---
title: "HSN Code for Monophenols | Other | HSN 29071930 GST Rate"
description: "Find HSN and GST Rates for 29071930 related to Monophenols | Other with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-29071930/"
---

# HSN Code 29071930: Monophenols | 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 : Other : Thymol | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 29071930 ?

It includes Monophenols | Other

### Can we claim ITC on inputs used to trade Monophenols / Other?

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 Monophenols / Other?

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 Monophenols / Other?

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.

### How should mixed supplies be billed when Monophenols / Other is sold with other items?

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

### Does packaging or labelling change the GST for Monophenols / 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.

## India's trade performance: HSN Code 29071930 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹79 Cr (+40.05% YoY) — 0.0021% of India's total exports
- Imports: < ₹1 Crore (+13.43% YoY) — 0.0000% of India's total imports
- Trade balance: ₹78 Cr (Surplus); surplus rank #1785 of 12657 HSN codes
- Share of Sub-Chapter 2907: 3.51% of its exports; import side 0.01%
- Rank within Sub-Chapter 2907: #10 of 23 by export value; import-side #21

### Key metrics

- Export CAGR: 9.81% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #2995 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +292.67% in FY 2020-21
- Contribution to Sub-Ch. 2907: 3.51% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 29071930

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 | 44.93 | 0.0020% | — | 2.81% | 1.95 | 0.0001% | — | 0.04% | +42.98 | #3016 |
| FY 2019-20 | 63.88 | 0.0029% | +42.18% | 3.37% | 1.34 | 0.0000% | −31.28% | 0.03% | +62.54 | #2563 |
| FY 2020-21 | 250.84 | 0.0117% | +292.67% | 11.75% | 6.15 | 0.0002% | +358.96% | 0.16% | +244.69 | #1170 |
| FY 2021-22 | 95.32 | 0.0030% | −62.00% | 3.69% | 1.81 | 0.0000% | −70.57% | 0.03% | +93.51 | #2478 |
| FY 2022-23 | 81.36 | 0.0022% | −14.65% | 3.54% | 1.10 | 0.0000% | −39.23% | 0.02% | +80.26 | #2825 |
| FY 2023-24 | 56.26 | 0.0016% | −30.85% | 2.97% | < ₹1 Crore | 0.0000% | −39.09% | 0.01% | +55.59 | #3358 |
| FY 2024-25 | 78.79 | 0.0021% | +40.05% | 3.51% | < ₹1 Crore | 0.0000% | +13.43% | 0.01% | +78.03 | #2995 |

- CAGR (7-year): exports 9.81%/yr, imports -14.53%/yr (consistently Surplus)

## Key trade insights: HSN Code 29071930 export-import analysis

### Consistent export growth: 9.81% CAGR over 7 years

India's exports under HSN Code 29071930 have grown at a compound annual rate of 9.81% over 7 fiscal years, rising from ₹44.93 Crore in FY 2018-19 to ₹78.79 Crore in FY 2024-25.

### HSN Code 29071930 ranked #2995 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 29071930 ranks #2995 out of 12657 HSN codes by total export value. Within Sub-Chapter 2907, it ranks #10 of 23. By trade surplus, it ranks #1785 of 12657.

### FY 2020-21 was the strongest growth year for HSN Code 29071930 exports

The strongest single-year export movement for HSN Code 29071930 was recorded in FY 2020-21, when exports surged by 292.67% over the prior year.

### India maintains a trade surplus of ₹78.03 Crore in HSN Code 29071930 goods

In FY 2024-25, India's exports of ₹78.79 Cr exceeded imports of ₹0.76 Cr, resulting in a trade surplus of ₹78.03 Crore — ranking #1785 of 12657 by surplus magnitude.

### Import growth of -14.53% CAGR signals stable import dependency for Monophenols | Other

India's imports under HSN Code 29071930 have grown at -14.53% CAGR, reaching ₹0.76 Crore in FY 2024-25.

### HSN Code 29071930 contributes 3.51% of Sub-Chapter 2907 exports — ranked #10

Among the 23 HSN codes under Sub-Chapter 2907, HSN Code 29071930 ranks #10 by export value — accounting for 3.51% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #21).

## 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 (this hsn code) | ₹79 Cr |