HSN Code 39231020: Plastic Pails, Buckets, and Similar Containers

HSN Code 39231020 represents Plastic Pails, Buckets, and Similar Containers under GST classification. This code helps businesses identify Plastic Pails, Buckets, and Similar Containers correctly for billing, taxation, and trade. With HSN Code 39231020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Plastic Pails, Buckets, and Similar Containers.

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Description of Goods for HSN Code 39231020

HSN Code 39231020 relates to the following description.

Description of Goods

Boxes, cases, crates and similar articles: Watch-box, jewellery box and similar containers of plastics

Chapter

39 - Plastics and articles thereof

Sub Chapter

3923 - Baths, shower-baths, sinks, wash-basins, bidets, lavatory pans, seats and covers, flushing cisterns and similar sanitary ware, of plastics

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 39231020 not include?

Plastic Pails, Buckets, and Similar Containers does not include products with the following descriptions.

HSN Code 39231010

Boxes, cases, crates and similar articles: Plastic containers for audio or video cassettes, cassette tapes, floppy disk and similar articles

HSN Code 39231040

Boxes, cases, crates and similar articles: Packing for accommodating connectors

HSN Code 39232910

Sacks and bags (including cones): Of other plastics: Of poly (vinyl chloride)

India’s Trade Performance — HSN Code 39231020 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

₹7 Cr

+39.23% vs FY 2023-24

0.0002% of India’s total exports

India’s Imports

FY 2024-25

₹20 Cr

−15.24% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

−₹13 Cr

Trade Deficit

Surplus rank #9259 of 12657 HSN codes

% of Sub-Chapter 3923

FY 2024-25

0.07%

Share of Sub-Chapter 3923’s total exports in FY 2024-25

Import side: 0.58% of Sub-Chapter 3923’s imports

Rank Within Sub-Chapter 3923

FY 2024-25

#14 of 16

Position by export value among HSN codes in Sub-Chapter 3923

Import-side rank: #11 of 16

At a glance

−0.53%

Export CAGR

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

#6317

National Export Rank

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

+52.43%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.07%

Contribution to Sub-Ch. 3923

Share of Sub-Chapter 3923 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 39231020

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 #5480

Balance

−10.17

Exports

6.74 ₹ Cr

0.0003% share

— YoY

0.11% of Sub-Ch. 3923

Imports

16.91 ₹ Cr

0.0005% share

— YoY

0.69% of Sub-Ch. 3923

FY 2019-20 Exp. Rank #5690

Balance

−5.73

Exports

5.72 ₹ Cr

0.0003% share

−15.13% YoY

0.09% of Sub-Ch. 3923

Imports

11.45 ₹ Cr

0.0003% share

−32.29% YoY

0.51% of Sub-Ch. 3923

FY 2020-21 Exp. Rank #5957

Balance

−5.96

Exports

4.94 ₹ Cr

0.0002% share

−13.64% YoY

0.08% of Sub-Ch. 3923

Imports

10.90 ₹ Cr

0.0004% share

−4.80% YoY

0.53% of Sub-Ch. 3923

FY 2021-22 Exp. Rank #5852

Balance

−7.07

Exports

7.53 ₹ Cr

0.0002% share

+52.43% YoY

0.09% of Sub-Ch. 3923

Imports

14.60 ₹ Cr

0.0003% share

+33.95% YoY

0.51% of Sub-Ch. 3923

FY 2022-23 Exp. Rank #5504

Balance

−7.97

Exports

11.04 ₹ Cr

0.0003% share

+46.61% YoY

0.13% of Sub-Ch. 3923

Imports

19.01 ₹ Cr

0.0003% share

+30.21% YoY

0.66% of Sub-Ch. 3923

FY 2023-24 Exp. Rank #6648

Balance

−18.34

Exports

4.69 ₹ Cr

0.0001% share

−57.52% YoY

0.05% of Sub-Ch. 3923

Imports

23.03 ₹ Cr

0.0004% share

+21.15% YoY

0.77% of Sub-Ch. 3923

FY 2024-25 Exp. Rank #6317

Balance

−12.99

Exports

6.53 ₹ Cr

0.0002% share

+39.23% YoY

0.07% of Sub-Ch. 3923

Imports

19.52 ₹ Cr

0.0003% share

−15.24% YoY

0.58% of Sub-Ch. 3923

CAGR · 7-Year

Exports

−0.53% /yr

Imports

2.42% /yr

Consistently Deficit
Sub-Chapter 3923 total

reference, FY 2024-25

Export

₹9,898.33 Cr

Import

₹3,376.00 Cr

Trade Balance

+6,522.33

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 39231020 Export-Import Analysis

Export Decline: −0.53% CAGR Over 7 Years

India's exports under HSN Code 39231020 have declined at a compound annual rate of −0.53% over 7 fiscal years, falling from ₹6.74 Crore in FY 2018-19 to ₹6.53 Crore in FY 2024-25.

HSN Code 39231020 Ranked #6317 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 39231020 ranks #6317 out of 12657 HSN codes by total export value. Within Sub-Chapter 3923, it ranks #14 of 16. By trade surplus, it ranks #9259 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 39231020 Exports

The strongest single-year export movement for HSN Code 39231020 was recorded in FY 2021-22, when exports surged by 52.43% over the prior year.

India Records a Trade Deficit of ₹12.99 Crore in HSN Code 39231020 Goods

In FY 2024-25, India's imports of ₹19.52 Cr exceeded exports of ₹6.53 Cr, resulting in a trade deficit of ₹12.99 Crore — ranking #9259 of 12657 by surplus magnitude.

Import Growth of 2.42% CAGR Signals Stable Import Dependency for Plastic Pails, Buckets, and Similar Containers

India's imports under HSN Code 39231020 have grown at 2.42% CAGR, reaching ₹19.52 Crore in FY 2024-25.

HSN Code 39231020 Contributes 0.07% of Sub-Chapter 3923 Exports — Ranked #14

Among the 16 HSN codes under Sub-Chapter 3923, HSN Code 39231020 ranks #14 by export value — accounting for 0.07% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.58% share (rank #11).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 39231020 and GST compliance.

What products are classified under HSN 39231020 ?

It includes Plastic Pails, Buckets, and Similar Containers

Does packaging or labelling change the GST for Plastic Pails, Buckets, and Similar Containers?

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 Plastic Pails, Buckets, and Similar Containers is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Plastic Pails, Buckets, and Similar Containers; Nil for exempt items if applicable).

Any common misclassification issue with Plastic Pails, Buckets, and Similar Containers?

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

Can we claim ITC on inputs used to trade Plastic Pails, Buckets, and Similar Containers?

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 Plastic Pails, Buckets, and Similar Containers?

Under HSN 39231020, Plastic Pails, Buckets, and Similar Containers attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.