HSN Code 29163400: Phenylacetic Acid & Salts

HSN Code 29163400 represents Phenylacetic Acid & Salts under GST classification. This code helps businesses identify Phenylacetic Acid & Salts correctly for billing, taxation, and trade. With HSN Code 29163400, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Phenylacetic Acid & Salts.

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Description of Goods for HSN Code 29163400

HSN Code 29163400 relates to the following description.

Description of Goods

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

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 29163400 not include?

Phenylacetic Acid & Salts 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 : Methacrylic acid

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 :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 29163400 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

₹9 Cr

−78.60% vs FY 2023-24

0.0003% of India’s total exports

India’s Imports

FY 2024-25

₹49 Cr

+65.98% vs FY 2023-24

0.0008% of India’s total imports

Trade Balance

FY 2024-25

−₹40 Cr

Trade Deficit

Surplus rank #10068 of 12657 HSN codes

% of Sub-Chapter 2916

FY 2024-25

0.32%

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

Import side: 0.57% of Sub-Chapter 2916’s imports

Rank Within Sub-Chapter 2916

FY 2024-25

#22 of 37

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

Import-side rank: #13 of 37

At a glance

−12.25%

Export CAGR

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

#5868

National Export Rank

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

+282.22%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.32%

Contribution to Sub-Ch. 2916

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

India Export-Import Trade Statistics for HSN Code 29163400

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 #4088

Balance

−7.79

Exports

20.35 ₹ Cr

0.0009% share

YoY

1.18% of Sub-Ch. 2916

Imports

28.14 ₹ Cr

0.0008% share

YoY

0.46% of Sub-Ch. 2916

FY 2019-20 Exp. Rank #4616

Balance

−50.70

Exports

13.70 ₹ Cr

0.0006% share

−32.68% YoY

0.77% of Sub-Ch. 2916

Imports

64.40 ₹ Cr

0.0019% share

+128.86% YoY

1.16% of Sub-Ch. 2916

FY 2020-21 Exp. Rank #4389

Balance

−58.43

Exports

17.34 ₹ Cr

0.0008% share

+26.57% YoY

0.90% of Sub-Ch. 2916

Imports

75.77 ₹ Cr

0.0026% share

+17.66% YoY

1.29% of Sub-Ch. 2916

FY 2021-22 Exp. Rank #4469

Balance

−45.05

Exports

22.10 ₹ Cr

0.0007% share

+27.45% YoY

0.77% of Sub-Ch. 2916

Imports

67.15 ₹ Cr

0.0015% share

−11.38% YoY

0.59% of Sub-Ch. 2916

FY 2022-23 Exp. Rank #5455

Balance

−43.87

Exports

11.36 ₹ Cr

0.0003% share

−48.60% YoY

0.32% of Sub-Ch. 2916

Imports

55.23 ₹ Cr

0.0010% share

−17.75% YoY

0.63% of Sub-Ch. 2916

FY 2023-24 Exp. Rank #3727

Balance

+14.00

Exports

43.42 ₹ Cr

0.0012% share

+282.22% YoY

1.46% of Sub-Ch. 2916

Imports

29.42 ₹ Cr

0.0005% share

−46.73% YoY

0.42% of Sub-Ch. 2916

FY 2024-25 Exp. Rank #5868

Balance

−39.54

Exports

9.29 ₹ Cr

0.0003% share

−78.60% YoY

0.32% of Sub-Ch. 2916

Imports

48.83 ₹ Cr

0.0008% share

+65.98% YoY

0.57% of Sub-Ch. 2916

CAGR · 7-Year

Exports

−12.25% /yr

Imports

9.62% /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 29163400 Export-Import Analysis

Export Decline: −12.25% CAGR Over 7 Years

India's exports under HSN Code 29163400 have declined at a compound annual rate of −12.25% over 7 fiscal years, falling from ₹20.35 Crore in FY 2018-19 to ₹9.29 Crore in FY 2024-25.

HSN Code 29163400 Ranked #5868 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29163400 ranks #5868 out of 12657 HSN codes by total export value. Within Sub-Chapter 2916, it ranks #22 of 37. By trade surplus, it ranks #10068 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 29163400 Exports

The strongest single-year export movement for HSN Code 29163400 was recorded in FY 2023-24, when exports surged by 282.22% over the prior year.

India Records a Trade Deficit of ₹39.54 Crore in HSN Code 29163400 Goods

In FY 2024-25, India's imports of ₹48.83 Cr exceeded exports of ₹9.29 Cr, resulting in a trade deficit of ₹39.54 Crore — ranking #10068 of 12657 by surplus magnitude.

Import Growth of 9.62% CAGR Signals Stable Import Dependency for Phenylacetic Acid & Salts

India's imports under HSN Code 29163400 have grown at 9.62% CAGR, reaching ₹48.83 Crore in FY 2024-25.

HSN Code 29163400 Contributes 0.32% of Sub-Chapter 2916 Exports — Ranked #22

Among the 37 HSN codes under Sub-Chapter 2916, HSN Code 29163400 ranks #22 by export value — accounting for 0.32% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.57% share (rank #13).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29163400 and GST compliance.

What products are classified under HSN 29163400 ?

It includes Phenylacetic Acid & Salts

How much GST applies to Phenylacetic Acid & Salts?

Under HSN 29163400, Phenylacetic Acid & Salts attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Phenylacetic Acid & Salts?

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.

Can we claim ITC on inputs used to trade Phenylacetic Acid & Salts?

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

How should mixed supplies be billed when Phenylacetic Acid & Salts is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Phenylacetic Acid & Salts; Nil for exempt items if applicable).

Any common misclassification issue with Phenylacetic Acid & Salts?

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.