HSN Code 29362290: Vitamin B1 and its derivatives :Vitamin B1 and its derivatives :Other

HSN Code 29362290 represents Vitamin B1 and its derivatives :Vitamin B1 and its derivatives :Other under GST classification. This code helps businesses identify Vitamin B1 and its derivatives :Vitamin B1 and its derivatives :Other correctly for billing, taxation, and trade. With HSN Code 29362290, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Vitamin B1 and its derivatives :Vitamin B1 and its derivatives :Other.

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Description of Goods for HSN Code 29362290

HSN Code 29362290 relates to the following description.

Description of Goods

Vitamin B1 and its derivatives :Vitamin B1 and its derivatives :Other

Chapter

29 - Organic chemicals

Sub Chapter

2936 - Provitamins and vitamins, natural or reproduced by synthesis (including natural concentrates), derivatives thereof used primarily as vitamins, and intermixtures of the foregoing, whether or not in any solvent

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29362290 not include?

Vitamin B1 and its derivatives :Vitamin B1 and its derivatives :Other does not include products with the following descriptions.

Provitamins and vitamins, natural or reproduced by synthesis (including natural concentrates), derivatives thereof used primarily as vitamins, and intermixtures of the foregoing, whether or not in any solvent - provitamins, unmixed

Vitamin B1 and its derivatives :Vitamin B1 and its derivatives :Vitamin B1 [Thiamine (INN), aneurine] and its salts

Vitamins and their derivatives, unmixed : Vitamin B2 and its derivatives:Vitamin B2 [Riboflavin(INN), lactoflavin] and its salts

Vitamins and their derivatives, unmixed : Vitamin B2 and its derivatives:Other

Vitamins and their derivatives, unmixed :D- or DL-Pantothenic acid (Vitamin B3 or Vitamin B5 ) and its derivatives

Vitamins and their derivatives, unmixed :Vitamin B12 and its derivatives :Vitamin B12 (Cyanocobalamin (INN))

Vitamins and their derivatives, unmixed :Vitamin B12 and its derivatives :Other

Vitamins and their derivatives, unmixed :Vitamin C (Ascorbic acid) and its derivatives

Vitamins and their derivatives, unmixed : Other vitamins and their derivatives :Folic acid (Vitamin B9 )

Vitamins and their derivatives, unmixed : Other vitamins and their derivatives :Nicotinic acid and nicotinamide (niacinamide or niacine)

Vitamins and their derivatives, unmixed : Other vitamins and their derivatives :Vitamin K (menaphthonum BP)

Vitamins and their derivatives, unmixed : D- or DL-Pantothenic acid (Vitamin B5) and its derivatives

Vitamins and their derivatives, unmixed : Other vitamins and their derivatives :Vitamin H (Biotin)

Vitamins and their derivatives, unmixed : Other vitamins and their derivatives :Other

India’s Trade Performance — HSN Code 29362290 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

₹144 Cr

+98.00% vs FY 2023-24

0.0039% of India’s total exports

India’s Imports

FY 2024-25

₹30 Cr

+12.99% vs FY 2023-24

0.0005% of India’s total imports

Trade Balance

FY 2024-25

₹114 Cr

Trade Surplus

Surplus rank #1518 of 12657 HSN codes

% of Sub-Chapter 2936

FY 2024-25

5.75%

Share of Sub-Chapter 2936’s total exports in FY 2024-25

Import side: 1.60% of Sub-Chapter 2936’s imports

Rank Within Sub-Chapter 2936

FY 2024-25

#7 of 19

Position by export value among HSN codes in Sub-Chapter 2936

Import-side rank: #13 of 19

At a glance

47.39%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#2211

National Export Rank

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

+182.47%

Peak Growth Year

FY 2021-22 · strongest single-year move

5.75%

Contribution to Sub-Ch. 2936

Share of Sub-Chapter 2936 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #4574

Balance

−22.84

Exports

14.00 ₹ Cr

0.0006% share

YoY

0.96% of Sub-Ch. 2936

Imports

36.84 ₹ Cr

0.0010% share

YoY

2.63% of Sub-Ch. 2936

FY 2019-20 Exp. Rank #4837

Balance

−19.82

Exports

11.37 ₹ Cr

0.0005% share

−18.79% YoY

0.68% of Sub-Ch. 2936

Imports

31.19 ₹ Cr

0.0009% share

−15.34% YoY

2.45% of Sub-Ch. 2936

FY 2020-21 Exp. Rank #4287

Balance

−12.18

Exports

18.60 ₹ Cr

0.0009% share

+63.59% YoY

0.97% of Sub-Ch. 2936

Imports

30.78 ₹ Cr

0.0011% share

−1.31% YoY

2.01% of Sub-Ch. 2936

FY 2021-22 Exp. Rank #3300

Balance

+32.35

Exports

52.54 ₹ Cr

0.0017% share

+182.47% YoY

2.33% of Sub-Ch. 2936

Imports

20.19 ₹ Cr

0.0004% share

−34.41% YoY

1.29% of Sub-Ch. 2936

FY 2022-23 Exp. Rank #2331

Balance

+89.64

Exports

117.08 ₹ Cr

0.0032% share

+122.84% YoY

5.86% of Sub-Ch. 2936

Imports

27.44 ₹ Cr

0.0005% share

+35.91% YoY

1.64% of Sub-Ch. 2936

FY 2023-24 Exp. Rank #3025

Balance

+46.23

Exports

72.48 ₹ Cr

0.0020% share

−38.09% YoY

3.76% of Sub-Ch. 2936

Imports

26.25 ₹ Cr

0.0005% share

−4.34% YoY

1.41% of Sub-Ch. 2936

FY 2024-25 Exp. Rank #2211

Balance

+113.85

Exports

143.51 ₹ Cr

0.0039% share

+98.00% YoY

5.75% of Sub-Ch. 2936

Imports

29.66 ₹ Cr

0.0005% share

+12.99% YoY

1.60% of Sub-Ch. 2936

CAGR · 7-Year

Exports

47.39% /yr

Imports

−3.55% /yr

Consistently Surplus
Sub-Chapter 2936 total

reference, FY 2024-25

Export

₹2,496.25 Cr

Import

₹1,848.24 Cr

Trade Balance

+648.01

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29362290 and GST compliance.

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).

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.