---
title: "HSN Code for Furan compounds: Furfuryl alcohol | HSN 29321300 GST Rate"
description: "Find HSN and GST Rates for 29321300 related to Furan compounds: Furfuryl alcohol with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-29321300/"
---

# HSN Code 29321300: Furan compounds: Furfuryl alcohol

- [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 : Furfuryl alcohol and tetrahydrofurfuryl alcohol | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 29321300 ?

It includes Furan compounds: Furfuryl alcohol

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

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

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

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 Furan compounds: Furfuryl alcohol?

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

### Does packaging or labelling change the GST for Furan compounds: Furfuryl alcohol?

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.

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

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 29321300 (FY 2024-25)

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

- Exports: < ₹1 Crore (+1,450.00% YoY) — 0.0000% of India's total exports
- Imports: ₹90 Cr (−13.02% YoY) — 0.0015% of India's total imports
- Trade balance: −₹90 Cr (Deficit); surplus rank #10715 of 12657 HSN codes
- Share of Sub-Chapter 2932: 0.01% of its exports; import side 2.17%
- Rank within Sub-Chapter 2932: #13 of 19 by export value; import-side #6

### Key metrics

- Export CAGR: 57.90% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #9185 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +1,750.00% in FY 2019-20
- Contribution to Sub-Ch. 2932: 0.01% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 29321300

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 | < ₹1 Crore | 0.0000% | — | 0.00% | 132.05 | 0.0037% | — | 5.18% | −132.03 | #9774 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | +1,750.00% | 0.02% | 78.91 | 0.0024% | −40.24% | 3.15% | −78.54 | #8433 |
| FY 2020-21 | Nil | 0.0000% | −100.00% | 0.00% | 90.13 | 0.0031% | +14.22% | 2.78% | −90.13 | — |
| FY 2021-22 | < ₹1 Crore | 0.0000% | — | 0.00% | 146.23 | 0.0032% | +62.24% | 3.72% | −146.19 | #9874 |
| FY 2022-23 | Nil | 0.0000% | −100.00% | 0.00% | 136.22 | 0.0024% | −6.85% | 2.98% | −136.22 | — |
| FY 2023-24 | < ₹1 Crore | 0.0000% | — | 0.00% | 103.95 | 0.0019% | −23.69% | 2.69% | −103.93 | #10338 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | +1,450.00% | 0.01% | 90.42 | 0.0015% | −13.02% | 2.17% | −90.11 | #9185 |

- CAGR (7-year): exports 57.90%/yr, imports -6.12%/yr (consistently Deficit)

## Key trade insights: HSN Code 29321300 export-import analysis

### Consistent export growth: 57.90% CAGR over 7 years

India's exports under HSN Code 29321300 have grown at a compound annual rate of 57.90% over 7 fiscal years, rising from ₹0.02 Crore in FY 2018-19 to ₹0.31 Crore in FY 2024-25.

### HSN Code 29321300 ranked #9185 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 29321300 ranks #9185 out of 12657 HSN codes by total export value. Within Sub-Chapter 2932, it ranks #13 of 19. By trade surplus, it ranks #10715 of 12657.

### FY 2019-20 was the strongest growth year for HSN Code 29321300 exports

The strongest single-year export movement for HSN Code 29321300 was recorded in FY 2019-20, when exports surged by 1,750.00% over the prior year.

### India records a trade deficit of ₹90.11 Crore in HSN Code 29321300 goods

In FY 2024-25, India's imports of ₹90.42 Cr exceeded exports of ₹0.31 Cr, resulting in a trade deficit of ₹90.11 Crore — ranking #10715 of 12657 by surplus magnitude.

### Import growth of -6.12% CAGR signals stable import dependency for Furan compounds: Furfuryl alcohol

India's imports under HSN Code 29321300 have grown at -6.12% CAGR, reaching ₹90.42 Crore in FY 2024-25.

### HSN Code 29321300 contributes 0.01% of Sub-Chapter 2932 exports — ranked #13

Among the 19 HSN codes under Sub-Chapter 2932, HSN Code 29321300 ranks #13 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.17% share (rank #6).

## 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](https://busy.in/hsn/hsn-29321100/) | ₹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 |
| #13 | HSN Code 29321300: Furan compounds: Furfuryl alcohol (this hsn code) | < ₹1 Crore |