HSN Code 29012920: Unsaturated| Heptene (Heptylene)

HSN Code 29012920 represents Unsaturated| Heptene (Heptylene) under GST classification. This code helps businesses identify Unsaturated| Heptene (Heptylene) correctly for billing, taxation, and trade. With HSN Code 29012920, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Unsaturated| Heptene (Heptylene).

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Description of Goods for HSN Code 29012920

HSN Code 29012920 relates to the following description.

Description of Goods

Unsaturated : Other : Heptene (Heptylene)

Chapter

29 - Organic chemicals

Sub Chapter

2901 - Acyclic hydrocarbons

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29012920 not include?

Unsaturated| Heptene (Heptylene) does not include products with the following descriptions.

India’s Trade Performance — HSN Code 29012920 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 Crore

−96.49% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹41 Cr

−21.34% vs FY 2023-24

0.0007% of India’s total imports

Trade Balance

FY 2024-25

−₹41 Cr

Trade Deficit

Surplus rank #10093 of 12657 HSN codes

% of Sub-Chapter 2901

FY 2024-25

0.00%

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

Import side: 0.51% of Sub-Chapter 2901’s imports

Rank Within Sub-Chapter 2901

FY 2024-25

#8 of 10

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

Import-side rank: #6 of 10

At a glance

0.00%

Export CAGR

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

#10305

National Export Rank

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

+1,040.00%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.00%

Contribution to Sub-Ch. 2901

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

India Export-Import Trade Statistics for HSN Code 29012920

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 #9774

Balance

−34.72

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2901

Imports

34.74 ₹ Cr

0.0010% share

— YoY

0.45% of Sub-Ch. 2901

FY 2019-20 Exp. Rank #8846

Balance

−61.38

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+900.00% YoY

0.01% of Sub-Ch. 2901

Imports

61.58 ₹ Cr

0.0018% share

+77.26% YoY

1.05% of Sub-Ch. 2901

FY 2020-21 Exp. Rank #9985

Balance

−42.83

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−95.00% YoY

0.00% of Sub-Ch. 2901

Imports

42.84 ₹ Cr

0.0015% share

−30.43% YoY

0.74% of Sub-Ch. 2901

FY 2021-22 Exp. Rank #10198

Balance

−56.42

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.00% of Sub-Ch. 2901

Imports

56.43 ₹ Cr

0.0012% share

+31.72% YoY

0.76% of Sub-Ch. 2901

FY 2022-23 Exp. Rank #9890

Balance

−57.75

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+400.00% YoY

0.00% of Sub-Ch. 2901

Imports

57.80 ₹ Cr

0.0010% share

+2.43% YoY

0.51% of Sub-Ch. 2901

FY 2023-24 Exp. Rank #8695

Balance

−51.72

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+1,040.00% YoY

0.04% of Sub-Ch. 2901

Imports

52.29 ₹ Cr

0.0009% share

−9.53% YoY

0.65% of Sub-Ch. 2901

FY 2024-25 Exp. Rank #10305

Balance

−41.11

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−96.49% YoY

0.00% of Sub-Ch. 2901

Imports

41.13 ₹ Cr

0.0007% share

−21.34% YoY

0.51% of Sub-Ch. 2901

CAGR · 7-Year

Exports

0.00% /yr

Imports

2.85% /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 29012920 Export-Import Analysis

Consistent Export Growth: 0.00% CAGR Over 7 Years

India's exports under HSN Code 29012920 have grown at a compound annual rate of 0.00% over 7 fiscal years, rising from ₹0.02 Crore in FY 2018-19 to ₹0.02 Crore in FY 2024-25.

HSN Code 29012920 Ranked #10305 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29012920 ranks #10305 out of 12657 HSN codes by total export value. Within Sub-Chapter 2901, it ranks #8 of 10. By trade surplus, it ranks #10093 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 29012920 Exports

The strongest single-year export movement for HSN Code 29012920 was recorded in FY 2023-24, when exports surged by 1,040.00% over the prior year.

India Records a Trade Deficit of ₹41.11 Crore in HSN Code 29012920 Goods

In FY 2024-25, India's imports of ₹41.13 Cr exceeded exports of ₹0.02 Cr, resulting in a trade deficit of ₹41.11 Crore — ranking #10093 of 12657 by surplus magnitude.

Import Growth of 2.85% CAGR Signals Stable Import Dependency for Unsaturated| Heptene (Heptylene)

India's imports under HSN Code 29012920 have grown at 2.85% CAGR, reaching ₹41.13 Crore in FY 2024-25.

HSN Code 29012920 Contributes 0.00% of Sub-Chapter 2901 Exports — Ranked #8

Among the 10 HSN codes under Sub-Chapter 2901, HSN Code 29012920 ranks #8 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.51% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29012920 and GST compliance.

What products are classified under HSN 29012920 ?

It includes Unsaturated| Heptene (Heptylene)

Does packaging or labelling change the GST for Unsaturated/ Heptene (Heptylene)?

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 Unsaturated/ Heptene (Heptylene)?

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/ Heptene (Heptylene)?

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/ Heptene (Heptylene) is sold with other items?

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

Any common misclassification issue with Unsaturated/ Heptene (Heptylene)?

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.