--- title: "HSN Code for Benzeneacetic acid | HSN 29181910 GST Rate" description: "Find HSN and GST Rates for 29181910 related to Benzeneacetic acid with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29181910/" --- # HSN Code 29181910: Benzeneacetic 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 : Other : Benzeneacetic acid, alpha-hydroxy-alpha-phenyl- | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29181910 ? It includes Benzeneacetic acid ### Do e‑way bill and e‑invoice apply for Benzeneacetic 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 Benzeneacetic acid? Under HSN 29181910, Benzeneacetic acid attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Benzeneacetic acid? 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 Benzeneacetic acid is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Benzeneacetic acid; Nil for exempt items if applicable). ### Any common misclassification issue with Benzeneacetic acid? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 29181910 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: Nil (−100.00% YoY) — 0.0000% of India's total exports - Imports: ₹2 Cr (+166.28% YoY) — 0.0000% of India's total imports - Trade balance: −₹2 Cr (Deficit); surplus rank #8229 of 12657 HSN codes - Share of Sub-Chapter 2918: 0.00% of its exports; import side 0.05% ### Key metrics - Peak growth year: +2,325.00% in FY 2020-21 - Contribution to Sub-Ch. 2918: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29181910 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 | < ₹1 Crore | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | — | 0.00% | −0.01 | #9496 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −20.00% | 0.00% | 23.56 | 0.0007% | +39,166.67% | 0.79% | −23.52 | #9534 | | FY 2020-21 | < ₹1 Crore | 0.0000% | +2,325.00% | 0.03% | 2.83 | 0.0001% | −87.99% | 0.07% | −1.86 | #7681 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −81.44% | 0.00% | 1.10 | 0.0000% | −61.13% | 0.03% | −0.92 | #9254 | | FY 2022-23 | Nil | 0.0000% | −100.00% | 0.00% | 1.96 | 0.0000% | +78.18% | 0.04% | −1.96 | — | | FY 2023-24 | < ₹1 Crore | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | −56.12% | 0.02% | −0.83 | #10223 | | FY 2024-25 | Nil | 0.0000% | −100.00% | 0.00% | 2.29 | 0.0000% | +166.28% | 0.05% | −2.29 | — | - CAGR (7-year): exports —/yr, imports 83.49%/yr (consistently Deficit) ## Key trade insights: HSN Code 29181910 export-import analysis ### Export snapshot for HSN Code 29181910 India exported ₹0.00 Crore worth of Benzeneacetic acid in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### FY 2020-21 was the strongest growth year for HSN Code 29181910 exports The strongest single-year export movement for HSN Code 29181910 was recorded in FY 2020-21, when exports surged by 2,325.00% over the prior year. ### India records a trade deficit of ₹2.29 Crore in HSN Code 29181910 goods In FY 2024-25, India's imports of ₹2.29 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹2.29 Crore — ranking #8229 of 12657 by surplus magnitude. ### Import growth of 83.49% CAGR signals rising demand for Benzeneacetic acid India's imports under HSN Code 29181910 have grown at 83.49% CAGR, reaching ₹2.29 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 29181910: Benzeneacetic acid (this hsn code) | Nil |