HSN Code 29071940: Monophenols : Other : Para tertiary butyl phenol

HSN Code 29071940 represents Monophenols : Other : Para tertiary butyl phenol under GST classification. This code helps businesses identify Monophenols : Other : Para tertiary butyl phenol correctly for billing, taxation, and trade. With HSN Code 29071940, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Monophenols : Other : Para tertiary butyl phenol.

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Description of Goods for HSN Code 29071940

HSN Code 29071940 relates to the following description.

Description of Goods

Monophenols : Other : Para tertiary butyl phenol

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 29071940 not include?

Monophenols : Other : Para tertiary butyl phenol 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 29071940 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

₹64 Cr

+31.61% vs FY 2023-24

0.0017% of India’s total exports

India’s Imports

FY 2024-25

₹135 Cr

+32.60% vs FY 2023-24

0.0022% of India’s total imports

Trade Balance

FY 2024-25

−₹71 Cr

Trade Deficit

Surplus rank #10517 of 12657 HSN codes

% of Sub-Chapter 2907

FY 2024-25

2.84%

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

Import side: 2.35% of Sub-Chapter 2907’s imports

Rank Within Sub-Chapter 2907

FY 2024-25

#12 of 23

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

Import-side rank: #9 of 23

At a glance

229.29%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#3286

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+2,380.95%

Peak Growth Year

FY 2021-22 · strongest single-year move

2.84%

Contribution to Sub-Ch. 2907

Share of Sub-Chapter 2907 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #9496

Balance

−177.50

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2907

Imports

177.55 ₹ Cr

0.0050% share

— YoY

3.34% of Sub-Ch. 2907

FY 2019-20 Exp. Rank #9466

Balance

−131.76

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.00% of Sub-Ch. 2907

Imports

131.81 ₹ Cr

0.0039% share

−25.76% YoY

3.36% of Sub-Ch. 2907

FY 2020-21 Exp. Rank #8056

Balance

−129.26

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+1,160.00% YoY

0.03% of Sub-Ch. 2907

Imports

129.89 ₹ Cr

0.0045% share

−1.46% YoY

3.43% of Sub-Ch. 2907

FY 2021-22 Exp. Rank #4925

Balance

−144.88

Exports

15.63 ₹ Cr

0.0005% share

+2,380.95% YoY

0.60% of Sub-Ch. 2907

Imports

160.51 ₹ Cr

0.0035% share

+23.57% YoY

2.60% of Sub-Ch. 2907

FY 2022-23 Exp. Rank #3934

Balance

−90.22

Exports

35.46 ₹ Cr

0.0010% share

+126.87% YoY

1.54% of Sub-Ch. 2907

Imports

125.68 ₹ Cr

0.0022% share

−21.70% YoY

2.08% of Sub-Ch. 2907

FY 2023-24 Exp. Rank #3584

Balance

−53.31

Exports

48.43 ₹ Cr

0.0013% share

+36.58% YoY

2.56% of Sub-Ch. 2907

Imports

101.74 ₹ Cr

0.0018% share

−19.05% YoY

2.12% of Sub-Ch. 2907

FY 2024-25 Exp. Rank #3286

Balance

−71.17

Exports

63.74 ₹ Cr

0.0017% share

+31.61% YoY

2.84% of Sub-Ch. 2907

Imports

134.91 ₹ Cr

0.0022% share

+32.60% YoY

2.35% of Sub-Ch. 2907

CAGR · 7-Year

Exports

229.29% /yr

Imports

−4.47% /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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29071940 and GST compliance.

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.

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.