HSN Code 29381000: Rutoside (Rutin) And Its Derivatives
HSN Code 29381000 represents Rutoside (Rutin) And Its Derivatives under GST classification. This code helps businesses identify Rutoside (Rutin) And Its Derivatives correctly for billing, taxation, and trade. With HSN Code 29381000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Rutoside (Rutin) And Its Derivatives.
Experience the power of Expert Accounting
Join our guided walkthrough to see how BUSY can transform your business operations.
Description of Goods for HSN Code 29381000
HSN Code 29381000 relates to the following description.
What does HSN Code 29381000 not include?
Rutoside (Rutin) And Its Derivatives does not include products with the following descriptions.
Other :Digoxin
Other :Digitalis glycosides
Other :Other
India’s Trade Performance — HSN Code 29381000 in FY 2024-25
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹39 Cr
0.0006% of India’s total imports
Trade Balance
FY 2024-25−₹38 Cr
Surplus rank #10042 of 12657 HSN codes
% of Sub-Chapter 2938
FY 2024-250.03%
Share of Sub-Chapter 2938’s total exports in FY 2024-25
Import side: 5.56% of Sub-Chapter 2938’s imports
Rank Within Sub-Chapter 2938
FY 2024-25#3 of 4
Position by export value among HSN codes in Sub-Chapter 2938
Import-side rank: #2 of 4
At a glance
−46.42%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#9570
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+364.00%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.03%
Contribution to Sub-Ch. 2938
Share of Sub-Chapter 2938 exports in FY 2024-25
India Export-Import Trade Statistics for 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.
Balance
−17.10
Exports
6.34 ₹ Cr
0.0003% share
— YoY
2.26% of Sub-Ch. 2938
Imports
23.44 ₹ Cr
0.0007% share
— YoY
4.54% of Sub-Ch. 2938
Balance
−26.82
Exports
2.75 ₹ Cr
0.0001% share
−56.62% YoY
1.63% of Sub-Ch. 2938
Imports
29.57 ₹ Cr
0.0009% share
+26.15% YoY
6.22% of Sub-Ch. 2938
Balance
−4.96
Exports
5.37 ₹ Cr
0.0002% share
+95.27% YoY
2.37% of Sub-Ch. 2938
Imports
10.33 ₹ Cr
0.0004% share
−65.07% YoY
1.94% of Sub-Ch. 2938
Balance
−46.98
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−95.34% YoY
0.09% of Sub-Ch. 2938
Imports
47.23 ₹ Cr
0.0010% share
+357.21% YoY
10.09% of Sub-Ch. 2938
Balance
−50.99
Exports
1.16 ₹ Cr
0.0000% share
+364.00% YoY
0.34% of Sub-Ch. 2938
Imports
52.15 ₹ Cr
0.0009% share
+10.42% YoY
8.72% of Sub-Ch. 2938
Balance
−30.70
Exports
3.52 ₹ Cr
0.0001% share
+203.45% YoY
0.83% of Sub-Ch. 2938
Imports
34.22 ₹ Cr
0.0006% share
−34.38% YoY
5.31% of Sub-Ch. 2938
Balance
−38.46
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−95.74% YoY
0.03% of Sub-Ch. 2938
Imports
38.61 ₹ Cr
0.0006% share
+12.83% YoY
5.56% of Sub-Ch. 2938
CAGR · 7-Year
Exports
−46.42% /yr
Imports
8.67% /yr
reference, FY 2024-25
Export
₹438.20 Cr
Import
₹693.93 Cr
Trade Balance
−255.73
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).
Stop worrying about
HSN & TAX compliance
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Frequently Asked Questions
Clear answers to common queries about HSN Code 29381000 and GST compliance.
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.