--- title: "HSN Code for Other Synthesis Alkaloid Compounds | HSN 29398000 GST Rate" description: "Find HSN and GST Rates for 29398000 related to Other Synthesis Alkaloid Compounds with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29398000/" --- # HSN Code 29398000: Other Synthesis Alkaloid Compounds - [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 | | --- | --- | --- | --- | --- | | Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29398000 ? It includes Other Synthesis Alkaloid Compounds ### Can we claim ITC on inputs used to trade Other Synthesis Alkaloid Compounds? 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 Other Synthesis Alkaloid Compounds? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Other Synthesis Alkaloid Compounds? 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 Other Synthesis Alkaloid Compounds is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Synthesis Alkaloid Compounds; Nil for exempt items if applicable). ### How much GST applies to Other Synthesis Alkaloid Compounds? Under HSN 29398000, Other Synthesis Alkaloid Compounds attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Other Synthesis Alkaloid Compounds? 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 29398000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹141 Cr (−22.59% YoY) — 0.0038% of India's total exports - Imports: ₹73 Cr (+113.79% YoY) — 0.0012% of India's total imports - Trade balance: ₹68 Cr (Surplus); surplus rank #1910 of 12657 HSN codes - Share of Sub-Chapter 2939: 5.22% of its exports; import side 6.19% - Rank within Sub-Chapter 2939: #6 of 41 by export value; import-side #4 ### Key metrics - Export CAGR: 65.50% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2236 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +706.81% in FY 2021-22 - Contribution to Sub-Ch. 2939: 5.22% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29398000 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 | 6.85 | 0.0003% | — | 0.44% | 24.69 | 0.0007% | — | 7.21% | −17.84 | #5454 | | FY 2019-20 | 11.79 | 0.0005% | +72.12% | 0.71% | 20.13 | 0.0006% | −18.47% | 5.19% | −8.34 | #4789 | | FY 2020-21 | 7.64 | 0.0004% | −35.20% | 0.43% | 21.73 | 0.0007% | +7.95% | 5.61% | −14.09 | #5405 | | FY 2021-22 | 61.64 | 0.0020% | +706.81% | 2.94% | 19.90 | 0.0004% | −8.42% | 4.33% | +41.74 | #3074 | | FY 2022-23 | 143.22 | 0.0040% | +132.35% | 5.87% | 82.74 | 0.0014% | +315.78% | 11.68% | +60.48 | #2110 | | FY 2023-24 | 181.83 | 0.0050% | +26.96% | 7.79% | 33.93 | 0.0006% | −58.99% | 4.56% | +147.90 | #1876 | | FY 2024-25 | 140.75 | 0.0038% | −22.59% | 5.22% | 72.54 | 0.0012% | +113.79% | 6.19% | +68.21 | #2236 | - CAGR (7-year): exports 65.50%/yr, imports 19.68%/yr (consistently Surplus) ## Key trade insights: HSN Code 29398000 export-import analysis ### Consistent export growth: 65.50% CAGR over 7 years India's exports under HSN Code 29398000 have grown at a compound annual rate of 65.50% over 7 fiscal years, rising from ₹6.85 Crore in FY 2018-19 to ₹140.75 Crore in FY 2024-25. ### HSN Code 29398000 ranked #2236 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29398000 ranks #2236 out of 12657 HSN codes by total export value. Within Sub-Chapter 2939, it ranks #6 of 41. By trade surplus, it ranks #1910 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 29398000 exports The strongest single-year export movement for HSN Code 29398000 was recorded in FY 2021-22, when exports surged by 706.81% over the prior year. ### India maintains a trade surplus of ₹68.21 Crore in HSN Code 29398000 goods In FY 2024-25, India's exports of ₹140.75 Cr exceeded imports of ₹72.54 Cr, resulting in a trade surplus of ₹68.21 Crore — ranking #1910 of 12657 by surplus magnitude. ### Import growth of 19.68% CAGR signals rising demand for Other Synthesis Alkaloid Compounds India's imports under HSN Code 29398000 have grown at 19.68% CAGR, reaching ₹72.54 Crore in FY 2024-25. ### HSN Code 29398000 contributes 5.22% of Sub-Chapter 2939 exports — ranked #6 Among the 41 HSN codes under Sub-Chapter 2939, HSN Code 29398000 ranks #6 by export value — accounting for 5.22% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 6.19% share (rank #4). ## 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 (this hsn code) | ₹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 |