---
title: "HSN Code for Phenylethyl Alcohol | HSN 29062920 GST Rate"
description: "Find HSN and GST Rates for 29062920 related to Phenylethyl Alcohol with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-29062920/"
---

# HSN Code 29062920: Phenylethyl Alcohol

- [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 2906: Cyclic alcohols & derivatives](https://busy.in/hsn/sub-chapter-2906/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Aromatic : other : Phenylethyl alcohol | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 29062920 ?

It includes Phenylethyl Alcohol

### Do e‑way bill and e‑invoice apply for Phenylethyl 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.

### Can we claim ITC on inputs used to trade Phenylethyl Alcohol?

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

### How much GST applies to Phenylethyl Alcohol?

Under HSN 29062920, Phenylethyl Alcohol attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Does packaging or labelling change the GST for Phenylethyl 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.

### Any common misclassification issue with Phenylethyl Alcohol?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

## India's trade performance: HSN Code 29062920 (FY 2024-25)

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

- Exports: ₹72 Cr (+22.73% YoY) — 0.0020% of India's total exports
- Imports: ₹20 Cr (−1.40% YoY) — 0.0003% of India's total imports
- Trade balance: ₹52 Cr (Surplus); surplus rank #2122 of 12657 HSN codes
- Share of Sub-Chapter 2906: 2.82% of its exports; import side 0.82%
- Rank within Sub-Chapter 2906: #4 of 11 by export value; import-side #6

### Key metrics

- Export CAGR: 5.71% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #3098 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +78.31% in FY 2020-21
- Contribution to Sub-Ch. 2906: 2.82% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 29062920

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. 2906 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2906 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 51.95 | 0.0023% | — | 1.47% | 28.73 | 0.0008% | — | 4.11% | +23.22 | #2800 |
| FY 2019-20 | 57.45 | 0.0026% | +10.59% | 1.62% | 14.17 | 0.0004% | −50.68% | 1.57% | +43.28 | #2689 |
| FY 2020-21 | 102.44 | 0.0048% | +78.31% | 3.12% | 10.19 | 0.0003% | −28.09% | 0.93% | +92.25 | #2040 |
| FY 2021-22 | 68.82 | 0.0022% | −32.82% | 2.02% | 9.36 | 0.0002% | −8.15% | 0.81% | +59.46 | #2897 |
| FY 2022-23 | 45.48 | 0.0013% | −33.91% | 1.70% | 10.28 | 0.0002% | +9.83% | 0.74% | +35.20 | #3611 |
| FY 2023-24 | 59.05 | 0.0016% | +29.84% | 2.34% | 20.72 | 0.0004% | +101.56% | 1.10% | +38.33 | #3299 |
| FY 2024-25 | 72.47 | 0.0020% | +22.73% | 2.82% | 20.43 | 0.0003% | −1.40% | 0.82% | +52.04 | #3098 |

- CAGR (7-year): exports 5.71%/yr, imports -5.52%/yr (consistently Surplus)

## Key trade insights: HSN Code 29062920 export-import analysis

### Consistent export growth: 5.71% CAGR over 7 years

India's exports under HSN Code 29062920 have grown at a compound annual rate of 5.71% over 7 fiscal years, rising from ₹51.95 Crore in FY 2018-19 to ₹72.47 Crore in FY 2024-25.

### HSN Code 29062920 ranked #3098 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 29062920 ranks #3098 out of 12657 HSN codes by total export value. Within Sub-Chapter 2906, it ranks #4 of 11. By trade surplus, it ranks #2122 of 12657.

### FY 2020-21 was the strongest growth year for HSN Code 29062920 exports

The strongest single-year export movement for HSN Code 29062920 was recorded in FY 2020-21, when exports surged by 78.31% over the prior year.

### India maintains a trade surplus of ₹52.04 Crore in HSN Code 29062920 goods

In FY 2024-25, India's exports of ₹72.47 Cr exceeded imports of ₹20.43 Cr, resulting in a trade surplus of ₹52.04 Crore — ranking #2122 of 12657 by surplus magnitude.

### Import growth of -5.52% CAGR signals stable import dependency for Phenylethyl Alcohol

India's imports under HSN Code 29062920 have grown at -5.52% CAGR, reaching ₹20.43 Crore in FY 2024-25.

### HSN Code 29062920 contributes 2.82% of Sub-Chapter 2906 exports — ranked #4

Among the 11 HSN codes under Sub-Chapter 2906, HSN Code 29062920 ranks #4 by export value — accounting for 2.82% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.82% share (rank #6).

## Related HSN Codes in Sub-Chapter 2906

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 29061990: Cyclanic or cyclenic, other](https://busy.in/hsn/hsn-29061990/) | ₹539 Cr |
| #2 | [HSN Code 29062100: Benzyl Alcohol](https://busy.in/hsn/hsn-29062100/) | ₹302 Cr |
| #3 | [HSN Code 29062990: Other Aromatic Alcohols](https://busy.in/hsn/hsn-29062990/) | ₹301 Cr |
| #4 | HSN Code 29062920: Phenylethyl Alcohol (this hsn code) | ₹72 Cr |
| #5 | [HSN Code 29061390: Sterols and inositols](https://busy.in/hsn/hsn-29061390/) | ₹29 Cr |
| #6 | [HSN Code 29061310: Cholesterol](https://busy.in/hsn/hsn-29061310/) | ₹16 Cr |
| #7 | [HSN Code 29062910: Cinnamic Alcohol](https://busy.in/hsn/hsn-29062910/) | ₹13 Cr |
| #8 | [HSN Code 29061910: Cyclanic, cyclenic or cycloterpenic: Borneol](https://busy.in/hsn/hsn-29061910/) | ₹7 Cr |
| #9 | [HSN Code 29061200: Cyclohexanol & Derivatives](https://busy.in/hsn/hsn-29061200/) | ₹4 Cr |
| — | [HSN Code 29061100: Menthol](https://busy.in/hsn/hsn-29061100/) | Nil |