HSN Code 29072100: Resorcinol and its salts

HSN Code 29072100 represents Resorcinol and its salts under GST classification. This code helps businesses identify Resorcinol and its salts correctly for billing, taxation, and trade. With HSN Code 29072100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Resorcinol and its salts.

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Description of Goods for HSN Code 29072100

HSN Code 29072100 relates to the following description.

Description of Goods

Polyphenols ; phenol-alcohols : Resorcinol and its salts

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 29072100 not include?

Resorcinol and its salts 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 29072100 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

₹122 Cr

+136.98% vs FY 2023-24

0.0033% of India’s total exports

India’s Imports

FY 2024-25

₹306 Cr

+63.29% vs FY 2023-24

0.0050% of India’s total imports

Trade Balance

FY 2024-25

−₹184 Cr

Trade Deficit

Surplus rank #11266 of 12657 HSN codes

% of Sub-Chapter 2907

FY 2024-25

5.44%

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

Import side: 5.33% of Sub-Chapter 2907’s imports

Rank Within Sub-Chapter 2907

FY 2024-25

#7 of 23

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

Import-side rank: #5 of 23

At a glance

−1.12%

Export CAGR

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

#2414

National Export Rank

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

+136.98%

Peak Growth Year

FY 2024-25 · strongest single-year move

5.44%

Contribution to Sub-Ch. 2907

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

India Export-Import Trade Statistics for HSN Code 29072100

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 #1722

Balance

−251.75

Exports

130.54 ₹ Cr

0.0057% share

— YoY

8.18% of Sub-Ch. 2907

Imports

382.29 ₹ Cr

0.0107% share

— YoY

7.20% of Sub-Ch. 2907

FY 2019-20 Exp. Rank #1493

Balance

−191.59

Exports

165.07 ₹ Cr

0.0075% share

+26.45% YoY

8.72% of Sub-Ch. 2907

Imports

356.66 ₹ Cr

0.0107% share

−6.70% YoY

9.08% of Sub-Ch. 2907

FY 2020-21 Exp. Rank #1533

Balance

−171.12

Exports

170.29 ₹ Cr

0.0079% share

+3.16% YoY

7.98% of Sub-Ch. 2907

Imports

341.41 ₹ Cr

0.0117% share

−4.28% YoY

9.02% of Sub-Ch. 2907

FY 2021-22 Exp. Rank #2101

Balance

−189.98

Exports

130.43 ₹ Cr

0.0042% share

−23.41% YoY

5.05% of Sub-Ch. 2907

Imports

320.41 ₹ Cr

0.0070% share

−6.15% YoY

5.19% of Sub-Ch. 2907

FY 2022-23 Exp. Rank #2993

Balance

−241.46

Exports

72.28 ₹ Cr

0.0020% share

−44.58% YoY

3.15% of Sub-Ch. 2907

Imports

313.74 ₹ Cr

0.0055% share

−2.08% YoY

5.20% of Sub-Ch. 2907

FY 2023-24 Exp. Rank #3485

Balance

−136.02

Exports

51.49 ₹ Cr

0.0014% share

−28.76% YoY

2.72% of Sub-Ch. 2907

Imports

187.51 ₹ Cr

0.0033% share

−40.23% YoY

3.91% of Sub-Ch. 2907

FY 2024-25 Exp. Rank #2414

Balance

−184.16

Exports

122.02 ₹ Cr

0.0033% share

+136.98% YoY

5.44% of Sub-Ch. 2907

Imports

306.18 ₹ Cr

0.0050% share

+63.29% YoY

5.33% of Sub-Ch. 2907

CAGR · 7-Year

Exports

−1.12% /yr

Imports

−3.63% /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 29072100 Export-Import Analysis

Export Decline: −1.12% CAGR Over 7 Years

India's exports under HSN Code 29072100 have declined at a compound annual rate of −1.12% over 7 fiscal years, falling from ₹130.54 Crore in FY 2018-19 to ₹122.02 Crore in FY 2024-25.

HSN Code 29072100 Ranked #2414 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29072100 ranks #2414 out of 12657 HSN codes by total export value. Within Sub-Chapter 2907, it ranks #7 of 23. By trade surplus, it ranks #11266 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 29072100 Exports

The strongest single-year export movement for HSN Code 29072100 was recorded in FY 2024-25, when exports surged by 136.98% over the prior year.

India Records a Trade Deficit of ₹184.16 Crore in HSN Code 29072100 Goods

In FY 2024-25, India's imports of ₹306.18 Cr exceeded exports of ₹122.02 Cr, resulting in a trade deficit of ₹184.16 Crore — ranking #11266 of 12657 by surplus magnitude.

Import Growth of −3.63% CAGR Signals Stable Import Dependency for Resorcinol and its salts

India's imports under HSN Code 29072100 have grown at −3.63% CAGR, reaching ₹306.18 Crore in FY 2024-25.

HSN Code 29072100 Contributes 5.44% of Sub-Chapter 2907 Exports — Ranked #7

Among the 23 HSN codes under Sub-Chapter 2907, HSN Code 29072100 ranks #7 by export value — accounting for 5.44% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.33% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29072100 and GST compliance.

What products are classified under HSN 29072100 ?

It includes Resorcinol and its salts

How should mixed supplies be billed when Resorcinol and its salts is sold with other items?

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

How much GST applies to Resorcinol and its salts?

Under HSN 29072100, Resorcinol and its salts attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Resorcinol and its salts?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Can we claim ITC on inputs used to trade Resorcinol and its salts?

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 Resorcinol and its salts?

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.

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.