--- title: "HSN Code for Lecithins and Other Phosphoaminolipids | HSN 29239000 GST Rate" description: "Find HSN and GST Rates for 29239000 related to Lecithins and Other Phosphoaminolipids with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29239000/" --- # HSN Code 29239000: Lecithins and Other Phosphoaminolipids - [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 29239000 ? It includes Lecithins and Other Phosphoaminolipids ### Can we claim ITC on inputs used to trade Lecithins and Other Phosphoaminolipids? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Any common misclassification issue with Lecithins and Other Phosphoaminolipids? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Does packaging or labelling change the GST for Lecithins and Other Phosphoaminolipids? 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 Lecithins and Other Phosphoaminolipids? 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. ### How should mixed supplies be billed when Lecithins and Other Phosphoaminolipids 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; Nil for exempt items if applicable). ## India's trade performance: HSN Code 29239000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹417 Cr (−10.35% YoY) — 0.0113% of India's total exports - Imports: ₹236 Cr (−5.29% YoY) — 0.0039% of India's total imports - Trade balance: ₹181 Cr (Surplus); surplus rank #1212 of 12657 HSN codes - Share of Sub-Chapter 2923: 28.57% of its exports; import side 38.91% - Rank within Sub-Chapter 2923: #2 of 6 by export value; import-side #1 ### Key metrics - Export CAGR: 5.01% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1154 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +26.48% in FY 2021-22 - Contribution to Sub-Ch. 2923: 28.57% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29239000 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 | 311.00 | 0.0136% | — | 34.59% | 158.86 | 0.0044% | — | 41.14% | +152.14 | #963 | | FY 2019-20 | 356.57 | 0.0162% | +14.65% | 36.94% | 158.21 | 0.0047% | −0.41% | 42.73% | +198.36 | #862 | | FY 2020-21 | 426.11 | 0.0198% | +19.50% | 41.73% | 188.94 | 0.0065% | +19.42% | 39.89% | +237.17 | #790 | | FY 2021-22 | 538.96 | 0.0172% | +26.48% | 40.08% | 248.74 | 0.0054% | +31.65% | 38.72% | +290.22 | #807 | | FY 2022-23 | 458.15 | 0.0127% | −14.99% | 17.89% | 360.60 | 0.0063% | +44.97% | 31.67% | +97.55 | #991 | | FY 2023-24 | 465.14 | 0.0129% | +1.53% | 24.23% | 249.12 | 0.0044% | −30.92% | 31.19% | +216.02 | #1021 | | FY 2024-25 | 417.01 | 0.0113% | −10.35% | 28.57% | 235.94 | 0.0039% | −5.29% | 38.91% | +181.07 | #1154 | - CAGR (7-year): exports 5.01%/yr, imports 6.81%/yr (consistently Surplus) ## Key trade insights: HSN Code 29239000 export-import analysis ### Consistent export growth: 5.01% CAGR over 7 years India's exports under HSN Code 29239000 have grown at a compound annual rate of 5.01% over 7 fiscal years, rising from ₹311.00 Crore in FY 2018-19 to ₹417.01 Crore in FY 2024-25. ### HSN Code 29239000 ranked #1154 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29239000 ranks #1154 out of 12657 HSN codes by total export value. Within Sub-Chapter 2923, it ranks #2 of 6. By trade surplus, it ranks #1212 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 29239000 exports The strongest single-year export movement for HSN Code 29239000 was recorded in FY 2021-22, when exports surged by 26.48% over the prior year. ### India maintains a trade surplus of ₹181.07 Crore in HSN Code 29239000 goods In FY 2024-25, India's exports of ₹417.01 Cr exceeded imports of ₹235.94 Cr, resulting in a trade surplus of ₹181.07 Crore — ranking #1212 of 12657 by surplus magnitude. ### Import growth of 6.81% CAGR signals stable import dependency for Lecithins and Other Phosphoaminolipids India's imports under HSN Code 29239000 have grown at 6.81% CAGR, reaching ₹235.94 Crore in FY 2024-25. ### HSN Code 29239000 contributes 28.57% of Sub-Chapter 2923 exports — ranked #2 Among the 6 HSN codes under Sub-Chapter 2923, HSN Code 29239000 ranks #2 by export value — accounting for 28.57% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 38.91% share (rank #1). ## 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 (this hsn code) | ₹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](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 |