HSN Code 29071190: Other monophenols

HSN Code 29071190 represents Other monophenols under GST classification. This code helps businesses identify Other monophenols correctly for billing, taxation, and trade. With HSN Code 29071190, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other monophenols.

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Description of Goods for HSN Code 29071190

HSN Code 29071190 relates to the following description.

Description of Goods

Monophenols :Phenol (hydroxybenzene) and its salts : Other

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 29071190 not include?

Other monophenols does not include products with the following descriptions.

HSN Code 29071110

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

HSN Code 29072300

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

India’s Trade Performance — HSN Code 29071190 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

₹87 Cr

+73.16% vs FY 2023-24

0.0024% of India’s total exports

India’s Imports

FY 2024-25

₹36 Cr

−23.51% vs FY 2023-24

0.0006% of India’s total imports

Trade Balance

FY 2024-25

₹52 Cr

Trade Surplus

Surplus rank #2134 of 12657 HSN codes

% of Sub-Chapter 2907

FY 2024-25

3.89%

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

Import side: 0.62% of Sub-Chapter 2907’s imports

Rank Within Sub-Chapter 2907

FY 2024-25

#9 of 23

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

Import-side rank: #14 of 23

At a glance

3.12%

Export CAGR

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

#2861

National Export Rank

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

+105.31%

Peak Growth Year

FY 2020-21 · strongest single-year move

3.89%

Contribution to Sub-Ch. 2907

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

India Export-Import Trade Statistics for HSN Code 29071190

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 #2378

Balance

+17.77

Exports

72.52 ₹ Cr

0.0032% share

— YoY

4.54% of Sub-Ch. 2907

Imports

54.75 ₹ Cr

0.0015% share

— YoY

1.03% of Sub-Ch. 2907

FY 2019-20 Exp. Rank #2504

Balance

+27.52

Exports

66.67 ₹ Cr

0.0030% share

−8.07% YoY

3.52% of Sub-Ch. 2907

Imports

39.15 ₹ Cr

0.0012% share

−28.49% YoY

1.00% of Sub-Ch. 2907

FY 2020-21 Exp. Rank #1750

Balance

+112.42

Exports

136.88 ₹ Cr

0.0064% share

+105.31% YoY

6.41% of Sub-Ch. 2907

Imports

24.46 ₹ Cr

0.0008% share

−37.52% YoY

0.65% of Sub-Ch. 2907

FY 2021-22 Exp. Rank #2639

Balance

+57.10

Exports

84.51 ₹ Cr

0.0027% share

−38.26% YoY

3.27% of Sub-Ch. 2907

Imports

27.41 ₹ Cr

0.0006% share

+12.06% YoY

0.44% of Sub-Ch. 2907

FY 2022-23 Exp. Rank #3024

Balance

+28.02

Exports

70.63 ₹ Cr

0.0020% share

−16.42% YoY

3.08% of Sub-Ch. 2907

Imports

42.61 ₹ Cr

0.0007% share

+55.45% YoY

0.71% of Sub-Ch. 2907

FY 2023-24 Exp. Rank #3517

Balance

+3.67

Exports

50.37 ₹ Cr

0.0014% share

−28.68% YoY

2.66% of Sub-Ch. 2907

Imports

46.70 ₹ Cr

0.0008% share

+9.60% YoY

0.97% of Sub-Ch. 2907

FY 2024-25 Exp. Rank #2861

Balance

+51.50

Exports

87.22 ₹ Cr

0.0024% share

+73.16% YoY

3.89% of Sub-Ch. 2907

Imports

35.72 ₹ Cr

0.0006% share

−23.51% YoY

0.62% of Sub-Ch. 2907

CAGR · 7-Year

Exports

3.12% /yr

Imports

−6.87% /yr

Consistently Surplus
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 29071190 Export-Import Analysis

Consistent Export Growth: 3.12% CAGR Over 7 Years

India's exports under HSN Code 29071190 have grown at a compound annual rate of 3.12% over 7 fiscal years, rising from ₹72.52 Crore in FY 2018-19 to ₹87.22 Crore in FY 2024-25.

HSN Code 29071190 Ranked #2861 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29071190 ranks #2861 out of 12657 HSN codes by total export value. Within Sub-Chapter 2907, it ranks #9 of 23. By trade surplus, it ranks #2134 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 29071190 Exports

The strongest single-year export movement for HSN Code 29071190 was recorded in FY 2020-21, when exports surged by 105.31% over the prior year.

India Maintains a Trade Surplus of ₹51.50 Crore in HSN Code 29071190 Goods

In FY 2024-25, India's exports of ₹87.22 Cr exceeded imports of ₹35.72 Cr, resulting in a trade surplus of ₹51.50 Crore — ranking #2134 of 12657 by surplus magnitude.

Import Growth of −6.87% CAGR Signals Stable Import Dependency for Other monophenols

India's imports under HSN Code 29071190 have grown at −6.87% CAGR, reaching ₹35.72 Crore in FY 2024-25.

HSN Code 29071190 Contributes 3.89% of Sub-Chapter 2907 Exports — Ranked #9

Among the 23 HSN codes under Sub-Chapter 2907, HSN Code 29071190 ranks #9 by export value — accounting for 3.89% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.62% share (rank #14).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29071190 and GST compliance.

What products are classified under HSN 29071190 ?

It includes Other monophenols

Any common misclassification issue with Other monophenols?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

How should mixed supplies be billed when Other monophenols is sold with other items?

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

Can we claim ITC on inputs used to trade Other monophenols?

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

Do e‑way bill and e‑invoice apply for Other monophenols?

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 Other monophenols?

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.