HSN Code 29155000: Propionic Acid, Its Salts And Esters

HSN Code 29155000 represents Propionic Acid, Its Salts And Esters under GST classification. This code helps businesses identify Propionic Acid, Its Salts And Esters correctly for billing, taxation, and trade. With HSN Code 29155000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Propionic Acid, Its Salts And Esters.

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Description of Goods for HSN Code 29155000

HSN Code 29155000 relates to the following description.

Description of Goods

Propionic acid, its salts and esters

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 29155000 not include?

Propionic Acid, Its Salts And Esters 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 29155000 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

₹306 Cr

−8.33% vs FY 2023-24

0.0083% of India’s total exports

India’s Imports

FY 2024-25

₹392 Cr

+56.15% vs FY 2023-24

0.0065% of India’s total imports

Trade Balance

FY 2024-25

−₹86 Cr

Trade Deficit

Surplus rank #10680 of 12657 HSN codes

% of Sub-Chapter 2915

FY 2024-25

4.77%

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

Import side: 3.31% of Sub-Chapter 2915’s imports

Rank Within Sub-Chapter 2915

FY 2024-25

#6 of 56

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

Import-side rank: #8 of 56

At a glance

3.97%

Export CAGR

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

#1420

National Export Rank

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

+39.41%

Peak Growth Year

FY 2019-20 · strongest single-year move

4.77%

Contribution to Sub-Ch. 2915

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

India Export-Import Trade Statistics for HSN Code 29155000

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 #1156

Balance

−69.55

Exports

242.37 ₹ Cr

0.0106% share

— YoY

5.26% of Sub-Ch. 2915

Imports

311.92 ₹ Cr

0.0087% share

— YoY

2.96% of Sub-Ch. 2915

FY 2019-20 Exp. Rank #901

Balance

+124.56

Exports

337.88 ₹ Cr

0.0153% share

+39.41% YoY

7.40% of Sub-Ch. 2915

Imports

213.32 ₹ Cr

0.0064% share

−31.61% YoY

2.57% of Sub-Ch. 2915

FY 2020-21 Exp. Rank #803

Balance

+167.06

Exports

416.76 ₹ Cr

0.0194% share

+23.35% YoY

8.44% of Sub-Ch. 2915

Imports

249.70 ₹ Cr

0.0086% share

+17.05% YoY

3.02% of Sub-Ch. 2915

FY 2021-22 Exp. Rank #980

Balance

+33.12

Exports

425.01 ₹ Cr

0.0135% share

+1.98% YoY

6.52% of Sub-Ch. 2915

Imports

391.89 ₹ Cr

0.0086% share

+56.94% YoY

2.30% of Sub-Ch. 2915

FY 2022-23 Exp. Rank #1381

Balance

−77.77

Exports

284.22 ₹ Cr

0.0078% share

−33.13% YoY

4.26% of Sub-Ch. 2915

Imports

361.99 ₹ Cr

0.0063% share

−7.63% YoY

2.46% of Sub-Ch. 2915

FY 2023-24 Exp. Rank #1293

Balance

+83.02

Exports

334.04 ₹ Cr

0.0092% share

+17.53% YoY

5.93% of Sub-Ch. 2915

Imports

251.02 ₹ Cr

0.0045% share

−30.66% YoY

2.22% of Sub-Ch. 2915

FY 2024-25 Exp. Rank #1420

Balance

−85.76

Exports

306.22 ₹ Cr

0.0083% share

−8.33% YoY

4.77% of Sub-Ch. 2915

Imports

391.98 ₹ Cr

0.0065% share

+56.15% YoY

3.31% of Sub-Ch. 2915

CAGR · 7-Year

Exports

3.97% /yr

Imports

3.88% /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 29155000 Export-Import Analysis

Consistent Export Growth: 3.97% CAGR Over 7 Years

India's exports under HSN Code 29155000 have grown at a compound annual rate of 3.97% over 7 fiscal years, rising from ₹242.37 Crore in FY 2018-19 to ₹306.22 Crore in FY 2024-25.

HSN Code 29155000 Ranked #1420 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29155000 ranks #1420 out of 12657 HSN codes by total export value. Within Sub-Chapter 2915, it ranks #6 of 56. By trade surplus, it ranks #10680 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 29155000 Exports

The strongest single-year export movement for HSN Code 29155000 was recorded in FY 2019-20, when exports surged by 39.41% over the prior year.

India Records a Trade Deficit of ₹85.76 Crore in HSN Code 29155000 Goods

In FY 2024-25, India's imports of ₹391.98 Cr exceeded exports of ₹306.22 Cr, resulting in a trade deficit of ₹85.76 Crore — ranking #10680 of 12657 by surplus magnitude.

Import Growth of 3.88% CAGR Signals Stable Import Dependency for Propionic Acid, Its Salts And Esters

India's imports under HSN Code 29155000 have grown at 3.88% CAGR, reaching ₹391.98 Crore in FY 2024-25.

HSN Code 29155000 Contributes 4.77% of Sub-Chapter 2915 Exports — Ranked #6

Among the 56 HSN codes under Sub-Chapter 2915, HSN Code 29155000 ranks #6 by export value — accounting for 4.77% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.31% share (rank #8).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29155000 and GST compliance.

What products are classified under HSN 29155000 ?

It includes Propionic Acid, Its Salts And Esters

How should mixed supplies be billed when Propionic Acid, Its Salts And Esters is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Propionic Acid, Its Salts And Esters; Nil for exempt items if applicable).

How much GST applies to Propionic Acid, Its Salts And Esters?

Under HSN 29155000, Propionic Acid, Its Salts And Esters attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Propionic Acid, Its Salts And Esters?

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 Propionic Acid, Its Salts And Esters?

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 Propionic Acid, Its Salts And Esters?

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.

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.