--- title: "HSN Code for Other Heterocyclic Compounds with Oxygen Heteroatoms | HSN 29329990 GST Rate" description: "Find HSN and GST Rates for 29329990 related to Other Heterocyclic Compounds with Oxygen Heteroatoms with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29329990/" --- # HSN Code 29329990: Other Heterocyclic Compounds with Oxygen Heteroatoms - [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 | | --- | --- | --- | --- | --- | | Other :Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29329990 ? It includes Other Heterocyclic Compounds with Oxygen Heteroatoms ### Does packaging or labelling change the GST for Other Heterocyclic Compounds with Oxygen Heteroatoms? 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. ### How much GST applies to Other Heterocyclic Compounds with Oxygen Heteroatoms? Under HSN 29329990, Other Heterocyclic Compounds with Oxygen Heteroatoms attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Other Heterocyclic Compounds with Oxygen Heteroatoms? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Other Heterocyclic Compounds with Oxygen Heteroatoms? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Other Heterocyclic Compounds with Oxygen Heteroatoms? 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 29329990 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹1,858 Cr (+18.37% YoY) — 0.0505% of India's total exports - Imports: ₹2,132 Cr (+18.55% YoY) — 0.0351% of India's total imports - Trade balance: −₹274 Cr (Deficit); surplus rank #11538 of 12657 HSN codes - Share of Sub-Chapter 2932: 52.60% of its exports; import side 51.10% - Rank within Sub-Chapter 2932: #1 of 19 by export value; import-side #1 ### Key metrics - National export rank: #294 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +27.58% in FY 2023-24 - Contribution to Sub-Ch. 2932: 52.60% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29329990 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 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2020-21 | 1,214.98 | 0.0565% | — | 58.78% | 1,471.11 | 0.0505% | — | 45.31% | −256.13 | #283 | | FY 2021-22 | 1,111.09 | 0.0354% | −8.55% | 49.15% | 1,468.98 | 0.0321% | −0.14% | 37.39% | −357.89 | #427 | | FY 2022-23 | 1,230.13 | 0.0340% | +10.71% | 45.83% | 1,737.31 | 0.0302% | +18.27% | 38.06% | −507.18 | #406 | | FY 2023-24 | 1,569.42 | 0.0434% | +27.58% | 55.23% | 1,798.11 | 0.0320% | +3.50% | 46.48% | −228.69 | #321 | | FY 2024-25 | 1,857.75 | 0.0505% | +18.37% | 52.60% | 2,131.60 | 0.0351% | +18.55% | 51.10% | −273.85 | #294 | ## Key trade insights: HSN Code 29329990 export-import analysis ### Export snapshot for HSN Code 29329990 India exported ₹1,857.75 Crore worth of Other Heterocyclic Compounds with Oxygen Heteroatoms in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 29329990 ranked #294 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29329990 ranks #294 out of 12657 HSN codes by total export value. Within Sub-Chapter 2932, it ranks #1 of 19. By trade surplus, it ranks #11538 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 29329990 exports The strongest single-year export movement for HSN Code 29329990 was recorded in FY 2023-24, when exports surged by 27.58% over the prior year. ### India records a trade deficit of ₹273.85 Crore in HSN Code 29329990 goods In FY 2024-25, India's imports of ₹2,131.60 Cr exceeded exports of ₹1,857.75 Cr, resulting in a trade deficit of ₹273.85 Crore — ranking #11538 of 12657 by surplus magnitude. ### HSN Code 29329990 contributes 52.60% of Sub-Chapter 2932 exports — ranked #1 Among the 19 HSN codes under Sub-Chapter 2932, HSN Code 29329990 ranks #1 by export value — accounting for 52.60% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 51.10% share (rank #1). ## 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 (this hsn code) | ₹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 |