2924 HSN Code: Internal combustion engines

HSN Sub Chapter 2924 represents Internal combustion engines under GST classification. This code helps businesses identify Internal combustion engines correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2924, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Internal combustion engines.

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New GST Rate for HSN Code 2924

GST Rate for Internal combustion engines under HSN Code 2924. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

29

HSN Code

2924

HSN Description

Carboxyamide-function compounds; amide-function compounds of carbonic acid

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 2924

Following tariff HSN codes fall under Internal combustion engines.

Tariff HSN

26242110

Description

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof :Diethyl diphenyl urea

Tariff HSN

29241100

Description

Acyclic amides (including acyclic carbamates) and their derivatives; salts thereof :Meprobamate (INN)

Tariff HSN

29241200

Description

Acyclic amides (including acyclic carbamates) and their derivatives; salts thereof :Fluoroacetamide (ISO), monocrotophos (ISO) and phosphamidon (ISO)

Tariff HSN

29241900

Description

Acyclic amides (including acyclic carbamates) and their derivatives; salts thereof :Other

Tariff HSN

29242110

Description

Diethyl diphenyl urea

Tariff HSN

29242120

Description

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof :Dimethyl diphenyl urea (zentralin)

Tariff HSN

29242130

Description

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof :Ureines and their derivatives; salts thereof : Parachloro benzene sulphonyl urea

Tariff HSN

29242190

Description

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof :Ureines and their derivatives; salts thereof :other

Tariff HSN

29242300

Description

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof :2-Acetamidobenzoic acid (N-acetylanthranilic acid) and its salts

Tariff HSN

29242400

Description

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof :Ureines and their derivatives; salts thereof :Ethinamate (INN)

Tariff HSN

29242500

Description

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof :Ureines and their derivatives; salts thereof : Alachlor (ISO)

Tariff HSN

29242910

Description

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof : Other : Acetanilide

Tariff HSN

29242920

Description

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof : Other : Aceto acetanilide

Tariff HSN

29242930

Description

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof : Other : Aceto acetic ortho chloranilide

Tariff HSN

29242940

Description

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof : Other : Aceto acetic para chloranilide

Tariff HSN

29242950

Description

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof : Other : Phenyl acetamide

Tariff HSN

29242960

Description

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof : Other : Pyrazinamide (pyrazine carboxamide)

Tariff HSN

29242970

Description

Pretilachlor (iso)

Tariff HSN

29242990

Description

Cyclic amides (including cyclic carbamates) and their derivatives; salts thereof : Other : Other

India’s Trade Performance — HSN Sub-Chapter 2924 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

