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Export HS Code 39159042 (Of alkyds, polyesters and epoxide resins: Of PET Bottles) to Sri Lanka

HS Code Details

Code39159042
DescriptionOf alkyds, polyesters and epoxide resins: Of PET Bottles
Chapter39
SectionVII β€” Plastics & Rubber
Duty RatePreferential rate may apply

πŸ‡±πŸ‡° Sri Lanka

CapitalColombo
CurrencySri Lankan Rupee
RegionSouthern Asia
India Export Rank#27
Trade AgreementSAFTA, APTA

India–Sri Lanka Trade Data for HS 3915

India exported $134.5K worth of of alkyds, polyesters and epoxide resins: of pet bottles (HS 3915) to Sri Lanka in 2024. This represents a 864.2% increase from 2023.

Export Trend (USD)

2023
$14.0K
2024
$134.5K

Exporting Of alkyds, polyesters and epoxide resins: Of PET Bottles to Sri Lanka

Trade Agreement Benefit: India and Sri Lanka have a SAFTA, APTA which may offer preferential duty rates for this product category. Apply for a Certificate of Origin to claim reduced tariffs.

Exporting of alkyds, polyesters and epoxide resins: of pet bottles (HS Code 39159042) from India to Sri Lanka requires attention to documentation, packaging standards, and customs regulations. Indian exporters should ensure compliance with both DGFT export regulations and Sri Lanka's import requirements.

Key considerations include proper classification under HS 39159042, accurate valuation, and meeting any product-specific standards or certifications required by Sri Lanka. Payment terms commonly used include Letter of Credit (L/C), Documents against Payment (D/P), and advance payment.

Shipping from India to Sri Lanka typically takes 5–15 days by sea, depending on the port of origin and destination. Major Indian ports serving this route include JNPT (Mumbai), Mundra, and Chennai.

Documentation Required

Commercial Invoice

Detailed invoice with buyer/seller details, product description, quantity, price, and Incoterms.

Packing List

Itemized list of contents, weights, dimensions, and package markings for each shipment unit.

Bill of Lading / Airway Bill

Transport document issued by the carrier confirming receipt of goods for shipment.

Certificate of Origin

Certifies that goods originate from India. Required for preferential tariff treatment under trade agreements.

Shipping Bill

Filed with Indian Customs for export clearance. Generated through ICEGATE.

Letter of Credit / Bank Documents

Payment guarantee instrument. Commonly used for first-time trade partners.

Insurance Certificate

Proof of marine/cargo insurance covering the shipment against loss or damage.

Related HS Codes in Chapter 39

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Export Of alkyds, polyesters and epoxide resins: Of PET Bottles to Sri Lanka with XIMPEX

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