---
title: "HSN Code for Benzothiazole Ring Compounds | HSN 29342000 GST Rate"
description: "Find HSN and GST Rates for 29342000 related to Benzothiazole Ring Compounds with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-29342000/"
---

# HSN Code 29342000: Benzothiazole 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 in the structure a benzothiazole ring-system (whether or not hydrogenated) not further fused | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 29342000 ?

It includes Benzothiazole Ring Compounds

### Does packaging or labelling change the GST for Benzothiazole 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.

### Any common misclassification issue with Benzothiazole 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 Benzothiazole Ring Compounds is sold with other items?

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

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

Under HSN 29342000, Benzothiazole 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 Benzothiazole 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.

## India's trade performance: HSN Code 29342000 (FY 2024-25)

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

- Exports: ₹147 Cr (−19.44% YoY) — 0.0040% of India's total exports
- Imports: ₹246 Cr (+14.48% YoY) — 0.0041% of India's total imports
- Trade balance: −₹99 Cr (Deficit); surplus rank #10788 of 12657 HSN codes
- Share of Sub-Chapter 2934: 2.32% of its exports; import side 3.98%
- Rank within Sub-Chapter 2934: #3 of 10 by export value; import-side #3

### Key metrics

- Export CAGR: 18.83% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #2174 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +126.03% in FY 2020-21
- Contribution to Sub-Ch. 2934: 2.32% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 29342000

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 | 52.26 | 0.0023% | — | 1.33% | 181.54 | 0.0051% | — | 5.28% | −129.28 | #2787 |
| FY 2019-20 | 81.63 | 0.0037% | +56.20% | 2.14% | 174.97 | 0.0052% | −3.62% | 4.88% | −93.34 | #2254 |
| FY 2020-21 | 184.51 | 0.0086% | +126.03% | 3.34% | 171.63 | 0.0059% | −1.91% | 3.23% | +12.88 | #1441 |
| FY 2021-22 | 342.25 | 0.0109% | +85.49% | 6.46% | 217.12 | 0.0048% | +26.50% | 2.61% | +125.13 | #1169 |
| FY 2022-23 | 356.80 | 0.0099% | +4.25% | 7.19% | 246.69 | 0.0043% | +13.62% | 3.29% | +110.11 | #1181 |
| FY 2023-24 | 182.66 | 0.0050% | −48.81% | 3.47% | 215.05 | 0.0038% | −12.83% | 3.43% | −32.39 | #1869 |
| FY 2024-25 | 147.15 | 0.0040% | −19.44% | 2.32% | 246.18 | 0.0041% | +14.48% | 3.98% | −99.03 | #2174 |

- CAGR (7-year): exports 18.83%/yr, imports 5.21%/yr (consistently Deficit)

## Key trade insights: HSN Code 29342000 export-import analysis

### Consistent export growth: 18.83% CAGR over 7 years

India's exports under HSN Code 29342000 have grown at a compound annual rate of 18.83% over 7 fiscal years, rising from ₹52.26 Crore in FY 2018-19 to ₹147.15 Crore in FY 2024-25.

### HSN Code 29342000 ranked #2174 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 29342000 ranks #2174 out of 12657 HSN codes by total export value. Within Sub-Chapter 2934, it ranks #3 of 10. By trade surplus, it ranks #10788 of 12657.

### FY 2020-21 was the strongest growth year for HSN Code 29342000 exports

The strongest single-year export movement for HSN Code 29342000 was recorded in FY 2020-21, when exports surged by 126.03% over the prior year.

### India records a trade deficit of ₹99.03 Crore in HSN Code 29342000 goods

In FY 2024-25, India's imports of ₹246.18 Cr exceeded exports of ₹147.15 Cr, resulting in a trade deficit of ₹99.03 Crore — ranking #10788 of 12657 by surplus magnitude.

### Import growth of 5.21% CAGR signals stable import dependency for Benzothiazole Ring Compounds

India's imports under HSN Code 29342000 have grown at 5.21% CAGR, reaching ₹246.18 Crore in FY 2024-25.

### HSN Code 29342000 contributes 2.32% of Sub-Chapter 2934 exports — ranked #3

Among the 10 HSN codes under Sub-Chapter 2934, HSN Code 29342000 ranks #3 by export value — accounting for 2.32% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.98% share (rank #3).

## 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](https://busy.in/hsn/hsn-29341000/) | ₹461 Cr |
| #3 | HSN Code 29342000: Benzothiazole Ring Compounds (this hsn code) | ₹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 |