HSN Code 29309060: Other |Sulphoxide

HSN Code 29309060 represents Other |Sulphoxide under GST classification. This code helps businesses identify Other |Sulphoxide correctly for billing, taxation, and trade. With HSN Code 29309060, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other |Sulphoxide.

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 29309060

HSN Code 29309060 relates to the following description.

Description of Goods

Other :Sulphoxide

Chapter

29 - Organic chemicals

Sub Chapter

2930 - Organo-sulphur compounds

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29309060 not include?

Other |Sulphoxide 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 29309060 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

₹14 Cr

−45.39% vs FY 2023-24

0.0004% of India’s total exports

India’s Imports

FY 2024-25

₹169 Cr

−31.02% vs FY 2023-24

0.0028% of India’s total imports

Trade Balance

FY 2024-25

−₹155 Cr

Trade Deficit

Surplus rank #11128 of 12657 HSN codes

% of Sub-Chapter 2930

FY 2024-25

0.59%

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

Import side: 4.55% of Sub-Chapter 2930’s imports

Rank Within Sub-Chapter 2930

FY 2024-25

#7 of 28

Position by export value among HSN codes in Sub-Chapter 2930

Import-side rank: #3 of 28

At a glance

37.23%

Export CAGR

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

#5328

National Export Rank

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

+162.84%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.59%

Contribution to Sub-Ch. 2930

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

India Export-Import Trade Statistics for HSN Code 29309060

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 #6894

Balance

−71.59

Exports

2.12 ₹ Cr

0.0001% share

— YoY

0.27% of Sub-Ch. 2930

Imports

73.71 ₹ Cr

0.0021% share

— YoY

3.58% of Sub-Ch. 2930

FY 2019-20 Exp. Rank #5964

Balance

−66.02

Exports

4.58 ₹ Cr

0.0002% share

+116.04% YoY

0.43% of Sub-Ch. 2930

Imports

70.60 ₹ Cr

0.0021% share

−4.22% YoY

3.85% of Sub-Ch. 2930

FY 2020-21 Exp. Rank #6192

Balance

−102.40

Exports

4.01 ₹ Cr

0.0002% share

−12.45% YoY

0.24% of Sub-Ch. 2930

Imports

106.41 ₹ Cr

0.0037% share

+50.72% YoY

4.53% of Sub-Ch. 2930

FY 2021-22 Exp. Rank #5414

Balance

−198.20

Exports

10.54 ₹ Cr

0.0003% share

+162.84% YoY

0.56% of Sub-Ch. 2930

Imports

208.74 ₹ Cr

0.0046% share

+96.17% YoY

6.71% of Sub-Ch. 2930

FY 2022-23 Exp. Rank #4788

Balance

−287.35

Exports

18.29 ₹ Cr

0.0005% share

+73.53% YoY

0.87% of Sub-Ch. 2930

Imports

305.64 ₹ Cr

0.0053% share

+46.42% YoY

8.75% of Sub-Ch. 2930

FY 2023-24 Exp. Rank #4417

Balance

−218.58

Exports

25.93 ₹ Cr

0.0007% share

+41.77% YoY

1.16% of Sub-Ch. 2930

Imports

244.51 ₹ Cr

0.0044% share

−20.00% YoY

7.26% of Sub-Ch. 2930

FY 2024-25 Exp. Rank #5328

Balance

−154.51

Exports

14.16 ₹ Cr

0.0004% share

−45.39% YoY

0.59% of Sub-Ch. 2930

Imports

168.67 ₹ Cr

0.0028% share

−31.02% YoY

4.55% of Sub-Ch. 2930

CAGR · 7-Year

Exports

37.23% /yr

Imports

14.79% /yr

Consistently Deficit
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 29309060 Export-Import Analysis

Consistent Export Growth: 37.23% CAGR Over 7 Years

India's exports under HSN Code 29309060 have grown at a compound annual rate of 37.23% over 7 fiscal years, rising from ₹2.12 Crore in FY 2018-19 to ₹14.16 Crore in FY 2024-25.

HSN Code 29309060 Ranked #5328 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29309060 ranks #5328 out of 12657 HSN codes by total export value. Within Sub-Chapter 2930, it ranks #7 of 28. By trade surplus, it ranks #11128 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 29309060 Exports

The strongest single-year export movement for HSN Code 29309060 was recorded in FY 2021-22, when exports surged by 162.84% over the prior year.

India Records a Trade Deficit of ₹154.51 Crore in HSN Code 29309060 Goods

In FY 2024-25, India's imports of ₹168.67 Cr exceeded exports of ₹14.16 Cr, resulting in a trade deficit of ₹154.51 Crore — ranking #11128 of 12657 by surplus magnitude.

Import Growth of 14.79% CAGR Signals Rising Demand for Other |Sulphoxide

India's imports under HSN Code 29309060 have grown at 14.79% CAGR, reaching ₹168.67 Crore in FY 2024-25.

HSN Code 29309060 Contributes 0.59% of Sub-Chapter 2930 Exports — Ranked #7

Among the 28 HSN codes under Sub-Chapter 2930, HSN Code 29309060 ranks #7 by export value — accounting for 0.59% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.55% share (rank #3).

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 29309060 and GST compliance.

What products are classified under HSN 29309060 ?

It includes Other |Sulphoxide

How much GST applies to Other /Sulphoxide?

Under HSN 29309060, Other /Sulphoxide attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Other /Sulphoxide?

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 should mixed supplies be billed when Other /Sulphoxide is sold with other items?

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

Do e‑way bill and e‑invoice apply for Other /Sulphoxide?

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 Other /Sulphoxide?

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

Any common misclassification issue with Other /Sulphoxide?

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.