--- title: "HSN Code for Furan compounds: Sucralose | HSN 29321400 GST Rate" description: "Find HSN and GST Rates for 29321400 related to Furan compounds: Sucralose with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29321400/" --- # HSN Code 29321400: Furan compounds: Sucralose - [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 : Sucralose | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29321400 ? It includes Furan compounds: Sucralose ### Do e‑way bill and e‑invoice apply for Furan compounds: Sucralose? 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. ### How should mixed supplies be billed when Furan compounds: Sucralose is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Furan compounds: Sucralose; Nil for exempt items if applicable). ### How much GST applies to Furan compounds: Sucralose? Under HSN 29321400, Furan compounds: Sucralose attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Furan compounds: Sucralose? 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: Sucralose? 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: Sucralose? 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. ## India's trade performance: HSN Code 29321400 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹3 Cr (+21.03% YoY) — 0.0001% of India's total exports - Imports: ₹162 Cr (+25.72% YoY) — 0.0027% of India's total imports - Trade balance: −₹159 Cr (Deficit); surplus rank #11149 of 12657 HSN codes - Share of Sub-Chapter 2932: 0.09% of its exports; import side 3.88% - Rank within Sub-Chapter 2932: #8 of 19 by export value; import-side #5 ### Key metrics - Export CAGR: 13.93% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7100 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +260.00% in FY 2019-20 - Contribution to Sub-Ch. 2932: 0.09% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29321400 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 | 1.50 | 0.0001% | — | 0.09% | 36.54 | 0.0010% | — | 1.43% | −35.04 | #7244 | | FY 2019-20 | 5.40 | 0.0002% | +260.00% | 0.33% | 48.19 | 0.0014% | +31.88% | 1.93% | −42.79 | #5760 | | FY 2020-21 | 3.28 | 0.0002% | −39.26% | 0.16% | 46.59 | 0.0016% | −3.32% | 1.44% | −43.31 | #6453 | | FY 2021-22 | 4.18 | 0.0001% | +27.44% | 0.18% | 100.19 | 0.0022% | +115.05% | 2.55% | −96.01 | #6573 | | FY 2022-23 | 7.06 | 0.0002% | +68.90% | 0.26% | 131.54 | 0.0023% | +31.29% | 2.88% | −124.48 | #6070 | | FY 2023-24 | 2.71 | 0.0001% | −61.61% | 0.10% | 128.69 | 0.0023% | −2.17% | 3.33% | −125.98 | #7252 | | FY 2024-25 | 3.28 | 0.0001% | +21.03% | 0.09% | 161.79 | 0.0027% | +25.72% | 3.88% | −158.51 | #7100 | - CAGR (7-year): exports 13.93%/yr, imports 28.14%/yr (consistently Deficit) ## Key trade insights: HSN Code 29321400 export-import analysis ### Consistent export growth: 13.93% CAGR over 7 years India's exports under HSN Code 29321400 have grown at a compound annual rate of 13.93% over 7 fiscal years, rising from ₹1.50 Crore in FY 2018-19 to ₹3.28 Crore in FY 2024-25. ### HSN Code 29321400 ranked #7100 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29321400 ranks #7100 out of 12657 HSN codes by total export value. Within Sub-Chapter 2932, it ranks #8 of 19. By trade surplus, it ranks #11149 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 29321400 exports The strongest single-year export movement for HSN Code 29321400 was recorded in FY 2019-20, when exports surged by 260.00% over the prior year. ### India records a trade deficit of ₹158.51 Crore in HSN Code 29321400 goods In FY 2024-25, India's imports of ₹161.79 Cr exceeded exports of ₹3.28 Cr, resulting in a trade deficit of ₹158.51 Crore — ranking #11149 of 12657 by surplus magnitude. ### Import growth of 28.14% CAGR signals rising demand for Furan compounds: Sucralose India's imports under HSN Code 29321400 have grown at 28.14% CAGR, reaching ₹161.79 Crore in FY 2024-25. ### HSN Code 29321400 contributes 0.09% of Sub-Chapter 2932 exports — ranked #8 Among the 19 HSN codes under Sub-Chapter 2932, HSN Code 29321400 ranks #8 by export value — accounting for 0.09% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.88% share (rank #5). ## 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 (this hsn code) | ₹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 |