HSN Code 29362310: Vitamin B2 (Riboflavin) & salts: Riboflavin B2

HSN Code 29362310 represents Vitamin B2 (Riboflavin) & salts: Riboflavin B2 under GST classification. This code helps businesses identify Vitamin B2 (Riboflavin) & salts: Riboflavin B2 correctly for billing, taxation, and trade. With HSN Code 29362310, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Vitamin B2 (Riboflavin) & salts: Riboflavin B2.

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Description of Goods for HSN Code 29362310

HSN Code 29362310 relates to the following description.

Description of Goods

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

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 29362310 not include?

Vitamin B2 (Riboflavin) & salts: Riboflavin B2 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: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 29362310 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

₹86 Cr

+37.00% vs FY 2023-24

0.0023% of India’s total exports

India’s Imports

FY 2024-25

₹99 Cr

+24.64% vs FY 2023-24

0.0016% of India’s total imports

Trade Balance

FY 2024-25

−₹14 Cr

Trade Deficit

Surplus rank #9295 of 12657 HSN codes

% of Sub-Chapter 2936

FY 2024-25

3.43%

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

Import side: 5.38% of Sub-Chapter 2936’s imports

Rank Within Sub-Chapter 2936

FY 2024-25

#10 of 19

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

Import-side rank: #9 of 19

At a glance

6.53%

Export CAGR

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

#2883

National Export Rank

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

+51.73%

Peak Growth Year

FY 2020-21 · strongest single-year move

3.43%

Contribution to Sub-Ch. 2936

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

India Export-Import Trade Statistics for HSN Code 29362310

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 #2653

Balance

−34.08

Exports

58.52 ₹ Cr

0.0026% share

YoY

4.00% of Sub-Ch. 2936

Imports

92.60 ₹ Cr

0.0026% share

YoY

6.61% of Sub-Ch. 2936

FY 2019-20 Exp. Rank #2899

Balance

−22.06

Exports

48.81 ₹ Cr

0.0022% share

−16.59% YoY

2.91% of Sub-Ch. 2936

Imports

70.87 ₹ Cr

0.0021% share

−23.47% YoY

5.57% of Sub-Ch. 2936

FY 2020-21 Exp. Rank #2411

Balance

−4.41

Exports

74.06 ₹ Cr

0.0034% share

+51.73% YoY

3.85% of Sub-Ch. 2936

Imports

78.47 ₹ Cr

0.0027% share

+10.72% YoY

5.12% of Sub-Ch. 2936

FY 2021-22 Exp. Rank #2824

Balance

−14.93

Exports

73.22 ₹ Cr

0.0023% share

−1.13% YoY

3.25% of Sub-Ch. 2936

Imports

88.15 ₹ Cr

0.0019% share

+12.34% YoY

5.62% of Sub-Ch. 2936

FY 2022-23 Exp. Rank #3478

Balance

−5.09

Exports

49.83 ₹ Cr

0.0014% share

−31.94% YoY

2.50% of Sub-Ch. 2936

Imports

54.92 ₹ Cr

0.0010% share

−37.70% YoY

3.29% of Sub-Ch. 2936

FY 2023-24 Exp. Rank #3224

Balance

−17.28

Exports

62.44 ₹ Cr

0.0017% share

+25.31% YoY

3.24% of Sub-Ch. 2936

Imports

79.72 ₹ Cr

0.0014% share

+45.16% YoY

4.28% of Sub-Ch. 2936

FY 2024-25 Exp. Rank #2883

Balance

−13.82

Exports

85.54 ₹ Cr

0.0023% share

+37.00% YoY

3.43% of Sub-Ch. 2936

Imports

99.36 ₹ Cr

0.0016% share

+24.64% YoY

5.38% of Sub-Ch. 2936

CAGR · 7-Year

Exports

6.53% /yr

Imports

1.18% /yr

Consistently Deficit
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 29362310 Export-Import Analysis

Consistent Export Growth: 6.53% CAGR Over 7 Years

India's exports under HSN Code 29362310 have grown at a compound annual rate of 6.53% over 7 fiscal years, rising from ₹58.52 Crore in FY 2018-19 to ₹85.54 Crore in FY 2024-25.

HSN Code 29362310 Ranked #2883 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29362310 ranks #2883 out of 12657 HSN codes by total export value. Within Sub-Chapter 2936, it ranks #10 of 19. By trade surplus, it ranks #9295 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 29362310 Exports

The strongest single-year export movement for HSN Code 29362310 was recorded in FY 2020-21, when exports surged by 51.73% over the prior year.

India Records a Trade Deficit of ₹13.82 Crore in HSN Code 29362310 Goods

In FY 2024-25, India's imports of ₹99.36 Cr exceeded exports of ₹85.54 Cr, resulting in a trade deficit of ₹13.82 Crore — ranking #9295 of 12657 by surplus magnitude.

Import Growth of 1.18% CAGR Signals Stable Import Dependency for Vitamin B2 (Riboflavin) & salts: Riboflavin B2

India's imports under HSN Code 29362310 have grown at 1.18% CAGR, reaching ₹99.36 Crore in FY 2024-25.

HSN Code 29362310 Contributes 3.43% of Sub-Chapter 2936 Exports — Ranked #10

Among the 19 HSN codes under Sub-Chapter 2936, HSN Code 29362310 ranks #10 by export value — accounting for 3.43% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.38% share (rank #9).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29362310 and GST compliance.

What products are classified under HSN 29362310 ?

It includes Vitamin B2 (Riboflavin) & salts: Riboflavin B2

Any common misclassification issue with Vitamin B2 (Riboflavin) & salts: Riboflavin B2?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Do e‑way bill and e‑invoice apply for Vitamin B2 (Riboflavin) & salts: Riboflavin B2?

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 should mixed supplies be billed when Vitamin B2 (Riboflavin) & salts: Riboflavin B2 is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Vitamin B2 (Riboflavin) & salts: Riboflavin B2; Nil for exempt items if applicable).

How much GST applies to Vitamin B2 (Riboflavin) & salts: Riboflavin B2?

Under HSN 29362310, Vitamin B2 (Riboflavin) & salts: Riboflavin B2 attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Vitamin B2 (Riboflavin) & salts: Riboflavin B2?

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.

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.