Export Decline: −9.77% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 3915 have declined at a compound annual rate of −9.77% over 7 fiscal years, falling from ₹29.42 Crore in FY 2018-19 to ₹15.88 Crore in FY 2024-25.
HSN Sub Chapter 3915 represents Plastic waste, parings, scrap under GST classification. This code helps businesses identify Plastic waste, parings, scrap correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 3915, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Plastic waste, parings, scrap.
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GST Rate for Plastic waste, parings, scrap under HSN Code 3915. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Plastic waste, parings, scrap.
Tariff HSN
Description
Of polymers of ethylene
Tariff HSN
Description
Of polymers of styrene
Tariff HSN
Description
Of polymers of vinyl chloride: Of copolymers of vinyl chloride
Tariff HSN
Description
Of polymers of vinyl chloride: Other
Tariff HSN
Description
Of other plastics : Of polypropylene
Tariff HSN
Description
Of other plastics :Of polymers of vinyl acetate : Of copolymers of vinyl acetate
Tariff HSN
Description
Of other plastics :Of polymers of vinyl acetate : Other
Tariff HSN
Description
Of other plastics : Of acrylic polymers and methlyacrylic copolymers
Tariff HSN
Description
Of other plastics : Of alkyds, polyesters and epoxide resins : Of alkyds and polyesters
Tariff HSN
Description
Of other plastics : Of alkyds, polyesters and epoxide resins : Of pet bottles
Tariff HSN
Description
Of other plastics : Of alkyds, polyesters and epoxide resins : Of epoxide resins
Tariff HSN
Description
Of other plastics : Of polyamides
Tariff HSN
Description
Of other plastics : Of amino resins; phenolic resins and polyurethanes : Of phenoplast
Tariff HSN
Description
Of other plastics : Of amino resins; phenolic resins and polyurethanes : Of aminoplast
Tariff HSN
Description
Of other plastics : Of amino resins; phenolic resins and polyurethanes : Of polyurethanes
Tariff HSN
Description
Of other plastics : Of cellulose and its chemical derivatives:Of regenerated cellulose
Tariff HSN
Description
Of other plastics : Of cellulose and its chemical derivatives: Cellulose plastic waste such as cellulose nitrate film scrap non-plasticised
Tariff HSN
Description
Of other plastics : Of cellulose and its chemical derivatives: Cellulose plastic waste such as cellulose nitrate film scrap plasticised
Tariff HSN
Description
Of other plastics : Of cellulose and its chemical derivatives: Cellulose plastic waste such as cellulose acetatc film scrap non-plasticised
Tariff HSN
Description
Of other plastics : Of cellulose and its chemical derivatives: Cellulose plastic waste such as cellulose acetatc film scrap plasticised
Tariff HSN
Description
Others
Tariff HSN
Description
Of other plastics : Other
India’s Exports
FY 2024-25₹16 Cr
0.0004% of India’s total exports
India’s Imports
FY 2024-25₹206 Cr
0.0034% of India’s total imports
Trade Balance
FY 2024-25−₹190 Cr
Surplus rank #773 of 1233 subchapters
% of Chapter 39
FY 2024-250.02%
Share of Chapter 39’s total exports in FY 2024-25
Import side: 0.11% of Chapter 39’s imports
Rank Within Chapter 39
FY 2024-25#26 of 26
Position by export value among subchapters in Chapter 39
Import-side rank: #26 of 26
At a glance
−9.77%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1018
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+96.88%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.02%
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
−458.69
Exports
29.42 ₹ Cr
0.0013% share
— YoY
0.05% of Ch. 39
Imports
488.11 ₹ Cr
0.0136% share
— YoY
0.46% of Ch. 39
Balance
−232.07
Exports
23.82 ₹ Cr
0.0011% share
−19.03% YoY
0.05% of Ch. 39
Imports
255.89 ₹ Cr
0.0076% share
−47.58% YoY
0.25% of Ch. 39
Balance
+17.02
Exports
24.03 ₹ Cr
0.0011% share
+0.88% YoY
0.05% of Ch. 39
Imports
7.01 ₹ Cr
0.0002% share
−97.26% YoY
0.01% of Ch. 39
Balance
−191.21
Exports
47.31 ₹ Cr
0.0015% share
+96.88% YoY
0.07% of Ch. 39
Imports
238.52 ₹ Cr
0.0052% share
+3,302.57% YoY
0.16% of Ch. 39
Balance
−240.60
Exports
32.05 ₹ Cr
0.0009% share
−32.26% YoY
0.05% of Ch. 39
Imports
272.65 ₹ Cr
0.0047% share
+14.31% YoY
0.15% of Ch. 39
Balance
−200.78
Exports
16.54 ₹ Cr
0.0005% share
−48.39% YoY
0.03% of Ch. 39
Imports
217.32 ₹ Cr
0.0039% share
−20.29% YoY
0.12% of Ch. 39
Balance
−190.15
Exports
15.88 ₹ Cr
0.0004% share
−3.99% YoY
0.02% of Ch. 39
Imports
206.03 ₹ Cr
0.0034% share
−5.20% YoY
0.11% of Ch. 39
CAGR · 7-Year
Exports
−9.77% /yr
Imports
−13.39% /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 3915 have declined at a compound annual rate of −9.77% over 7 fiscal years, falling from ₹29.42 Crore in FY 2018-19 to ₹15.88 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 3915 ranks #1018 out of 1233 subchapters by total export value. Within Chapter 39, it ranks #26 of 26. By trade surplus, it ranks #773 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 3915 was recorded in FY 2021-22, when exports surged by 96.88% over the prior year.
In FY 2024-25, India's imports of ₹206.03 Cr exceeded exports of ₹15.88 Cr, resulting in a trade deficit of ₹190.15 Crore — ranking #773 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 3915 have grown at −13.39% CAGR, reaching ₹206.03 Crore in FY 2024-25.
Among the 26 subchapters under Chapter 39, HSN Sub-Chapter 3915 ranks #26 by export value — accounting for 0.02% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.11% share (rank #26).
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 3915 and GST compliance.
It includes Plastic waste, parings, scrap
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Plastic waste, parings, scrap 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.
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.
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.
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 Plastic waste, parings, scrap 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.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Plastic waste, parings, scrap are forward charge. Check the current notifications for any special cases before deciding.