--- title: "HSN Code for Formaldehyde (Methanal) | HSN 29121100 GST Rate" description: "Find HSN and GST Rates for 29121100 related to Formaldehyde (Methanal) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29121100/" --- # HSN Code 29121100: Formaldehyde (Methanal) - [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 2912: Aldehydes & derivatives](https://busy.in/hsn/sub-chapter-2912/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Acyclic aldehydes without other oxygen function :Methanal (formaldehyde) | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29121100 ? It includes Formaldehyde (Methanal) ### Does packaging or labelling change the GST for Formaldehyde (Methanal)? 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. ### Do e‑way bill and e‑invoice apply for Formaldehyde (Methanal)? 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 Formaldehyde (Methanal)? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Any common misclassification issue with Formaldehyde (Methanal)? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How should mixed supplies be billed when Formaldehyde (Methanal) is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Formaldehyde (Methanal); Nil for exempt items if applicable). ## India's trade performance: HSN Code 29121100 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹58 Cr (+12.04% YoY) — 0.0016% of India's total exports - Imports: < ₹1 Crore (+1.69% YoY) — 0.0000% of India's total imports - Trade balance: ₹57 Cr (Surplus); surplus rank #2053 of 12657 HSN codes - Share of Sub-Chapter 2912: 2.99% of its exports; import side 0.03% - Rank within Sub-Chapter 2912: #8 of 22 by export value; import-side #17 ### Key metrics - Export CAGR: 15.02% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3425 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +50.49% in FY 2021-22 - Contribution to Sub-Ch. 2912: 2.99% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29121100 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. 2912 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2912 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 24.95 | 0.0011% | — | 2.43% | < ₹1 Crore | 0.0000% | — | 0.01% | +24.82 | #3813 | | FY 2019-20 | 24.84 | 0.0011% | −0.44% | 2.27% | 1.11 | 0.0000% | +753.85% | 0.07% | +23.73 | #3829 | | FY 2020-21 | 27.57 | 0.0013% | +10.99% | 2.38% | 1.48 | 0.0001% | +33.33% | 0.08% | +26.09 | #3771 | | FY 2021-22 | 41.49 | 0.0013% | +50.49% | 3.11% | 1.94 | 0.0000% | +31.08% | 0.09% | +39.55 | #3627 | | FY 2022-23 | 47.33 | 0.0013% | +14.08% | 3.22% | 1.08 | 0.0000% | −44.33% | 0.05% | +46.25 | #3556 | | FY 2023-24 | 51.56 | 0.0014% | +8.94% | 3.34% | < ₹1 Crore | 0.0000% | −45.37% | 0.03% | +50.97 | #3482 | | FY 2024-25 | 57.77 | 0.0016% | +12.04% | 2.99% | < ₹1 Crore | 0.0000% | +1.69% | 0.03% | +57.17 | #3425 | - CAGR (7-year): exports 15.02%/yr, imports 29.03%/yr (consistently Surplus) ## Key trade insights: HSN Code 29121100 export-import analysis ### Consistent export growth: 15.02% CAGR over 7 years India's exports under HSN Code 29121100 have grown at a compound annual rate of 15.02% over 7 fiscal years, rising from ₹24.95 Crore in FY 2018-19 to ₹57.77 Crore in FY 2024-25. ### HSN Code 29121100 ranked #3425 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29121100 ranks #3425 out of 12657 HSN codes by total export value. Within Sub-Chapter 2912, it ranks #8 of 22. By trade surplus, it ranks #2053 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 29121100 exports The strongest single-year export movement for HSN Code 29121100 was recorded in FY 2021-22, when exports surged by 50.49% over the prior year. ### India maintains a trade surplus of ₹57.17 Crore in HSN Code 29121100 goods In FY 2024-25, India's exports of ₹57.77 Cr exceeded imports of ₹0.60 Cr, resulting in a trade surplus of ₹57.17 Crore — ranking #2053 of 12657 by surplus magnitude. ### Import growth of 29.03% CAGR signals rising demand for Formaldehyde (Methanal) India's imports under HSN Code 29121100 have grown at 29.03% CAGR, reaching ₹0.60 Crore in FY 2024-25. ### HSN Code 29121100 contributes 2.99% of Sub-Chapter 2912 exports — ranked #8 Among the 22 HSN codes under Sub-Chapter 2912, HSN Code 29121100 ranks #8 by export value — accounting for 2.99% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.03% share (rank #17). ## Related HSN Codes in Sub-Chapter 2912 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 29121990: Aldehydes, Other](https://busy.in/hsn/hsn-29121990/) | ₹526 Cr | | #2 | [HSN Code 29122990: Other Cyclic Aldehydes](https://busy.in/hsn/hsn-29122990/) | ₹520 Cr | | #3 | [HSN Code 29124910: Aldehyde-alcohols, Anisic aldehyde](https://busy.in/hsn/hsn-29124910/) | ₹297 Cr | | #4 | [HSN Code 29124100: Aldehyde-alcohols, Vanillin (4-hydroxy-3methoxy benzaldehyde)](https://busy.in/hsn/hsn-29124100/) | ₹149 Cr | | #5 | [HSN Code 29122910: Cinnamic Aldehyde](https://busy.in/hsn/hsn-29122910/) | ₹109 Cr | | #6 | [HSN Code 29122930: Hexyl Cinnamic Aldehyde](https://busy.in/hsn/hsn-29122930/) | ₹66 Cr | | #7 | [HSN Code 29122100: Cyclic aldehydes: Benzaldehyde](https://busy.in/hsn/hsn-29122100/) | ₹62 Cr | | #8 | HSN Code 29121100: Formaldehyde (Methanal) (this hsn code) | ₹58 Cr | | #9 | [HSN Code 29126000: Paraformaldehyde](https://busy.in/hsn/hsn-29126000/) | ₹32 Cr | | #10 | [HSN Code 29124200: Aldehyde-alcohols, Ethylvanillin (3-ethoxy-4-hydroxy-benzaldehyde)](https://busy.in/hsn/hsn-29124200/) | ₹29 Cr |