--- title: "HSN Code for Other Glycosides and Their Derivatives | HSN 29389090 GST Rate" description: "Find HSN and GST Rates for 29389090 related to Other Glycosides and Their Derivatives with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29389090/" --- # HSN Code 29389090: Other Glycosides and Their 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 | | --- | --- | --- | --- | --- | | Other :Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29389090 ? It includes Other Glycosides and Their Derivatives ### Can we claim ITC on inputs used to trade Other Glycosides and Their Derivatives? 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 Other Glycosides and Their Derivatives is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Glycosides and Their Derivatives; Nil for exempt items if applicable). ### How much GST applies to Other Glycosides and Their Derivatives? Under HSN 29389090, Other Glycosides and Their Derivatives attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Other Glycosides and Their Derivatives? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Does packaging or labelling change the GST for Other Glycosides and Their Derivatives? 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. ## India's trade performance: HSN Code 29389090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹422 Cr (+5.43% YoY) — 0.0115% of India's total exports - Imports: ₹654 Cr (+7.28% YoY) — 0.0108% of India's total imports - Trade balance: −₹232 Cr (Deficit); surplus rank #11414 of 12657 HSN codes - Share of Sub-Chapter 2938: 96.40% of its exports; import side 94.30% - Rank within Sub-Chapter 2938: #1 of 4 by export value; import-side #1 ### Key metrics - Export CAGR: 8.22% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1143 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +34.69% in FY 2020-21 - Contribution to Sub-Ch. 2938: 96.40% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29389090 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 | 262.95 | 0.0115% | — | 93.69% | 480.95 | 0.0134% | — | 93.25% | −218.00 | #1085 | | FY 2019-20 | 150.48 | 0.0068% | −42.77% | 89.27% | 436.89 | 0.0131% | −9.16% | 91.96% | −286.41 | #1577 | | FY 2020-21 | 202.68 | 0.0094% | +34.69% | 89.57% | 520.21 | 0.0179% | +19.07% | 97.56% | −317.53 | #1346 | | FY 2021-22 | 264.06 | 0.0084% | +30.28% | 92.92% | 420.51 | 0.0092% | −19.17% | 89.85% | −156.45 | #1377 | | FY 2022-23 | 326.08 | 0.0090% | +23.49% | 94.83% | 544.31 | 0.0095% | +29.44% | 91.05% | −218.23 | #1257 | | FY 2023-24 | 400.68 | 0.0111% | +22.88% | 94.70% | 609.96 | 0.0109% | +12.06% | 94.59% | −209.28 | #1135 | | FY 2024-25 | 422.44 | 0.0115% | +5.43% | 96.40% | 654.38 | 0.0108% | +7.28% | 94.30% | −231.94 | #1143 | - CAGR (7-year): exports 8.22%/yr, imports 5.27%/yr (consistently Deficit) ## Key trade insights: HSN Code 29389090 export-import analysis ### Consistent export growth: 8.22% CAGR over 7 years India's exports under HSN Code 29389090 have grown at a compound annual rate of 8.22% over 7 fiscal years, rising from ₹262.95 Crore in FY 2018-19 to ₹422.44 Crore in FY 2024-25. ### HSN Code 29389090 ranked #1143 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29389090 ranks #1143 out of 12657 HSN codes by total export value. Within Sub-Chapter 2938, it ranks #1 of 4. By trade surplus, it ranks #11414 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 29389090 exports The strongest single-year export movement for HSN Code 29389090 was recorded in FY 2020-21, when exports surged by 34.69% over the prior year. ### India records a trade deficit of ₹231.94 Crore in HSN Code 29389090 goods In FY 2024-25, India's imports of ₹654.38 Cr exceeded exports of ₹422.44 Cr, resulting in a trade deficit of ₹231.94 Crore — ranking #11414 of 12657 by surplus magnitude. ### Import growth of 5.27% CAGR signals stable import dependency for Other Glycosides and Their Derivatives India's imports under HSN Code 29389090 have grown at 5.27% CAGR, reaching ₹654.38 Crore in FY 2024-25. ### HSN Code 29389090 contributes 96.40% of Sub-Chapter 2938 exports — ranked #1 Among the 4 HSN codes under Sub-Chapter 2938, HSN Code 29389090 ranks #1 by export value — accounting for 96.40% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 94.30% share (rank #1). ## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-29381000/) | < ₹1 Crore | | — | [HSN Code 29389020: Other \| Digitalis Glycosides](https://busy.in/hsn/hsn-29389020/) | Nil |