--- title: "HSN Code for Nitro/Nitroso Derivatives – Meta Nitrotoluene | HSN 29042030 GST Rate" description: "Find HSN and GST Rates for 29042030 related to Nitro/Nitroso Derivatives – Meta Nitrotoluene with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29042030/" --- # HSN Code 29042030: Nitro/Nitroso Derivatives – Meta Nitrotoluene - [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 : Meta nitrotoluene | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29042030 ? It includes Nitro/Nitroso Derivatives – Meta Nitrotoluene ### Do e‑way bill and e‑invoice apply for Nitro/Nitroso Derivatives – Meta Nitrotoluene? 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 Nitro/Nitroso Derivatives – Meta Nitrotoluene 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 – Meta Nitrotoluene; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Nitro/Nitroso Derivatives – Meta Nitrotoluene? 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 – Meta Nitrotoluene? Under HSN 29042030, Nitro/Nitroso Derivatives – Meta Nitrotoluene attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Nitro/Nitroso Derivatives – Meta Nitrotoluene? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 29042030 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+33.33% YoY) — 0.0000% of India's total exports - Imports: ₹13 Cr (+40.94% YoY) — 0.0002% of India's total imports - Trade balance: −₹13 Cr (Deficit); surplus rank #9243 of 12657 HSN codes - Share of Sub-Chapter 2904: 0.00% of its exports; import side 1.24% - Rank within Sub-Chapter 2904: #17 of 36 by export value; import-side #8 ### Key metrics - Export CAGR: 25.99% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #10112 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +100.00% in FY 2022-23 - Contribution to Sub-Ch. 2904: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29042030 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 Crore | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | — | 0.00% | 0.00 | #9921 | | FY 2019-20 | Nil | 0.0000% | −100.00% | 0.00% | Nil | 0.0000% | −100.00% | 0.00% | 0.00 | — | | FY 2020-21 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | — | 0.01% | −0.10 | — | | FY 2021-22 | < ₹1 Crore | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | −40.00% | 0.01% | −0.05 | #10198 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +100.00% | 0.00% | < ₹1 Crore | 0.0000% | +1,516.67% | 0.08% | −0.95 | #10152 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +50.00% | 0.00% | 9.11 | 0.0002% | +839.18% | 0.86% | −9.08 | #10223 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +33.33% | 0.00% | 12.84 | 0.0002% | +40.94% | 1.24% | −12.80 | #10112 | - CAGR (7-year): exports 25.99%/yr, imports 229.68%/yr (consistently Deficit) ## Key trade insights: HSN Code 29042030 export-import analysis ### Consistent export growth: 25.99% CAGR over 7 years India's exports under HSN Code 29042030 have grown at a compound annual rate of 25.99% over 7 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹0.04 Crore in FY 2024-25. ### HSN Code 29042030 ranked #10112 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29042030 ranks #10112 out of 12657 HSN codes by total export value. Within Sub-Chapter 2904, it ranks #17 of 36. By trade surplus, it ranks #9243 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 29042030 exports The strongest single-year export movement for HSN Code 29042030 was recorded in FY 2022-23, when exports surged by 100.00% over the prior year. ### India records a trade deficit of ₹12.80 Crore in HSN Code 29042030 goods In FY 2024-25, India's imports of ₹12.84 Cr exceeded exports of ₹0.04 Cr, resulting in a trade deficit of ₹12.80 Crore — ranking #9243 of 12657 by surplus magnitude. ### Import growth of 229.68% CAGR signals rising demand for Nitro/Nitroso Derivatives – Meta Nitrotoluene India's imports under HSN Code 29042030 have grown at 229.68% CAGR, reaching ₹12.84 Crore in FY 2024-25. ### HSN Code 29042030 contributes 0.00% of Sub-Chapter 2904 exports — ranked #17 Among the 36 HSN codes under Sub-Chapter 2904, HSN Code 29042030 ranks #17 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.24% share (rank #8). ## 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 | | #17 | HSN Code 29042030: Nitro/Nitroso Derivatives – Meta Nitrotoluene (this hsn code) | < ₹1 Crore |