---
title: "HSN Code for Methacrylic Acid Esters | HSN 29161400 GST Rate"
description: "Find HSN and GST Rates for 29161400 related to Methacrylic Acid Esters with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-29161400/"
---

# HSN Code 29161400: Methacrylic Acid Esters

- [Section 06: Guide to HSN Section 06](https://busy.in/hsn/section-06/)
- [Chapter 29: Organic Chemicals](https://busy.in/hsn/chapter-29/)
- [Sub-chapter 2916: Unsaturated acids](https://busy.in/hsn/sub-chapter-2916/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Unsaturated acyclic monocarboxylic acids, their anhydrides, halides, : Esters of methacrylic acid | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 29161400 ?

It includes Methacrylic Acid Esters

### How much GST applies to Methacrylic Acid Esters?

Under HSN 29161400, Methacrylic Acid Esters attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Any common misclassification issue with Methacrylic Acid 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 Methacrylic Acid Esters?

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 Methacrylic Acid Esters?

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.

### Does packaging or labelling change the GST for Methacrylic Acid 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.

## India's trade performance: HSN Code 29161400 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹64 Cr (+31.28% YoY) — 0.0017% of India's total exports
- Imports: ₹1,889 Cr (+45.34% YoY) — 0.0311% of India's total imports
- Trade balance: −₹1,825 Cr (Deficit); surplus rank #12400 of 12657 HSN codes
- Share of Sub-Chapter 2916: 2.19% of its exports; import side 22.04%
- Rank within Sub-Chapter 2916: #11 of 37 by export value; import-side #2

### Key metrics

- Export CAGR: -7.35% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #3274 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +75.00% in FY 2021-22
- Contribution to Sub-Ch. 2916: 2.19% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 29161400

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 2916 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2916 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 101.54 | 0.0044% | — | 5.90% | 1,129.46 | 0.0315% | — | 18.56% | −1,027.92 | #1998 |
| FY 2019-20 | 67.53 | 0.0031% | −33.49% | 3.82% | 836.54 | 0.0250% | −25.93% | 15.12% | −769.01 | #2491 |
| FY 2020-21 | 45.64 | 0.0021% | −32.42% | 2.37% | 851.53 | 0.0292% | +1.79% | 14.46% | −805.89 | #3073 |
| FY 2021-22 | 79.87 | 0.0025% | +75.00% | 2.79% | 1,407.51 | 0.0308% | +65.29% | 12.45% | −1,327.64 | #2704 |
| FY 2022-23 | 43.47 | 0.0012% | −45.57% | 1.22% | 1,352.35 | 0.0235% | −3.92% | 15.37% | −1,308.88 | #3668 |
| FY 2023-24 | 48.92 | 0.0014% | +12.54% | 1.65% | 1,300.05 | 0.0231% | −3.87% | 18.54% | −1,251.13 | #3570 |
| FY 2024-25 | 64.22 | 0.0017% | +31.28% | 2.19% | 1,889.43 | 0.0311% | +45.34% | 22.04% | −1,825.21 | #3274 |

- CAGR (7-year): exports -7.35%/yr, imports 8.95%/yr (consistently Deficit)

## Key trade insights: HSN Code 29161400 export-import analysis

### Export decline: -7.35% CAGR over 7 years

India's exports under HSN Code 29161400 have declined at a compound annual rate of -7.35% over 7 fiscal years, falling from ₹101.54 Crore in FY 2018-19 to ₹64.22 Crore in FY 2024-25.

### HSN Code 29161400 ranked #3274 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 29161400 ranks #3274 out of 12657 HSN codes by total export value. Within Sub-Chapter 2916, it ranks #11 of 37. By trade surplus, it ranks #12400 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 29161400 exports

The strongest single-year export movement for HSN Code 29161400 was recorded in FY 2021-22, when exports surged by 75.00% over the prior year.

### India records a trade deficit of ₹1,825.21 Crore in HSN Code 29161400 goods

In FY 2024-25, India's imports of ₹1,889.43 Cr exceeded exports of ₹64.22 Cr, resulting in a trade deficit of ₹1,825.21 Crore — ranking #12400 of 12657 by surplus magnitude.

### Import growth of 8.95% CAGR signals stable import dependency for Methacrylic Acid Esters

India's imports under HSN Code 29161400 have grown at 8.95% CAGR, reaching ₹1,889.43 Crore in FY 2024-25.

### HSN Code 29161400 contributes 2.19% of Sub-Chapter 2916 exports — ranked #11

Among the 37 HSN codes under Sub-Chapter 2916, HSN Code 29161400 ranks #11 by export value — accounting for 2.19% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 22.04% share (rank #2).

## Related HSN Codes in Sub-Chapter 2916

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 29163990: Other Aromatic Monoacids](https://busy.in/hsn/hsn-29163990/) | ₹760 Cr |
| #2 | [HSN Code 29161970: Erucic acid: ErucicPure](https://busy.in/hsn/hsn-29161970/) | ₹524 Cr |
| #3 | [HSN Code 29162090: Other Monocarboxylic Acids](https://busy.in/hsn/hsn-29162090/) | ₹299 Cr |
| #4 | [HSN Code 29163190: Other Benzoic Acid Esters](https://busy.in/hsn/hsn-29163190/) | ₹251 Cr |
| #5 | [HSN Code 29161590: Other Unsaturated Fatty Acids](https://busy.in/hsn/hsn-29161590/) | ₹213 Cr |
| #6 | [HSN Code 29162010: Cypermethric Acid Chloride](https://busy.in/hsn/hsn-29162010/) | ₹136 Cr |
| #7 | [HSN Code 29161950: Esters (Unsat. Monoacids, NES)](https://busy.in/hsn/hsn-29161950/) | ₹131 Cr |
| #8 | [HSN Code 29161290: Other Esters of Monohydric Alcohols](https://busy.in/hsn/hsn-29161290/) | ₹107 Cr |
| #9 | [HSN Code 29161990: Other unsaturated monocarboxylic acids: Unsat Acid Other](https://busy.in/hsn/hsn-29161990/) | ₹92 Cr |
| #10 | [HSN Code 29163200: Benzoyl Peroxide & Benzoyl Chloride](https://busy.in/hsn/hsn-29163200/) | ₹88 Cr |
| #11 | HSN Code 29161400: Methacrylic Acid Esters (this hsn code) | ₹64 Cr |