HSN Code 29141100: Acetone

HSN Code 29141100 represents Acetone under GST classification. This code helps businesses identify Acetone correctly for billing, taxation, and trade. With HSN Code 29141100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Acetone.

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Description of Goods for HSN Code 29141100

HSN Code 29141100 relates to the following description.

Description of Goods

Acyclic ketones without other oxygen function : Acetone

Chapter

29 - Organic chemicals

Sub Chapter

2914 - Ketones and quinones, whether or not with other oxygen function, and their halogenated, sulphonated, nitrated or nitrosated derivatives

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29141100 not include?

Acetone does not include products with the following descriptions.

HSN Code 29141200

Acyclic ketones without other oxygen function : Butanone (methyl ethyl ketone)

HSN Code 29141300

Acyclic ketones without other oxygen function :4-methylpentan-2-one (methyl isobutyl ketone)

HSN Code 29142200

Cyclanic, cyclenic or cycloterpenic ketones without other oxygen function : Cyclohexanone and methyl-cyclohexanones

HSN Code 29142310

Cyclanic, cyclenic or cycloterpenic ketones without other oxygen function : Ionones and methylionones : Beta-ionone

HSN Code 29142320

Cyclanic, cyclenic or cycloterpenic ketones without other oxygen function : Ionones and methylionones : Pseudo ionone

HSN Code 29142390

Cyclanic, cyclenic or cycloterpenic ketones without other oxygen function : Ionones and methylionones : Other

HSN Code 29142910

Cyclanic, cyclenic or cycloterpenic ketones without other oxygen function : Other : L-caravone

HSN Code 29142921

Cyclanic, cyclenic or cycloterpenic ketones without other oxygen function : Other : Camphor : Natural

HSN Code 29142922

Cyclanic, cyclenic or cycloterpenic ketones without other oxygen function : Other : Camphor : Synthetic

HSN Code 29142930

Cyclanic, cyclenic or cycloterpenic ketones without other oxygen function : Other : Camphor : Pentyl-2-cyclopenten-1-one

HSN Code 29142940

Cyclanic, cyclenic or cycloterpenic ketones without other oxygen function : Other : Camphor : Cyclohexane dione

HSN Code 29142950

Cyclanic, cyclenic or cycloterpenic ketones without other oxygen function : Other : Camphor : 7-acetyl, 1,2,3,4,5,6,7,8-octahydro, 1,1, 6,7-tetra methyl Naphthalene / 1-(2,3,8,8-tetramethyl-1,2, 3,4,5,6,7,8-octahydronaphthalen-2-yl) ethanone

HSN Code 29142990

Cyclanic, cyclenic or cycloterpenic ketones without other oxygen function : Other :other

HSN Code 29143100

Aromatic ketones without other oxygen function :Phenylacetone (phenylpropan-2-one

HSN Code 29143940

Aromatic ketones without other oxygen function : Other :Dibenzanthrone (violanthrone)

HSN Code 29147010

Ketones and quinones, whether or not with other oxygen function, and their halogenated, sulphonated, nitrated or nitrosated derivatives - halogenated, sulphonated, nitrated or nitrosated derivatives : 1-chloro anthra quinone

HSN Code 29147020

Ketones and quinones, whether or not with other oxygen function, and their halogenated, sulphonated, nitrated or nitrosated derivatives - halogenated, sulphonated, nitrated or nitrosated derivatives : musk ketone

HSN Code 29147090

Ketones and quinones, whether or not with other oxygen function, and their halogenated, sulphonated, nitrated or nitrosated derivatives - halogenated, sulphonated, nitrated or nitrosated derivatives : other

HSN Code 29147100

Halogenated, sulphonated, nitrated or nitrosated derivatives : Chlordecone (ISO)

HSN Code 29147910

Halogenated, sulphonated, nitrated or nitrosated derivatives : 1-chloro anthraquinone

