HSN Code 39094030: Phenolic resins
HSN Code 39094030 represents Phenolic resins under GST classification. This code helps businesses identify Phenolic resins correctly for billing, taxation, and trade. With HSN Code 39094030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Phenolic resins.
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Description of Goods for HSN Code 39094030
HSN Code 39094030 relates to the following description.
What does HSN Code 39094030 not include?
Phenolic resins does not include products with the following descriptions.
Urea resins; thiourea resins : Urea formaldehyde resins
Urea resins; thiourea resins : Other
Melamine resins : Melamine formaldehyde resins
Melamine resins : Other
Amino - resins, phenolic resins and polyurethanes, in primary forms - other amino - resins: poly (phenylene oxide)
Amino - resins, phenolic resins and polyurethanes, in primary forms - other amino - resins:other
Other amino-resins: Poly(methylene phenyl isocyanate) (crude MDI, polymeric MDI)
Other amino-resins: Other: Poly (phenylene oxide)
Other amino-resins: Other: other
Phenolic resins : Cresol formaldehyde oxide
Phenolic resins : Phenol formaldehyde resins
Phenolic resins : Ketonic resins
Phenolic resins : Phenoxi resins
Phenolic resins : Terpene phenolic resins
Phenolic resins :Other
Polyurethanes
Urea resins; thiourea resins : Urea formaldehyde resins
Urea resins; thiourea resins : Other
Melamine resins : Melamine formaldehyde resins
Melamine resins : Other
Amino - resins, phenolic resins and polyurethanes, in primary forms - other amino - resins: poly (phenylene oxide)
Amino - resins, phenolic resins and polyurethanes, in primary forms - other amino - resins:other
Other amino-resins: Poly(methylene phenyl isocyanate) (crude MDI, polymeric MDI)
Other amino-resins: Other: Poly (phenylene oxide)
Other amino-resins: Other: other
Phenolic resins : Cresol formaldehyde oxide
Phenolic resins : Phenol formaldehyde resins
Phenolic resins : Ketonic resins
Phenolic resins : Phenoxi resins
Phenolic resins : Terpene phenolic resins
Phenolic resins :Other
Polyurethanes
India’s Trade Performance — HSN Code 39094030 in FY 2024-25
India’s Exports
FY 2024-25₹195 Cr
0.0053% of India’s total exports
India’s Imports
FY 2024-25₹14 Cr
0.0002% of India’s total imports
Trade Balance
FY 2024-25₹181 Cr
Surplus rank #1209 of 12657 HSN codes
% of Sub-Chapter 3909
FY 2024-2510.81%
Share of Sub-Chapter 3909’s total exports in FY 2024-25
Import side: 0.18% of Sub-Chapter 3909’s imports
Rank Within Sub-Chapter 3909
FY 2024-25#3 of 17
Position by export value among HSN codes in Sub-Chapter 3909
Import-side rank: #10 of 17
At a glance
11.26%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1873
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+80.56%
Peak Growth Year
FY 2021-22 · strongest single-year move
10.81%
Contribution to Sub-Ch. 3909
Share of Sub-Chapter 3909 exports in FY 2024-25
India Export-Import Trade Statistics for 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.
Balance
+90.65
Exports
102.99 ₹ Cr
0.0045% share
— YoY
9.54% of Sub-Ch. 3909
Imports
12.34 ₹ Cr
0.0003% share
— YoY
0.26% of Sub-Ch. 3909
Balance
+90.00
Exports
100.27 ₹ Cr
0.0046% share
−2.64% YoY
9.67% of Sub-Ch. 3909
Imports
10.27 ₹ Cr
0.0003% share
−16.77% YoY
0.26% of Sub-Ch. 3909
Balance
+73.12
Exports
82.51 ₹ Cr
0.0038% share
−17.71% YoY
8.28% of Sub-Ch. 3909
Imports
9.39 ₹ Cr
0.0003% share
−8.57% YoY
0.23% of Sub-Ch. 3909
Balance
+138.82
Exports
148.98 ₹ Cr
0.0047% share
+80.56% YoY
10.44% of Sub-Ch. 3909
Imports
10.16 ₹ Cr
0.0002% share
+8.20% YoY
0.17% of Sub-Ch. 3909
Balance
+213.99
Exports
229.54 ₹ Cr
0.0063% share
+54.07% YoY
13.11% of Sub-Ch. 3909
Imports
15.55 ₹ Cr
0.0003% share
+53.05% YoY
0.21% of Sub-Ch. 3909
Balance
+234.66
Exports
251.11 ₹ Cr
0.0069% share
+9.40% YoY
14.79% of Sub-Ch. 3909
Imports
16.45 ₹ Cr
0.0003% share
+5.79% YoY
0.24% of Sub-Ch. 3909
Balance
+181.38
Exports
195.35 ₹ Cr
0.0053% share
−22.21% YoY
10.81% of Sub-Ch. 3909
Imports
13.97 ₹ Cr
0.0002% share
−15.08% YoY
0.18% of Sub-Ch. 3909
CAGR · 7-Year
Exports
11.26% /yr
Imports
2.09% /yr
reference, FY 2024-25
Export
₹1,806.71 Cr
Import
₹7,796.07 Cr
Trade Balance
−5,989.36
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).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 39094030 and GST compliance.
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.