HSN Code 39129020: Viscose Sponge

HSN Code 39129020 represents Viscose Sponge under GST classification. This code helps businesses identify Viscose Sponge correctly for billing, taxation, and trade. With HSN Code 39129020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Viscose Sponge.

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Description of Goods for HSN Code 39129020

HSN Code 39129020 relates to the following description.

Description of Goods

Other : Viscose sponge

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 39129020 not include?

Viscose Sponge 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 39129020 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

< ₹1 Crore

+940.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹5 Cr

+14.00% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹5 Cr

Trade Deficit

Surplus rank #8581 of 12657 HSN codes

% of Sub-Chapter 3912

FY 2024-25

0.03%

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

Import side: 0.09% of Sub-Chapter 3912’s imports

Rank Within Sub-Chapter 3912

FY 2024-25

#14 of 23

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

Import-side rank: #13 of 23

At a glance

60.87%

Export CAGR

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

#8795

National Export Rank

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

+1,166.67%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.03%

Contribution to Sub-Ch. 3912

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

India Export-Import Trade Statistics for HSN Code 39129020

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 #9664

Balance

−1.56

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Sub-Ch. 3912

Imports

1.59 ₹ Cr

0.0000% share

— YoY

0.06% of Sub-Ch. 3912

FY 2019-20 Exp. Rank #8414

Balance

−2.84

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+1,166.67% YoY

0.07% of Sub-Ch. 3912

Imports

3.22 ₹ Cr

0.0001% share

+102.52% YoY

0.11% of Sub-Ch. 3912

FY 2020-21 Exp. Rank #9473

Balance

−3.31

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−84.21% YoY

0.01% of Sub-Ch. 3912

Imports

3.37 ₹ Cr

0.0001% share

+4.66% YoY

0.10% of Sub-Ch. 3912

FY 2021-22 Exp. Rank #9749

Balance

−3.45

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.01% of Sub-Ch. 3912

Imports

3.51 ₹ Cr

0.0001% share

+4.15% YoY

0.09% of Sub-Ch. 3912

FY 2022-23 Exp. Rank #9689

Balance

−3.60

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+50.00% YoY

0.01% of Sub-Ch. 3912

Imports

3.69 ₹ Cr

0.0001% share

+5.13% YoY

0.07% of Sub-Ch. 3912

FY 2023-24 Exp. Rank #10057

Balance

−4.52

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−44.44% YoY

0.00% of Sub-Ch. 3912

Imports

4.57 ₹ Cr

0.0001% share

+23.85% YoY

0.10% of Sub-Ch. 3912

FY 2024-25 Exp. Rank #8795

Balance

−4.69

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+940.00% YoY

0.03% of Sub-Ch. 3912

Imports

5.21 ₹ Cr

0.0001% share

+14.00% YoY

0.09% of Sub-Ch. 3912

CAGR · 7-Year

Exports

60.87% /yr

Imports

21.87% /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 39129020 Export-Import Analysis

Consistent Export Growth: 60.87% CAGR Over 7 Years

India's exports under HSN Code 39129020 have grown at a compound annual rate of 60.87% over 7 fiscal years, rising from ₹0.03 Crore in FY 2018-19 to ₹0.52 Crore in FY 2024-25.

HSN Code 39129020 Ranked #8795 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 39129020 ranks #8795 out of 12657 HSN codes by total export value. Within Sub-Chapter 3912, it ranks #14 of 23. By trade surplus, it ranks #8581 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 39129020 Exports

The strongest single-year export movement for HSN Code 39129020 was recorded in FY 2019-20, when exports surged by 1,166.67% over the prior year.

India Records a Trade Deficit of ₹4.69 Crore in HSN Code 39129020 Goods

In FY 2024-25, India's imports of ₹5.21 Cr exceeded exports of ₹0.52 Cr, resulting in a trade deficit of ₹4.69 Crore — ranking #8581 of 12657 by surplus magnitude.

Import Growth of 21.87% CAGR Signals Rising Demand for Viscose Sponge

India's imports under HSN Code 39129020 have grown at 21.87% CAGR, reaching ₹5.21 Crore in FY 2024-25.

HSN Code 39129020 Contributes 0.03% of Sub-Chapter 3912 Exports — Ranked #14

Among the 23 HSN codes under Sub-Chapter 3912, HSN Code 39129020 ranks #14 by export value — accounting for 0.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.09% share (rank #13).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 39129020 and GST compliance.

What products are classified under HSN 39129020 ?

It includes Viscose Sponge

How much GST applies to Viscose Sponge?

Under HSN 39129020, Viscose Sponge attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Viscose Sponge?

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 Viscose Sponge is sold with other items?

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

Do e‑way bill and e‑invoice apply for Viscose Sponge?

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 Viscose Sponge?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

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.