Consistent Export Growth: 1.91% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 3916 have grown at a compound annual rate of 1.91% over 7 fiscal years, rising from ₹385.28 Crore in FY 2018-19 to ₹431.61 Crore in FY 2024-25.
HSN Sub Chapter 3916 represents Plastic monofilament products under GST classification. This code helps businesses identify Plastic monofilament products correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 3916, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Plastic monofilament products.
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GST Rate for Plastic monofilament products under HSN Code 3916. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Plastic monofilament products.
Tariff HSN
Description
Of polymers of ethylene: Rods of polyethylene
Tariff HSN
Description
Of polymers of ethylene: Canes
Tariff HSN
Description
Of polymers of ethylene: Other
Tariff HSN
Description
Of polymers of vinyl chloride: Of poly (vinyl chloride) copolymers : Canes
Tariff HSN
Description
Of polymers of vinyl chloride: Of poly (vinyl chloride) copolymers : Other
Tariff HSN
Description
Of polymers of vinyl chloride: Other: Canes
Tariff HSN
Description
Of polymers of vinyl chloride: Other : Other
Tariff HSN
Description
Of other plastics : Canes
Tariff HSN
Description
Of other plastics : Of phenoplast, aminoplast, alkyds and Polyesters, polyamides, polyurethanes, epoxide-resins (including waste and scrap), polypropylene and acrylic, methacrylic and acrylomethacrylic polymers : Of phenoplast
Tariff HSN
Description
Of other plastics : Of phenoplast, aminoplast, alkyds and Polyesters, polyamides, polyurethanes, epoxide-resins (including waste and scrap), polypropylene and acrylic, methacrylic and acrylomethacrylic polymers : Of aminoplast
Tariff HSN
Description
Of other plastics : Of phenoplast, aminoplast, alkyds and Polyesters, polyamides, polyurethanes, epoxide-resins (including waste and scrap), polypropylene and acrylic, methacrylic and acrylomethacrylic polymers : Of alkyds and polysters
Tariff HSN
Description
Of other plastics : Of phenoplast, aminoplast, alkyds and Polyesters, polyamides, polyurethanes, epoxide-resins (including waste and scrap), polypropylene and acrylic, methacrylic and acrylomethacrylic polymers : Of polyamides
Tariff HSN
Description
Of other plastics : Of phenoplast, aminoplast, alkyds and Polyesters, polyamides, polyurethanes, epoxide-resins (including waste and scrap), polypropylene and acrylic, methacrylic and acrylomethacrylic polymers : Of polyurethanes
Tariff HSN
Description
Of other plastics : Of phenoplast, aminoplast, alkyds and Polyesters, polyamides, polyurethanes, epoxide-resins (including waste and scrap), polypropylene and acrylic, methacrylic and acrylomethacrylic polymers : Of epoxide-resins (including waste and scrap)
Tariff HSN
Description
Of other plastics : Of phenoplast, aminoplast, alkyds and Polyesters, polyamides, polyurethanes, epoxide-resins (including waste and scrap), polypropylene and acrylic, methacrylic and acrylomethacrylic polymers : Of polypropylene
Tariff HSN
Description
Of other plastics : Of phenoplast, aminoplast, alkyds and Polyesters, polyamides, polyurethanes, epoxide-resins (including waste and scrap), polypropylene and acrylic, methacrylic and acrylomethacrylic polymers : Of acrylicmethacrylic and acrylomethacrylic polymers
Tariff HSN
Description
Of other plastics : Of polymerisation and copolymerisation products of polystyrene and polymethyl methacrylate : Of polymerisation and copolymerisation products of polystyrene
Tariff HSN
Description
Of other plastics : Of polymerisation and copolymerisation products of polystyrene and polymethyl methacrylate : Of polymethyl methacrylate
Tariff HSN
Description
Of other plastics : Of regenerated cellulose
Tariff HSN
Description
Of other plastics : Of cellulose nitrate and celluloid, whether or not plasticized
Tariff HSN
Description
Of other plastics : Of vulcanized fibre
Tariff HSN
Description
Of other plastics : Of cellulose acetate and acetate butyrate, whether or not plasticized
Tariff HSN
Description
Of other plastics : Of vinyl plastic
Tariff HSN
Description
Of other plastics : Of other polymerisation and copolymerisation products
India’s Exports
FY 2024-25₹432 Cr
0.0117% of India’s total exports
India’s Imports
FY 2024-25₹1,207 Cr
0.0198% of India’s total imports
Trade Balance
FY 2024-25−₹775 Cr
Surplus rank #929 of 1233 subchapters
% of Chapter 39
FY 2024-250.63%
Share of Chapter 39’s total exports in FY 2024-25
Import side: 0.65% of Chapter 39’s imports
Rank Within Chapter 39
FY 2024-25#23 of 26
Position by export value among subchapters in Chapter 39
Import-side rank: #19 of 26
At a glance
1.91%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#563
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+71.75%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.63%
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
−58.51
Exports
385.28 ₹ Cr
0.0168% share
— YoY
0.69% of Ch. 39
Imports
443.79 ₹ Cr
0.0124% share
— YoY
0.42% of Ch. 39
Balance
−155.47
Exports
276.00 ₹ Cr
0.0125% share
−28.36% YoY
0.56% of Ch. 39
Imports
431.47 ₹ Cr
0.0129% share
−2.78% YoY
0.43% of Ch. 39
Balance
−122.02
Exports
262.53 ₹ Cr
0.0122% share
−4.88% YoY
0.51% of Ch. 39
Imports
384.55 ₹ Cr
0.0132% share
−10.87% YoY
0.39% of Ch. 39
Balance
−189.42
Exports
450.90 ₹ Cr
0.0144% share
+71.75% YoY
0.67% of Ch. 39
Imports
640.32 ₹ Cr
0.0140% share
+66.51% YoY
0.43% of Ch. 39
Balance
−398.71
Exports
446.89 ₹ Cr
0.0123% share
−0.89% YoY
0.73% of Ch. 39
Imports
845.60 ₹ Cr
0.0147% share
+32.06% YoY
0.46% of Ch. 39
Balance
−636.31
Exports
374.25 ₹ Cr
0.0103% share
−16.25% YoY
0.61% of Ch. 39
Imports
1,010.56 ₹ Cr
0.0180% share
+19.51% YoY
0.56% of Ch. 39
Balance
−775.33
Exports
431.61 ₹ Cr
0.0117% share
+15.33% YoY
0.63% of Ch. 39
Imports
1,206.94 ₹ Cr
0.0198% share
+19.43% YoY
0.65% of Ch. 39
CAGR · 7-Year
Exports
1.91% /yr
Imports
18.15% /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 3916 have grown at a compound annual rate of 1.91% over 7 fiscal years, rising from ₹385.28 Crore in FY 2018-19 to ₹431.61 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 3916 ranks #563 out of 1233 subchapters by total export value. Within Chapter 39, it ranks #23 of 26. By trade surplus, it ranks #929 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 3916 was recorded in FY 2021-22, when exports surged by 71.75% over the prior year.
In FY 2024-25, India's imports of ₹1,206.94 Cr exceeded exports of ₹431.61 Cr, resulting in a trade deficit of ₹775.33 Crore — ranking #929 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 3916 have grown at 18.15% CAGR, reaching ₹1,206.94 Crore in FY 2024-25.
Among the 26 subchapters under Chapter 39, HSN Sub-Chapter 3916 ranks #23 by export value — accounting for 0.63% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.65% share (rank #19).
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 3916 and GST compliance.
It includes Plastic monofilament products
Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.
If your outward supply of Plastic monofilament products 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.
Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.
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.
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.