Consistent Export Growth: 8.38% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2911 have grown at a compound annual rate of 8.38% over 7 fiscal years, rising from ₹67.20 Crore in FY 2018-19 to ₹108.90 Crore in FY 2024-25.
HSN Sub Chapter 2911 represents Acetals & derivatives under GST classification. This code helps businesses identify Acetals & derivatives correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2911, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Acetals & derivatives.
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GST Rate for Acetals & derivatives under HSN Code 2911. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Acetals & derivatives.
Tariff HSN
Description
Acetals and hemiacetals, whether or not with other oxygen function, and their halogenated, sulphonated, nitrated or nitrosated derivatives : Acetals and hemiacetals, whether or not with other oxygen function
Tariff HSN
Description
Acetals and hemiacetals, whether or not with other oxygen function, and their halogenated, sulphonated, nitrated or nitrosated derivatives : other
India’s Exports
FY 2024-25₹109 Cr
0.0029% of India’s total exports
India’s Imports
FY 2024-25₹41 Cr
0.0007% of India’s total imports
Trade Balance
FY 2024-25₹68 Cr
Surplus rank #420 of 1233 subchapters
% of Chapter 29
FY 2024-250.06%
Share of Chapter 29’s total exports in FY 2024-25
Import side: 0.02% of Chapter 29’s imports
Rank Within Chapter 29
FY 2024-25#42 of 42
Position by export value among subchapters in Chapter 29
Import-side rank: #42 of 42
At a glance
8.38%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#817
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+51.76%
Peak Growth Year
FY 2024-25 · strongest single-year move
0.06%
Contribution to Ch. 29
Share of Chapter 29 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+4.59
Exports
67.20 ₹ Cr
0.0029% share
— YoY
0.05% of Ch. 29
Imports
62.61 ₹ Cr
0.0017% share
— YoY
0.04% of Ch. 29
Balance
+25.27
Exports
79.95 ₹ Cr
0.0036% share
+18.97% YoY
0.06% of Ch. 29
Imports
54.68 ₹ Cr
0.0016% share
−12.67% YoY
0.04% of Ch. 29
Balance
+48.28
Exports
101.56 ₹ Cr
0.0047% share
+27.03% YoY
0.08% of Ch. 29
Imports
53.28 ₹ Cr
0.0018% share
−2.56% YoY
0.04% of Ch. 29
Balance
+61.67
Exports
111.27 ₹ Cr
0.0035% share
+9.56% YoY
0.07% of Ch. 29
Imports
49.60 ₹ Cr
0.0011% share
−6.91% YoY
0.02% of Ch. 29
Balance
+44.27
Exports
71.38 ₹ Cr
0.0020% share
−35.85% YoY
0.04% of Ch. 29
Imports
27.11 ₹ Cr
0.0005% share
−45.34% YoY
0.01% of Ch. 29
Balance
+37.17
Exports
71.76 ₹ Cr
0.0020% share
+0.53% YoY
0.04% of Ch. 29
Imports
34.59 ₹ Cr
0.0006% share
+27.59% YoY
0.02% of Ch. 29
Balance
+67.61
Exports
108.90 ₹ Cr
0.0029% share
+51.76% YoY
0.06% of Ch. 29
Imports
41.29 ₹ Cr
0.0007% share
+19.37% YoY
0.02% of Ch. 29
CAGR · 7-Year
Exports
8.38% /yr
Imports
−6.70% /yr
reference, FY 2024-25
Export
₹1,70,243.54 Cr
Import
₹2,24,781.99 Cr
Trade Balance
−54,538.45
India's exports under HSN Sub-Chapter 2911 have grown at a compound annual rate of 8.38% over 7 fiscal years, rising from ₹67.20 Crore in FY 2018-19 to ₹108.90 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2911 ranks #817 out of 1233 subchapters by total export value. Within Chapter 29, it ranks #42 of 42. By trade surplus, it ranks #420 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2911 was recorded in FY 2024-25, when exports surged by 51.76% over the prior year.
In FY 2024-25, India's exports of ₹108.90 Cr exceeded imports of ₹41.29 Cr, resulting in a trade surplus of ₹67.61 Crore — ranking #420 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2911 have grown at −6.70% CAGR, reaching ₹41.29 Crore in FY 2024-25.
Among the 42 subchapters under Chapter 29, HSN Sub-Chapter 2911 ranks #42 by export value — accounting for 0.06% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.02% share (rank #42).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 2911 and GST compliance.
It includes Acetals & derivatives
Use a delivery challan for sending Acetals & derivatives to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Acetals & derivatives are forward charge. Check the current notifications for any special cases before deciding.
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.
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.
If your outward supply of Acetals & derivatives 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.