---
title: "HSN Code for Itaconic Acid | HSN 29171960 GST Rate"
description: "Find HSN and GST Rates for 29171960 related to Itaconic Acid with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-29171960/"
---

# HSN Code 29171960: Itaconic Acid

- [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 2917: Polycarboxylic Acids](https://busy.in/hsn/sub-chapter-2917/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other : Itaconic acid | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 29171960 ?

It includes Itaconic Acid

### Can we claim ITC on inputs used to trade Itaconic Acid?

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

### Any common misclassification issue with Itaconic Acid?

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

### Does packaging or labelling change the GST for Itaconic 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.

### Do e‑way bill and e‑invoice apply for Itaconic 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.

### How much GST applies to Itaconic Acid?

Under HSN 29171960, Itaconic Acid attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 29171960 (FY 2024-25)

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

- Exports: < ₹1 Crore (+500.00% YoY) — 0.0000% of India's total exports
- Imports: ₹8 Cr (+6.99% YoY) — 0.0001% of India's total imports
- Trade balance: −₹8 Cr (Deficit); surplus rank #8908 of 12657 HSN codes
- Share of Sub-Chapter 2917: 0.00% of its exports; import side 0.04%
- Rank within Sub-Chapter 2917: #27 of 33 by export value; import-side #22

### Key metrics

- Export CAGR: 6.99% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #9965 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +500.00% in FY 2024-25
- Contribution to Sub-Ch. 2917: 0.00% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 29171960

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. 2917 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2917 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.00% | 3.08 | 0.0001% | — | 0.04% | −3.04 | #9577 |
| FY 2019-20 | Nil | 0.0000% | −100.00% | 0.00% | 3.76 | 0.0001% | +22.08% | 0.05% | −3.76 | — |
| FY 2020-21 | Nil | 0.0000% | — | 0.00% | 4.43 | 0.0002% | +17.82% | 0.08% | −4.43 | — |
| FY 2021-22 | Nil | 0.0000% | — | 0.00% | 6.29 | 0.0001% | +41.99% | 0.05% | −6.29 | — |
| FY 2022-23 | Nil | 0.0000% | — | 0.00% | 9.77 | 0.0002% | +55.33% | 0.06% | −9.77 | — |
| FY 2023-24 | < ₹1 Crore | 0.0000% | — | 0.00% | 7.58 | 0.0001% | −22.42% | 0.05% | −7.57 | #10473 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | +500.00% | 0.00% | 8.11 | 0.0001% | +6.99% | 0.04% | −8.05 | #9965 |

- CAGR (7-year): exports 6.99%/yr, imports 17.51%/yr (consistently Deficit)

## Key trade insights: HSN Code 29171960 export-import analysis

### Consistent export growth: 6.99% CAGR over 7 years

India's exports under HSN Code 29171960 have grown at a compound annual rate of 6.99% over 7 fiscal years, rising from ₹0.04 Crore in FY 2018-19 to ₹0.06 Crore in FY 2024-25.

### HSN Code 29171960 ranked #9965 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 29171960 ranks #9965 out of 12657 HSN codes by total export value. Within Sub-Chapter 2917, it ranks #27 of 33. By trade surplus, it ranks #8908 of 12657.

### FY 2024-25 was the strongest growth year for HSN Code 29171960 exports

The strongest single-year export movement for HSN Code 29171960 was recorded in FY 2024-25, when exports surged by 500.00% over the prior year.

### India records a trade deficit of ₹8.05 Crore in HSN Code 29171960 goods

In FY 2024-25, India's imports of ₹8.11 Cr exceeded exports of ₹0.06 Cr, resulting in a trade deficit of ₹8.05 Crore — ranking #8908 of 12657 by surplus magnitude.

### Import growth of 17.51% CAGR signals rising demand for Itaconic Acid

India's imports under HSN Code 29171960 have grown at 17.51% CAGR, reaching ₹8.11 Crore in FY 2024-25.

### HSN Code 29171960 contributes 0.00% of Sub-Chapter 2917 exports — ranked #27

Among the 33 HSN codes under Sub-Chapter 2917, HSN Code 29171960 ranks #27 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.04% share (rank #22).

## Related HSN Codes in Sub-Chapter 2917

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 29173990: Other Aromatic Polycarboxylic Acids](https://busy.in/hsn/hsn-29173990/) | ₹744 Cr |
| #2 | [HSN Code 29173400: Other Esters of Orthophthalic Acid](https://busy.in/hsn/hsn-29173400/) | ₹230 Cr |
| #3 | [HSN Code 29171310: Acyclic polycarboxylic acids, Azelaic acid, Sebacic acid](https://busy.in/hsn/hsn-29171310/) | ₹222 Cr |
| #4 | [HSN Code 29173500: Phthalic Anhydride](https://busy.in/hsn/hsn-29173500/) | ₹197 Cr |
| #5 | [HSN Code 29171990: Acyclic polycarboxylic acids, Other](https://busy.in/hsn/hsn-29171990/) | ₹148 Cr |
| #6 | [HSN Code 29173940: Dimethyl Phthalate](https://busy.in/hsn/hsn-29173940/) | ₹95 Cr |
| #7 | [HSN Code 29173960: Isophthalic Acid](https://busy.in/hsn/hsn-29173960/) | ₹89 Cr |
| #8 | [HSN Code 29171950: Fumaric acid](https://busy.in/hsn/hsn-29171950/) | ₹73 Cr |
| #9 | [HSN Code 29171940: Ferrous Fumarate](https://busy.in/hsn/hsn-29171940/) | ₹73 Cr |
| #10 | [HSN Code 29173910: Dibutyl Phthalate](https://busy.in/hsn/hsn-29173910/) | ₹69 Cr |
| #27 | HSN Code 29171960: Itaconic Acid (this hsn code) | < ₹1 Crore |