HSN Code 29071520: Beta naphthols & salts

HSN Code 29071520 represents Beta naphthols & salts under GST classification. This code helps businesses identify Beta naphthols & salts correctly for billing, taxation, and trade. With HSN Code 29071520, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Beta naphthols & salts.

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Description of Goods for HSN Code 29071520

HSN Code 29071520 relates to the following description.

Description of Goods

Monophenols : Naphthols and their salts : Beta naphthols

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 29071520 not include?

Beta naphthols & salts 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 29071520 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

₹42 Cr

+122.96% vs FY 2023-24

0.0012% of India’s total exports

India’s Imports

FY 2024-25

₹278 Cr

+14.76% vs FY 2023-24

0.0046% of India’s total imports

Trade Balance

FY 2024-25

−₹235 Cr

Trade Deficit

Surplus rank #11428 of 12657 HSN codes

% of Sub-Chapter 2907

FY 2024-25

1.89%

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

Import side: 4.84% of Sub-Chapter 2907’s imports

Rank Within Sub-Chapter 2907

FY 2024-25

#14 of 23

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

Import-side rank: #6 of 23

At a glance

−6.21%

Export CAGR

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

#3853

National Export Rank

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

+122.96%

Peak Growth Year

FY 2024-25 · strongest single-year move

1.89%

Contribution to Sub-Ch. 2907

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

India Export-Import Trade Statistics for HSN Code 29071520

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 #2574

Balance

−218.99

Exports

62.33 ₹ Cr

0.0027% share

— YoY

3.90% of Sub-Ch. 2907

Imports

281.32 ₹ Cr

0.0078% share

— YoY

5.30% of Sub-Ch. 2907

FY 2019-20 Exp. Rank #2885

Balance

−163.21

Exports

49.35 ₹ Cr

0.0022% share

−20.82% YoY

2.61% of Sub-Ch. 2907

Imports

212.56 ₹ Cr

0.0063% share

−24.44% YoY

5.41% of Sub-Ch. 2907

FY 2020-21 Exp. Rank #2958

Balance

−174.00

Exports

49.10 ₹ Cr

0.0023% share

−0.51% YoY

2.30% of Sub-Ch. 2907

Imports

223.10 ₹ Cr

0.0077% share

+4.96% YoY

5.89% of Sub-Ch. 2907

FY 2021-22 Exp. Rank #2980

Balance

−299.22

Exports

65.41 ₹ Cr

0.0021% share

+33.22% YoY

2.53% of Sub-Ch. 2907

Imports

364.63 ₹ Cr

0.0080% share

+63.44% YoY

5.91% of Sub-Ch. 2907

FY 2022-23 Exp. Rank #3238

Balance

−232.19

Exports

59.77 ₹ Cr

0.0017% share

−8.62% YoY

2.60% of Sub-Ch. 2907

Imports

291.96 ₹ Cr

0.0051% share

−19.93% YoY

4.84% of Sub-Ch. 2907

FY 2023-24 Exp. Rank #4834

Balance

−223.02

Exports

19.03 ₹ Cr

0.0005% share

−68.16% YoY

1.00% of Sub-Ch. 2907

Imports

242.05 ₹ Cr

0.0043% share

−17.09% YoY

5.05% of Sub-Ch. 2907

FY 2024-25 Exp. Rank #3853

Balance

−235.34

Exports

42.43 ₹ Cr

0.0012% share

+122.96% YoY

1.89% of Sub-Ch. 2907

Imports

277.77 ₹ Cr

0.0046% share

+14.76% YoY

4.84% of Sub-Ch. 2907

CAGR · 7-Year

Exports

−6.21% /yr

Imports

−0.21% /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 29071520 Export-Import Analysis

Export Decline: −6.21% CAGR Over 7 Years

India's exports under HSN Code 29071520 have declined at a compound annual rate of −6.21% over 7 fiscal years, falling from ₹62.33 Crore in FY 2018-19 to ₹42.43 Crore in FY 2024-25.

HSN Code 29071520 Ranked #3853 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29071520 ranks #3853 out of 12657 HSN codes by total export value. Within Sub-Chapter 2907, it ranks #14 of 23. By trade surplus, it ranks #11428 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 29071520 Exports

The strongest single-year export movement for HSN Code 29071520 was recorded in FY 2024-25, when exports surged by 122.96% over the prior year.

India Records a Trade Deficit of ₹235.34 Crore in HSN Code 29071520 Goods

In FY 2024-25, India's imports of ₹277.77 Cr exceeded exports of ₹42.43 Cr, resulting in a trade deficit of ₹235.34 Crore — ranking #11428 of 12657 by surplus magnitude.

Import Growth of −0.21% CAGR Signals Stable Import Dependency for Beta naphthols & salts

India's imports under HSN Code 29071520 have grown at −0.21% CAGR, reaching ₹277.77 Crore in FY 2024-25.

HSN Code 29071520 Contributes 1.89% of Sub-Chapter 2907 Exports — Ranked #14

Among the 23 HSN codes under Sub-Chapter 2907, HSN Code 29071520 ranks #14 by export value — accounting for 1.89% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.84% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29071520 and GST compliance.

What products are classified under HSN 29071520 ?

It includes Beta naphthols & salts

How should mixed supplies be billed when Beta naphthols & salts is sold with other items?

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

Can we claim ITC on inputs used to trade Beta naphthols & salts?

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 Beta naphthols & salts?

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

Do e‑way bill and e‑invoice apply for Beta naphthols & salts?

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 Beta naphthols & salts?

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.