--- title: "HSN Code for Choline & Salts | HSN 29231000 GST Rate" description: "Find HSN and GST Rates for 29231000 related to Choline & Salts with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29231000/" --- # HSN Code 29231000: Choline & Salts - [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 2923: Quaternary ammonium compounds](https://busy.in/hsn/sub-chapter-2923/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Choline and its salts | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29231000 ? It includes Choline & Salts ### How much GST applies to Choline & Salts? Under HSN 29231000, Choline & Salts attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Choline & Salts? 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. ### Do e‑way bill and e‑invoice apply for Choline & Salts? 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. ### Any common misclassification issue with Choline & Salts? 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 Choline & Salts? 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 Choline & Salts is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Choline & Salts; Nil for exempt items if applicable). ## India's trade performance: HSN Code 29231000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹99 Cr (−9.81% YoY) — 0.0027% of India's total exports - Imports: ₹25 Cr (+94.28% YoY) — 0.0004% of India's total imports - Trade balance: ₹74 Cr (Surplus); surplus rank #1831 of 12657 HSN codes - Share of Sub-Chapter 2923: 6.80% of its exports; import side 4.09% - Rank within Sub-Chapter 2923: #3 of 6 by export value; import-side #4 ### Key metrics - Export CAGR: 7.57% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2670 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +113.16% in FY 2022-23 - Contribution to Sub-Ch. 2923: 6.80% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29231000 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. 2923 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2923 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 64.09 | 0.0028% | — | 7.13% | 5.33 | 0.0001% | — | 1.38% | +58.76 | #2540 | | FY 2019-20 | 50.10 | 0.0023% | −21.83% | 5.19% | 4.22 | 0.0001% | −20.83% | 1.14% | +45.88 | #2869 | | FY 2020-21 | 49.43 | 0.0023% | −1.34% | 4.84% | 4.94 | 0.0002% | +17.06% | 1.04% | +44.49 | #2948 | | FY 2021-22 | 59.96 | 0.0019% | +21.30% | 4.46% | 6.83 | 0.0001% | +38.26% | 1.06% | +53.13 | #3122 | | FY 2022-23 | 127.81 | 0.0035% | +113.16% | 4.99% | 8.82 | 0.0002% | +29.14% | 0.77% | +118.99 | #2231 | | FY 2023-24 | 110.08 | 0.0030% | −13.87% | 5.73% | 12.76 | 0.0002% | +44.67% | 1.60% | +97.32 | #2454 | | FY 2024-25 | 99.28 | 0.0027% | −9.81% | 6.80% | 24.79 | 0.0004% | +94.28% | 4.09% | +74.49 | #2670 | - CAGR (7-year): exports 7.57%/yr, imports 29.20%/yr (consistently Surplus) ## Key trade insights: HSN Code 29231000 export-import analysis ### Consistent export growth: 7.57% CAGR over 7 years India's exports under HSN Code 29231000 have grown at a compound annual rate of 7.57% over 7 fiscal years, rising from ₹64.09 Crore in FY 2018-19 to ₹99.28 Crore in FY 2024-25. ### HSN Code 29231000 ranked #2670 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29231000 ranks #2670 out of 12657 HSN codes by total export value. Within Sub-Chapter 2923, it ranks #3 of 6. By trade surplus, it ranks #1831 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 29231000 exports The strongest single-year export movement for HSN Code 29231000 was recorded in FY 2022-23, when exports surged by 113.16% over the prior year. ### India maintains a trade surplus of ₹74.49 Crore in HSN Code 29231000 goods In FY 2024-25, India's exports of ₹99.28 Cr exceeded imports of ₹24.79 Cr, resulting in a trade surplus of ₹74.49 Crore — ranking #1831 of 12657 by surplus magnitude. ### Import growth of 29.20% CAGR signals rising demand for Choline & Salts India's imports under HSN Code 29231000 have grown at 29.20% CAGR, reaching ₹24.79 Crore in FY 2024-25. ### HSN Code 29231000 contributes 6.80% of Sub-Chapter 2923 exports — ranked #3 Among the 6 HSN codes under Sub-Chapter 2923, HSN Code 29231000 ranks #3 by export value — accounting for 6.80% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.09% share (rank #4). ## Related HSN Codes in Sub-Chapter 2923 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 29232010: Lecithins](https://busy.in/hsn/hsn-29232010/) | ₹888 Cr | | #2 | [HSN Code 29239000: Lecithins and Other Phosphoaminolipids](https://busy.in/hsn/hsn-29239000/) | ₹417 Cr | | #3 | HSN Code 29231000: Choline & Salts (this hsn code) | ₹99 Cr | | #4 | [HSN Code 29232090: Lecithins and other phosphoaminolipids : Other](https://busy.in/hsn/hsn-29232090/) | ₹55 Cr | | #5 | [HSN Code 29233000: Tetraethylammonium perfluorooctane sulphonate](https://busy.in/hsn/hsn-29233000/) | < ₹1 Crore | | — | [HSN Code 29234000: Didecyldimethylammonium sulphonate](https://busy.in/hsn/hsn-29234000/) | Nil |