--- title: "HSN Code for Alkaloid of cinchona, Quinine alkaloids | HSN 29392010 GST Rate" description: "Find HSN and GST Rates for 29392010 related to Alkaloid of cinchona, Quinine alkaloids with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29392010/" --- # HSN Code 29392010: Alkaloid of cinchona, Quinine alkaloids - [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 2939: Vegetable alkaloids & derivatives](https://busy.in/hsn/sub-chapter-2939/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Alkaloid of cinchona and their derivatives; salts thereof:Quinine alkaloids | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29392010 ? It includes Alkaloid of cinchona, Quinine alkaloids ### How much GST applies to Alkaloid of cinchona, Quinine alkaloids? Under HSN 29392010, Alkaloid of cinchona, Quinine alkaloids attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Alkaloid of cinchona, Quinine alkaloids? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Alkaloid of cinchona, Quinine alkaloids? 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 should mixed supplies be billed when Alkaloid of cinchona, Quinine alkaloids is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Alkaloid of cinchona, Quinine alkaloids; Nil for exempt items if applicable). ### Any common misclassification issue with Alkaloid of cinchona, Quinine alkaloids? 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 29392010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: Nil — 0.0000% of India's total exports - Imports: ₹6 Cr (+826.23% YoY) — 0.0001% of India's total imports - Trade balance: −₹6 Cr (Deficit); surplus rank #8686 of 12657 HSN codes - Share of Sub-Chapter 2939: 0.00% of its exports; import side 0.48% ### Key metrics - Peak growth year: −100.00% in FY 2019-20 - Contribution to Sub-Ch. 2939: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29392010 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. 2939 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2939 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.02% | < ₹1 Crore | 0.0000% | — | 0.05% | +0.15 | #8468 | | FY 2019-20 | Nil | 0.0000% | −100.00% | 0.00% | < ₹1 Crore | 0.0000% | +122.22% | 0.10% | −0.40 | — | | FY 2020-21 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | +147.50% | 0.26% | −0.99 | — | | FY 2021-22 | Nil | 0.0000% | — | 0.00% | 1.51 | 0.0000% | +52.53% | 0.33% | −1.51 | — | | FY 2022-23 | Nil | 0.0000% | — | 0.00% | 1.13 | 0.0000% | −25.17% | 0.16% | −1.13 | — | | FY 2023-24 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | −46.02% | 0.08% | −0.61 | — | | FY 2024-25 | Nil | 0.0000% | — | 0.00% | 5.65 | 0.0001% | +826.23% | 0.48% | −5.65 | — | - CAGR (7-year): exports —/yr, imports 77.61%/yr (consistently Deficit) ## Key trade insights: HSN Code 29392010 export-import analysis ### Export snapshot for HSN Code 29392010 India exported ₹0.00 Crore worth of Alkaloid of cinchona, Quinine alkaloids in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### FY 2019-20 was the strongest growth year for HSN Code 29392010 exports The strongest single-year export movement for HSN Code 29392010 was recorded in FY 2019-20, when exports declined by 100.00% over the prior year. ### India records a trade deficit of ₹5.65 Crore in HSN Code 29392010 goods In FY 2024-25, India's imports of ₹5.65 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹5.65 Crore — ranking #8686 of 12657 by surplus magnitude. ### Import growth of 77.61% CAGR signals rising demand for Alkaloid of cinchona, Quinine alkaloids India's imports under HSN Code 29392010 have grown at 77.61% CAGR, reaching ₹5.65 Crore in FY 2024-25. ## Related HSN Codes in Sub-Chapter 2939 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 29397900: Other, Of Vegetal Origin\| Other](https://busy.in/hsn/hsn-29397900/) | ₹1,006 Cr | | #2 | [HSN Code 29393000: Caffeine and its salts](https://busy.in/hsn/hsn-29393000/) | ₹504 Cr | | #3 | [HSN Code 29395900: Other Heterocyclic Polycyclic Compounds](https://busy.in/hsn/hsn-29395900/) | ₹310 Cr | | #4 | [HSN Code 29391900: Vegetable Alkaloids & Derivatives](https://busy.in/hsn/hsn-29391900/) | ₹268 Cr | | #5 | [HSN Code 29394200: Alkaloids of ephedra, Pseudoephedrine (INN)](https://busy.in/hsn/hsn-29394200/) | ₹238 Cr | | #6 | [HSN Code 29398000: Other Synthesis Alkaloid Compounds](https://busy.in/hsn/hsn-29398000/) | ₹141 Cr | | #7 | [HSN Code 29392090: Cinchona alkaloids](https://busy.in/hsn/hsn-29392090/) | ₹71 Cr | | #8 | [HSN Code 29396900: Alkaloids](https://busy.in/hsn/hsn-29396900/) | ₹24 Cr | | #9 | [HSN Code 29394900: Alkaloids of ephedra, derivatives](https://busy.in/hsn/hsn-29394900/) | ₹24 Cr | | #10 | [HSN Code 29394400: Alkaloids of ephedra, Norephedrine and its salts](https://busy.in/hsn/hsn-29394400/) | ₹24 Cr | | — | HSN Code 29392010: Alkaloid of cinchona, Quinine alkaloids (this hsn code) | Nil |