HSN Code 39122029: Cellulose nitrates: Plasticised

HSN Code 39122029 represents Cellulose nitrates: Plasticised under GST classification. This code helps businesses identify Cellulose nitrates: Plasticised correctly for billing, taxation, and trade. With HSN Code 39122029, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cellulose nitrates: Plasticised.

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Description of Goods for HSN Code 39122029

HSN Code 39122029 relates to the following description.

Description of Goods

Cellulose nitrates (including collodions): Plasticised : Other

Chapter

39 - Plastics and articles thereof

Sub Chapter

3912 - Cellulose and its chemical derivatives ,not elsewhere specified or included ,in primary forms

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 39122029 not include?

Cellulose nitrates: Plasticised does not include products with the following descriptions.

HSN Code 39121130

Cellulose acetates : Non-plasticised: Cellulose acetobutyrate moulding powder

HSN Code 39122011

Cellulose nitrates (including collodions): Non-plasticised : Moulding powders

India’s Trade Performance — HSN Code 39122029 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

₹107 Cr

−0.12% vs FY 2023-24

0.0029% of India’s total exports

India’s Imports

FY 2024-25

₹3 Cr

−85.34% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹104 Cr

Trade Surplus

Surplus rank #1584 of 12657 HSN codes

% of Sub-Chapter 3912

FY 2024-25

7.05%

Share of Sub-Chapter 3912’s total exports in FY 2024-25

Import side: 0.05% of Sub-Chapter 3912’s imports

Rank Within Sub-Chapter 3912

FY 2024-25

#3 of 23

Position by export value among HSN codes in Sub-Chapter 3912

Import-side rank: #14 of 23

At a glance

8.60%

Export CAGR

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

#2579

National Export Rank

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

+38.49%

Peak Growth Year

FY 2022-23 · strongest single-year move

7.05%

Contribution to Sub-Ch. 3912

Share of Sub-Chapter 3912 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 39122029

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 #2523

Balance

+49.69

Exports

65.06 ₹ Cr

0.0028% share

— YoY

11.54% of Sub-Ch. 3912

Imports

15.37 ₹ Cr

0.0004% share

— YoY

0.54% of Sub-Ch. 3912

FY 2019-20 Exp. Rank #2660

Balance

+47.72

Exports

58.87 ₹ Cr

0.0027% share

−9.51% YoY

10.37% of Sub-Ch. 3912

Imports

11.15 ₹ Cr

0.0003% share

−27.46% YoY

0.39% of Sub-Ch. 3912

FY 2020-21 Exp. Rank #2482

Balance

+57.97

Exports

69.50 ₹ Cr

0.0032% share

+18.06% YoY

9.65% of Sub-Ch. 3912

Imports

11.53 ₹ Cr

0.0004% share

+3.41% YoY

0.35% of Sub-Ch. 3912

FY 2021-22 Exp. Rank #2936

Balance

+59.23

Exports

67.19 ₹ Cr

0.0021% share

−3.32% YoY

7.48% of Sub-Ch. 3912

Imports

7.96 ₹ Cr

0.0002% share

−30.96% YoY

0.20% of Sub-Ch. 3912

FY 2022-23 Exp. Rank #2625

Balance

+83.45

Exports

93.05 ₹ Cr

0.0026% share

+38.49% YoY

7.98% of Sub-Ch. 3912

Imports

9.60 ₹ Cr

0.0002% share

+20.60% YoY

0.19% of Sub-Ch. 3912

FY 2023-24 Exp. Rank #2491

Balance

+88.88

Exports

106.89 ₹ Cr

0.0030% share

+14.87% YoY

8.43% of Sub-Ch. 3912

Imports

18.01 ₹ Cr

0.0003% share

+87.60% YoY

0.38% of Sub-Ch. 3912

FY 2024-25 Exp. Rank #2579

Balance

+104.12

Exports

106.76 ₹ Cr

0.0029% share

−0.12% YoY

7.05% of Sub-Ch. 3912

Imports

2.64 ₹ Cr

0.0000% share

−85.34% YoY

0.05% of Sub-Ch. 3912

CAGR · 7-Year

Exports

8.60% /yr

Imports

−25.44% /yr

Consistently Surplus
Sub-Chapter 3912 total

reference, FY 2024-25

Export

₹1,513.33 Cr

Import

₹5,488.05 Cr

Trade Balance

−3,974.72

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 39122029 Export-Import Analysis

Consistent Export Growth: 8.60% CAGR Over 7 Years

India's exports under HSN Code 39122029 have grown at a compound annual rate of 8.60% over 7 fiscal years, rising from ₹65.06 Crore in FY 2018-19 to ₹106.76 Crore in FY 2024-25.

HSN Code 39122029 Ranked #2579 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 39122029 ranks #2579 out of 12657 HSN codes by total export value. Within Sub-Chapter 3912, it ranks #3 of 23. By trade surplus, it ranks #1584 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 39122029 Exports

The strongest single-year export movement for HSN Code 39122029 was recorded in FY 2022-23, when exports surged by 38.49% over the prior year.

India Maintains a Trade Surplus of ₹104.12 Crore in HSN Code 39122029 Goods

In FY 2024-25, India's exports of ₹106.76 Cr exceeded imports of ₹2.64 Cr, resulting in a trade surplus of ₹104.12 Crore — ranking #1584 of 12657 by surplus magnitude.

Import Growth of −25.44% CAGR Signals Stable Import Dependency for Cellulose nitrates: Plasticised

India's imports under HSN Code 39122029 have grown at −25.44% CAGR, reaching ₹2.64 Crore in FY 2024-25.

HSN Code 39122029 Contributes 7.05% of Sub-Chapter 3912 Exports — Ranked #3

Among the 23 HSN codes under Sub-Chapter 3912, HSN Code 39122029 ranks #3 by export value — accounting for 7.05% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.05% share (rank #14).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 39122029 and GST compliance.

What products are classified under HSN 39122029 ?

It includes Cellulose nitrates: Plasticised

Does packaging or labelling change the GST for Cellulose nitrates: Plasticised?

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.

Any common misclassification issue with Cellulose nitrates: Plasticised?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

How should mixed supplies be billed when Cellulose nitrates: Plasticised is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Cellulose nitrates: Plasticised; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Cellulose nitrates: Plasticised?

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 Cellulose nitrates: Plasticised?

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 much GST applies to Cellulose nitrates: Plasticised?

Under HSN 39122029, Cellulose nitrates: Plasticised attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.