--- title: "HSN Code for Nitro/Nitroso Derivatives – Ortho Nitrotoluene | HSN 29042040 GST Rate" description: "Find HSN and GST Rates for 29042040 related to Nitro/Nitroso Derivatives – Ortho Nitrotoluene with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29042040/" --- # HSN Code 29042040: Nitro/Nitroso Derivatives – Ortho 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 : Ortho nitrotoluene | 9% | 9% | 18% | 0% | ## Frequently asked questions ### 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). ## India's trade performance: HSN Code 29042040 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹53 Cr (+45.93% YoY) — 0.0014% of India's total exports - Imports: Nil — 0.0000% of India's total imports - Trade balance: ₹53 Cr (Surplus); surplus rank #2101 of 12657 HSN codes - Share of Sub-Chapter 2904: 6.24% of its exports; import side 0.00% - Rank within Sub-Chapter 2904: #4 of 36 by export value ### Key metrics - Export CAGR: 3.97% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3542 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +120.98% in FY 2021-22 - Contribution to Sub-Ch. 2904: 6.24% of its exports (FY 2024-25) ## India export-import trade statistics: 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 | 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 | 42.01 | 0.0018% | — | 3.04% | < ₹1 Crore | 0.0000% | — | 0.07% | +41.44 | #3140 | | FY 2019-20 | 71.12 | 0.0032% | +69.29% | 7.58% | Nil | 0.0000% | −100.00% | 0.00% | +71.12 | #2433 | | FY 2020-21 | 33.18 | 0.0015% | −53.35% | 5.23% | Nil | 0.0000% | — | 0.00% | +33.18 | #3512 | | FY 2021-22 | 73.32 | 0.0023% | +120.98% | 8.06% | Nil | 0.0000% | — | 0.00% | +73.32 | #2820 | | FY 2022-23 | 84.63 | 0.0023% | +15.43% | 9.73% | Nil | 0.0000% | — | 0.00% | +84.63 | #2772 | | FY 2023-24 | 36.36 | 0.0010% | −57.04% | 4.64% | Nil | 0.0000% | — | 0.00% | +36.36 | #3981 | | FY 2024-25 | 53.06 | 0.0014% | +45.93% | 6.24% | Nil | 0.0000% | — | 0.00% | +53.06 | #3542 | - CAGR (7-year): exports 3.97%/yr, imports —/yr (consistently Surplus) ## 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. ## 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 (this hsn code) | ₹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 |