HSN Code 29054900: Other Polyhydric Alcohols | Other

HSN Code 29054900 represents Other Polyhydric Alcohols | Other under GST classification. This code helps businesses identify Other Polyhydric Alcohols | Other correctly for billing, taxation, and trade. With HSN Code 29054900, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Polyhydric Alcohols | Other.

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Description of Goods for HSN Code 29054900

HSN Code 29054900 relates to the following description.

Description of Goods

Other polyhydric 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 29054900 not include?

Other Polyhydric Alcohols | Other 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 29054900 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

₹17 Cr

−29.06% vs FY 2023-24

0.0005% of India’s total exports

India’s Imports

FY 2024-25

₹112 Cr

+74.32% vs FY 2023-24

0.0018% of India’s total imports

Trade Balance

FY 2024-25

−₹95 Cr

Trade Deficit

Surplus rank #10771 of 12657 HSN codes

% of Sub-Chapter 2905

FY 2024-25

0.41%

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

Import side: 0.50% of Sub-Chapter 2905’s imports

Rank Within Sub-Chapter 2905

FY 2024-25

#25 of 37

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

Import-side rank: #19 of 37

At a glance

12.27%

Export CAGR

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

#5094

National Export Rank

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

+197.38%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.41%

Contribution to Sub-Ch. 2905

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

India Export-Import Trade Statistics for HSN Code 29054900

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 #5189

Balance

−72.73

Exports

8.52 ₹ Cr

0.0004% share

YoY

0.23% of Sub-Ch. 2905

Imports

81.25 ₹ Cr

0.0023% share

YoY

0.54% of Sub-Ch. 2905

FY 2019-20 Exp. Rank #4245

Balance

−68.37

Exports

18.15 ₹ Cr

0.0008% share

+113.03% YoY

0.66% of Sub-Ch. 2905

Imports

86.52 ₹ Cr

0.0026% share

+6.49% YoY

0.68% of Sub-Ch. 2905

FY 2020-21 Exp. Rank #5489

Balance

−70.90

Exports

7.12 ₹ Cr

0.0003% share

−60.77% YoY

0.22% of Sub-Ch. 2905

Imports

78.02 ₹ Cr

0.0027% share

−9.82% YoY

0.61% of Sub-Ch. 2905

FY 2021-22 Exp. Rank #5148

Balance

−103.19

Exports

12.96 ₹ Cr

0.0004% share

+82.02% YoY

0.38% of Sub-Ch. 2905

Imports

116.15 ₹ Cr

0.0025% share

+48.87% YoY

0.56% of Sub-Ch. 2905

FY 2022-23 Exp. Rank #3825

Balance

−51.37

Exports

38.54 ₹ Cr

0.0011% share

+197.38% YoY

0.96% of Sub-Ch. 2905

Imports

89.91 ₹ Cr

0.0016% share

−22.59% YoY

0.39% of Sub-Ch. 2905

FY 2023-24 Exp. Rank #4509

Balance

−40.21

Exports

24.05 ₹ Cr

0.0007% share

−37.60% YoY

0.66% of Sub-Ch. 2905

Imports

64.26 ₹ Cr

0.0011% share

−28.53% YoY

0.33% of Sub-Ch. 2905

FY 2024-25 Exp. Rank #5094

Balance

−94.96

Exports

17.06 ₹ Cr

0.0005% share

−29.06% YoY

0.41% of Sub-Ch. 2905

Imports

112.02 ₹ Cr

0.0018% share

+74.32% YoY

0.50% of Sub-Ch. 2905

CAGR · 7-Year

Exports

12.27% /yr

Imports

5.50% /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 29054900 Export-Import Analysis

Consistent Export Growth: 12.27% CAGR Over 7 Years

India's exports under HSN Code 29054900 have grown at a compound annual rate of 12.27% over 7 fiscal years, rising from ₹8.52 Crore in FY 2018-19 to ₹17.06 Crore in FY 2024-25.

HSN Code 29054900 Ranked #5094 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29054900 ranks #5094 out of 12657 HSN codes by total export value. Within Sub-Chapter 2905, it ranks #25 of 37. By trade surplus, it ranks #10771 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 29054900 Exports

The strongest single-year export movement for HSN Code 29054900 was recorded in FY 2022-23, when exports surged by 197.38% over the prior year.

India Records a Trade Deficit of ₹94.96 Crore in HSN Code 29054900 Goods

In FY 2024-25, India's imports of ₹112.02 Cr exceeded exports of ₹17.06 Cr, resulting in a trade deficit of ₹94.96 Crore — ranking #10771 of 12657 by surplus magnitude.

Import Growth of 5.50% CAGR Signals Stable Import Dependency for Other Polyhydric Alcohols | Other

India's imports under HSN Code 29054900 have grown at 5.50% CAGR, reaching ₹112.02 Crore in FY 2024-25.

HSN Code 29054900 Contributes 0.41% of Sub-Chapter 2905 Exports — Ranked #25

Among the 37 HSN codes under Sub-Chapter 2905, HSN Code 29054900 ranks #25 by export value — accounting for 0.41% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.50% share (rank #19).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29054900 and GST compliance.

What products are classified under HSN 29054900 ?

It includes Other Polyhydric Alcohols | Other

Can we claim ITC on inputs used to trade Other Polyhydric Alcohols / Other?

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

Do e‑way bill and e‑invoice apply for Other Polyhydric Alcohols / Other?

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.

Does packaging or labelling change the GST for Other Polyhydric Alcohols / Other?

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 Other Polyhydric Alcohols / Other?

Under HSN 29054900, Other Polyhydric Alcohols / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Other Polyhydric Alcohols / Other?

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.