--- title: "HSN Code for Oxyclozanide | HSN 29420033 GST Rate" description: "Find HSN and GST Rates for 29420033 related to Oxyclozanide with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29420033/" --- # HSN Code 29420033: Oxyclozanide - [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 2942: Other organic compounds](https://busy.in/hsn/sub-chapter-2942/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other organic compounds : Diloxanide furoate, cimetidine, oxyclozanide, famotidine : Oxyclozanide | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29420033 ? It includes Oxyclozanide ### How should mixed supplies be billed when Oxyclozanide is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Oxyclozanide; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Oxyclozanide? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Does packaging or labelling change the GST for Oxyclozanide? 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. ### How much GST applies to Oxyclozanide? Under HSN 29420033, Oxyclozanide attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Oxyclozanide? 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. ## India's trade performance: HSN Code 29420033 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹54 Cr (+17.05% YoY) — 0.0015% of India's total exports - Imports: < ₹1 Crore — 0.0000% of India's total imports - Trade balance: ₹54 Cr (Surplus); surplus rank #2087 of 12657 HSN codes - Share of Sub-Chapter 2942: 0.50% of its exports; import side 0.00% - Rank within Sub-Chapter 2942: #7 of 18 by export value; import-side #14 ### Key metrics - Export CAGR: 0.06% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3510 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +55.06% in FY 2021-22 - Contribution to Sub-Ch. 2942: 0.50% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29420033 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. 2942 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2942 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 54.11 | 0.0024% | — | 0.65% | Nil | 0.0000% | — | 0.00% | +54.11 | #2743 | | FY 2019-20 | 49.02 | 0.0022% | −9.41% | 0.59% | < ₹1 Crore | 0.0000% | — | 0.01% | +48.72 | #2894 | | FY 2020-21 | 73.06 | 0.0034% | +49.04% | 0.77% | Nil | 0.0000% | −100.00% | 0.00% | +73.06 | #2425 | | FY 2021-22 | 113.29 | 0.0036% | +55.06% | 1.18% | Nil | 0.0000% | — | 0.00% | +113.29 | #2242 | | FY 2022-23 | 71.40 | 0.0020% | −36.98% | 0.63% | Nil | 0.0000% | — | 0.00% | +71.40 | #3010 | | FY 2023-24 | 46.40 | 0.0013% | −35.01% | 0.42% | Nil | 0.0000% | — | 0.00% | +46.40 | #3646 | | FY 2024-25 | 54.31 | 0.0015% | +17.05% | 0.50% | < ₹1 Crore | 0.0000% | — | 0.00% | +54.24 | #3510 | - CAGR (7-year): exports 0.06%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 29420033 export-import analysis ### Consistent export growth: 0.06% CAGR over 7 years India's exports under HSN Code 29420033 have grown at a compound annual rate of 0.06% over 7 fiscal years, rising from ₹54.11 Crore in FY 2018-19 to ₹54.31 Crore in FY 2024-25. ### HSN Code 29420033 ranked #3510 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29420033 ranks #3510 out of 12657 HSN codes by total export value. Within Sub-Chapter 2942, it ranks #7 of 18. By trade surplus, it ranks #2087 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 29420033 exports The strongest single-year export movement for HSN Code 29420033 was recorded in FY 2021-22, when exports surged by 55.06% over the prior year. ### India maintains a trade surplus of ₹54.24 Crore in HSN Code 29420033 goods In FY 2024-25, India's exports of ₹54.31 Cr exceeded imports of ₹0.07 Cr, resulting in a trade surplus of ₹54.24 Crore — ranking #2087 of 12657 by surplus magnitude. ### HSN Code 29420033 contributes 0.50% of Sub-Chapter 2942 exports — ranked #7 Among the 18 HSN codes under Sub-Chapter 2942, HSN Code 29420033 ranks #7 by export value — accounting for 0.50% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #14). ## Related HSN Codes in Sub-Chapter 2942 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 29420090: Other Organic Compounds](https://busy.in/hsn/hsn-29420090/) | ₹9,509 Cr | | #2 | [HSN Code 29420012: Dane’s Salt of D(-) Phenyl Glycine](https://busy.in/hsn/hsn-29420012/) | ₹616 Cr | | #3 | [HSN Code 29420011: Semiconductor/Photomask Inspection Instruments](https://busy.in/hsn/hsn-29420011/) | ₹165 Cr | | #4 | [HSN Code 29420034: Famotidine](https://busy.in/hsn/hsn-29420034/) | ₹121 Cr | | #5 | [HSN Code 29420027: Amitryptyline HCl](https://busy.in/hsn/hsn-29420027/) | ₹92 Cr | | #6 | [HSN Code 29420014: Nifedipine](https://busy.in/hsn/hsn-29420014/) | ₹82 Cr | | #7 | HSN Code 29420033: Oxyclozanide (this hsn code) | ₹54 Cr | | #8 | [HSN Code 29420025: Ranitidine](https://busy.in/hsn/hsn-29420025/) | ₹49 Cr | | #9 | [HSN Code 29420021: Terbutoline Sulphate](https://busy.in/hsn/hsn-29420021/) | ₹41 Cr | | #10 | [HSN Code 29420031: Steroids and Derivatives](https://busy.in/hsn/hsn-29420031/) | ₹29 Cr |