HSN Code 29029090: Other Cyclic Hydrocarbons

HSN Code 29029090 represents Other Cyclic Hydrocarbons under GST classification. This code helps businesses identify Other Cyclic Hydrocarbons correctly for billing, taxation, and trade. With HSN Code 29029090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Cyclic Hydrocarbons .

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Description of Goods for HSN Code 29029090

HSN Code 29029090 relates to the following description.

Description of Goods

Other :Other

Chapter

29 - Organic chemicals

Sub Chapter

2902 - Cyclic hydrocarbons

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29029090 not include?

Other Cyclic Hydrocarbons does not include products with the following descriptions.

India’s Trade Performance — HSN Code 29029090 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

₹488 Cr

+10.23% vs FY 2023-24

0.0133% of India’s total exports

India’s Imports

FY 2024-25

₹413 Cr

+28.17% vs FY 2023-24

0.0068% of India’s total imports

Trade Balance

FY 2024-25

₹75 Cr

Trade Surplus

Surplus rank #1827 of 12657 HSN codes

% of Sub-Chapter 2902

FY 2024-25

3.19%

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

Import side: 1.46% of Sub-Chapter 2902’s imports

Rank Within Sub-Chapter 2902

FY 2024-25

#3 of 20

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

Import-side rank: #7 of 20

At a glance

7.49%

Export CAGR

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

#1032

National Export Rank

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

+113.39%

Peak Growth Year

FY 2021-22 · strongest single-year move

3.19%

Contribution to Sub-Ch. 2902

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

India Export-Import Trade Statistics for HSN Code 29029090

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 #949

Balance

−1,923.12

Exports

316.28 ₹ Cr

0.0138% share

— YoY

1.06% of Sub-Ch. 2902

Imports

2,239.40 ₹ Cr

0.0625% share

— YoY

11.11% of Sub-Ch. 2902

FY 2019-20 Exp. Rank #1295

Balance

−326.41

Exports

206.15 ₹ Cr

0.0094% share

−34.82% YoY

0.85% of Sub-Ch. 2902

Imports

532.56 ₹ Cr

0.0159% share

−76.22% YoY

3.45% of Sub-Ch. 2902

FY 2020-21 Exp. Rank #1574

Balance

−72.43

Exports

163.31 ₹ Cr

0.0076% share

−20.78% YoY

0.84% of Sub-Ch. 2902

Imports

235.74 ₹ Cr

0.0081% share

−55.73% YoY

2.10% of Sub-Ch. 2902

FY 2021-22 Exp. Rank #1148

Balance

−8.58

Exports

348.48 ₹ Cr

0.0111% share

+113.39% YoY

1.10% of Sub-Ch. 2902

Imports

357.06 ₹ Cr

0.0078% share

+51.46% YoY

2.05% of Sub-Ch. 2902

FY 2022-23 Exp. Rank #912

Balance

+145.66

Exports

513.87 ₹ Cr

0.0142% share

+47.46% YoY

2.23% of Sub-Ch. 2902

Imports

368.21 ₹ Cr

0.0064% share

+3.12% YoY

1.56% of Sub-Ch. 2902

FY 2023-24 Exp. Rank #1061

Balance

+120.15

Exports

442.52 ₹ Cr

0.0122% share

−13.88% YoY

2.98% of Sub-Ch. 2902

Imports

322.37 ₹ Cr

0.0057% share

−12.45% YoY

1.33% of Sub-Ch. 2902

FY 2024-25 Exp. Rank #1032

Balance

+74.60

Exports

487.77 ₹ Cr

0.0133% share

+10.23% YoY

3.19% of Sub-Ch. 2902

Imports

413.17 ₹ Cr

0.0068% share

+28.17% YoY

1.46% of Sub-Ch. 2902

CAGR · 7-Year

Exports

7.49% /yr

Imports

−24.55% /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 29029090 Export-Import Analysis

Consistent Export Growth: 7.49% CAGR Over 7 Years

India's exports under HSN Code 29029090 have grown at a compound annual rate of 7.49% over 7 fiscal years, rising from ₹316.28 Crore in FY 2018-19 to ₹487.77 Crore in FY 2024-25.

HSN Code 29029090 Ranked #1032 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29029090 ranks #1032 out of 12657 HSN codes by total export value. Within Sub-Chapter 2902, it ranks #3 of 20. By trade surplus, it ranks #1827 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 29029090 Exports

The strongest single-year export movement for HSN Code 29029090 was recorded in FY 2021-22, when exports surged by 113.39% over the prior year.

India Maintains a Trade Surplus of ₹74.60 Crore in HSN Code 29029090 Goods

In FY 2024-25, India's exports of ₹487.77 Cr exceeded imports of ₹413.17 Cr, resulting in a trade surplus of ₹74.60 Crore — ranking #1827 of 12657 by surplus magnitude.

Import Growth of −24.55% CAGR Signals Stable Import Dependency for Other Cyclic Hydrocarbons

India's imports under HSN Code 29029090 have grown at −24.55% CAGR, reaching ₹413.17 Crore in FY 2024-25.

HSN Code 29029090 Contributes 3.19% of Sub-Chapter 2902 Exports — Ranked #3

Among the 20 HSN codes under Sub-Chapter 2902, HSN Code 29029090 ranks #3 by export value — accounting for 3.19% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.46% share (rank #7).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29029090 and GST compliance.

What products are classified under HSN 29029090 ?

It includes Other Cyclic Hydrocarbons

Does packaging or labelling change the GST for Other Cyclic Hydrocarbons?

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.

Do e‑way bill and e‑invoice apply for Other Cyclic Hydrocarbons?

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 Other Cyclic Hydrocarbons?

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 Cyclic Hydrocarbons?

Under HSN 29029090, Other Cyclic Hydrocarbons attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Other Cyclic Hydrocarbons is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Cyclic Hydrocarbons; Nil for exempt items if applicable).

Any common misclassification issue with Other Cyclic Hydrocarbons?

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

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.