HSN Code 29012940: Unsaturated | Other

HSN Code 29012940 represents Unsaturated | Other under GST classification. This code helps businesses identify Unsaturated | Other correctly for billing, taxation, and trade. With HSN Code 29012940, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Unsaturated | Other.

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Description of Goods for HSN Code 29012940

HSN Code 29012940 relates to the following description.

Description of Goods

Unsaturated : Other : Tetradecene

Chapter

29 - Organic chemicals

Sub Chapter

2901 - Acyclic hydrocarbons

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29012940 not include?

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

India’s Trade Performance — HSN Code 29012940 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

₹2 Cr

+20.56% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹424 Cr

−20.41% vs FY 2023-24

0.0070% of India’s total imports

Trade Balance

FY 2024-25

−₹422 Cr

Trade Deficit

Surplus rank #11792 of 12657 HSN codes

% of Sub-Chapter 2901

FY 2024-25

0.10%

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

Import side: 5.24% of Sub-Chapter 2901’s imports

Rank Within Sub-Chapter 2901

FY 2024-25

#6 of 10

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

Import-side rank: #4 of 10

At a glance

#7521

National Export Rank

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

+181.25%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.10%

Contribution to Sub-Ch. 2901

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

India Export-Import Trade Statistics for HSN Code 29012940

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

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2901

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2901

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2901

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2901

FY 2020-21

Balance

−240.85

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2901

Imports

240.85 ₹ Cr

0.0083% share

— YoY

4.18% of Sub-Ch. 2901

FY 2021-22 Exp. Rank #8170

Balance

−258.95

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.02% of Sub-Ch. 2901

Imports

259.76 ₹ Cr

0.0057% share

+7.85% YoY

3.48% of Sub-Ch. 2901

FY 2022-23 Exp. Rank #8483

Balance

−556.10

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−20.99% YoY

0.05% of Sub-Ch. 2901

Imports

556.74 ₹ Cr

0.0097% share

+114.33% YoY

4.92% of Sub-Ch. 2901

FY 2023-24 Exp. Rank #7679

Balance

−531.15

Exports

1.80 ₹ Cr

0.0000% share

+181.25% YoY

0.12% of Sub-Ch. 2901

Imports

532.95 ₹ Cr

0.0095% share

−4.27% YoY

6.61% of Sub-Ch. 2901

FY 2024-25 Exp. Rank #7521

Balance

−421.99

Exports

2.17 ₹ Cr

0.0001% share

+20.56% YoY

0.10% of Sub-Ch. 2901

Imports

424.16 ₹ Cr

0.0070% share

−20.41% YoY

5.24% of Sub-Ch. 2901

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 29012940 Export-Import Analysis

Export Snapshot for HSN Code 29012940

India exported ₹2.17 Crore worth of Unsaturated | Other in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 29012940 Ranked #7521 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29012940 ranks #7521 out of 12657 HSN codes by total export value. Within Sub-Chapter 2901, it ranks #6 of 10. By trade surplus, it ranks #11792 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 29012940 Exports

The strongest single-year export movement for HSN Code 29012940 was recorded in FY 2023-24, when exports surged by 181.25% over the prior year.

India Records a Trade Deficit of ₹421.99 Crore in HSN Code 29012940 Goods

In FY 2024-25, India's imports of ₹424.16 Cr exceeded exports of ₹2.17 Cr, resulting in a trade deficit of ₹421.99 Crore — ranking #11792 of 12657 by surplus magnitude.

HSN Code 29012940 Contributes 0.10% of Sub-Chapter 2901 Exports — Ranked #6

Among the 10 HSN codes under Sub-Chapter 2901, HSN Code 29012940 ranks #6 by export value — accounting for 0.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.24% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29012940 and GST compliance.

What products are classified under HSN 29012940 ?

It includes Unsaturated | Other

How much GST applies to Unsaturated / Other?

Under HSN 29012940, Unsaturated / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Unsaturated / Other?

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.

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

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.

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

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

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

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

Any common misclassification issue with Unsaturated / Other?

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.