---
title: "HSN Code for Phenolic resins | HSN 39094030 GST Rate"
description: "Find HSN and GST Rates for 39094030 related to Phenolic resins with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-39094030/"
---

# HSN Code 39094030: Phenolic 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 : Alkyl phenol-formaldehyde resins | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 39094030 ?

It includes Phenolic resins

### Any common misclassification issue with Phenolic 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 should mixed supplies be billed when Phenolic 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; Nil for exempt items if applicable).

### Can we claim ITC on inputs used to trade Phenolic resins?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

### How much GST applies to Phenolic resins?

Under HSN 39094030, Phenolic resins attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Do e‑way bill and e‑invoice apply for Phenolic 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 39094030 (FY 2024-25)

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

- Exports: ₹195 Cr (−22.21% YoY) — 0.0053% of India's total exports
- Imports: ₹14 Cr (−15.08% YoY) — 0.0002% of India's total imports
- Trade balance: ₹181 Cr (Surplus); surplus rank #1209 of 12657 HSN codes
- Share of Sub-Chapter 3909: 10.81% of its exports; import side 0.18%
- Rank within Sub-Chapter 3909: #3 of 17 by export value; import-side #10

### Key metrics

- Export CAGR: 11.26% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #1873 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +80.56% in FY 2021-22
- Contribution to Sub-Ch. 3909: 10.81% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 39094030

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 | 102.99 | 0.0045% | — | 9.54% | 12.34 | 0.0003% | — | 0.26% | +90.65 | #1977 |
| FY 2019-20 | 100.27 | 0.0046% | −2.64% | 9.67% | 10.27 | 0.0003% | −16.77% | 0.26% | +90.00 | #2025 |
| FY 2020-21 | 82.51 | 0.0038% | −17.71% | 8.28% | 9.39 | 0.0003% | −8.57% | 0.23% | +73.12 | #2288 |
| FY 2021-22 | 148.98 | 0.0047% | +80.56% | 10.44% | 10.16 | 0.0002% | +8.20% | 0.17% | +138.82 | #1953 |
| FY 2022-23 | 229.54 | 0.0063% | +54.07% | 13.11% | 15.55 | 0.0003% | +53.05% | 0.21% | +213.99 | #1591 |
| FY 2023-24 | 251.11 | 0.0069% | +9.40% | 14.79% | 16.45 | 0.0003% | +5.79% | 0.24% | +234.66 | #1547 |
| FY 2024-25 | 195.35 | 0.0053% | −22.21% | 10.81% | 13.97 | 0.0002% | −15.08% | 0.18% | +181.38 | #1873 |

- CAGR (7-year): exports 11.26%/yr, imports 2.09%/yr (consistently Surplus)

## Key trade insights: HSN Code 39094030 export-import analysis

### Consistent export growth: 11.26% CAGR over 7 years

India's exports under HSN Code 39094030 have grown at a compound annual rate of 11.26% over 7 fiscal years, rising from ₹102.99 Crore in FY 2018-19 to ₹195.35 Crore in FY 2024-25.

### HSN Code 39094030 ranked #1873 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 39094030 ranks #1873 out of 12657 HSN codes by total export value. Within Sub-Chapter 3909, it ranks #3 of 17. By trade surplus, it ranks #1209 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 39094030 exports

The strongest single-year export movement for HSN Code 39094030 was recorded in FY 2021-22, when exports surged by 80.56% over the prior year.

### India maintains a trade surplus of ₹181.38 Crore in HSN Code 39094030 goods

In FY 2024-25, India's exports of ₹195.35 Cr exceeded imports of ₹13.97 Cr, resulting in a trade surplus of ₹181.38 Crore — ranking #1209 of 12657 by surplus magnitude.

### Import growth of 2.09% CAGR signals stable import dependency for Phenolic resins

India's imports under HSN Code 39094030 have grown at 2.09% CAGR, reaching ₹13.97 Crore in FY 2024-25.

### HSN Code 39094030 contributes 10.81% of Sub-Chapter 3909 exports — ranked #3

Among the 17 HSN codes under Sub-Chapter 3909, HSN Code 39094030 ranks #3 by export value — accounting for 10.81% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.18% share (rank #10).

## 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 (this hsn code) | ₹195 Cr |
| #4 | [HSN Code 39094020: Phenolic resins : Phenol formaldehyde resins](https://busy.in/hsn/hsn-39094020/) | ₹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 |