HSN Code 29398000: Other Synthesis Alkaloid Compounds

HSN Code 29398000 represents Other Synthesis Alkaloid Compounds under GST classification. This code helps businesses identify Other Synthesis Alkaloid Compounds correctly for billing, taxation, and trade. With HSN Code 29398000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Synthesis Alkaloid Compounds .

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Description of Goods for HSN Code 29398000

HSN Code 29398000 relates to the following description.

Description of Goods

Other

Chapter

29 - Organic chemicals

Sub Chapter

2939 - Vegetable alkaloids, natural or reproduced by synthesis, and their salts, ethers, esters and other derivatives

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29398000 not include?

Other Synthesis Alkaloid Compounds does not include products with the following descriptions.

Alkaloids of opium and their derivatives; salts thereof : Concentrates of poppy straw; buprenorphine (INN), codeine, dihydrocodeine (INN), ethylmorphine, etorphine (INN), heroin, hydrocodone (INN), hydromorphone (INN), morphine, nicomorphine (INN), oxycodone (INN), oxymorphone (INN), pholcodine (INN), thebacon (INN) and thebaine; salts thereof

Alkaloid of cinchona and their derivatives; salts thereof:Quinine alkaloids

Alkaloid of cinchona and their derivatives; salts thereof:Quinine hydrochloride

Alkaloid of cinchona and their derivatives; salts thereof:Quinine sulphate:Quinine sulphate

Alkaloid of cinchona and their derivatives; salts thereof: Chloroquine phosphate

Vegetable alkaloids, natural or reproduced by synthesis, and their salts, ethers, esters and other derivatives - alkaloids of cinchona and their derivatives; salts thereof :-quinine and its salts : quinine alkaloids

Vegetable alkaloids, natural or reproduced by synthesis, and their salts, ethers, esters and other derivatives - alkaloids of cinchona and their derivatives; salts thereof :-quinine and its salts : quinine hydrochloride

Vegetable alkaloids, natural or reproduced by synthesis, and their salts, ethers, esters and other derivatives - alkaloids of cinchona and their derivatives; salts thereof :-quinine and its salts : quinine sulphate

Vegetable alkaloids, natural or reproduced by synthesis, and their salts, ethers, esters and other derivatives - alkaloids of cinchona and their derivatives; salts thereof :-quinine and its salts : chloroquine phosphate

Vegetable alkaloids, natural or reproduced by synthesis, and their salts, ethers, esters and other derivatives - alkaloids of cinchona and their derivatives; salts thereof :-quinine and its salts : other

Vegetable alkaloids, natural or reproduced by synthesis, and their salts, ethers, esters and other derivatives - alkaloids of cinchona and their derivatives; salts thereof : other

Alkaloids of ephedra and their derivatives;salts thereof: : Ephedrine and its salts : Ephedrine alkaloids

Vegetable alkaloids, natural or reproduced by synthesis, and their salts, ethers, esters and other derivatives - ephedrines and their salts :-ephedrine and its salts : ephedrine alkaloids

Vegetable alkaloids, natural or reproduced by synthesis, and their salts, ethers, esters and other derivatives - ephedrines and their salts :-ephedrine and its salts : ephedrine hydrochloride

Vegetable alkaloids, natural or reproduced by synthesis, and their salts, ethers, esters and other derivatives - ephedrines and their salts :-ephedrine and its salts : other

Alkaloids of ephedra and their derivatives;salts thereof: Pseudoephedrine (INN) and its salts

Alkaloids of ephedra and their derivatives;salts thereof: Cathine (INN) and its salts

Alkaloids of ephedra and their derivatives;salts thereof: Norephedrine and its salts

Alkaloids of ephedra and their derivatives;salts thereof: Norephedrine and its salts

Theophylline and aminophylline (theophyllineethylenediamine) and their derivatives; salts thereof : Fenetylline (INN) and its salts

Theophylline and aminophylline (theophyllineethylenediamine) and their derivatives; salts thereof :Other

Alkaloids of rye ergot and their derivatives; salts thereof : Ergometrine (INN) and its salts :Ergometrine (INN)

Alkaloids of rye ergot and their derivatives; salts thereof : Ergometrine (INN) and its salts :Other

Alkaloids of rye ergot and their derivatives; salts thereof : Ergotamine (INN) and its salts :Ergotamine tartrate

