--- title: "HSN Code for Nitro/Nitroso Derivatives – Nitrobenzene | HSN 29042010 GST Rate" description: "Find HSN and GST Rates for 29042010 related to Nitro/Nitroso Derivatives – Nitrobenzene with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29042010/" --- # HSN Code 29042010: Nitro/Nitroso Derivatives – Nitrobenzene - [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 nitro or only nitroso groups : Nitrobenzene | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29042010 ? It includes Nitro/Nitroso Derivatives – Nitrobenzene ### Does packaging or labelling change the GST for Nitro/Nitroso Derivatives – Nitrobenzene? 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. ### How much GST applies to Nitro/Nitroso Derivatives – Nitrobenzene? Under HSN 29042010, Nitro/Nitroso Derivatives – Nitrobenzene attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Nitro/Nitroso Derivatives – Nitrobenzene? 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. ### Can we claim ITC on inputs used to trade Nitro/Nitroso Derivatives – Nitrobenzene? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How should mixed supplies be billed when Nitro/Nitroso Derivatives – Nitrobenzene is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Nitro/Nitroso Derivatives – Nitrobenzene; Nil for exempt items if applicable). ## India's trade performance: HSN Code 29042010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹3 Cr (+16.95% YoY) — 0.0001% of India's total exports - Imports: ₹12 Cr (+328.73% YoY) — 0.0002% of India's total imports - Trade balance: −₹9 Cr (Deficit); surplus rank #9006 of 12657 HSN codes - Share of Sub-Chapter 2904: 0.32% of its exports; import side 1.14% - Rank within Sub-Chapter 2904: #11 of 36 by export value; import-side #9 ### Key metrics - Export CAGR: 16.57% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7286 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +59.06% in FY 2022-23 - Contribution to Sub-Ch. 2904: 0.32% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29042010 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 | 1.10 | 0.0000% | — | 0.08% | 107.21 | 0.0030% | — | 13.50% | −106.11 | #7538 | | FY 2019-20 | 1.31 | 0.0001% | +19.09% | 0.14% | 80.73 | 0.0024% | −24.70% | 10.16% | −79.42 | #7354 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −24.43% | 0.16% | 50.08 | 0.0017% | −37.97% | 5.73% | −49.09 | #7668 | | FY 2021-22 | 1.49 | 0.0000% | +50.51% | 0.16% | 63.61 | 0.0014% | +27.02% | 5.44% | −62.12 | #7626 | | FY 2022-23 | 2.37 | 0.0001% | +59.06% | 0.27% | 42.35 | 0.0007% | −33.42% | 3.28% | −39.98 | #7249 | | FY 2023-24 | 2.36 | 0.0001% | −0.42% | 0.30% | 2.75 | 0.0000% | −93.51% | 0.26% | −0.39 | #7406 | | FY 2024-25 | 2.76 | 0.0001% | +16.95% | 0.32% | 11.79 | 0.0002% | +328.73% | 1.14% | −9.03 | #7286 | - CAGR (7-year): exports 16.57%/yr, imports -30.78%/yr (consistently Deficit) ## Key trade insights: HSN Code 29042010 export-import analysis ### Consistent export growth: 16.57% CAGR over 7 years India's exports under HSN Code 29042010 have grown at a compound annual rate of 16.57% over 7 fiscal years, rising from ₹1.10 Crore in FY 2018-19 to ₹2.76 Crore in FY 2024-25. ### HSN Code 29042010 ranked #7286 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29042010 ranks #7286 out of 12657 HSN codes by total export value. Within Sub-Chapter 2904, it ranks #11 of 36. By trade surplus, it ranks #9006 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 29042010 exports The strongest single-year export movement for HSN Code 29042010 was recorded in FY 2022-23, when exports surged by 59.06% over the prior year. ### India records a trade deficit of ₹9.03 Crore in HSN Code 29042010 goods In FY 2024-25, India's imports of ₹11.79 Cr exceeded exports of ₹2.76 Cr, resulting in a trade deficit of ₹9.03 Crore — ranking #9006 of 12657 by surplus magnitude. ### Import growth of -30.78% CAGR signals stable import dependency for Nitro/Nitroso Derivatives – Nitrobenzene India's imports under HSN Code 29042010 have grown at -30.78% CAGR, reaching ₹11.79 Crore in FY 2024-25. ### HSN Code 29042010 contributes 0.32% of Sub-Chapter 2904 exports — ranked #11 Among the 36 HSN codes under Sub-Chapter 2904, HSN Code 29042010 ranks #11 by export value — accounting for 0.32% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.14% share (rank #9). ## 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](https://busy.in/hsn/hsn-29041010/) | ₹5 Cr | | #11 | HSN Code 29042010: Nitro/Nitroso Derivatives – Nitrobenzene (this hsn code) | ₹3 Cr |