HSN Code 29071110: Pure Carbolic Acid (Phenol)

HSN Code 29071110 represents Pure Carbolic Acid (Phenol) under GST classification. This code helps businesses identify Pure Carbolic Acid (Phenol) correctly for billing, taxation, and trade. With HSN Code 29071110, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Pure Carbolic Acid (Phenol).

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Description of Goods for HSN Code 29071110

HSN Code 29071110 relates to the following description.

Description of Goods

Monophenols :Phenol (hydroxybenzene) and its salts : Phenol, as pure carbolic acid

Chapter

29 - Organic chemicals

Sub Chapter

2907 - Phenols, phenol-alcohols, and their halogenated, sulphonated, nitrated or nitrosated derivatives: phenols; phenol-alcohols

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29071110 not include?

Pure Carbolic Acid (Phenol) does not include products with the following descriptions.

Polyphenols ; phenol-alcohols :4,4 -isopropylidenedipheno (bis-phenol A, diphenylolpropane) and its salts

India’s Trade Performance — HSN Code 29071110 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

₹162 Cr

−29.59% vs FY 2023-24

0.0044% of India’s total exports

India’s Imports

FY 2024-25

₹2,227 Cr

+14.73% vs FY 2023-24

0.0367% of India’s total imports

Trade Balance

FY 2024-25

−₹2,065 Cr

Trade Deficit

Surplus rank #12422 of 12657 HSN codes

% of Sub-Chapter 2907

FY 2024-25

7.21%

Share of Sub-Chapter 2907’s total exports in FY 2024-25

Import side: 38.79% of Sub-Chapter 2907’s imports

Rank Within Sub-Chapter 2907

FY 2024-25

#5 of 23

Position by export value among HSN codes in Sub-Chapter 2907

Import-side rank: #1 of 23

At a glance

23.81%

Export CAGR

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

#2079

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+273.10%

Peak Growth Year

FY 2019-20 · strongest single-year move

7.21%

Contribution to Sub-Ch. 2907

Share of Sub-Chapter 2907 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 29071110

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 #3019

Balance

−2,077.49

Exports

44.87 ₹ Cr

0.0020% share

YoY

2.81% of Sub-Ch. 2907

Imports

2,122.36 ₹ Cr

0.0592% share

YoY

39.96% of Sub-Ch. 2907

FY 2019-20 Exp. Rank #1480

Balance

−784.14

Exports

167.41 ₹ Cr

0.0076% share

+273.10% YoY

8.84% of Sub-Ch. 2907

Imports

951.55 ₹ Cr

0.0284% share

−55.17% YoY

24.23% of Sub-Ch. 2907

FY 2020-21 Exp. Rank #1140

Balance

−614.55

Exports

258.87 ₹ Cr

0.0120% share

+54.63% YoY

12.13% of Sub-Ch. 2907

Imports

873.42 ₹ Cr

0.0300% share

−8.21% YoY

23.07% of Sub-Ch. 2907

FY 2021-22 Exp. Rank #983

Balance

−1,650.63

Exports

423.60 ₹ Cr

0.0135% share

+63.63% YoY

16.39% of Sub-Ch. 2907

Imports

2,074.23 ₹ Cr

0.0454% share

+137.48% YoY

33.60% of Sub-Ch. 2907

FY 2022-23 Exp. Rank #1691

Balance

−2,170.51

Exports

208.70 ₹ Cr

0.0058% share

−50.73% YoY

9.09% of Sub-Ch. 2907

Imports

2,379.21 ₹ Cr

0.0414% share

+14.70% YoY

39.43% of Sub-Ch. 2907

FY 2023-24 Exp. Rank #1643

Balance

−1,711.47

Exports

229.58 ₹ Cr

0.0063% share

+10.00% YoY

12.12% of Sub-Ch. 2907

Imports

1,941.05 ₹ Cr

0.0346% share

−18.42% YoY

40.49% of Sub-Ch. 2907

FY 2024-25 Exp. Rank #2079

Balance

−2,065.38

Exports

161.64 ₹ Cr

0.0044% share

−29.59% YoY

7.21% of Sub-Ch. 2907

Imports

2,227.02 ₹ Cr

0.0367% share

+14.73% YoY

38.79% of Sub-Ch. 2907

CAGR · 7-Year

Exports

23.81% /yr

Imports

0.81% /yr

Consistently Deficit
Sub-Chapter 2907 total

reference, FY 2024-25

Export

₹2,242.64 Cr

Import

₹5,741.09 Cr

Trade Balance

−3,498.45

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

Key Trade Insights: HSN Code 29071110 Export-Import Analysis

Consistent Export Growth: 23.81% CAGR Over 7 Years

India's exports under HSN Code 29071110 have grown at a compound annual rate of 23.81% over 7 fiscal years, rising from ₹44.87 Crore in FY 2018-19 to ₹161.64 Crore in FY 2024-25.

HSN Code 29071110 Ranked #2079 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29071110 ranks #2079 out of 12657 HSN codes by total export value. Within Sub-Chapter 2907, it ranks #5 of 23. By trade surplus, it ranks #12422 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 29071110 Exports

The strongest single-year export movement for HSN Code 29071110 was recorded in FY 2019-20, when exports surged by 273.10% over the prior year.

India Records a Trade Deficit of ₹2,065.38 Crore in HSN Code 29071110 Goods

In FY 2024-25, India's imports of ₹2,227.02 Cr exceeded exports of ₹161.64 Cr, resulting in a trade deficit of ₹2,065.38 Crore — ranking #12422 of 12657 by surplus magnitude.

Import Growth of 0.81% CAGR Signals Stable Import Dependency for Pure Carbolic Acid (Phenol)

India's imports under HSN Code 29071110 have grown at 0.81% CAGR, reaching ₹2,227.02 Crore in FY 2024-25.

HSN Code 29071110 Contributes 7.21% of Sub-Chapter 2907 Exports — Ranked #5

Among the 23 HSN codes under Sub-Chapter 2907, HSN Code 29071110 ranks #5 by export value — accounting for 7.21% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 38.79% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29071110 and GST compliance.

What products are classified under HSN 29071110 ?

It includes Pure Carbolic Acid (Phenol)

How should mixed supplies be billed when Pure Carbolic Acid (Phenol) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Pure Carbolic Acid (Phenol); Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Pure Carbolic Acid (Phenol)?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

How much GST applies to Pure Carbolic Acid (Phenol)?

Under HSN 29071110, Pure Carbolic Acid (Phenol) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Pure Carbolic Acid (Phenol)?

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.

Does packaging or labelling change the GST for Pure Carbolic Acid (Phenol)?

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.

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.