--- title: "HSN Code for Sulpho Derivatives – Benzene Sulphonic Acid | HSN 29041010 GST Rate" description: "Find HSN and GST Rates for 29041010 related to Sulpho Derivatives – Benzene Sulphonic Acid with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29041010/" --- # HSN Code 29041010: Sulpho Derivatives – Benzene Sulphonic Acid - [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 2904: Hydrocarbon derivatives](https://busy.in/hsn/sub-chapter-2904/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Derivatives containing only sulpho groups, their salts and ethyl esters : Benzene sulphonic acid | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29041010 ? It includes Sulpho Derivatives – Benzene Sulphonic Acid ### Any common misclassification issue with Sulpho Derivatives – Benzene Sulphonic Acid? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Sulpho Derivatives – Benzene Sulphonic Acid? 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 Sulpho Derivatives – Benzene Sulphonic Acid? 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 Sulpho Derivatives – Benzene Sulphonic Acid is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Sulpho Derivatives – Benzene Sulphonic Acid; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Sulpho Derivatives – Benzene Sulphonic Acid? 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 29041010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹5 Cr (+23.52% YoY) — 0.0001% of India's total exports - Imports: ₹20 Cr (+7.58% YoY) — 0.0003% of India's total imports - Trade balance: −₹15 Cr (Deficit); surplus rank #9335 of 12657 HSN codes - Share of Sub-Chapter 2904: 0.61% of its exports; import side 1.93% - Rank within Sub-Chapter 2904: #10 of 36 by export value; import-side #7 ### Key metrics - Export CAGR: 0.46% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #6565 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +412.39% in FY 2021-22 - Contribution to Sub-Ch. 2904: 0.61% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29041010 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. 2904 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2904 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 5.06 | 0.0002% | — | 0.37% | < ₹1 Crore | 0.0000% | — | 0.02% | +4.87 | #5840 | | FY 2019-20 | 4.06 | 0.0002% | −19.76% | 0.43% | < ₹1 Crore | 0.0000% | +73.68% | 0.04% | +3.73 | #6101 | | FY 2020-21 | 2.26 | 0.0001% | −44.34% | 0.36% | < ₹1 Crore | 0.0000% | +42.42% | 0.05% | +1.79 | #6838 | | FY 2021-22 | 11.58 | 0.0004% | +412.39% | 1.27% | < ₹1 Crore | 0.0000% | −12.77% | 0.04% | +11.17 | #5298 | | FY 2022-23 | 7.22 | 0.0002% | −37.65% | 0.83% | 4.56 | 0.0001% | +1,012.20% | 0.35% | +2.66 | #6038 | | FY 2023-24 | 4.21 | 0.0001% | −41.69% | 0.54% | 18.48 | 0.0003% | +305.26% | 1.74% | −14.27 | #6784 | | FY 2024-25 | 5.20 | 0.0001% | +23.52% | 0.61% | 19.88 | 0.0003% | +7.58% | 1.93% | −14.68 | #6565 | - CAGR (7-year): exports 0.46%/yr, imports 117.08%/yr (consistently Deficit) ## Key trade insights: HSN Code 29041010 export-import analysis ### Consistent export growth: 0.46% CAGR over 7 years India's exports under HSN Code 29041010 have grown at a compound annual rate of 0.46% over 7 fiscal years, rising from ₹5.06 Crore in FY 2018-19 to ₹5.20 Crore in FY 2024-25. ### HSN Code 29041010 ranked #6565 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29041010 ranks #6565 out of 12657 HSN codes by total export value. Within Sub-Chapter 2904, it ranks #10 of 36. By trade surplus, it ranks #9335 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 29041010 exports The strongest single-year export movement for HSN Code 29041010 was recorded in FY 2021-22, when exports surged by 412.39% over the prior year. ### India records a trade deficit of ₹14.68 Crore in HSN Code 29041010 goods In FY 2024-25, India's imports of ₹19.88 Cr exceeded exports of ₹5.20 Cr, resulting in a trade deficit of ₹14.68 Crore — ranking #9335 of 12657 by surplus magnitude. ### Import growth of 117.08% CAGR signals rising demand for Sulpho Derivatives – Benzene Sulphonic Acid India's imports under HSN Code 29041010 have grown at 117.08% CAGR, reaching ₹19.88 Crore in FY 2024-25. ### HSN Code 29041010 contributes 0.61% of Sub-Chapter 2904 exports — ranked #10 Among the 36 HSN codes under Sub-Chapter 2904, HSN Code 29041010 ranks #10 by export value — accounting for 0.61% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.93% share (rank #7). ## Related HSN Codes in Sub-Chapter 2904 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 29041090: Sulpho Derivatives – Other](https://busy.in/hsn/hsn-29041090/) | ₹292 Cr | | #2 | [HSN Code 29049990: Sulphonated/Nitrated/Nitrosated Hydrocarbons \| Other](https://busy.in/hsn/hsn-29049990/) | ₹217 Cr | | #3 | [HSN Code 29042090: Nitro derivatives](https://busy.in/hsn/hsn-29042090/) | ₹146 Cr | | #4 | [HSN Code 29042040: Nitro/Nitroso Derivatives – Ortho Nitrotoluene](https://busy.in/hsn/hsn-29042040/) | ₹53 Cr | | #5 | [HSN Code 29049970: Other : Sodium meta nitrobenzene sulphonate](https://busy.in/hsn/hsn-29049970/) | ₹35 Cr | | #6 | [HSN Code 29049920: Other \| Dinitrochlorobenzene](https://busy.in/hsn/hsn-29049920/) | ₹30 Cr | | #7 | [HSN Code 29049940: Other \| Ortho Nitrochlorobenzene](https://busy.in/hsn/hsn-29049940/) | ₹29 Cr | | #8 | [HSN Code 29041030: Sulpho Derivatives – Naphthalene Sulphonic Acid](https://busy.in/hsn/hsn-29041030/) | ₹19 Cr | | #9 | [HSN Code 29042060: Dinitrotoluene](https://busy.in/hsn/hsn-29042060/) | ₹14 Cr | | #10 | HSN Code 29041010: Sulpho Derivatives – Benzene Sulphonic Acid (this hsn code) | ₹5 Cr |