HSN Code 29012100: Unsaturated | Ethylene

HSN Code 29012100 represents Unsaturated | Ethylene under GST classification. This code helps businesses identify Unsaturated | Ethylene correctly for billing, taxation, and trade. With HSN Code 29012100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Unsaturated | Ethylene.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 29012100

HSN Code 29012100 relates to the following description.

Description of Goods

Unsaturated : Ethylene

Chapter

29 - Organic chemicals

Sub Chapter

2901 - Acyclic hydrocarbons

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29012100 not include?

Unsaturated | Ethylene does not include products with the following descriptions.

India’s Trade Performance — HSN Code 29012100 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

₹124 Cr

−51.33% vs FY 2023-24

0.0034% of India’s total exports

India’s Imports

FY 2024-25

₹570 Cr

+9.23% vs FY 2023-24

0.0094% of India’s total imports

Trade Balance

FY 2024-25

−₹446 Cr

Trade Deficit

Surplus rank #11824 of 12657 HSN codes

% of Sub-Chapter 2901

FY 2024-25

5.89%

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

Import side: 7.05% of Sub-Chapter 2901’s imports

Rank Within Sub-Chapter 2901

FY 2024-25

#2 of 10

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

Import-side rank: #3 of 10

At a glance

−33.24%

Export CAGR

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

#2387

National Export Rank

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

+45.55%

Peak Growth Year

FY 2021-22 · strongest single-year move

5.89%

Contribution to Sub-Ch. 2901

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

India Export-Import Trade Statistics for HSN Code 29012100

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 #229

Balance

+900.68

Exports

1,406.72 ₹ Cr

0.0616% share

— YoY

48.82% of Sub-Ch. 2901

Imports

506.04 ₹ Cr

0.0141% share

— YoY

6.54% of Sub-Ch. 2901

FY 2019-20 Exp. Rank #417

Balance

+366.72

Exports

799.55 ₹ Cr

0.0363% share

−43.16% YoY

37.83% of Sub-Ch. 2901

Imports

432.83 ₹ Cr

0.0129% share

−14.47% YoY

7.40% of Sub-Ch. 2901

FY 2020-21 Exp. Rank #600

Balance

+291.86

Exports

577.12 ₹ Cr

0.0268% share

−27.82% YoY

33.02% of Sub-Ch. 2901

Imports

285.26 ₹ Cr

0.0098% share

−34.09% YoY

4.95% of Sub-Ch. 2901

FY 2021-22 Exp. Rank #535

Balance

+341.90

Exports

839.97 ₹ Cr

0.0268% share

+45.55% YoY

24.01% of Sub-Ch. 2901

Imports

498.07 ₹ Cr

0.0109% share

+74.60% YoY

6.67% of Sub-Ch. 2901

FY 2022-23 Exp. Rank #1302

Balance

−550.50

Exports

308.37 ₹ Cr

0.0085% share

−63.29% YoY

21.91% of Sub-Ch. 2901

Imports

858.87 ₹ Cr

0.0149% share

+72.44% YoY

7.59% of Sub-Ch. 2901

FY 2023-24 Exp. Rank #1531

Balance

−266.46

Exports

255.78 ₹ Cr

0.0071% share

−17.05% YoY

16.39% of Sub-Ch. 2901

Imports

522.24 ₹ Cr

0.0093% share

−39.19% YoY

6.48% of Sub-Ch. 2901

FY 2024-25 Exp. Rank #2387

Balance

−445.96

Exports

124.49 ₹ Cr

0.0034% share

−51.33% YoY

5.89% of Sub-Ch. 2901

Imports

570.45 ₹ Cr

0.0094% share

+9.23% YoY

7.05% of Sub-Ch. 2901

CAGR · 7-Year

Exports

−33.24% /yr

Imports

2.02% /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 29012100 Export-Import Analysis

Export Decline: −33.24% CAGR Over 7 Years

India's exports under HSN Code 29012100 have declined at a compound annual rate of −33.24% over 7 fiscal years, falling from ₹1,406.72 Crore in FY 2018-19 to ₹124.49 Crore in FY 2024-25.

HSN Code 29012100 Ranked #2387 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29012100 ranks #2387 out of 12657 HSN codes by total export value. Within Sub-Chapter 2901, it ranks #2 of 10. By trade surplus, it ranks #11824 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 29012100 Exports

The strongest single-year export movement for HSN Code 29012100 was recorded in FY 2021-22, when exports surged by 45.55% over the prior year.

India Records a Trade Deficit of ₹445.96 Crore in HSN Code 29012100 Goods

In FY 2024-25, India's imports of ₹570.45 Cr exceeded exports of ₹124.49 Cr, resulting in a trade deficit of ₹445.96 Crore — ranking #11824 of 12657 by surplus magnitude.

Import Growth of 2.02% CAGR Signals Stable Import Dependency for Unsaturated | Ethylene

India's imports under HSN Code 29012100 have grown at 2.02% CAGR, reaching ₹570.45 Crore in FY 2024-25.

HSN Code 29012100 Contributes 5.89% of Sub-Chapter 2901 Exports — Ranked #2

Among the 10 HSN codes under Sub-Chapter 2901, HSN Code 29012100 ranks #2 by export value — accounting for 5.89% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 7.05% share (rank #3).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 29012100 and GST compliance.

What products are classified under HSN 29012100 ?

It includes Unsaturated | Ethylene

Any common misclassification issue with Unsaturated / Ethylene?

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

Can we claim ITC on inputs used to trade Unsaturated / Ethylene?

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

Do e‑way bill and e‑invoice apply for Unsaturated / Ethylene?

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.

How should mixed supplies be billed when Unsaturated / Ethylene is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Unsaturated / Ethylene; Nil for exempt items if applicable).

How much GST applies to Unsaturated / Ethylene?

Under HSN 29012100, Unsaturated / Ethylene 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.