--- title: "HSN Code for Rutoside (Rutin) And Its Derivatives | HSN 29381000 GST Rate" description: "Find HSN and GST Rates for 29381000 related to Rutoside (Rutin) And Its Derivatives with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29381000/" --- # HSN Code 29381000: Rutoside (Rutin) And Its Derivatives - [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 2938: Natural glycosides & derivatives](https://busy.in/hsn/sub-chapter-2938/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Rutoside (rutin) and its derivatives | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29381000 ? It includes Rutoside (Rutin) And Its Derivatives ### How much GST applies to Rutoside (Rutin) And Its Derivatives? Under HSN 29381000, Rutoside (Rutin) And Its Derivatives attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Rutoside (Rutin) And Its Derivatives is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Rutoside (Rutin) And Its Derivatives; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Rutoside (Rutin) And Its Derivatives? 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. ### Can we claim ITC on inputs used to trade Rutoside (Rutin) And Its Derivatives? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Any common misclassification issue with Rutoside (Rutin) And Its Derivatives? 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 29381000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−95.74% YoY) — 0.0000% of India's total exports - Imports: ₹39 Cr (+12.83% YoY) — 0.0006% of India's total imports - Trade balance: −₹38 Cr (Deficit); surplus rank #10042 of 12657 HSN codes - Share of Sub-Chapter 2938: 0.03% of its exports; import side 5.56% - Rank within Sub-Chapter 2938: #3 of 4 by export value; import-side #2 ### Key metrics - Export CAGR: -46.42% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9570 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +364.00% in FY 2022-23 - Contribution to Sub-Ch. 2938: 0.03% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29381000 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. 2938 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2938 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 6.34 | 0.0003% | — | 2.26% | 23.44 | 0.0007% | — | 4.54% | −17.10 | #5562 | | FY 2019-20 | 2.75 | 0.0001% | −56.62% | 1.63% | 29.57 | 0.0009% | +26.15% | 6.22% | −26.82 | #6579 | | FY 2020-21 | 5.37 | 0.0002% | +95.27% | 2.37% | 10.33 | 0.0004% | −65.07% | 1.94% | −4.96 | #5857 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −95.34% | 0.09% | 47.23 | 0.0010% | +357.21% | 10.09% | −46.98 | #9054 | | FY 2022-23 | 1.16 | 0.0000% | +364.00% | 0.34% | 52.15 | 0.0009% | +10.42% | 8.72% | −50.99 | #7978 | | FY 2023-24 | 3.52 | 0.0001% | +203.45% | 0.83% | 34.22 | 0.0006% | −34.38% | 5.31% | −30.70 | #6969 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −95.74% | 0.03% | 38.61 | 0.0006% | +12.83% | 5.56% | −38.46 | #9570 | - CAGR (7-year): exports -46.42%/yr, imports 8.67%/yr (consistently Deficit) ## Key trade insights: HSN Code 29381000 export-import analysis ### Export decline: -46.42% CAGR over 7 years India's exports under HSN Code 29381000 have declined at a compound annual rate of -46.42% over 7 fiscal years, falling from ₹6.34 Crore in FY 2018-19 to ₹0.15 Crore in FY 2024-25. ### HSN Code 29381000 ranked #9570 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29381000 ranks #9570 out of 12657 HSN codes by total export value. Within Sub-Chapter 2938, it ranks #3 of 4. By trade surplus, it ranks #10042 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 29381000 exports The strongest single-year export movement for HSN Code 29381000 was recorded in FY 2022-23, when exports surged by 364.00% over the prior year. ### India records a trade deficit of ₹38.46 Crore in HSN Code 29381000 goods In FY 2024-25, India's imports of ₹38.61 Cr exceeded exports of ₹0.15 Cr, resulting in a trade deficit of ₹38.46 Crore — ranking #10042 of 12657 by surplus magnitude. ### Import growth of 8.67% CAGR signals stable import dependency for Rutoside (Rutin) And Its Derivatives India's imports under HSN Code 29381000 have grown at 8.67% CAGR, reaching ₹38.61 Crore in FY 2024-25. ### HSN Code 29381000 contributes 0.03% of Sub-Chapter 2938 exports — ranked #3 Among the 4 HSN codes under Sub-Chapter 2938, HSN Code 29381000 ranks #3 by export value — accounting for 0.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.56% share (rank #2). ## Related HSN Codes in Sub-Chapter 2938 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 29389090: Other Glycosides and Their Derivatives](https://busy.in/hsn/hsn-29389090/) | ₹422 Cr | | #2 | [HSN Code 29389010: Other \|Digoxin](https://busy.in/hsn/hsn-29389010/) | ₹16 Cr | | #3 | HSN Code 29381000: Rutoside (Rutin) And Its Derivatives (this hsn code) | < ₹1 Crore | | — | [HSN Code 29389020: Other \| Digitalis Glycosides](https://busy.in/hsn/hsn-29389020/) | Nil |