--- title: "HSN Code for Other Petroleum & Synthetic Resins | HSN 39119090 GST Rate" description: "Find HSN and GST Rates for 39119090 related to Other Petroleum & Synthetic Resins with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-39119090/" --- # HSN Code 39119090: Other Petroleum & Synthetic 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 3911: Petroleum resins](https://busy.in/hsn/sub-chapter-3911/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 39119090 ? It includes Other Petroleum & Synthetic Resins ### Do e‑way bill and e‑invoice apply for Other Petroleum & Synthetic 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. ### How should mixed supplies be billed when Other Petroleum & Synthetic Resins is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Petroleum & Synthetic Resins; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Other Petroleum & Synthetic 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. ### How much GST applies to Other Petroleum & Synthetic Resins? Under HSN 39119090, Other Petroleum & Synthetic Resins attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Other Petroleum & Synthetic Resins? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 39119090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹665 Cr (−16.68% YoY) — 0.0181% of India's total exports - Imports: ₹1,153 Cr (−2.07% YoY) — 0.0190% of India's total imports - Trade balance: −₹488 Cr (Deficit); surplus rank #11877 of 12657 HSN codes - Share of Sub-Chapter 3911: 93.38% of its exports; import side 48.18% - Rank within Sub-Chapter 3911: #1 of 5 by export value; import-side #1 ### Key metrics - Export CAGR: 12.24% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #772 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +32.56% in FY 2021-22 - Contribution to Sub-Ch. 3911: 93.38% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 39119090 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. 3911 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3911 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 332.41 | 0.0145% | — | 83.98% | 438.50 | 0.0122% | — | 47.63% | −106.09 | #925 | | FY 2019-20 | 347.84 | 0.0158% | +4.64% | 88.32% | 509.29 | 0.0152% | +16.14% | 51.05% | −161.45 | #883 | | FY 2020-21 | 439.84 | 0.0204% | +26.45% | 92.51% | 526.06 | 0.0181% | +3.29% | 47.30% | −86.22 | #765 | | FY 2021-22 | 583.07 | 0.0186% | +32.56% | 92.46% | 900.21 | 0.0197% | +71.12% | 53.58% | −317.14 | #749 | | FY 2022-23 | 622.55 | 0.0172% | +6.77% | 93.14% | 1,219.47 | 0.0212% | +35.47% | 55.84% | −596.92 | #774 | | FY 2023-24 | 797.65 | 0.0220% | +28.13% | 94.65% | 1,177.13 | 0.0210% | −3.47% | 55.22% | −379.48 | #621 | | FY 2024-25 | 664.57 | 0.0181% | −16.68% | 93.38% | 1,152.78 | 0.0190% | −2.07% | 48.18% | −488.21 | #772 | - CAGR (7-year): exports 12.24%/yr, imports 17.48%/yr (consistently Deficit) ## Key trade insights: HSN Code 39119090 export-import analysis ### Consistent export growth: 12.24% CAGR over 7 years India's exports under HSN Code 39119090 have grown at a compound annual rate of 12.24% over 7 fiscal years, rising from ₹332.41 Crore in FY 2018-19 to ₹664.57 Crore in FY 2024-25. ### HSN Code 39119090 ranked #772 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 39119090 ranks #772 out of 12657 HSN codes by total export value. Within Sub-Chapter 3911, it ranks #1 of 5. By trade surplus, it ranks #11877 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 39119090 exports The strongest single-year export movement for HSN Code 39119090 was recorded in FY 2021-22, when exports surged by 32.56% over the prior year. ### India records a trade deficit of ₹488.21 Crore in HSN Code 39119090 goods In FY 2024-25, India's imports of ₹1,152.78 Cr exceeded exports of ₹664.57 Cr, resulting in a trade deficit of ₹488.21 Crore — ranking #11877 of 12657 by surplus magnitude. ### Import growth of 17.48% CAGR signals rising demand for Other Petroleum & Synthetic Resins India's imports under HSN Code 39119090 have grown at 17.48% CAGR, reaching ₹1,152.78 Crore in FY 2024-25. ### HSN Code 39119090 contributes 93.38% of Sub-Chapter 3911 exports — ranked #1 Among the 5 HSN codes under Sub-Chapter 3911, HSN Code 39119090 ranks #1 by export value — accounting for 93.38% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 48.18% share (rank #1). ## Related HSN Codes in Sub-Chapter 3911 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 39119090: Other Petroleum & Synthetic Resins (this hsn code) | ₹665 Cr | | #2 | [HSN Code 39111090: Other Petroleum/Coumarone-Indene/Polyterpene Resins](https://busy.in/hsn/hsn-39111090/) | ₹36 Cr | | #3 | [HSN Code 39119010: Other : Polysulphones](https://busy.in/hsn/hsn-39119010/) | ₹9 Cr | | #4 | [HSN Code 39111010: Polyvinyl Chloride Primary Forms](https://busy.in/hsn/hsn-39111010/) | ₹3 Cr | | — | [HSN Code 39112000: Poly (1,3-phenylene methylphos-phonate)](https://busy.in/hsn/hsn-39112000/) | Nil |