---
title: "HSN Code for Polyester or contract resins | HSN 39079120 GST Rate"
description: "Find HSN and GST Rates for 39079120 related to Polyester or contract resins with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-39079120/"
---

# HSN Code 39079120: Polyester or contract resins

- [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 |
| --- | --- | --- | --- | --- |
| Other polyesters : Unsaturated : Polyester or contract resins | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 39079120 ?

It includes Polyester or contract resins

### Any common misclassification issue with Polyester or contract resins?

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

### How much GST applies to Polyester or contract resins?

Under HSN 39079120, Polyester or contract resins attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Does packaging or labelling change the GST for Polyester or contract resins?

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.

### Can we claim ITC on inputs used to trade Polyester or contract resins?

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 Polyester or contract resins?

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.

## India's trade performance: HSN Code 39079120 (FY 2024-25)

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

- Exports: ₹277 Cr (−15.03% YoY) — 0.0075% of India's total exports
- Imports: ₹235 Cr (−11.04% YoY) — 0.0039% of India's total imports
- Trade balance: ₹42 Cr (Surplus); surplus rank #2279 of 12657 HSN codes
- Share of Sub-Chapter 3907: 4.01% of its exports; import side 1.02%
- Rank within Sub-Chapter 3907: #7 of 28 by export value; import-side #12

### Key metrics

- Export CAGR: 9.20% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #1520 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +35.42% in FY 2021-22
- Contribution to Sub-Ch. 3907: 4.01% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 39079120

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 | 163.33 | 0.0071% | — | 1.53% | 211.43 | 0.0059% | — | 1.52% | −48.10 | #1515 |
| FY 2019-20 | 170.34 | 0.0077% | +4.29% | 2.13% | 178.57 | 0.0053% | −15.54% | 1.41% | −8.23 | #1465 |
| FY 2020-21 | 215.59 | 0.0100% | +26.56% | 3.30% | 118.83 | 0.0041% | −33.45% | 1.02% | +96.76 | #1291 |
| FY 2021-22 | 291.95 | 0.0093% | +35.42% | 2.79% | 235.55 | 0.0052% | +98.22% | 1.27% | +56.40 | #1310 |
| FY 2022-23 | 295.19 | 0.0082% | +1.11% | 3.33% | 277.47 | 0.0048% | +17.80% | 1.38% | +17.72 | #1345 |
| FY 2023-24 | 325.88 | 0.0090% | +10.40% | 5.30% | 263.65 | 0.0047% | −4.98% | 1.25% | +62.23 | #1315 |
| FY 2024-25 | 276.89 | 0.0075% | −15.03% | 4.01% | 234.53 | 0.0039% | −11.04% | 1.02% | +42.36 | #1520 |

- CAGR (7-year): exports 9.20%/yr, imports 1.74%/yr (consistently Surplus)

## Key trade insights: HSN Code 39079120 export-import analysis

### Consistent export growth: 9.20% CAGR over 7 years

India's exports under HSN Code 39079120 have grown at a compound annual rate of 9.20% over 7 fiscal years, rising from ₹163.33 Crore in FY 2018-19 to ₹276.89 Crore in FY 2024-25.

### HSN Code 39079120 ranked #1520 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 39079120 ranks #1520 out of 12657 HSN codes by total export value. Within Sub-Chapter 3907, it ranks #7 of 28. By trade surplus, it ranks #2279 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 39079120 exports

The strongest single-year export movement for HSN Code 39079120 was recorded in FY 2021-22, when exports surged by 35.42% over the prior year.

### India maintains a trade surplus of ₹42.36 Crore in HSN Code 39079120 goods

In FY 2024-25, India's exports of ₹276.89 Cr exceeded imports of ₹234.53 Cr, resulting in a trade surplus of ₹42.36 Crore — ranking #2279 of 12657 by surplus magnitude.

### Import growth of 1.74% CAGR signals stable import dependency for Polyester or contract resins

India's imports under HSN Code 39079120 have grown at 1.74% CAGR, reaching ₹234.53 Crore in FY 2024-25.

### HSN Code 39079120 contributes 4.01% of Sub-Chapter 3907 exports — ranked #7

Among the 28 HSN codes under Sub-Chapter 3907, HSN Code 39079120 ranks #7 by export value — accounting for 4.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.02% share (rank #12).

## 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 (this hsn code) | ₹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 |