Consistent Export Growth: 9.65% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2939 have grown at a compound annual rate of 9.65% over 7 fiscal years, rising from ₹1,551.48 Crore in FY 2018-19 to ₹2,696.04 Crore in FY 2024-25.
HSN Sub Chapter 2939 represents Vegetable alkaloids & derivatives under GST classification. This code helps businesses identify Vegetable alkaloids & derivatives correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2939, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Vegetable alkaloids & derivatives.
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GST Rate for Vegetable alkaloids & derivatives under HSN Code 2939. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Vegetable alkaloids & derivatives.
Tariff HSN
Description
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
Tariff HSN
Description
Other
Tariff HSN
Description
Alkaloid of cinchona and their derivatives; salts thereof:Quinine alkaloids
Tariff HSN
Description
Alkaloid of cinchona and their derivatives; salts thereof:Quinine hydrochloride
Tariff HSN
Description
Alkaloid of cinchona and their derivatives; salts thereof:Quinine sulphate:Quinine sulphate
Tariff HSN
Description
Alkaloid of cinchona and their derivatives; salts thereof: Chloroquine phosphate
Tariff HSN
Description
Alkaloid of cinchona and their derivatives; salts thereof : Other
Tariff HSN
Description
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
Tariff HSN
Description
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
Tariff HSN
Description
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
Tariff HSN
Description
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
Tariff HSN
Description
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
Tariff HSN
Description
Vegetable alkaloids, natural or reproduced by synthesis, and their salts, ethers, esters and other derivatives - alkaloids of cinchona and their derivatives; salts thereof : other
Tariff HSN
Description
Benzeneacetic acid, alpha-hydroxy-alpha-phenyl, 1-azabicyclo
Tariff HSN
Description
Other
Tariff HSN
Description
Caffeine and its salts
Tariff HSN
Description
Alkaloids of ephedra and their derivatives;salts thereof: : Ephedrine and its salts : Ephedrine alkaloids
Tariff HSN
Description
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
Tariff HSN
Description
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
Tariff HSN
Description
Vegetable alkaloids, natural or reproduced by synthesis, and their salts, ethers, esters and other derivatives - ephedrines and their salts :-ephedrine and its salts : other
Tariff HSN
Description
Alkaloids of ephedra and their derivatives;salts thereof: Pseudoephedrine (INN) and its salts
Tariff HSN
Description
Alkaloids of ephedra and their derivatives;salts thereof: Cathine (INN) and its salts
Tariff HSN
Description
Alkaloids of ephedra and their derivatives;salts thereof: Norephedrine and its salts
Tariff HSN
Description
Alkaloids of ephedra and their derivatives;salts thereof: Norephedrine and its salts
Tariff HSN
Description
Alkaloids of ephedra and their derivatives;salts thereof: Other
Tariff HSN
Description
Theophylline and aminophylline (theophyllineethylenediamine) and their derivatives; salts thereof : Fenetylline (INN) and its salts
Tariff HSN
Description
Theophylline and aminophylline (theophyllineethylenediamine) and their derivatives; salts thereof :Other
Tariff HSN
Description
Alkaloids of rye ergot and their derivatives; salts thereof : Ergometrine (INN) and its salts :Ergometrine (INN)
Tariff HSN
Description
Alkaloids of rye ergot and their derivatives; salts thereof : Ergometrine (INN) and its salts :Other
Tariff HSN
Description
Alkaloids of rye ergot and their derivatives; salts thereof : Ergotamine (INN) and its salts :Ergotamine tartrate
Tariff HSN
Description
Alkaloids of rye ergot and their derivatives; salts thereof : Ergotamine (INN) and its salts : Other
Tariff HSN
Description
Alkaloids of rye ergot and their derivatives; salts thereof: Lysergic acid and its salts
Tariff HSN
Description
Alkaloids of rye ergot and their derivatives; salts thereof: Other
