--- title: "HSN Code for Ethylene glycol | HSN 29053100 GST Rate" description: "Find HSN and GST Rates for 29053100 related to Ethylene glycol with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29053100/" --- # HSN Code 29053100: Ethylene glycol - [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 2905: Acyclic alcohols & derivatives](https://busy.in/hsn/sub-chapter-2905/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Diols : Ethylene glycol (ethanediol) | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29053100 ? It includes Ethylene glycol ### Does packaging or labelling change the GST for Ethylene glycol? 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 should mixed supplies be billed when Ethylene glycol is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Ethylene glycol; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Ethylene glycol? 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 much GST applies to Ethylene glycol? Under HSN 29053100, Ethylene glycol attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Ethylene glycol? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 29053100 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹301 Cr (+2.22% YoY) — 0.0082% of India's total exports - Imports: ₹5,239 Cr (+13.23% YoY) — 0.0862% of India's total imports - Trade balance: −₹4,938 Cr (Deficit); surplus rank #12558 of 12657 HSN codes - Share of Sub-Chapter 2905: 7.28% of its exports; import side 23.22% - Rank within Sub-Chapter 2905: #6 of 37 by export value; import-side #2 ### Key metrics - Export CAGR: -25.43% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1437 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +29.90% in FY 2020-21 - Contribution to Sub-Ch. 2905: 7.28% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29053100 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. 2905 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2905 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 1,753.25 | 0.0767% | — | 46.73% | 3,715.92 | 0.1037% | — | 24.72% | −1,962.67 | #178 | | FY 2019-20 | 813.61 | 0.0370% | −53.59% | 29.53% | 3,121.49 | 0.0932% | −16.00% | 24.35% | −2,307.88 | #409 | | FY 2020-21 | 1,056.84 | 0.0491% | +29.90% | 33.37% | 2,262.86 | 0.0777% | −27.51% | 17.74% | −1,206.02 | #337 | | FY 2021-22 | 489.36 | 0.0156% | −53.70% | 14.35% | 4,717.77 | 0.1032% | +108.49% | 22.77% | −4,228.41 | #882 | | FY 2022-23 | 372.48 | 0.0103% | −23.88% | 9.27% | 6,666.00 | 0.1159% | +41.30% | 28.56% | −6,293.52 | #1146 | | FY 2023-24 | 294.87 | 0.0081% | −20.84% | 8.13% | 4,626.98 | 0.0824% | −30.59% | 23.90% | −4,332.11 | #1402 | | FY 2024-25 | 301.42 | 0.0082% | +2.22% | 7.28% | 5,239.08 | 0.0862% | +13.23% | 23.22% | −4,937.66 | #1437 | - CAGR (7-year): exports -25.43%/yr, imports 5.89%/yr (consistently Deficit) ## Key trade insights: HSN Code 29053100 export-import analysis ### Export decline: -25.43% CAGR over 7 years India's exports under HSN Code 29053100 have declined at a compound annual rate of -25.43% over 7 fiscal years, falling from ₹1,753.25 Crore in FY 2018-19 to ₹301.42 Crore in FY 2024-25. ### HSN Code 29053100 ranked #1437 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29053100 ranks #1437 out of 12657 HSN codes by total export value. Within Sub-Chapter 2905, it ranks #6 of 37. By trade surplus, it ranks #12558 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 29053100 exports The strongest single-year export movement for HSN Code 29053100 was recorded in FY 2020-21, when exports surged by 29.90% over the prior year. ### India records a trade deficit of ₹4,937.66 Crore in HSN Code 29053100 goods In FY 2024-25, India's imports of ₹5,239.08 Cr exceeded exports of ₹301.42 Cr, resulting in a trade deficit of ₹4,937.66 Crore — ranking #12558 of 12657 by surplus magnitude. ### Import growth of 5.89% CAGR signals stable import dependency for Ethylene glycol India's imports under HSN Code 29053100 have grown at 5.89% CAGR, reaching ₹5,239.08 Crore in FY 2024-25. ### HSN Code 29053100 contributes 7.28% of Sub-Chapter 2905 exports — ranked #6 Among the 37 HSN codes under Sub-Chapter 2905, HSN Code 29053100 ranks #6 by export value — accounting for 7.28% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 23.22% share (rank #2). ## Related HSN Codes in Sub-Chapter 2905 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 29052250: Dihydromyrcenol: Unsaturated Monohydric Acyclic Terpene Alcohol](https://busy.in/hsn/hsn-29052250/) | ₹666 Cr | | #2 | [HSN Code 29054400: Other polyhydric alcohols : D-glucitol (Sorbitol)](https://busy.in/hsn/hsn-29054400/) | ₹565 Cr | | #3 | [HSN Code 29053990: Other diols](https://busy.in/hsn/hsn-29053990/) | ₹375 Cr | | #4 | [HSN Code 29051990: Saturated monohydric alcohols : Other: other](https://busy.in/hsn/hsn-29051990/) | ₹358 Cr | | #5 | [HSN Code 29052900: Unsaturated Monohydric Alcohols \| Other](https://busy.in/hsn/hsn-29052900/) | ₹308 Cr | | #6 | HSN Code 29053100: Ethylene glycol (this hsn code) | ₹301 Cr | | #7 | [HSN Code 29051700: Lauryl/Cetyl/Stearyl Alcohol](https://busy.in/hsn/hsn-29051700/) | ₹248 Cr | | #8 | [HSN Code 29051100: Methanol (methyl alcohol)](https://busy.in/hsn/hsn-29051100/) | ₹207 Cr | | #9 | [HSN Code 29054500: Other Polyhydric Alcohols \| Glycerol](https://busy.in/hsn/hsn-29054500/) | ₹161 Cr | | #10 | [HSN Code 29051220: Isopropyl Alcohol](https://busy.in/hsn/hsn-29051220/) | ₹114 Cr |