HSN Code 29157050: Palmitic & Stearic Acid Salts & Esters: D.C.O. Fatty Acid

HSN Code 29157050 represents Palmitic & Stearic Acid Salts & Esters: D.C.O. Fatty Acid under GST classification. This code helps businesses identify Palmitic & Stearic Acid Salts & Esters: D.C.O. Fatty Acid correctly for billing, taxation, and trade. With HSN Code 29157050, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Palmitic & Stearic Acid Salts & Esters: D.C.O. Fatty Acid.

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Description of Goods for HSN Code 29157050

HSN Code 29157050 relates to the following description.

Description of Goods

Palmitic acid, stearic acid, their salts and esters : D.C.O. Fatty 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 29157050 not include?

Palmitic & Stearic Acid Salts & Esters: D.C.O. Fatty 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 29157050 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

₹59 Cr

+16.42% vs FY 2023-24

0.0016% of India’s total exports

India’s Imports

FY 2024-25

₹8 Cr

+15.08% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

₹50 Cr

Trade Surplus

Surplus rank #2157 of 12657 HSN codes

% of Sub-Chapter 2915

FY 2024-25

0.91%

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

Import side: 0.07% of Sub-Chapter 2915’s imports

Rank Within Sub-Chapter 2915

FY 2024-25

#22 of 56

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

Import-side rank: #29 of 56

At a glance

11.60%

Export CAGR

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

#3405

National Export Rank

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

+27.80%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.91%

Contribution to Sub-Ch. 2915

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

India Export-Import Trade Statistics for HSN Code 29157050

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 #3559

Balance

+26.80

Exports

30.36 ₹ Cr

0.0013% share

YoY

0.66% of Sub-Ch. 2915

Imports

3.56 ₹ Cr

0.0001% share

YoY

0.03% of Sub-Ch. 2915

FY 2019-20 Exp. Rank #3258

Balance

+36.01

Exports

38.80 ₹ Cr

0.0018% share

+27.80% YoY

0.85% of Sub-Ch. 2915

Imports

2.79 ₹ Cr

0.0001% share

−21.63% YoY

0.03% of Sub-Ch. 2915

FY 2020-21 Exp. Rank #3215

Balance

+38.57

Exports

41.22 ₹ Cr

0.0019% share

+6.24% YoY

0.83% of Sub-Ch. 2915

Imports

2.65 ₹ Cr

0.0001% share

−5.02% YoY

0.03% of Sub-Ch. 2915

FY 2021-22 Exp. Rank #3474

Balance

+41.89

Exports

46.19 ₹ Cr

0.0015% share

+12.06% YoY

0.71% of Sub-Ch. 2915

Imports

4.30 ₹ Cr

0.0001% share

+62.26% YoY

0.03% of Sub-Ch. 2915

FY 2022-23 Exp. Rank #3357

Balance

+47.61

Exports

54.59 ₹ Cr

0.0015% share

+18.19% YoY

0.82% of Sub-Ch. 2915

Imports

6.98 ₹ Cr

0.0001% share

+62.33% YoY

0.05% of Sub-Ch. 2915

FY 2023-24 Exp. Rank #3516

Balance

+43.22

Exports

50.38 ₹ Cr

0.0014% share

−7.71% YoY

0.89% of Sub-Ch. 2915

Imports

7.16 ₹ Cr

0.0001% share

+2.58% YoY

0.06% of Sub-Ch. 2915

FY 2024-25 Exp. Rank #3405

Balance

+50.41

Exports

58.65 ₹ Cr

0.0016% share

+16.42% YoY

0.91% of Sub-Ch. 2915

Imports

8.24 ₹ Cr

0.0001% share

+15.08% YoY

0.07% of Sub-Ch. 2915

CAGR · 7-Year

Exports

11.60% /yr

Imports

15.01% /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 29157050 Export-Import Analysis

Consistent Export Growth: 11.60% CAGR Over 7 Years

India's exports under HSN Code 29157050 have grown at a compound annual rate of 11.60% over 7 fiscal years, rising from ₹30.36 Crore in FY 2018-19 to ₹58.65 Crore in FY 2024-25.

HSN Code 29157050 Ranked #3405 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29157050 ranks #3405 out of 12657 HSN codes by total export value. Within Sub-Chapter 2915, it ranks #22 of 56. By trade surplus, it ranks #2157 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 29157050 Exports

The strongest single-year export movement for HSN Code 29157050 was recorded in FY 2019-20, when exports surged by 27.80% over the prior year.

India Maintains a Trade Surplus of ₹50.41 Crore in HSN Code 29157050 Goods

In FY 2024-25, India's exports of ₹58.65 Cr exceeded imports of ₹8.24 Cr, resulting in a trade surplus of ₹50.41 Crore — ranking #2157 of 12657 by surplus magnitude.

Import Growth of 15.01% CAGR Signals Rising Demand for Palmitic & Stearic Acid Salts & Esters: D.C.O. Fatty Acid

India's imports under HSN Code 29157050 have grown at 15.01% CAGR, reaching ₹8.24 Crore in FY 2024-25.

HSN Code 29157050 Contributes 0.91% of Sub-Chapter 2915 Exports — Ranked #22

Among the 56 HSN codes under Sub-Chapter 2915, HSN Code 29157050 ranks #22 by export value — accounting for 0.91% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.07% share (rank #29).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29157050 and GST compliance.

What products are classified under HSN 29157050 ?

It includes Palmitic & Stearic Acid Salts & Esters: D.C.O. Fatty Acid

How should mixed supplies be billed when Palmitic & Stearic Acid Salts & Esters: D.C.O. Fatty Acid is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Palmitic & Stearic Acid Salts & Esters: D.C.O. Fatty Acid; Nil for exempt items if applicable).

How much GST applies to Palmitic & Stearic Acid Salts & Esters: D.C.O. Fatty Acid?

Under HSN 29157050, Palmitic & Stearic Acid Salts & Esters: D.C.O. Fatty Acid attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Palmitic & Stearic Acid Salts & Esters: D.C.O. Fatty 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.

Can we claim ITC on inputs used to trade Palmitic & Stearic Acid Salts & Esters: D.C.O. Fatty Acid?

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 Palmitic & Stearic Acid Salts & Esters: D.C.O. Fatty 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.

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.