--- title: "HSN Code for Other | Glycerophosphoric Acid | HSN 29199010 GST Rate" description: "Find HSN and GST Rates for 29199010 related to Other | Glycerophosphoric Acid with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29199010/" --- # HSN Code 29199010: Other | Glycerophosphoric Acid - [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 2919: Phosphoric Esters](https://busy.in/hsn/sub-chapter-2919/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other : Glycerophosphoric acid | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29199010 ? It includes Other | Glycerophosphoric Acid ### Any common misclassification issue with Other / Glycerophosphoric Acid? 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 Other / Glycerophosphoric Acid? Under HSN 29199010, Other / Glycerophosphoric Acid attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Other / Glycerophosphoric Acid? 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 Other / Glycerophosphoric Acid? 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 should mixed supplies be billed when Other / Glycerophosphoric Acid is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other / Glycerophosphoric Acid; Nil for exempt items if applicable). ## India's trade performance: HSN Code 29199010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−60.56% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #5019 of 12657 HSN codes - Share of Sub-Chapter 2919: 0.14% of its exports; import side 0.01% - Rank within Sub-Chapter 2919: #7 of 13 by export value; import-side #6 ### Key metrics - National export rank: #9239 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +343.75% in FY 2023-24 - Contribution to Sub-Ch. 2919: 0.14% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29199010 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. 2919 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2919 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | Nil | 0.0000% | — | 0.00% | 4.46 | 0.0001% | — | 3.28% | −4.46 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | −79.37% | 0.61% | −0.92 | — | | FY 2020-21 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | −85.87% | 0.09% | −0.13 | — | | FY 2021-22 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | −100.00% | 0.00% | 0.00 | — | | FY 2022-23 | < ₹1 Crore | 0.0000% | — | 0.12% | Nil | 0.0000% | — | 0.00% | +0.16 | #9410 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +343.75% | 0.38% | Nil | 0.0000% | — | 0.00% | +0.71 | #8530 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −60.56% | 0.14% | < ₹1 Crore | 0.0000% | — | 0.01% | +0.26 | #9239 | - CAGR (7-year): exports —/yr, imports -59.39%/yr (consistently Surplus) ## Key trade insights: HSN Code 29199010 export-import analysis ### Export snapshot for HSN Code 29199010 India exported ₹0.28 Crore worth of Other | Glycerophosphoric Acid in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 29199010 ranked #9239 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29199010 ranks #9239 out of 12657 HSN codes by total export value. Within Sub-Chapter 2919, it ranks #7 of 13. By trade surplus, it ranks #5019 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 29199010 exports The strongest single-year export movement for HSN Code 29199010 was recorded in FY 2023-24, when exports surged by 343.75% over the prior year. ### India maintains a trade surplus of ₹0.26 Crore in HSN Code 29199010 goods In FY 2024-25, India's exports of ₹0.28 Cr exceeded imports of ₹0.02 Cr, resulting in a trade surplus of ₹0.26 Crore — ranking #5019 of 12657 by surplus magnitude. ### Import growth of -59.39% CAGR signals stable import dependency for Other | Glycerophosphoric Acid India's imports under HSN Code 29199010 have grown at -59.39% CAGR, reaching ₹0.02 Crore in FY 2024-25. ### HSN Code 29199010 contributes 0.14% of Sub-Chapter 2919 exports — ranked #7 Among the 13 HSN codes under Sub-Chapter 2919, HSN Code 29199010 ranks #7 by export value — accounting for 0.14% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #6). ## Related HSN Codes in Sub-Chapter 2919 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 29199090: Phosphoric Esters & Derivatives \| Other](https://busy.in/hsn/hsn-29199090/) | ₹186 Cr | | #2 | [HSN Code 29199050: Other \| Tricresyl Phosphate](https://busy.in/hsn/hsn-29199050/) | ₹7 Cr | | #3 | [HSN Code 29199040: Other \| Sodium Glycerophosphate](https://busy.in/hsn/hsn-29199040/) | ₹6 Cr | | #4 | [HSN Code 29199020: Other \| Calcium Glycerophosphate](https://busy.in/hsn/hsn-29199020/) | ₹2 Cr | | #5 | [HSN Code 29191000: Tris(2,3-Dibromopropyl) Phosphate](https://busy.in/hsn/hsn-29191000/) | < ₹1 Crore | | #6 | [HSN Code 29199030: Other \| Iron Glycerophosphate](https://busy.in/hsn/hsn-29199030/) | < ₹1 Crore | | #7 | HSN Code 29199010: Other \| Glycerophosphoric Acid (this hsn code) | < ₹1 Crore | | — | [HSN Code 29190010: Calcium Glycerophosphate](https://busy.in/hsn/hsn-29190010/) | — | | — | [HSN Code 29190020: Iron Glycerophosphate](https://busy.in/hsn/hsn-29190020/) | — | | — | [HSN Code 29190030: Sodium Glycerophosphate](https://busy.in/hsn/hsn-29190030/) | — |