HSN Code 29147930

Halogenated, sulphonated, nitrated or nitrosated derivatives : Tri fluoro methyl acetophenone

HSN Code 29147940

Halogenated, sulphonated, nitrated or nitrosated derivatives : Chloro-4-(4-chloro phenoxy) acetophenone

HSN Code 29147950

Halogenated, sulphonated, nitrated or nitrosated derivatives : Dichloroacetophenone

India’s Trade Performance — HSN Code 29141100 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

₹130 Cr

−37.99% vs FY 2023-24

0.0035% of India’s total exports

India’s Imports

FY 2024-25

₹1,126 Cr

+23.44% vs FY 2023-24

0.0185% of India’s total imports

Trade Balance

FY 2024-25

−₹997 Cr

Trade Deficit

Surplus rank #12205 of 12657 HSN codes

% of Sub-Chapter 2914

FY 2024-25

2.44%

Share of Sub-Chapter 2914’s total exports in FY 2024-25

Import side: 20.50% of Sub-Chapter 2914’s imports

Rank Within Sub-Chapter 2914

FY 2024-25

#9 of 39

Position by export value among HSN codes in Sub-Chapter 2914

Import-side rank: #1 of 39

At a glance

13.99%

Export CAGR

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

#2344

National Export Rank

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

+242.81%

Peak Growth Year

FY 2020-21 · strongest single-year move

2.44%

Contribution to Sub-Ch. 2914

Share of Sub-Chapter 2914 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #2642

Balance

−462.04

Exports

59.04 ₹ Cr

0.0026% share

— YoY

1.86% of Sub-Ch. 2914

Imports

521.08 ₹ Cr

0.0145% share

— YoY

12.12% of Sub-Ch. 2914

FY 2019-20 Exp. Rank #2713

Balance

−224.48

Exports

56.46 ₹ Cr

0.0026% share

−4.37% YoY

1.64% of Sub-Ch. 2914

Imports

280.94 ₹ Cr

0.0084% share

−46.09% YoY

8.71% of Sub-Ch. 2914

FY 2020-21 Exp. Rank #1398

Balance

−343.18

Exports

193.55 ₹ Cr

0.0090% share

+242.81% YoY

4.90% of Sub-Ch. 2914

Imports

536.73 ₹ Cr

0.0184% share

+91.05% YoY

13.15% of Sub-Ch. 2914

FY 2021-22 Exp. Rank #1903

Balance

−672.77

Exports

155.00 ₹ Cr

0.0049% share

−19.92% YoY

3.41% of Sub-Ch. 2914

Imports

827.77 ₹ Cr

0.0181% share

+54.22% YoY

16.08% of Sub-Ch. 2914

FY 2022-23 Exp. Rank #2386

Balance

−547.45

Exports

111.80 ₹ Cr

0.0031% share

−27.87% YoY

1.98% of Sub-Ch. 2914

Imports

659.25 ₹ Cr

0.0115% share

−20.36% YoY

12.64% of Sub-Ch. 2914

FY 2023-24 Exp. Rank #1741

Balance

−703.37

Exports

208.92 ₹ Cr

0.0058% share

+86.87% YoY

3.85% of Sub-Ch. 2914

Imports

912.29 ₹ Cr

0.0162% share

+38.38% YoY

18.83% of Sub-Ch. 2914

FY 2024-25 Exp. Rank #2344

Balance

−996.55

Exports

129.55 ₹ Cr

0.0035% share

−37.99% YoY

2.44% of Sub-Ch. 2914

Imports

1,126.10 ₹ Cr

0.0185% share

+23.44% YoY

20.50% of Sub-Ch. 2914

CAGR · 7-Year

Exports

13.99% /yr

Imports

13.70% /yr

Consistently Deficit
Sub-Chapter 2914 total

reference, FY 2024-25

Export

₹5,314.58 Cr

Import

₹5,493.27 Cr

Trade Balance

−178.69

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29141100 and GST compliance.

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.

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.