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HSN Code 29012990: Other Unsaturated Acyclic Hydrocarbons

HSN Code 29012990 represents Other Unsaturated Acyclic Hydrocarbons under GST classification. This code helps businesses identify Other Unsaturated Acyclic Hydrocarbons 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 Other Unsaturated Acyclic Hydrocarbons.

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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?

Other Unsaturated Acyclic Hydrocarbons does not include products with the following descriptions.

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India’s Trade Performance — HSN Code 29012990 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹59 Cr

+35.32% vs FY 2024-25

0.0015% of India’s total exports

India’s Imports

FY 2025-26

₹1,452 Cr

+22.78% vs FY 2024-25

0.0212% of India’s total imports

Trade Balance

FY 2025-26

−₹1,392 Cr

Trade Deficit

Surplus rank #12430 of 12872 HSN codes

% of Sub-Chapter 2901

FY 2025-26

4.21%

Share of Sub-Chapter 2901’s total exports in FY 2025-26

Import side: 15.84% of Sub-Chapter 2901’s imports

Rank Within Sub-Chapter 2901

FY 2025-26

#4 of 10

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

Import-side rank: #2 of 10

At a glance

22.66%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#3531

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+222.90%

Peak Growth Year

FY 2020-21 · strongest single-year move

4.21%

Contribution to Sub-Ch. 2901

Share of Sub-Chapter 2901 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 29012990

8-year export and import data, FY 2018-19 to FY 2025-26, 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

FY 2025-26 Exp. Rank #3531

Balance

−1,392.43

Exports

59.27 ₹ Cr

0.0015% share

+35.32% YoY

4.21% of Sub-Ch. 2901

Imports

1,451.70 ₹ Cr

0.0212% share

+22.78% YoY

15.84% of Sub-Ch. 2901

CAGR · 8-Year

Exports

22.66% /yr

Imports

3.03% /yr

Consistently Deficit
Sub-Chapter 2901 total

reference, FY 2025-26

Export

₹1,407.05 Cr

Import

₹9,164.62 Cr

Trade Balance

−7,757.57

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: 22.66% CAGR Over 8 Years

India's exports under HSN Code 29012990 have grown at a compound annual rate of 22.66% over 8 fiscal years, rising from ₹14.19 Crore in FY 2018-19 to ₹59.27 Crore in FY 2025-26.

HSN Code 29012990 Ranked #3531 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 29012990 ranks #3531 out of 12872 HSN codes by total export value. Within Sub-Chapter 2901, it ranks #4 of 10. By trade surplus, it ranks #12430 of 12872.

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 ₹1,392.43 Crore in HSN Code 29012990 Goods

In FY 2025-26, India's imports of ₹1,451.70 Cr exceeded exports of ₹59.27 Cr, resulting in a trade deficit of ₹1,392.43 Crore — ranking #12430 of 12872 by surplus magnitude.

Import Growth of 3.03% CAGR Signals Stable Import Dependency for Other Unsaturated Acyclic Hydrocarbons

India's imports under HSN Code 29012990 have grown at 3.03% CAGR, reaching ₹1,451.70 Crore in FY 2025-26.

HSN Code 29012990 Contributes 4.21% 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 4.21% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 15.84% share (rank #2).

Frequently Asked Questions

Clear answers to common queries about HSN Code 29012990 and GST compliance.

What products are classified under HSN 29012990 ?

It includes Other Unsaturated Acyclic Hydrocarbons

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.

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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.