HSN Code 39123922: Methyl cellulose

HSN Code 39123922 represents Methyl cellulose under GST classification. This code helps businesses identify Methyl cellulose correctly for billing, taxation, and trade. With HSN Code 39123922, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Methyl cellulose.

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Description of Goods for HSN Code 39123922

HSN Code 39123922 relates to the following description.

Description of Goods

Cellulose ethers: Other : Plascised : Methyl cellulose

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 39123922 not include?

Methyl cellulose 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 39123922 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

₹4 Cr

−7.29% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹179 Cr

+22.41% vs FY 2023-24

0.0029% of India’s total imports

Trade Balance

FY 2024-25

−₹175 Cr

Trade Deficit

Surplus rank #11216 of 12657 HSN codes

% of Sub-Chapter 3912

FY 2024-25

0.27%

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

Import side: 3.26% of Sub-Chapter 3912’s imports

Rank Within Sub-Chapter 3912

FY 2024-25

#10 of 23

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

Import-side rank: #5 of 23

At a glance

−2.58%

Export CAGR

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

#6866

National Export Rank

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

+102.30%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.27%

Contribution to Sub-Ch. 3912

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

India Export-Import Trade Statistics for HSN Code 39123922

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 #5926

Balance

−107.34

Exports

4.76 ₹ Cr

0.0002% share

— YoY

0.84% of Sub-Ch. 3912

Imports

112.10 ₹ Cr

0.0031% share

— YoY

3.91% of Sub-Ch. 3912

FY 2019-20 Exp. Rank #6208

Balance

−97.09

Exports

3.68 ₹ Cr

0.0002% share

−22.69% YoY

0.65% of Sub-Ch. 3912

Imports

100.77 ₹ Cr

0.0030% share

−10.11% YoY

3.56% of Sub-Ch. 3912

FY 2020-21 Exp. Rank #5519

Balance

−103.83

Exports

6.98 ₹ Cr

0.0003% share

+89.67% YoY

0.97% of Sub-Ch. 3912

Imports

110.81 ₹ Cr

0.0038% share

+9.96% YoY

3.39% of Sub-Ch. 3912

FY 2021-22 Exp. Rank #6897

Balance

−170.56

Exports

3.03 ₹ Cr

0.0001% share

−56.59% YoY

0.34% of Sub-Ch. 3912

Imports

173.59 ₹ Cr

0.0038% share

+56.66% YoY

4.45% of Sub-Ch. 3912

FY 2022-23 Exp. Rank #7354

Balance

−168.39

Exports

2.17 ₹ Cr

0.0001% share

−28.38% YoY

0.19% of Sub-Ch. 3912

Imports

170.56 ₹ Cr

0.0030% share

−1.75% YoY

3.37% of Sub-Ch. 3912

FY 2023-24 Exp. Rank #6732

Balance

−141.67

Exports

4.39 ₹ Cr

0.0001% share

+102.30% YoY

0.35% of Sub-Ch. 3912

Imports

146.06 ₹ Cr

0.0026% share

−14.36% YoY

3.06% of Sub-Ch. 3912

FY 2024-25 Exp. Rank #6866

Balance

−174.72

Exports

4.07 ₹ Cr

0.0001% share

−7.29% YoY

0.27% of Sub-Ch. 3912

Imports

178.79 ₹ Cr

0.0029% share

+22.41% YoY

3.26% of Sub-Ch. 3912

CAGR · 7-Year

Exports

−2.58% /yr

Imports

8.09% /yr

Consistently Deficit
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 39123922 Export-Import Analysis

Export Decline: −2.58% CAGR Over 7 Years

India's exports under HSN Code 39123922 have declined at a compound annual rate of −2.58% over 7 fiscal years, falling from ₹4.76 Crore in FY 2018-19 to ₹4.07 Crore in FY 2024-25.

HSN Code 39123922 Ranked #6866 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 39123922 ranks #6866 out of 12657 HSN codes by total export value. Within Sub-Chapter 3912, it ranks #10 of 23. By trade surplus, it ranks #11216 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 39123922 Exports

The strongest single-year export movement for HSN Code 39123922 was recorded in FY 2023-24, when exports surged by 102.30% over the prior year.

India Records a Trade Deficit of ₹174.72 Crore in HSN Code 39123922 Goods

In FY 2024-25, India's imports of ₹178.79 Cr exceeded exports of ₹4.07 Cr, resulting in a trade deficit of ₹174.72 Crore — ranking #11216 of 12657 by surplus magnitude.

Import Growth of 8.09% CAGR Signals Stable Import Dependency for Methyl cellulose

India's imports under HSN Code 39123922 have grown at 8.09% CAGR, reaching ₹178.79 Crore in FY 2024-25.

HSN Code 39123922 Contributes 0.27% of Sub-Chapter 3912 Exports — Ranked #10

Among the 23 HSN codes under Sub-Chapter 3912, HSN Code 39123922 ranks #10 by export value — accounting for 0.27% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.26% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 39123922 and GST compliance.

What products are classified under HSN 39123922 ?

It includes Methyl cellulose

Does packaging or labelling change the GST for Methyl cellulose?

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.

Do e‑way bill and e‑invoice apply for Methyl cellulose?

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.

Can we claim ITC on inputs used to trade Methyl cellulose?

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 Methyl cellulose is sold with other items?

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

Any common misclassification issue with Methyl cellulose?

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

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.