--- title: "HSN Code for Other Compounds with Nitrogen Function | HSN 29299090 GST Rate" description: "Find HSN and GST Rates for 29299090 related to Other Compounds with Nitrogen Function with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29299090/" --- # HSN Code 29299090: Other Compounds with Nitrogen Function - [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 2929: Compounds with other nitrogen function](https://busy.in/hsn/sub-chapter-2929/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29299090 ? It includes Other Compounds with Nitrogen Function ### How should mixed supplies be billed when Other Compounds with Nitrogen Function is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Compounds with Nitrogen Function; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Other Compounds with Nitrogen Function? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Other Compounds with Nitrogen Function? Under HSN 29299090, Other Compounds with Nitrogen Function attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Other Compounds with Nitrogen Function? 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 Compounds with Nitrogen Function? 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. ## India's trade performance: HSN Code 29299090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹116 Cr (−29.07% YoY) — 0.0031% of India's total exports - Imports: ₹57 Cr (−20.85% YoY) — 0.0009% of India's total imports - Trade balance: ₹59 Cr (Surplus); surplus rank #2030 of 12657 HSN codes - Share of Sub-Chapter 2929: 55.20% of its exports; import side 1.91% - Rank within Sub-Chapter 2929: #1 of 10 by export value; import-side #4 ### Key metrics - Export CAGR: -5.51% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2479 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +18.20% in FY 2020-21 - Contribution to Sub-Ch. 2929: 55.20% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29299090 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. 2929 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2929 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 162.39 | 0.0071% | — | 26.82% | 21.05 | 0.0006% | — | 0.96% | +141.34 | #1521 | | FY 2019-20 | 189.71 | 0.0086% | +16.82% | 38.51% | 21.19 | 0.0006% | +0.67% | 1.45% | +168.52 | #1370 | | FY 2020-21 | 224.24 | 0.0104% | +18.20% | 44.92% | 29.59 | 0.0010% | +39.64% | 1.91% | +194.65 | #1251 | | FY 2021-22 | 262.90 | 0.0084% | +17.24% | 57.11% | 45.37 | 0.0010% | +53.33% | 2.06% | +217.53 | #1381 | | FY 2022-23 | 246.66 | 0.0068% | −6.18% | 60.10% | 44.98 | 0.0008% | −0.86% | 1.56% | +201.68 | #1514 | | FY 2023-24 | 162.95 | 0.0045% | −33.94% | 43.45% | 71.56 | 0.0013% | +59.09% | 2.92% | +91.39 | #2014 | | FY 2024-25 | 115.58 | 0.0031% | −29.07% | 55.20% | 56.64 | 0.0009% | −20.85% | 1.91% | +58.94 | #2479 | - CAGR (7-year): exports -5.51%/yr, imports 17.94%/yr (consistently Surplus) ## Key trade insights: HSN Code 29299090 export-import analysis ### Export decline: -5.51% CAGR over 7 years India's exports under HSN Code 29299090 have declined at a compound annual rate of -5.51% over 7 fiscal years, falling from ₹162.39 Crore in FY 2018-19 to ₹115.58 Crore in FY 2024-25. ### HSN Code 29299090 ranked #2479 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29299090 ranks #2479 out of 12657 HSN codes by total export value. Within Sub-Chapter 2929, it ranks #1 of 10. By trade surplus, it ranks #2030 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 29299090 exports The strongest single-year export movement for HSN Code 29299090 was recorded in FY 2020-21, when exports surged by 18.20% over the prior year. ### India maintains a trade surplus of ₹58.94 Crore in HSN Code 29299090 goods In FY 2024-25, India's exports of ₹115.58 Cr exceeded imports of ₹56.64 Cr, resulting in a trade surplus of ₹58.94 Crore — ranking #2030 of 12657 by surplus magnitude. ### Import growth of 17.94% CAGR signals rising demand for Other Compounds with Nitrogen Function India's imports under HSN Code 29299090 have grown at 17.94% CAGR, reaching ₹56.64 Crore in FY 2024-25. ### HSN Code 29299090 contributes 55.20% of Sub-Chapter 2929 exports — ranked #1 Among the 10 HSN codes under Sub-Chapter 2929, HSN Code 29299090 ranks #1 by export value — accounting for 55.20% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.91% share (rank #4). ## Related HSN Codes in Sub-Chapter 2929 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 29299090: Other Compounds with Nitrogen Function (this hsn code) | ₹116 Cr | | #2 | [HSN Code 29291090: Other Compounds with Nitrogen Function - Isocyanates](https://busy.in/hsn/hsn-29291090/) | ₹72 Cr | | #3 | [HSN Code 29291020: Toluene Di-Isocyanate](https://busy.in/hsn/hsn-29291020/) | ₹14 Cr | | #4 | [HSN Code 29291010: Phenyl Isocyanate](https://busy.in/hsn/hsn-29291010/) | ₹6 Cr | | #5 | [HSN Code 29299060: Phosphoramidic acid, diethyl, dimethylester](https://busy.in/hsn/hsn-29299060/) | ₹1 Cr | | #6 | [HSN Code 29299050: Diethyl phosphoramidate](https://busy.in/hsn/hsn-29299050/) | < ₹1 Crore | | #7 | [HSN Code 29299010: N,N-Diethylphosphoramidic Dichloride](https://busy.in/hsn/hsn-29299010/) | < ₹1 Crore | | — | [HSN Code 29299020: Of a capacity of 50 l or more : Trunks and cases](https://busy.in/hsn/hsn-29299020/) | Nil | | — | [HSN Code 29299030: N,N-Dipropylphosphoramidic Dichloride](https://busy.in/hsn/hsn-29299030/) | Nil | | — | [HSN Code 29299040: N,N-Dimethylphosphoramidic Dichloride](https://busy.in/hsn/hsn-29299040/) | Nil |