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 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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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.
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 Exports
FY 2024-25₹698 Cr
0.0188% of India’s total exports
India’s Imports
FY 2024-25₹4,583 Cr
0.0752% of India’s total imports
Trade Balance
FY 2024-25−₹3,885 Cr
Surplus rank #1091 of 1233 subchapters
% of Chapter 39
FY 2024-251.01%
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
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
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
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
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
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
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
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
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
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 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.
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.
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.
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.
India's imports under HSN Sub-Chapter 3903 have grown at 10.16% CAGR, reaching ₹4,582.96 Crore in FY 2024-25.
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).
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 3903 and GST compliance.
It includes 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.
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.
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.
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.
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.
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.