Consistent Export Growth: 10.27% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 3911 have grown at a compound annual rate of 10.27% over 7 fiscal years, rising from ₹395.80 Crore in FY 2018-19 to ₹711.71 Crore in FY 2024-25.
HSN Sub Chapter 3911 represents Petroleum resins under GST classification. This code helps businesses identify Petroleum resins correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 3911, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Petroleum resins.
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GST Rate for Petroleum resins under HSN Code 3911. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Petroleum resins.
Tariff HSN
Description
Petroleum resins, coumarone-indene or coumarone-indene resins and polyterpenes: Coumarone-indene resins
Tariff HSN
Description
Petroleum resins, coumarone-indene or coumarone-indene resins and polyterpenes: Other
Tariff HSN
Description
Poly (1,3-phenylene methylphos-phonate)
Tariff HSN
Description
Other : Polysulphones
Tariff HSN
Description
Other : Other
India’s Exports
FY 2024-25₹712 Cr
0.0192% of India’s total exports
India’s Imports
FY 2024-25₹2,393 Cr
0.0392% of India’s total imports
Trade Balance
FY 2024-25−₹1,681 Cr
Surplus rank #1011 of 1233 subchapters
% of Chapter 39
FY 2024-251.03%
Share of Chapter 39’s total exports in FY 2024-25
Import side: 1.28% of Chapter 39’s imports
Rank Within Chapter 39
FY 2024-25#17 of 26
Position by export value among subchapters in Chapter 39
Import-side rank: #18 of 26
At a glance
10.27%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#449
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+32.62%
Peak Growth Year
FY 2021-22 · strongest single-year move
1.03%
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
−524.89
Exports
395.80 ₹ Cr
0.0172% share
— YoY
0.71% of Ch. 39
Imports
920.69 ₹ Cr
0.0256% share
— YoY
0.86% of Ch. 39
Balance
−603.69
Exports
393.85 ₹ Cr
0.0178% share
−0.49% YoY
0.80% of Ch. 39
Imports
997.54 ₹ Cr
0.0297% share
+8.35% YoY
0.99% of Ch. 39
Balance
−636.76
Exports
475.47 ₹ Cr
0.0221% share
+20.72% YoY
0.93% of Ch. 39
Imports
1,112.23 ₹ Cr
0.0382% share
+11.50% YoY
1.13% of Ch. 39
Balance
−1,049.41
Exports
630.59 ₹ Cr
0.0201% share
+32.62% YoY
0.94% of Ch. 39
Imports
1,680.00 ₹ Cr
0.0368% share
+51.05% YoY
1.13% of Ch. 39
Balance
−1,515.56
Exports
668.43 ₹ Cr
0.0185% share
+6.00% YoY
1.09% of Ch. 39
Imports
2,183.99 ₹ Cr
0.0380% share
+30.00% YoY
1.18% of Ch. 39
Balance
−1,288.92
Exports
842.73 ₹ Cr
0.0233% share
+26.08% YoY
1.38% of Ch. 39
Imports
2,131.65 ₹ Cr
0.0380% share
−2.40% YoY
1.18% of Ch. 39
Balance
−1,680.88
Exports
711.71 ₹ Cr
0.0192% share
−15.55% YoY
1.03% of Ch. 39
Imports
2,392.59 ₹ Cr
0.0392% share
+12.24% YoY
1.28% of Ch. 39
CAGR · 7-Year
Exports
10.27% /yr
Imports
17.25% /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 3911 have grown at a compound annual rate of 10.27% over 7 fiscal years, rising from ₹395.80 Crore in FY 2018-19 to ₹711.71 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 3911 ranks #449 out of 1233 subchapters by total export value. Within Chapter 39, it ranks #17 of 26. By trade surplus, it ranks #1011 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 3911 was recorded in FY 2021-22, when exports surged by 32.62% over the prior year.
In FY 2024-25, India's imports of ₹2,392.59 Cr exceeded exports of ₹711.71 Cr, resulting in a trade deficit of ₹1,680.88 Crore — ranking #1011 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 3911 have grown at 17.25% CAGR, reaching ₹2,392.59 Crore in FY 2024-25.
Among the 26 subchapters under Chapter 39, HSN Sub-Chapter 3911 ranks #17 by export value — accounting for 1.03% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.28% share (rank #18).
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 3911 and GST compliance.
It includes Petroleum resins
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.
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.
Use a delivery challan for sending Petroleum resins 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.
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.
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.