Export Decline: −9.97% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 3901 have declined at a compound annual rate of −9.97% over 7 fiscal years, falling from ₹8,801.49 Crore in FY 2018-19 to ₹4,686.97 Crore in FY 2024-25.
HSN Sub Chapter 3901 represents Polymers of ethylene in primary forms under GST classification. This code helps businesses identify Polymers of ethylene in primary forms correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 3901, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Polymers of ethylene in primary forms.
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GST Rate for Polymers of ethylene in primary forms under HSN Code 3901. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Polymers of ethylene in primary forms.
Tariff HSN
Description
Polyethylene having a specific gravity of less than 0.94 : Linear low density polyethylene (LLDPE)
Tariff HSN
Description
Polyethylene having a specific gravity of less than 0.94 : Low density polyethylene (LDPE)
Tariff HSN
Description
Polyethylene having a specific gravity of less than 0.94 : Other
Tariff HSN
Description
Polyethylene having a specific gravity of 0.94 or more
Tariff HSN
Description
Ethylene-vinyl acetate copolymers
Tariff HSN
Description
Ethylene-alpha-olefin copolymers, having a specific gravity of less than 0.94: Linear low density polyethylene (LLDPE), in which ethylene monomer unit contributes less than 95 % by weight of the total polymer content
Tariff HSN
Description
Ethylene-alpha-olefin copolymers, having a specific gravity of less than 0.94: Other
Tariff HSN
Description
Other: Other
Tariff HSN
Description
Polymers of ethylene, in primary forms - other: linear medium density polyethylene (lmdpe)
Tariff HSN
Description
Polymers of ethylene, in primary forms - other: other
India’s Exports
FY 2024-25₹4,687 Cr
0.1266% of India’s total exports
India’s Imports
FY 2024-25₹30,924 Cr
0.5071% of India’s total imports
Trade Balance
FY 2024-25−₹26,237 Cr
Surplus rank #1190 of 1233 subchapters
% of Chapter 39
FY 2024-256.79%
Share of Chapter 39’s total exports in FY 2024-25
Import side: 16.55% of Chapter 39’s imports
Rank Within Chapter 39
FY 2024-25#5 of 26
Position by export value among subchapters in Chapter 39
Import-side rank: #1 of 26
At a glance
−9.97%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#141
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+17.46%
Peak Growth Year
FY 2023-24 · strongest single-year move
6.79%
Contribution to Ch. 39
Share of Chapter 39 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
−8,408.25
Exports
8,801.49 ₹ Cr
0.3834% share
— YoY
15.69% of Ch. 39
Imports
17,209.74 ₹ Cr
0.4792% share
— YoY
16.15% of Ch. 39
Balance
−8,575.51
Exports
6,635.81 ₹ Cr
0.3004% share
−24.61% YoY
13.55% of Ch. 39
Imports
15,211.32 ₹ Cr
0.4534% share
−11.61% YoY
15.12% of Ch. 39
Balance
−9,978.28
Exports
6,314.86 ₹ Cr
0.2936% share
−4.84% YoY
12.38% of Ch. 39
Imports
16,293.14 ₹ Cr
0.5592% share
+7.11% YoY
16.56% of Ch. 39
Balance
−18,424.83
Exports
5,704.70 ₹ Cr
0.1818% share
−9.66% YoY
8.46% of Ch. 39
Imports
24,129.53 ₹ Cr
0.5279% share
+48.10% YoY
16.19% of Ch. 39
Balance
−33,317.79
Exports
3,643.07 ₹ Cr
0.1006% share
−36.14% YoY
5.92% of Ch. 39
Imports
36,960.86 ₹ Cr
0.6428% share
+53.18% YoY
19.92% of Ch. 39
Balance
−33,132.64
Exports
4,279.11 ₹ Cr
0.1183% share
+17.46% YoY
7.00% of Ch. 39
Imports
37,411.75 ₹ Cr
0.6662% share
+1.22% YoY
20.70% of Ch. 39
Balance
−26,236.99
Exports
4,686.97 ₹ Cr
0.1266% share
+9.53% YoY
6.79% of Ch. 39
Imports
30,923.96 ₹ Cr
0.5071% share
−17.34% YoY
16.55% of Ch. 39
CAGR · 7-Year
Exports
−9.97% /yr
Imports
10.26% /yr
reference, FY 2024-25
Export
₹69,000.07 Cr
Import
₹1,86,903.34 Cr
Trade Balance
−1,17,903.27
India's exports under HSN Sub-Chapter 3901 have declined at a compound annual rate of −9.97% over 7 fiscal years, falling from ₹8,801.49 Crore in FY 2018-19 to ₹4,686.97 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 3901 ranks #141 out of 1233 subchapters by total export value. Within Chapter 39, it ranks #5 of 26. By trade surplus, it ranks #1190 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 3901 was recorded in FY 2023-24, when exports surged by 17.46% over the prior year.
In FY 2024-25, India's imports of ₹30,923.96 Cr exceeded exports of ₹4,686.97 Cr, resulting in a trade deficit of ₹26,236.99 Crore — ranking #1190 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 3901 have grown at 10.26% CAGR, reaching ₹30,923.96 Crore in FY 2024-25.
Among the 26 subchapters under Chapter 39, HSN Sub-Chapter 3901 ranks #5 by export value — accounting for 6.79% of the chapter's total exports in FY 2024-25. On the import side, it holds 16.55% share (rank #1).
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 3901 and GST compliance.
It includes Polymers of ethylene in primary forms
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.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Polymers of ethylene in primary forms are forward charge. Check the current notifications for any special cases before deciding.
If your outward supply of Polymers of ethylene in primary forms 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.
The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.
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.