--- title: "HSN Code for Phenolic Resins | Phenoxi Resins | HSN 39094050 GST Rate" description: "Find HSN and GST Rates for 39094050 related to Phenolic Resins | Phenoxi Resins with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-39094050/" --- # HSN Code 39094050: Phenolic Resins | Phenoxi 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 : Phenoxi resins | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 39094050 ? It includes Phenolic Resins | Phenoxi Resins ### How much GST applies to Phenolic Resins / Phenoxi Resins? Under HSN 39094050, Phenolic Resins / Phenoxi Resins attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Phenolic Resins / Phenoxi 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. ### Can we claim ITC on inputs used to trade Phenolic Resins / Phenoxi Resins? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Phenolic Resins / Phenoxi 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 / Phenoxi Resins? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 39094050 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−55.10% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore (+33.33% YoY) — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #5116 of 12657 HSN codes - Share of Sub-Chapter 3909: 0.01% of its exports; import side 0.00% - Rank within Sub-Chapter 3909: #15 of 17 by export value; import-side #15 ### Key metrics - Export CAGR: -12.19% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9366 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +4,800.00% in FY 2023-24 - Contribution to Sub-Ch. 3909: 0.01% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 39094050 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 | < ₹1 Crore | 0.0000% | — | 0.04% | 1.11 | 0.0000% | — | 0.02% | −0.63 | #8208 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −50.00% | 0.02% | < ₹1 Crore | 0.0000% | −71.17% | 0.01% | −0.08 | #8720 | | FY 2020-21 | < ₹1 Crore | 0.0000% | +95.83% | 0.05% | < ₹1 Crore | 0.0000% | +200.00% | 0.02% | −0.49 | #8277 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −6.38% | 0.03% | < ₹1 Crore | 0.0000% | −86.46% | 0.00% | +0.31 | #8658 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −97.73% | 0.00% | < ₹1 Crore | 0.0000% | −30.77% | 0.00% | −0.08 | #10292 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +4,800.00% | 0.03% | < ₹1 Crore | 0.0000% | −66.67% | 0.00% | +0.46 | #8809 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −55.10% | 0.01% | < ₹1 Crore | 0.0000% | +33.33% | 0.00% | +0.18 | #9366 | - CAGR (7-year): exports -12.19%/yr, imports -42.53%/yr (consistently Surplus) ## Key trade insights: HSN Code 39094050 export-import analysis ### Export decline: -12.19% CAGR over 7 years India's exports under HSN Code 39094050 have declined at a compound annual rate of -12.19% over 7 fiscal years, falling from ₹0.48 Crore in FY 2018-19 to ₹0.22 Crore in FY 2024-25. ### HSN Code 39094050 ranked #9366 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 39094050 ranks #9366 out of 12657 HSN codes by total export value. Within Sub-Chapter 3909, it ranks #15 of 17. By trade surplus, it ranks #5116 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 39094050 exports The strongest single-year export movement for HSN Code 39094050 was recorded in FY 2023-24, when exports surged by 4,800.00% over the prior year. ### India maintains a trade surplus of ₹0.18 Crore in HSN Code 39094050 goods In FY 2024-25, India's exports of ₹0.22 Cr exceeded imports of ₹0.04 Cr, resulting in a trade surplus of ₹0.18 Crore — ranking #5116 of 12657 by surplus magnitude. ### Import growth of -42.53% CAGR signals stable import dependency for Phenolic Resins | Phenoxi Resins India's imports under HSN Code 39094050 have grown at -42.53% CAGR, reaching ₹0.04 Crore in FY 2024-25. ### HSN Code 39094050 contributes 0.01% of Sub-Chapter 3909 exports — ranked #15 Among the 17 HSN codes under Sub-Chapter 3909, HSN Code 39094050 ranks #15 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #15). ## 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](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 | | #15 | HSN Code 39094050: Phenolic Resins \| Phenoxi Resins (this hsn code) | < ₹1 Crore |