---
title: "HSN Code for Esters (Unsat. Monoacids, NES) | HSN 29161950 GST Rate"
description: "Find HSN and GST Rates for 29161950 related to Esters (Unsat. Monoacids, NES) with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-29161950/"
---

# HSN Code 29161950: Esters (Unsat. Monoacids, NES)

- [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, peroxides, peroxyacids – their derivatives : Other : Esters of unsaturated acyclic monoacids not elsewhere specified | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 29161950 ?

It includes Esters (Unsat. Monoacids, NES)

### How should mixed supplies be billed when Esters (Unsat. Monoacids, NES) is sold with other items?

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

### Any common misclassification issue with Esters (Unsat. Monoacids, NES)?

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

### Do e‑way bill and e‑invoice apply for Esters (Unsat. Monoacids, NES)?

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 Esters (Unsat. Monoacids, NES)?

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 much GST applies to Esters (Unsat. Monoacids, NES)?

Under HSN 29161950, Esters (Unsat. Monoacids, NES) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 29161950 (FY 2024-25)

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

- Exports: ₹131 Cr (+19.05% YoY) — 0.0036% of India's total exports
- Imports: < ₹1 Crore (+36.17% YoY) — 0.0000% of India's total imports
- Trade balance: ₹131 Cr (Surplus); surplus rank #1416 of 12657 HSN codes
- Share of Sub-Chapter 2916: 4.47% of its exports; import side 0.01%
- Rank within Sub-Chapter 2916: #7 of 37 by export value; import-side #27

### Key metrics

- Export CAGR: 12.80% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #2328 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +68.72% in FY 2021-22
- Contribution to Sub-Ch. 2916: 4.47% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 29161950

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 | 63.73 | 0.0028% | — | 3.70% | 1.60 | 0.0000% | — | 0.03% | +62.13 | #2551 |
| FY 2019-20 | 63.71 | 0.0029% | −0.03% | 3.60% | < ₹1 Crore | 0.0000% | −40.63% | 0.02% | +62.76 | #2566 |
| FY 2020-21 | 46.93 | 0.0022% | −26.34% | 2.44% | 1.03 | 0.0000% | +8.42% | 0.02% | +45.90 | #3040 |
| FY 2021-22 | 79.18 | 0.0025% | +68.72% | 2.77% | 1.04 | 0.0000% | +0.97% | 0.01% | +78.14 | #2716 |
| FY 2022-23 | 106.62 | 0.0029% | +34.66% | 3.00% | < ₹1 Crore | 0.0000% | −40.38% | 0.01% | +106.00 | #2453 |
| FY 2023-24 | 110.29 | 0.0030% | +3.44% | 3.71% | < ₹1 Crore | 0.0000% | −24.19% | 0.01% | +109.82 | #2452 |
| FY 2024-25 | 131.30 | 0.0036% | +19.05% | 4.47% | < ₹1 Crore | 0.0000% | +36.17% | 0.01% | +130.66 | #2328 |

- CAGR (7-year): exports 12.80%/yr, imports -14.16%/yr (consistently Surplus)

## Key trade insights: HSN Code 29161950 export-import analysis

### Consistent export growth: 12.80% CAGR over 7 years

India's exports under HSN Code 29161950 have grown at a compound annual rate of 12.80% over 7 fiscal years, rising from ₹63.73 Crore in FY 2018-19 to ₹131.30 Crore in FY 2024-25.

### HSN Code 29161950 ranked #2328 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 29161950 ranks #2328 out of 12657 HSN codes by total export value. Within Sub-Chapter 2916, it ranks #7 of 37. By trade surplus, it ranks #1416 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 29161950 exports

The strongest single-year export movement for HSN Code 29161950 was recorded in FY 2021-22, when exports surged by 68.72% over the prior year.

### India maintains a trade surplus of ₹130.66 Crore in HSN Code 29161950 goods

In FY 2024-25, India's exports of ₹131.30 Cr exceeded imports of ₹0.64 Cr, resulting in a trade surplus of ₹130.66 Crore — ranking #1416 of 12657 by surplus magnitude.

### Import growth of -14.16% CAGR signals stable import dependency for Esters (Unsat. Monoacids, NES)

India's imports under HSN Code 29161950 have grown at -14.16% CAGR, reaching ₹0.64 Crore in FY 2024-25.

### HSN Code 29161950 contributes 4.47% of Sub-Chapter 2916 exports — ranked #7

Among the 37 HSN codes under Sub-Chapter 2916, HSN Code 29161950 ranks #7 by export value — accounting for 4.47% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #27).

## 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) (this hsn code) | ₹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 |