HSN Code 29042050: Nitro/Nitroso Derivatives – Para Nitrotoluene

HSN Code 29042050 represents Nitro/Nitroso Derivatives – Para Nitrotoluene under GST classification. This code helps businesses identify Nitro/Nitroso Derivatives – Para Nitrotoluene correctly for billing, taxation, and trade. With HSN Code 29042050, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Nitro/Nitroso Derivatives – Para Nitrotoluene.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 29042050

HSN Code 29042050 relates to the following description.

Description of Goods

Derivatives containing only nitro or only nitroso groups : Para 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 29042050 not include?

Nitro/Nitroso Derivatives – Para 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 29042040

Derivatives containing only nitro or only nitroso groups : Ortho 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 29042050 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

₹3 Cr

−65.28% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹33 Cr

−8.02% vs FY 2023-24

0.0005% of India’s total imports

Trade Balance

FY 2024-25

−₹30 Cr

Trade Deficit

Surplus rank #9837 of 12657 HSN codes

% of Sub-Chapter 2904

FY 2024-25

0.29%

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

Import side: 3.16% of Sub-Chapter 2904’s imports

Rank Within Sub-Chapter 2904

FY 2024-25

#13 of 36

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

Import-side rank: #6 of 36

At a glance

−17.02%

Export CAGR

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

#7392

National Export Rank

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

+2,471.43%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.29%

Contribution to Sub-Ch. 2904

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

India Export-Import Trade Statistics for HSN Code 29042050

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 #5334

Balance

−45.33

Exports

7.66 ₹ Cr

0.0003% share

— YoY

0.55% of Sub-Ch. 2904

Imports

52.99 ₹ Cr

0.0015% share

— YoY

6.67% of Sub-Ch. 2904

FY 2019-20 Exp. Rank #6799

Balance

−96.59

Exports

2.27 ₹ Cr

0.0001% share

−70.37% YoY

0.24% of Sub-Ch. 2904

Imports

98.86 ₹ Cr

0.0030% share

+86.56% YoY

12.45% of Sub-Ch. 2904

FY 2020-21 Exp. Rank #5025

Balance

−67.56

Exports

10.38 ₹ Cr

0.0005% share

+357.27% YoY

1.64% of Sub-Ch. 2904

Imports

77.94 ₹ Cr

0.0027% share

−21.16% YoY

8.92% of Sub-Ch. 2904

FY 2021-22 Exp. Rank #6945

Balance

−92.31

Exports

2.85 ₹ Cr

0.0001% share

−72.54% YoY

0.31% of Sub-Ch. 2904

Imports

95.16 ₹ Cr

0.0021% share

+22.09% YoY

8.13% of Sub-Ch. 2904

FY 2022-23 Exp. Rank #9085

Balance

−88.37

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−90.18% YoY

0.03% of Sub-Ch. 2904

Imports

88.65 ₹ Cr

0.0015% share

−6.84% YoY

6.87% of Sub-Ch. 2904

FY 2023-24 Exp. Rank #6123

Balance

−28.23

Exports

7.20 ₹ Cr

0.0002% share

+2,471.43% YoY

0.92% of Sub-Ch. 2904

Imports

35.43 ₹ Cr

0.0006% share

−60.03% YoY

3.33% of Sub-Ch. 2904

FY 2024-25 Exp. Rank #7392

Balance

−30.09

Exports

2.50 ₹ Cr

0.0001% share

−65.28% YoY

0.29% of Sub-Ch. 2904

Imports

32.59 ₹ Cr

0.0005% share

−8.02% YoY

3.16% of Sub-Ch. 2904

CAGR · 7-Year

Exports

−17.02% /yr

Imports

−7.78% /yr

Consistently Deficit
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 29042050 Export-Import Analysis

Export Decline: −17.02% CAGR Over 7 Years

India's exports under HSN Code 29042050 have declined at a compound annual rate of −17.02% over 7 fiscal years, falling from ₹7.66 Crore in FY 2018-19 to ₹2.50 Crore in FY 2024-25.

HSN Code 29042050 Ranked #7392 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29042050 ranks #7392 out of 12657 HSN codes by total export value. Within Sub-Chapter 2904, it ranks #13 of 36. By trade surplus, it ranks #9837 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 29042050 Exports

The strongest single-year export movement for HSN Code 29042050 was recorded in FY 2023-24, when exports surged by 2,471.43% over the prior year.

India Records a Trade Deficit of ₹30.09 Crore in HSN Code 29042050 Goods

In FY 2024-25, India's imports of ₹32.59 Cr exceeded exports of ₹2.50 Cr, resulting in a trade deficit of ₹30.09 Crore — ranking #9837 of 12657 by surplus magnitude.

Import Growth of −7.78% CAGR Signals Stable Import Dependency for Nitro/Nitroso Derivatives – Para Nitrotoluene

India's imports under HSN Code 29042050 have grown at −7.78% CAGR, reaching ₹32.59 Crore in FY 2024-25.

HSN Code 29042050 Contributes 0.29% of Sub-Chapter 2904 Exports — Ranked #13

Among the 36 HSN codes under Sub-Chapter 2904, HSN Code 29042050 ranks #13 by export value — accounting for 0.29% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.16% share (rank #6).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 29042050 and GST compliance.

What products are classified under HSN 29042050 ?

It includes Nitro/Nitroso Derivatives – Para Nitrotoluene

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

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

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

How much GST applies to Nitro/Nitroso Derivatives – Para Nitrotoluene?

Under HSN 29042050, Nitro/Nitroso Derivatives – Para Nitrotoluene attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Nitro/Nitroso Derivatives – Para 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 – Para Nitrotoluene; Nil for exempt items if applicable).

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

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 Nitro/Nitroso Derivatives – Para 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.

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.