HSN Code 38029012: Pine Oil (Alpha-Terpineol)
HSN Code 38029012 represents Pine Oil (Alpha-Terpineol) under GST classification. This code helps businesses identify Pine Oil (Alpha-Terpineol) correctly for billing, taxation, and trade. With HSN Code 38029012, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Pine Oil (Alpha-Terpineol).
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Description of Goods for HSN Code 38029012
HSN Code 38029012 relates to the following description.
What does HSN Code 38029012 not include?
Pine Oil (Alpha-Terpineol) does not include products with the following descriptions.
Activated carbon
Other: Activated natural mineral products: Activated alumina
Other: Activated natural mineral products: Other
Other: Animal black (for example bone black, ivory black), including spent animal black
India’s Trade Performance — HSN Code 38029012 in FY 2024-25
India’s Exports
FY 2024-25₹2 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹2 Cr
Surplus rank #4187 of 12657 HSN codes
% of Sub-Chapter 3802
FY 2024-250.07%
Share of Sub-Chapter 3802’s total exports in FY 2024-25
Import side: 0.00% of Sub-Chapter 3802’s imports
Rank Within Sub-Chapter 3802
FY 2024-25#5 of 5
Position by export value among HSN codes in Sub-Chapter 3802
At a glance
40.18%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#7510
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+268.97%
Peak Growth Year
FY 2019-20 · strongest single-year move
0.07%
Contribution to Sub-Ch. 3802
Share of Sub-Chapter 3802 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 38029012
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+0.28
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.02% of Sub-Ch. 3802
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 3802
Balance
+1.07
Exports
1.07 ₹ Cr
0.0000% share
+268.97% YoY
0.08% of Sub-Ch. 3802
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 3802
Balance
+0.19
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−33.64% YoY
0.04% of Sub-Ch. 3802
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.10% of Sub-Ch. 3802
Balance
+2.20
Exports
2.22 ₹ Cr
0.0001% share
+212.68% YoY
0.10% of Sub-Ch. 3802
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−96.15% YoY
0.00% of Sub-Ch. 3802
Balance
+4.19
Exports
4.19 ₹ Cr
0.0001% share
+88.74% YoY
0.16% of Sub-Ch. 3802
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 3802
Balance
+3.18
Exports
3.27 ₹ Cr
0.0001% share
−21.96% YoY
0.14% of Sub-Ch. 3802
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.01% of Sub-Ch. 3802
Balance
+2.20
Exports
2.20 ₹ Cr
0.0001% share
−32.72% YoY
0.07% of Sub-Ch. 3802
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 3802
CAGR · 7-Year
Exports
40.18% /yr
Imports
—
reference, FY 2024-25
Export
₹3,183.36 Cr
Import
₹862.16 Cr
Trade Balance
+2,321.20
Key Trade Insights: HSN Code 38029012 Export-Import Analysis
Consistent Export Growth: 40.18% CAGR Over 7 Years
India's exports under HSN Code 38029012 have grown at a compound annual rate of 40.18% over 7 fiscal years, rising from ₹0.29 Crore in FY 2018-19 to ₹2.20 Crore in FY 2024-25.
HSN Code 38029012 Ranked #7510 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 38029012 ranks #7510 out of 12657 HSN codes by total export value. Within Sub-Chapter 3802, it ranks #5 of 5. By trade surplus, it ranks #4187 of 12657.
FY 2019-20 Was the Strongest Growth Year for HSN Code 38029012 Exports
The strongest single-year export movement for HSN Code 38029012 was recorded in FY 2019-20, when exports surged by 268.97% over the prior year.
India Maintains a Trade Surplus of ₹2.20 Crore in HSN Code 38029012 Goods
In FY 2024-25, India's exports of ₹2.20 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹2.20 Crore — ranking #4187 of 12657 by surplus magnitude.
HSN Code 38029012 Contributes 0.07% of Sub-Chapter 3802 Exports — Ranked #5
Among the 5 HSN codes under Sub-Chapter 3802, HSN Code 38029012 ranks #5 by export value — accounting for 0.07% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.
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Frequently Asked Questions
Clear answers to common queries about HSN Code 38029012 and GST compliance.
What products are classified under HSN 38029012 ?
It includes Insect Repellents (Flies, Mosquitoes)
Can we claim ITC on inputs used to trade Pine Oil (Alpha-Terpineol)?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Does packaging or labelling change the GST for Pine Oil (Alpha-Terpineol)?
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 Pine Oil (Alpha-Terpineol)?
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 Pine Oil (Alpha-Terpineol)?
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 Pine Oil (Alpha-Terpineol) is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Pine Oil (Alpha-Terpineol); Nil for exempt items if applicable).
How much GST applies to Pine Oil (Alpha-Terpineol)?
Under HSN 38029012, Pine Oil (Alpha-Terpineol) attracts Varies when sold in taxable form. Describe the exact form on the invoice.