HSN Code 29299090: Other Compounds with Nitrogen Function

HSN Code 29299090 represents Other Compounds with Nitrogen Function under GST classification. This code helps businesses identify Other Compounds with Nitrogen Function correctly for billing, taxation, and trade. With HSN Code 29299090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Compounds with Nitrogen Function .

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Description of Goods for HSN Code 29299090

HSN Code 29299090 relates to the following description.

Description of Goods

Other

Chapter

29 - Organic chemicals

Sub Chapter

2929 - Compounds with other nitrogen function

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29299090 not include?

Other Compounds with Nitrogen Function does not include products with the following descriptions.

India’s Trade Performance — HSN Code 29299090 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

₹116 Cr

−29.07% vs FY 2023-24

0.0031% of India’s total exports

India’s Imports

FY 2024-25

₹57 Cr

−20.85% vs FY 2023-24

0.0009% of India’s total imports

Trade Balance

FY 2024-25

₹59 Cr

Trade Surplus

Surplus rank #2030 of 12657 HSN codes

% of Sub-Chapter 2929

FY 2024-25

55.20%

Share of Sub-Chapter 2929’s total exports in FY 2024-25

Import side: 1.91% of Sub-Chapter 2929’s imports

Rank Within Sub-Chapter 2929

FY 2024-25

#1 of 10

Position by export value among HSN codes in Sub-Chapter 2929

Import-side rank: #4 of 10

At a glance

−5.51%

Export CAGR

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

#2479

National Export Rank

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

+18.20%

Peak Growth Year

FY 2020-21 · strongest single-year move

55.20%

Contribution to Sub-Ch. 2929

Share of Sub-Chapter 2929 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #1521

Balance

+141.34

Exports

162.39 ₹ Cr

0.0071% share

— YoY

26.82% of Sub-Ch. 2929

Imports

21.05 ₹ Cr

0.0006% share

— YoY

0.96% of Sub-Ch. 2929

FY 2019-20 Exp. Rank #1370

Balance

+168.52

Exports

189.71 ₹ Cr

0.0086% share

+16.82% YoY

38.51% of Sub-Ch. 2929

Imports

21.19 ₹ Cr

0.0006% share

+0.67% YoY

1.45% of Sub-Ch. 2929

FY 2020-21 Exp. Rank #1251

Balance

+194.65

Exports

224.24 ₹ Cr

0.0104% share

+18.20% YoY

44.92% of Sub-Ch. 2929

Imports

29.59 ₹ Cr

0.0010% share

+39.64% YoY

1.91% of Sub-Ch. 2929

FY 2021-22 Exp. Rank #1381

Balance

+217.53

Exports

262.90 ₹ Cr

0.0084% share

+17.24% YoY

57.11% of Sub-Ch. 2929

Imports

45.37 ₹ Cr

0.0010% share

+53.33% YoY

2.06% of Sub-Ch. 2929

FY 2022-23 Exp. Rank #1514

Balance

+201.68

Exports

246.66 ₹ Cr

0.0068% share

−6.18% YoY

60.10% of Sub-Ch. 2929

Imports

44.98 ₹ Cr

0.0008% share

−0.86% YoY

1.56% of Sub-Ch. 2929

FY 2023-24 Exp. Rank #2014

Balance

+91.39

Exports

162.95 ₹ Cr

0.0045% share

−33.94% YoY

43.45% of Sub-Ch. 2929

Imports

71.56 ₹ Cr

0.0013% share

+59.09% YoY

2.92% of Sub-Ch. 2929

FY 2024-25 Exp. Rank #2479

Balance

+58.94

Exports

115.58 ₹ Cr

0.0031% share

−29.07% YoY

55.20% of Sub-Ch. 2929

Imports

56.64 ₹ Cr

0.0009% share

−20.85% YoY

1.91% of Sub-Ch. 2929

CAGR · 7-Year

Exports

−5.51% /yr

Imports

17.94% /yr

Consistently Surplus
Sub-Chapter 2929 total

reference, FY 2024-25

Export

₹209.39 Cr

Import

₹2,961.11 Cr

Trade Balance

−2,751.72

Peak export growth year Latest available data Not available YoY = change vs previous FY

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29299090 and GST compliance.

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.

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.