HSN Code 29052290: Acyclic terpene alcohols

HSN Code 29052290 represents Acyclic terpene alcohols under GST classification. This code helps businesses identify Acyclic terpene alcohols correctly for billing, taxation, and trade. With HSN Code 29052290, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Acyclic terpene alcohols.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 29052290

HSN Code 29052290 relates to the following description.

Description of Goods

Unsaturated monohydric alcohols : Acyclic terpene alcohols : Other

Chapter

29 - Organic chemicals

Sub Chapter

2905 - Acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29052290 not include?

Acyclic terpene alcohols does not include products with the following descriptions.

Saturated monohydric alcohols :Propan-1-o1 (propyl alcohol) and propan-2-ol (isopropyl alcohol) : Propyl alcohol

Saturated monohydric alcohols :Propan-1-o1 (propyl alcohol) and propan-2-ol (isopropyl alcohol) : Isopropyl alcohol

Acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives - saturated monohydric alcohols : pentanol (amyl alcohol) and isomers thereof

Saturated monohydric alcohols :Octanol (octyl alcohol) and isomers thereof : Dimethyl octanol

Saturated monohydric alcohols :Octanol (octyl alcohol) and isomers thereof : 2-ethyl hexanol

Saturated monohydric alcohols :Octanol (octyl alcohol) and isomers thereof : Other

Saturated monohydric alcohols : Dodecan-1-ol (lauryl alcohol),hexadecan-1-ol (cetyl alcohol) and octadecan-1-ol (stearyl alcohol)

Acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives - saturated monohydric alcohols : other

Unsaturated monohydric alcohols : Acyclic terpene alcohols : Dihydromyrcenol

Other polyhydric alcohols : 2- Ethyl-2-(hydroxymethyl) propane-1,3-diol (trimethylolropane)

Halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols : Ethchlorvynol (INN)

Halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols : Other

India’s Trade Performance — HSN Code 29052290 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

₹12 Cr

−0.16% vs FY 2023-24

0.0003% of India’s total exports

India’s Imports

FY 2024-25

₹67 Cr

+9.99% vs FY 2023-24

0.0011% of India’s total imports

Trade Balance

FY 2024-25

−₹55 Cr

Trade Deficit

Surplus rank #10313 of 12657 HSN codes

% of Sub-Chapter 2905

FY 2024-25

0.29%

Share of Sub-Chapter 2905’s total exports in FY 2024-25

Import side: 0.30% of Sub-Chapter 2905’s imports

Rank Within Sub-Chapter 2905

FY 2024-25

#27 of 37

Position by export value among HSN codes in Sub-Chapter 2905

Import-side rank: #24 of 37

At a glance

−43.78%

Export CAGR

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

#5549

National Export Rank

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

+5.28%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.29%

Contribution to Sub-Ch. 2905

Share of Sub-Chapter 2905 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 29052290

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 #812

Balance

+255.52

Exports

386.64 ₹ Cr

0.0169% share

YoY

10.31% of Sub-Ch. 2905

Imports

131.12 ₹ Cr

0.0037% share

YoY

0.87% of Sub-Ch. 2905

FY 2019-20 Exp. Rank #773

Balance

+340.40

Exports

407.05 ₹ Cr

0.0185% share

+5.28% YoY

14.77% of Sub-Ch. 2905

Imports

66.65 ₹ Cr

0.0020% share

−49.17% YoY

0.52% of Sub-Ch. 2905

FY 2020-21 Exp. Rank #3236

Balance

−29.29

Exports

40.66 ₹ Cr

0.0019% share

−90.01% YoY

1.28% of Sub-Ch. 2905

Imports

69.95 ₹ Cr

0.0024% share

+4.95% YoY

0.55% of Sub-Ch. 2905

FY 2021-22 Exp. Rank #4212

Balance

−70.66

Exports

26.46 ₹ Cr

0.0008% share

−34.92% YoY

0.78% of Sub-Ch. 2905

Imports

97.12 ₹ Cr

0.0021% share

+38.84% YoY

0.47% of Sub-Ch. 2905

FY 2022-23 Exp. Rank #4555

Balance

−56.05

Exports

22.13 ₹ Cr

0.0006% share

−16.36% YoY

0.55% of Sub-Ch. 2905

Imports

78.18 ₹ Cr

0.0014% share

−19.50% YoY

0.33% of Sub-Ch. 2905

FY 2023-24 Exp. Rank #5452

Balance

−48.56

Exports

12.23 ₹ Cr

0.0003% share

−44.74% YoY

0.34% of Sub-Ch. 2905

Imports

60.79 ₹ Cr

0.0011% share

−22.24% YoY

0.31% of Sub-Ch. 2905

FY 2024-25 Exp. Rank #5549

Balance

−54.65

Exports

12.21 ₹ Cr

0.0003% share

−0.16% YoY

0.29% of Sub-Ch. 2905

Imports

66.86 ₹ Cr

0.0011% share

+9.99% YoY

0.30% of Sub-Ch. 2905

CAGR · 7-Year

Exports

−43.78% /yr

Imports

−10.62% /yr

Consistently Deficit
Sub-Chapter 2905 total

reference, FY 2024-25

Export

₹4,139.85 Cr

Import

₹22,566.51 Cr

Trade Balance

−18,426.66

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

Key Trade Insights: HSN Code 29052290 Export-Import Analysis

Export Decline: −43.78% CAGR Over 7 Years

India's exports under HSN Code 29052290 have declined at a compound annual rate of −43.78% over 7 fiscal years, falling from ₹386.64 Crore in FY 2018-19 to ₹12.21 Crore in FY 2024-25.

HSN Code 29052290 Ranked #5549 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29052290 ranks #5549 out of 12657 HSN codes by total export value. Within Sub-Chapter 2905, it ranks #27 of 37. By trade surplus, it ranks #10313 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 29052290 Exports

The strongest single-year export movement for HSN Code 29052290 was recorded in FY 2019-20, when exports surged by 5.28% over the prior year.

India Records a Trade Deficit of ₹54.65 Crore in HSN Code 29052290 Goods

In FY 2024-25, India's imports of ₹66.86 Cr exceeded exports of ₹12.21 Cr, resulting in a trade deficit of ₹54.65 Crore — ranking #10313 of 12657 by surplus magnitude.

Import Growth of −10.62% CAGR Signals Stable Import Dependency for Acyclic terpene alcohols

India's imports under HSN Code 29052290 have grown at −10.62% CAGR, reaching ₹66.86 Crore in FY 2024-25.

HSN Code 29052290 Contributes 0.29% of Sub-Chapter 2905 Exports — Ranked #27

Among the 37 HSN codes under Sub-Chapter 2905, HSN Code 29052290 ranks #27 by export value — accounting for 0.29% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.30% share (rank #24).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 29052290 and GST compliance.

What products are classified under HSN 29052290 ?

It includes Acyclic terpene alcohols

Does packaging or labelling change the GST for Acyclic terpene alcohols?

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.

How much GST applies to Acyclic terpene alcohols?

Under HSN 29052290, Acyclic terpene alcohols attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Acyclic terpene alcohols?

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 Acyclic terpene alcohols?

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 Acyclic terpene alcohols?

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 Acyclic terpene alcohols is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Acyclic terpene alcohols; 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.