--- title: "HSN Code for Benzilic acid | HSN 29181700 GST Rate" description: "Find HSN and GST Rates for 29181700 related to Benzilic acid with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29181700/" --- # HSN Code 29181700: Benzilic 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 2918: Carboxylic acids and derivatives](https://busy.in/hsn/sub-chapter-2918/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Carboxylic acids with alcohol function, but without other oxygen function, their anhydrides, halides, peroxides, peroxyacids and their derivatives :2, 2-Diphenyl-2-hydroxyacetic acid (benzilic acid) | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29181700 ? It includes Benzilic acid ### Any common misclassification issue with Benzilic acid? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Benzilic acid? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Does packaging or labelling change the GST for Benzilic 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 Benzilic 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 should mixed supplies be billed when Benzilic acid is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Benzilic acid; Nil for exempt items if applicable). ## India's trade performance: HSN Code 29181700 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: Nil — 0.0000% of India's total exports - Imports: ₹2 Cr (−69.45% YoY) — 0.0000% of India's total imports - Trade balance: −₹2 Cr (Deficit); surplus rank #8142 of 12657 HSN codes - Share of Sub-Chapter 2918: 0.00% of its exports; import side 0.04% ### Key metrics - Peak growth year: −100.00% in FY 2023-24 - Contribution to Sub-Ch. 2918: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29181700 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. 2918 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2918 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | — | 0.01% | −0.20 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | −95.00% | 0.00% | −0.01 | — | | FY 2020-21 | Nil | 0.0000% | — | 0.00% | 3.74 | 0.0001% | +37,300.00% | 0.09% | −3.74 | — | | FY 2021-22 | Nil | 0.0000% | — | 0.00% | 8.57 | 0.0002% | +129.14% | 0.20% | −8.57 | — | | FY 2022-23 | < ₹1 Crore | 0.0000% | — | 0.01% | 4.49 | 0.0001% | −47.61% | 0.09% | −4.21 | #9085 | | FY 2023-24 | Nil | 0.0000% | −100.00% | 0.00% | 5.86 | 0.0001% | +30.51% | 0.14% | −5.86 | — | | FY 2024-25 | Nil | 0.0000% | — | 0.00% | 1.79 | 0.0000% | −69.45% | 0.04% | −1.79 | — | - CAGR (7-year): exports —/yr, imports 44.09%/yr (consistently Deficit) ## Key trade insights: HSN Code 29181700 export-import analysis ### Export snapshot for HSN Code 29181700 India exported ₹0.00 Crore worth of Benzilic acid in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### FY 2023-24 was the strongest growth year for HSN Code 29181700 exports The strongest single-year export movement for HSN Code 29181700 was recorded in FY 2023-24, when exports declined by 100.00% over the prior year. ### India records a trade deficit of ₹1.79 Crore in HSN Code 29181700 goods In FY 2024-25, India's imports of ₹1.79 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹1.79 Crore — ranking #8142 of 12657 by surplus magnitude. ### Import growth of 44.09% CAGR signals rising demand for Benzilic acid India's imports under HSN Code 29181700 have grown at 44.09% CAGR, reaching ₹1.79 Crore in FY 2024-25. ## Related HSN Codes in Sub-Chapter 2918 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 29189990: Other Carboxylic Acids with Oxygen Functions](https://busy.in/hsn/hsn-29189990/) | ₹1,839 Cr | | #2 | [HSN Code 29181990: Other carboxylic acids](https://busy.in/hsn/hsn-29181990/) | ₹754 Cr | | #3 | [HSN Code 29183090: Other Carboxylic Acids](https://busy.in/hsn/hsn-29183090/) | ₹431 Cr | | #4 | [HSN Code 29182990: Other Carboxylic Acids](https://busy.in/hsn/hsn-29182990/) | ₹347 Cr | | #5 | [HSN Code 29189920: Methyl (E)-2-\[2-(Chloromethyl) Phenyl\]-3-Methoxyacrylate](https://busy.in/hsn/hsn-29189920/) | ₹335 Cr | | #6 | [HSN Code 29181390: Tartaric acid: Other salts and esters](https://busy.in/hsn/hsn-29181390/) | ₹209 Cr | | #7 | [HSN Code 29181590: Citric acid: Other salts and esters](https://busy.in/hsn/hsn-29181590/) | ₹192 Cr | | #8 | [HSN Code 29182390: Other Esters of Salicylic Acid](https://busy.in/hsn/hsn-29182390/) | ₹169 Cr | | #9 | [HSN Code 29182190: Other Salicylic Acid & Salts](https://busy.in/hsn/hsn-29182190/) | ₹164 Cr | | #10 | [HSN Code 29181690: Gluconic acid: Other](https://busy.in/hsn/hsn-29181690/) | ₹147 Cr | | — | HSN Code 29181700: Benzilic acid (this hsn code) | Nil |