--- title: "HSN Code for Nitro derivatives | HSN 29042090 GST Rate" description: "Find HSN and GST Rates for 29042090 related to Nitro derivatives with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29042090/" --- # HSN Code 29042090: Nitro derivatives - [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 : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29042090 ? It includes Nitro derivatives ### How much GST applies to Nitro derivatives? Under HSN 29042090, Nitro derivatives attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Nitro derivatives is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Nitro derivatives; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Nitro derivatives? 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 derivatives? 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 derivatives? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Nitro derivatives? 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 29042090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹146 Cr (+113.13% YoY) — 0.0040% of India's total exports - Imports: ₹174 Cr (+38.45% YoY) — 0.0029% of India's total imports - Trade balance: −₹28 Cr (Deficit); surplus rank #9794 of 12657 HSN codes - Share of Sub-Chapter 2904: 17.20% of its exports; import side 16.88% - Rank within Sub-Chapter 2904: #3 of 36 by export value; import-side #3 ### Key metrics - Export CAGR: 16.13% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2186 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +113.13% in FY 2024-25 - Contribution to Sub-Ch. 2904: 17.20% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29042090 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 | 59.62 | 0.0026% | — | 4.31% | 95.67 | 0.0027% | — | 12.05% | −36.05 | #2627 | | FY 2019-20 | 80.94 | 0.0037% | +35.76% | 8.62% | 72.83 | 0.0022% | −23.87% | 9.17% | +8.11 | #2264 | | FY 2020-21 | 70.18 | 0.0033% | −13.29% | 11.07% | 85.36 | 0.0029% | +17.20% | 9.77% | −15.18 | #2467 | | FY 2021-22 | 90.45 | 0.0029% | +28.88% | 9.94% | 93.13 | 0.0020% | +9.10% | 7.96% | −2.68 | #2560 | | FY 2022-23 | 81.40 | 0.0022% | −10.01% | 9.36% | 145.60 | 0.0025% | +56.34% | 11.29% | −64.20 | #2824 | | FY 2023-24 | 68.62 | 0.0019% | −15.70% | 8.76% | 125.78 | 0.0022% | −13.61% | 11.84% | −57.16 | #3104 | | FY 2024-25 | 146.25 | 0.0040% | +113.13% | 17.20% | 174.14 | 0.0029% | +38.45% | 16.88% | −27.89 | #2186 | - CAGR (7-year): exports 16.13%/yr, imports 10.50%/yr (consistently Deficit) ## Key trade insights: HSN Code 29042090 export-import analysis ### Consistent export growth: 16.13% CAGR over 7 years India's exports under HSN Code 29042090 have grown at a compound annual rate of 16.13% over 7 fiscal years, rising from ₹59.62 Crore in FY 2018-19 to ₹146.25 Crore in FY 2024-25. ### HSN Code 29042090 ranked #2186 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29042090 ranks #2186 out of 12657 HSN codes by total export value. Within Sub-Chapter 2904, it ranks #3 of 36. By trade surplus, it ranks #9794 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 29042090 exports The strongest single-year export movement for HSN Code 29042090 was recorded in FY 2024-25, when exports surged by 113.13% over the prior year. ### India records a trade deficit of ₹27.89 Crore in HSN Code 29042090 goods In FY 2024-25, India's imports of ₹174.14 Cr exceeded exports of ₹146.25 Cr, resulting in a trade deficit of ₹27.89 Crore — ranking #9794 of 12657 by surplus magnitude. ### Import growth of 10.50% CAGR signals rising demand for Nitro derivatives India's imports under HSN Code 29042090 have grown at 10.50% CAGR, reaching ₹174.14 Crore in FY 2024-25. ### HSN Code 29042090 contributes 17.20% of Sub-Chapter 2904 exports — ranked #3 Among the 36 HSN codes under Sub-Chapter 2904, HSN Code 29042090 ranks #3 by export value — accounting for 17.20% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 16.88% share (rank #3). ## 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 (this hsn code) | ₹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 |