--- title: "HSN Code for Ketone-phenols: Oxygen function | HSN 29145000 GST Rate" description: "Find HSN and GST Rates for 29145000 related to Ketone-phenols: Oxygen function with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29145000/" --- # HSN Code 29145000: Ketone-phenols: Oxygen function - [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 | | --- | --- | --- | --- | --- | | Ketone-phenols and ketones with other oxygen function | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29145000 ? It includes Ketone-phenols: Oxygen function ### How should mixed supplies be billed when Ketone-phenols: Oxygen function is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Ketone-phenols: Oxygen function; Nil for exempt items if applicable). ### How much GST applies to Ketone-phenols: Oxygen function? Under HSN 29145000, Ketone-phenols: Oxygen function attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Ketone-phenols: Oxygen function? 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 Ketone-phenols: Oxygen function? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Ketone-phenols: Oxygen function? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Does packaging or labelling change the GST for Ketone-phenols: Oxygen function? 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 29145000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹956 Cr (−16.81% YoY) — 0.0260% of India's total exports - Imports: ₹103 Cr (−22.60% YoY) — 0.0017% of India's total imports - Trade balance: ₹854 Cr (Surplus); surplus rank #400 of 12657 HSN codes - Share of Sub-Chapter 2914: 18.00% of its exports; import side 1.87% - Rank within Sub-Chapter 2914: #3 of 39 by export value; import-side #11 ### Key metrics - Export CAGR: 28.63% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #550 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +107.84% in FY 2019-20 - Contribution to Sub-Ch. 2914: 18.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29145000 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 | 211.15 | 0.0092% | — | 6.64% | 95.49 | 0.0027% | — | 2.22% | +115.66 | #1270 | | FY 2019-20 | 438.85 | 0.0199% | +107.84% | 12.71% | 59.11 | 0.0018% | −38.10% | 1.83% | +379.74 | #730 | | FY 2020-21 | 468.28 | 0.0218% | +6.71% | 11.85% | 98.47 | 0.0034% | +66.59% | 2.41% | +369.81 | #723 | | FY 2021-22 | 570.49 | 0.0182% | +21.83% | 12.54% | 122.96 | 0.0027% | +24.87% | 2.39% | +447.53 | #764 | | FY 2022-23 | 1,080.60 | 0.0298% | +89.42% | 19.17% | 142.13 | 0.0025% | +15.59% | 2.72% | +938.47 | #469 | | FY 2023-24 | 1,149.57 | 0.0318% | +6.38% | 21.19% | 132.71 | 0.0024% | −6.63% | 2.74% | +1,016.86 | #442 | | FY 2024-25 | 956.36 | 0.0260% | −16.81% | 18.00% | 102.72 | 0.0017% | −22.60% | 1.87% | +853.64 | #550 | - CAGR (7-year): exports 28.63%/yr, imports 1.22%/yr (consistently Surplus) ## Key trade insights: HSN Code 29145000 export-import analysis ### Consistent export growth: 28.63% CAGR over 7 years India's exports under HSN Code 29145000 have grown at a compound annual rate of 28.63% over 7 fiscal years, rising from ₹211.15 Crore in FY 2018-19 to ₹956.36 Crore in FY 2024-25. ### HSN Code 29145000 ranked #550 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29145000 ranks #550 out of 12657 HSN codes by total export value. Within Sub-Chapter 2914, it ranks #3 of 39. By trade surplus, it ranks #400 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 29145000 exports The strongest single-year export movement for HSN Code 29145000 was recorded in FY 2019-20, when exports surged by 107.84% over the prior year. ### India maintains a trade surplus of ₹853.64 Crore in HSN Code 29145000 goods In FY 2024-25, India's exports of ₹956.36 Cr exceeded imports of ₹102.72 Cr, resulting in a trade surplus of ₹853.64 Crore — ranking #400 of 12657 by surplus magnitude. ### Import growth of 1.22% CAGR signals stable import dependency for Ketone-phenols: Oxygen function India's imports under HSN Code 29145000 have grown at 1.22% CAGR, reaching ₹102.72 Crore in FY 2024-25. ### HSN Code 29145000 contributes 18.00% of Sub-Chapter 2914 exports — ranked #3 Among the 39 HSN codes under Sub-Chapter 2914, HSN Code 29145000 ranks #3 by export value — accounting for 18.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.87% share (rank #11). ## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-29141100/) | ₹130 Cr | | #10 | [HSN Code 29142910: L-Carvone](https://busy.in/hsn/hsn-29142910/) | ₹97 Cr |