HSN Code 29042040: Nitro/Nitroso Derivatives – Ortho Nitrotoluene

HSN Code 29042040 represents Nitro/Nitroso Derivatives – Ortho Nitrotoluene under GST classification. This code helps businesses identify Nitro/Nitroso Derivatives – Ortho Nitrotoluene correctly for billing, taxation, and trade. With HSN Code 29042040, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Nitro/Nitroso Derivatives – Ortho Nitrotoluene.

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Description of Goods for HSN Code 29042040

HSN Code 29042040 relates to the following description.

Description of Goods

Derivatives containing only nitro or only nitroso groups : Ortho nitrotoluene

Chapter

29 - Organic chemicals

Sub Chapter

2904 - Sulphonated, nitrated or nitrosated derivatives of hydrocarbons, whether or not halogenated

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29042040 not include?

Nitro/Nitroso Derivatives – Ortho Nitrotoluene does not include products with the following descriptions.

HSN Code 29041010

Derivatives containing only sulpho groups, their salts and ethyl esters : Benzene sulphonic acid

HSN Code 29041020

Derivatives containing only sulpho groups, their salts and ethyl esters : 1,5 Napthelene disulphonic acid (Armstrong’s acid)

HSN Code 29041030

Derivatives containing only sulpho groups, their salts and ethyl esters : Napthelene sulphonic acid

HSN Code 29041040

Sulphonated, nitrated or nitrosated derivatives of hydrocarbons, whether or not halogenated - derivatives containing only sulpho groups, their salts and ethyl esters : vinyl sulphone

HSN Code 29041090

Derivatives containing only sulpho groups, their salts and ethyl esters : Other

HSN Code 29042020

Derivatives containing only nitro or only nitroso groups : Meta dinitrobenzene

HSN Code 29042030

Derivatives containing only nitro or only nitroso groups : Meta nitrotoluene

HSN Code 29042050

Derivatives containing only nitro or only nitroso groups : Para nitrotoluene

HSN Code 29043100

Perfluorooctane sulphonic acid, its salts and perfluorooctane sulphonyl fluoride: Perfluorooctane sulphonic acid

HSN Code 29043200

Perfluorooctane sulphonic acid, its salts and perfluorooctane sulphonyl fluoride: Ammonium perfluorooctane sulphonate

HSN Code 29043300

Perfluorooctane sulphonic acid, its salts and perfluorooctane sulphonyl fluoride: Lithium perfluorooctane sulphonate

HSN Code 29043400

Perfluorooctane sulphonic acid, its salts and perfluorooctane sulphonyl fluoride: Potassium perfluorooctane sulphonate

HSN Code 29043500

Perfluorooctane sulphonic acid, its salts and perfluorooctane sulphonyl fluoride: Other salts of perfluorooctane sulphonic acid

HSN Code 29043600

Perfluorooctane sulphonic acid, its salts and perfluorooctane sulphonyl fluoride: Perfluorooctane sulphonyl fluoride

HSN Code 29049010

Sulphonated, nitrated or nitrosated derivatives of hydrocarbons, whether or not halogenated - other : 2,5 dichloro nitrobenzene

HSN Code 29049020

Sulphonated, nitrated or nitrosated derivatives of hydrocarbons, whether or not halogenated - other : dinitrochlorobenzene

HSN Code 29049030

Sulphonated, nitrated or nitrosated derivatives of hydrocarbons, whether or not halogenated - other : meta nitrochlorobenzene

HSN Code 29049040

Sulphonated, nitrated or nitrosated derivatives of hydrocarbons, whether or not halogenated - other : ortho nitrochlorobenzene

HSN Code 29049050

Sulphonated, nitrated or nitrosated derivatives of hydrocarbons, whether or not halogenated - other : para nitrochlorobenzene

HSN Code 29049060

Sulphonated, nitrated or nitrosated derivatives of hydrocarbons, whether or not halogenated - other : 2-nitrochlorotoluene

HSN Code 29049070

Sulphonated, nitrated or nitrosated derivatives of hydrocarbons, whether or not halogenated - other : sodium meta nitrobenzene sulphonate

HSN Code 29049090

Sulphonated, nitrated or nitrosated derivatives of hydrocarbons, whether or not halogenated - other : other

