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HSN Code 29372900: Other Steroidal Hormones, Their Derivatives and Structural Analogues

HSN Code 29372900 represents Other Steroidal Hormones, Their Derivatives and Structural Analogues under GST classification. This code helps businesses identify Other Steroidal Hormones, Their Derivatives and Structural Analogues correctly for billing, taxation, and trade. With HSN Code 29372900, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Steroidal Hormones, Their Derivatives and Structural Analogues.

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Description of Goods for HSN Code 29372900

HSN Code 29372900 relates to the following description.

Description of Goods

Steroidal hormones, their derivatives 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

2.5% or 9%

SGST

2.5% or 9%

IGST

5% or 18%

CESS

0%

5% for goods of this line supplied as drugs or bulk drugs (active pharmaceutical ingredients, APIs), including their salts and esters; 18% for other goods. CBIC has not yet clarified whether bulk drugs get the 5% rate; 2026 advance rulings of the Customs Authority for Advance Rulings (CAAR), Mumbai, allowed 5% on imported APIs. Source: Notification 9/2025-Central Tax (Rate), Schedule I, S. No. 226; Schedule II, S. No. 36.

What does HSN Code 29372900 not include?

Other Steroidal Hormones, Their Derivatives and Structural Analogues does not include products with the following descriptions.

HSN Code 29371100

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

HSN Code 29371200

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

HSN Code 29371900

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

HSN Code 29372100

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

HSN Code 29372200

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

HSN Code 29372300

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

HSN Code 29375000

Prostaglandins,thromboxanes, leukotrienes, their derivatives and structural analogues

HSN Code 29379011

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

HSN Code 29379019

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

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India’s Trade Performance — HSN Code 29372900 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹1,091 Cr

+10.15% vs FY 2024-25

0.0280% of India’s total exports

India’s Imports

FY 2025-26

₹919 Cr

+0.23% vs FY 2024-25

0.0134% of India’s total imports

Trade Balance

FY 2025-26

₹172 Cr

Trade Surplus

Surplus rank #1298 of 12872 HSN codes

% of Sub-Chapter 2937

FY 2025-26

37.40%

Share of Sub-Chapter 2937’s total exports in FY 2025-26

Import side: 24.85% of Sub-Chapter 2937’s imports

Rank Within Sub-Chapter 2937

FY 2025-26

#1 of 13

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

Import-side rank: #1 of 13

At a glance

8.14%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#541

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+13.20%

Peak Growth Year

FY 2020-21 · strongest single-year move

37.40%

Contribution to Sub-Ch. 2937

Share of Sub-Chapter 2937 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 29372900

