HSN Code 29371900: Other Polypeptide/Protein/Glycoprotein Hormones

HSN Code 29371900 represents Other Polypeptide/Protein/Glycoprotein Hormones under GST classification. This code helps businesses identify Other Polypeptide/Protein/Glycoprotein Hormones correctly for billing, taxation, and trade. With HSN Code 29371900, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Polypeptide/Protein/Glycoprotein Hormones.

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Description of Goods for HSN Code 29371900

HSN Code 29371900 relates to the following description.

Description of Goods

Polypeptide hormones, protein hormones and glycoprotein hormones, their dervatives and structural analogues :Other

Chapter

29 - Organic chemicals

Sub Chapter

2937 - Hormones, prostaglandins, thromboxanes and leukotrienes, natural or reproduced by synthesis; derivatives and structural analogues thereof, including chain modified polypeptides, used primarily as hormones

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29371900 not include?

Other Polypeptide/Protein/Glycoprotein Hormones does not include products with the following descriptions.

Polypeptide hormones, protein hormones and glycoprotein hormones, their dervatives and structural analogues :Somatotropin, its derivatives and structural analogues

Polypeptide hormones, protein hormones and glycoprotein hormones, their dervatives and structural analogues :Insulin and its salts

Steroidal hormones, their derivatives and structural analogues :Cortisone, hydrocortisone, prednisone, (dehydrocortisone) and prednisolone (dehydrohydrocortisone)

Steroidal hormones, their derivatives and structural analogues :Halogenated derivatives of corticosteroidal harmones

Steroidal hormones, their derivatives and structural analogues :Oestrogens and progestogens

Prostaglandins,thromboxanes, leukotrienes, their derivatives and structural analogues

Other:Catecholamine hormones,their derivatives and structural analogues:Epinethrine

Other:Catecholamine hormones,their derivatives and structural analogues:Other

India’s Trade Performance — HSN Code 29371900 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

₹297 Cr

+23.73% vs FY 2023-24

0.0081% of India’s total exports

India’s Imports

FY 2024-25

₹397 Cr

+78.15% vs FY 2023-24

0.0065% of India’s total imports

Trade Balance

FY 2024-25

−₹99 Cr

Trade Deficit

Surplus rank #10793 of 12657 HSN codes

% of Sub-Chapter 2937

FY 2024-25

10.87%

Share of Sub-Chapter 2937’s total exports in FY 2024-25

Import side: 11.62% of Sub-Chapter 2937’s imports

Rank Within Sub-Chapter 2937

FY 2024-25

#4 of 13

Position by export value among HSN codes in Sub-Chapter 2937

Import-side rank: #4 of 13

At a glance

4.78%

Export CAGR

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

#1452

National Export Rank

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

+30.73%

Peak Growth Year

FY 2020-21 · strongest single-year move

10.87%

Contribution to Sub-Ch. 2937

Share of Sub-Chapter 2937 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 29371900

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 #1218

Balance

+126.98

Exports

224.68 ₹ Cr

0.0098% share

YoY

14.65% of Sub-Ch. 2937

Imports

97.70 ₹ Cr

0.0027% share

YoY

4.38% of Sub-Ch. 2937

FY 2019-20 Exp. Rank #1242

Balance

+161.60

Exports

218.77 ₹ Cr

0.0099% share

−2.63% YoY

12.78% of Sub-Ch. 2937

Imports

57.17 ₹ Cr

0.0017% share

−41.48% YoY

2.58% of Sub-Ch. 2937

FY 2020-21 Exp. Rank #1062

Balance

+163.42

Exports

285.99 ₹ Cr

0.0133% share

+30.73% YoY

14.88% of Sub-Ch. 2937

Imports

122.57 ₹ Cr

0.0042% share

+114.40% YoY

5.61% of Sub-Ch. 2937

FY 2021-22 Exp. Rank #1670

Balance

−25.04

Exports

195.60 ₹ Cr

0.0062% share

−31.61% YoY

10.11% of Sub-Ch. 2937

Imports

220.64 ₹ Cr

0.0048% share

+80.01% YoY

8.78% of Sub-Ch. 2937

FY 2022-23 Exp. Rank #1500

Balance

−158.02

Exports

249.50 ₹ Cr

0.0069% share

+27.56% YoY

11.63% of Sub-Ch. 2937

Imports

407.52 ₹ Cr

0.0071% share

+84.70% YoY

13.69% of Sub-Ch. 2937

FY 2023-24 Exp. Rank #1596

Balance

+17.65

Exports

240.30 ₹ Cr

0.0066% share

−3.69% YoY

9.42% of Sub-Ch. 2937

Imports

222.65 ₹ Cr

0.0040% share

−45.36% YoY

7.02% of Sub-Ch. 2937

FY 2024-25 Exp. Rank #1452

Balance

−99.33

Exports

297.32 ₹ Cr

0.0081% share

+23.73% YoY

10.87% of Sub-Ch. 2937

Imports

396.65 ₹ Cr

0.0065% share

+78.15% YoY

11.62% of Sub-Ch. 2937

CAGR · 7-Year

Exports

4.78% /yr

Imports

26.30% /yr

Consistently Deficit
Sub-Chapter 2937 total

reference, FY 2024-25

Export

₹2,735.54 Cr

Import

₹3,412.87 Cr

Trade Balance

−677.33

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 29371900 Export-Import Analysis

Consistent Export Growth: 4.78% CAGR Over 7 Years

India's exports under HSN Code 29371900 have grown at a compound annual rate of 4.78% over 7 fiscal years, rising from ₹224.68 Crore in FY 2018-19 to ₹297.32 Crore in FY 2024-25.

HSN Code 29371900 Ranked #1452 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29371900 ranks #1452 out of 12657 HSN codes by total export value. Within Sub-Chapter 2937, it ranks #4 of 13. By trade surplus, it ranks #10793 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 29371900 Exports

The strongest single-year export movement for HSN Code 29371900 was recorded in FY 2020-21, when exports surged by 30.73% over the prior year.

India Records a Trade Deficit of ₹99.33 Crore in HSN Code 29371900 Goods

In FY 2024-25, India's imports of ₹396.65 Cr exceeded exports of ₹297.32 Cr, resulting in a trade deficit of ₹99.33 Crore — ranking #10793 of 12657 by surplus magnitude.

Import Growth of 26.30% CAGR Signals Rising Demand for Other Polypeptide/Protein/Glycoprotein Hormones

India's imports under HSN Code 29371900 have grown at 26.30% CAGR, reaching ₹396.65 Crore in FY 2024-25.

HSN Code 29371900 Contributes 10.87% of Sub-Chapter 2937 Exports — Ranked #4

Among the 13 HSN codes under Sub-Chapter 2937, HSN Code 29371900 ranks #4 by export value — accounting for 10.87% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 11.62% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29371900 and GST compliance.

What products are classified under HSN 29371900 ?

It includes Other Polypeptide/Protein/Glycoprotein Hormones

Can we claim ITC on inputs used to trade Other Polypeptide/Protein/Glycoprotein Hormones?

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 Other Polypeptide/Protein/Glycoprotein Hormones is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Polypeptide/Protein/Glycoprotein Hormones; Nil for exempt items if applicable).

How much GST applies to Other Polypeptide/Protein/Glycoprotein Hormones?

Under HSN 29371900, Other Polypeptide/Protein/Glycoprotein Hormones attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Other Polypeptide/Protein/Glycoprotein Hormones?

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 Other Polypeptide/Protein/Glycoprotein Hormones?

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.