HSN Code 29012400: Unsaturated| Buta-1,3-Diene, Isoprene

HSN Code 29012400 represents Unsaturated| Buta-1,3-Diene, Isoprene under GST classification. This code helps businesses identify Unsaturated| Buta-1,3-Diene, Isoprene correctly for billing, taxation, and trade. With HSN Code 29012400, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Unsaturated| Buta-1,3-Diene, Isoprene.

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Description of Goods for HSN Code 29012400

HSN Code 29012400 relates to the following description.

Description of Goods

Unsaturated : Buta-1,3-diene and isoprene

Chapter

29 - Organic chemicals

Sub Chapter

2901 - Acyclic hydrocarbons

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29012400 not include?

Unsaturated| Buta-1,3-Diene, Isoprene does not include products with the following descriptions.

India’s Trade Performance — HSN Code 29012400 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

₹1,798 Cr

+76.35% vs FY 2023-24

0.0489% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+65.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹1,798 Cr

Trade Surplus

Surplus rank #214 of 12657 HSN codes

% of Sub-Chapter 2901

FY 2024-25

85.13%

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

Import side: 0.01% of Sub-Chapter 2901’s imports

Rank Within Sub-Chapter 2901

FY 2024-25

#1 of 10

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

Import-side rank: #10 of 10

At a glance

7.91%

Export CAGR

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

#311

National Export Rank

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

+76.35%

Peak Growth Year

FY 2024-25 · strongest single-year move

85.13%

Contribution to Sub-Ch. 2901

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

India Export-Import Trade Statistics for HSN Code 29012400

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 #287

Balance

+1,125.26

Exports

1,138.89 ₹ Cr

0.0498% share

— YoY

39.53% of Sub-Ch. 2901

Imports

13.63 ₹ Cr

0.0004% share

— YoY

0.18% of Sub-Ch. 2901

FY 2019-20 Exp. Rank #315

Balance

+1,038.34

Exports

1,039.16 ₹ Cr

0.0472% share

−8.76% YoY

49.17% of Sub-Ch. 2901

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−93.98% YoY

0.01% of Sub-Ch. 2901

FY 2020-21 Exp. Rank #490

Balance

+721.64

Exports

722.72 ₹ Cr

0.0336% share

−30.45% YoY

41.35% of Sub-Ch. 2901

Imports

1.08 ₹ Cr

0.0000% share

+31.71% YoY

0.02% of Sub-Ch. 2901

FY 2021-22 Exp. Rank #506

Balance

+897.48

Exports

898.86 ₹ Cr

0.0286% share

+24.37% YoY

25.69% of Sub-Ch. 2901

Imports

1.38 ₹ Cr

0.0000% share

+27.78% YoY

0.02% of Sub-Ch. 2901

FY 2022-23 Exp. Rank #569

Balance

+771.92

Exports

864.24 ₹ Cr

0.0239% share

−3.85% YoY

61.41% of Sub-Ch. 2901

Imports

92.32 ₹ Cr

0.0016% share

+6,589.86% YoY

0.82% of Sub-Ch. 2901

FY 2023-24 Exp. Rank #504

Balance

+1,019.41

Exports

1,019.81 ₹ Cr

0.0282% share

+18.00% YoY

65.33% of Sub-Ch. 2901

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−99.57% YoY

0.01% of Sub-Ch. 2901

FY 2024-25 Exp. Rank #311

Balance

+1,797.74

Exports

1,798.40 ₹ Cr

0.0489% share

+76.35% YoY

85.13% of Sub-Ch. 2901

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+65.00% YoY

0.01% of Sub-Ch. 2901

CAGR · 7-Year

Exports

7.91% /yr

Imports

−39.63% /yr

Consistently Surplus
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 29012400 Export-Import Analysis

Consistent Export Growth: 7.91% CAGR Over 7 Years

India's exports under HSN Code 29012400 have grown at a compound annual rate of 7.91% over 7 fiscal years, rising from ₹1,138.89 Crore in FY 2018-19 to ₹1,798.40 Crore in FY 2024-25.

HSN Code 29012400 Ranked #311 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29012400 ranks #311 out of 12657 HSN codes by total export value. Within Sub-Chapter 2901, it ranks #1 of 10. By trade surplus, it ranks #214 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 29012400 Exports

The strongest single-year export movement for HSN Code 29012400 was recorded in FY 2024-25, when exports surged by 76.35% over the prior year.

India Maintains a Trade Surplus of ₹1,797.74 Crore in HSN Code 29012400 Goods

In FY 2024-25, India's exports of ₹1,798.40 Cr exceeded imports of ₹0.66 Cr, resulting in a trade surplus of ₹1,797.74 Crore — ranking #214 of 12657 by surplus magnitude.

Import Growth of −39.63% CAGR Signals Stable Import Dependency for Unsaturated| Buta-1,3-Diene, Isoprene

India's imports under HSN Code 29012400 have grown at −39.63% CAGR, reaching ₹0.66 Crore in FY 2024-25.

HSN Code 29012400 Contributes 85.13% of Sub-Chapter 2901 Exports — Ranked #1

Among the 10 HSN codes under Sub-Chapter 2901, HSN Code 29012400 ranks #1 by export value — accounting for 85.13% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #10).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29012400 and GST compliance.

What products are classified under HSN 29012400 ?

It includes Unsaturated| Buta-1,3-Diene, Isoprene

How much GST applies to Unsaturated/ Buta-1,3-Diene, Isoprene?

Under HSN 29012400, Unsaturated/ Buta-1,3-Diene, Isoprene attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Unsaturated/ Buta-1,3-Diene, Isoprene?

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/ Buta-1,3-Diene, Isoprene is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Unsaturated/ Buta-1,3-Diene, Isoprene; Nil for exempt items if applicable).

Any common misclassification issue with Unsaturated/ Buta-1,3-Diene, Isoprene?

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/ Buta-1,3-Diene, Isoprene?

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

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.