---
title: "HSN Code for Monophenols | Other | HSN 29071950 GST Rate"
description: "Find HSN and GST Rates for 29071950 related to Monophenols | Other with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-29071950/"
---

# HSN Code 29071950: 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 : Alkyl phenols | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 29071950 ?

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.

### 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 much GST applies to Monophenols / Other?

Under HSN 29071950, Monophenols / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### 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 29071950 (FY 2024-25)

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

- Exports: ₹4 Cr (+26.51% YoY) — 0.0001% of India's total exports
- Imports: ₹5 Cr (−34.01% YoY) — 0.0001% of India's total imports
- Trade balance: −₹1 Cr (Deficit); surplus rank #8048 of 12657 HSN codes
- Share of Sub-Chapter 2907: 0.17% of its exports; import side 0.09%
- Rank within Sub-Chapter 2907: #17 of 23 by export value; import-side #17

### Key metrics

- Export CAGR: -10.73% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #6943 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +97.58% in FY 2019-20
- Contribution to Sub-Ch. 2907: 0.17% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 29071950

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 | 7.45 | 0.0003% | — | 0.47% | 9.41 | 0.0003% | — | 0.18% | −1.96 | #5368 |
| FY 2019-20 | 14.72 | 0.0007% | +97.58% | 0.78% | 38.59 | 0.0012% | +310.10% | 0.98% | −23.87 | #4521 |
| FY 2020-21 | 10.83 | 0.0005% | −26.43% | 0.51% | 28.06 | 0.0010% | −27.29% | 0.74% | −17.23 | #4965 |
| FY 2021-22 | 19.04 | 0.0006% | +75.81% | 0.74% | 29.35 | 0.0006% | +4.60% | 0.48% | −10.31 | #4661 |
| FY 2022-23 | 10.77 | 0.0003% | −43.43% | 0.47% | 13.46 | 0.0002% | −54.14% | 0.22% | −2.69 | #5536 |
| FY 2023-24 | 2.98 | 0.0001% | −72.33% | 0.16% | 7.91 | 0.0001% | −41.23% | 0.17% | −4.93 | #7150 |
| FY 2024-25 | 3.77 | 0.0001% | +26.51% | 0.17% | 5.22 | 0.0001% | −34.01% | 0.09% | −1.45 | #6943 |

- CAGR (7-year): exports -10.73%/yr, imports -9.35%/yr (consistently Deficit)

## Key trade insights: HSN Code 29071950 export-import analysis

### Export decline: -10.73% CAGR over 7 years

India's exports under HSN Code 29071950 have declined at a compound annual rate of -10.73% over 7 fiscal years, falling from ₹7.45 Crore in FY 2018-19 to ₹3.77 Crore in FY 2024-25.

### HSN Code 29071950 ranked #6943 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 29071950 ranks #6943 out of 12657 HSN codes by total export value. Within Sub-Chapter 2907, it ranks #17 of 23. By trade surplus, it ranks #8048 of 12657.

### FY 2019-20 was the strongest growth year for HSN Code 29071950 exports

The strongest single-year export movement for HSN Code 29071950 was recorded in FY 2019-20, when exports surged by 97.58% over the prior year.

### India records a trade deficit of ₹1.45 Crore in HSN Code 29071950 goods

In FY 2024-25, India's imports of ₹5.22 Cr exceeded exports of ₹3.77 Cr, resulting in a trade deficit of ₹1.45 Crore — ranking #8048 of 12657 by surplus magnitude.

### Import growth of -9.35% CAGR signals stable import dependency for Monophenols | Other

India's imports under HSN Code 29071950 have grown at -9.35% CAGR, reaching ₹5.22 Crore in FY 2024-25.

### HSN Code 29071950 contributes 0.17% of Sub-Chapter 2907 exports — ranked #17

Among the 23 HSN codes under Sub-Chapter 2907, HSN Code 29071950 ranks #17 by export value — accounting for 0.17% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.09% share (rank #17).

## 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 |
| #17 | HSN Code 29071950: Monophenols \| Other (this hsn code) | ₹4 Cr |