---
title: "HSN Code for Halogenated Corticosteroidal Hormones | HSN 29372200 GST Rate"
description: "Find HSN and GST Rates for 29372200 related to Halogenated Corticosteroidal Hormones with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-29372200/"
---

# HSN Code 29372200: Halogenated Corticosteroidal Hormones

- [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 2937: Hormones & derivatives, synthesized](https://busy.in/hsn/sub-chapter-2937/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Steroidal hormones, their derivatives and structural analogues :Halogenated derivatives of corticosteroidal harmones | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 29372200 ?

It includes Halogenated Corticosteroidal Hormones

### Does packaging or labelling change the GST for Halogenated Corticosteroidal 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.

### Can we claim ITC on inputs used to trade Halogenated Corticosteroidal 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 Halogenated Corticosteroidal Hormones is sold with other items?

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

### How much GST applies to Halogenated Corticosteroidal Hormones?

Under HSN 29372200, Halogenated Corticosteroidal Hormones attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Do e‑way bill and e‑invoice apply for Halogenated Corticosteroidal Hormones?

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.

### Any common misclassification issue with Halogenated Corticosteroidal Hormones?

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

## India's trade performance: HSN Code 29372200 (FY 2024-25)

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

- Exports: ₹322 Cr (+16.59% YoY) — 0.0087% of India's total exports
- Imports: ₹236 Cr (+22.83% YoY) — 0.0039% of India's total imports
- Trade balance: ₹86 Cr (Surplus); surplus rank #1710 of 12657 HSN codes
- Share of Sub-Chapter 2937: 11.76% of its exports; import side 6.91%
- Rank within Sub-Chapter 2937: #3 of 13 by export value; import-side #7

### Key metrics

- Export CAGR: 0.88% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #1369 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +34.93% in FY 2023-24
- Contribution to Sub-Ch. 2937: 11.76% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 29372200

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. 2937 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2937 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 305.14 | 0.0134% | — | 19.90% | 90.75 | 0.0025% | — | 4.07% | +214.39 | #975 |
| FY 2019-20 | 306.60 | 0.0139% | +0.48% | 17.92% | 99.50 | 0.0030% | +9.64% | 4.49% | +207.10 | #971 |
| FY 2020-21 | 323.29 | 0.0150% | +5.44% | 16.82% | 166.63 | 0.0057% | +67.47% | 7.62% | +156.66 | #958 |
| FY 2021-22 | 216.99 | 0.0069% | −32.88% | 11.22% | 174.82 | 0.0038% | +4.92% | 6.96% | +42.17 | #1576 |
| FY 2022-23 | 204.43 | 0.0056% | −5.79% | 9.53% | 246.20 | 0.0043% | +40.83% | 8.27% | −41.77 | #1715 |
| FY 2023-24 | 275.83 | 0.0076% | +34.93% | 10.81% | 191.99 | 0.0034% | −22.02% | 6.06% | +83.84 | #1457 |
| FY 2024-25 | 321.59 | 0.0087% | +16.59% | 11.76% | 235.82 | 0.0039% | +22.83% | 6.91% | +85.77 | #1369 |

- CAGR (7-year): exports 0.88%/yr, imports 17.25%/yr (consistently Surplus)

## Key trade insights: HSN Code 29372200 export-import analysis

### Consistent export growth: 0.88% CAGR over 7 years

India's exports under HSN Code 29372200 have grown at a compound annual rate of 0.88% over 7 fiscal years, rising from ₹305.14 Crore in FY 2018-19 to ₹321.59 Crore in FY 2024-25.

### HSN Code 29372200 ranked #1369 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 29372200 ranks #1369 out of 12657 HSN codes by total export value. Within Sub-Chapter 2937, it ranks #3 of 13. By trade surplus, it ranks #1710 of 12657.

### FY 2023-24 was the strongest growth year for HSN Code 29372200 exports

The strongest single-year export movement for HSN Code 29372200 was recorded in FY 2023-24, when exports surged by 34.93% over the prior year.

### India maintains a trade surplus of ₹85.77 Crore in HSN Code 29372200 goods

In FY 2024-25, India's exports of ₹321.59 Cr exceeded imports of ₹235.82 Cr, resulting in a trade surplus of ₹85.77 Crore — ranking #1710 of 12657 by surplus magnitude.

### Import growth of 17.25% CAGR signals rising demand for Halogenated Corticosteroidal Hormones

India's imports under HSN Code 29372200 have grown at 17.25% CAGR, reaching ₹235.82 Crore in FY 2024-25.

### HSN Code 29372200 contributes 11.76% of Sub-Chapter 2937 exports — ranked #3

Among the 13 HSN codes under Sub-Chapter 2937, HSN Code 29372200 ranks #3 by export value — accounting for 11.76% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 6.91% share (rank #7).

## Related HSN Codes in Sub-Chapter 2937

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 29372900: Steroidal hormones, their derivatives and structural analogues : Other](https://busy.in/hsn/hsn-29372900/) | ₹991 Cr |
| #2 | [HSN Code 29371200: Insulin and Salts](https://busy.in/hsn/hsn-29371200/) | ₹342 Cr |
| #3 | HSN Code 29372200: Halogenated Corticosteroidal Hormones (this hsn code) | ₹322 Cr |
| #4 | [HSN Code 29371900: Other Polypeptide/Protein/Glycoprotein Hormones](https://busy.in/hsn/hsn-29371900/) | ₹297 Cr |
| #5 | [HSN Code 29372300: Oestrogens & Progestogens](https://busy.in/hsn/hsn-29372300/) | ₹234 Cr |
| #6 | [HSN Code 29379090: Hormones, Prostaglandins & Leukotrienes](https://busy.in/hsn/hsn-29379090/) | ₹205 Cr |
| #7 | [HSN Code 29379020: Other\| Amino-Acid Derivatives](https://busy.in/hsn/hsn-29379020/) | ₹201 Cr |
| #8 | [HSN Code 29372100: Sterile Laminaria/Haemostatics/Adhesion Barriers](https://busy.in/hsn/hsn-29372100/) | ₹106 Cr |
| #9 | [HSN Code 29375000: Prostaglandins/Thromboxanes/Leukotrienes](https://busy.in/hsn/hsn-29375000/) | ₹23 Cr |
| #10 | [HSN Code 29379019: Catecholamine Hormones and Analogues: Other](https://busy.in/hsn/hsn-29379019/) | ₹12 Cr |