HSN Code 39079120: Polyester or contract resins

HSN Code 39079120 represents Polyester or contract resins under GST classification. This code helps businesses identify Polyester or contract resins correctly for billing, taxation, and trade. With HSN Code 39079120, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Polyester or contract resins.

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Description of Goods for HSN Code 39079120

HSN Code 39079120 relates to the following description.

Description of Goods

Other polyesters : Unsaturated : Polyester or contract resins

Chapter

39 - Plastics and articles thereof

Sub Chapter

3907 - Polyacetals , other polyethers and epoxide resins, in primary forms ;polycarbonates , alkyd resins ,polyallylesters and other polyesters , in primary forms

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 39079120 not include?

Polyester or contract resins does not include products with the following descriptions.

Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallylesters and other polyesters, in primary forms - other polyethers:poly (ether alcohols)

Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallylesters and other polyesters, in primary forms - other polyethers:other

Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallylesters and other polyesters, in primary forms - poly (ethylene terepthalate):having an intrinsic viscosity of less than 0.64 dl/g

Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallylesters and other polyesters, in primary forms - poly (ethylene terepthalate): having an intrinsic viscosity of not less than 0.64 dl/g and not greater than 0.72 dl/g

Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallylesters and other polyesters, in primary forms - poly (ethylene terepthalate): other (including clean, clourless grades)

Poly (ethylene terepthalate) : Having a viscosity number of 78 ml/g or higher : PET flake (chip)

Poly (ethylene terepthalate) : Having a viscosity number of 78 ml/g or higher : Other primary form

Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallylesters and other polyesters, in primary forms - other polyesters : other :diallyl phthalate resins

Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallylesters and other polyesters, in primary forms - other polyesters : other : poly(butylene terepthalate)

Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallylesters and other polyesters, in primary forms - other polyesters : other :other

India’s Trade Performance — HSN Code 39079120 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

₹277 Cr

−15.03% vs FY 2023-24

0.0075% of India’s total exports

India’s Imports

FY 2024-25

₹235 Cr

−11.04% vs FY 2023-24

0.0039% of India’s total imports

Trade Balance

FY 2024-25

₹42 Cr

Trade Surplus

Surplus rank #2279 of 12657 HSN codes

% of Sub-Chapter 3907

FY 2024-25

4.01%

Share of Sub-Chapter 3907’s total exports in FY 2024-25

Import side: 1.02% of Sub-Chapter 3907’s imports

Rank Within Sub-Chapter 3907

FY 2024-25

#7 of 28

Position by export value among HSN codes in Sub-Chapter 3907

Import-side rank: #12 of 28

At a glance

9.20%

Export CAGR

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

#1520

National Export Rank

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

+35.42%

Peak Growth Year

FY 2021-22 · strongest single-year move

4.01%

Contribution to Sub-Ch. 3907

Share of Sub-Chapter 3907 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #1515

Balance

−48.10

Exports

163.33 ₹ Cr

0.0071% share

YoY

1.53% of Sub-Ch. 3907

Imports

211.43 ₹ Cr

0.0059% share

YoY

1.52% of Sub-Ch. 3907

FY 2019-20 Exp. Rank #1465

Balance

−8.23

Exports

170.34 ₹ Cr

0.0077% share

+4.29% YoY

2.13% of Sub-Ch. 3907

Imports

178.57 ₹ Cr

0.0053% share

−15.54% YoY

1.41% of Sub-Ch. 3907

FY 2020-21 Exp. Rank #1291

Balance

+96.76

Exports

215.59 ₹ Cr

0.0100% share

+26.56% YoY

3.30% of Sub-Ch. 3907

Imports

118.83 ₹ Cr

0.0041% share

−33.45% YoY

1.02% of Sub-Ch. 3907

FY 2021-22 Exp. Rank #1310

Balance

+56.40

Exports

291.95 ₹ Cr

0.0093% share

+35.42% YoY

2.79% of Sub-Ch. 3907

Imports

235.55 ₹ Cr

0.0052% share

+98.22% YoY

1.27% of Sub-Ch. 3907

FY 2022-23 Exp. Rank #1345

Balance

+17.72

Exports

295.19 ₹ Cr

0.0082% share

+1.11% YoY

3.33% of Sub-Ch. 3907

Imports

277.47 ₹ Cr

0.0048% share

+17.80% YoY

1.38% of Sub-Ch. 3907

FY 2023-24 Exp. Rank #1315

Balance

+62.23

Exports

325.88 ₹ Cr

0.0090% share

+10.40% YoY

5.30% of Sub-Ch. 3907

Imports

263.65 ₹ Cr

0.0047% share

−4.98% YoY

1.25% of Sub-Ch. 3907

FY 2024-25 Exp. Rank #1520

Balance

+42.36

Exports

276.89 ₹ Cr

0.0075% share

−15.03% YoY

4.01% of Sub-Ch. 3907

Imports

234.53 ₹ Cr

0.0039% share

−11.04% YoY

1.02% of Sub-Ch. 3907

CAGR · 7-Year

Exports

9.20% /yr

Imports

1.74% /yr

Consistently Surplus
Sub-Chapter 3907 total

reference, FY 2024-25

Export

₹6,908.58 Cr

Import

₹23,039.85 Cr

Trade Balance

−16,131.27

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 39079120 and GST compliance.

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.

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.