HSN Code 29157090: Palmitic & stearic acid: Other

HSN Code 29157090 represents Palmitic & stearic acid: Other under GST classification. This code helps businesses identify Palmitic & stearic acid: Other correctly for billing, taxation, and trade. With HSN Code 29157090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Palmitic & stearic acid: Other.

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Description of Goods for HSN Code 29157090

HSN Code 29157090 relates to the following description.

Description of Goods

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

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 29157090 not include?

Palmitic & stearic acid: Other 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 29157090 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

₹553 Cr

+30.15% vs FY 2023-24

0.0150% of India’s total exports

India’s Imports

FY 2024-25

₹266 Cr

+15.26% vs FY 2023-24

0.0044% of India’s total imports

Trade Balance

FY 2024-25

₹288 Cr

Trade Surplus

Surplus rank #939 of 12657 HSN codes

% of Sub-Chapter 2915

FY 2024-25

8.62%

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

Import side: 2.24% of Sub-Chapter 2915’s imports

Rank Within Sub-Chapter 2915

FY 2024-25

#3 of 56

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

Import-side rank: #9 of 56

At a glance

15.26%

Export CAGR

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

#923

National Export Rank

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

+39.68%

Peak Growth Year

FY 2019-20 · strongest single-year move

8.62%

Contribution to Sub-Ch. 2915

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

India Export-Import Trade Statistics for HSN Code 29157090

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 #1182

Balance

+59.52

Exports

236.02 ₹ Cr

0.0103% share

YoY

5.12% of Sub-Ch. 2915

Imports

176.50 ₹ Cr

0.0049% share

YoY

1.67% of Sub-Ch. 2915

FY 2019-20 Exp. Rank #919

Balance

+154.60

Exports

329.68 ₹ Cr

0.0150% share

+39.68% YoY

7.22% of Sub-Ch. 2915

Imports

175.08 ₹ Cr

0.0052% share

−0.80% YoY

2.11% of Sub-Ch. 2915

FY 2020-21 Exp. Rank #940

Balance

+109.17

Exports

330.70 ₹ Cr

0.0154% share

+0.31% YoY

6.70% of Sub-Ch. 2915

Imports

221.53 ₹ Cr

0.0076% share

+26.53% YoY

2.68% of Sub-Ch. 2915

FY 2021-22 Exp. Rank #1217

Balance

+148.10

Exports

328.14 ₹ Cr

0.0105% share

−0.77% YoY

5.04% of Sub-Ch. 2915

Imports

180.04 ₹ Cr

0.0039% share

−18.73% YoY

1.06% of Sub-Ch. 2915

FY 2022-23 Exp. Rank #1005

Balance

+173.79

Exports

446.59 ₹ Cr

0.0123% share

+36.10% YoY

6.69% of Sub-Ch. 2915

Imports

272.80 ₹ Cr

0.0047% share

+51.52% YoY

1.86% of Sub-Ch. 2915

FY 2023-24 Exp. Rank #1098

Balance

+194.87

Exports

425.27 ₹ Cr

0.0118% share

−4.77% YoY

7.55% of Sub-Ch. 2915

Imports

230.40 ₹ Cr

0.0041% share

−15.54% YoY

2.04% of Sub-Ch. 2915

FY 2024-25 Exp. Rank #923

Balance

+287.91

Exports

553.47 ₹ Cr

0.0150% share

+30.15% YoY

8.62% of Sub-Ch. 2915

Imports

265.56 ₹ Cr

0.0044% share

+15.26% YoY

2.24% of Sub-Ch. 2915

CAGR · 7-Year

Exports

15.26% /yr

Imports

7.05% /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 29157090 Export-Import Analysis

Consistent Export Growth: 15.26% CAGR Over 7 Years

India's exports under HSN Code 29157090 have grown at a compound annual rate of 15.26% over 7 fiscal years, rising from ₹236.02 Crore in FY 2018-19 to ₹553.47 Crore in FY 2024-25.

HSN Code 29157090 Ranked #923 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29157090 ranks #923 out of 12657 HSN codes by total export value. Within Sub-Chapter 2915, it ranks #3 of 56. By trade surplus, it ranks #939 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 29157090 Exports

The strongest single-year export movement for HSN Code 29157090 was recorded in FY 2019-20, when exports surged by 39.68% over the prior year.

India Maintains a Trade Surplus of ₹287.91 Crore in HSN Code 29157090 Goods

In FY 2024-25, India's exports of ₹553.47 Cr exceeded imports of ₹265.56 Cr, resulting in a trade surplus of ₹287.91 Crore — ranking #939 of 12657 by surplus magnitude.

Import Growth of 7.05% CAGR Signals Stable Import Dependency for Palmitic & stearic acid: Other

India's imports under HSN Code 29157090 have grown at 7.05% CAGR, reaching ₹265.56 Crore in FY 2024-25.

HSN Code 29157090 Contributes 8.62% of Sub-Chapter 2915 Exports — Ranked #3

Among the 56 HSN codes under Sub-Chapter 2915, HSN Code 29157090 ranks #3 by export value — accounting for 8.62% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.24% share (rank #9).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29157090 and GST compliance.

What products are classified under HSN 29157090 ?

It includes Palmitic & stearic acid: Other

Do e‑way bill and e‑invoice apply for Palmitic & stearic acid: Other?

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: Other?

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

How much GST applies to Palmitic & stearic acid: Other?

Under HSN 29157090, Palmitic & stearic acid: Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Palmitic & stearic acid: Other?

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.

Any common misclassification issue with Palmitic & stearic acid: Other?

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.