HSN Code 29321910: Furan compounds: Hydroxy dibenzfuran carboxylic acid
HSN Code 29321910 represents Furan compounds: Hydroxy dibenzfuran carboxylic acid under GST classification. This code helps businesses identify Furan compounds: Hydroxy dibenzfuran carboxylic acid correctly for billing, taxation, and trade. With HSN Code 29321910, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Furan compounds: Hydroxy dibenzfuran carboxylic acid.
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Description of Goods for HSN Code 29321910
HSN Code 29321910 relates to the following description.
What does HSN Code 29321910 not include?
Furan compounds: Hydroxy dibenzfuran carboxylic acid does not include products with the following descriptions.
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure : Tetrahydrofuran
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure : 2-Furaldehyde (furfuraldehyde)
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure : Furfuryl alcohol and tetrahydrofurfuryl alcohol
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure : Sucralose
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure :Other :Other
Lactones :Coumarin, methylcoumarins and ethylcoumarins
Lactones :Phenolphthalein
Lactones :Other
Other : Isosafrole
Other :1-(1,3-Benzodioxol-5-yl) propan-2-one
Other :Piperonal
Other :Safrole
Other :Tetrahydrocannabinols (all isomers)
Other :Carbofuran (ISO)
Heterocyclic compounds with oxygen hetero-atom (s) only – other : other
Other : Cineole
Emamectin benzoate (iso)
Other :Other
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure : Tetrahydrofuran
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure : 2-Furaldehyde (furfuraldehyde)
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure : Furfuryl alcohol and tetrahydrofurfuryl alcohol
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure : Sucralose
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure :Other :Other
Lactones :Coumarin, methylcoumarins and ethylcoumarins
Lactones :Phenolphthalein
Lactones :Other
Other : Isosafrole
Other :1-(1,3-Benzodioxol-5-yl) propan-2-one
Other :Piperonal
Other :Safrole
Other :Tetrahydrocannabinols (all isomers)
Other :Carbofuran (ISO)
Heterocyclic compounds with oxygen hetero-atom (s) only – other : other
Other : Cineole
Emamectin benzoate (iso)
Other :Other
India’s Trade Performance — HSN Code 29321910 in FY 2024-25
India’s Exports
FY 2024-25₹6 Cr
0.0002% of India’s total exports
India’s Imports
FY 2024-25₹4 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25₹2 Cr
Surplus rank #4223 of 12657 HSN codes
% of Sub-Chapter 2932
FY 2024-250.17%
Share of Sub-Chapter 2932’s total exports in FY 2024-25
Import side: 0.09% of Sub-Chapter 2932’s imports
Rank Within Sub-Chapter 2932
FY 2024-25#7 of 19
Position by export value among HSN codes in Sub-Chapter 2932
Import-side rank: #11 of 19
At a glance
3.05%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#6411
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+545.06%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.17%
Contribution to Sub-Ch. 2932
Share of Sub-Chapter 2932 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 29321910
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+1.58
Exports
4.96 ₹ Cr
0.0002% share
— YoY
0.31% of Sub-Ch. 2932
Imports
3.38 ₹ Cr
0.0001% share
— YoY
0.13% of Sub-Ch. 2932
Balance
−3.57
Exports
2.86 ₹ Cr
0.0001% share
−42.34% YoY
0.18% of Sub-Ch. 2932
Imports
6.43 ₹ Cr
0.0002% share
+90.24% YoY
0.26% of Sub-Ch. 2932
Balance
−1.71
Exports
1.16 ₹ Cr
0.0001% share
−59.44% YoY
0.06% of Sub-Ch. 2932
Imports
2.87 ₹ Cr
0.0001% share
−55.37% YoY
0.09% of Sub-Ch. 2932
Balance
−3.62
Exports
6.68 ₹ Cr
0.0002% share
+475.86% YoY
0.30% of Sub-Ch. 2932
Imports
10.30 ₹ Cr
0.0002% share
+258.89% YoY
0.26% of Sub-Ch. 2932
Balance
+31.44
Exports
43.09 ₹ Cr
0.0012% share
+545.06% YoY
1.61% of Sub-Ch. 2932
Imports
11.65 ₹ Cr
0.0002% share
+13.11% YoY
0.26% of Sub-Ch. 2932
Balance
+6.75
Exports
14.48 ₹ Cr
0.0004% share
−66.40% YoY
0.51% of Sub-Ch. 2932
Imports
7.73 ₹ Cr
0.0001% share
−33.65% YoY
0.20% of Sub-Ch. 2932
Balance
+2.00
Exports
5.94 ₹ Cr
0.0002% share
−58.98% YoY
0.17% of Sub-Ch. 2932
Imports
3.94 ₹ Cr
0.0001% share
−49.03% YoY
0.09% of Sub-Ch. 2932
CAGR · 7-Year
Exports
3.05% /yr
Imports
2.59% /yr
reference, FY 2024-25
Export
₹3,532.09 Cr
Import
₹4,171.15 Cr
Trade Balance
−639.06
Key Trade Insights: HSN Code 29321910 Export-Import Analysis
Consistent Export Growth: 3.05% CAGR Over 7 Years
India's exports under HSN Code 29321910 have grown at a compound annual rate of 3.05% over 7 fiscal years, rising from ₹4.96 Crore in FY 2018-19 to ₹5.94 Crore in FY 2024-25.
HSN Code 29321910 Ranked #6411 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 29321910 ranks #6411 out of 12657 HSN codes by total export value. Within Sub-Chapter 2932, it ranks #7 of 19. By trade surplus, it ranks #4223 of 12657.
FY 2022-23 Was the Strongest Growth Year for HSN Code 29321910 Exports
The strongest single-year export movement for HSN Code 29321910 was recorded in FY 2022-23, when exports surged by 545.06% over the prior year.
India Maintains a Trade Surplus of ₹2.00 Crore in HSN Code 29321910 Goods
In FY 2024-25, India's exports of ₹5.94 Cr exceeded imports of ₹3.94 Cr, resulting in a trade surplus of ₹2.00 Crore — ranking #4223 of 12657 by surplus magnitude.
Import Growth of 2.59% CAGR Signals Stable Import Dependency for Furan compounds: Hydroxy dibenzfuran carboxylic acid
India's imports under HSN Code 29321910 have grown at 2.59% CAGR, reaching ₹3.94 Crore in FY 2024-25.
HSN Code 29321910 Contributes 0.17% of Sub-Chapter 2932 Exports — Ranked #7
Among the 19 HSN codes under Sub-Chapter 2932, HSN Code 29321910 ranks #7 by export value — accounting for 0.17% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.09% share (rank #11).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 29321910 and GST compliance.
What products are classified under HSN 29321910 ?
It includes Furan compounds: Hydroxy dibenzfuran carboxylic acid
Can we claim ITC on inputs used to trade Furan compounds: Hydroxy dibenzfuran carboxylic acid?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
How much GST applies to Furan compounds: Hydroxy dibenzfuran carboxylic acid?
Under HSN 29321910, Furan compounds: Hydroxy dibenzfuran carboxylic acid attracts Varies when sold in taxable form. Describe the exact form on the invoice.
How should mixed supplies be billed when Furan compounds: Hydroxy dibenzfuran carboxylic acid is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Furan compounds: Hydroxy dibenzfuran carboxylic acid; Nil for exempt items if applicable).
Does packaging or labelling change the GST for Furan compounds: Hydroxy dibenzfuran carboxylic acid?
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: Hydroxy dibenzfuran carboxylic acid?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Do e‑way bill and e‑invoice apply for Furan compounds: Hydroxy dibenzfuran carboxylic acid?
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.