--- title: "HSN Code for Phenolic resins : Phenol formaldehyde resins | HSN 39094020 GST Rate" description: "Find HSN and GST Rates for 39094020 related to Phenolic resins : Phenol formaldehyde resins with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-39094020/" --- # HSN Code 39094020: Phenolic resins : Phenol formaldehyde 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 3909: Primary amino-resins](https://busy.in/hsn/sub-chapter-3909/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Phenolic resins : Phenol formaldehyde resins | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 39094020 ? It includes Phenolic resins : Phenol formaldehyde resins ### Do e‑way bill and e‑invoice apply for Phenolic resins : Phenol formaldehyde 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. ### How should mixed supplies be billed when Phenolic resins : Phenol formaldehyde resins is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Phenolic resins : Phenol formaldehyde resins; Nil for exempt items if applicable). ### Any common misclassification issue with Phenolic resins : Phenol formaldehyde resins? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Phenolic resins : Phenol formaldehyde resins? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Does packaging or labelling change the GST for Phenolic resins : Phenol formaldehyde 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. ### How much GST applies to Phenolic resins : Phenol formaldehyde resins? Under HSN 39094020, Phenolic resins : Phenol formaldehyde resins attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 39094020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹173 Cr (+3.00% YoY) — 0.0047% of India's total exports - Imports: ₹66 Cr (−11.16% YoY) — 0.0011% of India's total imports - Trade balance: ₹108 Cr (Surplus); surplus rank #1557 of 12657 HSN codes - Share of Sub-Chapter 3909: 9.60% of its exports; import side 0.84% - Rank within Sub-Chapter 3909: #4 of 17 by export value; import-side #8 ### Key metrics - Export CAGR: 10.29% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1995 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +69.09% in FY 2021-22 - Contribution to Sub-Ch. 3909: 9.60% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 39094020 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. 3909 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3909 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 96.38 | 0.0042% | — | 8.92% | 66.95 | 0.0019% | — | 1.42% | +29.43 | #2065 | | FY 2019-20 | 87.16 | 0.0040% | −9.57% | 8.41% | 52.40 | 0.0016% | −21.73% | 1.31% | +34.76 | #2171 | | FY 2020-21 | 77.90 | 0.0036% | −10.62% | 7.82% | 58.35 | 0.0020% | +11.36% | 1.43% | +19.55 | #2357 | | FY 2021-22 | 131.72 | 0.0042% | +69.09% | 9.23% | 62.15 | 0.0014% | +6.51% | 1.03% | +69.57 | #2092 | | FY 2022-23 | 156.35 | 0.0043% | +18.70% | 8.93% | 57.05 | 0.0010% | −8.21% | 0.78% | +99.30 | #2000 | | FY 2023-24 | 168.42 | 0.0047% | +7.72% | 9.92% | 73.90 | 0.0013% | +29.54% | 1.10% | +94.52 | #1969 | | FY 2024-25 | 173.47 | 0.0047% | +3.00% | 9.60% | 65.65 | 0.0011% | −11.16% | 0.84% | +107.82 | #1995 | - CAGR (7-year): exports 10.29%/yr, imports -0.33%/yr (consistently Surplus) ## Key trade insights: HSN Code 39094020 export-import analysis ### Consistent export growth: 10.29% CAGR over 7 years India's exports under HSN Code 39094020 have grown at a compound annual rate of 10.29% over 7 fiscal years, rising from ₹96.38 Crore in FY 2018-19 to ₹173.47 Crore in FY 2024-25. ### HSN Code 39094020 ranked #1995 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 39094020 ranks #1995 out of 12657 HSN codes by total export value. Within Sub-Chapter 3909, it ranks #4 of 17. By trade surplus, it ranks #1557 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 39094020 exports The strongest single-year export movement for HSN Code 39094020 was recorded in FY 2021-22, when exports surged by 69.09% over the prior year. ### India maintains a trade surplus of ₹107.82 Crore in HSN Code 39094020 goods In FY 2024-25, India's exports of ₹173.47 Cr exceeded imports of ₹65.65 Cr, resulting in a trade surplus of ₹107.82 Crore — ranking #1557 of 12657 by surplus magnitude. ### Import growth of -0.33% CAGR signals stable import dependency for Phenolic resins : Phenol formaldehyde resins India's imports under HSN Code 39094020 have grown at -0.33% CAGR, reaching ₹65.65 Crore in FY 2024-25. ### HSN Code 39094020 contributes 9.60% of Sub-Chapter 3909 exports — ranked #4 Among the 17 HSN codes under Sub-Chapter 3909, HSN Code 39094020 ranks #4 by export value — accounting for 9.60% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.84% share (rank #8). ## Related HSN Codes in Sub-Chapter 3909 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 39095000: Polyurethanes](https://busy.in/hsn/hsn-39095000/) | ₹718 Cr | | #2 | [HSN Code 39094090: Phenolic Resins \|Other](https://busy.in/hsn/hsn-39094090/) | ₹207 Cr | | #3 | [HSN Code 39094030: Phenolic resins](https://busy.in/hsn/hsn-39094030/) | ₹195 Cr | | #4 | HSN Code 39094020: Phenolic resins : Phenol formaldehyde resins (this hsn code) | ₹173 Cr | | #5 | [HSN Code 39092010: Melamine resins : Melamine formaldehyde resins](https://busy.in/hsn/hsn-39092010/) | ₹140 Cr | | #6 | [HSN Code 39094040: Phenolic Resins \| Ketonic Resins](https://busy.in/hsn/hsn-39094040/) | ₹124 Cr | | #7 | [HSN Code 39093100: Polymeric MDI (Crude/Polymeric)](https://busy.in/hsn/hsn-39093100/) | ₹110 Cr | | #8 | [HSN Code 39092090: Melamine Resins \| Other](https://busy.in/hsn/hsn-39092090/) | ₹53 Cr | | #9 | [HSN Code 39091010: Urea formaldehyde resins](https://busy.in/hsn/hsn-39091010/) | ₹26 Cr | | #10 | [HSN Code 39091090: Urea Resins; Thiourea Resins \| Other](https://busy.in/hsn/hsn-39091090/) | ₹24 Cr |