HSN Code 29242970: Guanidine Nitrate: Imines & Derivatives
HSN Code 29242970 represents Guanidine Nitrate: Imines & Derivatives under GST classification. This code helps businesses identify Guanidine Nitrate: Imines & Derivatives correctly for billing, taxation, and trade. With HSN Code 29242970, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Guanidine Nitrate: Imines & Derivatives.
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Description of Goods for HSN Code 29242970
HSN Code 29242970 relates to the following description.
What does HSN Code 29242970 not include?
Guanidine Nitrate: Imines & Derivatives 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
Diethyl diphenyl urea
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 : Pyrazinamide (pyrazine carboxamide)
Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof : Other : Other
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
Diethyl diphenyl urea
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 : Pyrazinamide (pyrazine carboxamide)
Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof : Other : Other
India’s Trade Performance — HSN Code 29242970 in FY 2024-25
India’s Exports
FY 2024-25₹1 Cr
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹21 Cr
0.0003% of India’s total imports
Trade Balance
FY 2024-25−₹19 Cr
Surplus rank #9529 of 12657 HSN codes
% of Sub-Chapter 2924
FY 2024-250.02%
Share of Sub-Chapter 2924’s total exports in FY 2024-25
Import side: 0.73% of Sub-Chapter 2924’s imports
Rank Within Sub-Chapter 2924
FY 2024-25#9 of 19
Position by export value among HSN codes in Sub-Chapter 2924
Import-side rank: #6 of 19
At a glance
#8023
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+176.09%
Peak Growth Year
FY 2024-25 · strongest single-year move
0.02%
Contribution to Sub-Ch. 2924
Share of Sub-Chapter 2924 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 29242970
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2924
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2924
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2924
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2924
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2924
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2924
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2924
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2924
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2924
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2924
Balance
−5.74
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.01% of Sub-Ch. 2924
Imports
6.20 ₹ Cr
0.0001% share
— YoY
0.24% of Sub-Ch. 2924
Balance
−19.26
Exports
1.27 ₹ Cr
0.0000% share
+176.09% YoY
0.02% of Sub-Ch. 2924
Imports
20.53 ₹ Cr
0.0003% share
+231.13% YoY
0.73% of Sub-Ch. 2924
reference, FY 2024-25
Export
₹6,530.40 Cr
Import
₹2,799.04 Cr
Trade Balance
+3,731.36
Key Trade Insights: HSN Code 29242970 Export-Import Analysis
Export Snapshot for HSN Code 29242970
India exported ₹1.27 Crore worth of Guanidine Nitrate: Imines & Derivatives in FY 2024-25. Multi-year trend data is being compiled for this hsn code.
HSN Code 29242970 Ranked #8023 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 29242970 ranks #8023 out of 12657 HSN codes by total export value. Within Sub-Chapter 2924, it ranks #9 of 19. By trade surplus, it ranks #9529 of 12657.
FY 2024-25 Was the Strongest Growth Year for HSN Code 29242970 Exports
The strongest single-year export movement for HSN Code 29242970 was recorded in FY 2024-25, when exports surged by 176.09% over the prior year.
India Records a Trade Deficit of ₹19.26 Crore in HSN Code 29242970 Goods
In FY 2024-25, India's imports of ₹20.53 Cr exceeded exports of ₹1.27 Cr, resulting in a trade deficit of ₹19.26 Crore — ranking #9529 of 12657 by surplus magnitude.
HSN Code 29242970 Contributes 0.02% of Sub-Chapter 2924 Exports — Ranked #9
Among the 19 HSN codes under Sub-Chapter 2924, HSN Code 29242970 ranks #9 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.73% share (rank #6).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 29242970 and GST compliance.
What products are classified under HSN 29242970 ?
It includes Phosphonic acid,methyl,dimethyl ester
Do e‑way bill and e‑invoice apply for Guanidine Nitrate: Imines & Derivatives?
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 Guanidine Nitrate: Imines & Derivatives?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
How much GST applies to Guanidine Nitrate: Imines & Derivatives?
Under HSN 29242970, Guanidine Nitrate: Imines & Derivatives attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Does packaging or labelling change the GST for Guanidine Nitrate: Imines & Derivatives?
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 Guanidine Nitrate: Imines & Derivatives?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.