---
title: "HSN Code for Thiazole Ring Compounds | HSN 29341000 GST Rate"
description: "Find HSN and GST Rates for 29341000 related to Thiazole Ring Compounds with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-29341000/"
---

# HSN Code 29341000: Thiazole Ring Compounds

- [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 2934: Nucleic acids & derivatives](https://busy.in/hsn/sub-chapter-2934/)

## GST rates

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

## Frequently asked questions

### What products are classified under HSN 29341000 ?

It includes Thiazole Ring Compounds

### Do e‑way bill and e‑invoice apply for Thiazole Ring Compounds?

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.

### How much GST applies to Thiazole Ring Compounds?

Under HSN 29341000, Thiazole Ring Compounds attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Can we claim ITC on inputs used to trade Thiazole Ring Compounds?

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

### Any common misclassification issue with Thiazole Ring Compounds?

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 Thiazole Ring Compounds is sold with other items?

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

### Does packaging or labelling change the GST for Thiazole Ring Compounds?

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.

## India's trade performance: HSN Code 29341000 (FY 2024-25)

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

- Exports: ₹461 Cr (−5.06% YoY) — 0.0125% of India's total exports
- Imports: ₹301 Cr (+7.51% YoY) — 0.0050% of India's total imports
- Trade balance: ₹159 Cr (Surplus); surplus rank #1296 of 12657 HSN codes
- Share of Sub-Chapter 2934: 7.26% of its exports; import side 4.87%
- Rank within Sub-Chapter 2934: #2 of 10 by export value; import-side #2

### Key metrics

- Export CAGR: 7.29% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #1074 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +39.67% in FY 2019-20
- Contribution to Sub-Ch. 2934: 7.26% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 29341000

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. 2934 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2934 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 302.08 | 0.0132% | — | 7.68% | 340.90 | 0.0095% | — | 9.92% | −38.82 | #983 |
| FY 2019-20 | 421.91 | 0.0192% | +39.67% | 11.04% | 528.52 | 0.0158% | +55.04% | 14.73% | −106.61 | #760 |
| FY 2020-21 | 523.38 | 0.0243% | +24.05% | 9.48% | 523.50 | 0.0180% | −0.95% | 9.84% | −0.12 | #653 |
| FY 2021-22 | 522.37 | 0.0166% | −0.19% | 9.86% | 483.19 | 0.0106% | −7.70% | 5.80% | +39.18 | #830 |
| FY 2022-23 | 415.56 | 0.0115% | −20.45% | 8.38% | 388.36 | 0.0068% | −19.63% | 5.17% | +27.20 | #1067 |
| FY 2023-24 | 485.39 | 0.0134% | +16.80% | 9.23% | 280.37 | 0.0050% | −27.81% | 4.48% | +205.02 | #985 |
| FY 2024-25 | 460.81 | 0.0125% | −5.06% | 7.26% | 301.43 | 0.0050% | +7.51% | 4.87% | +159.38 | #1074 |

- CAGR (7-year): exports 7.29%/yr, imports -2.03%/yr (consistently Surplus)

## Key trade insights: HSN Code 29341000 export-import analysis

### Consistent export growth: 7.29% CAGR over 7 years

India's exports under HSN Code 29341000 have grown at a compound annual rate of 7.29% over 7 fiscal years, rising from ₹302.08 Crore in FY 2018-19 to ₹460.81 Crore in FY 2024-25.

### HSN Code 29341000 ranked #1074 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 29341000 ranks #1074 out of 12657 HSN codes by total export value. Within Sub-Chapter 2934, it ranks #2 of 10. By trade surplus, it ranks #1296 of 12657.

### FY 2019-20 was the strongest growth year for HSN Code 29341000 exports

The strongest single-year export movement for HSN Code 29341000 was recorded in FY 2019-20, when exports surged by 39.67% over the prior year.

### India maintains a trade surplus of ₹159.38 Crore in HSN Code 29341000 goods

In FY 2024-25, India's exports of ₹460.81 Cr exceeded imports of ₹301.43 Cr, resulting in a trade surplus of ₹159.38 Crore — ranking #1296 of 12657 by surplus magnitude.

### Import growth of -2.03% CAGR signals stable import dependency for Thiazole Ring Compounds

India's imports under HSN Code 29341000 have grown at -2.03% CAGR, reaching ₹301.43 Crore in FY 2024-25.

### HSN Code 29341000 contributes 7.26% of Sub-Chapter 2934 exports — ranked #2

Among the 10 HSN codes under Sub-Chapter 2934, HSN Code 29341000 ranks #2 by export value — accounting for 7.26% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.87% share (rank #2).

## Related HSN Codes in Sub-Chapter 2934

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 29349990: Other \|Other \| Other](https://busy.in/hsn/hsn-29349990/) | ₹5,476 Cr |
| #2 | HSN Code 29341000: Thiazole Ring Compounds (this hsn code) | ₹461 Cr |
| #3 | [HSN Code 29342000: Benzothiazole Ring Compounds](https://busy.in/hsn/hsn-29342000/) | ₹147 Cr |
| #4 | [HSN Code 29349920: Other \|Other \| Morpholine](https://busy.in/hsn/hsn-29349920/) | ₹131 Cr |
| #5 | [HSN Code 29343000: Phenothiazine Ring Compounds](https://busy.in/hsn/hsn-29343000/) | ₹73 Cr |
| #6 | [HSN Code 29349100: Aminorex and Related Drugs](https://busy.in/hsn/hsn-29349100/) | ₹51 Cr |
| #7 | [HSN Code 29349200: Other: Other fentanyls and their derivatives](https://busy.in/hsn/hsn-29349200/) | ₹2 Cr |
| #8 | [HSN Code 29349930: Sulphonamides: Sulphamethoxazole](https://busy.in/hsn/hsn-29349930/) | < ₹1 Crore |
| #9 | [HSN Code 29349910: Other :Other: Chloro thiophene-2-carboxylic acid](https://busy.in/hsn/hsn-29349910/) | < ₹1 Crore |
| — | [HSN Code 29349900: Buprofezin (iso)](https://busy.in/hsn/hsn-29349900/) | Nil |