HSN Code 29029040: Other | Napthalene, Pure

HSN Code 29029040 represents Other | Napthalene, Pure under GST classification. This code helps businesses identify Other | Napthalene, Pure correctly for billing, taxation, and trade. With HSN Code 29029040, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Napthalene, Pure.

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Description of Goods for HSN Code 29029040

HSN Code 29029040 relates to the following description.

Description of Goods

Other : Napthalene, pure

Chapter

29 - Organic chemicals

Sub Chapter

2902 - Cyclic hydrocarbons

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29029040 not include?

Other | Napthalene, Pure does not include products with the following descriptions.

India’s Trade Performance — HSN Code 29029040 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

₹33 Cr

−16.66% vs FY 2023-24

0.0009% of India’s total exports

India’s Imports

FY 2024-25

₹278 Cr

+38.07% vs FY 2023-24

0.0046% of India’s total imports

Trade Balance

FY 2024-25

−₹246 Cr

Trade Deficit

Surplus rank #11461 of 12657 HSN codes

% of Sub-Chapter 2902

FY 2024-25

0.21%

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

Import side: 0.98% of Sub-Chapter 2902’s imports

Rank Within Sub-Chapter 2902

FY 2024-25

#11 of 20

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

Import-side rank: #8 of 20

At a glance

66.25%

Export CAGR

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

#4212

National Export Rank

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

+283.39%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.21%

Contribution to Sub-Ch. 2902

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

India Export-Import Trade Statistics for HSN Code 29029040

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 #7216

Balance

−248.28

Exports

1.54 ₹ Cr

0.0001% share

— YoY

0.01% of Sub-Ch. 2902

Imports

249.82 ₹ Cr

0.0070% share

— YoY

1.24% of Sub-Ch. 2902

FY 2019-20 Exp. Rank #5958

Balance

−124.41

Exports

4.60 ₹ Cr

0.0002% share

+198.70% YoY

0.02% of Sub-Ch. 2902

Imports

129.01 ₹ Cr

0.0039% share

−48.36% YoY

0.84% of Sub-Ch. 2902

FY 2020-21 Exp. Rank #5321

Balance

−131.57

Exports

8.37 ₹ Cr

0.0004% share

+81.96% YoY

0.04% of Sub-Ch. 2902

Imports

139.94 ₹ Cr

0.0048% share

+8.47% YoY

1.25% of Sub-Ch. 2902

FY 2021-22 Exp. Rank #3963

Balance

−213.81

Exports

32.09 ₹ Cr

0.0010% share

+283.39% YoY

0.10% of Sub-Ch. 2902

Imports

245.90 ₹ Cr

0.0054% share

+75.72% YoY

1.41% of Sub-Ch. 2902

FY 2022-23 Exp. Rank #3780

Balance

−151.43

Exports

39.92 ₹ Cr

0.0011% share

+24.40% YoY

0.17% of Sub-Ch. 2902

Imports

191.35 ₹ Cr

0.0033% share

−22.18% YoY

0.81% of Sub-Ch. 2902

FY 2023-24 Exp. Rank #3868

Balance

−162.48

Exports

39.01 ₹ Cr

0.0011% share

−2.28% YoY

0.26% of Sub-Ch. 2902

Imports

201.49 ₹ Cr

0.0036% share

+5.30% YoY

0.83% of Sub-Ch. 2902

FY 2024-25 Exp. Rank #4212

Balance

−245.68

Exports

32.51 ₹ Cr

0.0009% share

−16.66% YoY

0.21% of Sub-Ch. 2902

Imports

278.19 ₹ Cr

0.0046% share

+38.07% YoY

0.98% of Sub-Ch. 2902

CAGR · 7-Year

Exports

66.25% /yr

Imports

1.81% /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 29029040 Export-Import Analysis

Consistent Export Growth: 66.25% CAGR Over 7 Years

India's exports under HSN Code 29029040 have grown at a compound annual rate of 66.25% over 7 fiscal years, rising from ₹1.54 Crore in FY 2018-19 to ₹32.51 Crore in FY 2024-25.

HSN Code 29029040 Ranked #4212 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29029040 ranks #4212 out of 12657 HSN codes by total export value. Within Sub-Chapter 2902, it ranks #11 of 20. By trade surplus, it ranks #11461 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 29029040 Exports

The strongest single-year export movement for HSN Code 29029040 was recorded in FY 2021-22, when exports surged by 283.39% over the prior year.

India Records a Trade Deficit of ₹245.68 Crore in HSN Code 29029040 Goods

In FY 2024-25, India's imports of ₹278.19 Cr exceeded exports of ₹32.51 Cr, resulting in a trade deficit of ₹245.68 Crore — ranking #11461 of 12657 by surplus magnitude.

Import Growth of 1.81% CAGR Signals Stable Import Dependency for Other | Napthalene, Pure

India's imports under HSN Code 29029040 have grown at 1.81% CAGR, reaching ₹278.19 Crore in FY 2024-25.

HSN Code 29029040 Contributes 0.21% of Sub-Chapter 2902 Exports — Ranked #11

Among the 20 HSN codes under Sub-Chapter 2902, HSN Code 29029040 ranks #11 by export value — accounting for 0.21% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.98% share (rank #8).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29029040 and GST compliance.

What products are classified under HSN 29029040 ?

It includes Other | Napthalene, Pure

Can we claim ITC on inputs used to trade Other / Napthalene, Pure?

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 Other / Napthalene, Pure?

Under HSN 29029040, Other / Napthalene, Pure attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Other / Napthalene, Pure?

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.

Any common misclassification issue with Other / Napthalene, Pure?

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

Do e‑way bill and e‑invoice apply for Other / Napthalene, Pure?

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.

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.