HSN Code 29329990: Other Heterocyclic Compounds with Oxygen Heteroatoms

HSN Code 29329990 represents Other Heterocyclic Compounds with Oxygen Heteroatoms under GST classification. This code helps businesses identify Other Heterocyclic Compounds with Oxygen Heteroatoms correctly for billing, taxation, and trade. With HSN Code 29329990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Heterocyclic Compounds with Oxygen Heteroatoms .

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 29329990

HSN Code 29329990 relates to the following description.

Description of Goods

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 29329990 not include?

Other Heterocyclic Compounds with Oxygen Heteroatoms 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

India’s Trade Performance — HSN Code 29329990 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹1,858 Cr

+18.37% vs FY 2023-24

0.0505% of India’s total exports

India’s Imports

FY 2024-25

₹2,132 Cr

+18.55% vs FY 2023-24

0.0351% of India’s total imports

Trade Balance

FY 2024-25

−₹274 Cr

Trade Deficit

Surplus rank #11538 of 12657 HSN codes

% of Sub-Chapter 2932

FY 2024-25

52.60%

Share of Sub-Chapter 2932’s total exports in FY 2024-25

Import side: 51.10% of Sub-Chapter 2932’s imports

Rank Within Sub-Chapter 2932

FY 2024-25

#1 of 19

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

Import-side rank: #1 of 19

At a glance

#294

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+27.58%

Peak Growth Year

FY 2023-24 · strongest single-year move

52.60%

Contribution to Sub-Ch. 2932

Share of Sub-Chapter 2932 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2932

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2932

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2932

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2932

FY 2020-21 Exp. Rank #283

Balance

−256.13

Exports

1,214.98 ₹ Cr

0.0565% share

YoY

58.78% of Sub-Ch. 2932

Imports

1,471.11 ₹ Cr

0.0505% share

YoY

45.31% of Sub-Ch. 2932

FY 2021-22 Exp. Rank #427

Balance

−357.89

Exports

1,111.09 ₹ Cr

0.0354% share

−8.55% YoY

49.15% of Sub-Ch. 2932

Imports

1,468.98 ₹ Cr

0.0321% share

−0.14% YoY

37.39% of Sub-Ch. 2932

FY 2022-23 Exp. Rank #406

Balance

−507.18

Exports

1,230.13 ₹ Cr

0.0340% share

+10.71% YoY

45.83% of Sub-Ch. 2932

Imports

1,737.31 ₹ Cr

0.0302% share

+18.27% YoY

38.06% of Sub-Ch. 2932

FY 2023-24 Exp. Rank #321

Balance

−228.69

Exports

1,569.42 ₹ Cr

0.0434% share

+27.58% YoY

55.23% of Sub-Ch. 2932

Imports

1,798.11 ₹ Cr

0.0320% share

+3.50% YoY

46.48% of Sub-Ch. 2932

FY 2024-25 Exp. Rank #294

Balance

−273.85

Exports

1,857.75 ₹ Cr

0.0505% share

+18.37% YoY

52.60% of Sub-Ch. 2932

Imports

2,131.60 ₹ Cr

0.0351% share

+18.55% YoY

51.10% of Sub-Ch. 2932

Sub-Chapter 2932 total

reference, FY 2024-25

Export

₹3,532.09 Cr

Import

₹4,171.15 Cr

Trade Balance

−639.06

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

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).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 29329990 and GST compliance.

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.

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.