--- title: "HSN Code for Polycarbonates | HSN 39074000 GST Rate" description: "Find HSN and GST Rates for 39074000 related to Polycarbonates with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-39074000/" --- # HSN Code 39074000: Polycarbonates - [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 | | --- | --- | --- | --- | --- | | Polycarbonates | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 39074000 ? It includes Polycarbonates ### Do e‑way bill and e‑invoice apply for Polycarbonates? 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 Polycarbonates? 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 Polycarbonates is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Polycarbonates; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Polycarbonates? 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 Polycarbonates? Under HSN 39074000, Polycarbonates attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Polycarbonates? 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 39074000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹41 Cr (−15.06% YoY) — 0.0011% of India's total exports - Imports: ₹5,545 Cr (+9.38% YoY) — 0.0913% of India's total imports - Trade balance: −₹5,504 Cr (Deficit); surplus rank #12565 of 12657 HSN codes - Share of Sub-Chapter 3907: 0.59% of its exports; import side 24.07% - Rank within Sub-Chapter 3907: #14 of 28 by export value; import-side #1 ### Key metrics - Export CAGR: -1.90% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3894 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +57.00% in FY 2020-21 - Contribution to Sub-Ch. 3907: 0.59% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 39074000 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 | 46.05 | 0.0020% | — | 0.43% | 3,692.72 | 0.1030% | — | 26.61% | −3,646.67 | #2972 | | FY 2019-20 | 36.21 | 0.0016% | −21.37% | 0.45% | 2,633.17 | 0.0787% | −28.69% | 20.84% | −2,596.96 | #3337 | | FY 2020-21 | 56.85 | 0.0026% | +57.00% | 0.87% | 2,678.99 | 0.0919% | +1.74% | 22.91% | −2,622.14 | #2749 | | FY 2021-22 | 65.63 | 0.0021% | +15.44% | 0.63% | 4,759.54 | 0.1041% | +77.66% | 25.63% | −4,693.91 | #2975 | | FY 2022-23 | 62.80 | 0.0017% | −4.31% | 0.71% | 5,030.33 | 0.0875% | +5.69% | 24.98% | −4,967.53 | #3171 | | FY 2023-24 | 48.33 | 0.0013% | −23.04% | 0.79% | 5,069.48 | 0.0903% | +0.78% | 23.99% | −5,021.15 | #3588 | | FY 2024-25 | 41.05 | 0.0011% | −15.06% | 0.59% | 5,545.08 | 0.0913% | +9.38% | 24.07% | −5,504.03 | #3894 | - CAGR (7-year): exports -1.90%/yr, imports 7.01%/yr (consistently Deficit) ## Key trade insights: HSN Code 39074000 export-import analysis ### Export decline: -1.90% CAGR over 7 years India's exports under HSN Code 39074000 have declined at a compound annual rate of -1.90% over 7 fiscal years, falling from ₹46.05 Crore in FY 2018-19 to ₹41.05 Crore in FY 2024-25. ### HSN Code 39074000 ranked #3894 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 39074000 ranks #3894 out of 12657 HSN codes by total export value. Within Sub-Chapter 3907, it ranks #14 of 28. By trade surplus, it ranks #12565 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 39074000 exports The strongest single-year export movement for HSN Code 39074000 was recorded in FY 2020-21, when exports surged by 57.00% over the prior year. ### India records a trade deficit of ₹5,504.03 Crore in HSN Code 39074000 goods In FY 2024-25, India's imports of ₹5,545.08 Cr exceeded exports of ₹41.05 Cr, resulting in a trade deficit of ₹5,504.03 Crore — ranking #12565 of 12657 by surplus magnitude. ### Import growth of 7.01% CAGR signals stable import dependency for Polycarbonates India's imports under HSN Code 39074000 have grown at 7.01% CAGR, reaching ₹5,545.08 Crore in FY 2024-25. ### HSN Code 39074000 contributes 0.59% of Sub-Chapter 3907 exports — ranked #14 Among the 28 HSN codes under Sub-Chapter 3907, HSN Code 39074000 ranks #14 by export value — accounting for 0.59% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 24.07% share (rank #1). ## 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 | | #14 | HSN Code 39074000: Polycarbonates (this hsn code) | ₹41 Cr |