Tariff HSN
Description
Cocaine, ecgonine, levometamfetamine, metamfetamine (inn), metamfetamine racemate; salts, esters and other derivatives thereof
Tariff HSN
Description
Other, of vegetal origin: Cocaine, ecgonine; salts, esters and other derivatives thereof
Tariff HSN
Description
Other, of vegetal origin: Other
Tariff HSN
Description
Nicotine
Tariff HSN
Description
Other
Tariff HSN
Description
Other
Tariff HSN
Description
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
Tariff HSN
Description
Vegetable alkaloids, natural or reproduced by synthesis, and their salts, ethers, esters and other derivatives - other : other
India’s Exports
FY 2024-25₹2,696 Cr
0.0728% of India’s total exports
India’s Imports
FY 2024-25₹1,171 Cr
0.0192% of India’s total imports
Trade Balance
FY 2024-25₹1,525 Cr
Surplus rank #152 of 1233 subchapters
% of Chapter 29
FY 2024-251.58%
Share of Chapter 29’s total exports in FY 2024-25
Import side: 0.52% of Chapter 29’s imports
Rank Within Chapter 29
FY 2024-25#19 of 42
Position by export value among subchapters in Chapter 29
Import-side rank: #29 of 42
At a glance
9.65%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#217
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+18.12%
Peak Growth Year
FY 2021-22 · strongest single-year move
1.58%
Contribution to Ch. 29
Share of Chapter 29 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+1,208.92
Exports
1,551.48 ₹ Cr
0.0676% share
— YoY
1.22% of Ch. 29
Imports
342.56 ₹ Cr
0.0095% share
— YoY
0.22% of Ch. 29
Balance
+1,271.90
Exports
1,659.56 ₹ Cr
0.0751% share
+6.97% YoY
1.34% of Ch. 29
Imports
387.66 ₹ Cr
0.0116% share
+13.17% YoY
0.28% of Ch. 29
Balance
+1,389.57
Exports
1,776.60 ₹ Cr
0.0826% share
+7.05% YoY
1.33% of Ch. 29
Imports
387.03 ₹ Cr
0.0133% share
−0.16% YoY
0.27% of Ch. 29
Balance
+1,638.39
Exports
2,098.49 ₹ Cr
0.0669% share
+18.12% YoY
1.28% of Ch. 29
Imports
460.10 ₹ Cr
0.0101% share
+18.88% YoY
0.22% of Ch. 29
Balance
+1,732.13
Exports
2,440.54 ₹ Cr
0.0674% share
+16.30% YoY
1.42% of Ch. 29
Imports
708.41 ₹ Cr
0.0123% share
+53.97% YoY
0.31% of Ch. 29
Balance
+1,588.16
Exports
2,332.94 ₹ Cr
0.0645% share
−4.41% YoY
1.39% of Ch. 29
Imports
744.78 ₹ Cr
0.0133% share
+5.13% YoY
0.34% of Ch. 29
Balance
+1,524.61
Exports
2,696.04 ₹ Cr
0.0728% share
+15.56% YoY
1.58% of Ch. 29
Imports
1,171.43 ₹ Cr
0.0192% share
+57.29% YoY
0.52% of Ch. 29
CAGR · 7-Year
Exports
9.65% /yr
Imports
22.74% /yr
reference, FY 2024-25
Export
₹1,70,243.54 Cr
Import
₹2,24,781.99 Cr
Trade Balance
−54,538.45
India's exports under HSN Sub-Chapter 2939 have grown at a compound annual rate of 9.65% over 7 fiscal years, rising from ₹1,551.48 Crore in FY 2018-19 to ₹2,696.04 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2939 ranks #217 out of 1233 subchapters by total export value. Within Chapter 29, it ranks #19 of 42. By trade surplus, it ranks #152 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2939 was recorded in FY 2021-22, when exports surged by 18.12% over the prior year.
In FY 2024-25, India's exports of ₹2,696.04 Cr exceeded imports of ₹1,171.43 Cr, resulting in a trade surplus of ₹1,524.61 Crore — ranking #152 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2939 have grown at 22.74% CAGR, reaching ₹1,171.43 Crore in FY 2024-25.
Among the 42 subchapters under Chapter 29, HSN Sub-Chapter 2939 ranks #19 by export value — accounting for 1.58% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.52% share (rank #29).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 2939 and GST compliance.
It includes Vegetable alkaloids & derivatives
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.
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.
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.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Vegetable alkaloids & derivatives are forward charge. Check the current notifications for any special cases before deciding.
If your outward supply of Vegetable alkaloids & derivatives 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.
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.