HSN Code 29011000: Saturated Hydrocarbons

HSN Code 29011000 represents Saturated Hydrocarbons under GST classification. This code helps businesses identify Saturated Hydrocarbons correctly for billing, taxation, and trade. With HSN Code 29011000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Saturated Hydrocarbons.

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Description of Goods for HSN Code 29011000

HSN Code 29011000 relates to the following description.

Description of Goods

ACYCLIC HYDROCARBONS : Saturated

Chapter

29 - Organic chemicals

Sub Chapter

2901 - Acyclic hydrocarbons

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29011000 not include?

Saturated Hydrocarbons does not include products with the following descriptions.

India’s Trade Performance — HSN Code 29011000 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹123 Cr

+27.06% vs FY 2023-24

0.0033% of India’s total exports

India’s Imports

FY 2024-25

₹5,539 Cr

+2.77% vs FY 2023-24

0.0912% of India’s total imports

Trade Balance

FY 2024-25

−₹5,417 Cr

Trade Deficit

Surplus rank #12564 of 12657 HSN codes

% of Sub-Chapter 2901

FY 2024-25

5.82%

Share of Sub-Chapter 2901’s total exports in FY 2024-25

Import side: 68.43% of Sub-Chapter 2901’s imports

Rank Within Sub-Chapter 2901

FY 2024-25

#3 of 10

Position by export value among HSN codes in Sub-Chapter 2901

Import-side rank: #1 of 10

At a glance

3.89%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#2410

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+401.67%

Peak Growth Year

FY 2021-22 · strongest single-year move

5.82%

Contribution to Sub-Ch. 2901

Share of Sub-Chapter 2901 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 29011000

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #2049

Balance

−5,443.84

Exports

97.70 ₹ Cr

0.0043% share

— YoY

3.39% of Sub-Ch. 2901

Imports

5,541.54 ₹ Cr

0.1546% share

— YoY

71.64% of Sub-Ch. 2901

FY 2019-20 Exp. Rank #1746

Balance

−3,989.01

Exports

126.99 ₹ Cr

0.0058% share

+29.98% YoY

6.01% of Sub-Ch. 2901

Imports

4,116.00 ₹ Cr

0.1229% share

−25.72% YoY

70.40% of Sub-Ch. 2901

FY 2020-21 Exp. Rank #973

Balance

−3,955.54

Exports

318.64 ₹ Cr

0.0148% share

+150.92% YoY

18.23% of Sub-Ch. 2901

Imports

4,274.18 ₹ Cr

0.1467% share

+3.84% YoY

74.21% of Sub-Ch. 2901

FY 2021-22 Exp. Rank #306

Balance

−3,896.73

Exports

1,598.52 ₹ Cr

0.0509% share

+401.67% YoY

45.69% of Sub-Ch. 2901

Imports

5,495.25 ₹ Cr

0.1202% share

+28.57% YoY

73.58% of Sub-Ch. 2901

FY 2022-23 Exp. Rank #2715

Balance

−8,123.71

Exports

88.33 ₹ Cr

0.0024% share

−94.47% YoY

6.28% of Sub-Ch. 2901

Imports

8,212.04 ₹ Cr

0.1428% share

+49.44% YoY

72.60% of Sub-Ch. 2901

FY 2023-24 Exp. Rank #2624

Balance

−5,293.69

Exports

96.70 ₹ Cr

0.0027% share

+9.48% YoY

6.19% of Sub-Ch. 2901

Imports

5,390.39 ₹ Cr

0.0960% share

−34.36% YoY

66.90% of Sub-Ch. 2901

FY 2024-25 Exp. Rank #2410

Balance

−5,416.62

Exports

122.87 ₹ Cr

0.0033% share

+27.06% YoY

5.82% of Sub-Ch. 2901

Imports

5,539.49 ₹ Cr

0.0912% share

+2.77% YoY

68.43% of Sub-Ch. 2901

CAGR · 7-Year

Exports

3.89% /yr

Imports

−0.01% /yr

Consistently Deficit
Sub-Chapter 2901 total

reference, FY 2024-25

Export

₹2,112.50 Cr

Import

₹8,095.09 Cr

Trade Balance

−5,982.59

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 29011000 Export-Import Analysis

Consistent Export Growth: 3.89% CAGR Over 7 Years

India's exports under HSN Code 29011000 have grown at a compound annual rate of 3.89% over 7 fiscal years, rising from ₹97.70 Crore in FY 2018-19 to ₹122.87 Crore in FY 2024-25.

HSN Code 29011000 Ranked #2410 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29011000 ranks #2410 out of 12657 HSN codes by total export value. Within Sub-Chapter 2901, it ranks #3 of 10. By trade surplus, it ranks #12564 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 29011000 Exports

The strongest single-year export movement for HSN Code 29011000 was recorded in FY 2021-22, when exports surged by 401.67% over the prior year.

India Records a Trade Deficit of ₹5,416.62 Crore in HSN Code 29011000 Goods

In FY 2024-25, India's imports of ₹5,539.49 Cr exceeded exports of ₹122.87 Cr, resulting in a trade deficit of ₹5,416.62 Crore — ranking #12564 of 12657 by surplus magnitude.

Import Growth of −0.01% CAGR Signals Stable Import Dependency for Saturated Hydrocarbons

India's imports under HSN Code 29011000 have grown at −0.01% CAGR, reaching ₹5,539.49 Crore in FY 2024-25.

HSN Code 29011000 Contributes 5.82% of Sub-Chapter 2901 Exports — Ranked #3

Among the 10 HSN codes under Sub-Chapter 2901, HSN Code 29011000 ranks #3 by export value — accounting for 5.82% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 68.43% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29011000 and GST compliance.

What products are classified under HSN 29011000 ?

It includes Saturated Hydrocarbons

Do e‑way bill and e‑invoice apply for Saturated Hydrocarbons?

e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.

Any common misclassification issue with Saturated Hydrocarbons?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Does packaging or labelling change the GST for Saturated Hydrocarbons?

For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.

Can we claim ITC on inputs used to trade Saturated Hydrocarbons?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

How much GST applies to Saturated Hydrocarbons?

Under HSN 29011000, Saturated Hydrocarbons attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.