---
title: "HSN Code for Oestrogens & Progestogens | HSN 29372300 GST Rate"
description: "Find HSN and GST Rates for 29372300 related to Oestrogens & Progestogens with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-29372300/"
---

# HSN Code 29372300: Oestrogens & Progestogens

- [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 :Oestrogens and progestogens | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 29372300 ?

It includes Oestrogens & Progestogens

### Does packaging or labelling change the GST for Oestrogens & Progestogens?

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 Oestrogens & Progestogens?

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

### Can we claim ITC on inputs used to trade Oestrogens & Progestogens?

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 Oestrogens & Progestogens is sold with other items?

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

### Do e‑way bill and e‑invoice apply for Oestrogens & Progestogens?

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.

### How much GST applies to Oestrogens & Progestogens?

Under HSN 29372300, Oestrogens & Progestogens attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 29372300 (FY 2024-25)

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

- Exports: ₹234 Cr (+37.76% YoY) — 0.0064% of India's total exports
- Imports: ₹544 Cr (+19.49% YoY) — 0.0089% of India's total imports
- Trade balance: −₹309 Cr (Deficit); surplus rank #11606 of 12657 HSN codes
- Share of Sub-Chapter 2937: 8.56% of its exports; import side 15.93%
- Rank within Sub-Chapter 2937: #5 of 13 by export value; import-side #2

### Key metrics

- Export CAGR: 58.03% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #1675 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +211.47% in FY 2020-21
- Contribution to Sub-Ch. 2937: 8.56% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 29372300

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 | 15.04 | 0.0007% | — | 0.98% | 318.30 | 0.0089% | — | 14.26% | −303.26 | #4471 |
| FY 2019-20 | 21.63 | 0.0010% | +43.82% | 1.26% | 425.74 | 0.0127% | +33.75% | 19.22% | −404.11 | #4005 |
| FY 2020-21 | 67.37 | 0.0031% | +211.47% | 3.51% | 417.36 | 0.0143% | −1.97% | 19.09% | −349.99 | #2527 |
| FY 2021-22 | 54.72 | 0.0017% | −18.78% | 2.83% | 351.31 | 0.0077% | −15.83% | 13.98% | −296.59 | #3244 |
| FY 2022-23 | 91.74 | 0.0025% | +67.65% | 4.28% | 371.58 | 0.0065% | +5.77% | 12.48% | −279.84 | #2651 |
| FY 2023-24 | 170.03 | 0.0047% | +85.34% | 6.66% | 455.03 | 0.0081% | +22.46% | 14.35% | −285.00 | #1961 |
| FY 2024-25 | 234.23 | 0.0064% | +37.76% | 8.56% | 543.71 | 0.0089% | +19.49% | 15.93% | −309.48 | #1675 |

- CAGR (7-year): exports 58.03%/yr, imports 9.33%/yr (consistently Deficit)

## Key trade insights: HSN Code 29372300 export-import analysis

### Consistent export growth: 58.03% CAGR over 7 years

India's exports under HSN Code 29372300 have grown at a compound annual rate of 58.03% over 7 fiscal years, rising from ₹15.04 Crore in FY 2018-19 to ₹234.23 Crore in FY 2024-25.

### HSN Code 29372300 ranked #1675 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 29372300 ranks #1675 out of 12657 HSN codes by total export value. Within Sub-Chapter 2937, it ranks #5 of 13. By trade surplus, it ranks #11606 of 12657.

### FY 2020-21 was the strongest growth year for HSN Code 29372300 exports

The strongest single-year export movement for HSN Code 29372300 was recorded in FY 2020-21, when exports surged by 211.47% over the prior year.

### India records a trade deficit of ₹309.48 Crore in HSN Code 29372300 goods

In FY 2024-25, India's imports of ₹543.71 Cr exceeded exports of ₹234.23 Cr, resulting in a trade deficit of ₹309.48 Crore — ranking #11606 of 12657 by surplus magnitude.

### Import growth of 9.33% CAGR signals stable import dependency for Oestrogens & Progestogens

India's imports under HSN Code 29372300 have grown at 9.33% CAGR, reaching ₹543.71 Crore in FY 2024-25.

### HSN Code 29372300 contributes 8.56% of Sub-Chapter 2937 exports — ranked #5

Among the 13 HSN codes under Sub-Chapter 2937, HSN Code 29372300 ranks #5 by export value — accounting for 8.56% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 15.93% share (rank #2).

## 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](https://busy.in/hsn/hsn-29372200/) | ₹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 (this hsn code) | ₹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 |