HSN Code 29242960: Pyrazinamide

HSN Code 29242960 represents Pyrazinamide under GST classification. This code helps businesses identify Pyrazinamide correctly for billing, taxation, and trade. With HSN Code 29242960, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Pyrazinamide.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 29242960

HSN Code 29242960 relates to the following description.

Description of Goods

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

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 29242960 not include?

Pyrazinamide does not include products with the following descriptions.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

India’s Trade Performance — HSN Code 29242960 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

₹46 Cr

+14.01% vs FY 2023-24

0.0013% of India’s total exports

India’s Imports

FY 2024-25

₹12 Cr

+38.12% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

₹34 Cr

Trade Surplus

Surplus rank #2442 of 12657 HSN codes

% of Sub-Chapter 2924

FY 2024-25

0.71%

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

Import side: 0.44% of Sub-Chapter 2924’s imports

Rank Within Sub-Chapter 2924

FY 2024-25

#5 of 19

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

Import-side rank: #8 of 19

At a glance

7.07%

Export CAGR

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

#3726

National Export Rank

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

+205.82%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.71%

Contribution to Sub-Ch. 2924

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

India Export-Import Trade Statistics for HSN Code 29242960

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 #3547

Balance

+30.45

Exports

30.62 ₹ Cr

0.0013% share

YoY

0.84% of Sub-Ch. 2924

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 2924

FY 2019-20 Exp. Rank #3976

Balance

+22.10

Exports

22.29 ₹ Cr

0.0010% share

−27.20% YoY

0.62% of Sub-Ch. 2924

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+11.76% YoY

0.01% of Sub-Ch. 2924

FY 2020-21 Exp. Rank #4226

Balance

+18.07

Exports

19.42 ₹ Cr

0.0009% share

−12.88% YoY

0.45% of Sub-Ch. 2924

Imports

1.35 ₹ Cr

0.0000% share

+610.53% YoY

0.08% of Sub-Ch. 2924

FY 2021-22 Exp. Rank #3541

Balance

+40.39

Exports

43.93 ₹ Cr

0.0014% share

+126.21% YoY

0.97% of Sub-Ch. 2924

Imports

3.54 ₹ Cr

0.0001% share

+162.22% YoY

0.15% of Sub-Ch. 2924

FY 2022-23 Exp. Rank #5264

Balance

+9.11

Exports

13.23 ₹ Cr

0.0004% share

−69.88% YoY

0.23% of Sub-Ch. 2924

Imports

4.12 ₹ Cr

0.0001% share

+16.38% YoY

0.15% of Sub-Ch. 2924

FY 2023-24 Exp. Rank #3817

Balance

+31.54

Exports

40.46 ₹ Cr

0.0011% share

+205.82% YoY

0.83% of Sub-Ch. 2924

Imports

8.92 ₹ Cr

0.0002% share

+116.50% YoY

0.35% of Sub-Ch. 2924

FY 2024-25 Exp. Rank #3726

Balance

+33.81

Exports

46.13 ₹ Cr

0.0013% share

+14.01% YoY

0.71% of Sub-Ch. 2924

Imports

12.32 ₹ Cr

0.0002% share

+38.12% YoY

0.44% of Sub-Ch. 2924

CAGR · 7-Year

Exports

7.07% /yr

Imports

104.19% /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 29242960 Export-Import Analysis

Consistent Export Growth: 7.07% CAGR Over 7 Years

India's exports under HSN Code 29242960 have grown at a compound annual rate of 7.07% over 7 fiscal years, rising from ₹30.62 Crore in FY 2018-19 to ₹46.13 Crore in FY 2024-25.

HSN Code 29242960 Ranked #3726 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29242960 ranks #3726 out of 12657 HSN codes by total export value. Within Sub-Chapter 2924, it ranks #5 of 19. By trade surplus, it ranks #2442 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 29242960 Exports

The strongest single-year export movement for HSN Code 29242960 was recorded in FY 2023-24, when exports surged by 205.82% over the prior year.

India Maintains a Trade Surplus of ₹33.81 Crore in HSN Code 29242960 Goods

In FY 2024-25, India's exports of ₹46.13 Cr exceeded imports of ₹12.32 Cr, resulting in a trade surplus of ₹33.81 Crore — ranking #2442 of 12657 by surplus magnitude.

Import Growth of 104.19% CAGR Signals Rising Demand for Pyrazinamide

India's imports under HSN Code 29242960 have grown at 104.19% CAGR, reaching ₹12.32 Crore in FY 2024-25.

HSN Code 29242960 Contributes 0.71% of Sub-Chapter 2924 Exports — Ranked #5

Among the 19 HSN codes under Sub-Chapter 2924, HSN Code 29242960 ranks #5 by export value — accounting for 0.71% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.44% share (rank #8).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 29242960 and GST compliance.

What products are classified under HSN 29242960 ?

It includes Pyrazinamide

Does packaging or labelling change the GST for Pyrazinamide?

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.

Can we claim ITC on inputs used to trade Pyrazinamide?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Do e‑way bill and e‑invoice apply for Pyrazinamide?

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 Pyrazinamide?

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 Pyrazinamide is sold with other items?

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

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.