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HSN Code 29071930: Thymol

HSN Code 29071930 represents Thymol under GST classification. This code helps businesses identify Thymol correctly for billing, taxation, and trade. With HSN Code 29071930, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Thymol.

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Description of Goods for HSN Code 29071930

HSN Code 29071930 relates to the following description.

Description of Goods

Monophenols : Other : Thymol

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 29071930 not include?

Thymol 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

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India’s Trade Performance — HSN Code 29071930 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹63 Cr

−20.51% vs FY 2024-25

0.0016% of India’s total exports

India’s Imports

FY 2025-26

< ₹1 Crore

+26.32% vs FY 2024-25

0.0000% of India’s total imports

Trade Balance

FY 2025-26

₹62 Cr

Trade Surplus

Surplus rank #2058 of 12872 HSN codes

% of Sub-Chapter 2907

FY 2025-26

2.51%

Share of Sub-Chapter 2907’s total exports in FY 2025-26

Import side: 0.02% of Sub-Chapter 2907’s imports

Rank Within Sub-Chapter 2907

FY 2025-26

#12 of 23

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

Import-side rank: #20 of 23

At a glance

4.86%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#3462

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+292.67%

Peak Growth Year

FY 2020-21 · strongest single-year move

2.51%

Contribution to Sub-Ch. 2907

Share of Sub-Chapter 2907 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 29071930

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #3016

Balance

+42.98

Exports

44.93 ₹ Cr

0.0020% share

— YoY

2.81% of Sub-Ch. 2907

Imports

1.95 ₹ Cr

0.0001% share

— YoY

0.04% of Sub-Ch. 2907

FY 2019-20 Exp. Rank #2563

Balance

+62.54

Exports

63.88 ₹ Cr

0.0029% share

+42.18% YoY

3.37% of Sub-Ch. 2907

Imports

1.34 ₹ Cr

0.0000% share

−31.28% YoY

0.03% of Sub-Ch. 2907

FY 2020-21 Exp. Rank #1170

Balance

+244.69

Exports

250.84 ₹ Cr

0.0117% share

+292.67% YoY

11.75% of Sub-Ch. 2907

Imports

6.15 ₹ Cr

0.0002% share

+358.96% YoY

0.16% of Sub-Ch. 2907

FY 2021-22 Exp. Rank #2478

Balance

+93.51

Exports

95.32 ₹ Cr

0.0030% share

−62.00% YoY

3.69% of Sub-Ch. 2907

Imports

1.81 ₹ Cr

0.0000% share

−70.57% YoY

0.03% of Sub-Ch. 2907

FY 2022-23 Exp. Rank #2825

Balance

+80.26

Exports

81.36 ₹ Cr

0.0022% share

−14.65% YoY

3.54% of Sub-Ch. 2907

Imports

1.10 ₹ Cr

0.0000% share

−39.23% YoY

0.02% of Sub-Ch. 2907

FY 2023-24 Exp. Rank #3358

Balance

+55.59

Exports

56.26 ₹ Cr

0.0016% share

−30.85% YoY

2.97% of Sub-Ch. 2907

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−39.09% YoY

0.01% of Sub-Ch. 2907

FY 2024-25 Exp. Rank #2995

Balance

+78.03

Exports

78.79 ₹ Cr

0.0021% share

+40.05% YoY

3.51% of Sub-Ch. 2907

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+13.43% YoY

0.01% of Sub-Ch. 2907

FY 2025-26 Exp. Rank #3462

Balance

+61.67

Exports

62.63 ₹ Cr

0.0016% share

−20.51% YoY

2.51% of Sub-Ch. 2907

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+26.32% YoY

0.02% of Sub-Ch. 2907

CAGR · 8-Year

Exports

4.86% /yr

Imports

−9.63% /yr

Consistently Surplus
Sub-Chapter 2907 total

reference, FY 2025-26

Export

₹2,499.38 Cr

Import

₹5,474.97 Cr

Trade Balance

−2,975.59

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 29071930 Export-Import Analysis

Consistent Export Growth: 4.86% CAGR Over 8 Years

India's exports under HSN Code 29071930 have grown at a compound annual rate of 4.86% over 8 fiscal years, rising from ₹44.93 Crore in FY 2018-19 to ₹62.63 Crore in FY 2025-26.

HSN Code 29071930 Ranked #3462 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 29071930 ranks #3462 out of 12872 HSN codes by total export value. Within Sub-Chapter 2907, it ranks #12 of 23. By trade surplus, it ranks #2058 of 12872.

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 ₹61.67 Crore in HSN Code 29071930 Goods

In FY 2025-26, India's exports of ₹62.63 Cr exceeded imports of ₹0.96 Cr, resulting in a trade surplus of ₹61.67 Crore — ranking #2058 of 12872 by surplus magnitude.

Import Growth of −9.63% CAGR Signals Stable Import Dependency for Thymol

India's imports under HSN Code 29071930 have grown at −9.63% CAGR, reaching ₹0.96 Crore in FY 2025-26.

HSN Code 29071930 Contributes 2.51% of Sub-Chapter 2907 Exports — Ranked #12

Among the 23 HSN codes under Sub-Chapter 2907, HSN Code 29071930 ranks #12 by export value — accounting for 2.51% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.02% share (rank #20).

Frequently Asked Questions

Clear answers to common queries about HSN Code 29071930 and GST compliance.

What products are classified under HSN 29071930 ?

It includes Thymol

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.

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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.