HSN Code 29201920: Thiophosphoric Esters

HSN Code 29201920 represents Thiophosphoric Esters under GST classification. This code helps businesses identify Thiophosphoric Esters correctly for billing, taxation, and trade. With HSN Code 29201920, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Thiophosphoric Esters.

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Description of Goods for HSN Code 29201920

HSN Code 29201920 relates to the following description.

Description of Goods

Thiophosphoric esters (phosphorothioates) and their salts; their halogenated, sulphonated, nitrated or nitrosated derivatives : Other : Thiophosphoric ester (phosphorothioates) and their salts, their halogenated, sulphonated, nitrated or nitrosated derivatives

Chapter

29 - Organic chemicals

Sub Chapter

2920 - Esters of other inorganicacids of non-metals (excluding esters of hydrogen halides) and their salts; their halogenated, sulphonated, nitrated or nitrosated derivatives

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29201920 not include?

Thiophosphoric Esters does not include products with the following descriptions.

Esters of other inorganic acids of non-metals (excluding esters of hydrogen halides) and their salts; their halogenated, sulphonated, nitrated or nitrosated derivatives - thiophosphoric esters (phosphorothioates) and their salts; their halogenated, sulphonated, nitrated or nitrosated derivatives

Esters of other inorganic acids of non-metals (excluding esters of hydrogen halides) and their salts; their halogenated, sulphonated, nitrated or nitrosated derivatives

Thiophosphoric esters (phosphorothioates) and their salts; their halogenated, sulphonated, nitrated or nitrosated derivatives : Parathion (ISO) and parathion-methyl (ISO) (methylparathion)

Thiophosphoric esters (phosphorothioates) and their salts; their halogenated, sulphonated, nitrated or nitrosated derivatives : other : Other

Phosphite esters and their salts; their halogenated, sulphonated, nitrated or nitrosated derivatives: Dimethyl phosphite

Phosphite esters and their salts; their halogenated, sulphonated, nitrated or nitrosated derivatives: Diethyl phosphite

Phosphite esters and their salts; their halogenated, sulphonated, nitrated or nitrosated derivatives: Trimethyl phosphite

Phosphite esters and their salts; their halogenated, sulphonated, nitrated or nitrosated derivatives: Triethyl phosphite

Phosphite esters and their salts; their halogenated, sulphonated, nitrated or nitrosated derivatives: Other: Dimethyl sulphate

Phosphite esters and their salts; their halogenated, sulphonated, nitrated or nitrosated derivatives: Other: Diethyl sulphate

Phosphite esters and their salts; their halogenated, sulphonated, nitrated or nitrosated derivatives: Other: Tris (2, 3 Dibromopropyl) phosphate

Phosphite esters and their salts; their halogenated, sulphonated, nitrated or nitrosated derivatives: Other: Other

Esters of other inorganic acids of non-metals (excluding esters of hydrogen halides) and their salts; their halogenated, sulphonated, nitrated or nitrosated derivatives - other : diethyl sulphate

Esters of other inorganic acids of non-metals (excluding esters of hydrogen halides) and their salts; their halogenated, sulphonated, nitrated or nitrosated derivatives - other : dimethyl sulphate

Esters of other inorganic acids of non-metals (excluding esters of hydrogen halides) and their salts; their halogenated, sulphonated, nitrated or nitrosated derivatives - other : tris (2,3 di-bromopropyl) phosphate

Esters of other inorganic acids of non-metals (excluding esters of hydrogen halides) and their salts; their halogenated, sulphonated, nitrated or nitrosated derivatives - other : other

India’s Trade Performance — HSN Code 29201920 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

₹2 Cr

−74.07% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹129 Cr

+273.32% vs FY 2023-24

0.0021% of India’s total imports

Trade Balance

FY 2024-25

−₹128 Cr

Trade Deficit

Surplus rank #10984 of 12657 HSN codes

% of Sub-Chapter 2920

FY 2024-25

0.21%

Share of Sub-Chapter 2920’s total exports in FY 2024-25

Import side: 15.16% of Sub-Chapter 2920’s imports

Rank Within Sub-Chapter 2920

FY 2024-25

#9 of 26

Position by export value among HSN codes in Sub-Chapter 2920

Import-side rank: #2 of 26

At a glance

−51.11%

Export CAGR

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

#7718

National Export Rank

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

+55.65%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.21%

Contribution to Sub-Ch. 2920

Share of Sub-Chapter 2920 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 29201920

