--- title: "HSN Code for Difluoromethane (HFC-32) | HSN 29034200 GST Rate" description: "Find HSN and GST Rates for 29034200 related to Difluoromethane (HFC-32) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29034200/" --- # HSN Code 29034200: Difluoromethane (HFC-32) - [Section 06: Guide to HSN Section 06](https://busy.in/hsn/section-06/) - [Chapter 29: Organic Chemicals](https://busy.in/hsn/chapter-29/) - [Sub-chapter 2903: Halogenated hydrocarbons derivatives](https://busy.in/hsn/sub-chapter-2903/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Saturated fluorinated derivatives of acyclic hydrocarbons: Difluoromethane (HFC-32) | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29034200 ? It includes Difluoromethane (HFC-32) ### How should mixed supplies be billed when Difluoromethane (HFC-32) is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Difluoromethane (HFC-32); Nil for exempt items if applicable). ### How much GST applies to Difluoromethane (HFC-32)? Under HSN 29034200, Difluoromethane (HFC-32) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Difluoromethane (HFC-32)? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Difluoromethane (HFC-32)? 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. ### Does packaging or labelling change the GST for Difluoromethane (HFC-32)? 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. ## India's trade performance: HSN Code 29034200 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹173 Cr (+52.32% YoY) — 0.0047% of India's total exports - Imports: ₹204 Cr (+45.14% YoY) — 0.0034% of India's total imports - Trade balance: −₹31 Cr (Deficit); surplus rank #9877 of 12657 HSN codes - Share of Sub-Chapter 2903: 5.31% of its exports; import side 2.76% - Rank within Sub-Chapter 2903: #6 of 85 by export value; import-side #5 ### Key metrics - National export rank: #2002 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +52.32% in FY 2024-25 - Contribution to Sub-Ch. 2903: 5.31% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29034200 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. 2903 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2903 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2020-21 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2021-22 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2022-23 | 150.58 | 0.0042% | — | 3.22% | 168.51 | 0.0029% | — | 1.57% | −17.93 | #2050 | | FY 2023-24 | 113.33 | 0.0031% | −24.74% | 3.42% | 140.59 | 0.0025% | −16.57% | 1.87% | −27.26 | #2415 | | FY 2024-25 | 172.62 | 0.0047% | +52.32% | 5.31% | 204.05 | 0.0034% | +45.14% | 2.76% | −31.43 | #2002 | ## Key trade insights: HSN Code 29034200 export-import analysis ### Export snapshot for HSN Code 29034200 India exported ₹172.62 Crore worth of Difluoromethane (HFC-32) in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 29034200 ranked #2002 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29034200 ranks #2002 out of 12657 HSN codes by total export value. Within Sub-Chapter 2903, it ranks #6 of 85. By trade surplus, it ranks #9877 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 29034200 exports The strongest single-year export movement for HSN Code 29034200 was recorded in FY 2024-25, when exports surged by 52.32% over the prior year. ### India records a trade deficit of ₹31.43 Crore in HSN Code 29034200 goods In FY 2024-25, India's imports of ₹204.05 Cr exceeded exports of ₹172.62 Cr, resulting in a trade deficit of ₹31.43 Crore — ranking #9877 of 12657 by surplus magnitude. ### HSN Code 29034200 contributes 5.31% of Sub-Chapter 2903 exports — ranked #6 Among the 85 HSN codes under Sub-Chapter 2903, HSN Code 29034200 ranks #6 by export value — accounting for 5.31% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.76% share (rank #5). ## Related HSN Codes in Sub-Chapter 2903 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 29039990: Halogenated derivatives: Other](https://busy.in/hsn/hsn-29039990/) | ₹524 Cr | | #2 | [HSN Code 29037900: Other Halogenated Acyclic Hydrocarbons (≥2 Different Halogens)](https://busy.in/hsn/hsn-29037900/) | ₹513 Cr | | #3 | [HSN Code 29039130: p-Dichlorobenzene (Paradichlorobenzene)](https://busy.in/hsn/hsn-29039130/) | ₹489 Cr | | #4 | [HSN Code 29037100: Chlorodifluoromethane (R-22)](https://busy.in/hsn/hsn-29037100/) | ₹477 Cr | | #5 | [HSN Code 29034500: 1,1,1,2-Tetrafluoroethane (HFC-134a)](https://busy.in/hsn/hsn-29034500/) | ₹273 Cr | | #6 | HSN Code 29034200: Difluoromethane (HFC-32) (this hsn code) | ₹173 Cr | | #7 | [HSN Code 29034400: Pentafluoroethane (HFC-125)](https://busy.in/hsn/hsn-29034400/) | ₹169 Cr | | #8 | [HSN Code 29031200: Dichloromethane](https://busy.in/hsn/hsn-29031200/) | ₹159 Cr | | #9 | [HSN Code 29039940: Benzylchloride: Halogenated Aromatic Hydrocarbon Derivatives](https://busy.in/hsn/hsn-29039940/) | ₹99 Cr | | #10 | [HSN Code 29031990: Saturated Chlorinated Derivatives of Acyclic Hydrocarbons](https://busy.in/hsn/hsn-29031990/) | ₹49 Cr |