---
title: "HSN Code for Alkaloid of cinchona, Chloroquine phosphate | HSN 29392040 GST Rate"
description: "Find HSN and GST Rates for 29392040 related to Alkaloid of cinchona, Chloroquine phosphate with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-29392040/"
---

# HSN Code 29392040: Alkaloid of cinchona, Chloroquine phosphate

- [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: Chloroquine phosphate | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 29392040 ?

It includes Alkaloid of cinchona, Chloroquine phosphate

### Any common misclassification issue with Alkaloid of cinchona, Chloroquine phosphate?

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

### How much GST applies to Alkaloid of cinchona, Chloroquine phosphate?

Under HSN 29392040, Alkaloid of cinchona, Chloroquine phosphate attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Does packaging or labelling change the GST for Alkaloid of cinchona, Chloroquine phosphate?

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.

### Do e‑way bill and e‑invoice apply for Alkaloid of cinchona, Chloroquine phosphate?

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, Chloroquine phosphate 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, Chloroquine phosphate; Nil for exempt items if applicable).

### Can we claim ITC on inputs used to trade Alkaloid of cinchona, Chloroquine phosphate?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

## India's trade performance: HSN Code 29392040 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹14 Cr (−9.09% YoY) — 0.0004% of India's total exports
- Imports: Nil — 0.0000% of India's total imports
- Trade balance: ₹14 Cr (Surplus); surplus rank #3087 of 12657 HSN codes
- Share of Sub-Chapter 2939: 0.52% of its exports; import side 0.00%
- Rank within Sub-Chapter 2939: #14 of 41 by export value

### Key metrics

- Export CAGR: -8.86% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #5368 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +105.08% in FY 2020-21
- Contribution to Sub-Ch. 2939: 0.52% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 29392040

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 | 24.26 | 0.0011% | — | 1.56% | Nil | 0.0000% | — | 0.00% | +24.26 | #3856 |
| FY 2019-20 | 34.22 | 0.0016% | +41.06% | 2.06% | 1.16 | 0.0000% | — | 0.30% | +33.06 | #3419 |
| FY 2020-21 | 70.18 | 0.0033% | +105.08% | 3.95% | < ₹1 Crore | 0.0000% | −97.41% | 0.01% | +70.15 | #2467 |
| FY 2021-22 | 15.66 | 0.0005% | −77.69% | 0.75% | 7.41 | 0.0002% | +24,600.00% | 1.61% | +8.25 | #4922 |
| FY 2022-23 | 12.87 | 0.0004% | −17.82% | 0.53% | 1.67 | 0.0000% | −77.46% | 0.24% | +11.20 | #5307 |
| FY 2023-24 | 15.29 | 0.0004% | +18.80% | 0.66% | Nil | 0.0000% | −100.00% | 0.00% | +15.29 | #5141 |
| FY 2024-25 | 13.90 | 0.0004% | −9.09% | 0.52% | Nil | 0.0000% | — | 0.00% | +13.90 | #5368 |

- CAGR (7-year): exports -8.86%/yr, imports —/yr (consistently Surplus)

## Key trade insights: HSN Code 29392040 export-import analysis

### Export decline: -8.86% CAGR over 7 years

India's exports under HSN Code 29392040 have declined at a compound annual rate of -8.86% over 7 fiscal years, falling from ₹24.26 Crore in FY 2018-19 to ₹13.90 Crore in FY 2024-25.

### HSN Code 29392040 ranked #5368 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 29392040 ranks #5368 out of 12657 HSN codes by total export value. Within Sub-Chapter 2939, it ranks #14 of 41. By trade surplus, it ranks #3087 of 12657.

### FY 2020-21 was the strongest growth year for HSN Code 29392040 exports

The strongest single-year export movement for HSN Code 29392040 was recorded in FY 2020-21, when exports surged by 105.08% over the prior year.

### India maintains a trade surplus of ₹13.90 Crore in HSN Code 29392040 goods

In FY 2024-25, India's exports of ₹13.90 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹13.90 Crore — ranking #3087 of 12657 by surplus magnitude.

### HSN Code 29392040 contributes 0.52% of Sub-Chapter 2939 exports — ranked #14

Among the 41 HSN codes under Sub-Chapter 2939, HSN Code 29392040 ranks #14 by export value — accounting for 0.52% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

## 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 |
| #14 | HSN Code 29392040: Alkaloid of cinchona, Chloroquine phosphate (this hsn code) | ₹14 Cr |