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #520

Balance

+36.02

Exports

631.21 ₹ Cr

0.0276% share

— YoY

41.16% of Sub-Ch. 2937

Imports

595.19 ₹ Cr

0.0166% share

— YoY

26.67% of Sub-Ch. 2937

FY 2019-20 Exp. Rank #502

Balance

+161.82

Exports

663.83 ₹ Cr

0.0302% share

+5.17% YoY

38.79% of Sub-Ch. 2937

Imports

502.01 ₹ Cr

0.0150% share

−15.66% YoY

22.66% of Sub-Ch. 2937

FY 2020-21 Exp. Rank #469

Balance

+152.06

Exports

751.47 ₹ Cr

0.0349% share

+13.20% YoY

39.10% of Sub-Ch. 2937

Imports

599.41 ₹ Cr

0.0206% share

+19.40% YoY

27.42% of Sub-Ch. 2937

FY 2021-22 Exp. Rank #574

Balance

+53.96

Exports

775.30 ₹ Cr

0.0247% share

+3.17% YoY

40.07% of Sub-Ch. 2937

Imports

721.34 ₹ Cr

0.0158% share

+20.34% YoY

28.71% of Sub-Ch. 2937

FY 2022-23 Exp. Rank #577

Balance

+33.00

Exports

853.13 ₹ Cr

0.0236% share

+10.04% YoY

39.77% of Sub-Ch. 2937

Imports

820.13 ₹ Cr

0.0143% share

+13.70% YoY

27.56% of Sub-Ch. 2937

FY 2023-24 Exp. Rank #564

Balance

−199.21

Exports

889.52 ₹ Cr

0.0246% share

+4.27% YoY

34.85% of Sub-Ch. 2937

Imports

1,088.73 ₹ Cr

0.0194% share

+32.75% YoY

34.34% of Sub-Ch. 2937

FY 2024-25 Exp. Rank #532

Balance

+73.85

Exports

990.74 ₹ Cr

0.0269% share

+11.38% YoY

36.22% of Sub-Ch. 2937

Imports

916.89 ₹ Cr

0.0151% share

−15.78% YoY

26.87% of Sub-Ch. 2937

FY 2025-26 Exp. Rank #541

Balance

+172.31

Exports

1,091.30 ₹ Cr

0.0280% share

+10.15% YoY

37.40% of Sub-Ch. 2937

Imports

918.99 ₹ Cr

0.0134% share

+0.23% YoY

24.85% of Sub-Ch. 2937

CAGR · 8-Year

Exports

8.14% /yr

Imports

6.40% /yr

Consistently Surplus
Sub-Chapter 2937 total

reference, FY 2025-26

Export

₹2,917.75 Cr

Import

₹3,698.84 Cr

Trade Balance

−781.09

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

Key Trade Insights: HSN Code 29372900 Export-Import Analysis

Consistent Export Growth: 8.14% CAGR Over 8 Years

India's exports under HSN Code 29372900 have grown at a compound annual rate of 8.14% over 8 fiscal years, rising from ₹631.21 Crore in FY 2018-19 to ₹1,091.30 Crore in FY 2025-26.

HSN Code 29372900 Ranked #541 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 29372900 ranks #541 out of 12872 HSN codes by total export value. Within Sub-Chapter 2937, it ranks #1 of 13. By trade surplus, it ranks #1298 of 12872.

FY 2020-21 Was the Strongest Growth Year for HSN Code 29372900 Exports

The strongest single-year export movement for HSN Code 29372900 was recorded in FY 2020-21, when exports surged by 13.20% over the prior year.

India Maintains a Trade Surplus of ₹172.31 Crore in HSN Code 29372900 Goods

In FY 2025-26, India's exports of ₹1,091.30 Cr exceeded imports of ₹918.99 Cr, resulting in a trade surplus of ₹172.31 Crore — ranking #1298 of 12872 by surplus magnitude.

Import Growth of 6.40% CAGR Signals Stable Import Dependency for Other Steroidal Hormones, Their Derivatives and Structural Analogues

India's imports under HSN Code 29372900 have grown at 6.40% CAGR, reaching ₹918.99 Crore in FY 2025-26.

HSN Code 29372900 Contributes 37.40% of Sub-Chapter 2937 Exports — Ranked #1

Among the 13 HSN codes under Sub-Chapter 2937, HSN Code 29372900 ranks #1 by export value — accounting for 37.40% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 24.85% share (rank #1).

Frequently Asked Questions

Clear answers to common queries about HSN Code 29372900 and GST compliance.

What products are classified under HSN 29372900 ?

It includes Other Steroidal Hormones, Their Derivatives and Structural Analogues

Can we claim ITC on inputs used to trade Other Steroidal Hormones, Their Derivatives and Structural Analogues?

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 Steroidal Hormones, Their Derivatives and Structural Analogues?

Under HSN 29372900, Other Steroidal Hormones, Their Derivatives and Structural Analogues attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Other Steroidal Hormones, Their Derivatives and Structural Analogues?

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

Do e‑way bill and e‑invoice apply for Other Steroidal Hormones, Their Derivatives and Structural Analogues?

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.

Does packaging or labelling change the GST for Other Steroidal Hormones, Their Derivatives and Structural Analogues?

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.

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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.