HSN Code 39094040: Phenolic Resins | Ketonic Resins

HSN Code 39094040 represents Phenolic Resins | Ketonic Resins under GST classification. This code helps businesses identify Phenolic Resins | Ketonic Resins correctly for billing, taxation, and trade. With HSN Code 39094040, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Phenolic Resins | Ketonic Resins.

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Description of Goods for HSN Code 39094040

HSN Code 39094040 relates to the following description.

Description of Goods

Phenolic resins : Ketonic 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 39094040 not include?

Phenolic Resins | Ketonic 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 39094040 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

₹124 Cr

+24.57% vs FY 2023-24

0.0034% of India’s total exports

India’s Imports

FY 2024-25

₹10 Cr

−16.62% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

₹114 Cr

Trade Surplus

Surplus rank #1513 of 12657 HSN codes

% of Sub-Chapter 3909

FY 2024-25

6.85%

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

Import side: 0.12% of Sub-Chapter 3909’s imports

Rank Within Sub-Chapter 3909

FY 2024-25

#6 of 17

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

Import-side rank: #11 of 17

At a glance

2.27%

Export CAGR

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

#2397

National Export Rank

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

+48.90%

Peak Growth Year

FY 2021-22 · strongest single-year move

6.85%

Contribution to Sub-Ch. 3909

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

India Export-Import Trade Statistics for HSN Code 39094040

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 #1919

Balance

+82.46

Exports

108.15 ₹ Cr

0.0047% share

— YoY

10.01% of Sub-Ch. 3909

Imports

25.69 ₹ Cr

0.0007% share

— YoY

0.55% of Sub-Ch. 3909

FY 2019-20 Exp. Rank #2099

Balance

+63.86

Exports

92.40 ₹ Cr

0.0042% share

−14.56% YoY

8.91% of Sub-Ch. 3909

Imports

28.54 ₹ Cr

0.0009% share

+11.09% YoY

0.71% of Sub-Ch. 3909

FY 2020-21 Exp. Rank #2531

Balance

+52.32

Exports

67.26 ₹ Cr

0.0031% share

−27.21% YoY

6.75% of Sub-Ch. 3909

Imports

14.94 ₹ Cr

0.0005% share

−47.65% YoY

0.37% of Sub-Ch. 3909

FY 2021-22 Exp. Rank #2409

Balance

+80.62

Exports

100.15 ₹ Cr

0.0032% share

+48.90% YoY

7.02% of Sub-Ch. 3909

Imports

19.53 ₹ Cr

0.0004% share

+30.72% YoY

0.32% of Sub-Ch. 3909

FY 2022-23 Exp. Rank #2500

Balance

+82.20

Exports

102.14 ₹ Cr

0.0028% share

+1.99% YoY

5.84% of Sub-Ch. 3909

Imports

19.94 ₹ Cr

0.0003% share

+2.10% YoY

0.27% of Sub-Ch. 3909

FY 2023-24 Exp. Rank #2589

Balance

+87.81

Exports

99.36 ₹ Cr

0.0027% share

−2.72% YoY

5.85% of Sub-Ch. 3909

Imports

11.55 ₹ Cr

0.0002% share

−42.08% YoY

0.17% of Sub-Ch. 3909

FY 2024-25 Exp. Rank #2397

Balance

+114.14

Exports

123.77 ₹ Cr

0.0034% share

+24.57% YoY

6.85% of Sub-Ch. 3909

Imports

9.63 ₹ Cr

0.0002% share

−16.62% YoY

0.12% of Sub-Ch. 3909

CAGR · 7-Year

Exports

2.27% /yr

Imports

−15.09% /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 39094040 Export-Import Analysis

Consistent Export Growth: 2.27% CAGR Over 7 Years

India's exports under HSN Code 39094040 have grown at a compound annual rate of 2.27% over 7 fiscal years, rising from ₹108.15 Crore in FY 2018-19 to ₹123.77 Crore in FY 2024-25.

HSN Code 39094040 Ranked #2397 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 39094040 ranks #2397 out of 12657 HSN codes by total export value. Within Sub-Chapter 3909, it ranks #6 of 17. By trade surplus, it ranks #1513 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 39094040 Exports

The strongest single-year export movement for HSN Code 39094040 was recorded in FY 2021-22, when exports surged by 48.90% over the prior year.

India Maintains a Trade Surplus of ₹114.14 Crore in HSN Code 39094040 Goods

In FY 2024-25, India's exports of ₹123.77 Cr exceeded imports of ₹9.63 Cr, resulting in a trade surplus of ₹114.14 Crore — ranking #1513 of 12657 by surplus magnitude.

Import Growth of −15.09% CAGR Signals Stable Import Dependency for Phenolic Resins | Ketonic Resins

India's imports under HSN Code 39094040 have grown at −15.09% CAGR, reaching ₹9.63 Crore in FY 2024-25.

HSN Code 39094040 Contributes 6.85% of Sub-Chapter 3909 Exports — Ranked #6

Among the 17 HSN codes under Sub-Chapter 3909, HSN Code 39094040 ranks #6 by export value — accounting for 6.85% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.12% share (rank #11).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 39094040 and GST compliance.

What products are classified under HSN 39094040 ?

It includes Phenolic Resins | Ketonic Resins

Does packaging or labelling change the GST for Phenolic Resins / Ketonic 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.

Do e‑way bill and e‑invoice apply for Phenolic Resins / Ketonic 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.

Any common misclassification issue with Phenolic Resins / Ketonic 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 Phenolic Resins / Ketonic Resins?

Under HSN 39094040, Phenolic Resins / Ketonic Resins attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Phenolic Resins / Ketonic Resins?

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

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.