--- title: "HSN Code for Monophenols : Octylphenol, nonylphenol and their isomers; salt thereof | HSN 29071300 GST Rate" description: "Find HSN and GST Rates for 29071300 related to Monophenols : Octylphenol, nonylphenol and their isomers; salt thereof with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29071300/" --- # HSN Code 29071300: Monophenols : Octylphenol, nonylphenol and their isomers; salt thereof - [Section 06: Guide to HSN Section 06](https://busy.in/hsn/section-06/) - [Chapter 29: Organic Chemicals](https://busy.in/hsn/chapter-29/) - [Sub-chapter 2907: Phenols & derivatives](https://busy.in/hsn/sub-chapter-2907/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Monophenols : Octylphenol, nonylphenol and their isomers; salt thereof | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29071300 ? It includes Monophenols : Octylphenol, nonylphenol and their isomers; salt thereof ### How should mixed supplies be billed when Monophenols : Octylphenol, nonylphenol and their isomers; salt thereof is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Monophenols : Octylphenol, nonylphenol and their isomers; salt thereof; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Monophenols : Octylphenol, nonylphenol and their isomers; salt thereof? 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 Monophenols : Octylphenol, nonylphenol and their isomers; salt thereof? 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. ### How much GST applies to Monophenols : Octylphenol, nonylphenol and their isomers; salt thereof? Under HSN 29071300, Monophenols : Octylphenol, nonylphenol and their isomers; salt thereof attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Monophenols : Octylphenol, nonylphenol and their isomers; salt thereof? 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. ## India's trade performance: HSN Code 29071300 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹33 Cr (+12.18% YoY) — 0.0009% of India's total exports - Imports: ₹199 Cr (+34.45% YoY) — 0.0033% of India's total imports - Trade balance: −₹166 Cr (Deficit); surplus rank #11185 of 12657 HSN codes - Share of Sub-Chapter 2907: 1.46% of its exports; import side 3.46% - Rank within Sub-Chapter 2907: #15 of 23 by export value; import-side #8 ### Key metrics - Export CAGR: 10.15% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4206 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +156.04% in FY 2021-22 - Contribution to Sub-Ch. 2907: 1.46% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29071300 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 2907 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2907 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 18.31 | 0.0008% | — | 1.15% | 41.54 | 0.0012% | — | 0.78% | −23.23 | #4214 | | FY 2019-20 | 39.90 | 0.0018% | +117.91% | 2.11% | 76.00 | 0.0023% | +82.96% | 1.94% | −36.10 | #3217 | | FY 2020-21 | 16.31 | 0.0008% | −59.12% | 0.76% | 36.34 | 0.0012% | −52.18% | 0.96% | −20.03 | #4476 | | FY 2021-22 | 41.76 | 0.0013% | +156.04% | 1.62% | 54.27 | 0.0012% | +49.34% | 0.88% | −12.51 | #3613 | | FY 2022-23 | 24.92 | 0.0007% | −40.33% | 1.09% | 104.38 | 0.0018% | +92.33% | 1.73% | −79.46 | #4406 | | FY 2023-24 | 29.15 | 0.0008% | +16.97% | 1.54% | 147.93 | 0.0026% | +41.72% | 3.09% | −118.78 | #4280 | | FY 2024-25 | 32.70 | 0.0009% | +12.18% | 1.46% | 198.89 | 0.0033% | +34.45% | 3.46% | −166.19 | #4206 | - CAGR (7-year): exports 10.15%/yr, imports 29.82%/yr (consistently Deficit) ## Key trade insights: HSN Code 29071300 export-import analysis ### Consistent export growth: 10.15% CAGR over 7 years India's exports under HSN Code 29071300 have grown at a compound annual rate of 10.15% over 7 fiscal years, rising from ₹18.31 Crore in FY 2018-19 to ₹32.70 Crore in FY 2024-25. ### HSN Code 29071300 ranked #4206 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29071300 ranks #4206 out of 12657 HSN codes by total export value. Within Sub-Chapter 2907, it ranks #15 of 23. By trade surplus, it ranks #11185 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 29071300 exports The strongest single-year export movement for HSN Code 29071300 was recorded in FY 2021-22, when exports surged by 156.04% over the prior year. ### India records a trade deficit of ₹166.19 Crore in HSN Code 29071300 goods In FY 2024-25, India's imports of ₹198.89 Cr exceeded exports of ₹32.70 Cr, resulting in a trade deficit of ₹166.19 Crore — ranking #11185 of 12657 by surplus magnitude. ### Import growth of 29.82% CAGR signals rising demand for Monophenols : Octylphenol, nonylphenol and their isomers; salt thereof India's imports under HSN Code 29071300 have grown at 29.82% CAGR, reaching ₹198.89 Crore in FY 2024-25. ### HSN Code 29071300 contributes 1.46% of Sub-Chapter 2907 exports — ranked #15 Among the 23 HSN codes under Sub-Chapter 2907, HSN Code 29071300 ranks #15 by export value — accounting for 1.46% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.46% share (rank #8). ## Related HSN Codes in Sub-Chapter 2907 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 29072990: Polyphenols ; phenol-alcohols :Other :Other](https://busy.in/hsn/hsn-29072990/) | ₹464 Cr | | #2 | [HSN Code 29071990: Monophenols \| Other](https://busy.in/hsn/hsn-29071990/) | ₹298 Cr | | #3 | [HSN Code 29072930: Tertiary butyl hydroquinone](https://busy.in/hsn/hsn-29072930/) | ₹259 Cr | | #4 | [HSN Code 29071210: Monophenols: Para cresols (p-cresols)](https://busy.in/hsn/hsn-29071210/) | ₹252 Cr | | #5 | [HSN Code 29071110: Pure Carbolic Acid (Phenol)](https://busy.in/hsn/hsn-29071110/) | ₹162 Cr | | #6 | [HSN Code 29071290: Monophenols :Cresols and their salts : Other](https://busy.in/hsn/hsn-29071290/) | ₹144 Cr | | #7 | [HSN Code 29072100: Resorcinol and its salts](https://busy.in/hsn/hsn-29072100/) | ₹122 Cr | | #8 | [HSN Code 29072200: Hydroquinone and its salts](https://busy.in/hsn/hsn-29072200/) | ₹93 Cr | | #9 | [HSN Code 29071190: Other monophenols](https://busy.in/hsn/hsn-29071190/) | ₹87 Cr | | #10 | [HSN Code 29071930: Monophenols \| Other](https://busy.in/hsn/hsn-29071930/) | ₹79 Cr | | #15 | HSN Code 29071300: Monophenols : Octylphenol, nonylphenol and their isomers; salt thereof (this hsn code) | ₹33 Cr |