--- title: "HSN Code for Monophenols : Other : Para tertiary butyl phenol | HSN 29071940 GST Rate" description: "Find HSN and GST Rates for 29071940 related to Monophenols : Other : Para tertiary butyl phenol with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29071940/" --- # HSN Code 29071940: Monophenols : Other : Para tertiary butyl phenol - [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 : Para tertiary butyl phenol | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29071940 ? It includes Monophenols : Other : Para tertiary butyl phenol ### Any common misclassification issue with Monophenols : Other : Para tertiary butyl phenol? 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 : Other : Para tertiary butyl phenol is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Monophenols : Other : Para tertiary butyl phenol; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Monophenols : Other : Para tertiary butyl phenol? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Monophenols : Other : Para tertiary butyl phenol? 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 much GST applies to Monophenols : Other : Para tertiary butyl phenol? Under HSN 29071940, Monophenols : Other : Para tertiary butyl phenol attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 29071940 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹64 Cr (+31.61% YoY) — 0.0017% of India's total exports - Imports: ₹135 Cr (+32.60% YoY) — 0.0022% of India's total imports - Trade balance: −₹71 Cr (Deficit); surplus rank #10517 of 12657 HSN codes - Share of Sub-Chapter 2907: 2.84% of its exports; import side 2.35% - Rank within Sub-Chapter 2907: #12 of 23 by export value; import-side #9 ### Key metrics - Export CAGR: 229.29% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3286 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +2,380.95% in FY 2021-22 - Contribution to Sub-Ch. 2907: 2.84% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29071940 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 | < ₹1 Crore | 0.0000% | — | 0.00% | 177.55 | 0.0050% | — | 3.34% | −177.50 | #9496 | | FY 2019-20 | < ₹1 Crore | 0.0000% | 0.00% | 0.00% | 131.81 | 0.0039% | −25.76% | 3.36% | −131.76 | #9466 | | FY 2020-21 | < ₹1 Crore | 0.0000% | +1,160.00% | 0.03% | 129.89 | 0.0045% | −1.46% | 3.43% | −129.26 | #8056 | | FY 2021-22 | 15.63 | 0.0005% | +2,380.95% | 0.60% | 160.51 | 0.0035% | +23.57% | 2.60% | −144.88 | #4925 | | FY 2022-23 | 35.46 | 0.0010% | +126.87% | 1.54% | 125.68 | 0.0022% | −21.70% | 2.08% | −90.22 | #3934 | | FY 2023-24 | 48.43 | 0.0013% | +36.58% | 2.56% | 101.74 | 0.0018% | −19.05% | 2.12% | −53.31 | #3584 | | FY 2024-25 | 63.74 | 0.0017% | +31.61% | 2.84% | 134.91 | 0.0022% | +32.60% | 2.35% | −71.17 | #3286 | - CAGR (7-year): exports 229.29%/yr, imports -4.47%/yr (consistently Deficit) ## Key trade insights: HSN Code 29071940 export-import analysis ### Consistent export growth: 229.29% CAGR over 7 years India's exports under HSN Code 29071940 have grown at a compound annual rate of 229.29% over 7 fiscal years, rising from ₹0.05 Crore in FY 2018-19 to ₹63.74 Crore in FY 2024-25. ### HSN Code 29071940 ranked #3286 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29071940 ranks #3286 out of 12657 HSN codes by total export value. Within Sub-Chapter 2907, it ranks #12 of 23. By trade surplus, it ranks #10517 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 29071940 exports The strongest single-year export movement for HSN Code 29071940 was recorded in FY 2021-22, when exports surged by 2,380.95% over the prior year. ### India records a trade deficit of ₹71.17 Crore in HSN Code 29071940 goods In FY 2024-25, India's imports of ₹134.91 Cr exceeded exports of ₹63.74 Cr, resulting in a trade deficit of ₹71.17 Crore — ranking #10517 of 12657 by surplus magnitude. ### Import growth of -4.47% CAGR signals stable import dependency for Monophenols : Other : Para tertiary butyl phenol India's imports under HSN Code 29071940 have grown at -4.47% CAGR, reaching ₹134.91 Crore in FY 2024-25. ### HSN Code 29071940 contributes 2.84% of Sub-Chapter 2907 exports — ranked #12 Among the 23 HSN codes under Sub-Chapter 2907, HSN Code 29071940 ranks #12 by export value — accounting for 2.84% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.35% share (rank #9). ## 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 | | #12 | HSN Code 29071940: Monophenols : Other : Para tertiary butyl phenol (this hsn code) | ₹64 Cr |