HSN Code 29173500: Phthalic Anhydride

HSN Code 29173500 represents Phthalic Anhydride under GST classification. This code helps businesses identify Phthalic Anhydride correctly for billing, taxation, and trade. With HSN Code 29173500, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Phthalic Anhydride.

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Description of Goods for HSN Code 29173500

HSN Code 29173500 relates to the following description.

Description of Goods

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Phthalic anhydride

Chapter

29 - Organic chemicals

Sub Chapter

2917 - Polycarboxylic acids, their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29173500 not include?

Phthalic Anhydride does not include products with the following descriptions.

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Oxalic acid, its salts and esters : Oxalic acid

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Oxalic acid, its salts and esters : Calcium oxalate

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Oxalic acid, its salts and esters : Strontium oxalate

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Oxalic acid, its salts and esters : Diethyl oxalate

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Oxalic acid, its salts and esters : Other

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Adipic acid, its salts and esters

Polycarboxylic acids, their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives - acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : azelaic acid, sebacic acid, their salts and esters

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Azelaic acid, sebacic acid, their salts and esters: Sebacic Acid

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Azelaic acid, sebacic acid, their salts and esters: Other

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Maleic anhydride

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other : Maleic acid

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other : Malonic acid

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other : Succinic acid

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other : Ferrous fumarate

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other : Fumaric acid

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other : Itaconic acid

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other :Ethoxy methylene malonate, diethyl malonate

Acyclic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other : Other

Cyclanic, cyclenic or cycloterpenic, polycaroxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives

Polycarboxylic acids, their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives - aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives :dibutyl orthophthalates

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Dioctyl orthophthalates

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Dinonyl or didecyl orthophthalates

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Other esters of orthophthalic acid

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Terephthalic acid and its salts

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Dimethyl terephthalate

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Other : Dibutyl phthalate

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other :Dioctyl phthalate

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other : Phthalic acid

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other : Dimethyl phthalate

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other :Trimellitic anhydride

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:Other : Isophthalic acid

Aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives : Other : Other

India’s Trade Performance — HSN Code 29173500 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

₹197 Cr

−31.01% vs FY 2023-24

0.0054% of India’s total exports

India’s Imports

FY 2024-25

₹554 Cr

−23.60% vs FY 2023-24

0.0091% of India’s total imports

Trade Balance

FY 2024-25

−₹357 Cr

Trade Deficit

Surplus rank #11689 of 12657 HSN codes

% of Sub-Chapter 2917

FY 2024-25

8.21%

Share of Sub-Chapter 2917’s total exports in FY 2024-25

Import side: 2.93% of Sub-Chapter 2917’s imports

Rank Within Sub-Chapter 2917

FY 2024-25

#4 of 33

Position by export value among HSN codes in Sub-Chapter 2917

Import-side rank: #6 of 33

At a glance

0.64%

Export CAGR

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

#1866

National Export Rank

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

+101.52%

Peak Growth Year

FY 2021-22 · strongest single-year move

8.21%

Contribution to Sub-Ch. 2917

Share of Sub-Chapter 2917 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 29173500

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 #1365

Balance

−885.21

Exports

189.56 ₹ Cr

0.0083% share

YoY

6.94% of Sub-Ch. 2917

Imports

1,074.77 ₹ Cr

0.0300% share

YoY

14.03% of Sub-Ch. 2917

FY 2019-20 Exp. Rank #1413

Balance

−920.63

Exports

179.76 ₹ Cr

0.0082% share

−5.17% YoY

8.48% of Sub-Ch. 2917

Imports

1,100.39 ₹ Cr

0.0329% share

+2.38% YoY

13.24% of Sub-Ch. 2917

FY 2020-21 Exp. Rank #1827

Balance

−682.19

Exports

126.68 ₹ Cr

0.0059% share

−29.53% YoY

6.65% of Sub-Ch. 2917

Imports

808.87 ₹ Cr

0.0278% share

−26.49% YoY

13.94% of Sub-Ch. 2917

FY 2021-22 Exp. Rank #1416

Balance

−661.70

Exports

255.29 ₹ Cr

0.0081% share

+101.52% YoY

9.50% of Sub-Ch. 2917

Imports

916.99 ₹ Cr

0.0201% share

+13.37% YoY

6.77% of Sub-Ch. 2917

FY 2022-23 Exp. Rank #1703

Balance

−675.05

Exports

206.77 ₹ Cr

0.0057% share

−19.01% YoY

8.46% of Sub-Ch. 2917

Imports

881.82 ₹ Cr

0.0153% share

−3.84% YoY

5.08% of Sub-Ch. 2917

FY 2023-24 Exp. Rank #1428

Balance

−440.05

Exports

285.47 ₹ Cr

0.0079% share

+38.06% YoY

11.55% of Sub-Ch. 2917

Imports

725.52 ₹ Cr

0.0129% share

−17.72% YoY

4.60% of Sub-Ch. 2917

FY 2024-25 Exp. Rank #1866

Balance

−357.32

Exports

196.95 ₹ Cr

0.0054% share

−31.01% YoY

8.21% of Sub-Ch. 2917

Imports

554.27 ₹ Cr

0.0091% share

−23.60% YoY

2.93% of Sub-Ch. 2917

CAGR · 7-Year

Exports

0.64% /yr

Imports

−10.45% /yr

Consistently Deficit
Sub-Chapter 2917 total

reference, FY 2024-25

Export

₹2,397.49 Cr

Import

₹18,891.73 Cr

Trade Balance

−16,494.24

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 29173500 Export-Import Analysis

Consistent Export Growth: 0.64% CAGR Over 7 Years

India's exports under HSN Code 29173500 have grown at a compound annual rate of 0.64% over 7 fiscal years, rising from ₹189.56 Crore in FY 2018-19 to ₹196.95 Crore in FY 2024-25.

HSN Code 29173500 Ranked #1866 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29173500 ranks #1866 out of 12657 HSN codes by total export value. Within Sub-Chapter 2917, it ranks #4 of 33. By trade surplus, it ranks #11689 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 29173500 Exports

The strongest single-year export movement for HSN Code 29173500 was recorded in FY 2021-22, when exports surged by 101.52% over the prior year.

India Records a Trade Deficit of ₹357.32 Crore in HSN Code 29173500 Goods

In FY 2024-25, India's imports of ₹554.27 Cr exceeded exports of ₹196.95 Cr, resulting in a trade deficit of ₹357.32 Crore — ranking #11689 of 12657 by surplus magnitude.

Import Growth of −10.45% CAGR Signals Stable Import Dependency for Phthalic Anhydride

India's imports under HSN Code 29173500 have grown at −10.45% CAGR, reaching ₹554.27 Crore in FY 2024-25.

HSN Code 29173500 Contributes 8.21% of Sub-Chapter 2917 Exports — Ranked #4

Among the 33 HSN codes under Sub-Chapter 2917, HSN Code 29173500 ranks #4 by export value — accounting for 8.21% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.93% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29173500 and GST compliance.

What products are classified under HSN 29173500 ?

It includes Phthalic Anhydride

Can we claim ITC on inputs used to trade Phthalic Anhydride?

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 Phthalic Anhydride?

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

How much GST applies to Phthalic Anhydride?

Under HSN 29173500, Phthalic Anhydride attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Phthalic Anhydride is sold with other items?

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

Do e‑way bill and e‑invoice apply for Phthalic Anhydride?

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.