HSN Code 29071210: Monophenols: Para cresols (p-cresols)

HSN Code 29071210 represents Monophenols: Para cresols (p-cresols) under GST classification. This code helps businesses identify Monophenols: Para cresols (p-cresols) correctly for billing, taxation, and trade. With HSN Code 29071210, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Monophenols: Para cresols (p-cresols).

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 29071210

HSN Code 29071210 relates to the following description.

Description of Goods

Monophenols : Cresols and their salts : Para cresols (p-cresols)

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 29071210 not include?

Monophenols: Para cresols (p-cresols) 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 29071210 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

₹252 Cr

+30.84% vs FY 2023-24

0.0068% of India’s total exports

India’s Imports

FY 2024-25

₹18 Cr

−2.34% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

₹233 Cr

Trade Surplus

Surplus rank #1050 of 12657 HSN codes

% of Sub-Chapter 2907

FY 2024-25

11.22%

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

Import side: 0.32% of Sub-Chapter 2907’s imports

Rank Within Sub-Chapter 2907

FY 2024-25

#4 of 23

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

Import-side rank: #16 of 23

At a glance

−1.69%

Export CAGR

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

#1613

National Export Rank

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

+76.40%

Peak Growth Year

FY 2021-22 · strongest single-year move

11.22%

Contribution to Sub-Ch. 2907

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

India Export-Import Trade Statistics for HSN Code 29071210

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 #1038

Balance

+235.17

Exports

278.64 ₹ Cr

0.0122% share

— YoY

17.45% of Sub-Ch. 2907

Imports

43.47 ₹ Cr

0.0012% share

— YoY

0.82% of Sub-Ch. 2907

FY 2019-20 Exp. Rank #1134

Balance

+218.20

Exports

252.42 ₹ Cr

0.0115% share

−9.41% YoY

13.34% of Sub-Ch. 2907

Imports

34.22 ₹ Cr

0.0010% share

−21.28% YoY

0.87% of Sub-Ch. 2907

FY 2020-21 Exp. Rank #1672

Balance

+117.78

Exports

147.74 ₹ Cr

0.0069% share

−41.47% YoY

6.92% of Sub-Ch. 2907

Imports

29.96 ₹ Cr

0.0010% share

−12.45% YoY

0.79% of Sub-Ch. 2907

FY 2021-22 Exp. Rank #1395

Balance

+248.04

Exports

260.61 ₹ Cr

0.0083% share

+76.40% YoY

10.08% of Sub-Ch. 2907

Imports

12.57 ₹ Cr

0.0003% share

−58.04% YoY

0.20% of Sub-Ch. 2907

FY 2022-23 Exp. Rank #1873

Balance

+155.43

Exports

174.61 ₹ Cr

0.0048% share

−33.00% YoY

7.60% of Sub-Ch. 2907

Imports

19.18 ₹ Cr

0.0003% share

+52.59% YoY

0.32% of Sub-Ch. 2907

FY 2023-24 Exp. Rank #1818

Balance

+173.53

Exports

192.31 ₹ Cr

0.0053% share

+10.14% YoY

10.16% of Sub-Ch. 2907

Imports

18.78 ₹ Cr

0.0003% share

−2.09% YoY

0.39% of Sub-Ch. 2907

FY 2024-25 Exp. Rank #1613

Balance

+233.28

Exports

251.62 ₹ Cr

0.0068% share

+30.84% YoY

11.22% of Sub-Ch. 2907

Imports

18.34 ₹ Cr

0.0003% share

−2.34% YoY

0.32% of Sub-Ch. 2907

CAGR · 7-Year

Exports

−1.69% /yr

Imports

−13.40% /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 29071210 Export-Import Analysis

Export Decline: −1.69% CAGR Over 7 Years

India's exports under HSN Code 29071210 have declined at a compound annual rate of −1.69% over 7 fiscal years, falling from ₹278.64 Crore in FY 2018-19 to ₹251.62 Crore in FY 2024-25.

HSN Code 29071210 Ranked #1613 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29071210 ranks #1613 out of 12657 HSN codes by total export value. Within Sub-Chapter 2907, it ranks #4 of 23. By trade surplus, it ranks #1050 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 29071210 Exports

The strongest single-year export movement for HSN Code 29071210 was recorded in FY 2021-22, when exports surged by 76.40% over the prior year.

India Maintains a Trade Surplus of ₹233.28 Crore in HSN Code 29071210 Goods

In FY 2024-25, India's exports of ₹251.62 Cr exceeded imports of ₹18.34 Cr, resulting in a trade surplus of ₹233.28 Crore — ranking #1050 of 12657 by surplus magnitude.

Import Growth of −13.40% CAGR Signals Stable Import Dependency for Monophenols: Para cresols (p-cresols)

India's imports under HSN Code 29071210 have grown at −13.40% CAGR, reaching ₹18.34 Crore in FY 2024-25.

HSN Code 29071210 Contributes 11.22% of Sub-Chapter 2907 Exports — Ranked #4

Among the 23 HSN codes under Sub-Chapter 2907, HSN Code 29071210 ranks #4 by export value — accounting for 11.22% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.32% share (rank #16).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 29071210 and GST compliance.

What products are classified under HSN 29071210 ?

It includes Monophenols: Para cresols (p-cresols)

How much GST applies to Monophenols: Para cresols (p-cresols)?

Under HSN 29071210, Monophenols: Para cresols (p-cresols) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Monophenols: Para cresols (p-cresols)?

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 Monophenols: Para cresols (p-cresols)?

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.

Can we claim ITC on inputs used to trade Monophenols: Para cresols (p-cresols)?

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

Any common misclassification issue with Monophenols: Para cresols (p-cresols)?

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

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.