--- title: "HSN Code for Lecithins and other phosphoaminolipids : Other | HSN 29232090 GST Rate" description: "Find HSN and GST Rates for 29232090 related to Lecithins and other phosphoaminolipids : Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29232090/" --- # HSN Code 29232090: Lecithins and other phosphoaminolipids : Other - [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 | | --- | --- | --- | --- | --- | | Lecithins and other phosphoaminolipids : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29232090 ? It includes Lecithins and other phosphoaminolipids : Other ### Can we claim ITC on inputs used to trade Lecithins and other phosphoaminolipids : Other? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Does packaging or labelling change the GST for Lecithins and other phosphoaminolipids : Other? 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 Lecithins and other phosphoaminolipids : Other? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How should mixed supplies be billed when Lecithins and other phosphoaminolipids : Other is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Lecithins and other phosphoaminolipids : Other; Nil for exempt items if applicable). ### How much GST applies to Lecithins and other phosphoaminolipids : Other? Under HSN 29232090, Lecithins and other phosphoaminolipids : Other attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Lecithins and other phosphoaminolipids : Other? 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. ## India's trade performance: HSN Code 29232090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹55 Cr (+229.92% YoY) — 0.0015% of India's total exports - Imports: ₹136 Cr (+33.61% YoY) — 0.0022% of India's total imports - Trade balance: −₹81 Cr (Deficit); surplus rank #10629 of 12657 HSN codes - Share of Sub-Chapter 2923: 3.78% of its exports; import side 22.42% - Rank within Sub-Chapter 2923: #4 of 6 by export value; import-side #3 ### Key metrics - Export CAGR: -3.57% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3492 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +229.92% in FY 2024-25 - Contribution to Sub-Ch. 2923: 3.78% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29232090 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 | 68.58 | 0.0030% | — | 7.63% | 62.62 | 0.0017% | — | 16.22% | +5.96 | #2449 | | FY 2019-20 | 65.73 | 0.0030% | −4.16% | 6.81% | 58.73 | 0.0018% | −6.21% | 15.86% | +7.00 | #2524 | | FY 2020-21 | 10.77 | 0.0005% | −83.61% | 1.05% | 58.56 | 0.0020% | −0.29% | 12.36% | −47.79 | #4969 | | FY 2021-22 | 13.03 | 0.0004% | +20.98% | 0.97% | 84.94 | 0.0019% | +45.05% | 13.22% | −71.91 | #5140 | | FY 2022-23 | 31.29 | 0.0009% | +140.14% | 1.22% | 114.96 | 0.0020% | +35.34% | 10.10% | −83.67 | #4109 | | FY 2023-24 | 16.71 | 0.0005% | −46.60% | 0.87% | 101.72 | 0.0018% | −11.52% | 12.73% | −85.01 | #5016 | | FY 2024-25 | 55.13 | 0.0015% | +229.92% | 3.78% | 135.91 | 0.0022% | +33.61% | 22.42% | −80.78 | #3492 | - CAGR (7-year): exports -3.57%/yr, imports 13.79%/yr (consistently Deficit) ## Key trade insights: HSN Code 29232090 export-import analysis ### Export decline: -3.57% CAGR over 7 years India's exports under HSN Code 29232090 have declined at a compound annual rate of -3.57% over 7 fiscal years, falling from ₹68.58 Crore in FY 2018-19 to ₹55.13 Crore in FY 2024-25. ### HSN Code 29232090 ranked #3492 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29232090 ranks #3492 out of 12657 HSN codes by total export value. Within Sub-Chapter 2923, it ranks #4 of 6. By trade surplus, it ranks #10629 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 29232090 exports The strongest single-year export movement for HSN Code 29232090 was recorded in FY 2024-25, when exports surged by 229.92% over the prior year. ### India records a trade deficit of ₹80.78 Crore in HSN Code 29232090 goods In FY 2024-25, India's imports of ₹135.91 Cr exceeded exports of ₹55.13 Cr, resulting in a trade deficit of ₹80.78 Crore — ranking #10629 of 12657 by surplus magnitude. ### Import growth of 13.79% CAGR signals rising demand for Lecithins and other phosphoaminolipids : Other India's imports under HSN Code 29232090 have grown at 13.79% CAGR, reaching ₹135.91 Crore in FY 2024-25. ### HSN Code 29232090 contributes 3.78% of Sub-Chapter 2923 exports — ranked #4 Among the 6 HSN codes under Sub-Chapter 2923, HSN Code 29232090 ranks #4 by export value — accounting for 3.78% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 22.42% share (rank #3). ## 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](https://busy.in/hsn/hsn-29231000/) | ₹99 Cr | | #4 | HSN Code 29232090: Lecithins and other phosphoaminolipids : Other (this hsn code) | ₹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 |