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HSN Code 29062920: Phenylethyl Alcohol

HSN Code 29062920 represents Phenylethyl Alcohol under GST classification. This code helps businesses identify Phenylethyl Alcohol correctly for billing, taxation, and trade. With HSN Code 29062920, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Phenylethyl Alcohol.

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Description of Goods for HSN Code 29062920

HSN Code 29062920 relates to the following description.

Description of Goods

Aromatic : other : Phenylethyl 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 29062920 not include?

Phenylethyl Alcohol does not include products with the following descriptions.

HSN Code 29061110

Cyclanic, cyclenic or cycloterpenic : Natural menthol (C10H20O obtained by distillation of Japanese type mint or menthol mint oil, Mentha arvensis; not synthetically made)

HSN Code 29061190

Cyclanic, cyclenic or cycloterpenic : Other menthol, including synthetic menthol

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

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India’s Trade Performance — HSN Code 29062920 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹49 Cr

−32.36% vs FY 2024-25

0.0013% of India’s total exports

India’s Imports

FY 2025-26

₹20 Cr

−3.43% vs FY 2024-25

0.0003% of India’s total imports

Trade Balance

FY 2025-26

₹29 Cr

Trade Surplus

Surplus rank #2628 of 12872 HSN codes

% of Sub-Chapter 2906

FY 2025-26

2.09%

Share of Sub-Chapter 2906’s total exports in FY 2025-26

Import side: 0.69% of Sub-Chapter 2906’s imports

Rank Within Sub-Chapter 2906

FY 2025-26

#6 of 14

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

Import-side rank: #7 of 14

At a glance

−0.83%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#3815

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+78.31%

Peak Growth Year

FY 2020-21 · strongest single-year move

2.09%

Contribution to Sub-Ch. 2906

Share of Sub-Chapter 2906 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 29062920

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #2800

Balance

+23.22

Exports

51.95 ₹ Cr

0.0023% share

— YoY

1.47% of Sub-Ch. 2906

Imports

28.73 ₹ Cr

0.0008% share

— YoY

4.11% of Sub-Ch. 2906

FY 2019-20 Exp. Rank #2689

Balance

+43.28

Exports

57.45 ₹ Cr

0.0026% share

+10.59% YoY

1.62% of Sub-Ch. 2906

Imports

14.17 ₹ Cr

0.0004% share

−50.68% YoY

1.57% of Sub-Ch. 2906

FY 2020-21 Exp. Rank #2040

Balance

+92.25

Exports

102.44 ₹ Cr

0.0048% share

+78.31% YoY

3.12% of Sub-Ch. 2906

Imports

10.19 ₹ Cr

0.0003% share

−28.09% YoY

0.93% of Sub-Ch. 2906

FY 2021-22 Exp. Rank #2897

Balance

+59.46

Exports

68.82 ₹ Cr

0.0022% share

−32.82% YoY

2.02% of Sub-Ch. 2906

Imports

9.36 ₹ Cr

0.0002% share

−8.15% YoY

0.81% of Sub-Ch. 2906

FY 2022-23 Exp. Rank #3611

Balance

+35.20

Exports

45.48 ₹ Cr

0.0013% share

−33.91% YoY

1.70% of Sub-Ch. 2906

Imports

10.28 ₹ Cr

0.0002% share

+9.83% YoY

0.74% of Sub-Ch. 2906

FY 2023-24 Exp. Rank #3299

Balance

+38.33

Exports

59.05 ₹ Cr

0.0016% share

+29.84% YoY

2.34% of Sub-Ch. 2906

Imports

20.72 ₹ Cr

0.0004% share

+101.56% YoY

1.10% of Sub-Ch. 2906

FY 2024-25 Exp. Rank #3098

Balance

+52.04

Exports

72.47 ₹ Cr

0.0020% share

+22.73% YoY

2.82% of Sub-Ch. 2906

Imports

20.43 ₹ Cr

0.0003% share

−1.40% YoY

0.82% of Sub-Ch. 2906

FY 2025-26 Exp. Rank #3815

Balance

+29.29

Exports

49.02 ₹ Cr

0.0013% share

−32.36% YoY

2.09% of Sub-Ch. 2906

Imports

19.73 ₹ Cr

0.0003% share

−3.43% YoY

0.69% of Sub-Ch. 2906

CAGR · 8-Year

Exports

−0.83% /yr

Imports

−5.23% /yr

Consistently Surplus
Sub-Chapter 2906 total

reference, FY 2025-26

Export

₹2,349.69 Cr

Import

₹2,839.67 Cr

Trade Balance

−489.98

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

Key Trade Insights: HSN Code 29062920 Export-Import Analysis

Export Decline: −0.83% CAGR Over 8 Years

India's exports under HSN Code 29062920 have declined at a compound annual rate of −0.83% over 8 fiscal years, falling from ₹51.95 Crore in FY 2018-19 to ₹49.02 Crore in FY 2025-26.

HSN Code 29062920 Ranked #3815 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 29062920 ranks #3815 out of 12872 HSN codes by total export value. Within Sub-Chapter 2906, it ranks #6 of 14. By trade surplus, it ranks #2628 of 12872.

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 ₹29.29 Crore in HSN Code 29062920 Goods

In FY 2025-26, India's exports of ₹49.02 Cr exceeded imports of ₹19.73 Cr, resulting in a trade surplus of ₹29.29 Crore — ranking #2628 of 12872 by surplus magnitude.

Import Growth of −5.23% CAGR Signals Stable Import Dependency for Phenylethyl Alcohol

India's imports under HSN Code 29062920 have grown at −5.23% CAGR, reaching ₹19.73 Crore in FY 2025-26.

HSN Code 29062920 Contributes 2.09% of Sub-Chapter 2906 Exports — Ranked #6

Among the 14 HSN codes under Sub-Chapter 2906, HSN Code 29062920 ranks #6 by export value — accounting for 2.09% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.69% share (rank #7).

Frequently Asked Questions

Clear answers to common queries about HSN Code 29062920 and GST compliance.

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.

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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.