HSN Code 29362690: Vitamin B12 & Derivatives: Unmixed Vitamins, Other

HSN Code 29362690 represents Vitamin B12 & Derivatives: Unmixed Vitamins, Other under GST classification. This code helps businesses identify Vitamin B12 & Derivatives: Unmixed Vitamins, Other correctly for billing, taxation, and trade. With HSN Code 29362690, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Vitamin B12 & Derivatives: Unmixed Vitamins, Other.

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Description of Goods for HSN Code 29362690

HSN Code 29362690 relates to the following description.

Description of Goods

Vitamins and their derivatives, unmixed :Vitamin B12 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 29362690 not include?

Vitamin B12 & Derivatives: Unmixed Vitamins, 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 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 29362690 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

₹32 Cr

−9.06% vs FY 2023-24

0.0009% of India’s total exports

India’s Imports

FY 2024-25

₹12 Cr

+112.93% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

₹19 Cr

Trade Surplus

Surplus rank #2837 of 12657 HSN codes

% of Sub-Chapter 2936

FY 2024-25

1.27%

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

Import side: 0.67% of Sub-Chapter 2936’s imports

Rank Within Sub-Chapter 2936

FY 2024-25

#13 of 19

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

Import-side rank: #17 of 19

At a glance

6.35%

Export CAGR

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

#4244

National Export Rank

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

+63.53%

Peak Growth Year

FY 2023-24 · strongest single-year move

1.27%

Contribution to Sub-Ch. 2936

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

India Export-Import Trade Statistics for HSN Code 29362690

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 #3980

Balance

−22.51

Exports

21.99 ₹ Cr

0.0010% share

YoY

1.50% of Sub-Ch. 2936

Imports

44.50 ₹ Cr

0.0012% share

YoY

3.18% of Sub-Ch. 2936

FY 2019-20 Exp. Rank #4216

Balance

−24.29

Exports

18.50 ₹ Cr

0.0008% share

−15.87% YoY

1.10% of Sub-Ch. 2936

Imports

42.79 ₹ Cr

0.0013% share

−3.84% YoY

3.36% of Sub-Ch. 2936

FY 2020-21 Exp. Rank #4529

Balance

−34.03

Exports

15.59 ₹ Cr

0.0007% share

−15.73% YoY

0.81% of Sub-Ch. 2936

Imports

49.62 ₹ Cr

0.0017% share

+15.96% YoY

3.24% of Sub-Ch. 2936

FY 2021-22 Exp. Rank #4639

Balance

−6.79

Exports

19.48 ₹ Cr

0.0006% share

+24.95% YoY

0.86% of Sub-Ch. 2936

Imports

26.27 ₹ Cr

0.0006% share

−47.06% YoY

1.68% of Sub-Ch. 2936

FY 2022-23 Exp. Rank #4591

Balance

+8.74

Exports

21.39 ₹ Cr

0.0006% share

+9.80% YoY

1.07% of Sub-Ch. 2936

Imports

12.65 ₹ Cr

0.0002% share

−51.85% YoY

0.76% of Sub-Ch. 2936

FY 2023-24 Exp. Rank #4043

Balance

+29.18

Exports

34.98 ₹ Cr

0.0010% share

+63.53% YoY

1.81% of Sub-Ch. 2936

Imports

5.80 ₹ Cr

0.0001% share

−54.15% YoY

0.31% of Sub-Ch. 2936

FY 2024-25 Exp. Rank #4244

Balance

+19.46

Exports

31.81 ₹ Cr

0.0009% share

−9.06% YoY

1.27% of Sub-Ch. 2936

Imports

12.35 ₹ Cr

0.0002% share

+112.93% YoY

0.67% of Sub-Ch. 2936

CAGR · 7-Year

Exports

6.35% /yr

Imports

−19.24% /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 29362690 Export-Import Analysis

Consistent Export Growth: 6.35% CAGR Over 7 Years

India's exports under HSN Code 29362690 have grown at a compound annual rate of 6.35% over 7 fiscal years, rising from ₹21.99 Crore in FY 2018-19 to ₹31.81 Crore in FY 2024-25.

HSN Code 29362690 Ranked #4244 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29362690 ranks #4244 out of 12657 HSN codes by total export value. Within Sub-Chapter 2936, it ranks #13 of 19. By trade surplus, it ranks #2837 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 29362690 Exports

The strongest single-year export movement for HSN Code 29362690 was recorded in FY 2023-24, when exports surged by 63.53% over the prior year.

India Maintains a Trade Surplus of ₹19.46 Crore in HSN Code 29362690 Goods

In FY 2024-25, India's exports of ₹31.81 Cr exceeded imports of ₹12.35 Cr, resulting in a trade surplus of ₹19.46 Crore — ranking #2837 of 12657 by surplus magnitude.

Import Growth of −19.24% CAGR Signals Stable Import Dependency for Vitamin B12 & Derivatives: Unmixed Vitamins, Other

India's imports under HSN Code 29362690 have grown at −19.24% CAGR, reaching ₹12.35 Crore in FY 2024-25.

HSN Code 29362690 Contributes 1.27% of Sub-Chapter 2936 Exports — Ranked #13

Among the 19 HSN codes under Sub-Chapter 2936, HSN Code 29362690 ranks #13 by export value — accounting for 1.27% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.67% share (rank #17).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29362690 and GST compliance.

What products are classified under HSN 29362690 ?

It includes Vitamin B12 & Derivatives: Unmixed Vitamins, Other

How much GST applies to Vitamin B12 & Derivatives: Unmixed Vitamins, Other?

Under HSN 29362690, Vitamin B12 & Derivatives: Unmixed Vitamins, Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Vitamin B12 & Derivatives: Unmixed Vitamins, 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.

Can we claim ITC on inputs used to trade Vitamin B12 & Derivatives: Unmixed Vitamins, 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 B12 & Derivatives: Unmixed Vitamins, 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 B12 & Derivatives: Unmixed Vitamins, Other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Vitamin B12 & Derivatives: Unmixed Vitamins, 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.