HSN Code 29153960: Terpinyl acetate

HSN Code 29153960 represents Terpinyl acetate under GST classification. This code helps businesses identify Terpinyl acetate correctly for billing, taxation, and trade. With HSN Code 29153960, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Terpinyl acetate.

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Description of Goods for HSN Code 29153960

HSN Code 29153960 relates to the following description.

Description of Goods

Esters of acetic acid : other : Terpinyl acetate

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 29153960 not include?

Terpinyl acetate does not include products with the following descriptions.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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 29153960 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

₹67 Cr

+79.03% vs FY 2023-24

0.0018% of India’s total exports

India’s Imports

FY 2024-25

₹3 Cr

−62.89% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

₹64 Cr

Trade Surplus

Surplus rank #1981 of 12657 HSN codes

% of Sub-Chapter 2915

FY 2024-25

1.04%

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

Import side: 0.03% of Sub-Chapter 2915’s imports

Rank Within Sub-Chapter 2915

FY 2024-25

#21 of 56

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

Import-side rank: #36 of 56

At a glance

18.76%

Export CAGR

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

#3221

National Export Rank

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

+289.02%

Peak Growth Year

FY 2019-20 · strongest single-year move

1.04%

Contribution to Sub-Ch. 2915

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

India Export-Import Trade Statistics for HSN Code 29153960

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 #3881

Balance

+17.54

Exports

23.76 ₹ Cr

0.0010% share

YoY

0.52% of Sub-Ch. 2915

Imports

6.22 ₹ Cr

0.0002% share

YoY

0.06% of Sub-Ch. 2915

FY 2019-20 Exp. Rank #2098

Balance

+89.38

Exports

92.43 ₹ Cr

0.0042% share

+289.02% YoY

2.02% of Sub-Ch. 2915

Imports

3.05 ₹ Cr

0.0001% share

−50.96% YoY

0.04% of Sub-Ch. 2915

FY 2020-21 Exp. Rank #3504

Balance

+29.83

Exports

33.51 ₹ Cr

0.0016% share

−63.75% YoY

0.68% of Sub-Ch. 2915

Imports

3.68 ₹ Cr

0.0001% share

+20.66% YoY

0.04% of Sub-Ch. 2915

FY 2021-22 Exp. Rank #3654

Balance

+36.48

Exports

40.60 ₹ Cr

0.0013% share

+21.16% YoY

0.62% of Sub-Ch. 2915

Imports

4.12 ₹ Cr

0.0001% share

+11.96% YoY

0.02% of Sub-Ch. 2915

FY 2022-23 Exp. Rank #3774

Balance

+34.61

Exports

40.00 ₹ Cr

0.0011% share

−1.48% YoY

0.60% of Sub-Ch. 2915

Imports

5.39 ₹ Cr

0.0001% share

+30.83% YoY

0.04% of Sub-Ch. 2915

FY 2023-24 Exp. Rank #3947

Balance

+28.86

Exports

37.24 ₹ Cr

0.0010% share

−6.90% YoY

0.66% of Sub-Ch. 2915

Imports

8.38 ₹ Cr

0.0001% share

+55.47% YoY

0.07% of Sub-Ch. 2915

FY 2024-25 Exp. Rank #3221

Balance

+63.56

Exports

66.67 ₹ Cr

0.0018% share

+79.03% YoY

1.04% of Sub-Ch. 2915

Imports

3.11 ₹ Cr

0.0001% share

−62.89% YoY

0.03% of Sub-Ch. 2915

CAGR · 7-Year

Exports

18.76% /yr

Imports

−10.91% /yr

Consistently Surplus
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 29153960 Export-Import Analysis

Consistent Export Growth: 18.76% CAGR Over 7 Years

India's exports under HSN Code 29153960 have grown at a compound annual rate of 18.76% over 7 fiscal years, rising from ₹23.76 Crore in FY 2018-19 to ₹66.67 Crore in FY 2024-25.

HSN Code 29153960 Ranked #3221 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29153960 ranks #3221 out of 12657 HSN codes by total export value. Within Sub-Chapter 2915, it ranks #21 of 56. By trade surplus, it ranks #1981 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 29153960 Exports

The strongest single-year export movement for HSN Code 29153960 was recorded in FY 2019-20, when exports surged by 289.02% over the prior year.

India Maintains a Trade Surplus of ₹63.56 Crore in HSN Code 29153960 Goods

In FY 2024-25, India's exports of ₹66.67 Cr exceeded imports of ₹3.11 Cr, resulting in a trade surplus of ₹63.56 Crore — ranking #1981 of 12657 by surplus magnitude.

Import Growth of −10.91% CAGR Signals Stable Import Dependency for Terpinyl acetate

India's imports under HSN Code 29153960 have grown at −10.91% CAGR, reaching ₹3.11 Crore in FY 2024-25.

HSN Code 29153960 Contributes 1.04% of Sub-Chapter 2915 Exports — Ranked #21

Among the 56 HSN codes under Sub-Chapter 2915, HSN Code 29153960 ranks #21 by export value — accounting for 1.04% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.03% share (rank #36).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29153960 and GST compliance.

What products are classified under HSN 29153960 ?

It includes Terpinyl acetate

How much GST applies to Terpinyl acetate?

Under HSN 29153960, Terpinyl acetate attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Terpinyl acetate?

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 Terpinyl acetate?

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

Does packaging or labelling change the GST for Terpinyl acetate?

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 Terpinyl acetate?

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 Terpinyl acetate is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Terpinyl acetate; 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.