HSN Code 29024100: Xylenes | O-Xylene

HSN Code 29024100 represents Xylenes | O-Xylene under GST classification. This code helps businesses identify Xylenes | O-Xylene correctly for billing, taxation, and trade. With HSN Code 29024100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Xylenes | O-Xylene.

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Description of Goods for HSN Code 29024100

HSN Code 29024100 relates to the following description.

Description of Goods

Xylenes : o-Xylene

Chapter

29 - Organic chemicals

Sub Chapter

2902 - Cyclic hydrocarbons

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29024100 not include?

Xylenes | O-Xylene does not include products with the following descriptions.

India’s Trade Performance — HSN Code 29024100 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

₹20 Cr

−81.75% vs FY 2023-24

0.0006% of India’s total exports

India’s Imports

FY 2024-25

₹2,227 Cr

+277.01% vs FY 2023-24

0.0367% of India’s total imports

Trade Balance

FY 2024-25

−₹2,207 Cr

Trade Deficit

Surplus rank #12436 of 12657 HSN codes

% of Sub-Chapter 2902

FY 2024-25

0.13%

Share of Sub-Chapter 2902’s total exports in FY 2024-25

Import side: 7.87% of Sub-Chapter 2902’s imports

Rank Within Sub-Chapter 2902

FY 2024-25

#12 of 20

Position by export value among HSN codes in Sub-Chapter 2902

Import-side rank: #4 of 20

At a glance

−49.53%

Export CAGR

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

#4850

National Export Rank

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

+26.73%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.13%

Contribution to Sub-Ch. 2902

Share of Sub-Chapter 2902 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 29024100

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 #266

Balance

+1,072.70

Exports

1,227.34 ₹ Cr

0.0537% share

— YoY

4.12% of Sub-Ch. 2902

Imports

154.64 ₹ Cr

0.0043% share

— YoY

0.77% of Sub-Ch. 2902

FY 2019-20 Exp. Rank #324

Balance

+909.88

Exports

1,009.50 ₹ Cr

0.0459% share

−17.75% YoY

4.19% of Sub-Ch. 2902

Imports

99.62 ₹ Cr

0.0030% share

−35.58% YoY

0.65% of Sub-Ch. 2902

FY 2020-21 Exp. Rank #271

Balance

+1,166.25

Exports

1,279.34 ₹ Cr

0.0595% share

+26.73% YoY

6.57% of Sub-Ch. 2902

Imports

113.09 ₹ Cr

0.0039% share

+13.52% YoY

1.01% of Sub-Ch. 2902

FY 2021-22 Exp. Rank #331

Balance

+1,367.69

Exports

1,482.21 ₹ Cr

0.0472% share

+15.86% YoY

4.70% of Sub-Ch. 2902

Imports

114.52 ₹ Cr

0.0025% share

+1.26% YoY

0.66% of Sub-Ch. 2902

FY 2022-23 Exp. Rank #470

Balance

+585.27

Exports

1,080.59 ₹ Cr

0.0298% share

−27.10% YoY

4.69% of Sub-Ch. 2902

Imports

495.32 ₹ Cr

0.0086% share

+332.52% YoY

2.10% of Sub-Ch. 2902

FY 2023-24 Exp. Rank #2442

Balance

−479.60

Exports

111.19 ₹ Cr

0.0031% share

−89.71% YoY

0.75% of Sub-Ch. 2902

Imports

590.79 ₹ Cr

0.0105% share

+19.27% YoY

2.44% of Sub-Ch. 2902

FY 2024-25 Exp. Rank #4850

Balance

−2,207.03

Exports

20.29 ₹ Cr

0.0006% share

−81.75% YoY

0.13% of Sub-Ch. 2902

Imports

2,227.32 ₹ Cr

0.0367% share

+277.01% YoY

7.87% of Sub-Ch. 2902

CAGR · 7-Year

Exports

−49.53% /yr

Imports

55.98% /yr

Consistently Deficit
Sub-Chapter 2902 total

reference, FY 2024-25

Export

₹15,292.99 Cr

Import

₹28,314.70 Cr

Trade Balance

−13,021.71

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 29024100 Export-Import Analysis

Export Decline: −49.53% CAGR Over 7 Years

India's exports under HSN Code 29024100 have declined at a compound annual rate of −49.53% over 7 fiscal years, falling from ₹1,227.34 Crore in FY 2018-19 to ₹20.29 Crore in FY 2024-25.

HSN Code 29024100 Ranked #4850 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29024100 ranks #4850 out of 12657 HSN codes by total export value. Within Sub-Chapter 2902, it ranks #12 of 20. By trade surplus, it ranks #12436 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 29024100 Exports

The strongest single-year export movement for HSN Code 29024100 was recorded in FY 2020-21, when exports surged by 26.73% over the prior year.

India Records a Trade Deficit of ₹2,207.03 Crore in HSN Code 29024100 Goods

In FY 2024-25, India's imports of ₹2,227.32 Cr exceeded exports of ₹20.29 Cr, resulting in a trade deficit of ₹2,207.03 Crore — ranking #12436 of 12657 by surplus magnitude.

Import Growth of 55.98% CAGR Signals Rising Demand for Xylenes | O-Xylene

India's imports under HSN Code 29024100 have grown at 55.98% CAGR, reaching ₹2,227.32 Crore in FY 2024-25.

HSN Code 29024100 Contributes 0.13% of Sub-Chapter 2902 Exports — Ranked #12

Among the 20 HSN codes under Sub-Chapter 2902, HSN Code 29024100 ranks #12 by export value — accounting for 0.13% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 7.87% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29024100 and GST compliance.

What products are classified under HSN 29024100 ?

It includes Xylenes | O-Xylene

Does packaging or labelling change the GST for Xylenes / O-Xylene?

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 Xylenes / O-Xylene?

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 Xylenes / O-Xylene is sold with other items?

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

Do e‑way bill and e‑invoice apply for Xylenes / O-Xylene?

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 much GST applies to Xylenes / O-Xylene?

Under HSN 29024100, Xylenes / O-Xylene 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.