---
title: "HSN Code for Essential oils: Turmeric oil | HSN 33012949 GST Rate"
description: "Find HSN and GST Rates for 33012949 related to Essential oils: Turmeric oil with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-33012949/"
---

# HSN Code 33012949: Essential oils: Turmeric oil

- [Section 06: Guide to HSN Section 06](https://busy.in/hsn/section-06/)
- [Chapter 33: Essential Oils, Resinoids and Perfumery; Cosmetic or Toilet Preparations](https://busy.in/hsn/chapter-33/)
- [Sub-chapter 3301: Essential oils: concretes & absolutes](https://busy.in/hsn/sub-chapter-3301/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Essential oils other than those of citrus fruit : Other : Camphor oil; lemon grass oil; ylang ylang oil; davana oil; cumin oil; celery seed oil, garlic oil, paprika oil, turmeric oil : Turmeric oil | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 33012949 ?

It includes Essential oils: Turmeric oil

### How much GST applies to Essential oils: Turmeric oil?

Under HSN 33012949, Essential oils: Turmeric oil attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Do e‑way bill and e‑invoice apply for Essential oils: Turmeric oil?

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.

### Any common misclassification issue with Essential oils: Turmeric oil?

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 Essential oils: Turmeric oil?

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 Essential oils: Turmeric oil is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Essential oils: Turmeric oil; Nil for exempt items if applicable).

## India's trade performance: HSN Code 33012949 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹14 Cr (+29.74% YoY) — 0.0004% of India's total exports
- Imports: ₹18 Cr (−0.28% YoY) — 0.0003% of India's total imports
- Trade balance: −₹4 Cr (Deficit); surplus rank #8487 of 12657 HSN codes
- Share of Sub-Chapter 3301: 0.18% of its exports; import side 0.59%
- Rank within Sub-Chapter 3301: #35 of 79 by export value; import-side #19

### Key metrics

- Export CAGR: -2.46% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #5363 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +41.01% in FY 2021-22
- Contribution to Sub-Ch. 3301: 0.18% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 33012949

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. 3301 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3301 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 16.21 | 0.0007% | — | 0.24% | < ₹1 Crore | 0.0000% | — | 0.00% | +16.18 | #4361 |
| FY 2019-20 | 11.58 | 0.0005% | −28.56% | 0.15% | < ₹1 Crore | 0.0000% | +200.00% | 0.00% | +11.49 | #4817 |
| FY 2020-21 | 5.95 | 0.0003% | −48.62% | 0.09% | < ₹1 Crore | 0.0000% | +488.89% | 0.03% | +5.42 | #5722 |
| FY 2021-22 | 8.39 | 0.0003% | +41.01% | 0.11% | 1.02 | 0.0000% | +92.45% | 0.04% | +7.37 | #5710 |
| FY 2022-23 | 9.08 | 0.0003% | +8.22% | 0.12% | 9.18 | 0.0002% | +800.00% | 0.36% | −0.10 | #5755 |
| FY 2023-24 | 10.76 | 0.0003% | +18.50% | 0.14% | 17.94 | 0.0003% | +95.42% | 0.52% | −7.18 | #5644 |
| FY 2024-25 | 13.96 | 0.0004% | +29.74% | 0.18% | 17.89 | 0.0003% | −0.28% | 0.59% | −3.93 | #5363 |

- CAGR (7-year): exports -2.46%/yr, imports 190.12%/yr (consistently Deficit)

## Key trade insights: HSN Code 33012949 export-import analysis

### Export decline: -2.46% CAGR over 7 years

India's exports under HSN Code 33012949 have declined at a compound annual rate of -2.46% over 7 fiscal years, falling from ₹16.21 Crore in FY 2018-19 to ₹13.96 Crore in FY 2024-25.

### HSN Code 33012949 ranked #5363 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 33012949 ranks #5363 out of 12657 HSN codes by total export value. Within Sub-Chapter 3301, it ranks #35 of 79. By trade surplus, it ranks #8487 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 33012949 exports

The strongest single-year export movement for HSN Code 33012949 was recorded in FY 2021-22, when exports surged by 41.01% over the prior year.

### India records a trade deficit of ₹3.93 Crore in HSN Code 33012949 goods

In FY 2024-25, India's imports of ₹17.89 Cr exceeded exports of ₹13.96 Cr, resulting in a trade deficit of ₹3.93 Crore — ranking #8487 of 12657 by surplus magnitude.

### Import growth of 190.12% CAGR signals rising demand for Essential oils: Turmeric oil

India's imports under HSN Code 33012949 have grown at 190.12% CAGR, reaching ₹17.89 Crore in FY 2024-25.

### HSN Code 33012949 contributes 0.18% of Sub-Chapter 3301 exports — ranked #35

Among the 79 HSN codes under Sub-Chapter 3301, HSN Code 33012949 ranks #35 by export value — accounting for 0.18% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.59% share (rank #19).

## Related HSN Codes in Sub-Chapter 3301

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 33019022: Capsicum Oleoresins](https://busy.in/hsn/hsn-33019022/) | ₹1,286 Cr |
| #2 | [HSN Code 33012590: Essential oils: Other](https://busy.in/hsn/hsn-33012590/) | ₹1,182 Cr |
| #3 | [HSN Code 33019014: Turmeric Oleoresins](https://busy.in/hsn/hsn-33019014/) | ₹965 Cr |
| #4 | [HSN Code 33019029: Other Spice Oleoresins](https://busy.in/hsn/hsn-33019029/) | ₹951 Cr |
| #5 | [HSN Code 33012400: Jasmine, Peppermint, and Menthol Oils](https://busy.in/hsn/hsn-33012400/) | ₹565 Cr |
| #6 | [HSN Code 33019013: Essential Oils and Resinoids](https://busy.in/hsn/hsn-33019013/) | ₹533 Cr |
| #7 | [HSN Code 33012990: Essential oils: Other](https://busy.in/hsn/hsn-33012990/) | ₹523 Cr |
| #8 | [HSN Code 33019090: Essential oils & derivatives \| Other](https://busy.in/hsn/hsn-33019090/) | ₹289 Cr |
| #9 | [HSN Code 33019033: Ambrettolide Essence](https://busy.in/hsn/hsn-33019033/) | ₹166 Cr |
| #10 | [HSN Code 33012510: Essential oils: Spearmint oil](https://busy.in/hsn/hsn-33012510/) | ₹166 Cr |
| #35 | HSN Code 33012949: Essential oils: Turmeric oil (this hsn code) | ₹14 Cr |