--- title: "3403 HSN Code | HSN Code for lubricating preparations in India" description: "Know more about 3403 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 3403 covering lubricating preparations." canonical: "https://busy.in/hsn/sub-chapter-3403/" --- # HSN Sub-chapter 3403: lubricating preparations lubricating preparations (including cuttingoil preparations, bolt or nut release preparations, anti-rust or anti-corrosion preparations and mould release preparations,based on lubricants) and preparations of a kind used for the oil or grease treatment of textile materials, leather,furskins or other materials, but excluding preparations containing, as basic constituents,70 % or more by weight of petroleum oils or of oils obtained from bituminous minerals Part of [Chapter 34: Soap, Washing Preparations, Waxes](https://busy.in/hsn/chapter-34/). - Current GST rate: 18% - Earlier GST rate: 18% ## HSN codes | Code | Title | | --- | --- | | 34031100 | [Textile and Leather Treatment Preparations](https://busy.in/hsn/hsn-34031100/) | | 34031900 | [Other Petroleum Oil Preparations](https://busy.in/hsn/hsn-34031900/) | | 34039100 | [Preparations for Treating Textiles/Leather/Furs](https://busy.in/hsn/hsn-34039100/) | | 34039900 | [Lubricating Preparations, Excluding High-Oil Content](https://busy.in/hsn/hsn-34039900/) | ## Frequently asked questions ### What products are classified under HSN 3403 It includes lubricating preparations ### What are the e‑way bill and e‑invoice points while moving lubricating preparations? Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself. ### Can I claim ITC on inputs and services used for lubricating preparations? If your outward supply of lubricating preparations is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43. ### Do spares or accessories of lubricating preparations follow the same HSN? 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. ### Any special steps when selling lubricating preparations through an e‑commerce platform? 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. ### Does packaging or branding change how GST applies to lubricating preparations? Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If lubricating preparations 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. ## India's trade performance: HSN Sub-Chapter 3403 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹629 Cr (+20.17% YoY) — 0.0170% of India's total exports - Imports: ₹3,681 Cr (+4.88% YoY) — 0.0604% of India's total imports - Trade balance: −₹3,052 Cr (Deficit); surplus rank #1068 of 1233 sub-chapters - Share of Chapter 34: 6.91% of its exports; import side 29.55% - Rank within Chapter 34: #5 of 7 by export value; import-side #2 ### Key metrics - Export CAGR: 17.31% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #484 of 1233 sub-chapters by export value (FY 2024-25) - Peak growth year: +42.26% in FY 2022-23 - Contribution to Ch. 34: 6.91% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Sub-Chapter 3403 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 Ch. 34 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Ch. 34 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 241.57 | 0.0105% | — | 5.58% | 2,401.57 | 0.0669% | — | 37.16% | −2,160.00 | #574 | | FY 2019-20 | 210.54 | 0.0095% | −12.85% | 4.72% | 2,209.90 | 0.0659% | −7.98% | 36.47% | −1,999.36 | #587 | | FY 2020-21 | 215.08 | 0.0100% | +2.16% | 4.10% | 2,076.92 | 0.0713% | −6.02% | 30.35% | −1,861.84 | #592 | | FY 2021-22 | 269.89 | 0.0086% | +25.48% | 4.21% | 2,943.37 | 0.0644% | +41.72% | 31.08% | −2,673.48 | #607 | | FY 2022-23 | 383.94 | 0.0106% | +42.26% | 5.15% | 3,532.68 | 0.0614% | +20.02% | 32.31% | −3,148.74 | #574 | | FY 2023-24 | 523.78 | 0.0145% | +36.42% | 6.36% | 3,509.78 | 0.0625% | −0.65% | 35.54% | −2,986.00 | #508 | | FY 2024-25 | 629.44 | 0.0170% | +20.17% | 6.91% | 3,681.16 | 0.0604% | +4.88% | 29.55% | −3,051.72 | #484 | - CAGR (7-year): exports 17.31%/yr, imports 7.38%/yr (consistently Deficit) ## Key trade insights: HSN Sub-Chapter 3403 export-import analysis ### Consistent export growth: 17.31% CAGR over 7 years India's exports under HSN Sub-Chapter 3403 have grown at a compound annual rate of 17.31% over 7 fiscal years, rising from ₹241.57 Crore in FY 2018-19 to ₹629.44 Crore in FY 2024-25. ### HSN Sub-Chapter 3403 ranked #484 among all 1233 sub-chapters by export value In FY 2024-25, HSN Sub-Chapter 3403 ranks #484 out of 1233 sub-chapters by total export value. Within Chapter 34, it ranks #5 of 7. By trade surplus, it ranks #1068 of 1233. ### FY 2022-23 was the strongest growth year for HSN Sub-Chapter 3403 exports The strongest single-year export movement for HSN Sub-Chapter 3403 was recorded in FY 2022-23, when exports surged by 42.26% over the prior year. ### India records a trade deficit of ₹3,051.72 Crore in HSN Sub-Chapter 3403 goods In FY 2024-25, India's imports of ₹3,681.16 Cr exceeded exports of ₹629.44 Cr, resulting in a trade deficit of ₹3,051.72 Crore — ranking #1068 of 1233 by surplus magnitude. ### Import growth of 7.38% CAGR signals stable import dependency for lubricating preparations India's imports under HSN Sub-Chapter 3403 have grown at 7.38% CAGR, reaching ₹3,681.16 Crore in FY 2024-25. ### HSN Sub-Chapter 3403 contributes 6.91% of Chapter 34 exports — ranked #5 Among the 7 sub-chapters under Chapter 34, HSN Sub-Chapter 3403 ranks #5 by export value — accounting for 6.91% of the chapter's total exports in FY 2024-25. On the import side, it holds 29.55% share (rank #2). ## Related Sub-Chapters in Chapter 34 Ranked by export value (FY 2024-25). | Rank | HSN Sub-Chapter | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Sub-Chapter 3402: Surface-active agents](https://busy.in/hsn/sub-chapter-3402/) | ₹5,472 Cr | | #2 | [HSN Sub-Chapter 3401: Soap; organic surface-active products](https://busy.in/hsn/sub-chapter-3401/) | ₹1,374 Cr | | #3 | [HSN Sub-Chapter 3406: Candles & tapers](https://busy.in/hsn/sub-chapter-3406/) | ₹824 Cr | | #4 | [HSN Sub-Chapter 3404: Artificial waxes](https://busy.in/hsn/sub-chapter-3404/) | ₹687 Cr | | #5 | HSN Sub-Chapter 3403: lubricating preparations (this hsn sub-chapter) | ₹629 Cr | | #6 | [HSN Sub-Chapter 3405: Footwear creams](https://busy.in/hsn/sub-chapter-3405/) | ₹92 Cr | | #7 | [HSN Sub-Chapter 3407: Modelling pastes and preparations](https://busy.in/hsn/sub-chapter-3407/) | ₹32 Cr | ## Other sub-chapters | Code | Title | | --- | --- | | 3401 | [Soap; organic surface-active products](https://busy.in/hsn/sub-chapter-3401/) | | 3402 | [Surface-active agents](https://busy.in/hsn/sub-chapter-3402/) | | 3404 | [Artificial waxes](https://busy.in/hsn/sub-chapter-3404/) | | 3405 | [Footwear creams](https://busy.in/hsn/sub-chapter-3405/) | | 3406 | [Candles & tapers](https://busy.in/hsn/sub-chapter-3406/) | | 3407 | [Modelling pastes and preparations](https://busy.in/hsn/sub-chapter-3407/) |