HSN Code 29157020: Stearic acid

HSN Code 29157020 represents Stearic acid under GST classification. This code helps businesses identify Stearic acid correctly for billing, taxation, and trade. With HSN Code 29157020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Stearic acid.

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Description of Goods for HSN Code 29157020

HSN Code 29157020 relates to the following description.

Description of Goods

Palmitic acid, stearic acid, their salts and esters : Stearic acid

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 29157020 not include?

Stearic acid 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 29157020 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

₹7 Cr

+185.89% vs FY 2023-24

0.0002% of India’s total exports

India’s Imports

FY 2024-25

₹85 Cr

+16.05% vs FY 2023-24

0.0014% of India’s total imports

Trade Balance

FY 2024-25

−₹78 Cr

Trade Deficit

Surplus rank #10596 of 12657 HSN codes

% of Sub-Chapter 2915

FY 2024-25

0.11%

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

Import side: 0.71% of Sub-Chapter 2915’s imports

Rank Within Sub-Chapter 2915

FY 2024-25

#37 of 56

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

Import-side rank: #15 of 56

At a glance

31.38%

Export CAGR

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

#6241

National Export Rank

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

+378.63%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.11%

Contribution to Sub-Ch. 2915

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

India Export-Import Trade Statistics for HSN Code 29157020

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 #7344

Balance

−28.77

Exports

1.34 ₹ Cr

0.0001% share

YoY

0.03% of Sub-Ch. 2915

Imports

30.11 ₹ Cr

0.0008% share

YoY

0.29% of Sub-Ch. 2915

FY 2019-20 Exp. Rank #6355

Balance

−29.81

Exports

3.27 ₹ Cr

0.0001% share

+144.03% YoY

0.07% of Sub-Ch. 2915

Imports

33.08 ₹ Cr

0.0010% share

+9.86% YoY

0.40% of Sub-Ch. 2915

FY 2020-21 Exp. Rank #7414

Balance

−35.79

Exports

1.31 ₹ Cr

0.0001% share

−59.94% YoY

0.03% of Sub-Ch. 2915

Imports

37.10 ₹ Cr

0.0013% share

+12.15% YoY

0.45% of Sub-Ch. 2915

FY 2021-22 Exp. Rank #6074

Balance

−71.17

Exports

6.27 ₹ Cr

0.0002% share

+378.63% YoY

0.10% of Sub-Ch. 2915

Imports

77.44 ₹ Cr

0.0017% share

+108.73% YoY

0.45% of Sub-Ch. 2915

FY 2022-23 Exp. Rank #6309

Balance

−123.05

Exports

5.73 ₹ Cr

0.0002% share

−8.61% YoY

0.09% of Sub-Ch. 2915

Imports

128.78 ₹ Cr

0.0022% share

+66.30% YoY

0.88% of Sub-Ch. 2915

FY 2023-24 Exp. Rank #7383

Balance

−70.44

Exports

2.41 ₹ Cr

0.0001% share

−57.94% YoY

0.04% of Sub-Ch. 2915

Imports

72.85 ₹ Cr

0.0013% share

−43.43% YoY

0.64% of Sub-Ch. 2915

FY 2024-25 Exp. Rank #6241

Balance

−77.65

Exports

6.89 ₹ Cr

0.0002% share

+185.89% YoY

0.11% of Sub-Ch. 2915

Imports

84.54 ₹ Cr

0.0014% share

+16.05% YoY

0.71% of Sub-Ch. 2915

CAGR · 7-Year

Exports

31.38% /yr

Imports

18.78% /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 29157020 Export-Import Analysis

Consistent Export Growth: 31.38% CAGR Over 7 Years

India's exports under HSN Code 29157020 have grown at a compound annual rate of 31.38% over 7 fiscal years, rising from ₹1.34 Crore in FY 2018-19 to ₹6.89 Crore in FY 2024-25.

HSN Code 29157020 Ranked #6241 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29157020 ranks #6241 out of 12657 HSN codes by total export value. Within Sub-Chapter 2915, it ranks #37 of 56. By trade surplus, it ranks #10596 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 29157020 Exports

The strongest single-year export movement for HSN Code 29157020 was recorded in FY 2021-22, when exports surged by 378.63% over the prior year.

India Records a Trade Deficit of ₹77.65 Crore in HSN Code 29157020 Goods

In FY 2024-25, India's imports of ₹84.54 Cr exceeded exports of ₹6.89 Cr, resulting in a trade deficit of ₹77.65 Crore — ranking #10596 of 12657 by surplus magnitude.

Import Growth of 18.78% CAGR Signals Rising Demand for Stearic acid

India's imports under HSN Code 29157020 have grown at 18.78% CAGR, reaching ₹84.54 Crore in FY 2024-25.

HSN Code 29157020 Contributes 0.11% of Sub-Chapter 2915 Exports — Ranked #37

Among the 56 HSN codes under Sub-Chapter 2915, HSN Code 29157020 ranks #37 by export value — accounting for 0.11% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.71% share (rank #15).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29157020 and GST compliance.

What products are classified under HSN 29157020 ?

It includes Stearic acid

Does packaging or labelling change the GST for Stearic acid?

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.

How should mixed supplies be billed when Stearic acid is sold with other items?

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

Can we claim ITC on inputs used to trade Stearic acid?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Do e‑way bill and e‑invoice apply for Stearic acid?

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 much GST applies to Stearic acid?

Under HSN 29157020, Stearic acid attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Stearic acid?

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.