HSN Code 29151210: Sodium formate

HSN Code 29151210 represents Sodium formate under GST classification. This code helps businesses identify Sodium formate correctly for billing, taxation, and trade. With HSN Code 29151210, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Sodium formate.

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Description of Goods for HSN Code 29151210

HSN Code 29151210 relates to the following description.

Description of Goods

Formic acid, its salts and esters: Salts of formic acid : Sodium formate

Chapter

29 - Organic chemicals

Sub Chapter

2915 - Saturated acyclic monocarboxylic acids and their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29151210 not include?

Sodium formate does not include products with the following descriptions.

HSN Code 29152200

Saturated acyclic monocarboxylic acids and their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives - acetic acid and its salts; acetic anhydride : sodium acetate

HSN Code 29152300

Saturated acyclic monocarboxylic acids and their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives - acetic acid and its salts; acetic anhydride : cobalt acetates

HSN Code 29153400

Saturated acyclic monocarboxylic acids and their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives - esters of acetic acid : isobutyl acetate

HSN Code 29153500

Saturated acyclic monocarboxylic acids and their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives - esters of acetic acid : 2-ethoxyethyl acetate

HSN Code 29153990

Saturated acyclic monocarboxylic acids and their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives - esters of acetic acid : other : other

HSN Code 29154010

Mono-, di- or trichloroacetic acids, their salts and esters : Monochloroacetic acid, their salts and esters

HSN Code 29154020

Mono-, di- or trichloroacetic acids, their salts and esters : Dichloroacetic acid, their salts and esters

HSN Code 29154030

Mono-, di- or trichloroacetic acids, their salts and esters : Trichloroacetic acid, their salts and esters

HSN Code 29156010

Butanoic acids, pentanoic acids, their salts and esters :Butanoic acids, their salts and esters

HSN Code 29156020

Butanoic acids, pentanoic acids, their salts and esters :Pentanoic acids, their salts and esters

HSN Code 29157030

Palmitic acid, stearic acid, their salts and esters : Glycerol monostearate

HSN Code 29157040

Palmitic acid, stearic acid, their salts and esters : H.C.O.Fatty acid (including 12-hydroxy stearic acid)

HSN Code 29159020

Saturated acyclic monocarboxylic acids and their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives - other : octoic acid (caprylic acid)

HSN Code 29159030

Saturated acyclic monocarboxylic acids and their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives - other : hexoic acid (caproic acid)

HSN Code 29159090

Saturated acyclic monocarboxylic acids and their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives - other : other

India’s Trade Performance — HSN Code 29151210 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

₹3 Cr

+252.05% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹112 Cr

−12.41% vs FY 2023-24

0.0018% of India’s total imports

Trade Balance

FY 2024-25

−₹110 Cr

Trade Deficit

Surplus rank #10866 of 12657 HSN codes

% of Sub-Chapter 2915

FY 2024-25

0.04%

Share of Sub-Chapter 2915’s total exports in FY 2024-25

Import side: 0.95% of Sub-Chapter 2915’s imports

Rank Within Sub-Chapter 2915

FY 2024-25

#43 of 56

Position by export value among HSN codes in Sub-Chapter 2915

Import-side rank: #13 of 56

At a glance

19.11%

Export CAGR

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

#7361

National Export Rank

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

+252.05%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.04%

Contribution to Sub-Ch. 2915

Share of Sub-Chapter 2915 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #7719

Balance

−101.93

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.02% of Sub-Ch. 2915

Imports

102.83 ₹ Cr

0.0029% share

— YoY

0.97% of Sub-Ch. 2915

FY 2019-20 Exp. Rank #7829

Balance

−84.88

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−13.33% YoY

0.02% of Sub-Ch. 2915

Imports

85.66 ₹ Cr

0.0026% share

−16.70% YoY

1.03% of Sub-Ch. 2915

FY 2020-21 Exp. Rank #7198

Balance

−45.88

Exports

1.65 ₹ Cr

0.0001% share

+111.54% YoY

0.03% of Sub-Ch. 2915

Imports

47.53 ₹ Cr

0.0016% share

−44.51% YoY

0.57% of Sub-Ch. 2915

FY 2021-22 Exp. Rank #6325

Balance

−48.74

Exports

5.09 ₹ Cr

0.0002% share

+208.48% YoY

0.08% of Sub-Ch. 2915

Imports

53.83 ₹ Cr

0.0012% share

+13.25% YoY

0.32% of Sub-Ch. 2915

FY 2022-23 Exp. Rank #7187

Balance

−97.87

Exports

2.51 ₹ Cr

0.0001% share

−50.69% YoY

0.04% of Sub-Ch. 2915

Imports

100.38 ₹ Cr

0.0017% share

+86.48% YoY

0.68% of Sub-Ch. 2915

FY 2023-24 Exp. Rank #8511

Balance

−127.55

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−70.92% YoY

0.01% of Sub-Ch. 2915

Imports

128.28 ₹ Cr

0.0023% share

+27.79% YoY

1.13% of Sub-Ch. 2915

FY 2024-25 Exp. Rank #7361

Balance

−109.79

Exports

2.57 ₹ Cr

0.0001% share

+252.05% YoY

0.04% of Sub-Ch. 2915

Imports

112.36 ₹ Cr

0.0018% share

−12.41% YoY

0.95% of Sub-Ch. 2915

CAGR · 7-Year

Exports

19.11% /yr

Imports

1.49% /yr

Consistently Deficit
Sub-Chapter 2915 total

reference, FY 2024-25

Export

₹6,423.60 Cr

Import

₹11,830.21 Cr

Trade Balance

−5,406.61

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29151210 and GST compliance.

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.

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.