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HSN Code 39123929: Other Plasticised Cellulose Ethers

HSN Code 39123929 represents Other Plasticised Cellulose Ethers under GST classification. This code helps businesses identify Other Plasticised Cellulose Ethers 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 Other Plasticised Cellulose Ethers.

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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?

Other Plasticised Cellulose Ethers 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

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India’s Trade Performance — HSN Code 39123929 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹29 Cr

+34.06% vs FY 2024-25

0.0008% of India’s total exports

India’s Imports

FY 2025-26

₹1,575 Cr

+7.79% vs FY 2024-25

0.0230% of India’s total imports

Trade Balance

FY 2025-26

−₹1,545 Cr

Trade Deficit

Surplus rank #12459 of 12872 HSN codes

% of Sub-Chapter 3912

FY 2025-26

1.55%

Share of Sub-Chapter 3912’s total exports in FY 2025-26

Import side: 27.74% of Sub-Chapter 3912’s imports

Rank Within Sub-Chapter 3912

FY 2025-26

#7 of 23

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

Import-side rank: #1 of 23

At a glance

16.57%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#4512

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+74.65%

Peak Growth Year

FY 2022-23 · strongest single-year move

1.55%

Contribution to Sub-Ch. 3912

Share of Sub-Chapter 3912 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 39123929

8-year export and import data, FY 2018-19 to FY 2025-26, 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

FY 2025-26 Exp. Rank #4512

Balance

−1,545.49

Exports

29.40 ₹ Cr

0.0008% share

+34.06% YoY

1.55% of Sub-Ch. 3912

Imports

1,574.89 ₹ Cr

0.0230% share

+7.79% YoY

27.74% of Sub-Ch. 3912

CAGR · 8-Year

Exports

16.57% /yr

Imports

14.45% /yr

Consistently Deficit
Sub-Chapter 3912 total

reference, FY 2025-26

Export

₹1,892.02 Cr

Import

₹5,677.89 Cr

Trade Balance

−3,785.87

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: 16.57% CAGR Over 8 Years

India's exports under HSN Code 39123929 have grown at a compound annual rate of 16.57% over 8 fiscal years, rising from ₹10.05 Crore in FY 2018-19 to ₹29.40 Crore in FY 2025-26.

HSN Code 39123929 Ranked #4512 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 39123929 ranks #4512 out of 12872 HSN codes by total export value. Within Sub-Chapter 3912, it ranks #7 of 23. By trade surplus, it ranks #12459 of 12872.

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 ₹1,545.49 Crore in HSN Code 39123929 Goods

In FY 2025-26, India's imports of ₹1,574.89 Cr exceeded exports of ₹29.40 Cr, resulting in a trade deficit of ₹1,545.49 Crore — ranking #12459 of 12872 by surplus magnitude.

Import Growth of 14.45% CAGR Signals Rising Demand for Other Plasticised Cellulose Ethers

India's imports under HSN Code 39123929 have grown at 14.45% CAGR, reaching ₹1,574.89 Crore in FY 2025-26.

HSN Code 39123929 Contributes 1.55% of Sub-Chapter 3912 Exports — Ranked #7

Among the 23 HSN codes under Sub-Chapter 3912, HSN Code 39123929 ranks #7 by export value — accounting for 1.55% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 27.74% share (rank #1).

Frequently Asked Questions

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

What products are classified under HSN 39123929 ?

It includes Other Plasticised Cellulose Ethers

Can we claim ITC on inputs used to trade Other Plasticised Cellulose Ethers?

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 Other Plasticised Cellulose Ethers?

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 Other Plasticised Cellulose Ethers?

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 Other Plasticised Cellulose Ethers is sold with other items?

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

Any common misclassification issue with Other Plasticised Cellulose Ethers?

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

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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.