--- title: "HSN Code for Synthetic Essential Oils | HSN 33029012 GST Rate" description: "Find HSN and GST Rates for 33029012 related to Synthetic Essential Oils with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-33029012/" --- # HSN Code 33029012: Synthetic Essential Oils - [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 essential oil | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 33029012 ? It includes Synthetic Essential Oils ### Does packaging or labelling change the GST for Synthetic Essential Oils? 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. ### Any common misclassification issue with Synthetic Essential Oils? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How much GST applies to Synthetic Essential Oils? Under HSN 33029012, Synthetic Essential Oils attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Synthetic Essential Oils is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Synthetic Essential Oils; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Synthetic Essential Oils? 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 33029012 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹93 Cr (+35.43% YoY) — 0.0025% of India's total exports - Imports: ₹16 Cr (−6.17% YoY) — 0.0003% of India's total imports - Trade balance: ₹77 Cr (Surplus); surplus rank #1798 of 12657 HSN codes - Share of Sub-Chapter 3302: 2.19% of its exports; import side 0.75% - Rank within Sub-Chapter 3302: #7 of 7 by export value; import-side #6 ### Key metrics - Export CAGR: 19.55% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2750 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +44.39% in FY 2019-20 - Contribution to Sub-Ch. 3302: 2.19% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 33029012 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 | 31.90 | 0.0014% | — | 1.32% | 20.45 | 0.0006% | — | 1.76% | +11.45 | #3500 | | FY 2019-20 | 46.06 | 0.0021% | +44.39% | 1.78% | 21.80 | 0.0007% | +6.60% | 1.76% | +24.26 | #2999 | | FY 2020-21 | 52.74 | 0.0025% | +14.50% | 2.07% | 20.67 | 0.0007% | −5.18% | 1.75% | +32.07 | #2845 | | FY 2021-22 | 63.62 | 0.0020% | +20.63% | 2.26% | 10.45 | 0.0002% | −49.44% | 0.77% | +53.17 | #3023 | | FY 2022-23 | 57.07 | 0.0016% | −10.30% | 1.82% | 11.43 | 0.0002% | +9.38% | 0.66% | +45.64 | #3297 | | FY 2023-24 | 68.78 | 0.0019% | +20.52% | 1.92% | 17.19 | 0.0003% | +50.39% | 0.83% | +51.59 | #3101 | | FY 2024-25 | 93.15 | 0.0025% | +35.43% | 2.19% | 16.13 | 0.0003% | −6.17% | 0.75% | +77.02 | #2750 | - CAGR (7-year): exports 19.55%/yr, imports -3.88%/yr (consistently Surplus) ## Key trade insights: HSN Code 33029012 export-import analysis ### Consistent export growth: 19.55% CAGR over 7 years India's exports under HSN Code 33029012 have grown at a compound annual rate of 19.55% over 7 fiscal years, rising from ₹31.90 Crore in FY 2018-19 to ₹93.15 Crore in FY 2024-25. ### HSN Code 33029012 ranked #2750 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 33029012 ranks #2750 out of 12657 HSN codes by total export value. Within Sub-Chapter 3302, it ranks #7 of 7. By trade surplus, it ranks #1798 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 33029012 exports The strongest single-year export movement for HSN Code 33029012 was recorded in FY 2019-20, when exports surged by 44.39% over the prior year. ### India maintains a trade surplus of ₹77.02 Crore in HSN Code 33029012 goods In FY 2024-25, India's exports of ₹93.15 Cr exceeded imports of ₹16.13 Cr, resulting in a trade surplus of ₹77.02 Crore — ranking #1798 of 12657 by surplus magnitude. ### Import growth of -3.88% CAGR signals stable import dependency for Synthetic Essential Oils India's imports under HSN Code 33029012 have grown at -3.88% CAGR, reaching ₹16.13 Crore in FY 2024-25. ### HSN Code 33029012 contributes 2.19% of Sub-Chapter 3302 exports — ranked #7 Among the 7 HSN codes under Sub-Chapter 3302, HSN Code 33029012 ranks #7 by export value — accounting for 2.19% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.75% share (rank #6). ## 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](https://busy.in/hsn/hsn-33029011/) | ₹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 (this hsn code) | ₹93 Cr |