--- title: "HSN Code for Sulphonated Castor, Fish Or Sperm Oil | HSN 34029020 GST Rate" description: "Find HSN and GST Rates for 34029020 related to Sulphonated Castor, Fish Or Sperm Oil with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-34029020/" --- # HSN Code 34029020: Sulphonated Castor, Fish Or Sperm Oil - [Section 06: Guide to HSN Section 06](https://busy.in/hsn/section-06/) - [Chapter 34: Soap, Washing Preparations, Waxes](https://busy.in/hsn/chapter-34/) - [Sub-chapter 3402: Surface-active agents](https://busy.in/hsn/sub-chapter-3402/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Preparations put up for retail sale : Other : Sulphonated or sulphated or oxidized or chlorinated castor oil; sulphonated or sulphated or oxidized or chlorinated fish oil;sulphonated or sulphated or oxidized or chlorinated sperm oil; sulphonated or sulphated or oxidized or chlorinated neats foot oil | 2.5% | 2.5% | 5% | 0% | | Preparations put up for retail sale : Other : Sulphonated or sulphated or oxidized or chlorinated castor oil; sulphonated or sulphated or oxidized or chlorinated fish oil;sulphonated or sulphated or oxidized or chlorinated sperm oil; sulphonated or sulphated or oxidized or chlorinated neats foot oil [other than Sulphonated castor oil, fish oil or sperm oil] | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 34029020 ? It includes Sulphonated Castor, Fish Or Sperm Oil ### How much GST applies to Sulphonated Castor, Fish Or Sperm Oil? Under HSN 34029020, Sulphonated Castor, Fish Or Sperm Oil attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Sulphonated Castor, Fish Or Sperm Oil? 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 Sulphonated Castor, Fish Or Sperm Oil? 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. ### Can we claim ITC on inputs used to trade Sulphonated Castor, Fish Or Sperm Oil? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How should mixed supplies be billed when Sulphonated Castor, Fish Or Sperm Oil is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Sulphonated Castor, Fish Or Sperm Oil; Nil for exempt items if applicable). ### Any common misclassification issue with Sulphonated Castor, Fish Or Sperm Oil? 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 34029020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹13 Cr (+1.38% YoY) — 0.0004% of India's total exports - Imports: ₹6 Cr (−43.89% YoY) — 0.0001% of India's total imports - Trade balance: ₹8 Cr (Surplus); surplus rank #3495 of 12657 HSN codes - Share of Sub-Chapter 3402: 0.24% of its exports; import side 0.15% - Rank within Sub-Chapter 3402: #15 of 28 by export value; import-side #17 ### Key metrics - Export CAGR: 11.15% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5426 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +744.61% in FY 2021-22 - Contribution to Sub-Ch. 3402: 0.24% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 34029020 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. 3402 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3402 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 7.02 | 0.0003% | — | 0.29% | 13.27 | 0.0004% | — | 0.66% | −6.25 | #5435 | | FY 2019-20 | 4.95 | 0.0002% | −29.49% | 0.19% | 12.03 | 0.0004% | −9.34% | 0.62% | −7.08 | #5865 | | FY 2020-21 | 4.73 | 0.0002% | −4.44% | 0.15% | 9.29 | 0.0003% | −22.78% | 0.38% | −4.56 | #6000 | | FY 2021-22 | 39.95 | 0.0013% | +744.61% | 1.03% | 9.07 | 0.0002% | −2.37% | 0.30% | +30.88 | #3675 | | FY 2022-23 | 10.30 | 0.0003% | −74.22% | 0.22% | 13.42 | 0.0002% | +47.96% | 0.42% | −3.12 | #5603 | | FY 2023-24 | 13.06 | 0.0004% | +26.80% | 0.26% | 10.14 | 0.0002% | −24.44% | 0.34% | +2.92 | #5363 | | FY 2024-25 | 13.24 | 0.0004% | +1.38% | 0.24% | 5.69 | 0.0001% | −43.89% | 0.15% | +7.55 | #5426 | - CAGR (7-year): exports 11.15%/yr, imports -13.16%/yr (consistently Surplus) ## Key trade insights: HSN Code 34029020 export-import analysis ### Consistent export growth: 11.15% CAGR over 7 years India's exports under HSN Code 34029020 have grown at a compound annual rate of 11.15% over 7 fiscal years, rising from ₹7.02 Crore in FY 2018-19 to ₹13.24 Crore in FY 2024-25. ### HSN Code 34029020 ranked #5426 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 34029020 ranks #5426 out of 12657 HSN codes by total export value. Within Sub-Chapter 3402, it ranks #15 of 28. By trade surplus, it ranks #3495 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 34029020 exports The strongest single-year export movement for HSN Code 34029020 was recorded in FY 2021-22, when exports surged by 744.61% over the prior year. ### India maintains a trade surplus of ₹7.55 Crore in HSN Code 34029020 goods In FY 2024-25, India's exports of ₹13.24 Cr exceeded imports of ₹5.69 Cr, resulting in a trade surplus of ₹7.55 Crore — ranking #3495 of 12657 by surplus magnitude. ### Import growth of -13.16% CAGR signals stable import dependency for Sulphonated Castor, Fish Or Sperm Oil India's imports under HSN Code 34029020 have grown at -13.16% CAGR, reaching ₹5.69 Crore in FY 2024-25. ### HSN Code 34029020 contributes 0.24% of Sub-Chapter 3402 exports — ranked #15 Among the 28 HSN codes under Sub-Chapter 3402, HSN Code 34029020 ranks #15 by export value — accounting for 0.24% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.15% share (rank #17). ## Related HSN Codes in Sub-Chapter 3402 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 34024200: Non-ionic Organic Surface-Active Agents](https://busy.in/hsn/hsn-34024200/) | ₹1,641 Cr | | #2 | [HSN Code 34023100: Anionic Surfactants: Linear Alkylbenzene Sulfonic Acid](https://busy.in/hsn/hsn-34023100/) | ₹1,234 Cr | | #3 | [HSN Code 34023900: Anionic Surfactants (Other)](https://busy.in/hsn/hsn-34023900/) | ₹953 Cr | | #4 | [HSN Code 34029099: Retail sale preparations](https://busy.in/hsn/hsn-34029099/) | ₹415 Cr | | #5 | [HSN Code 34024900: Other Organic Surface-Active Agents](https://busy.in/hsn/hsn-34024900/) | ₹414 Cr | | #6 | [HSN Code 34025000: Preparations Put Up For Retail Sale](https://busy.in/hsn/hsn-34025000/) | ₹270 Cr | | #7 | [HSN Code 34029051: Non-Soap Cleaning/Degreasing (Retail)](https://busy.in/hsn/hsn-34029051/) | ₹163 Cr | | #8 | [HSN Code 34029011: Non-Soap Cleaning/Degreasing (Synthetic, Retail)](https://busy.in/hsn/hsn-34029011/) | ₹157 Cr | | #9 | [HSN Code 34029019: Synthetic Detergent Preparations: Retail Sale, Other Types](https://busy.in/hsn/hsn-34029019/) | ₹66 Cr | | #10 | [HSN Code 34024100: Cationic Organic Surface-Active Agents](https://busy.in/hsn/hsn-34024100/) | ₹44 Cr | | #15 | HSN Code 34029020: Sulphonated Castor, Fish Or Sperm Oil (this hsn code) | ₹13 Cr |