--- title: "HSN Code for Sulpho Derivatives – Naphthalene Sulphonic Acid | HSN 29041030 GST Rate" description: "Find HSN and GST Rates for 29041030 related to Sulpho Derivatives – Naphthalene Sulphonic Acid with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29041030/" --- # HSN Code 29041030: Sulpho Derivatives – Naphthalene 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 : Napthelene sulphonic acid | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29041030 ? It includes Sulpho Derivatives – Naphthalene Sulphonic Acid ### How should mixed supplies be billed when Sulpho Derivatives – Naphthalene 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 – Naphthalene Sulphonic Acid; Nil for exempt items if applicable). ### How much GST applies to Sulpho Derivatives – Naphthalene Sulphonic Acid? Under HSN 29041030, Sulpho Derivatives – Naphthalene Sulphonic Acid attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Sulpho Derivatives – Naphthalene 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 – Naphthalene 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. ### Any common misclassification issue with Sulpho Derivatives – Naphthalene 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. ## India's trade performance: HSN Code 29041030 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹19 Cr (−9.63% YoY) — 0.0005% of India's total exports - Imports: Nil (−100.00% YoY) — 0.0000% of India's total imports - Trade balance: ₹19 Cr (Surplus); surplus rank #2853 of 12657 HSN codes - Share of Sub-Chapter 2904: 2.25% of its exports; import side 0.00% - Rank within Sub-Chapter 2904: #8 of 36 by export value ### Key metrics - Export CAGR: 14.55% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4943 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +87.27% in FY 2023-24 - Contribution to Sub-Ch. 2904: 2.25% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29041030 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 | 8.47 | 0.0004% | — | 0.61% | < ₹1 Crore | 0.0000% | — | 0.00% | +8.46 | #5191 | | FY 2019-20 | 11.02 | 0.0005% | +30.11% | 1.17% | < ₹1 Crore | 0.0000% | +1,800.00% | 0.02% | +10.83 | #4882 | | FY 2020-21 | 12.67 | 0.0006% | +14.97% | 2.00% | < ₹1 Crore | 0.0000% | −94.74% | 0.00% | +12.66 | #4790 | | FY 2021-22 | 14.76 | 0.0005% | +16.50% | 1.62% | Nil | 0.0000% | −100.00% | 0.00% | +14.76 | #4988 | | FY 2022-23 | 11.31 | 0.0003% | −23.37% | 1.30% | < ₹1 Crore | 0.0000% | — | 0.01% | +11.24 | #5463 | | FY 2023-24 | 21.18 | 0.0006% | +87.27% | 2.71% | < ₹1 Crore | 0.0000% | +942.86% | 0.07% | +20.45 | #4701 | | FY 2024-25 | 19.14 | 0.0005% | −9.63% | 2.25% | Nil | 0.0000% | −100.00% | 0.00% | +19.14 | #4943 | - CAGR (7-year): exports 14.55%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 29041030 export-import analysis ### Consistent export growth: 14.55% CAGR over 7 years India's exports under HSN Code 29041030 have grown at a compound annual rate of 14.55% over 7 fiscal years, rising from ₹8.47 Crore in FY 2018-19 to ₹19.14 Crore in FY 2024-25. ### HSN Code 29041030 ranked #4943 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29041030 ranks #4943 out of 12657 HSN codes by total export value. Within Sub-Chapter 2904, it ranks #8 of 36. By trade surplus, it ranks #2853 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 29041030 exports The strongest single-year export movement for HSN Code 29041030 was recorded in FY 2023-24, when exports surged by 87.27% over the prior year. ### India maintains a trade surplus of ₹19.14 Crore in HSN Code 29041030 goods In FY 2024-25, India's exports of ₹19.14 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹19.14 Crore — ranking #2853 of 12657 by surplus magnitude. ### HSN Code 29041030 contributes 2.25% of Sub-Chapter 2904 exports — ranked #8 Among the 36 HSN codes under Sub-Chapter 2904, HSN Code 29041030 ranks #8 by export value — accounting for 2.25% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## 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 (this hsn code) | ₹19 Cr | | #9 | [HSN Code 29042060: Dinitrotoluene](https://busy.in/hsn/hsn-29042060/) | ₹14 Cr | | #10 | [HSN Code 29041010: Sulpho Derivatives – Benzene Sulphonic Acid](https://busy.in/hsn/hsn-29041010/) | ₹5 Cr |