--- title: "HSN Code for Trimethyl Phosphite | HSN 29202300 GST Rate" description: "Find HSN and GST Rates for 29202300 related to Trimethyl Phosphite with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29202300/" --- # HSN Code 29202300: Trimethyl Phosphite - [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 | | --- | --- | --- | --- | --- | | Phosphite esters and their salts; their halogenated, sulphonated, nitrated or nitrosated derivatives: Trimethyl phosphite | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29202300 ? It includes Trimethyl Phosphite ### Does packaging or labelling change the GST for Trimethyl Phosphite? 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. ### Any common misclassification issue with Trimethyl Phosphite? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Trimethyl Phosphite? 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. ### Can we claim ITC on inputs used to trade Trimethyl Phosphite? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How should mixed supplies be billed when Trimethyl Phosphite is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Trimethyl Phosphite; Nil for exempt items if applicable). ## India's trade performance: HSN Code 29202300 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹123 Cr (+13.30% YoY) — 0.0033% of India's total exports - Imports: < ₹1 Crore — 0.0000% of India's total imports - Trade balance: ₹123 Cr (Surplus); surplus rank #1466 of 12657 HSN codes - Share of Sub-Chapter 2920: 14.91% of its exports; import side 0.00% - Rank within Sub-Chapter 2920: #3 of 26 by export value; import-side #10 ### Key metrics - Export CAGR: 7.83% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2406 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +86.66% in FY 2021-22 - Contribution to Sub-Ch. 2920: 14.91% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29202300 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 | 78.37 | 0.0034% | — | 11.04% | 26.78 | 0.0007% | — | 2.81% | +51.59 | #2287 | | FY 2019-20 | 98.07 | 0.0045% | +25.14% | 15.69% | Nil | 0.0000% | −100.00% | 0.00% | +98.07 | #2043 | | FY 2020-21 | 77.82 | 0.0036% | −20.65% | 14.59% | Nil | 0.0000% | — | 0.00% | +77.82 | #2358 | | FY 2021-22 | 145.26 | 0.0046% | +86.66% | 17.20% | 12.24 | 0.0003% | — | 1.03% | +133.02 | #1973 | | FY 2022-23 | 184.69 | 0.0051% | +27.14% | 19.15% | < ₹1 Crore | 0.0000% | −99.10% | 0.01% | +184.58 | #1820 | | FY 2023-24 | 108.73 | 0.0030% | −41.13% | 14.68% | Nil | 0.0000% | −100.00% | 0.00% | +108.73 | #2466 | | FY 2024-25 | 123.19 | 0.0033% | +13.30% | 14.91% | < ₹1 Crore | 0.0000% | — | 0.00% | +123.18 | #2406 | - CAGR (7-year): exports 7.83%/yr, imports -73.17%/yr (consistently Surplus) ## Key trade insights: HSN Code 29202300 export-import analysis ### Consistent export growth: 7.83% CAGR over 7 years India's exports under HSN Code 29202300 have grown at a compound annual rate of 7.83% over 7 fiscal years, rising from ₹78.37 Crore in FY 2018-19 to ₹123.19 Crore in FY 2024-25. ### HSN Code 29202300 ranked #2406 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29202300 ranks #2406 out of 12657 HSN codes by total export value. Within Sub-Chapter 2920, it ranks #3 of 26. By trade surplus, it ranks #1466 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 29202300 exports The strongest single-year export movement for HSN Code 29202300 was recorded in FY 2021-22, when exports surged by 86.66% over the prior year. ### India maintains a trade surplus of ₹123.18 Crore in HSN Code 29202300 goods In FY 2024-25, India's exports of ₹123.19 Cr exceeded imports of ₹0.01 Cr, resulting in a trade surplus of ₹123.18 Crore — ranking #1466 of 12657 by surplus magnitude. ### Import growth of -73.17% CAGR signals stable import dependency for Trimethyl Phosphite India's imports under HSN Code 29202300 have grown at -73.17% CAGR, reaching ₹0.01 Crore in FY 2024-25. ### HSN Code 29202300 contributes 14.91% of Sub-Chapter 2920 exports — ranked #3 Among the 26 HSN codes under Sub-Chapter 2920, HSN Code 29202300 ranks #3 by export value — accounting for 14.91% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #10). ## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-29201990/) | ₹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 |