3903 HSN Code: Polymers of styrene, primary forms

HSN Sub Chapter 3903 represents Polymers of styrene, primary forms under GST classification. This code helps businesses identify Polymers of styrene, primary forms correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 3903, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Polymers of styrene, primary forms.

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New GST Rate for HSN Code 3903

GST Rate for Polymers of styrene, primary forms under HSN Code 3903. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

39

HSN Code

HSN Description

Polymers of styrene , in primary forms

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 3903

Following tariff HSN codes fall under Polymers of styrene, primary forms.

Tariff HSN

Description

Polystyrene: Expansible

Tariff HSN

Description

Polystyrene: Other : Moulding Powder

Tariff HSN

Description

Polystyrene: Other : Other

Tariff HSN

Description

Styrene-acrylonitrile (SAN) copolymers

Tariff HSN

Description

Acrylonitrile-butadine-styrene (ABS) copolymers

Tariff HSN

Description

Other : Copolymers, solely of styrene with allyl alcohol, of any acetyl value of 175 or more

Tariff HSN

Description

Other : Brominated polystyrene, containing by weight 58% or more but not more than 71% of bromine, in one of the forms mentioned in Note 6(b) to this Chapter

Tariff HSN

Description

Other : Other

India’s Trade Performance — HSN Sub-Chapter 3903 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

₹698 Cr

−4.01% vs FY 2023-24

0.0188% of India’s total exports

India’s Imports

FY 2024-25

₹4,583 Cr

+28.98% vs FY 2023-24

0.0752% of India’s total imports

Trade Balance

FY 2024-25

−₹3,885 Cr

Trade Deficit

Surplus rank #1091 of 1233 subchapters

% of Chapter 39

FY 2024-25

1.01%

Share of Chapter 39’s total exports in FY 2024-25

Import side: 2.45% of Chapter 39’s imports

Rank Within Chapter 39

FY 2024-25

#18 of 26

Position by export value among subchapters in Chapter 39

Import-side rank: #12 of 26

At a glance

0.22%

Export CAGR

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

#455

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+92.60%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.01%

Contribution to Ch. 39

Share of Chapter 39 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 3903

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 #365

Balance

−1,876.21

Exports

688.80 ₹ Cr

0.0300% share

YoY

1.23% of Ch. 39

Imports

2,565.01 ₹ Cr

0.0714% share

YoY

2.41% of Ch. 39

FY 2019-20 Exp. Rank #424

Balance

−1,550.19

Exports

468.61 ₹ Cr

0.0212% share

−31.97% YoY

0.96% of Ch. 39

Imports

2,018.80 ₹ Cr

0.0602% share

−21.29% YoY

2.01% of Ch. 39

FY 2020-21 Exp. Rank #531

Balance

−2,007.84

Exports

295.86 ₹ Cr

0.0138% share

−36.86% YoY

0.58% of Ch. 39

Imports

2,303.70 ₹ Cr

0.0791% share

+14.11% YoY

2.34% of Ch. 39

FY 2021-22 Exp. Rank #452

Balance

−3,103.27

Exports

569.83 ₹ Cr

0.0182% share

+92.60% YoY

0.84% of Ch. 39

Imports

3,673.10 ₹ Cr

0.0804% share

+59.44% YoY

2.46% of Ch. 39

FY 2022-23 Exp. Rank #497

Balance

−3,556.06

Exports

533.50 ₹ Cr

0.0147% share

−6.38% YoY

0.87% of Ch. 39

Imports

4,089.56 ₹ Cr

0.0711% share

+11.34% YoY

2.20% of Ch. 39

FY 2023-24 Exp. Rank #436

Balance

−2,826.00

Exports

727.13 ₹ Cr

0.0201% share

+36.29% YoY

1.19% of Ch. 39

Imports

3,553.13 ₹ Cr

0.0633% share

−13.12% YoY

1.97% of Ch. 39

FY 2024-25 Exp. Rank #455

Balance

−3,885.02

Exports

697.94 ₹ Cr

0.0188% share

−4.01% YoY

1.01% of Ch. 39

Imports

4,582.96 ₹ Cr

0.0752% share

+28.98% YoY

2.45% of Ch. 39

CAGR · 7-Year

Exports

0.22% /yr

Imports

10.16% /yr

Consistently Deficit
Chapter 39 total

reference, FY 2024-25

Export

₹69,000.07 Cr

Import

₹1,86,903.34 Cr

Trade Balance

−1,17,903.27

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

Key Trade Insights: HSN Sub-Chapter 3903 Export-Import Analysis

Consistent Export Growth: 0.22% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 3903 have grown at a compound annual rate of 0.22% over 7 fiscal years, rising from ₹688.80 Crore in FY 2018-19 to ₹697.94 Crore in FY 2024-25.

HSN Sub-Chapter 3903 Ranked #455 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 3903 ranks #455 out of 1233 subchapters by total export value. Within Chapter 39, it ranks #18 of 26. By trade surplus, it ranks #1091 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 3903 Exports

The strongest single-year export movement for HSN Sub-Chapter 3903 was recorded in FY 2021-22, when exports surged by 92.60% over the prior year.

India Records a Trade Deficit of ₹3,885.02 Crore in HSN Sub-Chapter 3903 Goods

In FY 2024-25, India's imports of ₹4,582.96 Cr exceeded exports of ₹697.94 Cr, resulting in a trade deficit of ₹3,885.02 Crore — ranking #1091 of 1233 by surplus magnitude.

Import Growth of 10.16% CAGR Signals Rising Demand for Polymers of styrene, primary forms

India's imports under HSN Sub-Chapter 3903 have grown at 10.16% CAGR, reaching ₹4,582.96 Crore in FY 2024-25.

HSN Sub-Chapter 3903 Contributes 1.01% of Chapter 39 Exports — Ranked #18

Among the 26 subchapters under Chapter 39, HSN Sub-Chapter 3903 ranks #18 by export value — accounting for 1.01% of the chapter's total exports in FY 2024-25. On the import side, it holds 2.45% share (rank #12).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 3903 and GST compliance.

What products are classified under HSN 3903

It includes Polymers of styrene, primary forms

Does packaging or branding change how GST applies to Polymers of styrene, primary forms?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Polymers of styrene, primary forms 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.

How should I document Polymers of styrene, primary forms sent for job work?

Use a delivery challan for sending Polymers of styrene, primary forms to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.

How are warranty replacements of Polymers of styrene, primary forms handled?

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.

Any special steps when selling Polymers of styrene, primary forms 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.

Can I claim ITC on inputs and services used for Polymers of styrene, primary forms?

If your outward supply of Polymers of styrene, 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.

Is the composition scheme suitable if I mainly trade Polymers of styrene, primary forms?

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.

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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