 39079120: Polyester or contract resins](https://busy.in/hsn/hsn-39079120/) | ₹277 Cr | | #8 | [HSN Code 39075000: Alkyd resins](https://busy.in/hsn/hsn-39075000/) | ₹110 Cr | | #9 | [HSN Code 39079150: Unsaturated polyesters](https://busy.in/hsn/hsn-39079150/) | ₹91 Cr | | #10 | [HSN Code 39073090: Epoxide resins (Other)](https://busy.in/hsn/hsn-39073090/) | ₹67 Cr | | #16 | HSN Code 39071000: Polyacetals (this hsn code) | ₹18 Cr |