HSN Code 29202300: Trimethyl Phosphite

HSN Code 29202300 represents Trimethyl Phosphite under GST classification. This code helps businesses identify Trimethyl Phosphite correctly for billing, taxation, and trade. With HSN Code 29202300, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Trimethyl Phosphite.

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Description of Goods for HSN Code 29202300

HSN Code 29202300 relates to the following description.

Description of Goods

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

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 29202300 not include?

Trimethyl Phosphite 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 : Thiophosphoric ester (phosphorothioates) and their salts, their halogenated, sulphonated, nitrated or nitrosated derivatives

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: 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 29202300 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

₹123 Cr

+13.30% vs FY 2023-24

0.0033% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹123 Cr

Trade Surplus

Surplus rank #1466 of 12657 HSN codes

% of Sub-Chapter 2920

FY 2024-25

14.91%

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

Import side: 0.00% of Sub-Chapter 2920’s imports

Rank Within Sub-Chapter 2920

FY 2024-25

#3 of 26

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

Import-side rank: #10 of 26

At a glance

7.83%

Export CAGR

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

#2406

National Export Rank

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

+86.66%

Peak Growth Year

FY 2021-22 · strongest single-year move

14.91%

Contribution to Sub-Ch. 2920

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #2287

Balance

+51.59

Exports

78.37 ₹ Cr

0.0034% share

YoY

11.04% of Sub-Ch. 2920

Imports

26.78 ₹ Cr

0.0007% share

YoY

2.81% of Sub-Ch. 2920

FY 2019-20 Exp. Rank #2043

Balance

+98.07

Exports

98.07 ₹ Cr

0.0045% share

+25.14% YoY

15.69% of Sub-Ch. 2920

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2920

FY 2020-21 Exp. Rank #2358

Balance

+77.82

Exports

77.82 ₹ Cr

0.0036% share

−20.65% YoY

14.59% of Sub-Ch. 2920

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2920

FY 2021-22 Exp. Rank #1973

Balance

+133.02

Exports

145.26 ₹ Cr

0.0046% share

+86.66% YoY

17.20% of Sub-Ch. 2920

Imports

12.24 ₹ Cr

0.0003% share

YoY

1.03% of Sub-Ch. 2920

FY 2022-23 Exp. Rank #1820

Balance

+184.58

Exports

184.69 ₹ Cr

0.0051% share

+27.14% YoY

19.15% of Sub-Ch. 2920

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−99.10% YoY

0.01% of Sub-Ch. 2920

FY 2023-24 Exp. Rank #2466

Balance

+108.73

Exports

108.73 ₹ Cr

0.0030% share

−41.13% YoY

14.68% of Sub-Ch. 2920

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2920

FY 2024-25 Exp. Rank #2406

Balance

+123.18

Exports

123.19 ₹ Cr

0.0033% share

+13.30% YoY

14.91% of Sub-Ch. 2920

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2920

CAGR · 7-Year

Exports

7.83% /yr

Imports

−73.17% /yr

Consistently Surplus
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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29202300 and GST compliance.

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).

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.