HSN Code 29062100: Benzyl Alcohol

HSN Code 29062100 represents Benzyl Alcohol under GST classification. This code helps businesses identify Benzyl Alcohol correctly for billing, taxation, and trade. With HSN Code 29062100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Benzyl Alcohol.

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Description of Goods for HSN Code 29062100

HSN Code 29062100 relates to the following description.

Description of Goods

Aromatic : Benzyl alcohol

Chapter

29 - Organic chemicals

Sub Chapter

2906 - Cyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29062100 not include?

Benzyl Alcohol does not include products with the following descriptions.

HSN Code 29061200

Cyclanic, cyclenic or cycloterpenic : Cyclohexanol, methylcyclohexanols and dimethylcyclohexanols

HSN Code 29061400

Cyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives - cyclanic, cyclenic or cycloterpenic : terpineols

India’s Trade Performance — HSN Code 29062100 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

₹302 Cr

−7.77% vs FY 2023-24

0.0082% of India’s total exports

India’s Imports

FY 2024-25

₹36 Cr

+31.02% vs FY 2023-24

0.0006% of India’s total imports

Trade Balance

FY 2024-25

₹266 Cr

Trade Surplus

Surplus rank #983 of 12657 HSN codes

% of Sub-Chapter 2906

FY 2024-25

11.74%

Share of Sub-Chapter 2906’s total exports in FY 2024-25

Import side: 1.45% of Sub-Chapter 2906’s imports

Rank Within Sub-Chapter 2906

FY 2024-25

#2 of 11

Position by export value among HSN codes in Sub-Chapter 2906

Import-side rank: #4 of 11

At a glance

2.49%

Export CAGR

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

#1434

National Export Rank

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

+61.42%

Peak Growth Year

FY 2021-22 · strongest single-year move

11.74%

Contribution to Sub-Ch. 2906

Share of Sub-Chapter 2906 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 29062100

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 #1094

Balance

+243.27

Exports

260.82 ₹ Cr

0.0114% share

— YoY

7.39% of Sub-Ch. 2906

Imports

17.55 ₹ Cr

0.0005% share

— YoY

2.51% of Sub-Ch. 2906

FY 2019-20 Exp. Rank #1331

Balance

+182.09

Exports

199.40 ₹ Cr

0.0091% share

−23.55% YoY

5.63% of Sub-Ch. 2906

Imports

17.31 ₹ Cr

0.0005% share

−1.37% YoY

1.92% of Sub-Ch. 2906

FY 2020-21 Exp. Rank #1228

Balance

+212.16

Exports

231.24 ₹ Cr

0.0108% share

+15.97% YoY

7.05% of Sub-Ch. 2906

Imports

19.08 ₹ Cr

0.0007% share

+10.23% YoY

1.74% of Sub-Ch. 2906

FY 2021-22 Exp. Rank #1091

Balance

+358.60

Exports

373.27 ₹ Cr

0.0119% share

+61.42% YoY

10.95% of Sub-Ch. 2906

Imports

14.67 ₹ Cr

0.0003% share

−23.11% YoY

1.27% of Sub-Ch. 2906

FY 2022-23 Exp. Rank #1175

Balance

+341.26

Exports

359.85 ₹ Cr

0.0099% share

−3.60% YoY

13.48% of Sub-Ch. 2906

Imports

18.59 ₹ Cr

0.0003% share

+26.72% YoY

1.34% of Sub-Ch. 2906

FY 2023-24 Exp. Rank #1312

Balance

+299.98

Exports

327.77 ₹ Cr

0.0091% share

−8.91% YoY

12.99% of Sub-Ch. 2906

Imports

27.79 ₹ Cr

0.0005% share

+49.49% YoY

1.47% of Sub-Ch. 2906

FY 2024-25 Exp. Rank #1434

Balance

+265.90

Exports

302.31 ₹ Cr

0.0082% share

−7.77% YoY

11.74% of Sub-Ch. 2906

Imports

36.41 ₹ Cr

0.0006% share

+31.02% YoY

1.45% of Sub-Ch. 2906

CAGR · 7-Year

Exports

2.49% /yr

Imports

12.93% /yr

Consistently Surplus
Sub-Chapter 2906 total

reference, FY 2024-25

Export

₹2,574.03 Cr

Import

₹2,503.79 Cr

Trade Balance

+70.24

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

Key Trade Insights: HSN Code 29062100 Export-Import Analysis

Consistent Export Growth: 2.49% CAGR Over 7 Years

India's exports under HSN Code 29062100 have grown at a compound annual rate of 2.49% over 7 fiscal years, rising from ₹260.82 Crore in FY 2018-19 to ₹302.31 Crore in FY 2024-25.

HSN Code 29062100 Ranked #1434 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29062100 ranks #1434 out of 12657 HSN codes by total export value. Within Sub-Chapter 2906, it ranks #2 of 11. By trade surplus, it ranks #983 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 29062100 Exports

The strongest single-year export movement for HSN Code 29062100 was recorded in FY 2021-22, when exports surged by 61.42% over the prior year.

India Maintains a Trade Surplus of ₹265.90 Crore in HSN Code 29062100 Goods

In FY 2024-25, India's exports of ₹302.31 Cr exceeded imports of ₹36.41 Cr, resulting in a trade surplus of ₹265.90 Crore — ranking #983 of 12657 by surplus magnitude.

Import Growth of 12.93% CAGR Signals Rising Demand for Benzyl Alcohol

India's imports under HSN Code 29062100 have grown at 12.93% CAGR, reaching ₹36.41 Crore in FY 2024-25.

HSN Code 29062100 Contributes 11.74% of Sub-Chapter 2906 Exports — Ranked #2

Among the 11 HSN codes under Sub-Chapter 2906, HSN Code 29062100 ranks #2 by export value — accounting for 11.74% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.45% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29062100 and GST compliance.

What products are classified under HSN 29062100 ?

It includes Benzyl Alcohol

How much GST applies to Benzyl Alcohol?

Under HSN 29062100, Benzyl Alcohol attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Benzyl Alcohol is sold with other items?

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

Can we claim ITC on inputs used to trade Benzyl Alcohol?

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 Benzyl Alcohol?

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 Benzyl Alcohol?

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.

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.