HSN Code 29163950: Esters of Aromatic Monoacids

HSN Code 29163950 represents Esters of Aromatic Monoacids under GST classification. This code helps businesses identify Esters of Aromatic Monoacids correctly for billing, taxation, and trade. With HSN Code 29163950, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Esters of Aromatic Monoacids.

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Description of Goods for HSN Code 29163950

HSN Code 29163950 relates to the following description.

Description of Goods

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

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 29163950 not include?

Esters of Aromatic Monoacids 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 : 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 : Dichlorophenyl acetyl chloride specified

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

India’s Trade Performance — HSN Code 29163950 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

₹37 Cr

−20.67% vs FY 2023-24

0.0010% of India’s total exports

India’s Imports

FY 2024-25

₹2 Cr

+111.11% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹35 Cr

Trade Surplus

Surplus rank #2411 of 12657 HSN codes

% of Sub-Chapter 2916

FY 2024-25

1.26%

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

Import side: 0.02% of Sub-Chapter 2916’s imports

Rank Within Sub-Chapter 2916

FY 2024-25

#14 of 37

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

Import-side rank: #23 of 37

At a glance

9.73%

Export CAGR

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

#4023

National Export Rank

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

+31.50%

Peak Growth Year

FY 2022-23 · strongest single-year move

1.26%

Contribution to Sub-Ch. 2916

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

India Export-Import Trade Statistics for HSN Code 29163950

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 #4031

Balance

+19.06

Exports

21.22 ₹ Cr

0.0009% share

YoY

1.23% of Sub-Ch. 2916

Imports

2.16 ₹ Cr

0.0001% share

YoY

0.04% of Sub-Ch. 2916

FY 2019-20 Exp. Rank #3740

Balance

+25.66

Exports

26.96 ₹ Cr

0.0012% share

+27.05% YoY

1.52% of Sub-Ch. 2916

Imports

1.30 ₹ Cr

0.0000% share

−39.81% YoY

0.02% of Sub-Ch. 2916

FY 2020-21 Exp. Rank #3794

Balance

+26.50

Exports

27.08 ₹ Cr

0.0013% share

+0.45% YoY

1.41% of Sub-Ch. 2916

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−55.38% YoY

0.01% of Sub-Ch. 2916

FY 2021-22 Exp. Rank #3892

Balance

+32.55

Exports

33.75 ₹ Cr

0.0011% share

+24.63% YoY

1.18% of Sub-Ch. 2916

Imports

1.20 ₹ Cr

0.0000% share

+106.90% YoY

0.01% of Sub-Ch. 2916

FY 2022-23 Exp. Rank #3639

Balance

+43.52

Exports

44.38 ₹ Cr

0.0012% share

+31.50% YoY

1.25% of Sub-Ch. 2916

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−28.33% YoY

0.01% of Sub-Ch. 2916

FY 2023-24 Exp. Rank #3632

Balance

+45.79

Exports

46.69 ₹ Cr

0.0013% share

+5.21% YoY

1.57% of Sub-Ch. 2916

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+4.65% YoY

0.01% of Sub-Ch. 2916

FY 2024-25 Exp. Rank #4023

Balance

+35.14

Exports

37.04 ₹ Cr

0.0010% share

−20.67% YoY

1.26% of Sub-Ch. 2916

Imports

1.90 ₹ Cr

0.0000% share

+111.11% YoY

0.02% of Sub-Ch. 2916

CAGR · 7-Year

Exports

9.73% /yr

Imports

−2.11% /yr

Consistently Surplus
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 29163950 Export-Import Analysis

Consistent Export Growth: 9.73% CAGR Over 7 Years

India's exports under HSN Code 29163950 have grown at a compound annual rate of 9.73% over 7 fiscal years, rising from ₹21.22 Crore in FY 2018-19 to ₹37.04 Crore in FY 2024-25.

HSN Code 29163950 Ranked #4023 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29163950 ranks #4023 out of 12657 HSN codes by total export value. Within Sub-Chapter 2916, it ranks #14 of 37. By trade surplus, it ranks #2411 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 29163950 Exports

The strongest single-year export movement for HSN Code 29163950 was recorded in FY 2022-23, when exports surged by 31.50% over the prior year.

India Maintains a Trade Surplus of ₹35.14 Crore in HSN Code 29163950 Goods

In FY 2024-25, India's exports of ₹37.04 Cr exceeded imports of ₹1.90 Cr, resulting in a trade surplus of ₹35.14 Crore — ranking #2411 of 12657 by surplus magnitude.

Import Growth of −2.11% CAGR Signals Stable Import Dependency for Esters of Aromatic Monoacids

India's imports under HSN Code 29163950 have grown at −2.11% CAGR, reaching ₹1.90 Crore in FY 2024-25.

HSN Code 29163950 Contributes 1.26% of Sub-Chapter 2916 Exports — Ranked #14

Among the 37 HSN codes under Sub-Chapter 2916, HSN Code 29163950 ranks #14 by export value — accounting for 1.26% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.02% share (rank #23).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29163950 and GST compliance.

What products are classified under HSN 29163950 ?

It includes Esters of Aromatic Monoacids

Does packaging or labelling change the GST for Esters of Aromatic Monoacids?

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 Esters of Aromatic Monoacids?

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 Esters of Aromatic Monoacids?

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.

How much GST applies to Esters of Aromatic Monoacids?

Under HSN 29163950, Esters of Aromatic Monoacids attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Esters of Aromatic Monoacids is sold with other items?

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

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.