2927 HSN Code: Diazo-, azo- or azoxy-compounds

HSN Sub Chapter 2927 represents Diazo-, azo- or azoxy-compounds under GST classification. This code helps businesses identify Diazo-, azo- or azoxy-compounds correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2927, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Diazo-, azo- or azoxy-compounds.

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New GST Rate for HSN Code 2927

GST Rate for Diazo-, azo- or azoxy-compounds under HSN Code 2927. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

29

HSN Code

2927

HSN Description

Diazo-, azo- or azoxy-compounds

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 2927

Following tariff HSN codes fall under Diazo-, azo- or azoxy-compounds.

Tariff HSN

29270010

Description

Diazo-, azo- or azoxy- compounds :Para amino-azo-benzene

Tariff HSN

29270090

Description

Diazo-, azo- or azoxy- compounds :Other

India’s Trade Performance — HSN Sub-Chapter 2927 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

₹639 Cr

−11.28% vs FY 2023-24

0.0173% of India’s total exports

India’s Imports

FY 2024-25

₹371 Cr

+18.64% vs FY 2023-24

0.0061% of India’s total imports

Trade Balance

FY 2024-25

₹268 Cr

Trade Surplus

Surplus rank #305 of 1233 subchapters

% of Chapter 29

FY 2024-25

0.38%

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

Import side: 0.17% of Chapter 29’s imports

Rank Within Chapter 29

FY 2024-25

#34 of 42

Position by export value among subchapters in Chapter 29

Import-side rank: #37 of 42

At a glance

7.66%

Export CAGR

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

#479

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+29.03%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.38%

Contribution to Ch. 29

Share of Chapter 29 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 2927

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 #459

Balance

+291.69

Exports

410.72 ₹ Cr

0.0179% share

— YoY

0.32% of Ch. 29

Imports

119.03 ₹ Cr

0.0033% share

— YoY

0.08% of Ch. 29

FY 2019-20 Exp. Rank #416

Balance

+339.66

Exports

487.43 ₹ Cr

0.0221% share

+18.68% YoY

0.39% of Ch. 29

Imports

147.77 ₹ Cr

0.0044% share

+24.15% YoY

0.11% of Ch. 29

FY 2020-21 Exp. Rank #380

Balance

+492.26

Exports

628.94 ₹ Cr

0.0292% share

+29.03% YoY

0.47% of Ch. 29

Imports

136.68 ₹ Cr

0.0047% share

−7.50% YoY

0.09% of Ch. 29

FY 2021-22 Exp. Rank #392

Balance

+530.31

Exports

788.32 ₹ Cr

0.0251% share

+25.34% YoY

0.48% of Ch. 29

Imports

258.01 ₹ Cr

0.0056% share

+88.77% YoY

0.12% of Ch. 29

FY 2022-23 Exp. Rank #409

Balance

+447.47

Exports

815.93 ₹ Cr

0.0225% share

+3.50% YoY

0.48% of Ch. 29

Imports

368.46 ₹ Cr

0.0064% share

+42.81% YoY

0.16% of Ch. 29

FY 2023-24 Exp. Rank #437

Balance

+408.00

Exports

720.81 ₹ Cr

0.0199% share

−11.66% YoY

0.43% of Ch. 29

Imports

312.81 ₹ Cr

0.0056% share

−15.10% YoY

0.14% of Ch. 29

FY 2024-25 Exp. Rank #479

Balance

+268.37

Exports

639.49 ₹ Cr

0.0173% share

−11.28% YoY

0.38% of Ch. 29

Imports

371.12 ₹ Cr

0.0061% share

+18.64% YoY

0.17% of Ch. 29

CAGR · 7-Year

Exports

7.66% /yr

Imports

20.87% /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 2927 Export-Import Analysis

Consistent Export Growth: 7.66% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 2927 have grown at a compound annual rate of 7.66% over 7 fiscal years, rising from ₹410.72 Crore in FY 2018-19 to ₹639.49 Crore in FY 2024-25.

HSN Sub-Chapter 2927 Ranked #479 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 2927 ranks #479 out of 1233 subchapters by total export value. Within Chapter 29, it ranks #34 of 42. By trade surplus, it ranks #305 of 1233.

FY 2020-21 Was the Strongest Growth Year for HSN Sub-Chapter 2927 Exports

The strongest single-year export movement for HSN Sub-Chapter 2927 was recorded in FY 2020-21, when exports surged by 29.03% over the prior year.

India Maintains a Trade Surplus of ₹268.37 Crore in HSN Sub-Chapter 2927 Goods

In FY 2024-25, India's exports of ₹639.49 Cr exceeded imports of ₹371.12 Cr, resulting in a trade surplus of ₹268.37 Crore — ranking #305 of 1233 by surplus magnitude.

Import Growth of 20.87% CAGR Signals Rising Demand for Diazo-, azo- or azoxy-compounds

India's imports under HSN Sub-Chapter 2927 have grown at 20.87% CAGR, reaching ₹371.12 Crore in FY 2024-25.

HSN Sub-Chapter 2927 Contributes 0.38% of Chapter 29 Exports — Ranked #34

Among the 42 subchapters under Chapter 29, HSN Sub-Chapter 2927 ranks #34 by export value — accounting for 0.38% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.17% share (rank #37).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 2927 and GST compliance.

What products are classified under HSN 2927

It includes Diazo-, azo- or azoxy-compounds

If I repair and return Diazo-, azo- or azoxy-compounds, how should I charge GST?

Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.

What should my invoice and records include for Diazo-, azo- or azoxy-compounds?

Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.

How should I document Diazo-, azo- or azoxy-compounds sent for job work?

Use a delivery challan for sending Diazo-, azo- or azoxy-compounds to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.

Can reverse charge ever apply to transactions involving Diazo-, azo- or azoxy-compounds?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Diazo-, azo- or azoxy-compounds are forward charge. Check the current notifications for any special cases before deciding.

Do spares or accessories of Diazo-, azo- or azoxy-compounds 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.

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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