Consistent Export Growth: 15.53% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 3823 have grown at a compound annual rate of 15.53% over 7 fiscal years, rising from ₹1,519.53 Crore in FY 2018-19 to ₹3,612.42 Crore in FY 2024-25.
HSN Sub Chapter 3823 represents Fatty acids & industrial oils under GST classification. This code helps businesses identify Fatty acids & industrial oils correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 3823, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Fatty acids & industrial oils.
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GST Rate for Fatty acids & industrial oils under HSN Code 3823. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Fatty acids & industrial oils.
Tariff HSN
Description
Industrial monocarboxylic fatty acids; acid oils from refining :Stearic acid : Palm stearin : Stearic acid
Tariff HSN
Description
Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols industrial monocarboxylic fatty acids; acid oils from refining: stearic acid: palm stearin: crude
Tariff HSN
Description
Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols industrial monocarboxylic fatty acids; acid oils from refining: stearic acid: palm stearin: rbd
Tariff HSN
Description
Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols industrial monocarboxylic fatty acids; acid oils from refining: stearic acid: palm stearin: other
Tariff HSN
Description
Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols industrial monocarboxylic fatty acids; acid oils from refining: stearic acid: other stearic acid or stearin
Tariff HSN
Description
Industrial monocarboxylic fatty acids; acid oils from refining : Oleic acid
Tariff HSN
Description
Industrial monocarboxylic fatty acids; acid oils from refining : Tall oil fatty acids
Tariff HSN
Description
Industrial monocarboxylic fatty acids; acid oils from refining : Other
Tariff HSN
Description
Industrial fatty alcohols: Cetyl alcohol
Tariff HSN
Description
Industrial fatty alcohols: Lauryl alcohol
Tariff HSN
Description
Industrial fatty alcohols: Oleyl alcohol
Tariff HSN
Description
Industrial fatty alcohols: Stearyl alcohol
Tariff HSN
Description
Industrial fatty alcohols: Other
India’s Exports
FY 2024-25₹3,612 Cr
0.0975% of India’s total exports
India’s Imports
FY 2024-25₹8,439 Cr
0.1384% of India’s total imports
Trade Balance
FY 2024-25−₹4,826 Cr
Surplus rank #1113 of 1233 subchapters
% of Chapter 38
FY 2024-256.12%
Share of Chapter 38’s total exports in FY 2024-25
Import side: 12.46% of Chapter 38’s imports
Rank Within Chapter 38
FY 2024-25#3 of 27
Position by export value among subchapters in Chapter 38
Import-side rank: #3 of 27
At a glance
15.53%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#174
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+81.78%
Peak Growth Year
FY 2021-22 · strongest single-year move
6.12%
Contribution to Ch. 38
Share of Chapter 38 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
−3,401.33
Exports
1,519.53 ₹ Cr
0.0662% share
— YoY
4.69% of Ch. 38
Imports
4,920.86 ₹ Cr
0.1370% share
— YoY
11.79% of Ch. 38
Balance
−1,966.17
Exports
1,417.16 ₹ Cr
0.0642% share
−6.74% YoY
3.97% of Ch. 38
Imports
3,383.33 ₹ Cr
0.1009% share
−31.25% YoY
8.66% of Ch. 38
Balance
−2,876.09
Exports
1,390.46 ₹ Cr
0.0646% share
−1.88% YoY
3.67% of Ch. 38
Imports
4,266.55 ₹ Cr
0.1464% share
+26.11% YoY
9.41% of Ch. 38
Balance
−4,544.23
Exports
2,527.61 ₹ Cr
0.0805% share
+81.78% YoY
4.82% of Ch. 38
Imports
7,071.84 ₹ Cr
0.1547% share
+65.75% YoY
12.06% of Ch. 38
Balance
−3,465.21
Exports
3,987.35 ₹ Cr
0.1101% share
+57.75% YoY
6.30% of Ch. 38
Imports
7,452.56 ₹ Cr
0.1296% share
+5.38% YoY
11.33% of Ch. 38
Balance
−3,092.34
Exports
2,742.88 ₹ Cr
0.0758% share
−31.21% YoY
5.04% of Ch. 38
Imports
5,835.22 ₹ Cr
0.1039% share
−21.70% YoY
9.49% of Ch. 38
Balance
−4,826.23
Exports
3,612.42 ₹ Cr
0.0975% share
+31.70% YoY
6.12% of Ch. 38
Imports
8,438.65 ₹ Cr
0.1384% share
+44.62% YoY
12.46% of Ch. 38
CAGR · 7-Year
Exports
15.53% /yr
Imports
9.41% /yr
reference, FY 2024-25
Export
₹59,002.97 Cr
Import
₹67,746.25 Cr
Trade Balance
−8,743.28
India's exports under HSN Sub-Chapter 3823 have grown at a compound annual rate of 15.53% over 7 fiscal years, rising from ₹1,519.53 Crore in FY 2018-19 to ₹3,612.42 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 3823 ranks #174 out of 1233 subchapters by total export value. Within Chapter 38, it ranks #3 of 27. By trade surplus, it ranks #1113 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 3823 was recorded in FY 2021-22, when exports surged by 81.78% over the prior year.
In FY 2024-25, India's imports of ₹8,438.65 Cr exceeded exports of ₹3,612.42 Cr, resulting in a trade deficit of ₹4,826.23 Crore — ranking #1113 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 3823 have grown at 9.41% CAGR, reaching ₹8,438.65 Crore in FY 2024-25.
Among the 27 subchapters under Chapter 38, HSN Sub-Chapter 3823 ranks #3 by export value — accounting for 6.12% of the chapter's total exports in FY 2024-25. On the import side, it holds 12.46% share (rank #3).
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 3823 and GST compliance.
It includes Fatty acids & industrial oils
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.
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.
If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Fatty acids & industrial oils 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.
Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.