Alkaloids of rye ergot and their derivatives; salts thereof : Ergotamine (INN) and its salts : Other

Alkaloids of rye ergot and their derivatives; salts thereof: Lysergic acid and its salts

Cocaine, ecgonine, levometamfetamine, metamfetamine (inn), metamfetamine racemate; salts, esters and other derivatives thereof

Other, of vegetal origin: Cocaine, ecgonine; salts, esters and other derivatives thereof

Vegetable alkaloids, natural or reproduced by synthesis, and their salts, ethers, esters and other derivatives - other : levometamfetamine, metamfetamine(inn), metamfetamine racemate; salts, esters and other derivatives thereof

Vegetable alkaloids, natural or reproduced by synthesis, and their salts, ethers, esters and other derivatives - other : other

India’s Trade Performance — HSN Code 29398000 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹141 Cr

−22.59% vs FY 2023-24

0.0038% of India’s total exports

India’s Imports

FY 2024-25

₹73 Cr

+113.79% vs FY 2023-24

0.0012% of India’s total imports

Trade Balance

FY 2024-25

₹68 Cr

Trade Surplus

Surplus rank #1910 of 12657 HSN codes

% of Sub-Chapter 2939

FY 2024-25

5.22%

Share of Sub-Chapter 2939’s total exports in FY 2024-25

Import side: 6.19% of Sub-Chapter 2939’s imports

Rank Within Sub-Chapter 2939

FY 2024-25

#6 of 41

Position by export value among HSN codes in Sub-Chapter 2939

Import-side rank: #4 of 41

At a glance

65.50%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#2236

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+706.81%

Peak Growth Year

FY 2021-22 · strongest single-year move

5.22%

Contribution to Sub-Ch. 2939

Share of Sub-Chapter 2939 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #5454

Balance

−17.84

Exports

6.85 ₹ Cr

0.0003% share

YoY

0.44% of Sub-Ch. 2939

Imports

24.69 ₹ Cr

0.0007% share

YoY

7.21% of Sub-Ch. 2939

FY 2019-20 Exp. Rank #4789

Balance

−8.34

Exports

11.79 ₹ Cr

0.0005% share

+72.12% YoY

0.71% of Sub-Ch. 2939

Imports

20.13 ₹ Cr

0.0006% share

−18.47% YoY

5.19% of Sub-Ch. 2939

FY 2020-21 Exp. Rank #5405

Balance

−14.09

Exports

7.64 ₹ Cr

0.0004% share

−35.20% YoY

0.43% of Sub-Ch. 2939

Imports

21.73 ₹ Cr

0.0007% share

+7.95% YoY

5.61% of Sub-Ch. 2939

FY 2021-22 Exp. Rank #3074

Balance

+41.74

Exports

61.64 ₹ Cr

0.0020% share

+706.81% YoY

2.94% of Sub-Ch. 2939

Imports

19.90 ₹ Cr

0.0004% share

−8.42% YoY

4.33% of Sub-Ch. 2939

FY 2022-23 Exp. Rank #2110

Balance

+60.48

Exports

143.22 ₹ Cr

0.0040% share

+132.35% YoY

5.87% of Sub-Ch. 2939

Imports

82.74 ₹ Cr

0.0014% share

+315.78% YoY

11.68% of Sub-Ch. 2939

FY 2023-24 Exp. Rank #1876

Balance

+147.90

Exports

181.83 ₹ Cr

0.0050% share

+26.96% YoY

7.79% of Sub-Ch. 2939

Imports

33.93 ₹ Cr

0.0006% share

−58.99% YoY

4.56% of Sub-Ch. 2939

FY 2024-25 Exp. Rank #2236

Balance

+68.21

Exports

140.75 ₹ Cr

0.0038% share

−22.59% YoY

5.22% of Sub-Ch. 2939

Imports

72.54 ₹ Cr

0.0012% share

+113.79% YoY

6.19% of Sub-Ch. 2939

CAGR · 7-Year

Exports

65.50% /yr

Imports

19.68% /yr

Consistently Surplus
Sub-Chapter 2939 total

reference, FY 2024-25

Export

₹2,696.04 Cr

Import

₹1,171.43 Cr

Trade Balance

+1,524.61

Peak export growth year Latest available data Not available YoY = change vs previous FY

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29398000 and GST compliance.

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.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.