HSN Code 29141300: Methyl Isobutyl Ketone

HSN Code 29141300 represents Methyl Isobutyl Ketone under GST classification. This code helps businesses identify Methyl Isobutyl Ketone correctly for billing, taxation, and trade. With HSN Code 29141300, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Methyl Isobutyl Ketone.

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Description of Goods for HSN Code 29141300

HSN Code 29141300 relates to the following description.

Description of Goods

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

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 29141300 not include?

Methyl Isobutyl Ketone does not include products with the following descriptions.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Halogenated, sulphonated, nitrated or nitrosated derivatives : Dichloroacetophenone

India’s Trade Performance — HSN Code 29141300 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

₹19 Cr

−23.26% vs FY 2023-24

0.0005% of India’s total exports

India’s Imports

FY 2024-25

₹615 Cr

−0.84% vs FY 2023-24

0.0101% of India’s total imports

Trade Balance

FY 2024-25

−₹596 Cr

Trade Deficit

Surplus rank #11998 of 12657 HSN codes

% of Sub-Chapter 2914

FY 2024-25

0.35%

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

Import side: 11.19% of Sub-Chapter 2914’s imports

Rank Within Sub-Chapter 2914

FY 2024-25

#19 of 39

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

Import-side rank: #3 of 39

At a glance

0.31%

Export CAGR

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

#4990

National Export Rank

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

+203.97%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.35%

Contribution to Sub-Ch. 2914

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

India Export-Import Trade Statistics for HSN Code 29141300

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 #4227

Balance

−277.72

Exports

18.17 ₹ Cr

0.0008% share

YoY

0.57% of Sub-Ch. 2914

Imports

295.89 ₹ Cr

0.0083% share

YoY

6.88% of Sub-Ch. 2914

FY 2019-20 Exp. Rank #4480

Balance

−167.20

Exports

15.25 ₹ Cr

0.0007% share

−16.07% YoY

0.44% of Sub-Ch. 2914

Imports

182.45 ₹ Cr

0.0054% share

−38.34% YoY

5.66% of Sub-Ch. 2914

FY 2020-21 Exp. Rank #5244

Balance

−310.63

Exports

8.82 ₹ Cr

0.0004% share

−42.16% YoY

0.22% of Sub-Ch. 2914

Imports

319.45 ₹ Cr

0.0110% share

+75.09% YoY

7.83% of Sub-Ch. 2914

FY 2021-22 Exp. Rank #4186

Balance

−601.61

Exports

26.81 ₹ Cr

0.0009% share

+203.97% YoY

0.59% of Sub-Ch. 2914

Imports

628.42 ₹ Cr

0.0137% share

+96.72% YoY

12.20% of Sub-Ch. 2914

FY 2022-23 Exp. Rank #5322

Balance

−355.19

Exports

12.71 ₹ Cr

0.0004% share

−52.59% YoY

0.23% of Sub-Ch. 2914

Imports

367.90 ₹ Cr

0.0064% share

−41.46% YoY

7.05% of Sub-Ch. 2914

FY 2023-24 Exp. Rank #4505

Balance

−595.78

Exports

24.12 ₹ Cr

0.0007% share

+89.77% YoY

0.44% of Sub-Ch. 2914

Imports

619.90 ₹ Cr

0.0110% share

+68.50% YoY

12.80% of Sub-Ch. 2914

FY 2024-25 Exp. Rank #4990

Balance

−596.21

Exports

18.51 ₹ Cr

0.0005% share

−23.26% YoY

0.35% of Sub-Ch. 2914

Imports

614.72 ₹ Cr

0.0101% share

−0.84% YoY

11.19% of Sub-Ch. 2914

CAGR · 7-Year

Exports

0.31% /yr

Imports

12.96% /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 29141300 Export-Import Analysis

Consistent Export Growth: 0.31% CAGR Over 7 Years

India's exports under HSN Code 29141300 have grown at a compound annual rate of 0.31% over 7 fiscal years, rising from ₹18.17 Crore in FY 2018-19 to ₹18.51 Crore in FY 2024-25.

HSN Code 29141300 Ranked #4990 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29141300 ranks #4990 out of 12657 HSN codes by total export value. Within Sub-Chapter 2914, it ranks #19 of 39. By trade surplus, it ranks #11998 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 29141300 Exports

The strongest single-year export movement for HSN Code 29141300 was recorded in FY 2021-22, when exports surged by 203.97% over the prior year.

India Records a Trade Deficit of ₹596.21 Crore in HSN Code 29141300 Goods

In FY 2024-25, India's imports of ₹614.72 Cr exceeded exports of ₹18.51 Cr, resulting in a trade deficit of ₹596.21 Crore — ranking #11998 of 12657 by surplus magnitude.

Import Growth of 12.96% CAGR Signals Rising Demand for Methyl Isobutyl Ketone

India's imports under HSN Code 29141300 have grown at 12.96% CAGR, reaching ₹614.72 Crore in FY 2024-25.

HSN Code 29141300 Contributes 0.35% of Sub-Chapter 2914 Exports — Ranked #19

Among the 39 HSN codes under Sub-Chapter 2914, HSN Code 29141300 ranks #19 by export value — accounting for 0.35% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 11.19% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29141300 and GST compliance.

What products are classified under HSN 29141300 ?

It includes Methyl Isobutyl Ketone

Can we claim ITC on inputs used to trade Methyl Isobutyl Ketone?

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 Methyl Isobutyl Ketone?

Under HSN 29141300, Methyl Isobutyl Ketone attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Methyl Isobutyl Ketone?

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 Methyl Isobutyl Ketone?

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 Methyl Isobutyl Ketone?

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 Methyl Isobutyl Ketone is sold with other items?

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

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.