HSN Code 29161310: Methacrylic acid: Methacryl Acid

HSN Code 29161310 represents Methacrylic acid: Methacryl Acid under GST classification. This code helps businesses identify Methacrylic acid: Methacryl Acid correctly for billing, taxation, and trade. With HSN Code 29161310, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Methacrylic acid: Methacryl Acid.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 29161310

HSN Code 29161310 relates to the following description.

Description of Goods

Unsaturated acyclic monocarboxylic acids, their anhydrides, halides,: Methacrylic acid and its salts : Methacrylic acid

Chapter

29 - Organic chemicals

Sub Chapter

2916 - Unsaturated acyclic monocarboxylic acids, cyclic monocarboxylic acids, 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 29161310 not include?

Methacrylic acid: Methacryl Acid does not include products with the following descriptions.

Unsaturated acyclic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids – their derivatives : Acrylic acid and its salts

Unsaturated acyclic monocarboxylic acids, their anhydrides, halides,: Esters of acrylic acid : Butyl acrylate

Unsaturated acyclic monocarboxylic acids, their anhydrides, halides,: Esters of acrylic acid : Other

Unsaturated acyclic monocarboxylic acids, their anhydrides, halides,: Methacrylic acid and its salts : Salts of methacrylic acid

Unsaturated acyclic monocarboxylic acids, their anhydrides, halides, : Esters of methacrylic acid

Unsaturated acyclic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids – their derivatives : Oleic, linoleic or linolenic acids, their salts and esters : Oleic acid

Unsaturated acyclic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids – their derivatives : Oleic, linoleic or linolenic acids, their salts and esters : Other

Unsaturated acyclic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids – their derivatives : Binapacryl (ISO)

Unsaturated acyclic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids – their derivatives : Other : Undecylenic acid

Unsaturated acyclic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids – their derivatives : Other : Bismuth compounds of unsaturated acyclic monoacids

Unsaturated acyclic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids – their derivatives :Other : Potassium compounds of unsaturated acyclic monoacids

Unsaturated acyclic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids – their derivatives : Other :Sodium compounds of unsaturated acyclic monoacids

Unsaturated acyclic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids – their derivatives : Other : Esters of unsaturated acyclic monoacids not elsewhere specified

Unsaturated acyclic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids – their derivatives : Other : Sorbic acid

Unsaturated acyclic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids – their derivatives : Other : Erucic acid

Unsaturated acyclic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids – their derivatives : Other : Other

Unsaturated acyclic monocarboxylic acids, cyclic monocarboxylic acids, their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives - cyclanic, cyclenic or cycloterpenic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives

Cyclanic, cyclenic or cycloterpenic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives: D. V. acid chloride/cypermethric acid chloride

Cyclanic, cyclenic or cycloterpenic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives: Other

Aromatic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Benzoic acid, its salts and esters : Benzoic acid : Benzoic acid

Aromatic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Benzoic acid, its salts and esters : Benzyl benzoate

Aromatic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Benzoic acid, its salts and esters : Methyl benzoate

Aromatic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Benzoic acid, its salts and esters :Sodium benzoate

Aromatic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Benzoic acid, its salts and esters : Benzocaine (ethylpara-amino benzoate)

Aromatic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Benzoic acid, its salts and esters : Orthochloro benzoic acid

Aromatic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives :Benzoic acid, its salts and esters : Other

Aromatic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Benzoyl peroxide and benzoyl chloride

Aromatic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Phenylacetic acid and its salts

Aromatic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives :Other : Cinnamic acid

Aromatic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives :Other : Bismuth compounds of aromatic monoacids

Aromatic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives :Other : Potassium compounds of aromatic monoacids

Aromatic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives :Other : Sodium compounds of aromatic monoacids

Aromatic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives :Other : Esters of aromatic monoacids not elsewhere specified

Aromatic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives :Other : Dichlorophenyl acetyl chloride specified

Aromatic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Other : Other

India’s Trade Performance — HSN Code 29161310 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

₹3 Cr

+48.89% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹315 Cr

+30.12% vs FY 2023-24

0.0052% of India’s total imports

Trade Balance

FY 2024-25

−₹312 Cr

Trade Deficit

Surplus rank #11614 of 12657 HSN codes

% of Sub-Chapter 2916

FY 2024-25

0.11%

Share of Sub-Chapter 2916’s total exports in FY 2024-25

Import side: 3.68% of Sub-Chapter 2916’s imports

Rank Within Sub-Chapter 2916

FY 2024-25

#25 of 37

Position by export value among HSN codes in Sub-Chapter 2916

Import-side rank: #7 of 37

At a glance

21.33%

Export CAGR

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

#7074

National Export Rank

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

+2,476.47%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.11%

Contribution to Sub-Ch. 2916

Share of Sub-Chapter 2916 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 29161310

