---
title: "HSN Code for Furan compounds: Tetrahydrofuran | HSN 29321100 GST Rate"
description: "Find HSN and GST Rates for 29321100 related to Furan compounds: Tetrahydrofuran with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-29321100/"
---

# HSN Code 29321100: Furan compounds: Tetrahydrofuran

- [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 2932: Oxygen heterocyclic compounds](https://busy.in/hsn/sub-chapter-2932/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure : Tetrahydrofuran | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 29321100 ?

It includes Furan compounds: Tetrahydrofuran

### How should mixed supplies be billed when Furan compounds: Tetrahydrofuran is sold with other items?

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

### Do e‑way bill and e‑invoice apply for Furan compounds: Tetrahydrofuran?

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 Furan compounds: Tetrahydrofuran?

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.

### Any common misclassification issue with Furan compounds: Tetrahydrofuran?

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

### Can we claim ITC on inputs used to trade Furan compounds: Tetrahydrofuran?

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 29321100 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹11 Cr (−3.01% YoY) — 0.0003% of India's total exports
- Imports: ₹474 Cr (+16.56% YoY) — 0.0078% of India's total imports
- Trade balance: −₹464 Cr (Deficit); surplus rank #11848 of 12657 HSN codes
- Share of Sub-Chapter 2932: 0.30% of its exports; import side 11.37%
- Rank within Sub-Chapter 2932: #6 of 19 by export value; import-side #4

### Key metrics

- Export CAGR: 2.65% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #5724 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +903.53% in FY 2022-23
- Contribution to Sub-Ch. 2932: 0.30% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 29321100

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. 2932 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2932 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 9.08 | 0.0004% | — | 0.57% | 365.79 | 0.0102% | — | 14.35% | −356.71 | #5099 |
| FY 2019-20 | 3.14 | 0.0001% | −65.42% | 0.19% | 372.86 | 0.0111% | +1.93% | 14.91% | −369.72 | #6407 |
| FY 2020-21 | 1.95 | 0.0001% | −37.90% | 0.09% | 481.93 | 0.0165% | +29.25% | 14.84% | −479.98 | #7024 |
| FY 2021-22 | 3.40 | 0.0001% | +74.36% | 0.15% | 805.12 | 0.0176% | +67.06% | 20.49% | −801.72 | #6779 |
| FY 2022-23 | 34.12 | 0.0009% | +903.53% | 1.27% | 1,104.21 | 0.0192% | +37.15% | 24.19% | −1,070.09 | #3980 |
| FY 2023-24 | 10.95 | 0.0003% | −67.91% | 0.39% | 406.94 | 0.0072% | −63.15% | 10.52% | −395.99 | #5623 |
| FY 2024-25 | 10.62 | 0.0003% | −3.01% | 0.30% | 474.32 | 0.0078% | +16.56% | 11.37% | −463.70 | #5724 |

- CAGR (7-year): exports 2.65%/yr, imports 4.43%/yr (consistently Deficit)

## Key trade insights: HSN Code 29321100 export-import analysis

### Consistent export growth: 2.65% CAGR over 7 years

India's exports under HSN Code 29321100 have grown at a compound annual rate of 2.65% over 7 fiscal years, rising from ₹9.08 Crore in FY 2018-19 to ₹10.62 Crore in FY 2024-25.

### HSN Code 29321100 ranked #5724 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 29321100 ranks #5724 out of 12657 HSN codes by total export value. Within Sub-Chapter 2932, it ranks #6 of 19. By trade surplus, it ranks #11848 of 12657.

### FY 2022-23 was the strongest growth year for HSN Code 29321100 exports

The strongest single-year export movement for HSN Code 29321100 was recorded in FY 2022-23, when exports surged by 903.53% over the prior year.

### India records a trade deficit of ₹463.70 Crore in HSN Code 29321100 goods

In FY 2024-25, India's imports of ₹474.32 Cr exceeded exports of ₹10.62 Cr, resulting in a trade deficit of ₹463.70 Crore — ranking #11848 of 12657 by surplus magnitude.

### Import growth of 4.43% CAGR signals stable import dependency for Furan compounds: Tetrahydrofuran

India's imports under HSN Code 29321100 have grown at 4.43% CAGR, reaching ₹474.32 Crore in FY 2024-25.

### HSN Code 29321100 contributes 0.30% of Sub-Chapter 2932 exports — ranked #6

Among the 19 HSN codes under Sub-Chapter 2932, HSN Code 29321100 ranks #6 by export value — accounting for 0.30% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 11.37% share (rank #4).

## Related HSN Codes in Sub-Chapter 2932

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 29329990: Other Heterocyclic Compounds with Oxygen Heteroatoms](https://busy.in/hsn/hsn-29329990/) | ₹1,858 Cr |
| #2 | [HSN Code 29322090: Lactones \|Other](https://busy.in/hsn/hsn-29322090/) | ₹1,264 Cr |
| #3 | [HSN Code 29321990: Furan compounds: Other](https://busy.in/hsn/hsn-29321990/) | ₹277 Cr |
| #4 | [HSN Code 29322010: Lactones: Coumarin](https://busy.in/hsn/hsn-29322010/) | ₹84 Cr |
| #5 | [HSN Code 29329910: Other \| Cineole](https://busy.in/hsn/hsn-29329910/) | ₹23 Cr |
| #6 | HSN Code 29321100: Furan compounds: Tetrahydrofuran (this hsn code) | ₹11 Cr |
| #7 | [HSN Code 29321910: Furan compounds: Hydroxy dibenzfuran carboxylic acid](https://busy.in/hsn/hsn-29321910/) | ₹6 Cr |
| #8 | [HSN Code 29321400: Furan compounds: Sucralose](https://busy.in/hsn/hsn-29321400/) | ₹3 Cr |
| #9 | [HSN Code 29329600: Other \|Carbofuran (Iso)](https://busy.in/hsn/hsn-29329600/) | ₹3 Cr |
| #10 | [HSN Code 29329300: Other \|Piperonal](https://busy.in/hsn/hsn-29329300/) | ₹2 Cr |