HSN Code 29242950: Phenyl Acetamide

HSN Code 29242950 represents Phenyl Acetamide under GST classification. This code helps businesses identify Phenyl Acetamide correctly for billing, taxation, and trade. With HSN Code 29242950, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Phenyl Acetamide.

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Description of Goods for HSN Code 29242950

HSN Code 29242950 relates to the following description.

Description of Goods

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof : Other : Phenyl acetamide

Chapter

29 - Organic chemicals

Sub Chapter

2924 - Carboxyamide-function compounds; amide-function compounds of carbonic acid

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29242950 not include?

Phenyl Acetamide does not include products with the following descriptions.

HSN Code 26242110

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof :Diethyl diphenyl urea

HSN Code 29241100

Acyclic amides (including acyclic carbamates) and their derivatives; salts thereof :Meprobamate (INN)

HSN Code 29241200

Acyclic amides (including acyclic carbamates) and their derivatives; salts thereof :Fluoroacetamide (ISO), monocrotophos (ISO) and phosphamidon (ISO)

HSN Code 29241900

Acyclic amides (including acyclic carbamates) and their derivatives; salts thereof :Other

HSN Code 29242120

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof :Dimethyl diphenyl urea (zentralin)

HSN Code 29242130

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof :Ureines and their derivatives; salts thereof : Parachloro benzene sulphonyl urea

HSN Code 29242190

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof :Ureines and their derivatives; salts thereof :other

HSN Code 29242300

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof :2-Acetamidobenzoic acid (N-acetylanthranilic acid) and its salts

HSN Code 29242400

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof :Ureines and their derivatives; salts thereof :Ethinamate (INN)

HSN Code 29242500

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof :Ureines and their derivatives; salts thereof : Alachlor (ISO)

HSN Code 29242910

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof : Other : Acetanilide

HSN Code 29242920

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof : Other : Aceto acetanilide

HSN Code 29242930

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof : Other : Aceto acetic ortho chloranilide

HSN Code 29242940

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof : Other : Aceto acetic para chloranilide

HSN Code 29242960

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof : Other : Pyrazinamide (pyrazine carboxamide)

HSN Code 29242990

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof : Other : Other

India’s Trade Performance — HSN Code 29242950 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

₹2 Cr

−6.84% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−99.56% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹2 Cr

Trade Surplus

Surplus rank #4151 of 12657 HSN codes

% of Sub-Chapter 2924

FY 2024-25

0.04%

Share of Sub-Chapter 2924’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 2924’s imports

Rank Within Sub-Chapter 2924

FY 2024-25

#8 of 19

Position by export value among HSN codes in Sub-Chapter 2924

Import-side rank: #13 of 19

At a glance

−13.18%

Export CAGR

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

#7420

National Export Rank

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

+34.34%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.04%

Contribution to Sub-Ch. 2924

Share of Sub-Chapter 2924 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 29242950

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 #5693

Balance

−2.79

Exports

5.72 ₹ Cr

0.0003% share

— YoY

0.16% of Sub-Ch. 2924

Imports

8.51 ₹ Cr

0.0002% share

— YoY

0.51% of Sub-Ch. 2924

FY 2019-20 Exp. Rank #5706

Balance

+1.08

Exports

5.66 ₹ Cr

0.0003% share

−1.05% YoY

0.16% of Sub-Ch. 2924

Imports

4.58 ₹ Cr

0.0001% share

−46.18% YoY

0.29% of Sub-Ch. 2924

FY 2020-21 Exp. Rank #6433

Balance

+3.32

Exports

3.32 ₹ Cr

0.0002% share

−41.34% YoY

0.08% of Sub-Ch. 2924

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2924

FY 2021-22 Exp. Rank #6502

Balance

+4.11

Exports

4.46 ₹ Cr

0.0001% share

+34.34% YoY

0.10% of Sub-Ch. 2924

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Sub-Ch. 2924

FY 2022-23 Exp. Rank #7100

Balance

+2.70

Exports

2.72 ₹ Cr

0.0001% share

−39.01% YoY

0.05% of Sub-Ch. 2924

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−94.29% YoY

0.00% of Sub-Ch. 2924

FY 2023-24 Exp. Rank #7279

Balance

+0.37

Exports

2.63 ₹ Cr

0.0001% share

−3.31% YoY

0.05% of Sub-Ch. 2924

Imports

2.26 ₹ Cr

0.0000% share

+11,200.00% YoY

0.09% of Sub-Ch. 2924

FY 2024-25 Exp. Rank #7420

Balance

+2.44

Exports

2.45 ₹ Cr

0.0001% share

−6.84% YoY

0.04% of Sub-Ch. 2924

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−99.56% YoY

0.00% of Sub-Ch. 2924

CAGR · 7-Year

Exports

−13.18% /yr

Imports

−67.52% /yr

Consistently Surplus
Sub-Chapter 2924 total

reference, FY 2024-25

Export

₹6,530.40 Cr

Import

₹2,799.04 Cr

Trade Balance

+3,731.36

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

Key Trade Insights: HSN Code 29242950 Export-Import Analysis

Export Decline: −13.18% CAGR Over 7 Years

India's exports under HSN Code 29242950 have declined at a compound annual rate of −13.18% over 7 fiscal years, falling from ₹5.72 Crore in FY 2018-19 to ₹2.45 Crore in FY 2024-25.

HSN Code 29242950 Ranked #7420 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29242950 ranks #7420 out of 12657 HSN codes by total export value. Within Sub-Chapter 2924, it ranks #8 of 19. By trade surplus, it ranks #4151 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 29242950 Exports

The strongest single-year export movement for HSN Code 29242950 was recorded in FY 2021-22, when exports surged by 34.34% over the prior year.

India Maintains a Trade Surplus of ₹2.44 Crore in HSN Code 29242950 Goods

In FY 2024-25, India's exports of ₹2.45 Cr exceeded imports of ₹0.01 Cr, resulting in a trade surplus of ₹2.44 Crore — ranking #4151 of 12657 by surplus magnitude.

Import Growth of −67.52% CAGR Signals Stable Import Dependency for Phenyl Acetamide

India's imports under HSN Code 29242950 have grown at −67.52% CAGR, reaching ₹0.01 Crore in FY 2024-25.

HSN Code 29242950 Contributes 0.04% of Sub-Chapter 2924 Exports — Ranked #8

Among the 19 HSN codes under Sub-Chapter 2924, HSN Code 29242950 ranks #8 by export value — accounting for 0.04% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #13).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29242950 and GST compliance.

What products are classified under HSN 29242950 ?

It includes Phenyl Acetamide

How should mixed supplies be billed when Phenyl Acetamide is sold with other items?

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

How much GST applies to Phenyl Acetamide?

Under HSN 29242950, Phenyl Acetamide attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Phenyl Acetamide?

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 Phenyl Acetamide?

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 Phenyl Acetamide?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

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.