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 #7581

Balance

−221.86

Exports

1.05 ₹ Cr

0.0000% share

YoY

0.06% of Sub-Ch. 2916

Imports

222.91 ₹ Cr

0.0062% share

YoY

3.66% of Sub-Ch. 2916

FY 2019-20 Exp. Rank #7014

Balance

−160.55

Exports

1.85 ₹ Cr

0.0001% share

+76.19% YoY

0.10% of Sub-Ch. 2916

Imports

162.40 ₹ Cr

0.0049% share

−27.15% YoY

2.93% of Sub-Ch. 2916

FY 2020-21 Exp. Rank #8966

Balance

−147.93

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−90.81% YoY

0.01% of Sub-Ch. 2916

Imports

148.10 ₹ Cr

0.0051% share

−8.81% YoY

2.52% of Sub-Ch. 2916

FY 2021-22 Exp. Rank #6524

Balance

−355.13

Exports

4.38 ₹ Cr

0.0001% share

+2,476.47% YoY

0.15% of Sub-Ch. 2916

Imports

359.51 ₹ Cr

0.0079% share

+142.75% YoY

3.18% of Sub-Ch. 2916

FY 2022-23 Exp. Rank #7702

Balance

−268.13

Exports

1.55 ₹ Cr

0.0000% share

−64.61% YoY

0.04% of Sub-Ch. 2916

Imports

269.68 ₹ Cr

0.0047% share

−24.99% YoY

3.06% of Sub-Ch. 2916

FY 2023-24 Exp. Rank #7460

Balance

−240.12

Exports

2.25 ₹ Cr

0.0001% share

+45.16% YoY

0.08% of Sub-Ch. 2916

Imports

242.37 ₹ Cr

0.0043% share

−10.13% YoY

3.46% of Sub-Ch. 2916

FY 2024-25 Exp. Rank #7074

Balance

−312.01

Exports

3.35 ₹ Cr

0.0001% share

+48.89% YoY

0.11% of Sub-Ch. 2916

Imports

315.36 ₹ Cr

0.0052% share

+30.12% YoY

3.68% of Sub-Ch. 2916

CAGR · 7-Year

Exports

21.33% /yr

Imports

5.95% /yr

Consistently Deficit
Sub-Chapter 2916 total

reference, FY 2024-25

Export

₹2,934.54 Cr

Import

₹8,574.40 Cr

Trade Balance

−5,639.86

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 29161310 Export-Import Analysis

Consistent Export Growth: 21.33% CAGR Over 7 Years

India's exports under HSN Code 29161310 have grown at a compound annual rate of 21.33% over 7 fiscal years, rising from ₹1.05 Crore in FY 2018-19 to ₹3.35 Crore in FY 2024-25.

HSN Code 29161310 Ranked #7074 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29161310 ranks #7074 out of 12657 HSN codes by total export value. Within Sub-Chapter 2916, it ranks #25 of 37. By trade surplus, it ranks #11614 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 29161310 Exports

The strongest single-year export movement for HSN Code 29161310 was recorded in FY 2021-22, when exports surged by 2,476.47% over the prior year.

India Records a Trade Deficit of ₹312.01 Crore in HSN Code 29161310 Goods

In FY 2024-25, India's imports of ₹315.36 Cr exceeded exports of ₹3.35 Cr, resulting in a trade deficit of ₹312.01 Crore — ranking #11614 of 12657 by surplus magnitude.

Import Growth of 5.95% CAGR Signals Stable Import Dependency for Methacrylic acid: Methacryl Acid

India's imports under HSN Code 29161310 have grown at 5.95% CAGR, reaching ₹315.36 Crore in FY 2024-25.

HSN Code 29161310 Contributes 0.11% of Sub-Chapter 2916 Exports — Ranked #25

Among the 37 HSN codes under Sub-Chapter 2916, HSN Code 29161310 ranks #25 by export value — accounting for 0.11% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.68% share (rank #7).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 29161310 and GST compliance.

What products are classified under HSN 29161310 ?

It includes Methacrylic acid: Methacryl Acid

How much GST applies to Methacrylic acid: Methacryl Acid?

Under HSN 29161310, Methacrylic acid: Methacryl Acid attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Methacrylic acid: Methacryl 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.

Any common misclassification issue with Methacrylic acid: Methacryl Acid?

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

How should mixed supplies be billed when Methacrylic acid: Methacryl Acid is sold with other items?

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

Do e‑way bill and e‑invoice apply for Methacrylic acid: Methacryl 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.

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.