HSN Code 29307000: Thiodiglycol (INN)

HSN Code 29307000 represents Thiodiglycol (INN) under GST classification. This code helps businesses identify Thiodiglycol (INN) correctly for billing, taxation, and trade. With HSN Code 29307000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Thiodiglycol (INN).

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Description of Goods for HSN Code 29307000

HSN Code 29307000 relates to the following description.

Description of Goods

Bis(2-hydroxyethyl)sulfide (thiodiglycol (INN))

Chapter

29 - Organic chemicals

Sub Chapter

2930 - Organo-sulphur compounds

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29307000 not include?

Thiodiglycol (INN) does not include products with the following descriptions.

HSN Code 29309040

Other :L-cystine (alpha-amino beta-thiopropionic acid)-sulphur containing amino acid

HSN Code 29309097

Other :Other :Phosphorothioic acid, S[2-(diethyl amino) ethyl] O O-Diethyl ester

India’s Trade Performance — HSN Code 29307000 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

Nil

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−62.45% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7870 of 12657 HSN codes

% of Sub-Chapter 2930

FY 2024-25

0.00%

Share of Sub-Chapter 2930’s total exports in FY 2024-25

Import side: 0.02% of Sub-Chapter 2930’s imports

At a glance

−100.00%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.00%

Contribution to Sub-Ch. 2930

Share of Sub-Chapter 2930 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 29307000

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 #9921

Balance

+0.01

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2930

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2930

FY 2019-20

Balance

−0.29

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2930

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.02% of Sub-Ch. 2930

FY 2020-21

Balance

−1.04

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2930

Imports

1.04 ₹ Cr

0.0000% share

+258.62% YoY

0.04% of Sub-Ch. 2930

FY 2021-22

Balance

−0.03

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2930

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−97.12% YoY

0.00% of Sub-Ch. 2930

FY 2022-23

Balance

−1.50

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2930

Imports

1.50 ₹ Cr

0.0000% share

+4,900.00% YoY

0.04% of Sub-Ch. 2930

FY 2023-24

Balance

−2.37

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2930

Imports

2.37 ₹ Cr

0.0000% share

+58.00% YoY

0.07% of Sub-Ch. 2930

FY 2024-25

Balance

−0.89

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2930

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−62.45% YoY

0.02% of Sub-Ch. 2930

Sub-Chapter 2930 total

reference, FY 2024-25

Export

₹2,392.98 Cr

Import

₹3,705.96 Cr

Trade Balance

−1,312.98

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

Key Trade Insights: HSN Code 29307000 Export-Import Analysis

Export Snapshot for HSN Code 29307000

India exported ₹0.00 Crore worth of Thiodiglycol (INN) in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2019-20 Was the Strongest Growth Year for HSN Code 29307000 Exports

The strongest single-year export movement for HSN Code 29307000 was recorded in FY 2019-20, when exports declined by 100.00% over the prior year.

India Records a Trade Deficit of ₹0.89 Crore in HSN Code 29307000 Goods

In FY 2024-25, India's imports of ₹0.89 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.89 Crore — ranking #7870 of 12657 by surplus magnitude.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29307000 and GST compliance.

What products are classified under HSN 29307000 ?

It includes Thiodiglycol (INN)

Do e‑way bill and e‑invoice apply for Thiodiglycol (INN)?

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.

Can we claim ITC on inputs used to trade Thiodiglycol (INN)?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Does packaging or labelling change the GST for Thiodiglycol (INN)?

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.

How much GST applies to Thiodiglycol (INN)?

Under HSN 29307000, Thiodiglycol (INN) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Thiodiglycol (INN) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Thiodiglycol (INN); Nil for exempt items if applicable).

Any common misclassification issue with Thiodiglycol (INN)?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

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.