---
title: "HSN Code for Nicotinic acid/amide (Niacin): Niacin B3 | HSN 29362920 GST Rate"
description: "Find HSN and GST Rates for 29362920 related to Nicotinic acid/amide (Niacin): Niacin B3 with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-29362920/"
---

# HSN Code 29362920: Nicotinic acid/amide (Niacin): Niacin B3

- [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 |
| --- | --- | --- | --- | --- |
| Vitamins and their derivatives, unmixed : Other vitamins and their derivatives :Nicotinic acid and nicotinamide (niacinamide or niacine) | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 29362920 ?

It includes Nicotinic acid/amide (Niacin): Niacin B3

### Do e‑way bill and e‑invoice apply for Nicotinic acid/amide (Niacin): Niacin B3?

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.

### Can we claim ITC on inputs used to trade Nicotinic acid/amide (Niacin): Niacin B3?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

### How should mixed supplies be billed when Nicotinic acid/amide (Niacin): Niacin B3 is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Nicotinic acid/amide (Niacin): Niacin B3; Nil for exempt items if applicable).

### How much GST applies to Nicotinic acid/amide (Niacin): Niacin B3?

Under HSN 29362920, Nicotinic acid/amide (Niacin): Niacin B3 attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Any common misclassification issue with Nicotinic acid/amide (Niacin): Niacin B3?

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

### Does packaging or labelling change the GST for Nicotinic acid/amide (Niacin): Niacin B3?

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.

## India's trade performance: HSN Code 29362920 (FY 2024-25)

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

- Exports: ₹772 Cr (+11.42% YoY) — 0.0210% of India's total exports
- Imports: ₹16 Cr (−31.81% YoY) — 0.0003% of India's total imports
- Trade balance: ₹756 Cr (Surplus); surplus rank #446 of 12657 HSN codes
- Share of Sub-Chapter 2936: 30.91% of its exports; import side 0.86%
- Rank within Sub-Chapter 2936: #1 of 19 by export value; import-side #15

### Key metrics

- Export CAGR: 9.57% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #666 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +31.80% in FY 2019-20
- Contribution to Sub-Ch. 2936: 30.91% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 29362920

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 | 445.95 | 0.0195% | — | 30.52% | 10.99 | 0.0003% | — | 0.78% | +434.96 | #723 |
| FY 2019-20 | 587.74 | 0.0267% | +31.80% | 35.01% | 14.67 | 0.0004% | +33.49% | 1.15% | +573.07 | #562 |
| FY 2020-21 | 720.07 | 0.0335% | +22.52% | 37.44% | 14.06 | 0.0005% | −4.16% | 0.92% | +706.01 | #495 |
| FY 2021-22 | 848.54 | 0.0270% | +17.84% | 37.61% | 14.69 | 0.0003% | +4.48% | 0.94% | +833.85 | #531 |
| FY 2022-23 | 556.64 | 0.0154% | −34.40% | 27.87% | 19.94 | 0.0003% | +35.74% | 1.19% | +536.70 | #849 |
| FY 2023-24 | 692.59 | 0.0191% | +24.42% | 35.93% | 23.23 | 0.0004% | +16.50% | 1.25% | +669.36 | #716 |
| FY 2024-25 | 771.70 | 0.0210% | +11.42% | 30.91% | 15.84 | 0.0003% | −31.81% | 0.86% | +755.86 | #666 |

- CAGR (7-year): exports 9.57%/yr, imports 6.28%/yr (consistently Surplus)

## Key trade insights: HSN Code 29362920 export-import analysis

### Consistent export growth: 9.57% CAGR over 7 years

India's exports under HSN Code 29362920 have grown at a compound annual rate of 9.57% over 7 fiscal years, rising from ₹445.95 Crore in FY 2018-19 to ₹771.70 Crore in FY 2024-25.

### HSN Code 29362920 ranked #666 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 29362920 ranks #666 out of 12657 HSN codes by total export value. Within Sub-Chapter 2936, it ranks #1 of 19. By trade surplus, it ranks #446 of 12657.

### FY 2019-20 was the strongest growth year for HSN Code 29362920 exports

The strongest single-year export movement for HSN Code 29362920 was recorded in FY 2019-20, when exports surged by 31.80% over the prior year.

### India maintains a trade surplus of ₹755.86 Crore in HSN Code 29362920 goods

In FY 2024-25, India's exports of ₹771.70 Cr exceeded imports of ₹15.84 Cr, resulting in a trade surplus of ₹755.86 Crore — ranking #446 of 12657 by surplus magnitude.

### Import growth of 6.28% CAGR signals stable import dependency for Nicotinic acid/amide (Niacin): Niacin B3

India's imports under HSN Code 29362920 have grown at 6.28% CAGR, reaching ₹15.84 Crore in FY 2024-25.

### HSN Code 29362920 contributes 30.91% of Sub-Chapter 2936 exports — ranked #1

Among the 19 HSN codes under Sub-Chapter 2936, HSN Code 29362920 ranks #1 by export value — accounting for 30.91% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.86% share (rank #15).

## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-29362290/) | ₹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 |