HSN Code 29071920: Monophenols |Other | P-Phenyl Phenols

HSN Code 29071920 represents Monophenols |Other | P-Phenyl Phenols under GST classification. This code helps businesses identify Monophenols |Other | P-Phenyl Phenols correctly for billing, taxation, and trade. With HSN Code 29071920, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Monophenols |Other | P-Phenyl Phenols.

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Description of Goods for HSN Code 29071920

HSN Code 29071920 relates to the following description.

Description of Goods

Monophenols :Other : p-Phenyl phenols

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 29071920 not include?

Monophenols |Other | P-Phenyl Phenols 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 29071920 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

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹3 Cr

−47.26% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹3 Cr

Trade Deficit

Surplus rank #8424 of 12657 HSN codes

% of Sub-Chapter 2907

FY 2024-25

0.00%

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

Import side: 0.06% of Sub-Chapter 2907’s imports

At a glance

+509.76%

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 2024-25

India Export-Import Trade Statistics for HSN Code 29071920

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 #8380

Balance

−12.16

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.02% of Sub-Ch. 2907

Imports

12.54 ₹ Cr

0.0003% share

— YoY

0.24% of Sub-Ch. 2907

FY 2019-20

Balance

−10.54

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2907

Imports

10.54 ₹ Cr

0.0003% share

−15.95% YoY

0.27% of Sub-Ch. 2907

FY 2020-21 Exp. Rank #8379

Balance

−9.69

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.02% of Sub-Ch. 2907

Imports

10.10 ₹ Cr

0.0003% share

−4.17% YoY

0.27% of Sub-Ch. 2907

FY 2021-22 Exp. Rank #7097

Balance

−5.18

Exports

2.50 ₹ Cr

0.0001% share

+509.76% YoY

0.10% of Sub-Ch. 2907

Imports

7.68 ₹ Cr

0.0002% share

−23.96% YoY

0.12% of Sub-Ch. 2907

FY 2022-23 Exp. Rank #7783

Balance

−4.01

Exports

1.43 ₹ Cr

0.0000% share

−42.80% YoY

0.06% of Sub-Ch. 2907

Imports

5.44 ₹ Cr

0.0001% share

−29.17% YoY

0.09% of Sub-Ch. 2907

FY 2023-24 Exp. Rank #8412

Balance

−5.74

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−42.66% YoY

0.04% of Sub-Ch. 2907

Imports

6.56 ₹ Cr

0.0001% share

+20.59% YoY

0.14% of Sub-Ch. 2907

FY 2024-25

Balance

−3.46

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2907

Imports

3.46 ₹ Cr

0.0001% share

−47.26% YoY

0.06% of Sub-Ch. 2907

CAGR · 7-Year

Exports

—

Imports

−19.31% /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 29071920 Export-Import Analysis

Export Snapshot for HSN Code 29071920

India exported ₹0.00 Crore worth of Monophenols |Other | P-Phenyl Phenols in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2021-22 Was the Strongest Growth Year for HSN Code 29071920 Exports

The strongest single-year export movement for HSN Code 29071920 was recorded in FY 2021-22, when exports surged by 509.76% over the prior year.

India Records a Trade Deficit of ₹3.46 Crore in HSN Code 29071920 Goods

In FY 2024-25, India's imports of ₹3.46 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹3.46 Crore — ranking #8424 of 12657 by surplus magnitude.

Import Growth of −19.31% CAGR Signals Stable Import Dependency for Monophenols |Other | P-Phenyl Phenols

India's imports under HSN Code 29071920 have grown at −19.31% CAGR, reaching ₹3.46 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29071920 and GST compliance.

What products are classified under HSN 29071920 ?

It includes Monophenols |Other | P-Phenyl Phenols

Does packaging or labelling change the GST for Monophenols /Other / P-Phenyl Phenols?

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 should mixed supplies be billed when Monophenols /Other / P-Phenyl Phenols is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Monophenols /Other / P-Phenyl Phenols; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Monophenols /Other / P-Phenyl Phenols?

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 /Other / P-Phenyl Phenols?

Under HSN 29071920, Monophenols /Other / P-Phenyl Phenols attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Monophenols /Other / P-Phenyl Phenols?

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

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.