HSN Code 29024400: Xylenes | Mixed Xylene Isomers

HSN Code 29024400 represents Xylenes | Mixed Xylene Isomers under GST classification. This code helps businesses identify Xylenes | Mixed Xylene Isomers correctly for billing, taxation, and trade. With HSN Code 29024400, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Xylenes | Mixed Xylene Isomers.

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Description of Goods for HSN Code 29024400

HSN Code 29024400 relates to the following description.

Description of Goods

Xylenes : Mixed xylene isomers

Chapter

29 - Organic chemicals

Sub Chapter

2902 - Cyclic hydrocarbons

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29024400 not include?

Xylenes | Mixed Xylene Isomers does not include products with the following descriptions.

India’s Trade Performance — HSN Code 29024400 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

−38.41% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+73.58% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #4552 of 12657 HSN codes

% of Sub-Chapter 2902

FY 2024-25

0.01%

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

Import side: 0.00% of Sub-Chapter 2902’s imports

Rank Within Sub-Chapter 2902

FY 2024-25

#15 of 20

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

Import-side rank: #15 of 20

At a glance

−19.19%

Export CAGR

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

#7664

National Export Rank

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

+192.98%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.01%

Contribution to Sub-Ch. 2902

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

India Export-Import Trade Statistics for HSN Code 29024400

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 #5494

Balance

+2.35

Exports

6.68 ₹ Cr

0.0003% share

— YoY

0.02% of Sub-Ch. 2902

Imports

4.33 ₹ Cr

0.0001% share

— YoY

0.02% of Sub-Ch. 2902

FY 2019-20 Exp. Rank #6477

Balance

+1.58

Exports

2.97 ₹ Cr

0.0001% share

−55.54% YoY

0.01% of Sub-Ch. 2902

Imports

1.39 ₹ Cr

0.0000% share

−67.90% YoY

0.01% of Sub-Ch. 2902

FY 2020-21 Exp. Rank #6446

Balance

+0.37

Exports

3.30 ₹ Cr

0.0002% share

+11.11% YoY

0.02% of Sub-Ch. 2902

Imports

2.93 ₹ Cr

0.0001% share

+110.79% YoY

0.03% of Sub-Ch. 2902

FY 2021-22 Exp. Rank #8489

Balance

−0.03

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−82.73% YoY

0.00% of Sub-Ch. 2902

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−79.52% YoY

0.00% of Sub-Ch. 2902

FY 2022-23 Exp. Rank #7625

Balance

−16.98

Exports

1.67 ₹ Cr

0.0000% share

+192.98% YoY

0.01% of Sub-Ch. 2902

Imports

18.65 ₹ Cr

0.0003% share

+3,008.33% YoY

0.08% of Sub-Ch. 2902

FY 2023-24 Exp. Rank #7129

Balance

+2.49

Exports

3.02 ₹ Cr

0.0001% share

+80.84% YoY

0.02% of Sub-Ch. 2902

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−97.16% YoY

0.00% of Sub-Ch. 2902

FY 2024-25 Exp. Rank #7664

Balance

+0.94

Exports

1.86 ₹ Cr

0.0001% share

−38.41% YoY

0.01% of Sub-Ch. 2902

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+73.58% YoY

0.00% of Sub-Ch. 2902

CAGR · 7-Year

Exports

−19.19% /yr

Imports

−22.75% /yr

Consistently Surplus
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 29024400 Export-Import Analysis

Export Decline: −19.19% CAGR Over 7 Years

India's exports under HSN Code 29024400 have declined at a compound annual rate of −19.19% over 7 fiscal years, falling from ₹6.68 Crore in FY 2018-19 to ₹1.86 Crore in FY 2024-25.

HSN Code 29024400 Ranked #7664 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29024400 ranks #7664 out of 12657 HSN codes by total export value. Within Sub-Chapter 2902, it ranks #15 of 20. By trade surplus, it ranks #4552 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 29024400 Exports

The strongest single-year export movement for HSN Code 29024400 was recorded in FY 2022-23, when exports surged by 192.98% over the prior year.

India Maintains a Trade Surplus of ₹0.94 Crore in HSN Code 29024400 Goods

In FY 2024-25, India's exports of ₹1.86 Cr exceeded imports of ₹0.92 Cr, resulting in a trade surplus of ₹0.94 Crore — ranking #4552 of 12657 by surplus magnitude.

Import Growth of −22.75% CAGR Signals Stable Import Dependency for Xylenes | Mixed Xylene Isomers

India's imports under HSN Code 29024400 have grown at −22.75% CAGR, reaching ₹0.92 Crore in FY 2024-25.

HSN Code 29024400 Contributes 0.01% of Sub-Chapter 2902 Exports — Ranked #15

Among the 20 HSN codes under Sub-Chapter 2902, HSN Code 29024400 ranks #15 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #15).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29024400 and GST compliance.

What products are classified under HSN 29024400 ?

It includes Xylenes | Mixed Xylene Isomers

How much GST applies to Xylenes / Mixed Xylene Isomers?

Under HSN 29024400, Xylenes / Mixed Xylene Isomers attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Xylenes / Mixed Xylene Isomers?

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 Xylenes / Mixed Xylene Isomers?

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

Any common misclassification issue with Xylenes / Mixed Xylene Isomers?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

How should mixed supplies be billed when Xylenes / Mixed Xylene Isomers is sold with other items?

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

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.