--- title: "HSN Code for Monophenols : Naphthols and their salts : Other | HSN 29071590 GST Rate" description: "Find HSN and GST Rates for 29071590 related to Monophenols : Naphthols and their salts : Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29071590/" --- # HSN Code 29071590: Monophenols : Naphthols and their salts : Other - [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 : Naphthols and their salts : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29071590 ? It includes Monophenols : Naphthols and their salts : Other ### Does packaging or labelling change the GST for Monophenols : Naphthols and their salts : Other? 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 Monophenols : Naphthols and their salts : Other? 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 Monophenols : Naphthols and their salts : Other is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Monophenols : Naphthols and their salts : Other; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Monophenols : Naphthols and their salts : Other? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Monophenols : Naphthols and their salts : Other? Under HSN 29071590, Monophenols : Naphthols and their salts : Other attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 29071590 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹1 Cr (−69.40% YoY) — 0.0000% of India's total exports - Imports: ₹60 Cr (+28.30% YoY) — 0.0010% of India's total imports - Trade balance: −₹59 Cr (Deficit); surplus rank #10368 of 12657 HSN codes - Share of Sub-Chapter 2907: 0.06% of its exports; import side 1.05% - Rank within Sub-Chapter 2907: #18 of 23 by export value; import-side #12 ### Key metrics - Export CAGR: -13.78% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7949 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +84.82% in FY 2019-20 - Contribution to Sub-Ch. 2907: 0.06% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29071590 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 | 3.36 | 0.0001% | — | 0.21% | 59.21 | 0.0017% | — | 1.11% | −55.85 | #6336 | | FY 2019-20 | 6.21 | 0.0003% | +84.82% | 0.33% | 61.23 | 0.0018% | +3.41% | 1.56% | −55.02 | #5587 | | FY 2020-21 | 2.92 | 0.0001% | −52.98% | 0.14% | 52.07 | 0.0018% | −14.96% | 1.38% | −49.15 | #6591 | | FY 2021-22 | 3.00 | 0.0001% | +2.74% | 0.12% | 101.43 | 0.0022% | +94.80% | 1.64% | −98.43 | #6901 | | FY 2022-23 | 4.66 | 0.0001% | +55.33% | 0.20% | 50.78 | 0.0009% | −49.94% | 0.84% | −46.12 | #6533 | | FY 2023-24 | 4.51 | 0.0001% | −3.22% | 0.24% | 46.93 | 0.0008% | −7.58% | 0.98% | −42.42 | #6695 | | FY 2024-25 | 1.38 | 0.0000% | −69.40% | 0.06% | 60.21 | 0.0010% | +28.30% | 1.05% | −58.83 | #7949 | - CAGR (7-year): exports -13.78%/yr, imports 0.28%/yr (consistently Deficit) ## Key trade insights: HSN Code 29071590 export-import analysis ### Export decline: -13.78% CAGR over 7 years India's exports under HSN Code 29071590 have declined at a compound annual rate of -13.78% over 7 fiscal years, falling from ₹3.36 Crore in FY 2018-19 to ₹1.38 Crore in FY 2024-25. ### HSN Code 29071590 ranked #7949 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29071590 ranks #7949 out of 12657 HSN codes by total export value. Within Sub-Chapter 2907, it ranks #18 of 23. By trade surplus, it ranks #10368 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 29071590 exports The strongest single-year export movement for HSN Code 29071590 was recorded in FY 2019-20, when exports surged by 84.82% over the prior year. ### India records a trade deficit of ₹58.83 Crore in HSN Code 29071590 goods In FY 2024-25, India's imports of ₹60.21 Cr exceeded exports of ₹1.38 Cr, resulting in a trade deficit of ₹58.83 Crore — ranking #10368 of 12657 by surplus magnitude. ### Import growth of 0.28% CAGR signals stable import dependency for Monophenols : Naphthols and their salts : Other India's imports under HSN Code 29071590 have grown at 0.28% CAGR, reaching ₹60.21 Crore in FY 2024-25. ### HSN Code 29071590 contributes 0.06% of Sub-Chapter 2907 exports — ranked #18 Among the 23 HSN codes under Sub-Chapter 2907, HSN Code 29071590 ranks #18 by export value — accounting for 0.06% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.05% share (rank #12). ## 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 | | #18 | HSN Code 29071590: Monophenols : Naphthols and their salts : Other (this hsn code) | ₹1 Cr |