3407 HSN Code: Modelling pastes and preparations

HSN Sub Chapter 3407 represents Modelling pastes and preparations under GST classification. This code helps businesses identify Modelling pastes and preparations correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 3407, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Modelling pastes and preparations.

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New GST Rate for HSN Code 3407

GST Rate for Modelling pastes and preparations under HSN Code 3407. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

34

HSN Code

3407

HSN Description

Modelling pastes, including those put up for children’s amusement; preparations known as “dental wax” or as “dental impression compounds”, put up in sets, in packings for retail sale or in plates, horseshoe shapes,sticks or similar forms; other preparations for use in dentistry, with a basis of plaster (of calcined gypsum or calcium sulphate)

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 3407

Following tariff HSN codes fall under Modelling pastes and preparations.

Tariff HSN

34070010

Description

Modelling pastes, including those put up for children’s amusement; preparations known as “dental wax” or as “dental impression compounds”, put up in sets, in packings for retail sale or in plates, horseshoe shapes,sticks or similar forms; other preparations for use in dentistry, with a basis of plaster (of calcined gypsum or calcium sulphate) : Modelling pastes, including those put up for children’s amusement

Tariff HSN

34070090

Description

Modelling pastes, including those put up for children’s amusement; preparations known as “dental wax” or as “dental impression compounds”, put up in sets, in packings for retail sale or in plates, horseshoe shapes,sticks or similar forms; other preparations for use in dentistry, with a basis of plaster (of calcined gypsum or calcium sulphate) : Other (Preparations known as “dental wax” or as “dental impression compounds”, put up in sets, in packings for retail sale or in plates, horseshoe shapes, sticks or similar forms; other preparations for use in dentistry, with a basis of plaster (of calcined gypsum or calcium sulphate)

India’s Trade Performance — HSN Sub-Chapter 3407 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

₹32 Cr

+11.30% vs FY 2023-24

0.0009% of India’s total exports

India’s Imports

FY 2024-25

₹85 Cr

+3.63% vs FY 2023-24

0.0014% of India’s total imports

Trade Balance

FY 2024-25

−₹53 Cr

Trade Deficit

Surplus rank #680 of 1233 subchapters

% of Chapter 34

FY 2024-25

0.35%

Share of Chapter 34’s total exports in FY 2024-25

Import side: 0.68% of Chapter 34’s imports

Rank Within Chapter 34

FY 2024-25

#7 of 7

Position by export value among subchapters in Chapter 34

Import-side rank: #6 of 7

At a glance

15.97%

Export CAGR

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

#960

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+86.61%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.35%

Contribution to Ch. 34

Share of Chapter 34 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 3407

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 #986

Balance

−47.62

Exports

13.00 ₹ Cr

0.0006% share

— YoY

0.30% of Ch. 34

Imports

60.62 ₹ Cr

0.0017% share

— YoY

0.94% of Ch. 34

FY 2019-20 Exp. Rank #926

Balance

−41.10

Exports

23.34 ₹ Cr

0.0011% share

+79.54% YoY

0.52% of Ch. 34

Imports

64.44 ₹ Cr

0.0019% share

+6.30% YoY

1.06% of Ch. 34

FY 2020-21 Exp. Rank #970

Balance

−23.01

Exports

14.49 ₹ Cr

0.0007% share

−37.92% YoY

0.28% of Ch. 34

Imports

37.50 ₹ Cr

0.0013% share

−41.81% YoY

0.55% of Ch. 34

FY 2021-22 Exp. Rank #941

Balance

−38.15

Exports

27.04 ₹ Cr

0.0009% share

+86.61% YoY

0.42% of Ch. 34

Imports

65.19 ₹ Cr

0.0014% share

+73.84% YoY

0.69% of Ch. 34

FY 2022-23 Exp. Rank #951

Balance

−64.39

Exports

28.97 ₹ Cr

0.0008% share

+7.14% YoY

0.39% of Ch. 34

Imports

93.36 ₹ Cr

0.0016% share

+43.21% YoY

0.85% of Ch. 34

FY 2023-24 Exp. Rank #966

Balance

−53.23

Exports

28.41 ₹ Cr

0.0008% share

−1.93% YoY

0.34% of Ch. 34

Imports

81.64 ₹ Cr

0.0015% share

−12.55% YoY

0.83% of Ch. 34

FY 2024-25 Exp. Rank #960

Balance

−52.98

Exports

31.62 ₹ Cr

0.0009% share

+11.30% YoY

0.35% of Ch. 34

Imports

84.60 ₹ Cr

0.0014% share

+3.63% YoY

0.68% of Ch. 34

CAGR · 7-Year

Exports

15.97% /yr

Imports

5.71% /yr

Consistently Deficit
Chapter 34 total

reference, FY 2024-25

Export

₹9,110.16 Cr

Import

₹12,455.40 Cr

Trade Balance

−3,345.24

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

Key Trade Insights: HSN Sub-Chapter 3407 Export-Import Analysis

Consistent Export Growth: 15.97% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 3407 have grown at a compound annual rate of 15.97% over 7 fiscal years, rising from ₹13.00 Crore in FY 2018-19 to ₹31.62 Crore in FY 2024-25.

HSN Sub-Chapter 3407 Ranked #960 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 3407 ranks #960 out of 1233 subchapters by total export value. Within Chapter 34, it ranks #7 of 7. By trade surplus, it ranks #680 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 3407 Exports

The strongest single-year export movement for HSN Sub-Chapter 3407 was recorded in FY 2021-22, when exports surged by 86.61% over the prior year.

India Records a Trade Deficit of ₹52.98 Crore in HSN Sub-Chapter 3407 Goods

In FY 2024-25, India's imports of ₹84.60 Cr exceeded exports of ₹31.62 Cr, resulting in a trade deficit of ₹52.98 Crore — ranking #680 of 1233 by surplus magnitude.

Import Growth of 5.71% CAGR Signals Stable Import Dependency for Modelling pastes and preparations

India's imports under HSN Sub-Chapter 3407 have grown at 5.71% CAGR, reaching ₹84.60 Crore in FY 2024-25.

HSN Sub-Chapter 3407 Contributes 0.35% of Chapter 34 Exports — Ranked #7

Among the 7 subchapters under Chapter 34, HSN Sub-Chapter 3407 ranks #7 by export value — accounting for 0.35% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.68% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 3407 and GST compliance.

What products are classified under HSN 3407

It includes Modelling pastes and preparations

Does packaging or branding change how GST applies to Modelling pastes and preparations?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Modelling pastes and 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.

Do spares or accessories of Modelling pastes and 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.

If I repair and return Modelling pastes and preparations, how should I charge GST?

Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.

Can reverse charge ever apply to transactions involving Modelling pastes and preparations?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Modelling pastes and preparations are forward charge. Check the current notifications for any special cases before deciding.

What should my invoice and records include for Modelling pastes and preparations?

Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.

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.

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