HSN Code 29362950: Vitamin H (Biotin)

HSN Code 29362950 represents Vitamin H (Biotin) under GST classification. This code helps businesses identify Vitamin H (Biotin) correctly for billing, taxation, and trade. With HSN Code 29362950, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Vitamin H (Biotin).

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Description of Goods for HSN Code 29362950

HSN Code 29362950 relates to the following description.

Description of Goods

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

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 29362950 not include?

Vitamin H (Biotin) 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 :Other

India’s Trade Performance — HSN Code 29362950 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

₹6 Cr

+1,081.13% vs FY 2023-24

0.0002% of India’s total exports

India’s Imports

FY 2024-25

₹13 Cr

−9.79% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹7 Cr

Trade Deficit

Surplus rank #8815 of 12657 HSN codes

% of Sub-Chapter 2936

FY 2024-25

0.25%

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

Import side: 0.71% of Sub-Chapter 2936’s imports

Rank Within Sub-Chapter 2936

FY 2024-25

#16 of 19

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

Import-side rank: #16 of 19

At a glance

10.18%

Export CAGR

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

#6354

National Export Rank

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

+1,081.13%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.25%

Contribution to Sub-Ch. 2936

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

India Export-Import Trade Statistics for HSN Code 29362950

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 #6295

Balance

−11.12

Exports

3.50 ₹ Cr

0.0002% share

YoY

0.24% of Sub-Ch. 2936

Imports

14.62 ₹ Cr

0.0004% share

YoY

1.04% of Sub-Ch. 2936

FY 2019-20 Exp. Rank #8145

Balance

−9.07

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−84.57% YoY

0.03% of Sub-Ch. 2936

Imports

9.61 ₹ Cr

0.0003% share

−34.27% YoY

0.75% of Sub-Ch. 2936

FY 2020-21 Exp. Rank #7611

Balance

−28.41

Exports

1.07 ₹ Cr

0.0000% share

+98.15% YoY

0.06% of Sub-Ch. 2936

Imports

29.48 ₹ Cr

0.0010% share

+206.76% YoY

1.92% of Sub-Ch. 2936

FY 2021-22 Exp. Rank #8225

Balance

−20.39

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−28.04% YoY

0.03% of Sub-Ch. 2936

Imports

21.16 ₹ Cr

0.0005% share

−28.22% YoY

1.35% of Sub-Ch. 2936

FY 2022-23 Exp. Rank #7060

Balance

−19.03

Exports

2.85 ₹ Cr

0.0001% share

+270.13% YoY

0.14% of Sub-Ch. 2936

Imports

21.88 ₹ Cr

0.0004% share

+3.40% YoY

1.31% of Sub-Ch. 2936

FY 2023-24 Exp. Rank #8755

Balance

−14.08

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−81.40% YoY

0.03% of Sub-Ch. 2936

Imports

14.61 ₹ Cr

0.0003% share

−33.23% YoY

0.78% of Sub-Ch. 2936

FY 2024-25 Exp. Rank #6354

Balance

−6.92

Exports

6.26 ₹ Cr

0.0002% share

+1,081.13% YoY

0.25% of Sub-Ch. 2936

Imports

13.18 ₹ Cr

0.0002% share

−9.79% YoY

0.71% of Sub-Ch. 2936

CAGR · 7-Year

Exports

10.18% /yr

Imports

−1.71% /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 29362950 Export-Import Analysis

Consistent Export Growth: 10.18% CAGR Over 7 Years

India's exports under HSN Code 29362950 have grown at a compound annual rate of 10.18% over 7 fiscal years, rising from ₹3.50 Crore in FY 2018-19 to ₹6.26 Crore in FY 2024-25.

HSN Code 29362950 Ranked #6354 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29362950 ranks #6354 out of 12657 HSN codes by total export value. Within Sub-Chapter 2936, it ranks #16 of 19. By trade surplus, it ranks #8815 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 29362950 Exports

The strongest single-year export movement for HSN Code 29362950 was recorded in FY 2024-25, when exports surged by 1,081.13% over the prior year.

India Records a Trade Deficit of ₹6.92 Crore in HSN Code 29362950 Goods

In FY 2024-25, India's imports of ₹13.18 Cr exceeded exports of ₹6.26 Cr, resulting in a trade deficit of ₹6.92 Crore — ranking #8815 of 12657 by surplus magnitude.

Import Growth of −1.71% CAGR Signals Stable Import Dependency for Vitamin H (Biotin)

India's imports under HSN Code 29362950 have grown at −1.71% CAGR, reaching ₹13.18 Crore in FY 2024-25.

HSN Code 29362950 Contributes 0.25% of Sub-Chapter 2936 Exports — Ranked #16

Among the 19 HSN codes under Sub-Chapter 2936, HSN Code 29362950 ranks #16 by export value — accounting for 0.25% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.71% share (rank #16).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29362950 and GST compliance.

What products are classified under HSN 29362950 ?

It includes Vitamin H (Biotin)

How should mixed supplies be billed when Vitamin H (Biotin) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Vitamin H (Biotin); Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Vitamin H (Biotin)?

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 Vitamin H (Biotin)?

Under HSN 29362950, Vitamin H (Biotin) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Vitamin H (Biotin)?

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.

Any common misclassification issue with Vitamin H (Biotin)?

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

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.