HSN Code 29072910: 1,5-Dihydroxy naphthalene

HSN Code 29072910 represents 1,5-Dihydroxy naphthalene under GST classification. This code helps businesses identify 1,5-Dihydroxy naphthalene correctly for billing, taxation, and trade. With HSN Code 29072910, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of 1,5-Dihydroxy naphthalene.

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Description of Goods for HSN Code 29072910

HSN Code 29072910 relates to the following description.

Description of Goods

Polyphenols ; phenol-alcohols : Other : 1,5- Dihydroxy naphthalene

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 29072910 not include?

1,5-Dihydroxy naphthalene 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 29072910 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

< ₹1 Crore

+50.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−80.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7481 of 12657 HSN codes

% of Sub-Chapter 2907

FY 2024-25

0.00%

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

Import side: 0.00% of Sub-Chapter 2907’s imports

Rank Within Sub-Chapter 2907

FY 2024-25

#19 of 23

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

Import-side rank: #22 of 23

At a glance

−16.73%

Export CAGR

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

#10193

National Export Rank

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

+28,355.56%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.00%

Contribution to Sub-Ch. 2907

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

India Export-Import Trade Statistics for HSN Code 29072910

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 #9231

Balance

+0.08

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Sub-Ch. 2907

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2907

FY 2019-20 Exp. Rank #3796

Balance

+25.43

Exports

25.61 ₹ Cr

0.0012% share

+28,355.56% YoY

1.35% of Sub-Ch. 2907

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+1,700.00% YoY

0.00% of Sub-Ch. 2907

FY 2020-21 Exp. Rank #9183

Balance

−0.04

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−99.57% YoY

0.01% of Sub-Ch. 2907

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−16.67% YoY

0.00% of Sub-Ch. 2907

FY 2021-22 Exp. Rank #9497

Balance

−5.62

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.00% of Sub-Ch. 2907

Imports

5.73 ₹ Cr

0.0001% share

+3,720.00% YoY

0.09% of Sub-Ch. 2907

FY 2022-23 Exp. Rank #5737

Balance

+6.33

Exports

9.18 ₹ Cr

0.0003% share

+8,245.45% YoY

0.40% of Sub-Ch. 2907

Imports

2.85 ₹ Cr

0.0000% share

−50.26% YoY

0.05% of Sub-Ch. 2907

FY 2023-24 Exp. Rank #10338

Balance

−1.13

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−99.78% YoY

0.00% of Sub-Ch. 2907

Imports

1.15 ₹ Cr

0.0000% share

−59.65% YoY

0.02% of Sub-Ch. 2907

FY 2024-25 Exp. Rank #10193

Balance

−0.20

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+50.00% YoY

0.00% of Sub-Ch. 2907

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−80.00% YoY

0.00% of Sub-Ch. 2907

CAGR · 7-Year

Exports

−16.73% /yr

Imports

68.64% /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 29072910 Export-Import Analysis

Export Decline: −16.73% CAGR Over 7 Years

India's exports under HSN Code 29072910 have declined at a compound annual rate of −16.73% over 7 fiscal years, falling from ₹0.09 Crore in FY 2018-19 to ₹0.03 Crore in FY 2024-25.

HSN Code 29072910 Ranked #10193 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29072910 ranks #10193 out of 12657 HSN codes by total export value. Within Sub-Chapter 2907, it ranks #19 of 23. By trade surplus, it ranks #7481 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 29072910 Exports

The strongest single-year export movement for HSN Code 29072910 was recorded in FY 2019-20, when exports surged by 28,355.56% over the prior year.

India Records a Trade Deficit of ₹0.20 Crore in HSN Code 29072910 Goods

In FY 2024-25, India's imports of ₹0.23 Cr exceeded exports of ₹0.03 Cr, resulting in a trade deficit of ₹0.20 Crore — ranking #7481 of 12657 by surplus magnitude.

Import Growth of 68.64% CAGR Signals Rising Demand for 1,5-Dihydroxy naphthalene

India's imports under HSN Code 29072910 have grown at 68.64% CAGR, reaching ₹0.23 Crore in FY 2024-25.

HSN Code 29072910 Contributes 0.00% of Sub-Chapter 2907 Exports — Ranked #19

Among the 23 HSN codes under Sub-Chapter 2907, HSN Code 29072910 ranks #19 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #22).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29072910 and GST compliance.

What products are classified under HSN 29072910 ?

It includes 1,5-Dihydroxy naphthalene

Do e‑way bill and e‑invoice apply for 1,5-Dihydroxy naphthalene?

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 1,5-Dihydroxy naphthalene?

Under HSN 29072910, 1,5-Dihydroxy naphthalene attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade 1,5-Dihydroxy naphthalene?

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 1,5-Dihydroxy naphthalene?

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

Does packaging or labelling change the GST for 1,5-Dihydroxy naphthalene?

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.

How should mixed supplies be billed when 1,5-Dihydroxy naphthalene is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for 1,5-Dihydroxy naphthalene; Nil for exempt items if applicable).

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.