---
title: "HSN Code for Ethanol and Ethanol Derivatives | HSN 29031500 GST Rate"
description: "Find HSN and GST Rates for 29031500 related to Ethanol and Ethanol Derivatives with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-29031500/"
---

# HSN Code 29031500: Ethanol and Ethanol Derivatives

- [Section 06: Guide to HSN Section 06](https://busy.in/hsn/section-06/)
- [Chapter 29: Organic Chemicals](https://busy.in/hsn/chapter-29/)
- [Sub-chapter 2903: Halogenated hydrocarbons derivatives](https://busy.in/hsn/sub-chapter-2903/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Saturated chlorinated derivatives of acyclic hydrocarbons :Ethylene dichloride (ISO) (1, 2-dichloroethane) | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 29031500 ?

It includes Ethanol and Ethanol Derivatives

### Can we claim ITC on inputs used to trade Ethanol and Ethanol Derivatives?

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

### Does packaging or labelling change the GST for Ethanol and Ethanol Derivatives?

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 Ethanol and Ethanol Derivatives?

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 should mixed supplies be billed when Ethanol and Ethanol Derivatives is sold with other items?

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

### How much GST applies to Ethanol and Ethanol Derivatives?

Under HSN 29031500, Ethanol and Ethanol Derivatives attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 29031500 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: < ₹1 Crore (−28.00% YoY) — 0.0000% of India's total exports
- Imports: ₹1,679 Cr (+2.31% YoY) — 0.0276% of India's total imports
- Trade balance: −₹1,678 Cr (Deficit); surplus rank #12378 of 12657 HSN codes
- Share of Sub-Chapter 2903: 0.03% of its exports; import side 22.75%
- Rank within Sub-Chapter 2903: #32 of 85 by export value; import-side #2

### Key metrics

- Export CAGR: -47.86% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #8346 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +349.62% in FY 2019-20
- Contribution to Sub-Ch. 2903: 0.03% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 29031500

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 2903 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2903 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 44.78 | 0.0020% | — | 2.36% | 1,414.40 | 0.0395% | — | 22.80% | −1,369.62 | #3023 |
| FY 2019-20 | 201.34 | 0.0091% | +349.62% | 10.57% | 1,825.91 | 0.0545% | +29.09% | 25.66% | −1,624.57 | #1322 |
| FY 2020-21 | 86.05 | 0.0040% | −57.26% | 5.14% | 1,505.04 | 0.0517% | −17.57% | 21.02% | −1,418.99 | #2231 |
| FY 2021-22 | 32.21 | 0.0010% | −62.57% | 1.25% | 3,797.06 | 0.0831% | +152.29% | 30.31% | −3,764.85 | #3959 |
| FY 2022-23 | 3.58 | 0.0001% | −88.89% | 0.08% | 2,623.23 | 0.0456% | −30.91% | 24.42% | −2,619.65 | #6804 |
| FY 2023-24 | 1.25 | 0.0000% | −65.08% | 0.04% | 1,640.90 | 0.0292% | −37.45% | 21.88% | −1,639.65 | #8041 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | −28.00% | 0.03% | 1,678.75 | 0.0276% | +2.31% | 22.75% | −1,677.85 | #8346 |

- CAGR (7-year): exports -47.86%/yr, imports 2.90%/yr (consistently Deficit)

## Key trade insights: HSN Code 29031500 export-import analysis

### Export decline: -47.86% CAGR over 7 years

India's exports under HSN Code 29031500 have declined at a compound annual rate of -47.86% over 7 fiscal years, falling from ₹44.78 Crore in FY 2018-19 to ₹0.90 Crore in FY 2024-25.

### HSN Code 29031500 ranked #8346 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 29031500 ranks #8346 out of 12657 HSN codes by total export value. Within Sub-Chapter 2903, it ranks #32 of 85. By trade surplus, it ranks #12378 of 12657.

### FY 2019-20 was the strongest growth year for HSN Code 29031500 exports

The strongest single-year export movement for HSN Code 29031500 was recorded in FY 2019-20, when exports surged by 349.62% over the prior year.

### India records a trade deficit of ₹1,677.85 Crore in HSN Code 29031500 goods

In FY 2024-25, India's imports of ₹1,678.75 Cr exceeded exports of ₹0.90 Cr, resulting in a trade deficit of ₹1,677.85 Crore — ranking #12378 of 12657 by surplus magnitude.

### Import growth of 2.90% CAGR signals stable import dependency for Ethanol and Ethanol Derivatives

India's imports under HSN Code 29031500 have grown at 2.90% CAGR, reaching ₹1,678.75 Crore in FY 2024-25.

### HSN Code 29031500 contributes 0.03% of Sub-Chapter 2903 exports — ranked #32

Among the 85 HSN codes under Sub-Chapter 2903, HSN Code 29031500 ranks #32 by export value — accounting for 0.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 22.75% share (rank #2).

## Related HSN Codes in Sub-Chapter 2903

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 29039990: Halogenated derivatives: Other](https://busy.in/hsn/hsn-29039990/) | ₹524 Cr |
| #2 | [HSN Code 29037900: Other Halogenated Acyclic Hydrocarbons (≥2 Different Halogens)](https://busy.in/hsn/hsn-29037900/) | ₹513 Cr |
| #3 | [HSN Code 29039130: p-Dichlorobenzene (Paradichlorobenzene)](https://busy.in/hsn/hsn-29039130/) | ₹489 Cr |
| #4 | [HSN Code 29037100: Chlorodifluoromethane (R-22)](https://busy.in/hsn/hsn-29037100/) | ₹477 Cr |
| #5 | [HSN Code 29034500: 1,1,1,2-Tetrafluoroethane (HFC-134a)](https://busy.in/hsn/hsn-29034500/) | ₹273 Cr |
| #6 | [HSN Code 29034200: Difluoromethane (HFC-32)](https://busy.in/hsn/hsn-29034200/) | ₹173 Cr |
| #7 | [HSN Code 29034400: Pentafluoroethane (HFC-125)](https://busy.in/hsn/hsn-29034400/) | ₹169 Cr |
| #8 | [HSN Code 29031200: Dichloromethane](https://busy.in/hsn/hsn-29031200/) | ₹159 Cr |
| #9 | [HSN Code 29039940: Benzylchloride: Halogenated Aromatic Hydrocarbon Derivatives](https://busy.in/hsn/hsn-29039940/) | ₹99 Cr |
| #10 | [HSN Code 29031990: Saturated Chlorinated Derivatives of Acyclic Hydrocarbons](https://busy.in/hsn/hsn-29031990/) | ₹49 Cr |
| #32 | HSN Code 29031500: Ethanol and Ethanol Derivatives (this hsn code) | < ₹1 Crore |