---
title: "HSN Code for Packing Boxes for Connectors | HSN 39231040 GST Rate"
description: "Find HSN and GST Rates for 39231040 related to Packing Boxes for Connectors with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-39231040/"
---

# HSN Code 39231040: Packing Boxes for Connectors

- [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 3923: Plastic packaging articles, caps & closures](https://busy.in/hsn/sub-chapter-3923/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Boxes, cases, crates and similar articles: Packing for accommodating connectors | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 39231040 ?

It includes Packing Boxes for Connectors

### Does packaging or labelling change the GST for Packing Boxes for Connectors?

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 much GST applies to Packing Boxes for Connectors?

Under HSN 39231040, Packing Boxes for Connectors attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Do e‑way bill and e‑invoice apply for Packing Boxes for Connectors?

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.

### Any common misclassification issue with Packing Boxes for Connectors?

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 Packing Boxes for Connectors?

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

## India's trade performance: HSN Code 39231040 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹1 Cr (+46.88% YoY) — 0.0000% of India's total exports
- Imports: ₹14 Cr (+249.39% YoY) — 0.0002% of India's total imports
- Trade balance: −₹13 Cr (Deficit); surplus rank #9255 of 12657 HSN codes
- Share of Sub-Chapter 3923: 0.01% of its exports; import side 0.43%
- Rank within Sub-Chapter 3923: #16 of 16 by export value; import-side #12

### Key metrics

- Export CAGR: 27.38% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #7927 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +158.33% in FY 2022-23
- Contribution to Sub-Ch. 3923: 0.01% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 39231040

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. 3923 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3923 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.01% | 1.61 | 0.0000% | — | 0.07% | −1.28 | #8468 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | +18.18% | 0.01% | 5.27 | 0.0002% | +227.33% | 0.24% | −4.88 | #8395 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | +12.82% | 0.01% | 8.54 | 0.0003% | +62.05% | 0.41% | −8.10 | #8328 |
| FY 2021-22 | < ₹1 Crore | 0.0000% | −45.45% | 0.00% | 9.31 | 0.0002% | +9.02% | 0.33% | −9.07 | #9083 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | +158.33% | 0.01% | 5.65 | 0.0001% | −39.31% | 0.19% | −5.03 | #8510 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | +54.84% | 0.01% | 4.11 | 0.0001% | −27.26% | 0.14% | −3.15 | #8281 |
| FY 2024-25 | 1.41 | 0.0000% | +46.88% | 0.01% | 14.36 | 0.0002% | +249.39% | 0.43% | −12.95 | #7927 |

- CAGR (7-year): exports 27.38%/yr, imports 44.01%/yr (consistently Deficit)

## Key trade insights: HSN Code 39231040 export-import analysis

### Consistent export growth: 27.38% CAGR over 7 years

India's exports under HSN Code 39231040 have grown at a compound annual rate of 27.38% over 7 fiscal years, rising from ₹0.33 Crore in FY 2018-19 to ₹1.41 Crore in FY 2024-25.

### HSN Code 39231040 ranked #7927 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 39231040 ranks #7927 out of 12657 HSN codes by total export value. Within Sub-Chapter 3923, it ranks #16 of 16. By trade surplus, it ranks #9255 of 12657.

### FY 2022-23 was the strongest growth year for HSN Code 39231040 exports

The strongest single-year export movement for HSN Code 39231040 was recorded in FY 2022-23, when exports surged by 158.33% over the prior year.

### India records a trade deficit of ₹12.95 Crore in HSN Code 39231040 goods

In FY 2024-25, India's imports of ₹14.36 Cr exceeded exports of ₹1.41 Cr, resulting in a trade deficit of ₹12.95 Crore — ranking #9255 of 12657 by surplus magnitude.

### Import growth of 44.01% CAGR signals rising demand for Packing Boxes for Connectors

India's imports under HSN Code 39231040 have grown at 44.01% CAGR, reaching ₹14.36 Crore in FY 2024-25.

### HSN Code 39231040 contributes 0.01% of Sub-Chapter 3923 exports — ranked #16

Among the 16 HSN codes under Sub-Chapter 3923, HSN Code 39231040 ranks #16 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.43% share (rank #12).

## Related HSN Codes in Sub-Chapter 3923

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 39232990: Sacks and bags of other plastics](https://busy.in/hsn/hsn-39232990/) | ₹4,107 Cr |
| #2 | [HSN Code 39232100: Bags of polymers of ethylene](https://busy.in/hsn/hsn-39232100/) | ₹1,848 Cr |
| #3 | [HSN Code 39239090: Plastic Sanitary Ware: Baths, Sinks & More](https://busy.in/hsn/hsn-39239090/) | ₹1,791 Cr |
| #4 | [HSN Code 39235010: Caps, Closures & Stoppers for Bottles and Containers](https://busy.in/hsn/hsn-39235010/) | ₹627 Cr |
| #5 | [HSN Code 39233090: Carboys, bottles, flasks](https://busy.in/hsn/hsn-39233090/) | ₹542 Cr |
| #6 | [HSN Code 39231090: Boxes, cases, crates and similar article](https://busy.in/hsn/hsn-39231090/) | ₹392 Cr |
| #7 | [HSN Code 39235090: Stoppers, lids, caps and other closures : Other](https://busy.in/hsn/hsn-39235090/) | ₹332 Cr |
| #8 | [HSN Code 39231030: Insulated ware boxes and crates](https://busy.in/hsn/hsn-39231030/) | ₹91 Cr |
| #9 | [HSN Code 39234000: Spools, Cops, Bobbins\| Supports](https://busy.in/hsn/hsn-39234000/) | ₹72 Cr |
| #10 | [HSN Code 39239020: Other \| Aseptic Bags](https://busy.in/hsn/hsn-39239020/) | ₹52 Cr |
| #16 | HSN Code 39231040: Packing Boxes for Connectors (this hsn code) | ₹1 Cr |