HSN Code 39123929: Cellulose ethers: Other

HSN Code 39123929 represents Cellulose ethers: Other under GST classification. This code helps businesses identify Cellulose ethers: Other correctly for billing, taxation, and trade. With HSN Code 39123929, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cellulose ethers: Other.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 39123929

HSN Code 39123929 relates to the following description.

Description of Goods

Cellulose ethers: Other : Plascised : Other cellulose ether

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 39123929 not include?

Cellulose ethers: Other 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 39123929 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

₹22 Cr

+39.95% vs FY 2023-24

0.0006% of India’s total exports

India’s Imports

FY 2024-25

₹1,461 Cr

+20.31% vs FY 2023-24

0.0240% of India’s total imports

Trade Balance

FY 2024-25

−₹1,439 Cr

Trade Deficit

Surplus rank #12333 of 12657 HSN codes

% of Sub-Chapter 3912

FY 2024-25

1.45%

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

Import side: 26.62% of Sub-Chapter 3912’s imports

Rank Within Sub-Chapter 3912

FY 2024-25

#6 of 23

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

Import-side rank: #2 of 23

At a glance

13.89%

Export CAGR

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

#4756

National Export Rank

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

+74.65%

Peak Growth Year

FY 2022-23 · strongest single-year move

1.45%

Contribution to Sub-Ch. 3912

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

India Export-Import Trade Statistics for HSN Code 39123929

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 #4983

Balance

−602.34

Exports

10.05 ₹ Cr

0.0004% share

— YoY

1.78% of Sub-Ch. 3912

Imports

612.39 ₹ Cr

0.0171% share

— YoY

21.33% of Sub-Ch. 3912

FY 2019-20 Exp. Rank #5247

Balance

−622.26

Exports

8.27 ₹ Cr

0.0004% share

−17.71% YoY

1.46% of Sub-Ch. 3912

Imports

630.53 ₹ Cr

0.0188% share

+2.96% YoY

22.26% of Sub-Ch. 3912

FY 2020-21 Exp. Rank #5331

Balance

−750.95

Exports

8.29 ₹ Cr

0.0004% share

+0.24% YoY

1.15% of Sub-Ch. 3912

Imports

759.24 ₹ Cr

0.0261% share

+20.41% YoY

23.20% of Sub-Ch. 3912

FY 2021-22 Exp. Rank #5312

Balance

−1,047.20

Exports

11.40 ₹ Cr

0.0004% share

+37.52% YoY

1.27% of Sub-Ch. 3912

Imports

1,058.60 ₹ Cr

0.0232% share

+39.43% YoY

27.16% of Sub-Ch. 3912

FY 2022-23 Exp. Rank #4675

Balance

−1,402.76

Exports

19.91 ₹ Cr

0.0005% share

+74.65% YoY

1.71% of Sub-Ch. 3912

Imports

1,422.67 ₹ Cr

0.0247% share

+34.39% YoY

28.14% of Sub-Ch. 3912

FY 2023-24 Exp. Rank #5109

Balance

−1,198.73

Exports

15.67 ₹ Cr

0.0004% share

−21.30% YoY

1.24% of Sub-Ch. 3912

Imports

1,214.40 ₹ Cr

0.0216% share

−14.64% YoY

25.41% of Sub-Ch. 3912

FY 2024-25 Exp. Rank #4756

Balance

−1,439.08

Exports

21.93 ₹ Cr

0.0006% share

+39.95% YoY

1.45% of Sub-Ch. 3912

Imports

1,461.01 ₹ Cr

0.0240% share

+20.31% YoY

26.62% of Sub-Ch. 3912

CAGR · 7-Year

Exports

13.89% /yr

Imports

15.59% /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 39123929 Export-Import Analysis

Consistent Export Growth: 13.89% CAGR Over 7 Years

India's exports under HSN Code 39123929 have grown at a compound annual rate of 13.89% over 7 fiscal years, rising from ₹10.05 Crore in FY 2018-19 to ₹21.93 Crore in FY 2024-25.

HSN Code 39123929 Ranked #4756 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 39123929 ranks #4756 out of 12657 HSN codes by total export value. Within Sub-Chapter 3912, it ranks #6 of 23. By trade surplus, it ranks #12333 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 39123929 Exports

The strongest single-year export movement for HSN Code 39123929 was recorded in FY 2022-23, when exports surged by 74.65% over the prior year.

India Records a Trade Deficit of ₹1,439.08 Crore in HSN Code 39123929 Goods

In FY 2024-25, India's imports of ₹1,461.01 Cr exceeded exports of ₹21.93 Cr, resulting in a trade deficit of ₹1,439.08 Crore — ranking #12333 of 12657 by surplus magnitude.

Import Growth of 15.59% CAGR Signals Rising Demand for Cellulose ethers: Other

India's imports under HSN Code 39123929 have grown at 15.59% CAGR, reaching ₹1,461.01 Crore in FY 2024-25.

HSN Code 39123929 Contributes 1.45% of Sub-Chapter 3912 Exports — Ranked #6

Among the 23 HSN codes under Sub-Chapter 3912, HSN Code 39123929 ranks #6 by export value — accounting for 1.45% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 26.62% share (rank #2).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 39123929 and GST compliance.

What products are classified under HSN 39123929 ?

It includes Cellulose ethers: Other

Can we claim ITC on inputs used to trade Cellulose ethers: Other?

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 ethers: Other?

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 Cellulose ethers: Other?

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 should mixed supplies be billed when Cellulose ethers: Other is sold with other items?

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

Any common misclassification issue with Cellulose ethers: Other?

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.