HSN Code 39232100: Bags of polymers of ethylene

HSN Code 39232100 represents Bags of polymers of ethylene under GST classification. This code helps businesses identify Bags of polymers of ethylene correctly for billing, taxation, and trade. With HSN Code 39232100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Bags of polymers of ethylene.

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Description of Goods for HSN Code 39232100

HSN Code 39232100 relates to the following description.

Description of Goods

Sacks and bags (including cones): Of polymers of ethylene

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 39232100 not include?

Bags of polymers of ethylene 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 39231020

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

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 39232100 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

₹1,848 Cr

+7.96% vs FY 2023-24

0.0502% of India’s total exports

India’s Imports

FY 2024-25

₹171 Cr

+14.13% vs FY 2023-24

0.0028% of India’s total imports

Trade Balance

FY 2024-25

₹1,677 Cr

Trade Surplus

Surplus rank #235 of 12657 HSN codes

% of Sub-Chapter 3923

FY 2024-25

18.67%

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

Import side: 5.08% of Sub-Chapter 3923’s imports

Rank Within Sub-Chapter 3923

FY 2024-25

#2 of 16

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

Import-side rank: #7 of 16

At a glance

7.38%

Export CAGR

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

#298

National Export Rank

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

+38.80%

Peak Growth Year

FY 2021-22 · strongest single-year move

18.67%

Contribution to Sub-Ch. 3923

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

India Export-Import Trade Statistics for HSN Code 39232100

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 #275

Balance

+1,124.09

Exports

1,205.75 ₹ Cr

0.0528% share

— YoY

20.19% of Sub-Ch. 3923

Imports

81.66 ₹ Cr

0.0023% share

— YoY

3.35% of Sub-Ch. 3923

FY 2019-20 Exp. Rank #289

Balance

+1,037.41

Exports

1,107.01 ₹ Cr

0.0503% share

−8.19% YoY

18.17% of Sub-Ch. 3923

Imports

69.60 ₹ Cr

0.0021% share

−14.77% YoY

3.11% of Sub-Ch. 3923

FY 2020-21 Exp. Rank #286

Balance

+1,116.65

Exports

1,193.57 ₹ Cr

0.0555% share

+7.82% YoY

18.53% of Sub-Ch. 3923

Imports

76.92 ₹ Cr

0.0026% share

+10.52% YoY

3.72% of Sub-Ch. 3923

FY 2021-22 Exp. Rank #287

Balance

+1,443.51

Exports

1,656.72 ₹ Cr

0.0528% share

+38.80% YoY

19.71% of Sub-Ch. 3923

Imports

213.21 ₹ Cr

0.0047% share

+177.18% YoY

7.47% of Sub-Ch. 3923

FY 2022-23 Exp. Rank #312

Balance

+1,527.18

Exports

1,648.19 ₹ Cr

0.0455% share

−0.51% YoY

19.85% of Sub-Ch. 3923

Imports

121.01 ₹ Cr

0.0021% share

−43.24% YoY

4.17% of Sub-Ch. 3923

FY 2023-24 Exp. Rank #296

Balance

+1,562.08

Exports

1,712.22 ₹ Cr

0.0473% share

+3.88% YoY

19.42% of Sub-Ch. 3923

Imports

150.14 ₹ Cr

0.0027% share

+24.07% YoY

5.00% of Sub-Ch. 3923

FY 2024-25 Exp. Rank #298

Balance

+1,677.11

Exports

1,848.46 ₹ Cr

0.0502% share

+7.96% YoY

18.67% of Sub-Ch. 3923

Imports

171.35 ₹ Cr

0.0028% share

+14.13% YoY

5.08% of Sub-Ch. 3923

CAGR · 7-Year

Exports

7.38% /yr

Imports

13.15% /yr

Consistently Surplus
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 39232100 Export-Import Analysis

Consistent Export Growth: 7.38% CAGR Over 7 Years

India's exports under HSN Code 39232100 have grown at a compound annual rate of 7.38% over 7 fiscal years, rising from ₹1,205.75 Crore in FY 2018-19 to ₹1,848.46 Crore in FY 2024-25.

HSN Code 39232100 Ranked #298 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 39232100 ranks #298 out of 12657 HSN codes by total export value. Within Sub-Chapter 3923, it ranks #2 of 16. By trade surplus, it ranks #235 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 39232100 Exports

The strongest single-year export movement for HSN Code 39232100 was recorded in FY 2021-22, when exports surged by 38.80% over the prior year.

India Maintains a Trade Surplus of ₹1,677.11 Crore in HSN Code 39232100 Goods

In FY 2024-25, India's exports of ₹1,848.46 Cr exceeded imports of ₹171.35 Cr, resulting in a trade surplus of ₹1,677.11 Crore — ranking #235 of 12657 by surplus magnitude.

Import Growth of 13.15% CAGR Signals Rising Demand for Bags of polymers of ethylene

India's imports under HSN Code 39232100 have grown at 13.15% CAGR, reaching ₹171.35 Crore in FY 2024-25.

HSN Code 39232100 Contributes 18.67% of Sub-Chapter 3923 Exports — Ranked #2

Among the 16 HSN codes under Sub-Chapter 3923, HSN Code 39232100 ranks #2 by export value — accounting for 18.67% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.08% share (rank #7).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 39232100 and GST compliance.

What products are classified under HSN 39232100 ?

It includes Bags of polymers of ethylene

Do e‑way bill and e‑invoice apply for Bags of polymers of ethylene?

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 Bags of polymers of ethylene?

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

How should mixed supplies be billed when Bags of polymers of ethylene is sold with other items?

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

Does packaging or labelling change the GST for Bags of polymers of ethylene?

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 Bags of polymers of ethylene?

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

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.