HSN Code 29173600: Terephthalic Acid and Its Salts

HSN Code 29173600 represents Terephthalic Acid and Its Salts under GST classification. This code helps businesses identify Terephthalic Acid and Its Salts correctly for billing, taxation, and trade. With HSN Code 29173600, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Terephthalic Acid and Its Salts.

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Description of Goods for HSN Code 29173600

HSN Code 29173600 relates to the following description.

Description of Goods

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Terephthalic acid and its salts

Chapter

29 - Organic chemicals

Sub Chapter

2917 - Polycarboxylic 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 29173600 not include?

Terephthalic Acid and Its Salts does not include products with the following descriptions.

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Oxalic acid, its salts and esters : Oxalic acid

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Oxalic acid, its salts and esters : Calcium oxalate

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Oxalic acid, its salts and esters : Strontium oxalate

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Oxalic acid, its salts and esters : Diethyl oxalate

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Oxalic acid, its salts and esters : Other

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Adipic acid, its salts and esters

Polycarboxylic acids, their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives - acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : azelaic acid, sebacic acid, their salts and esters

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Azelaic acid, sebacic acid, their salts and esters: Sebacic Acid

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Azelaic acid, sebacic acid, their salts and esters: Other

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Maleic anhydride

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other : Maleic acid

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other : Malonic acid

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other : Succinic acid

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other : Ferrous fumarate

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other : Fumaric acid

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other : Itaconic acid

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other :Ethoxy methylene malonate, diethyl malonate

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other : Other

Cyclanic, cyclenic or cycloterpenic, polycaroxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives

Polycarboxylic acids, their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives - aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives :dibutyl orthophthalates

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Dioctyl orthophthalates

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Dinonyl or didecyl orthophthalates

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Other esters of orthophthalic acid

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Phthalic anhydride

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Dimethyl terephthalate

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Other : Dibutyl phthalate

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other :Dioctyl phthalate

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other : Phthalic acid

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other : Dimethyl phthalate

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other :Trimellitic anhydride

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other : Isophthalic acid

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

India’s Trade Performance — HSN Code 29173600 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

₹51 Cr

+19.06% vs FY 2023-24

0.0014% of India’s total exports

India’s Imports

FY 2024-25

₹13,501 Cr

+23.36% vs FY 2023-24

0.2222% of India’s total imports

Trade Balance

FY 2024-25

−₹13,450 Cr

Trade Deficit

Surplus rank #12619 of 12657 HSN codes

% of Sub-Chapter 2917

FY 2024-25

2.13%

Share of Sub-Chapter 2917’s total exports in FY 2024-25

Import side: 71.47% of Sub-Chapter 2917’s imports

Rank Within Sub-Chapter 2917

FY 2024-25

#14 of 33

Position by export value among HSN codes in Sub-Chapter 2917

Import-side rank: #1 of 33

At a glance

−38.84%

Export CAGR

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

#3607

National Export Rank

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

+19.06%

Peak Growth Year

FY 2024-25 · strongest single-year move

2.13%

Contribution to Sub-Ch. 2917

Share of Sub-Chapter 2917 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 29173600

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 #339

Balance

−2,433.70

Exports

974.04 ₹ Cr

0.0426% share

YoY

35.68% of Sub-Ch. 2917

Imports

3,407.74 ₹ Cr

0.0951% share

YoY

44.49% of Sub-Ch. 2917

FY 2019-20 Exp. Rank #805

Balance

−4,315.06

Exports

386.61 ₹ Cr

0.0176% share

−60.31% YoY

18.23% of Sub-Ch. 2917

Imports

4,701.67 ₹ Cr

0.1404% share

+37.97% YoY

56.58% of Sub-Ch. 2917

FY 2020-21 Exp. Rank #755

Balance

−2,012.34

Exports

443.95 ₹ Cr

0.0206% share

+14.83% YoY

23.30% of Sub-Ch. 2917

Imports

2,456.29 ₹ Cr

0.0843% share

−47.76% YoY

42.32% of Sub-Ch. 2917

FY 2021-22 Exp. Rank #1185

Balance

−8,137.51

Exports

336.49 ₹ Cr

0.0107% share

−24.21% YoY

12.52% of Sub-Ch. 2917

Imports

8,474.00 ₹ Cr

0.1854% share

+244.99% YoY

62.59% of Sub-Ch. 2917

FY 2022-23 Exp. Rank #2887

Balance

−11,606.32

Exports

77.45 ₹ Cr

0.0021% share

−76.98% YoY

3.17% of Sub-Ch. 2917

Imports

11,683.77 ₹ Cr

0.2032% share

+37.88% YoY

67.36% of Sub-Ch. 2917

FY 2023-24 Exp. Rank #3745

Balance

−10,901.95

Exports

42.82 ₹ Cr

0.0012% share

−44.71% YoY

1.73% of Sub-Ch. 2917

Imports

10,944.77 ₹ Cr

0.1949% share

−6.33% YoY

69.40% of Sub-Ch. 2917

FY 2024-25 Exp. Rank #3607

Balance

−13,450.02

Exports

50.98 ₹ Cr

0.0014% share

+19.06% YoY

2.13% of Sub-Ch. 2917

Imports

13,501.00 ₹ Cr

0.2222% share

+23.36% YoY

71.47% of Sub-Ch. 2917

CAGR · 7-Year

Exports

−38.84% /yr

Imports

25.79% /yr

Consistently Deficit
Sub-Chapter 2917 total

reference, FY 2024-25

Export

₹2,397.49 Cr

Import

₹18,891.73 Cr

Trade Balance

−16,494.24

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 29173600 Export-Import Analysis

Export Decline: −38.84% CAGR Over 7 Years

India's exports under HSN Code 29173600 have declined at a compound annual rate of −38.84% over 7 fiscal years, falling from ₹974.04 Crore in FY 2018-19 to ₹50.98 Crore in FY 2024-25.

HSN Code 29173600 Ranked #3607 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29173600 ranks #3607 out of 12657 HSN codes by total export value. Within Sub-Chapter 2917, it ranks #14 of 33. By trade surplus, it ranks #12619 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 29173600 Exports

The strongest single-year export movement for HSN Code 29173600 was recorded in FY 2024-25, when exports surged by 19.06% over the prior year.

India Records a Trade Deficit of ₹13,450.02 Crore in HSN Code 29173600 Goods

In FY 2024-25, India's imports of ₹13,501.00 Cr exceeded exports of ₹50.98 Cr, resulting in a trade deficit of ₹13,450.02 Crore — ranking #12619 of 12657 by surplus magnitude.

Import Growth of 25.79% CAGR Signals Rising Demand for Terephthalic Acid and Its Salts

India's imports under HSN Code 29173600 have grown at 25.79% CAGR, reaching ₹13,501.00 Crore in FY 2024-25.

HSN Code 29173600 Contributes 2.13% of Sub-Chapter 2917 Exports — Ranked #14

Among the 33 HSN codes under Sub-Chapter 2917, HSN Code 29173600 ranks #14 by export value — accounting for 2.13% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 71.47% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29173600 and GST compliance.

What products are classified under HSN 29173600 ?

It includes Terephthalic Acid and Its Salts

How much GST applies to Terephthalic Acid and Its Salts?

Under HSN 29173600, Terephthalic Acid and Its Salts attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Terephthalic Acid and Its 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 Terephthalic Acid and Its Salts is sold with other items?

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

Do e‑way bill and e‑invoice apply for Terephthalic Acid and Its Salts?

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 Terephthalic Acid and Its 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.

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.