--- title: "HSN Code for Other Phosphite Esters/Salts | HSN 29202990 GST Rate" description: "Find HSN and GST Rates for 29202990 related to Other Phosphite Esters/Salts with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29202990/" --- # HSN Code 29202990: Other Phosphite Esters/Salts - [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: Other: Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29202990 ? It includes Other Phosphite Esters/Salts ### Does packaging or labelling change the GST for Other Phosphite Esters/Salts? 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 Other Phosphite Esters/Salts? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How should mixed supplies be billed when Other Phosphite Esters/Salts is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Phosphite Esters/Salts; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Other Phosphite Esters/Salts? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Other Phosphite Esters/Salts? Under HSN 29202990, Other Phosphite Esters/Salts attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 29202990 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹52 Cr (−14.15% YoY) — 0.0014% of India's total exports - Imports: ₹111 Cr (−6.73% YoY) — 0.0018% of India's total imports - Trade balance: −₹58 Cr (Deficit); surplus rank #10358 of 12657 HSN codes - Share of Sub-Chapter 2920: 6.34% of its exports; import side 12.97% - Rank within Sub-Chapter 2920: #5 of 26 by export value; import-side #3 ### Key metrics - Export CAGR: 95.11% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3561 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +2,341.05% in FY 2019-20 - Contribution to Sub-Ch. 2920: 6.34% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29202990 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 | < ₹1 Crore | 0.0000% | — | 0.13% | 54.44 | 0.0015% | — | 5.72% | −53.49 | #7674 | | FY 2019-20 | 23.19 | 0.0011% | +2,341.05% | 3.71% | 84.83 | 0.0025% | +55.82% | 10.26% | −61.64 | #3917 | | FY 2020-21 | 45.53 | 0.0021% | +96.33% | 8.54% | 98.73 | 0.0034% | +16.39% | 10.37% | −53.20 | #3077 | | FY 2021-22 | 113.88 | 0.0036% | +150.12% | 13.48% | 182.61 | 0.0040% | +84.96% | 15.35% | −68.73 | #2235 | | FY 2022-23 | 95.78 | 0.0026% | −15.89% | 9.93% | 179.83 | 0.0031% | −1.52% | 14.02% | −84.05 | #2586 | | FY 2023-24 | 61.05 | 0.0017% | −36.26% | 8.24% | 118.60 | 0.0021% | −34.05% | 15.28% | −57.55 | #3256 | | FY 2024-25 | 52.41 | 0.0014% | −14.15% | 6.34% | 110.62 | 0.0018% | −6.73% | 12.97% | −58.21 | #3561 | - CAGR (7-year): exports 95.11%/yr, imports 12.54%/yr (consistently Deficit) ## Key trade insights: HSN Code 29202990 export-import analysis ### Consistent export growth: 95.11% CAGR over 7 years India's exports under HSN Code 29202990 have grown at a compound annual rate of 95.11% over 7 fiscal years, rising from ₹0.95 Crore in FY 2018-19 to ₹52.41 Crore in FY 2024-25. ### HSN Code 29202990 ranked #3561 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29202990 ranks #3561 out of 12657 HSN codes by total export value. Within Sub-Chapter 2920, it ranks #5 of 26. By trade surplus, it ranks #10358 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 29202990 exports The strongest single-year export movement for HSN Code 29202990 was recorded in FY 2019-20, when exports surged by 2,341.05% over the prior year. ### India records a trade deficit of ₹58.21 Crore in HSN Code 29202990 goods In FY 2024-25, India's imports of ₹110.62 Cr exceeded exports of ₹52.41 Cr, resulting in a trade deficit of ₹58.21 Crore — ranking #10358 of 12657 by surplus magnitude. ### Import growth of 12.54% CAGR signals rising demand for Other Phosphite Esters/Salts India's imports under HSN Code 29202990 have grown at 12.54% CAGR, reaching ₹110.62 Crore in FY 2024-25. ### HSN Code 29202990 contributes 6.34% of Sub-Chapter 2920 exports — ranked #5 Among the 26 HSN codes under Sub-Chapter 2920, HSN Code 29202990 ranks #5 by export value — accounting for 6.34% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 12.97% share (rank #3). ## 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 (this hsn code) | ₹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 |