HSN Code 29199050: Other | Tricresyl Phosphate

HSN Code 29199050 represents Other | Tricresyl Phosphate under GST classification. This code helps businesses identify Other | Tricresyl Phosphate correctly for billing, taxation, and trade. With HSN Code 29199050, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Tricresyl Phosphate.

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Description of Goods for HSN Code 29199050

HSN Code 29199050 relates to the following description.

Description of Goods

Other : Tricresyl phosphate

Chapter

29 - Organic chemicals

Sub Chapter

2919 - Phosphoric esters and their salts, including lactophosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29199050 not include?

Other | Tricresyl Phosphate does not include products with the following descriptions.

HSN Code 29190010

Phosphoric esters and their salts, including lactophosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives - phosphoric esters and their salts, including lacto-phosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives : glycerophosphoric acid

HSN Code 29190020

Phosphoric esters and their salts, including lactophosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives - phosphoric esters and their salts, including lacto-phosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives : calcium glycerophosphate

HSN Code 29190030

Phosphoric esters and their salts, including lactophosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives - phosphoric esters and their salts, including lacto-phosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives : iron glycerophosphate

HSN Code 29190040

Phosphoric esters and their salts, including lactophosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives - phosphoric esters and their salts, including lacto-phosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives : sodium glycerophosphate

HSN Code 29190050

Phosphoric esters and their salts, including lactophosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives - phosphoric esters and their salts, including lacto-phosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives : tricresyl phosphate

HSN Code 29190090

Phosphoric esters and their salts, including lactophosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives - phosphoric esters and their salts, including lacto-phosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives : other

India’s Trade Performance — HSN Code 29199050 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

₹7 Cr

+277.78% vs FY 2023-24

0.0002% of India’s total exports

India’s Imports

FY 2024-25

₹4 Cr

+6.08% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

₹4 Cr

Trade Surplus

Surplus rank #3917 of 12657 HSN codes

% of Sub-Chapter 2919

FY 2024-25

3.69%

Share of Sub-Chapter 2919’s total exports in FY 2024-25

Import side: 1.65% of Sub-Chapter 2919’s imports

Rank Within Sub-Chapter 2919

FY 2024-25

#2 of 13

Position by export value among HSN codes in Sub-Chapter 2919

Import-side rank: #3 of 13

At a glance

−10.75%

Export CAGR

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

#6135

National Export Rank

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

+277.78%

Peak Growth Year

FY 2024-25 · strongest single-year move

3.69%

Contribution to Sub-Ch. 2919

Share of Sub-Chapter 2919 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 29199050

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 #4495

Balance

+14.26

Exports

14.80 ₹ Cr

0.0006% share

— YoY

15.80% of Sub-Ch. 2919

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.40% of Sub-Ch. 2919

FY 2019-20 Exp. Rank #6146

Balance

+3.22

Exports

3.92 ₹ Cr

0.0002% share

−73.51% YoY

3.72% of Sub-Ch. 2919

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+29.63% YoY

0.46% of Sub-Ch. 2919

FY 2020-21 Exp. Rank #5693

Balance

+5.69

Exports

6.08 ₹ Cr

0.0003% share

+55.10% YoY

7.63% of Sub-Ch. 2919

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−44.29% YoY

0.27% of Sub-Ch. 2919

FY 2021-22

Balance

−1.00

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2919

Imports

1.00 ₹ Cr

0.0000% share

+156.41% YoY

0.48% of Sub-Ch. 2919

FY 2022-23 Exp. Rank #7802

Balance

−1.95

Exports

1.40 ₹ Cr

0.0000% share

— YoY

1.06% of Sub-Ch. 2919

Imports

3.35 ₹ Cr

0.0001% share

+235.00% YoY

1.60% of Sub-Ch. 2919

FY 2023-24 Exp. Rank #7588

Balance

−1.64

Exports

1.98 ₹ Cr

0.0001% share

+41.43% YoY

1.07% of Sub-Ch. 2919

Imports

3.62 ₹ Cr

0.0001% share

+8.06% YoY

1.24% of Sub-Ch. 2919

FY 2024-25 Exp. Rank #6135

Balance

+3.64

Exports

7.48 ₹ Cr

0.0002% share

+277.78% YoY

3.69% of Sub-Ch. 2919

Imports

3.84 ₹ Cr

0.0001% share

+6.08% YoY

1.65% of Sub-Ch. 2919

CAGR · 7-Year

Exports

−10.75% /yr

Imports

38.67% /yr

Consistently Surplus
Sub-Chapter 2919 total

reference, FY 2024-25

Export

₹202.52 Cr

Import

₹233.32 Cr

Trade Balance

−30.80

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

Key Trade Insights: HSN Code 29199050 Export-Import Analysis

Export Decline: −10.75% CAGR Over 7 Years

India's exports under HSN Code 29199050 have declined at a compound annual rate of −10.75% over 7 fiscal years, falling from ₹14.80 Crore in FY 2018-19 to ₹7.48 Crore in FY 2024-25.

HSN Code 29199050 Ranked #6135 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29199050 ranks #6135 out of 12657 HSN codes by total export value. Within Sub-Chapter 2919, it ranks #2 of 13. By trade surplus, it ranks #3917 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 29199050 Exports

The strongest single-year export movement for HSN Code 29199050 was recorded in FY 2024-25, when exports surged by 277.78% over the prior year.

India Maintains a Trade Surplus of ₹3.64 Crore in HSN Code 29199050 Goods

In FY 2024-25, India's exports of ₹7.48 Cr exceeded imports of ₹3.84 Cr, resulting in a trade surplus of ₹3.64 Crore — ranking #3917 of 12657 by surplus magnitude.

Import Growth of 38.67% CAGR Signals Rising Demand for Other | Tricresyl Phosphate

India's imports under HSN Code 29199050 have grown at 38.67% CAGR, reaching ₹3.84 Crore in FY 2024-25.

HSN Code 29199050 Contributes 3.69% of Sub-Chapter 2919 Exports — Ranked #2

Among the 13 HSN codes under Sub-Chapter 2919, HSN Code 29199050 ranks #2 by export value — accounting for 3.69% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.65% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29199050 and GST compliance.

What products are classified under HSN 29199050 ?

It includes Other | Tricresyl Phosphate

How much GST applies to Other / Tricresyl Phosphate?

Under HSN 29199050, Other / Tricresyl Phosphate attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Other / Tricresyl Phosphate?

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 / Tricresyl Phosphate?

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 / Tricresyl Phosphate is sold with other items?

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

Any common misclassification issue with Other / Tricresyl Phosphate?

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

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.