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HSN Code 29321990: Other Compounds Containing an Unfused Furan Ring

HSN Code 29321990 represents Other Compounds Containing an Unfused Furan Ring under GST classification. This code helps businesses identify Other Compounds Containing an Unfused Furan Ring correctly for billing, taxation, and trade. With HSN Code 29321990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Compounds Containing an Unfused Furan Ring.

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Description of Goods for HSN Code 29321990

HSN Code 29321990 relates to the following description.

From 1 May 2025 (Finance Act, 2025), this tariff item was carved out of this code. Goods covered by it are classified there from that date:

  • 29321920 – Azadirachtin (Neem Products), Benfuracarb and Cinmethylin

Description of Goods

Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure :Other :Other

Chapter

29 - Organic chemicals

Sub Chapter

2932 - Heterocyclic compounds with oxygen heteroatom (s) only

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29321990 not include?

Other Compounds Containing an Unfused Furan Ring does not include products with the following descriptions.

HSN Code 29321100

Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure : Tetrahydrofuran

HSN Code 29321200

Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure : 2-Furaldehyde (furfuraldehyde)

HSN Code 29321300

Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure : Furfuryl alcohol and tetrahydrofurfuryl alcohol

HSN Code 29321400

Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure : Sucralose

HSN Code 29321910

Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure :Other :Hydroxy dibenzfuran carboxylic acid

HSN Code 29321920

Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure :Other : Azadirachtin (neem products), benfuracarb, cinmethylene

HSN Code 29322030

Lactones : Specified lactones (brodifacoum, bromadiolone, coumachlor, coumatetralyl, flocoumafen, milbemectin, spiromesifen)

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India’s Trade Performance — HSN Code 29321990 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹365 Cr

+31.82% vs FY 2024-25

0.0094% of India’s total exports

India’s Imports

FY 2025-26

₹544 Cr

+12.65% vs FY 2024-25

0.0079% of India’s total imports

Trade Balance

FY 2025-26

−₹179 Cr

Trade Deficit

Surplus rank #11309 of 12872 HSN codes

% of Sub-Chapter 2932

FY 2025-26

9.48%

Share of Sub-Chapter 2932’s total exports in FY 2025-26

Import side: 11.51% of Sub-Chapter 2932’s imports

Rank Within Sub-Chapter 2932

FY 2025-26

#3 of 21

Position by export value among HSN codes in Sub-Chapter 2932

Import-side rank: #3 of 21

At a glance

16.31%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#1376

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+79.97%

Peak Growth Year

FY 2022-23 · strongest single-year move

9.48%

Contribution to Sub-Ch. 2932

Share of Sub-Chapter 2932 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 29321990

