--- title: "HSN Code for Phenolic resins : Terpene phenolic resins | HSN 39094060 GST Rate" description: "Find HSN and GST Rates for 39094060 related to Phenolic resins : Terpene phenolic resins with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-39094060/" --- # HSN Code 39094060: Phenolic resins : Terpene 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 : Terpene phenolic resins | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 39094060 ? It includes Phenolic resins : Terpene phenolic resins ### How much GST applies to Phenolic resins : Terpene phenolic resins? Under HSN 39094060, Phenolic resins : Terpene phenolic 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 : Terpene 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 should mixed supplies be billed when Phenolic resins : Terpene 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 : Terpene phenolic resins; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Phenolic resins : Terpene 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. ### Does packaging or labelling change the GST for Phenolic resins : Terpene phenolic 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. ## India's trade performance: HSN Code 39094060 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹5 Cr (+14.01% YoY) — 0.0001% of India's total exports - Imports: ₹9 Cr (+53.48% YoY) — 0.0002% of India's total imports - Trade balance: −₹4 Cr (Deficit); surplus rank #8559 of 12657 HSN codes - Share of Sub-Chapter 3909: 0.27% of its exports; import side 0.12% - Rank within Sub-Chapter 3909: #13 of 17 by export value; import-side #12 ### Key metrics - Export CAGR: 62.57% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #6658 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +414.16% in FY 2022-23 - Contribution to Sub-Ch. 3909: 0.27% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 39094060 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% | — | 0.02% | 3.40 | 0.0001% | — | 0.07% | −3.14 | #8641 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +42.31% | 0.04% | 4.35 | 0.0001% | +27.94% | 0.11% | −3.98 | #8433 | | FY 2020-21 | < ₹1 Crore | 0.0000% | +2.70% | 0.04% | 3.35 | 0.0001% | −22.99% | 0.08% | −2.97 | #8427 | | FY 2021-22 | 1.13 | 0.0000% | +197.37% | 0.08% | 9.55 | 0.0002% | +185.07% | 0.16% | −8.42 | #7870 | | FY 2022-23 | 5.81 | 0.0002% | +414.16% | 0.33% | 9.55 | 0.0002% | 0.00% | 0.13% | −3.74 | #6288 | | FY 2023-24 | 4.21 | 0.0001% | −27.54% | 0.25% | 6.04 | 0.0001% | −36.75% | 0.09% | −1.83 | #6784 | | FY 2024-25 | 4.80 | 0.0001% | +14.01% | 0.27% | 9.27 | 0.0002% | +53.48% | 0.12% | −4.47 | #6658 | - CAGR (7-year): exports 62.57%/yr, imports 18.20%/yr (consistently Deficit) ## Key trade insights: HSN Code 39094060 export-import analysis ### Consistent export growth: 62.57% CAGR over 7 years India's exports under HSN Code 39094060 have grown at a compound annual rate of 62.57% over 7 fiscal years, rising from ₹0.26 Crore in FY 2018-19 to ₹4.80 Crore in FY 2024-25. ### HSN Code 39094060 ranked #6658 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 39094060 ranks #6658 out of 12657 HSN codes by total export value. Within Sub-Chapter 3909, it ranks #13 of 17. By trade surplus, it ranks #8559 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 39094060 exports The strongest single-year export movement for HSN Code 39094060 was recorded in FY 2022-23, when exports surged by 414.16% over the prior year. ### India records a trade deficit of ₹4.47 Crore in HSN Code 39094060 goods In FY 2024-25, India's imports of ₹9.27 Cr exceeded exports of ₹4.80 Cr, resulting in a trade deficit of ₹4.47 Crore — ranking #8559 of 12657 by surplus magnitude. ### Import growth of 18.20% CAGR signals rising demand for Phenolic resins : Terpene phenolic resins India's imports under HSN Code 39094060 have grown at 18.20% CAGR, reaching ₹9.27 Crore in FY 2024-25. ### HSN Code 39094060 contributes 0.27% of Sub-Chapter 3909 exports — ranked #13 Among the 17 HSN codes under Sub-Chapter 3909, HSN Code 39094060 ranks #13 by export value — accounting for 0.27% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.12% share (rank #12). ## 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 | | #13 | HSN Code 39094060: Phenolic resins : Terpene phenolic resins (this hsn code) | ₹5 Cr |