HSN Code 39094020: Phenolic resins : Phenol formaldehyde resins

HSN Code 39094020 represents Phenolic resins : Phenol formaldehyde resins under GST classification. This code helps businesses identify Phenolic resins : Phenol formaldehyde resins correctly for billing, taxation, and trade. With HSN Code 39094020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Phenolic resins : Phenol formaldehyde resins.

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Description of Goods for HSN Code 39094020

HSN Code 39094020 relates to the following description.

Description of Goods

Phenolic resins : Phenol formaldehyde resins

Chapter

39 - Plastics and articles thereof

Sub Chapter

3909 - Amino-resins , phenolic resins and polyurethanes, in primary forms

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 39094020 not include?

Phenolic resins : Phenol formaldehyde resins does not include products with the following descriptions.

HSN Code 39093010

Amino - resins, phenolic resins and polyurethanes, in primary forms - other amino - resins: poly (phenylene oxide)

HSN Code 39093090

Amino - resins, phenolic resins and polyurethanes, in primary forms - other amino - resins:other

HSN Code 39093100

Other amino-resins: Poly(methylene phenyl isocyanate) (crude MDI, polymeric MDI)

India’s Trade Performance — HSN Code 39094020 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

₹173 Cr

+3.00% vs FY 2023-24

0.0047% of India’s total exports

India’s Imports

FY 2024-25

₹66 Cr

−11.16% vs FY 2023-24

0.0011% of India’s total imports

Trade Balance

FY 2024-25

₹108 Cr

Trade Surplus

Surplus rank #1557 of 12657 HSN codes

% of Sub-Chapter 3909

FY 2024-25

9.60%

Share of Sub-Chapter 3909’s total exports in FY 2024-25

Import side: 0.84% of Sub-Chapter 3909’s imports

Rank Within Sub-Chapter 3909

FY 2024-25

#4 of 17

Position by export value among HSN codes in Sub-Chapter 3909

Import-side rank: #8 of 17

At a glance

10.29%

Export CAGR

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

#1995

National Export Rank

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

+69.09%

Peak Growth Year

FY 2021-22 · strongest single-year move

9.60%

Contribution to Sub-Ch. 3909

Share of Sub-Chapter 3909 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #2065

Balance

+29.43

Exports

96.38 ₹ Cr

0.0042% share

— YoY

8.92% of Sub-Ch. 3909

Imports

66.95 ₹ Cr

0.0019% share

— YoY

1.42% of Sub-Ch. 3909

FY 2019-20 Exp. Rank #2171

Balance

+34.76

Exports

87.16 ₹ Cr

0.0040% share

−9.57% YoY

8.41% of Sub-Ch. 3909

Imports

52.40 ₹ Cr

0.0016% share

−21.73% YoY

1.31% of Sub-Ch. 3909

FY 2020-21 Exp. Rank #2357

Balance

+19.55

Exports

77.90 ₹ Cr

0.0036% share

−10.62% YoY

7.82% of Sub-Ch. 3909

Imports

58.35 ₹ Cr

0.0020% share

+11.36% YoY

1.43% of Sub-Ch. 3909

FY 2021-22 Exp. Rank #2092

Balance

+69.57

Exports

131.72 ₹ Cr

0.0042% share

+69.09% YoY

9.23% of Sub-Ch. 3909

Imports

62.15 ₹ Cr

0.0014% share

+6.51% YoY

1.03% of Sub-Ch. 3909

FY 2022-23 Exp. Rank #2000

Balance

+99.30

Exports

156.35 ₹ Cr

0.0043% share

+18.70% YoY

8.93% of Sub-Ch. 3909

Imports

57.05 ₹ Cr

0.0010% share

−8.21% YoY

0.78% of Sub-Ch. 3909

FY 2023-24 Exp. Rank #1969

Balance

+94.52

Exports

168.42 ₹ Cr

0.0047% share

+7.72% YoY

9.92% of Sub-Ch. 3909

Imports

73.90 ₹ Cr

0.0013% share

+29.54% YoY

1.10% of Sub-Ch. 3909

FY 2024-25 Exp. Rank #1995

Balance

+107.82

Exports

173.47 ₹ Cr

0.0047% share

+3.00% YoY

9.60% of Sub-Ch. 3909

Imports

65.65 ₹ Cr

0.0011% share

−11.16% YoY

0.84% of Sub-Ch. 3909

CAGR · 7-Year

Exports

10.29% /yr

Imports

−0.33% /yr

Consistently Surplus
Sub-Chapter 3909 total

reference, FY 2024-25

Export

₹1,806.71 Cr

Import

₹7,796.07 Cr

Trade Balance

−5,989.36

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 39094020 and GST compliance.

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.

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.