₹6,530 Cr

+33.34% vs FY 2023-24

0.1763% of India’s total exports

India’s Imports

FY 2024-25

₹2,799 Cr

+10.26% vs FY 2023-24

0.0459% of India’s total imports

Trade Balance

FY 2024-25

₹3,731 Cr

Trade Surplus

Surplus rank #91 of 1233 subchapters

% of Chapter 29

FY 2024-25

3.84%

Share of Chapter 29’s total exports in FY 2024-25

Import side: 1.25% of Chapter 29’s imports

Rank Within Chapter 29

FY 2024-25

#6 of 42

Position by export value among subchapters in Chapter 29

Import-side rank: #22 of 42

At a glance

10.21%

Export CAGR

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

#107

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+33.34%

Peak Growth Year

FY 2024-25 · strongest single-year move

3.84%

Contribution to Ch. 29

Share of Chapter 29 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 2924

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 #122

Balance

+1,979.07

Exports

3,643.77 ₹ Cr

0.1587% share

— YoY

2.86% of Ch. 29

Imports

1,664.70 ₹ Cr

0.0464% share

— YoY

1.06% of Ch. 29

FY 2019-20 Exp. Rank #116

Balance

+1,989.21

Exports

3,584.85 ₹ Cr

0.1623% share

−1.62% YoY

2.89% of Ch. 29

Imports

1,595.64 ₹ Cr

0.0476% share

−4.15% YoY

1.14% of Ch. 29

FY 2020-21 Exp. Rank #99

Balance

+2,628.55

Exports

4,354.50 ₹ Cr

0.2025% share

+21.47% YoY

3.27% of Ch. 29

Imports

1,725.95 ₹ Cr

0.0592% share

+8.17% YoY

1.18% of Ch. 29

FY 2021-22 Exp. Rank #131

Balance

+2,133.56

Exports

4,519.29 ₹ Cr

0.1440% share

+3.78% YoY

2.75% of Ch. 29

Imports

2,385.73 ₹ Cr

0.0522% share

+38.23% YoY

1.12% of Ch. 29

FY 2022-23 Exp. Rank #114

Balance

+2,944.53

Exports

5,689.36 ₹ Cr

0.1571% share

+25.89% YoY

3.32% of Ch. 29

Imports

2,744.83 ₹ Cr

0.0477% share

+15.05% YoY

1.18% of Ch. 29

FY 2023-24 Exp. Rank #131

Balance

+2,359.12

Exports

4,897.64 ₹ Cr

0.1354% share

−13.92% YoY

2.91% of Ch. 29

Imports

2,538.52 ₹ Cr

0.0452% share

−7.52% YoY

1.15% of Ch. 29

FY 2024-25 Exp. Rank #107

Balance

+3,731.36

Exports

6,530.40 ₹ Cr

0.1763% share

+33.34% YoY

3.84% of Ch. 29

Imports

2,799.04 ₹ Cr

0.0459% share

+10.26% YoY

1.25% of Ch. 29

CAGR · 7-Year

Exports

10.21% /yr

Imports

9.05% /yr

Consistently Surplus
Chapter 29 total

reference, FY 2024-25

Export

₹1,70,243.54 Cr

Import

₹2,24,781.99 Cr

Trade Balance

−54,538.45

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

Key Trade Insights: HSN Sub-Chapter 2924 Export-Import Analysis

Consistent Export Growth: 10.21% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 2924 have grown at a compound annual rate of 10.21% over 7 fiscal years, rising from ₹3,643.77 Crore in FY 2018-19 to ₹6,530.40 Crore in FY 2024-25.

HSN Sub-Chapter 2924 Ranked #107 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 2924 ranks #107 out of 1233 subchapters by total export value. Within Chapter 29, it ranks #6 of 42. By trade surplus, it ranks #91 of 1233.

FY 2024-25 Was the Strongest Growth Year for HSN Sub-Chapter 2924 Exports

The strongest single-year export movement for HSN Sub-Chapter 2924 was recorded in FY 2024-25, when exports surged by 33.34% over the prior year.

India Maintains a Trade Surplus of ₹3,731.36 Crore in HSN Sub-Chapter 2924 Goods

In FY 2024-25, India's exports of ₹6,530.40 Cr exceeded imports of ₹2,799.04 Cr, resulting in a trade surplus of ₹3,731.36 Crore — ranking #91 of 1233 by surplus magnitude.

Import Growth of 9.05% CAGR Signals Stable Import Dependency for Internal combustion engines

India's imports under HSN Sub-Chapter 2924 have grown at 9.05% CAGR, reaching ₹2,799.04 Crore in FY 2024-25.

HSN Sub-Chapter 2924 Contributes 3.84% of Chapter 29 Exports — Ranked #6

Among the 42 subchapters under Chapter 29, HSN Sub-Chapter 2924 ranks #6 by export value — accounting for 3.84% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.25% share (rank #22).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 2924 and GST compliance.

What products are classified under HSN 2924

It includes Internal combustion engines

Do spares or accessories of Internal combustion engines follow the same HSN?

Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.

Does MRP, weight or pack size change GST treatment for Internal combustion engines?

Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.

How do I bill a kit or combo that includes Internal combustion engines?

Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.

Any special steps when selling Internal combustion engines through an e‑commerce platform?

Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.

Can I claim ITC on inputs and services used for Internal combustion engines?

If your outward supply of Internal combustion engines is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.

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.

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