2906 HSN Code: Cyclic alcohols & derivatives

HSN Sub Chapter 2906 represents Cyclic alcohols & derivatives under GST classification. This code helps businesses identify Cyclic alcohols & derivatives correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2906, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Cyclic alcohols & derivatives.

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New GST Rate for HSN Code 2906

GST Rate for Cyclic alcohols & derivatives under HSN Code 2906. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

29

HSN Code

2906

HSN Description

Cyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives

New GST Rate

5 %
Essential

Old GST Rate

12 %

Tariff HSN Codes under HSN Sub Chapter 2906

Following tariff HSN codes fall under Cyclic alcohols & derivatives.

Tariff HSN

29061100

Description

Cyclanic, cyclenic or cycloterpenic : Menthol

Tariff HSN

29061200

Description

Cyclanic, cyclenic or cycloterpenic : Cyclohexanol, methylcyclohexanols and dimethylcyclohexanols

Tariff HSN

29061310

Description

Cyclanic, cyclenic or cycloterpenic : Sterols and inositols : Cholesterol

Tariff HSN

29061390

Description

Cyclanic, cyclenic or cycloterpenic : Sterols and inositols : Other

Tariff HSN

29061400

Description

Cyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives - cyclanic, cyclenic or cycloterpenic : terpineols

Tariff HSN

29061910

Description

Cyclanic, cyclenic or cycloterpenic : Other : Borneol

Tariff HSN

29061990

Description

Cyclanic, cyclenic or cycloterpenic : Other : Other

Tariff HSN

29062100

Description

Aromatic : Benzyl alcohol

Tariff HSN

29062910

Description

Aromatic : other : Cinnamic alcohol

Tariff HSN

29062920

Description

Aromatic : other : Phenylethyl alcohol

Tariff HSN

29062990

Description

Aromatic : other : other

India’s Trade Performance — HSN Sub-Chapter 2906 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

₹2,574 Cr

+2.02% vs FY 2023-24

0.0695% of India’s total exports

India’s Imports

FY 2024-25

₹2,504 Cr

+32.81% vs FY 2023-24

0.0411% of India’s total imports

Trade Balance

FY 2024-25

₹70 Cr

Trade Surplus

Surplus rank #417 of 1233 subchapters

% of Chapter 29

FY 2024-25

1.51%

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

Import side: 1.11% of Chapter 29’s imports

Rank Within Chapter 29

FY 2024-25

#20 of 42

Position by export value among subchapters in Chapter 29

Import-side rank: #24 of 42

At a glance

−5.12%

Export CAGR

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

#224

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+3.82%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.51%

Contribution to Ch. 29

Share of Chapter 29 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 2906

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 #128

Balance

+2,829.57

Exports

3,528.57 ₹ Cr

0.1537% share

— YoY

2.77% of Ch. 29

Imports

699.00 ₹ Cr

0.0195% share

— YoY

0.45% of Ch. 29

FY 2019-20 Exp. Rank #118

Balance

+2,640.28

Exports

3,544.12 ₹ Cr

0.1605% share

+0.44% YoY

2.86% of Ch. 29

Imports

903.84 ₹ Cr

0.0269% share

+29.30% YoY

0.64% of Ch. 29

FY 2020-21 Exp. Rank #132

Balance

+2,186.82

Exports

3,281.99 ₹ Cr

0.1526% share

−7.40% YoY

2.47% of Ch. 29

Imports

1,095.17 ₹ Cr

0.0376% share

+21.17% YoY

0.75% of Ch. 29

FY 2021-22 Exp. Rank #159

Balance

+2,252.05

Exports

3,407.51 ₹ Cr

0.1086% share

+3.82% YoY

2.07% of Ch. 29

Imports

1,155.46 ₹ Cr

0.0253% share

+5.51% YoY

0.54% of Ch. 29

FY 2022-23 Exp. Rank #197

Balance

+1,283.34

Exports

2,670.15 ₹ Cr

0.0737% share

−21.64% YoY

1.56% of Ch. 29

Imports

1,386.81 ₹ Cr

0.0241% share

+20.02% YoY

0.60% of Ch. 29

FY 2023-24 Exp. Rank #211

Balance

+637.71

Exports

2,522.97 ₹ Cr

0.0697% share

−5.51% YoY

1.50% of Ch. 29

Imports

1,885.26 ₹ Cr

0.0336% share

+35.94% YoY

0.85% of Ch. 29

FY 2024-25 Exp. Rank #224

Balance

+70.24

Exports

2,574.03 ₹ Cr

0.0695% share

+2.02% YoY

1.51% of Ch. 29

Imports

2,503.79 ₹ Cr

0.0411% share

+32.81% YoY

1.11% of Ch. 29

CAGR · 7-Year

Exports

−5.12% /yr

Imports

23.70% /yr

Consistently Surplus
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 2906 Export-Import Analysis

Export Decline: −5.12% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 2906 have declined at a compound annual rate of −5.12% over 7 fiscal years, falling from ₹3,528.57 Crore in FY 2018-19 to ₹2,574.03 Crore in FY 2024-25.

HSN Sub-Chapter 2906 Ranked #224 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 2906 ranks #224 out of 1233 subchapters by total export value. Within Chapter 29, it ranks #20 of 42. By trade surplus, it ranks #417 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 2906 Exports

The strongest single-year export movement for HSN Sub-Chapter 2906 was recorded in FY 2021-22, when exports surged by 3.82% over the prior year.

India Maintains a Trade Surplus of ₹70.24 Crore in HSN Sub-Chapter 2906 Goods

In FY 2024-25, India's exports of ₹2,574.03 Cr exceeded imports of ₹2,503.79 Cr, resulting in a trade surplus of ₹70.24 Crore — ranking #417 of 1233 by surplus magnitude.

Import Growth of 23.70% CAGR Signals Rising Demand for Cyclic alcohols & derivatives

India's imports under HSN Sub-Chapter 2906 have grown at 23.70% CAGR, reaching ₹2,503.79 Crore in FY 2024-25.

HSN Sub-Chapter 2906 Contributes 1.51% of Chapter 29 Exports — Ranked #20

Among the 42 subchapters under Chapter 29, HSN Sub-Chapter 2906 ranks #20 by export value — accounting for 1.51% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.11% share (rank #24).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 2906 and GST compliance.

What products are classified under HSN 2906

It includes Cyclic alcohols & derivatives

Does MRP, weight or pack size change GST treatment for Cyclic alcohols & derivatives?

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.

Can reverse charge ever apply to transactions involving Cyclic alcohols & derivatives?

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

Does packaging or branding change how GST applies to Cyclic alcohols & derivatives?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Cyclic alcohols & derivatives 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.

What are the e‑way bill and e‑invoice points while moving Cyclic alcohols & derivatives?

Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.

Any special steps when selling Cyclic alcohols & derivatives through an e‑commerce platform?

Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.

Any import/export nuance for Cyclic alcohols & derivatives?

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.

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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