Find GST Rates & HSN

HSN Code 29071220: Cresylic Acid

HSN Code 29071220 represents Cresylic Acid under GST classification. This code helps businesses identify Cresylic Acid correctly for billing, taxation, and trade. With HSN Code 29071220, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cresylic Acid.

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Description of Goods for HSN Code 29071220

HSN Code 29071220 relates to the following description.

Description of Goods

Monophenols : Cresols and their salts : Cresylic 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 29071220 not include?

Cresylic Acid 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

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India’s Trade Performance — HSN Code 29071220 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

< ₹1 Crore

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2025-26

₹45 Cr

+0.78% vs FY 2024-25

0.0007% of India’s total imports

Trade Balance

FY 2025-26

−₹45 Cr

Trade Deficit

Surplus rank #10233 of 12872 HSN codes

% of Sub-Chapter 2907

FY 2025-26

0.00%

Share of Sub-Chapter 2907’s total exports in FY 2025-26

Import side: 0.82% of Sub-Chapter 2907’s imports

Rank Within Sub-Chapter 2907

FY 2025-26

#21 of 23

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

Import-side rank: #14 of 23

At a glance

#10399

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+1,98,100.00%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.00%

Contribution to Sub-Ch. 2907

Share of Sub-Chapter 2907 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 29071220

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19

Balance

−47.46

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2907

Imports

47.46 ₹ Cr

0.0013% share

— YoY

0.89% of Sub-Ch. 2907

FY 2019-20

Balance

−61.42

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2907

Imports

61.42 ₹ Cr

0.0018% share

+29.41% YoY

1.56% of Sub-Ch. 2907

FY 2020-21 Exp. Rank #9546

Balance

−66.77

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2907

Imports

66.82 ₹ Cr

0.0023% share

+8.79% YoY

1.77% of Sub-Ch. 2907

FY 2021-22 Exp. Rank #2426

Balance

−3.46

Exports

99.10 ₹ Cr

0.0032% share

+1,98,100.00% YoY

3.83% of Sub-Ch. 2907

Imports

102.56 ₹ Cr

0.0022% share

+53.49% YoY

1.66% of Sub-Ch. 2907

FY 2022-23 Exp. Rank #2579

Balance

−17.62

Exports

96.45 ₹ Cr

0.0027% share

−2.67% YoY

4.20% of Sub-Ch. 2907

Imports

114.07 ₹ Cr

0.0020% share

+11.22% YoY

1.89% of Sub-Ch. 2907

FY 2023-24 Exp. Rank #3501

Balance

−11.10

Exports

51.10 ₹ Cr

0.0014% share

−47.02% YoY

2.70% of Sub-Ch. 2907

Imports

62.20 ₹ Cr

0.0011% share

−45.47% YoY

1.30% of Sub-Ch. 2907

FY 2024-25

Balance

−44.81

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2907

Imports

44.81 ₹ Cr

0.0007% share

−27.96% YoY

0.78% of Sub-Ch. 2907

FY 2025-26 Exp. Rank #10399

Balance

−45.14

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2907

Imports

45.16 ₹ Cr

0.0007% share

+0.78% YoY

0.82% of Sub-Ch. 2907

CAGR · 8-Year

Exports

—

Imports

−0.71% /yr

Consistently Deficit
Sub-Chapter 2907 total

reference, FY 2025-26

Export

₹2,499.38 Cr

Import

₹5,474.97 Cr

Trade Balance

−2,975.59

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

Key Trade Insights: HSN Code 29071220 Export-Import Analysis

Export Snapshot for HSN Code 29071220

India exported ₹0.02 Crore worth of Cresylic Acid in FY 2025-26. Multi-year trend data is being compiled for this hsn code.

HSN Code 29071220 Ranked #10399 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 29071220 ranks #10399 out of 12872 HSN codes by total export value. Within Sub-Chapter 2907, it ranks #21 of 23. By trade surplus, it ranks #10233 of 12872.

FY 2021-22 Was the Strongest Growth Year for HSN Code 29071220 Exports

The strongest single-year export movement for HSN Code 29071220 was recorded in FY 2021-22, when exports surged by 1,98,100.00% over the prior year.

India Records a Trade Deficit of ₹45.14 Crore in HSN Code 29071220 Goods

In FY 2025-26, India's imports of ₹45.16 Cr exceeded exports of ₹0.02 Cr, resulting in a trade deficit of ₹45.14 Crore — ranking #10233 of 12872 by surplus magnitude.

Import Growth of −0.71% CAGR Signals Stable Import Dependency for Cresylic Acid

India's imports under HSN Code 29071220 have grown at −0.71% CAGR, reaching ₹45.16 Crore in FY 2025-26.

HSN Code 29071220 Contributes 0.00% of Sub-Chapter 2907 Exports — Ranked #21

Among the 23 HSN codes under Sub-Chapter 2907, HSN Code 29071220 ranks #21 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.82% share (rank #14).

Frequently Asked Questions

Clear answers to common queries about HSN Code 29071220 and GST compliance.

What products are classified under HSN 29071220 ?

It includes Cresylic Acid

Do e‑way bill and e‑invoice apply for Cresylic Acid?

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.

Can we claim ITC on inputs used to trade Cresylic Acid?

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

Does packaging or labelling change the GST for Cresylic Acid?

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.

Any common misclassification issue with Cresylic Acid?

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 Cresylic Acid is sold with other items?

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

How much GST applies to Cresylic Acid?

Under HSN 29071220, Cresylic Acid attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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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.