--- title: "HSN Code for Other Esters of Salicylic Acid | HSN 29182390 GST Rate" description: "Find HSN and GST Rates for 29182390 related to Other Esters of Salicylic Acid with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29182390/" --- # HSN Code 29182390: Other Esters of Salicylic 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 phenol function but without other oxygen function, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Other esters of salicylic acid and their salts :Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29182390 ? It includes Other Esters of Salicylic Acid ### Do e‑way bill and e‑invoice apply for Other Esters of Salicylic 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. ### Can we claim ITC on inputs used to trade Other Esters of Salicylic 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 much GST applies to Other Esters of Salicylic Acid? Under HSN 29182390, Other Esters of Salicylic Acid attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Other Esters of Salicylic Acid? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How should mixed supplies be billed when Other Esters of Salicylic Acid is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Esters of Salicylic Acid; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Other Esters of Salicylic 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. ## India's trade performance: HSN Code 29182390 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹169 Cr (+7.21% YoY) — 0.0046% of India's total exports - Imports: ₹35 Cr (+16.24% YoY) — 0.0006% of India's total imports - Trade balance: ₹134 Cr (Surplus); surplus rank #1398 of 12657 HSN codes - Share of Sub-Chapter 2918: 3.03% of its exports; import side 0.74% - Rank within Sub-Chapter 2918: #8 of 49 by export value; import-side #15 ### Key metrics - Export CAGR: -4.55% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2026 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +10.91% in FY 2023-24 - Contribution to Sub-Ch. 2918: 3.03% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29182390 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 | 223.72 | 0.0098% | — | 8.82% | 41.73 | 0.0012% | — | 1.43% | +181.99 | #1224 | | FY 2019-20 | 223.02 | 0.0101% | −0.31% | 7.64% | 31.17 | 0.0009% | −25.31% | 1.05% | +191.85 | #1226 | | FY 2020-21 | 144.33 | 0.0067% | −35.28% | 3.83% | 28.14 | 0.0010% | −9.72% | 0.71% | +116.19 | #1694 | | FY 2021-22 | 135.60 | 0.0043% | −6.05% | 2.91% | 21.51 | 0.0005% | −23.56% | 0.49% | +114.09 | #2056 | | FY 2022-23 | 142.30 | 0.0039% | +4.94% | 2.83% | 46.61 | 0.0008% | +116.69% | 0.90% | +95.69 | #2119 | | FY 2023-24 | 157.83 | 0.0044% | +10.91% | 3.38% | 30.24 | 0.0005% | −35.12% | 0.70% | +127.59 | #2049 | | FY 2024-25 | 169.21 | 0.0046% | +7.21% | 3.03% | 35.15 | 0.0006% | +16.24% | 0.74% | +134.06 | #2026 | - CAGR (7-year): exports -4.55%/yr, imports -2.82%/yr (consistently Surplus) ## Key trade insights: HSN Code 29182390 export-import analysis ### Export decline: -4.55% CAGR over 7 years India's exports under HSN Code 29182390 have declined at a compound annual rate of -4.55% over 7 fiscal years, falling from ₹223.72 Crore in FY 2018-19 to ₹169.21 Crore in FY 2024-25. ### HSN Code 29182390 ranked #2026 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29182390 ranks #2026 out of 12657 HSN codes by total export value. Within Sub-Chapter 2918, it ranks #8 of 49. By trade surplus, it ranks #1398 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 29182390 exports The strongest single-year export movement for HSN Code 29182390 was recorded in FY 2023-24, when exports surged by 10.91% over the prior year. ### India maintains a trade surplus of ₹134.06 Crore in HSN Code 29182390 goods In FY 2024-25, India's exports of ₹169.21 Cr exceeded imports of ₹35.15 Cr, resulting in a trade surplus of ₹134.06 Crore — ranking #1398 of 12657 by surplus magnitude. ### Import growth of -2.82% CAGR signals stable import dependency for Other Esters of Salicylic Acid India's imports under HSN Code 29182390 have grown at -2.82% CAGR, reaching ₹35.15 Crore in FY 2024-25. ### HSN Code 29182390 contributes 3.03% of Sub-Chapter 2918 exports — ranked #8 Among the 49 HSN codes under Sub-Chapter 2918, HSN Code 29182390 ranks #8 by export value — accounting for 3.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.74% share (rank #15). ## 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 (this hsn code) | ₹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 |