India’s Trade Performance — HSN Code 29042040 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹53 Cr

+45.93% vs FY 2023-24

0.0014% of India’s total exports

India’s Imports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹53 Cr

Trade Surplus

Surplus rank #2101 of 12657 HSN codes

% of Sub-Chapter 2904

FY 2024-25

6.24%

Share of Sub-Chapter 2904’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 2904’s imports

Rank Within Sub-Chapter 2904

FY 2024-25

#4 of 36

Position by export value among HSN codes in Sub-Chapter 2904

At a glance

3.97%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#3542

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+120.98%

Peak Growth Year

FY 2021-22 · strongest single-year move

6.24%

Contribution to Sub-Ch. 2904

Share of Sub-Chapter 2904 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 29042040

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #3140

Balance

+41.44

Exports

42.01 ₹ Cr

0.0018% share

— YoY

3.04% of Sub-Ch. 2904

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.07% of Sub-Ch. 2904

FY 2019-20 Exp. Rank #2433

Balance

+71.12

Exports

71.12 ₹ Cr

0.0032% share

+69.29% YoY

7.58% of Sub-Ch. 2904

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2904

FY 2020-21 Exp. Rank #3512

Balance

+33.18

Exports

33.18 ₹ Cr

0.0015% share

−53.35% YoY

5.23% of Sub-Ch. 2904

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2904

FY 2021-22 Exp. Rank #2820

Balance

+73.32

Exports

73.32 ₹ Cr

0.0023% share

+120.98% YoY

8.06% of Sub-Ch. 2904

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2904

FY 2022-23 Exp. Rank #2772

Balance

+84.63

Exports

84.63 ₹ Cr

0.0023% share

+15.43% YoY

9.73% of Sub-Ch. 2904

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2904

FY 2023-24 Exp. Rank #3981

Balance

+36.36

Exports

36.36 ₹ Cr

0.0010% share

−57.04% YoY

4.64% of Sub-Ch. 2904

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2904

FY 2024-25 Exp. Rank #3542

Balance

+53.06

Exports

53.06 ₹ Cr

0.0014% share

+45.93% YoY

6.24% of Sub-Ch. 2904

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2904

CAGR · 7-Year

Exports

3.97% /yr

Imports

—

Consistently Surplus
Sub-Chapter 2904 total

reference, FY 2024-25

Export

₹850.53 Cr

Import

₹1,031.61 Cr

Trade Balance

−181.08

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 29042040 Export-Import Analysis

Consistent Export Growth: 3.97% CAGR Over 7 Years

India's exports under HSN Code 29042040 have grown at a compound annual rate of 3.97% over 7 fiscal years, rising from ₹42.01 Crore in FY 2018-19 to ₹53.06 Crore in FY 2024-25.

HSN Code 29042040 Ranked #3542 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29042040 ranks #3542 out of 12657 HSN codes by total export value. Within Sub-Chapter 2904, it ranks #4 of 36. By trade surplus, it ranks #2101 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 29042040 Exports

The strongest single-year export movement for HSN Code 29042040 was recorded in FY 2021-22, when exports surged by 120.98% over the prior year.

India Maintains a Trade Surplus of ₹53.06 Crore in HSN Code 29042040 Goods

In FY 2024-25, India's exports of ₹53.06 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹53.06 Crore — ranking #2101 of 12657 by surplus magnitude.

HSN Code 29042040 Contributes 6.24% of Sub-Chapter 2904 Exports — Ranked #4

Among the 36 HSN codes under Sub-Chapter 2904, HSN Code 29042040 ranks #4 by export value — accounting for 6.24% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29042040 and GST compliance.

What products are classified under HSN 29042040 ?

It includes Nitro/Nitroso Derivatives – Ortho Nitrotoluene

Any common misclassification issue with Nitro/Nitroso Derivatives – Ortho Nitrotoluene?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Do e‑way bill and e‑invoice apply for Nitro/Nitroso Derivatives – Ortho 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.

Does packaging or labelling change the GST for Nitro/Nitroso Derivatives – Ortho 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.

Can we claim ITC on inputs used to trade Nitro/Nitroso Derivatives – Ortho Nitrotoluene?

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 – Ortho 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 – Ortho Nitrotoluene; Nil for exempt items if applicable).

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.