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 #1743

Balance

+86.35

Exports

128.09 ₹ Cr

0.0056% share

YoY

18.05% of Sub-Ch. 2920

Imports

41.74 ₹ Cr

0.0012% share

YoY

4.39% of Sub-Ch. 2920

FY 2019-20 Exp. Rank #2989

Balance

+29.08

Exports

46.23 ₹ Cr

0.0021% share

−63.91% YoY

7.40% of Sub-Ch. 2920

Imports

17.15 ₹ Cr

0.0005% share

−58.91% YoY

2.08% of Sub-Ch. 2920

FY 2020-21 Exp. Rank #4012

Balance

−50.82

Exports

23.00 ₹ Cr

0.0011% share

−50.25% YoY

4.31% of Sub-Ch. 2920

Imports

73.82 ₹ Cr

0.0025% share

+330.44% YoY

7.75% of Sub-Ch. 2920

FY 2021-22 Exp. Rank #3823

Balance

−56.09

Exports

35.80 ₹ Cr

0.0011% share

+55.65% YoY

4.24% of Sub-Ch. 2920

Imports

91.89 ₹ Cr

0.0020% share

+24.48% YoY

7.73% of Sub-Ch. 2920

FY 2022-23 Exp. Rank #4015

Balance

−70.57

Exports

33.15 ₹ Cr

0.0009% share

−7.40% YoY

3.44% of Sub-Ch. 2920

Imports

103.72 ₹ Cr

0.0018% share

+12.87% YoY

8.09% of Sub-Ch. 2920

FY 2023-24 Exp. Rank #6204

Balance

−27.88

Exports

6.75 ₹ Cr

0.0002% share

−79.64% YoY

0.91% of Sub-Ch. 2920

Imports

34.63 ₹ Cr

0.0006% share

−66.61% YoY

4.46% of Sub-Ch. 2920

FY 2024-25 Exp. Rank #7718

Balance

−127.53

Exports

1.75 ₹ Cr

0.0000% share

−74.07% YoY

0.21% of Sub-Ch. 2920

Imports

129.28 ₹ Cr

0.0021% share

+273.32% YoY

15.16% of Sub-Ch. 2920

CAGR · 7-Year

Exports

−51.11% /yr

Imports

20.73% /yr

Consistently Deficit
Sub-Chapter 2920 total

reference, FY 2024-25

Export

₹826.42 Cr

Import

₹852.64 Cr

Trade Balance

−26.22

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

Key Trade Insights: HSN Code 29201920 Export-Import Analysis

Export Decline: −51.11% CAGR Over 7 Years

India's exports under HSN Code 29201920 have declined at a compound annual rate of −51.11% over 7 fiscal years, falling from ₹128.09 Crore in FY 2018-19 to ₹1.75 Crore in FY 2024-25.

HSN Code 29201920 Ranked #7718 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29201920 ranks #7718 out of 12657 HSN codes by total export value. Within Sub-Chapter 2920, it ranks #9 of 26. By trade surplus, it ranks #10984 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 29201920 Exports

The strongest single-year export movement for HSN Code 29201920 was recorded in FY 2021-22, when exports surged by 55.65% over the prior year.

India Records a Trade Deficit of ₹127.53 Crore in HSN Code 29201920 Goods

In FY 2024-25, India's imports of ₹129.28 Cr exceeded exports of ₹1.75 Cr, resulting in a trade deficit of ₹127.53 Crore — ranking #10984 of 12657 by surplus magnitude.

Import Growth of 20.73% CAGR Signals Rising Demand for Thiophosphoric Esters

India's imports under HSN Code 29201920 have grown at 20.73% CAGR, reaching ₹129.28 Crore in FY 2024-25.

HSN Code 29201920 Contributes 0.21% of Sub-Chapter 2920 Exports — Ranked #9

Among the 26 HSN codes under Sub-Chapter 2920, HSN Code 29201920 ranks #9 by export value — accounting for 0.21% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 15.16% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29201920 and GST compliance.

What products are classified under HSN 29201920 ?

It includes Thiophosphoric Esters

Does packaging or labelling change the GST for Thiophosphoric Esters?

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 Thiophosphoric Esters is sold with other items?

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

Can we claim ITC on inputs used to trade Thiophosphoric Esters?

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 Thiophosphoric Esters?

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 Thiophosphoric Esters?

Under HSN 29201920, Thiophosphoric Esters attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.