---
title: "HSN Code for Sodium formate | HSN 29151210 GST Rate"
description: "Find HSN and GST Rates for 29151210 related to Sodium formate with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-29151210/"
---

# HSN Code 29151210: Sodium formate

- [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 2915: Monocarboxylic acids and derivatives](https://busy.in/hsn/sub-chapter-2915/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Formic acid, its salts and esters: Salts of formic acid : Sodium formate | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 29151210 ?

It includes Sodium formate

### Do e‑way bill and e‑invoice apply for Sodium formate?

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.

### How should mixed supplies be billed when Sodium formate is sold with other items?

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

### How much GST applies to Sodium formate?

Under HSN 29151210, Sodium formate attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Can we claim ITC on inputs used to trade Sodium formate?

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 Sodium formate?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

## India's trade performance: HSN Code 29151210 (FY 2024-25)

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

- Exports: ₹3 Cr (+252.05% YoY) — 0.0001% of India's total exports
- Imports: ₹112 Cr (−12.41% YoY) — 0.0018% of India's total imports
- Trade balance: −₹110 Cr (Deficit); surplus rank #10866 of 12657 HSN codes
- Share of Sub-Chapter 2915: 0.04% of its exports; import side 0.95%
- Rank within Sub-Chapter 2915: #43 of 56 by export value; import-side #13

### Key metrics

- Export CAGR: 19.11% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #7361 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +252.05% in FY 2024-25
- Contribution to Sub-Ch. 2915: 0.04% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 29151210

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. 2915 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2915 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.02% | 102.83 | 0.0029% | — | 0.97% | −101.93 | #7719 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | −13.33% | 0.02% | 85.66 | 0.0026% | −16.70% | 1.03% | −84.88 | #7829 |
| FY 2020-21 | 1.65 | 0.0001% | +111.54% | 0.03% | 47.53 | 0.0016% | −44.51% | 0.57% | −45.88 | #7198 |
| FY 2021-22 | 5.09 | 0.0002% | +208.48% | 0.08% | 53.83 | 0.0012% | +13.25% | 0.32% | −48.74 | #6325 |
| FY 2022-23 | 2.51 | 0.0001% | −50.69% | 0.04% | 100.38 | 0.0017% | +86.48% | 0.68% | −97.87 | #7187 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | −70.92% | 0.01% | 128.28 | 0.0023% | +27.79% | 1.13% | −127.55 | #8511 |
| FY 2024-25 | 2.57 | 0.0001% | +252.05% | 0.04% | 112.36 | 0.0018% | −12.41% | 0.95% | −109.79 | #7361 |

- CAGR (7-year): exports 19.11%/yr, imports 1.49%/yr (consistently Deficit)

## Key trade insights: HSN Code 29151210 export-import analysis

### Consistent export growth: 19.11% CAGR over 7 years

India's exports under HSN Code 29151210 have grown at a compound annual rate of 19.11% over 7 fiscal years, rising from ₹0.90 Crore in FY 2018-19 to ₹2.57 Crore in FY 2024-25.

### HSN Code 29151210 ranked #7361 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 29151210 ranks #7361 out of 12657 HSN codes by total export value. Within Sub-Chapter 2915, it ranks #43 of 56. By trade surplus, it ranks #10866 of 12657.

### FY 2024-25 was the strongest growth year for HSN Code 29151210 exports

The strongest single-year export movement for HSN Code 29151210 was recorded in FY 2024-25, when exports surged by 252.05% over the prior year.

### India records a trade deficit of ₹109.79 Crore in HSN Code 29151210 goods

In FY 2024-25, India's imports of ₹112.36 Cr exceeded exports of ₹2.57 Cr, resulting in a trade deficit of ₹109.79 Crore — ranking #10866 of 12657 by surplus magnitude.

### Import growth of 1.49% CAGR signals stable import dependency for Sodium formate

India's imports under HSN Code 29151210 have grown at 1.49% CAGR, reaching ₹112.36 Crore in FY 2024-25.

### HSN Code 29151210 contributes 0.04% of Sub-Chapter 2915 exports — ranked #43

Among the 56 HSN codes under Sub-Chapter 2915, HSN Code 29151210 ranks #43 by export value — accounting for 0.04% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.95% share (rank #13).

## Related HSN Codes in Sub-Chapter 2915

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 29159099: Saturated Acyclic Monocarboxylic Acid Derivatives \| Other](https://busy.in/hsn/hsn-29159099/) | ₹1,100 Cr |
| #2 | [HSN Code 29153100: Ethyl acetate](https://busy.in/hsn/hsn-29153100/) | ₹787 Cr |
| #3 | [HSN Code 29157090: Palmitic & stearic acid: Other](https://busy.in/hsn/hsn-29157090/) | ₹553 Cr |
| #4 | [HSN Code 29153999: Other esters of acetic acid](https://busy.in/hsn/hsn-29153999/) | ₹499 Cr |
| #5 | [HSN Code 29157040: Other Halogenated Derivatives](https://busy.in/hsn/hsn-29157040/) | ₹487 Cr |
| #6 | [HSN Code 29155000: Propionic Acid, Its Salts And Esters](https://busy.in/hsn/hsn-29155000/) | ₹306 Cr |
| #7 | [HSN Code 29156020: Pentanoic acids, their salts, and esters](https://busy.in/hsn/hsn-29156020/) | ₹305 Cr |
| #8 | [HSN Code 29152400: Acetic anhydride](https://busy.in/hsn/hsn-29152400/) | ₹272 Cr |
| #9 | [HSN Code 29153970: Ortho tertiary butyl cyclohexyl acetate](https://busy.in/hsn/hsn-29153970/) | ₹221 Cr |
| #10 | [HSN Code 29159060: Other\| N-Octanoyl Chloride](https://busy.in/hsn/hsn-29159060/) | ₹182 Cr |
| #43 | HSN Code 29151210: Sodium formate (this hsn code) | ₹3 Cr |