--- title: "HSN Code for Of Polymers Of Styrene |Flexible, Plain | HSN 39203020 GST Rate" description: "Find HSN and GST Rates for 39203020 related to Of Polymers Of Styrene |Flexible, Plain with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-39203020/" --- # HSN Code 39203020: Of Polymers Of Styrene |Flexible, Plain - [Section 07: Guide to HSN Section 07](https://busy.in/hsn/section-07/) - [Chapter 39: Plastics and Articles Thereof](https://busy.in/hsn/chapter-39/) - [Sub-chapter 3920: Plastic Plates & Sheets](https://busy.in/hsn/sub-chapter-3920/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Of polymers of styrene :Flexible, plain | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 39203020 ? It includes Of Polymers Of Styrene |Flexible, Plain ### Does packaging or labelling change the GST for Of Polymers Of Styrene /Flexible, Plain? 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 Of Polymers Of Styrene /Flexible, Plain? 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 Of Polymers Of Styrene /Flexible, Plain is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of Polymers Of Styrene /Flexible, Plain; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Of Polymers Of Styrene /Flexible, Plain? 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 Of Polymers Of Styrene /Flexible, Plain? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Of Polymers Of Styrene /Flexible, Plain? Under HSN 39203020, Of Polymers Of Styrene /Flexible, Plain attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 39203020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹12 Cr (+336.36% YoY) — 0.0003% of India's total exports - Imports: ₹2 Cr (−37.47% YoY) — 0.0000% of India's total imports - Trade balance: ₹10 Cr (Surplus); surplus rank #3333 of 12657 HSN codes - Share of Sub-Chapter 3920: 0.10% of its exports; import side 0.02% - Rank within Sub-Chapter 3920: #31 of 110 by export value; import-side #58 ### Key metrics - Export CAGR: 17.98% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5569 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +336.36% in FY 2024-25 - Contribution to Sub-Ch. 3920: 0.10% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 39203020 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 3920 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3920 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 4.45 | 0.0002% | — | 0.06% | < ₹1 Crore | 0.0000% | — | 0.01% | +3.84 | #6005 | | FY 2019-20 | 2.99 | 0.0001% | −32.81% | 0.04% | 1.15 | 0.0000% | +88.52% | 0.01% | +1.84 | #6469 | | FY 2020-21 | 9.77 | 0.0005% | +226.76% | 0.12% | 4.15 | 0.0001% | +260.87% | 0.05% | +5.62 | #5117 | | FY 2021-22 | 6.60 | 0.0002% | −32.45% | 0.06% | 2.93 | 0.0001% | −29.40% | 0.02% | +3.67 | #6016 | | FY 2022-23 | 6.83 | 0.0002% | +3.48% | 0.07% | 7.20 | 0.0001% | +145.73% | 0.05% | −0.37 | #6110 | | FY 2023-24 | 2.75 | 0.0001% | −59.74% | 0.03% | 3.79 | 0.0001% | −47.36% | 0.03% | −1.04 | #7243 | | FY 2024-25 | 12.00 | 0.0003% | +336.36% | 0.10% | 2.37 | 0.0000% | −37.47% | 0.02% | +9.63 | #5569 | - CAGR (7-year): exports 17.98%/yr, imports 25.38%/yr (consistently Surplus) ## Key trade insights: HSN Code 39203020 export-import analysis ### Consistent export growth: 17.98% CAGR over 7 years India's exports under HSN Code 39203020 have grown at a compound annual rate of 17.98% over 7 fiscal years, rising from ₹4.45 Crore in FY 2018-19 to ₹12.00 Crore in FY 2024-25. ### HSN Code 39203020 ranked #5569 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 39203020 ranks #5569 out of 12657 HSN codes by total export value. Within Sub-Chapter 3920, it ranks #31 of 110. By trade surplus, it ranks #3333 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 39203020 exports The strongest single-year export movement for HSN Code 39203020 was recorded in FY 2024-25, when exports surged by 336.36% over the prior year. ### India maintains a trade surplus of ₹9.63 Crore in HSN Code 39203020 goods In FY 2024-25, India's exports of ₹12.00 Cr exceeded imports of ₹2.37 Cr, resulting in a trade surplus of ₹9.63 Crore — ranking #3333 of 12657 by surplus magnitude. ### Import growth of 25.38% CAGR signals rising demand for Of Polymers Of Styrene |Flexible, Plain India's imports under HSN Code 39203020 have grown at 25.38% CAGR, reaching ₹2.37 Crore in FY 2024-25. ### HSN Code 39203020 contributes 0.10% of Sub-Chapter 3920 exports — ranked #31 Among the 110 HSN codes under Sub-Chapter 3920, HSN Code 39203020 ranks #31 by export value — accounting for 0.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.02% share (rank #58). ## Related HSN Codes in Sub-Chapter 3920 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 39206220: Flexible Plain Poly(ethylene terephthalate)](https://busy.in/hsn/hsn-39206220/) | ₹2,233 Cr | | #2 | [HSN Code 39202020: Polymers Of Propylene\| Flexible, Plain](https://busy.in/hsn/hsn-39202020/) | ₹2,021 Cr | | #3 | [HSN Code 39202090: Of Polymers Of Propylene \| Other](https://busy.in/hsn/hsn-39202090/) | ₹1,386 Cr | | #4 | [HSN Code 39206919: Cellulose Nitrate/Celluloid Sheets](https://busy.in/hsn/hsn-39206919/) | ₹837 Cr | | #5 | [HSN Code 39206290: Other Poly(ethylene terephthalate)](https://busy.in/hsn/hsn-39206290/) | ₹814 Cr | | #6 | [HSN Code 39206929: Other Polyester Sun/Dust Control Film](https://busy.in/hsn/hsn-39206929/) | ₹714 Cr | | #7 | [HSN Code 39204900: Of Polymers Of Vinyl Chloride](https://busy.in/hsn/hsn-39204900/) | ₹703 Cr | | #8 | [HSN Code 39201019: Polyethylene sheets, other](https://busy.in/hsn/hsn-39201019/) | ₹629 Cr | | #9 | [HSN Code 39201012: Flexible polyethylene sheets](https://busy.in/hsn/hsn-39201012/) | ₹535 Cr | | #10 | [HSN Code 39201099: Of Polymers Of Ehtylene \|Other \| Other](https://busy.in/hsn/hsn-39201099/) | ₹273 Cr | | #31 | HSN Code 39203020: Of Polymers Of Styrene \|Flexible, Plain (this hsn code) | ₹12 Cr |