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.

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 29242970

HSN Code 29242970 relates to the following description.

Description of Goods

Pretilachlor (iso)

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 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

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

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹1 Cr

+176.09% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹21 Cr

+231.13% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

−₹19 Cr

Trade Deficit

Surplus rank #9529 of 12657 HSN codes

% of Sub-Chapter 2924

FY 2024-25

0.02%

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.

FY 2018-19

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

FY 2019-20

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

FY 2020-21

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

FY 2021-22

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

FY 2022-23

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

FY 2023-24 Exp. Rank #8860

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

FY 2024-25 Exp. Rank #8023

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

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 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).

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 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.

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.