--- title: "HSN Code for Other Thiophosphoric esters: ThioGuard | HSN 29201990 GST Rate" description: "Find HSN and GST Rates for 29201990 related to Other Thiophosphoric esters: ThioGuard with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29201990/" --- # HSN Code 29201990: Other Thiophosphoric esters: ThioGuard - [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 2920: Inorganic acid esters and salts](https://busy.in/hsn/sub-chapter-2920/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Thiophosphoric esters (phosphorothioates) and their salts; their halogenated, sulphonated, nitrated or nitrosated derivatives : other : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29201990 ? It includes Other Thiophosphoric esters: ThioGuard ### Can we claim ITC on inputs used to trade Other Thiophosphoric esters: ThioGuard? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Does packaging or labelling change the GST for Other Thiophosphoric esters: ThioGuard? 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 much GST applies to Other Thiophosphoric esters: ThioGuard? Under HSN 29201990, Other Thiophosphoric esters: ThioGuard attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Other Thiophosphoric esters: ThioGuard? 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 Thiophosphoric esters: ThioGuard is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Thiophosphoric esters: ThioGuard; Nil for exempt items if applicable). ## India's trade performance: HSN Code 29201990 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹4 Cr (+25.82% YoY) — 0.0001% of India's total exports - Imports: ₹106 Cr (+136.79% YoY) — 0.0017% of India's total imports - Trade balance: −₹102 Cr (Deficit); surplus rank #10814 of 12657 HSN codes - Share of Sub-Chapter 2920: 0.47% of its exports; import side 12.46% - Rank within Sub-Chapter 2920: #8 of 26 by export value; import-side #4 ### Key metrics - Export CAGR: -18.64% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #6922 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +750.00% in FY 2022-23 - Contribution to Sub-Ch. 2920: 0.47% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29201990 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. 2920 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2920 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 13.27 | 0.0006% | — | 1.87% | 48.64 | 0.0014% | — | 5.11% | −35.37 | #4653 | | FY 2019-20 | 8.70 | 0.0004% | −34.44% | 1.39% | 34.09 | 0.0010% | −29.91% | 4.12% | −25.39 | #5193 | | FY 2020-21 | 2.57 | 0.0001% | −70.46% | 0.48% | 32.58 | 0.0011% | −4.43% | 3.42% | −30.01 | #6707 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −96.11% | 0.01% | 35.96 | 0.0008% | +10.37% | 3.02% | −35.86 | #9543 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +750.00% | 0.09% | 39.39 | 0.0007% | +9.54% | 3.07% | −38.54 | #8243 | | FY 2023-24 | 3.06 | 0.0001% | +260.00% | 0.41% | 44.88 | 0.0008% | +13.94% | 5.78% | −41.82 | #7117 | | FY 2024-25 | 3.85 | 0.0001% | +25.82% | 0.47% | 106.27 | 0.0017% | +136.79% | 12.46% | −102.42 | #6922 | - CAGR (7-year): exports -18.64%/yr, imports 13.91%/yr (consistently Deficit) ## Key trade insights: HSN Code 29201990 export-import analysis ### Export decline: -18.64% CAGR over 7 years India's exports under HSN Code 29201990 have declined at a compound annual rate of -18.64% over 7 fiscal years, falling from ₹13.27 Crore in FY 2018-19 to ₹3.85 Crore in FY 2024-25. ### HSN Code 29201990 ranked #6922 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29201990 ranks #6922 out of 12657 HSN codes by total export value. Within Sub-Chapter 2920, it ranks #8 of 26. By trade surplus, it ranks #10814 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 29201990 exports The strongest single-year export movement for HSN Code 29201990 was recorded in FY 2022-23, when exports surged by 750.00% over the prior year. ### India records a trade deficit of ₹102.42 Crore in HSN Code 29201990 goods In FY 2024-25, India's imports of ₹106.27 Cr exceeded exports of ₹3.85 Cr, resulting in a trade deficit of ₹102.42 Crore — ranking #10814 of 12657 by surplus magnitude. ### Import growth of 13.91% CAGR signals rising demand for Other Thiophosphoric esters: ThioGuard India's imports under HSN Code 29201990 have grown at 13.91% CAGR, reaching ₹106.27 Crore in FY 2024-25. ### HSN Code 29201990 contributes 0.47% of Sub-Chapter 2920 exports — ranked #8 Among the 26 HSN codes under Sub-Chapter 2920, HSN Code 29201990 ranks #8 by export value — accounting for 0.47% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 12.46% share (rank #4). ## Related HSN Codes in Sub-Chapter 2920 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 29209000: Esters of Other Inorganic Acids of Non-Metals](https://busy.in/hsn/hsn-29209000/) | ₹326 Cr | | #2 | [HSN Code 29202910: Dimethyl Sulphate](https://busy.in/hsn/hsn-29202910/) | ₹184 Cr | | #3 | [HSN Code 29202300: Trimethyl Phosphite](https://busy.in/hsn/hsn-29202300/) | ₹123 Cr | | #4 | [HSN Code 29202920: Diethyl Sulphate](https://busy.in/hsn/hsn-29202920/) | ₹113 Cr | | #5 | [HSN Code 29202990: Other Phosphite Esters/Salts](https://busy.in/hsn/hsn-29202990/) | ₹52 Cr | | #6 | [HSN Code 29202100: Dimethyl Phosphite](https://busy.in/hsn/hsn-29202100/) | ₹12 Cr | | #7 | [HSN Code 29202400: Triethyl Phosphite](https://busy.in/hsn/hsn-29202400/) | ₹9 Cr | | #8 | HSN Code 29201990: Other Thiophosphoric esters: ThioGuard (this hsn code) | ₹4 Cr | | #9 | [HSN Code 29201920: Thiophosphoric Esters](https://busy.in/hsn/hsn-29201920/) | ₹2 Cr | | #10 | [HSN Code 29202200: Diethyl Phosphite](https://busy.in/hsn/hsn-29202200/) | ₹2 Cr |