---
title: "HSN Code for Pyrazole compounds: Phenylmethylpyrazolone | HSN 29331940 GST Rate"
description: "Find HSN and GST Rates for 29331940 related to Pyrazole compounds: Phenylmethylpyrazolone with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-29331940/"
---

# HSN Code 29331940: Pyrazole compounds: Phenylmethylpyrazolone

- [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 2933: Heterocyclic nitrogen compounds](https://busy.in/hsn/sub-chapter-2933/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Compounds containing an unfused pyrazole ring (whether or not hydrogenated) in the structure :Other : Phenylmethylpyrazolone | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 29331940 ?

It includes Pyrazole compounds: Phenylmethylpyrazolone

### How should mixed supplies be billed when Pyrazole compounds: Phenylmethylpyrazolone is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Pyrazole compounds: Phenylmethylpyrazolone; Nil for exempt items if applicable).

### Any common misclassification issue with Pyrazole compounds: Phenylmethylpyrazolone?

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 Pyrazole compounds: Phenylmethylpyrazolone?

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

### Does packaging or labelling change the GST for Pyrazole compounds: Phenylmethylpyrazolone?

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.

### Do e‑way bill and e‑invoice apply for Pyrazole compounds: Phenylmethylpyrazolone?

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 29331940 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: < ₹1 Crore (+320.00% YoY) — 0.0000% of India's total exports
- Imports: ₹7 Cr (+66.27% YoY) — 0.0001% of India's total imports
- Trade balance: −₹7 Cr (Deficit); surplus rank #8796 of 12657 HSN codes
- Share of Sub-Chapter 2933: 0.00% of its exports; import side 0.04%
- Rank within Sub-Chapter 2933: #62 of 95 by export value; import-side #30

### Key metrics

- Export CAGR: -22.24% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #9395 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +320.00% in FY 2024-25
- Contribution to Sub-Ch. 2933: 0.00% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 29331940

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. 2933 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2933 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.01% | 23.37 | 0.0007% | — | 0.16% | −22.42 | #7674 |
| FY 2019-20 | 2.44 | 0.0001% | +156.84% | 0.01% | 9.79 | 0.0003% | −58.11% | 0.07% | −7.35 | #6723 |
| FY 2020-21 | 2.72 | 0.0001% | +11.48% | 0.01% | 7.56 | 0.0003% | −22.78% | 0.05% | −4.84 | #6650 |
| FY 2021-22 | 5.38 | 0.0002% | +97.79% | 0.02% | 17.63 | 0.0004% | +133.20% | 0.09% | −12.25 | #6261 |
| FY 2022-23 | 1.92 | 0.0001% | −64.31% | 0.01% | 19.73 | 0.0003% | +11.91% | 0.09% | −17.81 | #7477 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | −97.40% | 0.00% | 4.18 | 0.0001% | −78.81% | 0.01% | −4.13 | #10057 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | +320.00% | 0.00% | 6.95 | 0.0001% | +66.27% | 0.04% | −6.74 | #9395 |

- CAGR (7-year): exports -22.24%/yr, imports -18.30%/yr (consistently Deficit)

## Key trade insights: HSN Code 29331940 export-import analysis

### Export decline: -22.24% CAGR over 7 years

India's exports under HSN Code 29331940 have declined at a compound annual rate of -22.24% over 7 fiscal years, falling from ₹0.95 Crore in FY 2018-19 to ₹0.21 Crore in FY 2024-25.

### HSN Code 29331940 ranked #9395 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 29331940 ranks #9395 out of 12657 HSN codes by total export value. Within Sub-Chapter 2933, it ranks #62 of 95. By trade surplus, it ranks #8796 of 12657.

### FY 2024-25 was the strongest growth year for HSN Code 29331940 exports

The strongest single-year export movement for HSN Code 29331940 was recorded in FY 2024-25, when exports surged by 320.00% over the prior year.

### India records a trade deficit of ₹6.74 Crore in HSN Code 29331940 goods

In FY 2024-25, India's imports of ₹6.95 Cr exceeded exports of ₹0.21 Cr, resulting in a trade deficit of ₹6.74 Crore — ranking #8796 of 12657 by surplus magnitude.

### Import growth of -18.30% CAGR signals stable import dependency for Pyrazole compounds: Phenylmethylpyrazolone

India's imports under HSN Code 29331940 have grown at -18.30% CAGR, reaching ₹6.95 Crore in FY 2024-25.

### HSN Code 29331940 contributes 0.00% of Sub-Chapter 2933 exports — ranked #62

Among the 95 HSN codes under Sub-Chapter 2933, HSN Code 29331940 ranks #62 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.04% share (rank #30).

## Related HSN Codes in Sub-Chapter 2933

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 29339990: Other \|Other \| Other](https://busy.in/hsn/hsn-29339990/) | ₹12,700 Cr |
| #2 | [HSN Code 29333990: Other Pyridine Compounds](https://busy.in/hsn/hsn-29333990/) | ₹7,256 Cr |
| #3 | [HSN Code 29335990: Pyrimidine/piperazine compounds: Other](https://busy.in/hsn/hsn-29335990/) | ₹4,482 Cr |
| #4 | [HSN Code 29331999: Pyrazole compounds: Other](https://busy.in/hsn/hsn-29331999/) | ₹2,638 Cr |
| #5 | [HSN Code 29332990: Imidazole compounds: Other](https://busy.in/hsn/hsn-29332990/) | ₹1,791 Cr |
| #6 | [HSN Code 29333929: 1-azabicyclo(2,2,2)octan-3-ol](https://busy.in/hsn/hsn-29333929/) | ₹1,538 Cr |
| #7 | [HSN Code 29337990: Lactams \|Other Lactams](https://busy.in/hsn/hsn-29337990/) | ₹1,536 Cr |
| #8 | [HSN Code 29334900: Other quinoline or isoquinoline compounds](https://busy.in/hsn/hsn-29334900/) | ₹1,310 Cr |
| #9 | [HSN Code 29333100: Pyridine And Its Salts](https://busy.in/hsn/hsn-29333100/) | ₹1,169 Cr |
| #10 | [HSN Code 29336990: Other compounds with unfused triazine ring](https://busy.in/hsn/hsn-29336990/) | ₹624 Cr |
| #62 | HSN Code 29331940: Pyrazole compounds: Phenylmethylpyrazolone (this hsn code) | < ₹1 Crore |