HSN Code 29322090: Lactones |Other
HSN Code 29322090 represents Lactones |Other under GST classification. This code helps businesses identify Lactones |Other correctly for billing, taxation, and trade. With HSN Code 29322090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Lactones |Other.
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Description of Goods for HSN Code 29322090
HSN Code 29322090 relates to the following description.
What does HSN Code 29322090 not include?
Lactones |Other 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 :Hydroxy dibenzfuran carboxylic acid
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure :Other :Other
Lactones :Coumarin, methylcoumarins and ethylcoumarins
Lactones :Phenolphthalein
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 :Hydroxy dibenzfuran carboxylic acid
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure :Other :Other
Lactones :Coumarin, methylcoumarins and ethylcoumarins
Lactones :Phenolphthalein
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 29322090 in FY 2024-25
India’s Exports
FY 2024-25₹1,264 Cr
0.0343% of India’s total exports
India’s Imports
FY 2024-25₹715 Cr
0.0118% of India’s total imports
Trade Balance
FY 2024-25₹549 Cr
Surplus rank #582 of 12657 HSN codes
% of Sub-Chapter 2932
FY 2024-2535.78%
Share of Sub-Chapter 2932’s total exports in FY 2024-25
Import side: 17.14% of Sub-Chapter 2932’s imports
Rank Within Sub-Chapter 2932
FY 2024-25#2 of 19
Position by export value among HSN codes in Sub-Chapter 2932
Import-side rank: #2 of 19
At a glance
15.75%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#431
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+52.26%
Peak Growth Year
FY 2024-25 · strongest single-year move
35.78%
Contribution to Sub-Ch. 2932
Share of Sub-Chapter 2932 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 29322090
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+107.26
Exports
525.60 ₹ Cr
0.0230% share
— YoY
32.91% of Sub-Ch. 2932
Imports
418.34 ₹ Cr
0.0117% share
— YoY
16.42% of Sub-Ch. 2932
Balance
+44.95
Exports
512.86 ₹ Cr
0.0233% share
−2.42% YoY
31.71% of Sub-Ch. 2932
Imports
467.91 ₹ Cr
0.0140% share
+11.85% YoY
18.71% of Sub-Ch. 2932
Balance
−61.36
Exports
557.25 ₹ Cr
0.0259% share
+8.66% YoY
26.96% of Sub-Ch. 2932
Imports
618.61 ₹ Cr
0.0212% share
+32.21% YoY
19.05% of Sub-Ch. 2932
Balance
+8.71
Exports
820.15 ₹ Cr
0.0261% share
+47.18% YoY
36.28% of Sub-Ch. 2932
Imports
811.44 ₹ Cr
0.0178% share
+31.17% YoY
20.65% of Sub-Ch. 2932
Balance
+69.70
Exports
900.11 ₹ Cr
0.0249% share
+9.75% YoY
33.53% of Sub-Ch. 2932
Imports
830.41 ₹ Cr
0.0144% share
+2.34% YoY
18.19% of Sub-Ch. 2932
Balance
+128.13
Exports
830.03 ₹ Cr
0.0229% share
−7.79% YoY
29.21% of Sub-Ch. 2932
Imports
701.90 ₹ Cr
0.0125% share
−15.48% YoY
18.14% of Sub-Ch. 2932
Balance
+548.64
Exports
1,263.77 ₹ Cr
0.0343% share
+52.26% YoY
35.78% of Sub-Ch. 2932
Imports
715.13 ₹ Cr
0.0118% share
+1.88% YoY
17.14% of Sub-Ch. 2932
CAGR · 7-Year
Exports
15.75% /yr
Imports
9.35% /yr
reference, FY 2024-25
Export
₹3,532.09 Cr
Import
₹4,171.15 Cr
Trade Balance
−639.06
Key Trade Insights: HSN Code 29322090 Export-Import Analysis
Consistent Export Growth: 15.75% CAGR Over 7 Years
India's exports under HSN Code 29322090 have grown at a compound annual rate of 15.75% over 7 fiscal years, rising from ₹525.60 Crore in FY 2018-19 to ₹1,263.77 Crore in FY 2024-25.
HSN Code 29322090 Ranked #431 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 29322090 ranks #431 out of 12657 HSN codes by total export value. Within Sub-Chapter 2932, it ranks #2 of 19. By trade surplus, it ranks #582 of 12657.
FY 2024-25 Was the Strongest Growth Year for HSN Code 29322090 Exports
The strongest single-year export movement for HSN Code 29322090 was recorded in FY 2024-25, when exports surged by 52.26% over the prior year.
India Maintains a Trade Surplus of ₹548.64 Crore in HSN Code 29322090 Goods
In FY 2024-25, India's exports of ₹1,263.77 Cr exceeded imports of ₹715.13 Cr, resulting in a trade surplus of ₹548.64 Crore — ranking #582 of 12657 by surplus magnitude.
Import Growth of 9.35% CAGR Signals Stable Import Dependency for Lactones |Other
India's imports under HSN Code 29322090 have grown at 9.35% CAGR, reaching ₹715.13 Crore in FY 2024-25.
HSN Code 29322090 Contributes 35.78% of Sub-Chapter 2932 Exports — Ranked #2
Among the 19 HSN codes under Sub-Chapter 2932, HSN Code 29322090 ranks #2 by export value — accounting for 35.78% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 17.14% share (rank #2).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 29322090 and GST compliance.
What products are classified under HSN 29322090 ?
It includes Lactones |Other
Do e‑way bill and e‑invoice apply for Lactones /Other?
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 Lactones /Other?
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 Lactones /Other?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
How should mixed supplies be billed when Lactones /Other is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Lactones /Other; Nil for exempt items if applicable).
How much GST applies to Lactones /Other?
Under HSN 29322090, Lactones /Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.