--- title: "HSN Code for Other Cyclic Amides | HSN 29242990 GST Rate" description: "Find HSN and GST Rates for 29242990 related to Other Cyclic Amides with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29242990/" --- # HSN Code 29242990: Other Cyclic Amides - [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 : Other : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29242990 ? It includes Other Cyclic Amides ### How should mixed supplies be billed when Other Cyclic Amides is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Cyclic Amides; Nil for exempt items if applicable). ### Any common misclassification issue with Other Cyclic Amides? 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 Other Cyclic Amides? 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. ### Does packaging or labelling change the GST for Other Cyclic Amides? 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 Other Cyclic Amides? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 29242990 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹3,256 Cr (+15.37% YoY) — 0.0885% of India's total exports - Imports: ₹1,637 Cr (+8.43% YoY) — 0.0269% of India's total imports - Trade balance: ₹1,619 Cr (Surplus); surplus rank #245 of 12657 HSN codes - Share of Sub-Chapter 2924: 49.86% of its exports; import side 58.49% - Rank within Sub-Chapter 2924: #1 of 19 by export value; import-side #1 ### Key metrics - Export CAGR: 16.10% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #155 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +52.83% in FY 2020-21 - Contribution to Sub-Ch. 2924: 49.86% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29242990 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 | 1,329.60 | 0.0582% | — | 36.49% | 784.94 | 0.0219% | — | 47.15% | +544.66 | #244 | | FY 2019-20 | 1,890.74 | 0.0859% | +42.20% | 52.74% | 1,011.90 | 0.0302% | +28.91% | 63.42% | +878.84 | #169 | | FY 2020-21 | 2,889.70 | 0.1344% | +52.83% | 66.36% | 961.42 | 0.0330% | −4.99% | 55.70% | +1,928.28 | #111 | | FY 2021-22 | 2,116.87 | 0.0675% | −26.74% | 46.84% | 1,329.89 | 0.0291% | +38.33% | 55.74% | +786.98 | #221 | | FY 2022-23 | 2,439.35 | 0.0674% | +15.23% | 42.88% | 1,588.29 | 0.0276% | +19.43% | 57.86% | +851.06 | #198 | | FY 2023-24 | 2,822.39 | 0.0780% | +15.70% | 57.63% | 1,509.86 | 0.0269% | −4.94% | 59.48% | +1,312.53 | #176 | | FY 2024-25 | 3,256.06 | 0.0885% | +15.37% | 49.86% | 1,637.14 | 0.0269% | +8.43% | 58.49% | +1,618.92 | #155 | - CAGR (7-year): exports 16.10%/yr, imports 13.03%/yr (consistently Surplus) ## Key trade insights: HSN Code 29242990 export-import analysis ### Consistent export growth: 16.10% CAGR over 7 years India's exports under HSN Code 29242990 have grown at a compound annual rate of 16.10% over 7 fiscal years, rising from ₹1,329.60 Crore in FY 2018-19 to ₹3,256.06 Crore in FY 2024-25. ### HSN Code 29242990 ranked #155 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29242990 ranks #155 out of 12657 HSN codes by total export value. Within Sub-Chapter 2924, it ranks #1 of 19. By trade surplus, it ranks #245 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 29242990 exports The strongest single-year export movement for HSN Code 29242990 was recorded in FY 2020-21, when exports surged by 52.83% over the prior year. ### India maintains a trade surplus of ₹1,618.92 Crore in HSN Code 29242990 goods In FY 2024-25, India's exports of ₹3,256.06 Cr exceeded imports of ₹1,637.14 Cr, resulting in a trade surplus of ₹1,618.92 Crore — ranking #245 of 12657 by surplus magnitude. ### Import growth of 13.03% CAGR signals rising demand for Other Cyclic Amides India's imports under HSN Code 29242990 have grown at 13.03% CAGR, reaching ₹1,637.14 Crore in FY 2024-25. ### HSN Code 29242990 contributes 49.86% of Sub-Chapter 2924 exports — ranked #1 Among the 19 HSN codes under Sub-Chapter 2924, HSN Code 29242990 ranks #1 by export value — accounting for 49.86% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 58.49% share (rank #1). ## 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 (this hsn code) | ₹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 |