HSN Code 29362940: Other Alkaloids and Derivatives

HSN Code 29362940 represents Other Alkaloids and Derivatives under GST classification. This code helps businesses identify Other Alkaloids and Derivatives correctly for billing, taxation, and trade. With HSN Code 29362940, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Alkaloids and Derivatives.

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Description of Goods for HSN Code 29362940

HSN Code 29362940 relates to the following description.

Description of Goods

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

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 29362940 not include?

Other Alkaloids and Derivatives 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 : 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 29362940 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

₹198 Cr

+92.22% vs FY 2023-24

0.0054% of India’s total exports

India’s Imports

FY 2024-25

₹124 Cr

+76.23% vs FY 2023-24

0.0020% of India’s total imports

Trade Balance

FY 2024-25

₹73 Cr

Trade Surplus

Surplus rank #1845 of 12657 HSN codes

% of Sub-Chapter 2936

FY 2024-25

7.92%

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

Import side: 6.73% of Sub-Chapter 2936’s imports

Rank Within Sub-Chapter 2936

FY 2024-25

#3 of 19

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

Import-side rank: #7 of 19

At a glance

13.03%

Export CAGR

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

#1860

National Export Rank

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

+96.84%

Peak Growth Year

FY 2020-21 · strongest single-year move

7.92%

Contribution to Sub-Ch. 2936

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

India Export-Import Trade Statistics for HSN Code 29362940

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 #2086

Balance

+5.32

Exports

94.82 ₹ Cr

0.0041% share

YoY

6.49% of Sub-Ch. 2936

Imports

89.50 ₹ Cr

0.0025% share

YoY

6.39% of Sub-Ch. 2936

FY 2019-20 Exp. Rank #2284

Balance

+10.95

Exports

79.12 ₹ Cr

0.0036% share

−16.56% YoY

4.71% of Sub-Ch. 2936

Imports

68.17 ₹ Cr

0.0020% share

−23.83% YoY

5.35% of Sub-Ch. 2936

FY 2020-21 Exp. Rank #1620

Balance

+104.93

Exports

155.74 ₹ Cr

0.0072% share

+96.84% YoY

8.10% of Sub-Ch. 2936

Imports

50.81 ₹ Cr

0.0017% share

−25.47% YoY

3.32% of Sub-Ch. 2936

FY 2021-22 Exp. Rank #1808

Balance

+91.11

Exports

170.56 ₹ Cr

0.0054% share

+9.52% YoY

7.56% of Sub-Ch. 2936

Imports

79.45 ₹ Cr

0.0017% share

+56.37% YoY

5.07% of Sub-Ch. 2936

FY 2022-23 Exp. Rank #2296

Balance

+33.03

Exports

120.54 ₹ Cr

0.0033% share

−29.33% YoY

6.04% of Sub-Ch. 2936

Imports

87.51 ₹ Cr

0.0015% share

+10.14% YoY

5.23% of Sub-Ch. 2936

FY 2023-24 Exp. Rank #2546

Balance

+32.32

Exports

102.87 ₹ Cr

0.0028% share

−14.66% YoY

5.34% of Sub-Ch. 2936

Imports

70.55 ₹ Cr

0.0013% share

−19.38% YoY

3.79% of Sub-Ch. 2936

FY 2024-25 Exp. Rank #1860

Balance

+73.41

Exports

197.74 ₹ Cr

0.0054% share

+92.22% YoY

7.92% of Sub-Ch. 2936

Imports

124.33 ₹ Cr

0.0020% share

+76.23% YoY

6.73% of Sub-Ch. 2936

CAGR · 7-Year

Exports

13.03% /yr

Imports

5.63% /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 29362940 Export-Import Analysis

Consistent Export Growth: 13.03% CAGR Over 7 Years

India's exports under HSN Code 29362940 have grown at a compound annual rate of 13.03% over 7 fiscal years, rising from ₹94.82 Crore in FY 2018-19 to ₹197.74 Crore in FY 2024-25.

HSN Code 29362940 Ranked #1860 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29362940 ranks #1860 out of 12657 HSN codes by total export value. Within Sub-Chapter 2936, it ranks #3 of 19. By trade surplus, it ranks #1845 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 29362940 Exports

The strongest single-year export movement for HSN Code 29362940 was recorded in FY 2020-21, when exports surged by 96.84% over the prior year.

India Maintains a Trade Surplus of ₹73.41 Crore in HSN Code 29362940 Goods

In FY 2024-25, India's exports of ₹197.74 Cr exceeded imports of ₹124.33 Cr, resulting in a trade surplus of ₹73.41 Crore — ranking #1845 of 12657 by surplus magnitude.

Import Growth of 5.63% CAGR Signals Stable Import Dependency for Other Alkaloids and Derivatives

India's imports under HSN Code 29362940 have grown at 5.63% CAGR, reaching ₹124.33 Crore in FY 2024-25.

HSN Code 29362940 Contributes 7.92% of Sub-Chapter 2936 Exports — Ranked #3

Among the 19 HSN codes under Sub-Chapter 2936, HSN Code 29362940 ranks #3 by export value — accounting for 7.92% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 6.73% share (rank #7).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29362940 and GST compliance.

What products are classified under HSN 29362940 ?

It includes Other Alkaloids and Derivatives

Can we claim ITC on inputs used to trade Other Alkaloids and Derivatives?

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

How much GST applies to Other Alkaloids and Derivatives?

Under HSN 29362940, Other Alkaloids and Derivatives attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Other Alkaloids and Derivatives?

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 Other Alkaloids and Derivatives?

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 should mixed supplies be billed when Other Alkaloids and Derivatives is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Alkaloids and Derivatives; 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.