--- title: "HSN Code for Synthetic Perfumery Compounds | HSN 33029011 GST Rate" description: "Find HSN and GST Rates for 33029011 related to Synthetic Perfumery Compounds with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-33029011/" --- # HSN Code 33029011: Synthetic Perfumery Compounds - [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 3302: Odoriferous mixtures](https://busy.in/hsn/sub-chapter-3302/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other : Mixtures of aromatic chemicals and essential oils as perfume base : Synthetic perfumery compounds | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 33029011 ? It includes Synthetic Perfumery Compounds ### Do e‑way bill and e‑invoice apply for Synthetic Perfumery Compounds? 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 Synthetic Perfumery Compounds is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Synthetic Perfumery Compounds; Nil for exempt items if applicable). ### How much GST applies to Synthetic Perfumery Compounds? Under HSN 33029011, Synthetic Perfumery Compounds attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Synthetic Perfumery Compounds? 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 Synthetic Perfumery Compounds? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 33029011 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹1,472 Cr (+22.93% YoY) — 0.0400% of India's total exports - Imports: ₹370 Cr (+15.61% YoY) — 0.0061% of India's total imports - Trade balance: ₹1,102 Cr (Surplus); surplus rank #327 of 12657 HSN codes - Share of Sub-Chapter 3302: 34.59% of its exports; import side 17.32% - Rank within Sub-Chapter 3302: #1 of 7 by export value; import-side #3 ### Key metrics - Export CAGR: 17.09% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #373 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +37.92% in FY 2019-20 - Contribution to Sub-Ch. 3302: 34.59% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 33029011 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. 3302 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3302 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 571.29 | 0.0250% | — | 23.64% | 189.70 | 0.0053% | — | 16.34% | +381.59 | #570 | | FY 2019-20 | 787.93 | 0.0358% | +37.92% | 30.49% | 254.01 | 0.0076% | +33.90% | 20.45% | +533.92 | #431 | | FY 2020-21 | 742.84 | 0.0345% | −5.72% | 29.12% | 234.49 | 0.0080% | −7.68% | 19.82% | +508.35 | #476 | | FY 2021-22 | 909.24 | 0.0290% | +22.40% | 32.36% | 309.23 | 0.0068% | +31.87% | 22.86% | +600.01 | #502 | | FY 2022-23 | 1,114.96 | 0.0308% | +22.63% | 35.53% | 464.08 | 0.0081% | +50.08% | 26.92% | +650.88 | #453 | | FY 2023-24 | 1,197.47 | 0.0331% | +7.40% | 33.44% | 320.25 | 0.0057% | −30.99% | 15.52% | +877.22 | #424 | | FY 2024-25 | 1,472.08 | 0.0400% | +22.93% | 34.59% | 370.23 | 0.0061% | +15.61% | 17.32% | +1,101.85 | #373 | - CAGR (7-year): exports 17.09%/yr, imports 11.79%/yr (consistently Surplus) ## Key trade insights: HSN Code 33029011 export-import analysis ### Consistent export growth: 17.09% CAGR over 7 years India's exports under HSN Code 33029011 have grown at a compound annual rate of 17.09% over 7 fiscal years, rising from ₹571.29 Crore in FY 2018-19 to ₹1,472.08 Crore in FY 2024-25. ### HSN Code 33029011 ranked #373 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 33029011 ranks #373 out of 12657 HSN codes by total export value. Within Sub-Chapter 3302, it ranks #1 of 7. By trade surplus, it ranks #327 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 33029011 exports The strongest single-year export movement for HSN Code 33029011 was recorded in FY 2019-20, when exports surged by 37.92% over the prior year. ### India maintains a trade surplus of ₹1,101.85 Crore in HSN Code 33029011 goods In FY 2024-25, India's exports of ₹1,472.08 Cr exceeded imports of ₹370.23 Cr, resulting in a trade surplus of ₹1,101.85 Crore — ranking #327 of 12657 by surplus magnitude. ### Import growth of 11.79% CAGR signals rising demand for Synthetic Perfumery Compounds India's imports under HSN Code 33029011 have grown at 11.79% CAGR, reaching ₹370.23 Crore in FY 2024-25. ### HSN Code 33029011 contributes 34.59% of Sub-Chapter 3302 exports — ranked #1 Among the 7 HSN codes under Sub-Chapter 3302, HSN Code 33029011 ranks #1 by export value — accounting for 34.59% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 17.32% share (rank #3). ## Related HSN Codes in Sub-Chapter 3302 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 33029011: Synthetic Perfumery Compounds (this hsn code) | ₹1,472 Cr | | #2 | [HSN Code 33029090: Industrial odoriferous mixtures, beverage bases \| Other](https://busy.in/hsn/hsn-33029090/) | ₹675 Cr | | #3 | [HSN Code 33021010: Synthetic Flavouring Essences Used in Food & Drink Industries](https://busy.in/hsn/hsn-33021010/) | ₹655 Cr | | #4 | [HSN Code 33029019: Other Perfume Base Mixtures](https://busy.in/hsn/hsn-33029019/) | ₹619 Cr | | #5 | [HSN Code 33021090: Food/drink industry use](https://busy.in/hsn/hsn-33021090/) | ₹617 Cr | | #6 | [HSN Code 33029020: Other \| Aleuritic Acid](https://busy.in/hsn/hsn-33029020/) | ₹124 Cr | | #7 | [HSN Code 33029012: Synthetic Essential Oils](https://busy.in/hsn/hsn-33029012/) | ₹93 Cr |