HSN Code 29061310: Cholesterol

HSN Code 29061310 represents Cholesterol under GST classification. This code helps businesses identify Cholesterol correctly for billing, taxation, and trade. With HSN Code 29061310, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cholesterol.

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Description of Goods for HSN Code 29061310

HSN Code 29061310 relates to the following description.

Description of Goods

Cyclanic, cyclenic or cycloterpenic : Sterols and inositols : Cholesterol

Chapter

29 - Organic chemicals

Sub Chapter

2906 - Cyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29061310 not include?

Cholesterol does not include products with the following descriptions.

HSN Code 29061200

Cyclanic, cyclenic or cycloterpenic : Cyclohexanol, methylcyclohexanols and dimethylcyclohexanols

HSN Code 29061400

Cyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives - cyclanic, cyclenic or cycloterpenic : terpineols

India’s Trade Performance — HSN Code 29061310 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

₹16 Cr

−10.55% vs FY 2023-24

0.0004% of India’s total exports

India’s Imports

FY 2024-25

₹41 Cr

+333.89% vs FY 2023-24

0.0007% of India’s total imports

Trade Balance

FY 2024-25

−₹26 Cr

Trade Deficit

Surplus rank #9728 of 12657 HSN codes

% of Sub-Chapter 2906

FY 2024-25

0.61%

Share of Sub-Chapter 2906’s total exports in FY 2024-25

Import side: 1.66% of Sub-Chapter 2906’s imports

Rank Within Sub-Chapter 2906

FY 2024-25

#6 of 11

Position by export value among HSN codes in Sub-Chapter 2906

Import-side rank: #3 of 11

At a glance

48.03%

Export CAGR

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

#5196

National Export Rank

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

+872.22%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.61%

Contribution to Sub-Ch. 2906

Share of Sub-Chapter 2906 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 29061310

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 #7249

Balance

−89.95

Exports

1.49 ₹ Cr

0.0001% share

— YoY

0.04% of Sub-Ch. 2906

Imports

91.44 ₹ Cr

0.0026% share

— YoY

13.08% of Sub-Ch. 2906

FY 2019-20 Exp. Rank #5987

Balance

−75.27

Exports

4.50 ₹ Cr

0.0002% share

+202.01% YoY

0.13% of Sub-Ch. 2906

Imports

79.77 ₹ Cr

0.0024% share

−12.76% YoY

8.83% of Sub-Ch. 2906

FY 2020-21 Exp. Rank #3121

Balance

+3.28

Exports

43.75 ₹ Cr

0.0020% share

+872.22% YoY

1.33% of Sub-Ch. 2906

Imports

40.47 ₹ Cr

0.0014% share

−49.27% YoY

3.70% of Sub-Ch. 2906

FY 2021-22 Exp. Rank #2783

Balance

+23.40

Exports

75.13 ₹ Cr

0.0024% share

+71.73% YoY

2.20% of Sub-Ch. 2906

Imports

51.73 ₹ Cr

0.0011% share

+27.82% YoY

4.48% of Sub-Ch. 2906

FY 2022-23 Exp. Rank #3484

Balance

+18.49

Exports

49.54 ₹ Cr

0.0014% share

−34.06% YoY

1.86% of Sub-Ch. 2906

Imports

31.05 ₹ Cr

0.0005% share

−39.98% YoY

2.24% of Sub-Ch. 2906

FY 2023-24 Exp. Rank #4946

Balance

+7.97

Exports

17.53 ₹ Cr

0.0005% share

−64.61% YoY

0.69% of Sub-Ch. 2906

Imports

9.56 ₹ Cr

0.0002% share

−69.21% YoY

0.51% of Sub-Ch. 2906

FY 2024-25 Exp. Rank #5196

Balance

−25.80

Exports

15.68 ₹ Cr

0.0004% share

−10.55% YoY

0.61% of Sub-Ch. 2906

Imports

41.48 ₹ Cr

0.0007% share

+333.89% YoY

1.66% of Sub-Ch. 2906

CAGR · 7-Year

Exports

48.03% /yr

Imports

−12.34% /yr

Consistently Deficit
Sub-Chapter 2906 total

reference, FY 2024-25

Export

₹2,574.03 Cr

Import

₹2,503.79 Cr

Trade Balance

+70.24

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

Key Trade Insights: HSN Code 29061310 Export-Import Analysis

Consistent Export Growth: 48.03% CAGR Over 7 Years

India's exports under HSN Code 29061310 have grown at a compound annual rate of 48.03% over 7 fiscal years, rising from ₹1.49 Crore in FY 2018-19 to ₹15.68 Crore in FY 2024-25.

HSN Code 29061310 Ranked #5196 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29061310 ranks #5196 out of 12657 HSN codes by total export value. Within Sub-Chapter 2906, it ranks #6 of 11. By trade surplus, it ranks #9728 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 29061310 Exports

The strongest single-year export movement for HSN Code 29061310 was recorded in FY 2020-21, when exports surged by 872.22% over the prior year.

India Records a Trade Deficit of ₹25.80 Crore in HSN Code 29061310 Goods

In FY 2024-25, India's imports of ₹41.48 Cr exceeded exports of ₹15.68 Cr, resulting in a trade deficit of ₹25.80 Crore — ranking #9728 of 12657 by surplus magnitude.

Import Growth of −12.34% CAGR Signals Stable Import Dependency for Cholesterol

India's imports under HSN Code 29061310 have grown at −12.34% CAGR, reaching ₹41.48 Crore in FY 2024-25.

HSN Code 29061310 Contributes 0.61% of Sub-Chapter 2906 Exports — Ranked #6

Among the 11 HSN codes under Sub-Chapter 2906, HSN Code 29061310 ranks #6 by export value — accounting for 0.61% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.66% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29061310 and GST compliance.

What products are classified under HSN 29061310 ?

It includes Cholesterol

Any common misclassification issue with Cholesterol?

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 Cholesterol?

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.

Can we claim ITC on inputs used to trade Cholesterol?

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 Cholesterol is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Cholesterol; Nil for exempt items if applicable).

How much GST applies to Cholesterol?

Under HSN 29061310, Cholesterol attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.