HSN Code 39094060: Phenolic resins : Terpene phenolic resins

HSN Code 39094060 represents Phenolic resins : Terpene phenolic resins under GST classification. This code helps businesses identify Phenolic resins : Terpene phenolic resins correctly for billing, taxation, and trade. With HSN Code 39094060, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Phenolic resins : Terpene phenolic resins.

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Description of Goods for HSN Code 39094060

HSN Code 39094060 relates to the following description.

Description of Goods

Phenolic resins : Terpene phenolic 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 39094060 not include?

Phenolic resins : Terpene phenolic 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 39094060 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

₹5 Cr

+14.01% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹9 Cr

+53.48% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹4 Cr

Trade Deficit

Surplus rank #8559 of 12657 HSN codes

% of Sub-Chapter 3909

FY 2024-25

0.27%

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

#13 of 17

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

Import-side rank: #12 of 17

At a glance

62.57%

Export CAGR

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

#6658

National Export Rank

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

+414.16%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.27%

Contribution to Sub-Ch. 3909

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #8641

Balance

−3.14

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.02% of Sub-Ch. 3909

Imports

3.40 ₹ Cr

0.0001% share

— YoY

0.07% of Sub-Ch. 3909

FY 2019-20 Exp. Rank #8433

Balance

−3.98

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+42.31% YoY

0.04% of Sub-Ch. 3909

Imports

4.35 ₹ Cr

0.0001% share

+27.94% YoY

0.11% of Sub-Ch. 3909

FY 2020-21 Exp. Rank #8427

Balance

−2.97

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+2.70% YoY

0.04% of Sub-Ch. 3909

Imports

3.35 ₹ Cr

0.0001% share

−22.99% YoY

0.08% of Sub-Ch. 3909

FY 2021-22 Exp. Rank #7870

Balance

−8.42

Exports

1.13 ₹ Cr

0.0000% share

+197.37% YoY

0.08% of Sub-Ch. 3909

Imports

9.55 ₹ Cr

0.0002% share

+185.07% YoY

0.16% of Sub-Ch. 3909

FY 2022-23 Exp. Rank #6288

Balance

−3.74

Exports

5.81 ₹ Cr

0.0002% share

+414.16% YoY

0.33% of Sub-Ch. 3909

Imports

9.55 ₹ Cr

0.0002% share

0.00% YoY

0.13% of Sub-Ch. 3909

FY 2023-24 Exp. Rank #6784

Balance

−1.83

Exports

4.21 ₹ Cr

0.0001% share

−27.54% YoY

0.25% of Sub-Ch. 3909

Imports

6.04 ₹ Cr

0.0001% share

−36.75% YoY

0.09% of Sub-Ch. 3909

FY 2024-25 Exp. Rank #6658

Balance

−4.47

Exports

4.80 ₹ Cr

0.0001% share

+14.01% YoY

0.27% of Sub-Ch. 3909

Imports

9.27 ₹ Cr

0.0002% share

+53.48% YoY

0.12% of Sub-Ch. 3909

CAGR · 7-Year

Exports

62.57% /yr

Imports

18.20% /yr

Consistently Deficit
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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 39094060 and GST compliance.

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.

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.