--- title: "HSN Code for Vitamin B1 and its derivatives :Vitamin B1 and its derivatives :Other | HSN 29362290 GST Rate" description: "Find HSN and GST Rates for 29362290 related to Vitamin B1 and its derivatives :Vitamin B1 and its derivatives :Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29362290/" --- # HSN Code 29362290: Vitamin B1 and its derivatives :Vitamin B1 and its derivatives :Other - [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 2936: Provitamins & vitamins, synthesized](https://busy.in/hsn/sub-chapter-2936/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Vitamin B1 and its derivatives :Vitamin B1 and its derivatives :Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29362290 ? It includes Vitamin B1 and its derivatives :Vitamin B1 and its derivatives :Other ### Does packaging or labelling change the GST for Vitamin B1 and its derivatives :Vitamin B1 and its derivatives :Other? 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 Vitamin B1 and its derivatives :Vitamin B1 and its derivatives :Other? Under HSN 29362290, Vitamin B1 and its derivatives :Vitamin B1 and its derivatives :Other attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Vitamin B1 and its derivatives :Vitamin B1 and its derivatives :Other? 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 Vitamin B1 and its derivatives :Vitamin B1 and its derivatives :Other? 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 Vitamin B1 and its derivatives :Vitamin B1 and its derivatives :Other is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Vitamin B1 and its derivatives :Vitamin B1 and its derivatives :Other; Nil for exempt items if applicable). ## India's trade performance: HSN Code 29362290 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹144 Cr (+98.00% YoY) — 0.0039% of India's total exports - Imports: ₹30 Cr (+12.99% YoY) — 0.0005% of India's total imports - Trade balance: ₹114 Cr (Surplus); surplus rank #1518 of 12657 HSN codes - Share of Sub-Chapter 2936: 5.75% of its exports; import side 1.60% - Rank within Sub-Chapter 2936: #7 of 19 by export value; import-side #13 ### Key metrics - Export CAGR: 47.39% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2211 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +182.47% in FY 2021-22 - Contribution to Sub-Ch. 2936: 5.75% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29362290 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. 2936 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2936 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 14.00 | 0.0006% | — | 0.96% | 36.84 | 0.0010% | — | 2.63% | −22.84 | #4574 | | FY 2019-20 | 11.37 | 0.0005% | −18.79% | 0.68% | 31.19 | 0.0009% | −15.34% | 2.45% | −19.82 | #4837 | | FY 2020-21 | 18.60 | 0.0009% | +63.59% | 0.97% | 30.78 | 0.0011% | −1.31% | 2.01% | −12.18 | #4287 | | FY 2021-22 | 52.54 | 0.0017% | +182.47% | 2.33% | 20.19 | 0.0004% | −34.41% | 1.29% | +32.35 | #3300 | | FY 2022-23 | 117.08 | 0.0032% | +122.84% | 5.86% | 27.44 | 0.0005% | +35.91% | 1.64% | +89.64 | #2331 | | FY 2023-24 | 72.48 | 0.0020% | −38.09% | 3.76% | 26.25 | 0.0005% | −4.34% | 1.41% | +46.23 | #3025 | | FY 2024-25 | 143.51 | 0.0039% | +98.00% | 5.75% | 29.66 | 0.0005% | +12.99% | 1.60% | +113.85 | #2211 | - CAGR (7-year): exports 47.39%/yr, imports -3.55%/yr (consistently Surplus) ## Key trade insights: HSN Code 29362290 export-import analysis ### Consistent export growth: 47.39% CAGR over 7 years India's exports under HSN Code 29362290 have grown at a compound annual rate of 47.39% over 7 fiscal years, rising from ₹14.00 Crore in FY 2018-19 to ₹143.51 Crore in FY 2024-25. ### HSN Code 29362290 ranked #2211 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29362290 ranks #2211 out of 12657 HSN codes by total export value. Within Sub-Chapter 2936, it ranks #7 of 19. By trade surplus, it ranks #1518 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 29362290 exports The strongest single-year export movement for HSN Code 29362290 was recorded in FY 2021-22, when exports surged by 182.47% over the prior year. ### India maintains a trade surplus of ₹113.85 Crore in HSN Code 29362290 goods In FY 2024-25, India's exports of ₹143.51 Cr exceeded imports of ₹29.66 Cr, resulting in a trade surplus of ₹113.85 Crore — ranking #1518 of 12657 by surplus magnitude. ### Import growth of -3.55% CAGR signals stable import dependency for Vitamin B1 and its derivatives :Vitamin B1 and its derivatives :Other India's imports under HSN Code 29362290 have grown at -3.55% CAGR, reaching ₹29.66 Crore in FY 2024-25. ### HSN Code 29362290 contributes 5.75% of Sub-Chapter 2936 exports — ranked #7 Among the 19 HSN codes under Sub-Chapter 2936, HSN Code 29362290 ranks #7 by export value — accounting for 5.75% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.60% share (rank #13). ## Related HSN Codes in Sub-Chapter 2936 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 29362920: Nicotinic acid/amide (Niacin): Niacin B3](https://busy.in/hsn/hsn-29362920/) | ₹772 Cr | | #2 | [HSN Code 29369000: Other, Including Natural Concentrates](https://busy.in/hsn/hsn-29369000/) | ₹396 Cr | | #3 | [HSN Code 29362940: Other Alkaloids and Derivatives](https://busy.in/hsn/hsn-29362940/) | ₹198 Cr | | #4 | [HSN Code 29362990: Other Vitamins & Derivatives](https://busy.in/hsn/hsn-29362990/) | ₹178 Cr | | #5 | [HSN Code 29362100: Vitamin A & Derivatives, Unmixed](https://busy.in/hsn/hsn-29362100/) | ₹177 Cr | | #6 | [HSN Code 29362800: Vitamins and their derivatives, unmixed :Vitamin E and its derivatives](https://busy.in/hsn/hsn-29362800/) | ₹174 Cr | | #7 | HSN Code 29362290: Vitamin B1 and its derivatives :Vitamin B1 and its derivatives :Other (this hsn code) | ₹144 Cr | | #8 | [HSN Code 29362700: Vitamin C (Ascorbic Acid) & Derivatives](https://busy.in/hsn/hsn-29362700/) | ₹98 Cr | | #9 | [HSN Code 29362210: Vitamin B1 (Thiamine) & salts: Thiamine B1](https://busy.in/hsn/hsn-29362210/) | ₹95 Cr | | #10 | [HSN Code 29362310: Vitamin B2 (Riboflavin) & salts: Riboflavin B2](https://busy.in/hsn/hsn-29362310/) | ₹86 Cr |