Consistent Export Growth: 14.24% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2104 have grown at a compound annual rate of 14.24% over 7 fiscal years, rising from ₹28.43 Crore in FY 2018-19 to ₹63.18 Crore in FY 2024-25.
HSN Sub Chapter 2104 represents Rosin & resin products under GST classification. This code helps businesses identify Rosin & resin products correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2104, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Rosin & resin products.
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GST Rate for Rosin & resin products under HSN Code 2104. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Rosin & resin products.
India’s Exports
FY 2024-25₹63 Cr
0.0017% of India’s total exports
India’s Imports
FY 2024-25₹2 Cr
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹61 Cr
Surplus rank #423 of 1233 subchapters
% of Chapter 21
FY 2024-250.44%
Share of Chapter 21’s total exports in FY 2024-25
Import side: 0.09% of Chapter 21’s imports
Rank Within Chapter 21
FY 2024-25#5 of 6
Position by export value among subchapters in Chapter 21
Import-side rank: #6 of 6
At a glance
14.24%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#883
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+40.86%
Peak Growth Year
FY 2020-21 · strongest single-year move
0.44%
Contribution to Ch. 21
Share of Chapter 21 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+26.28
Exports
28.43 ₹ Cr
0.0012% share
— YoY
0.53% of Ch. 21
Imports
2.15 ₹ Cr
0.0001% share
— YoY
0.14% of Ch. 21
Balance
+26.20
Exports
27.56 ₹ Cr
0.0012% share
−3.06% YoY
0.47% of Ch. 21
Imports
1.36 ₹ Cr
0.0000% share
−36.74% YoY
0.10% of Ch. 21
Balance
+38.26
Exports
38.82 ₹ Cr
0.0018% share
+40.86% YoY
0.56% of Ch. 21
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−58.82% YoY
0.04% of Ch. 21
Balance
+42.19
Exports
42.90 ₹ Cr
0.0014% share
+10.51% YoY
0.52% of Ch. 21
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+26.79% YoY
0.04% of Ch. 21
Balance
+49.14
Exports
50.68 ₹ Cr
0.0014% share
+18.14% YoY
0.50% of Ch. 21
Imports
1.54 ₹ Cr
0.0000% share
+116.90% YoY
0.09% of Ch. 21
Balance
+57.47
Exports
58.65 ₹ Cr
0.0016% share
+15.73% YoY
0.48% of Ch. 21
Imports
1.18 ₹ Cr
0.0000% share
−23.38% YoY
0.08% of Ch. 21
Balance
+61.47
Exports
63.18 ₹ Cr
0.0017% share
+7.72% YoY
0.44% of Ch. 21
Imports
1.71 ₹ Cr
0.0000% share
+44.92% YoY
0.09% of Ch. 21
CAGR · 7-Year
Exports
14.24% /yr
Imports
−3.74% /yr
reference, FY 2024-25
Export
₹14,506.54 Cr
Import
₹1,974.04 Cr
Trade Balance
+12,532.50
India's exports under HSN Sub-Chapter 2104 have grown at a compound annual rate of 14.24% over 7 fiscal years, rising from ₹28.43 Crore in FY 2018-19 to ₹63.18 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2104 ranks #883 out of 1233 subchapters by total export value. Within Chapter 21, it ranks #5 of 6. By trade surplus, it ranks #423 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2104 was recorded in FY 2020-21, when exports surged by 40.86% over the prior year.
In FY 2024-25, India's exports of ₹63.18 Cr exceeded imports of ₹1.71 Cr, resulting in a trade surplus of ₹61.47 Crore — ranking #423 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2104 have grown at −3.74% CAGR, reaching ₹1.71 Crore in FY 2024-25.
Among the 6 subchapters under Chapter 21, HSN Sub-Chapter 2104 ranks #5 by export value — accounting for 0.44% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.09% share (rank #6).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 2104 and GST compliance.
It includes Rosin & resin products
Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.
Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Rosin & resin products is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.
Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.