HSN Code 29012990: Unsaturated | Other

HSN Code 29012990 represents Unsaturated | Other under GST classification. This code helps businesses identify Unsaturated | Other correctly for billing, taxation, and trade. With HSN Code 29012990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Unsaturated | Other.

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 29012990

HSN Code 29012990 relates to the following description.

Description of Goods

Unsaturated : Other : Other

Chapter

29 - Organic chemicals

Sub Chapter

2901 - Acyclic hydrocarbons

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29012990 not include?

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

India’s Trade Performance — HSN Code 29012990 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

₹44 Cr

+42.81% vs FY 2023-24

0.0012% of India’s total exports

India’s Imports

FY 2024-25

₹1,182 Cr

−3.48% vs FY 2023-24

0.0195% of India’s total imports

Trade Balance

FY 2024-25

−₹1,139 Cr

Trade Deficit

Surplus rank #12253 of 12657 HSN codes

% of Sub-Chapter 2901

FY 2024-25

2.07%

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

Import side: 14.61% of Sub-Chapter 2901’s imports

Rank Within Sub-Chapter 2901

FY 2024-25

#4 of 10

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

Import-side rank: #2 of 10

At a glance

20.67%

Export CAGR

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

#3804

National Export Rank

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

+222.90%

Peak Growth Year

FY 2020-21 · strongest single-year move

2.07%

Contribution to Sub-Ch. 2901

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

India Export-Import Trade Statistics for HSN Code 29012990

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 #4555

Balance

−1,163.54

Exports

14.19 ₹ Cr

0.0006% share

— YoY

0.49% of Sub-Ch. 2901

Imports

1,177.73 ₹ Cr

0.0329% share

— YoY

15.23% of Sub-Ch. 2901

FY 2019-20 Exp. Rank #4722

Balance

−1,071.12

Exports

12.49 ₹ Cr

0.0006% share

−11.98% YoY

0.59% of Sub-Ch. 2901

Imports

1,083.61 ₹ Cr

0.0324% share

−7.99% YoY

18.53% of Sub-Ch. 2901

FY 2020-21 Exp. Rank #3248

Balance

−668.89

Exports

40.33 ₹ Cr

0.0019% share

+222.90% YoY

2.31% of Sub-Ch. 2901

Imports

709.22 ₹ Cr

0.0243% share

−34.55% YoY

12.31% of Sub-Ch. 2901

FY 2021-22 Exp. Rank #4152

Balance

−677.96

Exports

27.45 ₹ Cr

0.0009% share

−31.94% YoY

0.78% of Sub-Ch. 2901

Imports

705.41 ₹ Cr

0.0154% share

−0.54% YoY

9.45% of Sub-Ch. 2901

FY 2022-23 Exp. Rank #5252

Balance

−1,089.00

Exports

13.31 ₹ Cr

0.0004% share

−51.51% YoY

0.95% of Sub-Ch. 2901

Imports

1,102.31 ₹ Cr

0.0192% share

+56.27% YoY

9.75% of Sub-Ch. 2901

FY 2023-24 Exp. Rank #4211

Balance

−1,194.24

Exports

30.67 ₹ Cr

0.0008% share

+130.43% YoY

1.96% of Sub-Ch. 2901

Imports

1,224.91 ₹ Cr

0.0218% share

+11.12% YoY

15.20% of Sub-Ch. 2901

FY 2024-25 Exp. Rank #3804

Balance

−1,138.53

Exports

43.80 ₹ Cr

0.0012% share

+42.81% YoY

2.07% of Sub-Ch. 2901

Imports

1,182.33 ₹ Cr

0.0195% share

−3.48% YoY

14.61% of Sub-Ch. 2901

CAGR · 7-Year

Exports

20.67% /yr

Imports

0.07% /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 29012990 Export-Import Analysis

Consistent Export Growth: 20.67% CAGR Over 7 Years

India's exports under HSN Code 29012990 have grown at a compound annual rate of 20.67% over 7 fiscal years, rising from ₹14.19 Crore in FY 2018-19 to ₹43.80 Crore in FY 2024-25.

HSN Code 29012990 Ranked #3804 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29012990 ranks #3804 out of 12657 HSN codes by total export value. Within Sub-Chapter 2901, it ranks #4 of 10. By trade surplus, it ranks #12253 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 29012990 Exports

The strongest single-year export movement for HSN Code 29012990 was recorded in FY 2020-21, when exports surged by 222.90% over the prior year.

India Records a Trade Deficit of ₹1,138.53 Crore in HSN Code 29012990 Goods

In FY 2024-25, India's imports of ₹1,182.33 Cr exceeded exports of ₹43.80 Cr, resulting in a trade deficit of ₹1,138.53 Crore — ranking #12253 of 12657 by surplus magnitude.

Import Growth of 0.07% CAGR Signals Stable Import Dependency for Unsaturated | Other

India's imports under HSN Code 29012990 have grown at 0.07% CAGR, reaching ₹1,182.33 Crore in FY 2024-25.

HSN Code 29012990 Contributes 2.07% of Sub-Chapter 2901 Exports — Ranked #4

Among the 10 HSN codes under Sub-Chapter 2901, HSN Code 29012990 ranks #4 by export value — accounting for 2.07% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 14.61% share (rank #2).

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 29012990 and GST compliance.

What products are classified under HSN 29012990 ?

It includes Unsaturated | Other

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.

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.

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.

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 much GST applies to Unsaturated / Other?

Under HSN 29012990, Unsaturated / Other 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.