HSN Code 29071300: Monophenols : Octylphenol, nonylphenol and their isomers; salt thereof

HSN Code 29071300 represents Monophenols : Octylphenol, nonylphenol and their isomers; salt thereof under GST classification. This code helps businesses identify Monophenols : Octylphenol, nonylphenol and their isomers; salt thereof correctly for billing, taxation, and trade. With HSN Code 29071300, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Monophenols : Octylphenol, nonylphenol and their isomers; salt thereof.

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Description of Goods for HSN Code 29071300

HSN Code 29071300 relates to the following description.

Description of Goods

Monophenols : Octylphenol, nonylphenol and their isomers; salt thereof

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 29071300 not include?

Monophenols : Octylphenol, nonylphenol and their isomers; salt thereof 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 29071300 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

₹33 Cr

+12.18% vs FY 2023-24

0.0009% of India’s total exports

India’s Imports

FY 2024-25

₹199 Cr

+34.45% vs FY 2023-24

0.0033% of India’s total imports

Trade Balance

FY 2024-25

−₹166 Cr

Trade Deficit

Surplus rank #11185 of 12657 HSN codes

% of Sub-Chapter 2907

FY 2024-25

1.46%

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

Import side: 3.46% of Sub-Chapter 2907’s imports

Rank Within Sub-Chapter 2907

FY 2024-25

#15 of 23

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

Import-side rank: #8 of 23

At a glance

10.15%

Export CAGR

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

#4206

National Export Rank

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

+156.04%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.46%

Contribution to Sub-Ch. 2907

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #4214

Balance

−23.23

Exports

18.31 ₹ Cr

0.0008% share

— YoY

1.15% of Sub-Ch. 2907

Imports

41.54 ₹ Cr

0.0012% share

— YoY

0.78% of Sub-Ch. 2907

FY 2019-20 Exp. Rank #3217

Balance

−36.10

Exports

39.90 ₹ Cr

0.0018% share

+117.91% YoY

2.11% of Sub-Ch. 2907

Imports

76.00 ₹ Cr

0.0023% share

+82.96% YoY

1.94% of Sub-Ch. 2907

FY 2020-21 Exp. Rank #4476

Balance

−20.03

Exports

16.31 ₹ Cr

0.0008% share

−59.12% YoY

0.76% of Sub-Ch. 2907

Imports

36.34 ₹ Cr

0.0012% share

−52.18% YoY

0.96% of Sub-Ch. 2907

FY 2021-22 Exp. Rank #3613

Balance

−12.51

Exports

41.76 ₹ Cr

0.0013% share

+156.04% YoY

1.62% of Sub-Ch. 2907

Imports

54.27 ₹ Cr

0.0012% share

+49.34% YoY

0.88% of Sub-Ch. 2907

FY 2022-23 Exp. Rank #4406

Balance

−79.46

Exports

24.92 ₹ Cr

0.0007% share

−40.33% YoY

1.09% of Sub-Ch. 2907

Imports

104.38 ₹ Cr

0.0018% share

+92.33% YoY

1.73% of Sub-Ch. 2907

FY 2023-24 Exp. Rank #4280

Balance

−118.78

Exports

29.15 ₹ Cr

0.0008% share

+16.97% YoY

1.54% of Sub-Ch. 2907

Imports

147.93 ₹ Cr

0.0026% share

+41.72% YoY

3.09% of Sub-Ch. 2907

FY 2024-25 Exp. Rank #4206

Balance

−166.19

Exports

32.70 ₹ Cr

0.0009% share

+12.18% YoY

1.46% of Sub-Ch. 2907

Imports

198.89 ₹ Cr

0.0033% share

+34.45% YoY

3.46% of Sub-Ch. 2907

CAGR · 7-Year

Exports

10.15% /yr

Imports

29.82% /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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29071300 and GST compliance.

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.

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.