HSN Code 29012910: Unsaturated : Other : Acetylene, whether or not in dissolved condition

HSN Code 29012910 represents Unsaturated : Other : Acetylene, whether or not in dissolved condition under GST classification. This code helps businesses identify Unsaturated : Other : Acetylene, whether or not in dissolved condition correctly for billing, taxation, and trade. With HSN Code 29012910, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Unsaturated : Other : Acetylene, whether or not in dissolved condition.

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Description of Goods for HSN Code 29012910

HSN Code 29012910 relates to the following description.

Description of Goods

Unsaturated : Other : Acetylene, whether or not in dissolved condition

Chapter

29 - Organic chemicals

Sub Chapter

2901 - Acyclic hydrocarbons

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29012910 not include?

Unsaturated : Other : Acetylene, whether or not in dissolved condition does not include products with the following descriptions.

India’s Trade Performance — HSN Code 29012910 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 Cr

+146.55% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹8 Cr

+13.03% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹7 Cr

Trade Deficit

Surplus rank #8811 of 12657 HSN codes

% of Sub-Chapter 2901

FY 2024-25

0.07%

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

Import side: 0.10% of Sub-Chapter 2901’s imports

Rank Within Sub-Chapter 2901

FY 2024-25

#7 of 10

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

Import-side rank: #7 of 10

At a glance

−8.14%

Export CAGR

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

#7908

National Export Rank

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

+146.55%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.07%

Contribution to Sub-Ch. 2901

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

India Export-Import Trade Statistics for HSN Code 29012910

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 #6760

Balance

+1.87

Exports

2.38 ₹ Cr

0.0001% share

— YoY

0.08% of Sub-Ch. 2901

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Sub-Ch. 2901

FY 2019-20 Exp. Rank #6654

Balance

+1.87

Exports

2.58 ₹ Cr

0.0001% share

+8.40% YoY

0.12% of Sub-Ch. 2901

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+39.22% YoY

0.01% of Sub-Ch. 2901

FY 2020-21 Exp. Rank #7114

Balance

−0.23

Exports

1.77 ₹ Cr

0.0001% share

−31.40% YoY

0.10% of Sub-Ch. 2901

Imports

2.00 ₹ Cr

0.0001% share

+181.69% YoY

0.03% of Sub-Ch. 2901

FY 2021-22 Exp. Rank #6906

Balance

−4.72

Exports

2.98 ₹ Cr

0.0001% share

+68.36% YoY

0.09% of Sub-Ch. 2901

Imports

7.70 ₹ Cr

0.0002% share

+285.00% YoY

0.10% of Sub-Ch. 2901

FY 2022-23 Exp. Rank #7110

Balance

−3.38

Exports

2.70 ₹ Cr

0.0001% share

−9.40% YoY

0.19% of Sub-Ch. 2901

Imports

6.08 ₹ Cr

0.0001% share

−21.04% YoY

0.05% of Sub-Ch. 2901

FY 2023-24 Exp. Rank #8681

Balance

−6.79

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−78.52% YoY

0.04% of Sub-Ch. 2901

Imports

7.37 ₹ Cr

0.0001% share

+21.22% YoY

0.09% of Sub-Ch. 2901

FY 2024-25 Exp. Rank #7908

Balance

−6.90

Exports

1.43 ₹ Cr

0.0000% share

+146.55% YoY

0.07% of Sub-Ch. 2901

Imports

8.33 ₹ Cr

0.0001% share

+13.03% YoY

0.10% of Sub-Ch. 2901

CAGR · 7-Year

Exports

−8.14% /yr

Imports

59.29% /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 29012910 Export-Import Analysis

Export Decline: −8.14% CAGR Over 7 Years

India's exports under HSN Code 29012910 have declined at a compound annual rate of −8.14% over 7 fiscal years, falling from ₹2.38 Crore in FY 2018-19 to ₹1.43 Crore in FY 2024-25.

HSN Code 29012910 Ranked #7908 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29012910 ranks #7908 out of 12657 HSN codes by total export value. Within Sub-Chapter 2901, it ranks #7 of 10. By trade surplus, it ranks #8811 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 29012910 Exports

The strongest single-year export movement for HSN Code 29012910 was recorded in FY 2024-25, when exports surged by 146.55% over the prior year.

India Records a Trade Deficit of ₹6.90 Crore in HSN Code 29012910 Goods

In FY 2024-25, India's imports of ₹8.33 Cr exceeded exports of ₹1.43 Cr, resulting in a trade deficit of ₹6.90 Crore — ranking #8811 of 12657 by surplus magnitude.

Import Growth of 59.29% CAGR Signals Rising Demand for Unsaturated : Other : Acetylene, whether or not in dissolved condition

India's imports under HSN Code 29012910 have grown at 59.29% CAGR, reaching ₹8.33 Crore in FY 2024-25.

HSN Code 29012910 Contributes 0.07% of Sub-Chapter 2901 Exports — Ranked #7

Among the 10 HSN codes under Sub-Chapter 2901, HSN Code 29012910 ranks #7 by export value — accounting for 0.07% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.10% share (rank #7).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29012910 and GST compliance.

What products are classified under HSN 29012910 ?

It includes Unsaturated : Other : Acetylene, whether or not in dissolved condition

Does packaging or labelling change the GST for Unsaturated : Other : Acetylene, whether or not in dissolved condition?

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.

How should mixed supplies be billed when Unsaturated : Other : Acetylene, whether or not in dissolved condition is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Unsaturated : Other : Acetylene, whether or not in dissolved condition; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Unsaturated : Other : Acetylene, whether or not in dissolved condition?

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 : Other : Acetylene, whether or not in dissolved condition?

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 Unsaturated : Other : Acetylene, whether or not in dissolved condition?

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

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.