---
title: "HSN Code for Acetone | HSN 29141100 GST Rate"
description: "Find HSN and GST Rates for 29141100 related to Acetone with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-29141100/"
---

# HSN Code 29141100: Acetone

- [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 2914: Ketones & quinones](https://busy.in/hsn/sub-chapter-2914/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Acyclic ketones without other oxygen function : Acetone | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 29141100 ?

It includes Acetone

### Can we claim ITC on inputs used to trade Acetone?

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 Acetone?

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.

### Any common misclassification issue with Acetone?

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 Acetone is sold with other items?

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

### Does packaging or labelling change the GST for Acetone?

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.

## India's trade performance: HSN Code 29141100 (FY 2024-25)

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

- Exports: ₹130 Cr (−37.99% YoY) — 0.0035% of India's total exports
- Imports: ₹1,126 Cr (+23.44% YoY) — 0.0185% of India's total imports
- Trade balance: −₹997 Cr (Deficit); surplus rank #12205 of 12657 HSN codes
- Share of Sub-Chapter 2914: 2.44% of its exports; import side 20.50%
- Rank within Sub-Chapter 2914: #9 of 39 by export value; import-side #1

### Key metrics

- Export CAGR: 13.99% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #2344 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +242.81% in FY 2020-21
- Contribution to Sub-Ch. 2914: 2.44% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 29141100

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. 2914 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2914 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 59.04 | 0.0026% | — | 1.86% | 521.08 | 0.0145% | — | 12.12% | −462.04 | #2642 |
| FY 2019-20 | 56.46 | 0.0026% | −4.37% | 1.64% | 280.94 | 0.0084% | −46.09% | 8.71% | −224.48 | #2713 |
| FY 2020-21 | 193.55 | 0.0090% | +242.81% | 4.90% | 536.73 | 0.0184% | +91.05% | 13.15% | −343.18 | #1398 |
| FY 2021-22 | 155.00 | 0.0049% | −19.92% | 3.41% | 827.77 | 0.0181% | +54.22% | 16.08% | −672.77 | #1903 |
| FY 2022-23 | 111.80 | 0.0031% | −27.87% | 1.98% | 659.25 | 0.0115% | −20.36% | 12.64% | −547.45 | #2386 |
| FY 2023-24 | 208.92 | 0.0058% | +86.87% | 3.85% | 912.29 | 0.0162% | +38.38% | 18.83% | −703.37 | #1741 |
| FY 2024-25 | 129.55 | 0.0035% | −37.99% | 2.44% | 1,126.10 | 0.0185% | +23.44% | 20.50% | −996.55 | #2344 |

- CAGR (7-year): exports 13.99%/yr, imports 13.70%/yr (consistently Deficit)

## Key trade insights: HSN Code 29141100 export-import analysis

### Consistent export growth: 13.99% CAGR over 7 years

India's exports under HSN Code 29141100 have grown at a compound annual rate of 13.99% over 7 fiscal years, rising from ₹59.04 Crore in FY 2018-19 to ₹129.55 Crore in FY 2024-25.

### HSN Code 29141100 ranked #2344 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 29141100 ranks #2344 out of 12657 HSN codes by total export value. Within Sub-Chapter 2914, it ranks #9 of 39. By trade surplus, it ranks #12205 of 12657.

### FY 2020-21 was the strongest growth year for HSN Code 29141100 exports

The strongest single-year export movement for HSN Code 29141100 was recorded in FY 2020-21, when exports surged by 242.81% over the prior year.

### India records a trade deficit of ₹996.55 Crore in HSN Code 29141100 goods

In FY 2024-25, India's imports of ₹1,126.10 Cr exceeded exports of ₹129.55 Cr, resulting in a trade deficit of ₹996.55 Crore — ranking #12205 of 12657 by surplus magnitude.

### Import growth of 13.70% CAGR signals rising demand for Acetone

India's imports under HSN Code 29141100 have grown at 13.70% CAGR, reaching ₹1,126.10 Crore in FY 2024-25.

### HSN Code 29141100 contributes 2.44% of Sub-Chapter 2914 exports — ranked #9

Among the 39 HSN codes under Sub-Chapter 2914, HSN Code 29141100 ranks #9 by export value — accounting for 2.44% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 20.50% share (rank #1).

## Related HSN Codes in Sub-Chapter 2914

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 29142990: Other Ketones](https://busy.in/hsn/hsn-29142990/) | ₹1,041 Cr |
| #2 | [HSN Code 29147990: Halogenated Derivatives: Other](https://busy.in/hsn/hsn-29147990/) | ₹971 Cr |
| #3 | [HSN Code 29145000: Ketone-phenols: Oxygen function](https://busy.in/hsn/hsn-29145000/) | ₹956 Cr |
| #4 | [HSN Code 29143990: Aromatic ketones: Other](https://busy.in/hsn/hsn-29143990/) | ₹456 Cr |
| #5 | [HSN Code 29142950: Camphor Derivatives](https://busy.in/hsn/hsn-29142950/) | ₹337 Cr |
| #6 | [HSN Code 29147930: Tri Fluoro Methyl Acetophenone](https://busy.in/hsn/hsn-29147930/) | ₹330 Cr |
| #7 | [HSN Code 29141990: Acyclic ketones](https://busy.in/hsn/hsn-29141990/) | ₹317 Cr |
| #8 | [HSN Code 29146990: Quinones \| Other](https://busy.in/hsn/hsn-29146990/) | ₹246 Cr |
| #9 | HSN Code 29141100: Acetone (this hsn code) | ₹130 Cr |
| #10 | [HSN Code 29142910: L-Carvone](https://busy.in/hsn/hsn-29142910/) | ₹97 Cr |