--- title: "HSN Code for Other Salicylic Acid & Salts | HSN 29182190 GST Rate" description: "Find HSN and GST Rates for 29182190 related to Other Salicylic Acid & Salts with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29182190/" --- # HSN Code 29182190: Other Salicylic Acid & Salts - [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 phenol function but without other oxygen function, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Salicylic acid and its salts : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29182190 ? It includes Other Salicylic Acid & Salts ### Can we claim ITC on inputs used to trade Other Salicylic Acid & 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 Other Salicylic Acid & Salts is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Salicylic Acid & Salts; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Other Salicylic Acid & 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. ### How much GST applies to Other Salicylic Acid & Salts? Under HSN 29182190, Other Salicylic Acid & Salts attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Other Salicylic Acid & Salts? 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 29182190 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹164 Cr (+22.86% YoY) — 0.0045% of India's total exports - Imports: ₹107 Cr (+55.82% YoY) — 0.0018% of India's total imports - Trade balance: ₹57 Cr (Surplus); surplus rank #2052 of 12657 HSN codes - Share of Sub-Chapter 2918: 2.94% of its exports; import side 2.26% - Rank within Sub-Chapter 2918: #9 of 49 by export value; import-side #10 ### Key metrics - Export CAGR: 13.15% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2061 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +46.58% in FY 2022-23 - Contribution to Sub-Ch. 2918: 2.94% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29182190 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 | 78.23 | 0.0034% | — | 3.08% | 127.45 | 0.0036% | — | 4.36% | −49.22 | #2292 | | FY 2019-20 | 89.93 | 0.0041% | +14.96% | 3.08% | 134.81 | 0.0040% | +5.77% | 4.54% | −44.88 | #2137 | | FY 2020-21 | 105.38 | 0.0049% | +17.18% | 2.80% | 241.74 | 0.0083% | +79.32% | 6.07% | −136.36 | #2010 | | FY 2021-22 | 113.81 | 0.0036% | +8.00% | 2.44% | 87.47 | 0.0019% | −63.82% | 2.00% | +26.34 | #2236 | | FY 2022-23 | 166.82 | 0.0046% | +46.58% | 3.31% | 100.29 | 0.0017% | +14.66% | 1.94% | +66.53 | #1915 | | FY 2023-24 | 133.62 | 0.0037% | −19.90% | 2.86% | 68.61 | 0.0012% | −31.59% | 1.59% | +65.01 | #2239 | | FY 2024-25 | 164.16 | 0.0045% | +22.86% | 2.94% | 106.91 | 0.0018% | +55.82% | 2.26% | +57.25 | #2061 | - CAGR (7-year): exports 13.15%/yr, imports -2.89%/yr (consistently Surplus) ## Key trade insights: HSN Code 29182190 export-import analysis ### Consistent export growth: 13.15% CAGR over 7 years India's exports under HSN Code 29182190 have grown at a compound annual rate of 13.15% over 7 fiscal years, rising from ₹78.23 Crore in FY 2018-19 to ₹164.16 Crore in FY 2024-25. ### HSN Code 29182190 ranked #2061 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29182190 ranks #2061 out of 12657 HSN codes by total export value. Within Sub-Chapter 2918, it ranks #9 of 49. By trade surplus, it ranks #2052 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 29182190 exports The strongest single-year export movement for HSN Code 29182190 was recorded in FY 2022-23, when exports surged by 46.58% over the prior year. ### India maintains a trade surplus of ₹57.25 Crore in HSN Code 29182190 goods In FY 2024-25, India's exports of ₹164.16 Cr exceeded imports of ₹106.91 Cr, resulting in a trade surplus of ₹57.25 Crore — ranking #2052 of 12657 by surplus magnitude. ### Import growth of -2.89% CAGR signals stable import dependency for Other Salicylic Acid & Salts India's imports under HSN Code 29182190 have grown at -2.89% CAGR, reaching ₹106.91 Crore in FY 2024-25. ### HSN Code 29182190 contributes 2.94% of Sub-Chapter 2918 exports — ranked #9 Among the 49 HSN codes under Sub-Chapter 2918, HSN Code 29182190 ranks #9 by export value — accounting for 2.94% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.26% share (rank #10). ## 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 (this hsn code) | ₹164 Cr | | #10 | [HSN Code 29181690: Gluconic acid: Other](https://busy.in/hsn/hsn-29181690/) | ₹147 Cr |