2902 HSN Code: Cyclic hydrocarbons

HSN Sub Chapter 2902 represents Cyclic hydrocarbons under GST classification. This code helps businesses identify Cyclic hydrocarbons correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2902, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Cyclic hydrocarbons.

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New GST Rate for HSN Code 2902

GST Rate for Cyclic hydrocarbons under HSN Code 2902. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

29

HSN Code

2902

HSN Description

Cyclic hydrocarbons

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 2902

Following tariff HSN codes fall under Cyclic hydrocarbons.

Tariff HSN

29021100

Description

Cyclanes, cyclenes and cycloterpenes : Cyclohexane

Tariff HSN

29021900

Description

Cyclic hydrocarbons - cyclanes, cyclenes and cycloterpenes : other

Tariff HSN

29021910

Description

Cyclanes, cyclenes and cycloterpenes : Other: Cyclopropyl actetylene

Tariff HSN

29021990

Description

Cyclanes, cyclenes and cycloterpenes : Other: Other

Tariff HSN

29022000

Description

Benzene

Tariff HSN

29023000

Description

Toluene

Tariff HSN

29024100

Description

Xylenes : o-Xylene

Tariff HSN

29024200

Description

Xylenes : m-Xylene

Tariff HSN

29024300

Description

Xylenes : p-Xylene

Tariff HSN

29024400

Description

Xylenes : Mixed xylene isomers

Tariff HSN

29025000

Description

Styrene

Tariff HSN

29026000

Description

Ethylbenzene

Tariff HSN

29027000

Description

Cumene

Tariff HSN

29029010

Description

Other : Dipentene

Tariff HSN

29029020

Description

Other : Diphenyl methane

Tariff HSN

29029030

Description

Other : Dodecyclic benzenes (excluding mixed alkylarenes)

Tariff HSN

29029040

Description

Other : Napthalene, pure

Tariff HSN

29029050

Description

Other : Isobutyl benzene

Tariff HSN

29029060

Description

Other : N-propyl benzene

Tariff HSN

29029090

Description

Other :Other

India’s Trade Performance — HSN Sub-Chapter 2902 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹15,293 Cr

+2.96% vs FY 2023-24

0.4129% of India’s total exports

India’s Imports

FY 2024-25

₹28,315 Cr

+16.81% vs FY 2023-24

0.4643% of India’s total imports

Trade Balance

FY 2024-25

−₹13,022 Cr

Trade Deficit

Surplus rank #1167 of 1233 subchapters

% of Chapter 29

FY 2024-25

8.98%

Share of Chapter 29’s total exports in FY 2024-25

Import side: 12.60% of Chapter 29’s imports

Rank Within Chapter 29

FY 2024-25

#2 of 42

Position by export value among subchapters in Chapter 29

Import-side rank: #1 of 42

At a glance

−10.52%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#35

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+62.13%

Peak Growth Year

FY 2021-22 · strongest single-year move

8.98%

Contribution to Ch. 29

Share of Chapter 29 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 2902

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #10

Balance

+9,633.68

Exports

29,793.00 ₹ Cr

1.2980% share

— YoY

23.35% of Ch. 29

Imports

20,159.32 ₹ Cr

0.5614% share

— YoY

12.88% of Ch. 29

FY 2019-20 Exp. Rank #12

Balance

+8,691.23

Exports

24,117.54 ₹ Cr

1.0919% share

−19.05% YoY

19.47% of Ch. 29

Imports

15,426.31 ₹ Cr

0.4598% share

−23.48% YoY

11.00% of Ch. 29

FY 2020-21 Exp. Rank #21

Balance

+8,246.22

Exports

19,462.74 ₹ Cr

0.9049% share

−19.30% YoY

14.62% of Ch. 29

Imports

11,216.52 ₹ Cr

0.3849% share

−27.29% YoY

7.69% of Ch. 29

FY 2021-22 Exp. Rank #15

Balance

+14,155.39

Exports

31,555.16 ₹ Cr

1.0055% share

+62.13% YoY

19.20% of Ch. 29

Imports

17,399.77 ₹ Cr

0.3807% share

+55.13% YoY

8.18% of Ch. 29

FY 2022-23 Exp. Rank #18

Balance

−545.03

Exports

23,064.45 ₹ Cr

0.6370% share

−26.91% YoY

13.45% of Ch. 29

Imports

23,609.48 ₹ Cr

0.4106% share

+35.69% YoY

10.17% of Ch. 29

FY 2023-24 Exp. Rank #35

Balance

−9,386.94

Exports

14,853.51 ₹ Cr

0.4105% share

−35.60% YoY

8.83% of Ch. 29

Imports

24,240.45 ₹ Cr

0.4316% share

+2.67% YoY

10.95% of Ch. 29

FY 2024-25 Exp. Rank #35

Balance

−13,021.71

Exports

15,292.99 ₹ Cr

0.4129% share

+2.96% YoY

8.98% of Ch. 29

Imports

28,314.70 ₹ Cr

0.4643% share

+16.81% YoY

12.60% of Ch. 29

CAGR · 7-Year

Exports

−10.52% /yr

Imports

5.83% /yr

Consistently Deficit
Chapter 29 total

reference, FY 2024-25

Export

₹1,70,243.54 Cr

Import

₹2,24,781.99 Cr

Trade Balance

−54,538.45

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Sub-Chapter 2902 Export-Import Analysis

Export Decline: −10.52% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 2902 have declined at a compound annual rate of −10.52% over 7 fiscal years, falling from ₹29,793.00 Crore in FY 2018-19 to ₹15,292.99 Crore in FY 2024-25.

HSN Sub-Chapter 2902 Ranked #35 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 2902 ranks #35 out of 1233 subchapters by total export value. Within Chapter 29, it ranks #2 of 42. By trade surplus, it ranks #1167 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 2902 Exports

The strongest single-year export movement for HSN Sub-Chapter 2902 was recorded in FY 2021-22, when exports surged by 62.13% over the prior year.

India Records a Trade Deficit of ₹13,021.71 Crore in HSN Sub-Chapter 2902 Goods

In FY 2024-25, India's imports of ₹28,314.70 Cr exceeded exports of ₹15,292.99 Cr, resulting in a trade deficit of ₹13,021.71 Crore — ranking #1167 of 1233 by surplus magnitude.

Import Growth of 5.83% CAGR Signals Stable Import Dependency for Cyclic hydrocarbons

India's imports under HSN Sub-Chapter 2902 have grown at 5.83% CAGR, reaching ₹28,314.70 Crore in FY 2024-25.

HSN Sub-Chapter 2902 Contributes 8.98% of Chapter 29 Exports — Ranked #2

Among the 42 subchapters under Chapter 29, HSN Sub-Chapter 2902 ranks #2 by export value — accounting for 8.98% of the chapter's total exports in FY 2024-25. On the import side, it holds 12.60% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 2902 and GST compliance.

What products are classified under HSN 2902

It includes Cyclic hydrocarbons

Does packaging or branding change how GST applies to Cyclic hydrocarbons?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Cyclic hydrocarbons is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.

Any import/export nuance for Cyclic hydrocarbons?

Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.

Can reverse charge ever apply to transactions involving Cyclic hydrocarbons?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Cyclic hydrocarbons are forward charge. Check the current notifications for any special cases before deciding.

Can I claim ITC on inputs and services used for Cyclic hydrocarbons?

If your outward supply of Cyclic hydrocarbons is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.

Does MRP, weight or pack size change GST treatment for Cyclic hydrocarbons?

Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.

How are warranty replacements of Cyclic hydrocarbons handled?

If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.

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