--- title: "HSN Code for N-Acetylanthranilic Acid | HSN 29242300 GST Rate" description: "Find HSN and GST Rates for 29242300 related to N-Acetylanthranilic Acid with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29242300/" --- # HSN Code 29242300: N-Acetylanthranilic Acid - [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 2924: Internal combustion engines](https://busy.in/hsn/sub-chapter-2924/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof :2-Acetamidobenzoic acid (N-acetylanthranilic acid) and its salts | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29242300 ? It includes N-Acetylanthranilic Acid ### Does packaging or labelling change the GST for N-Acetylanthranilic Acid? 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. ### How should mixed supplies be billed when N-Acetylanthranilic Acid is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for N-Acetylanthranilic Acid; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade N-Acetylanthranilic Acid? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to N-Acetylanthranilic Acid? Under HSN 29242300, N-Acetylanthranilic Acid attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with N-Acetylanthranilic Acid? 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 N-Acetylanthranilic Acid? 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 29242300 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (0.00% YoY) — 0.0000% of India's total exports - Imports: Nil (−100.00% YoY) — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #5059 of 12657 HSN codes - Share of Sub-Chapter 2924: 0.00% of its exports; import side 0.00% - Rank within Sub-Chapter 2924: #11 of 19 by export value ### Key metrics - Export CAGR: -5.04% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9366 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +34.48% in FY 2022-23 - Contribution to Sub-Ch. 2924: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29242300 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. 2924 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2924 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.01% | Nil | 0.0000% | — | 0.00% | +0.30 | #8546 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −70.00% | 0.00% | Nil | 0.0000% | — | 0.00% | +0.09 | #9220 | | FY 2020-21 | Nil | 0.0000% | −100.00% | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2021-22 | < ₹1 Crore | 0.0000% | — | 0.01% | < ₹1 Crore | 0.0000% | — | 0.00% | +0.28 | #8961 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +34.48% | 0.01% | < ₹1 Crore | 0.0000% | 0.00% | 0.00% | +0.38 | #8876 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −43.59% | 0.00% | < ₹1 Crore | 0.0000% | 0.00% | 0.00% | +0.21 | #9379 | | FY 2024-25 | < ₹1 Crore | 0.0000% | 0.00% | 0.00% | Nil | 0.0000% | −100.00% | 0.00% | +0.22 | #9366 | - CAGR (7-year): exports -5.04%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 29242300 export-import analysis ### Export decline: -5.04% CAGR over 7 years India's exports under HSN Code 29242300 have declined at a compound annual rate of -5.04% over 7 fiscal years, falling from ₹0.30 Crore in FY 2018-19 to ₹0.22 Crore in FY 2024-25. ### HSN Code 29242300 ranked #9366 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29242300 ranks #9366 out of 12657 HSN codes by total export value. Within Sub-Chapter 2924, it ranks #11 of 19. By trade surplus, it ranks #5059 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 29242300 exports The strongest single-year export movement for HSN Code 29242300 was recorded in FY 2022-23, when exports surged by 34.48% over the prior year. ### India maintains a trade surplus of ₹0.22 Crore in HSN Code 29242300 goods In FY 2024-25, India's exports of ₹0.22 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.22 Crore — ranking #5059 of 12657 by surplus magnitude. ### HSN Code 29242300 contributes 0.00% of Sub-Chapter 2924 exports — ranked #11 Among the 19 HSN codes under Sub-Chapter 2924, HSN Code 29242300 ranks #11 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## Related HSN Codes in Sub-Chapter 2924 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 29242990: Other Cyclic Amides](https://busy.in/hsn/hsn-29242990/) | ₹3,256 Cr | | #2 | [HSN Code 29241900: Acyclic amides: Other](https://busy.in/hsn/hsn-29241900/) | ₹2,325 Cr | | #3 | [HSN Code 29242190: Other Ureines](https://busy.in/hsn/hsn-29242190/) | ₹229 Cr | | #4 | [HSN Code 29241100: Meprobamate (Inn)](https://busy.in/hsn/hsn-29241100/) | ₹63 Cr | | #5 | [HSN Code 29242960: Pyrazinamide](https://busy.in/hsn/hsn-29242960/) | ₹46 Cr | | #6 | [HSN Code 29242920: Aceto Acetanilide](https://busy.in/hsn/hsn-29242920/) | ₹9 Cr | | #7 | [HSN Code 29242910: Acetanilide](https://busy.in/hsn/hsn-29242910/) | ₹3 Cr | | #8 | [HSN Code 29242950: Phenyl Acetamide](https://busy.in/hsn/hsn-29242950/) | ₹2 Cr | | #9 | [HSN Code 29242970: Guanidine Nitrate: Imines & Derivatives](https://busy.in/hsn/hsn-29242970/) | ₹1 Cr | | #10 | [HSN Code 29242110: Pretilachlor (iso)](https://busy.in/hsn/hsn-29242110/) | ₹1 Cr | | #11 | HSN Code 29242300: N-Acetylanthranilic Acid (this hsn code) | < ₹1 Crore |