HSN Code 29261000: Acrylonitrile
HSN Code 29261000 represents Acrylonitrile under GST classification. This code helps businesses identify Acrylonitrile correctly for billing, taxation, and trade. With HSN Code 29261000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Acrylonitrile.
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Description of Goods for HSN Code 29261000
HSN Code 29261000 relates to the following description.
What does HSN Code 29261000 not include?
Acrylonitrile does not include products with the following descriptions.
1-Cyanoguanidine (dicyandiamide)
Fenproporex (INN) and its salts; methadone (INN) intermediate (4-cyano-2-Dimethy lamino-4, 4- diphenylbutane)
Alpha-phenylacetoacetonitrile
Other
India’s Trade Performance — HSN Code 29261000 in FY 2024-25
India’s Exports
FY 2024-25₹76 Cr
0.0021% of India’s total exports
India’s Imports
FY 2024-25₹2,283 Cr
0.0376% of India’s total imports
Trade Balance
FY 2024-25−₹2,207 Cr
Surplus rank #12437 of 12657 HSN codes
% of Sub-Chapter 2926
FY 2024-259.44%
Share of Sub-Chapter 2926’s total exports in FY 2024-25
Import side: 50.42% of Sub-Chapter 2926’s imports
Rank Within Sub-Chapter 2926
FY 2024-25#2 of 5
Position by export value among HSN codes in Sub-Chapter 2926
Import-side rank: #1 of 5
At a glance
16.35%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3035
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+357.75%
Peak Growth Year
FY 2022-23 · strongest single-year move
9.44%
Contribution to Sub-Ch. 2926
Share of Sub-Chapter 2926 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 29261000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−2,409.84
Exports
30.59 ₹ Cr
0.0013% share
— YoY
6.55% of Sub-Ch. 2926
Imports
2,440.43 ₹ Cr
0.0681% share
— YoY
56.94% of Sub-Ch. 2926
Balance
−1,974.51
Exports
32.62 ₹ Cr
0.0015% share
+6.64% YoY
6.38% of Sub-Ch. 2926
Imports
2,007.13 ₹ Cr
0.0600% share
−17.76% YoY
47.21% of Sub-Ch. 2926
Balance
−1,128.97
Exports
81.78 ₹ Cr
0.0038% share
+150.71% YoY
12.02% of Sub-Ch. 2926
Imports
1,210.75 ₹ Cr
0.0416% share
−39.68% YoY
33.45% of Sub-Ch. 2926
Balance
−2,947.57
Exports
34.01 ₹ Cr
0.0011% share
−58.41% YoY
4.38% of Sub-Ch. 2926
Imports
2,981.58 ₹ Cr
0.0652% share
+146.26% YoY
50.14% of Sub-Ch. 2926
Balance
−2,867.90
Exports
155.68 ₹ Cr
0.0043% share
+357.75% YoY
16.98% of Sub-Ch. 2926
Imports
3,023.58 ₹ Cr
0.0526% share
+1.41% YoY
52.02% of Sub-Ch. 2926
Balance
−1,787.89
Exports
42.41 ₹ Cr
0.0012% share
−72.76% YoY
6.03% of Sub-Ch. 2926
Imports
1,830.30 ₹ Cr
0.0326% share
−39.47% YoY
45.60% of Sub-Ch. 2926
Balance
−2,207.42
Exports
75.88 ₹ Cr
0.0021% share
+78.92% YoY
9.44% of Sub-Ch. 2926
Imports
2,283.30 ₹ Cr
0.0376% share
+24.75% YoY
50.42% of Sub-Ch. 2926
CAGR · 7-Year
Exports
16.35% /yr
Imports
−1.10% /yr
reference, FY 2024-25
Export
₹803.63 Cr
Import
₹4,528.42 Cr
Trade Balance
−3,724.79
Key Trade Insights: HSN Code 29261000 Export-Import Analysis
Consistent Export Growth: 16.35% CAGR Over 7 Years
India's exports under HSN Code 29261000 have grown at a compound annual rate of 16.35% over 7 fiscal years, rising from ₹30.59 Crore in FY 2018-19 to ₹75.88 Crore in FY 2024-25.
HSN Code 29261000 Ranked #3035 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 29261000 ranks #3035 out of 12657 HSN codes by total export value. Within Sub-Chapter 2926, it ranks #2 of 5. By trade surplus, it ranks #12437 of 12657.
FY 2022-23 Was the Strongest Growth Year for HSN Code 29261000 Exports
The strongest single-year export movement for HSN Code 29261000 was recorded in FY 2022-23, when exports surged by 357.75% over the prior year.
India Records a Trade Deficit of ₹2,207.42 Crore in HSN Code 29261000 Goods
In FY 2024-25, India's imports of ₹2,283.30 Cr exceeded exports of ₹75.88 Cr, resulting in a trade deficit of ₹2,207.42 Crore — ranking #12437 of 12657 by surplus magnitude.
Import Growth of −1.10% CAGR Signals Stable Import Dependency for Acrylonitrile
India's imports under HSN Code 29261000 have grown at −1.10% CAGR, reaching ₹2,283.30 Crore in FY 2024-25.
HSN Code 29261000 Contributes 9.44% of Sub-Chapter 2926 Exports — Ranked #2
Among the 5 HSN codes under Sub-Chapter 2926, HSN Code 29261000 ranks #2 by export value — accounting for 9.44% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 50.42% share (rank #1).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 29261000 and GST compliance.
What products are classified under HSN 29261000 ?
It includes Acrylonitrile
Can we claim ITC on inputs used to trade Acrylonitrile?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Any common misclassification issue with Acrylonitrile?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Do e‑way bill and e‑invoice apply for Acrylonitrile?
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 Acrylonitrile is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Acrylonitrile; Nil for exempt items if applicable).
How much GST applies to Acrylonitrile?
Under HSN 29261000, Acrylonitrile attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Does packaging or labelling change the GST for Acrylonitrile?
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.