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #1756

Balance

−249.01

Exports

126.88 ₹ Cr

0.0056% share

— YoY

7.94% of Sub-Ch. 2932

Imports

375.89 ₹ Cr

0.0105% share

— YoY

14.75% of Sub-Ch. 2932

FY 2019-20 Exp. Rank #1663

Balance

−255.79

Exports

137.66 ₹ Cr

0.0063% share

+8.50% YoY

8.51% of Sub-Ch. 2932

Imports

393.45 ₹ Cr

0.0118% share

+4.67% YoY

15.73% of Sub-Ch. 2932

FY 2020-21 Exp. Rank #1349

Balance

−231.20

Exports

201.81 ₹ Cr

0.0094% share

+46.60% YoY

9.76% of Sub-Ch. 2932

Imports

433.01 ₹ Cr

0.0149% share

+10.05% YoY

13.34% of Sub-Ch. 2932

FY 2021-22 Exp. Rank #1715

Balance

−249.75

Exports

187.62 ₹ Cr

0.0060% share

−7.03% YoY

8.30% of Sub-Ch. 2932

Imports

437.37 ₹ Cr

0.0096% share

+1.01% YoY

11.13% of Sub-Ch. 2932

FY 2022-23 Exp. Rank #1229

Balance

−178.94

Exports

337.66 ₹ Cr

0.0093% share

+79.97% YoY

12.58% of Sub-Ch. 2932

Imports

516.60 ₹ Cr

0.0090% share

+18.12% YoY

11.32% of Sub-Ch. 2932

FY 2023-24 Exp. Rank #1418

Balance

−329.66

Exports

288.79 ₹ Cr

0.0080% share

−14.47% YoY

10.16% of Sub-Ch. 2932

Imports

618.45 ₹ Cr

0.0110% share

+19.72% YoY

15.99% of Sub-Ch. 2932

FY 2024-25 Exp. Rank #1519

Balance

−206.03

Exports

277.23 ₹ Cr

0.0075% share

−4.00% YoY

7.85% of Sub-Ch. 2932

Imports

483.26 ₹ Cr

0.0080% share

−21.86% YoY

11.59% of Sub-Ch. 2932

FY 2025-26 Exp. Rank #1376

Balance

−178.95

Exports

365.45 ₹ Cr

0.0094% share

+31.82% YoY

9.48% of Sub-Ch. 2932

Imports

544.40 ₹ Cr

0.0079% share

+12.65% YoY

11.51% of Sub-Ch. 2932

CAGR · 8-Year

Exports

16.31% /yr

Imports

5.43% /yr

Consistently Deficit
Sub-Chapter 2932 total

reference, FY 2025-26

Export

₹3,856.84 Cr

Import

₹4,727.92 Cr

Trade Balance

−871.08

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 29321990 Export-Import Analysis

Consistent Export Growth: 16.31% CAGR Over 8 Years

India's exports under HSN Code 29321990 have grown at a compound annual rate of 16.31% over 8 fiscal years, rising from ₹126.88 Crore in FY 2018-19 to ₹365.45 Crore in FY 2025-26.

HSN Code 29321990 Ranked #1376 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 29321990 ranks #1376 out of 12872 HSN codes by total export value. Within Sub-Chapter 2932, it ranks #3 of 21. By trade surplus, it ranks #11309 of 12872.

FY 2022-23 Was the Strongest Growth Year for HSN Code 29321990 Exports

The strongest single-year export movement for HSN Code 29321990 was recorded in FY 2022-23, when exports surged by 79.97% over the prior year.

India Records a Trade Deficit of ₹178.95 Crore in HSN Code 29321990 Goods

In FY 2025-26, India's imports of ₹544.40 Cr exceeded exports of ₹365.45 Cr, resulting in a trade deficit of ₹178.95 Crore — ranking #11309 of 12872 by surplus magnitude.

Import Growth of 5.43% CAGR Signals Stable Import Dependency for Other Compounds Containing an Unfused Furan Ring

India's imports under HSN Code 29321990 have grown at 5.43% CAGR, reaching ₹544.40 Crore in FY 2025-26.

HSN Code 29321990 Contributes 9.48% of Sub-Chapter 2932 Exports — Ranked #3

Among the 21 HSN codes under Sub-Chapter 2932, HSN Code 29321990 ranks #3 by export value — accounting for 9.48% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 11.51% share (rank #3).

Frequently Asked Questions

Clear answers to common queries about HSN Code 29321990 and GST compliance.

What products are classified under HSN 29321990 ?

It includes Other Compounds Containing an Unfused Furan Ring

Can we claim ITC on inputs used to trade Other Compounds Containing an Unfused Furan Ring?

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

How should mixed supplies be billed when Other Compounds Containing an Unfused Furan Ring is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Compounds Containing an Unfused Furan Ring; Nil for exempt items if applicable).

How much GST applies to Other Compounds Containing an Unfused Furan Ring?

Under HSN 29321990, Other Compounds Containing an Unfused Furan Ring attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Other Compounds Containing an Unfused Furan Ring?

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 Other Compounds Containing an Unfused Furan Ring?

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.

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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.