HSN Code 29202990: Other Phosphite Esters/Salts

HSN Code 29202990 represents Other Phosphite Esters/Salts under GST classification. This code helps businesses identify Other Phosphite Esters/Salts correctly for billing, taxation, and trade. With HSN Code 29202990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Phosphite Esters/Salts.

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Description of Goods for HSN Code 29202990

HSN Code 29202990 relates to the following description.

Description of Goods

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

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 29202990 not include?

Other Phosphite Esters/Salts 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: 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

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 29202990 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

₹52 Cr

−14.15% vs FY 2023-24

0.0014% of India’s total exports

India’s Imports

FY 2024-25

₹111 Cr

−6.73% vs FY 2023-24

0.0018% of India’s total imports

Trade Balance

FY 2024-25

−₹58 Cr

Trade Deficit

Surplus rank #10358 of 12657 HSN codes

% of Sub-Chapter 2920

FY 2024-25

6.34%

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

Import side: 12.97% of Sub-Chapter 2920’s imports

Rank Within Sub-Chapter 2920

FY 2024-25

#5 of 26

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

Import-side rank: #3 of 26

At a glance

95.11%

Export CAGR

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

#3561

National Export Rank

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

+2,341.05%

Peak Growth Year

FY 2019-20 · strongest single-year move

6.34%

Contribution to Sub-Ch. 2920

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #7674

Balance

−53.49

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.13% of Sub-Ch. 2920

Imports

54.44 ₹ Cr

0.0015% share

YoY

5.72% of Sub-Ch. 2920

FY 2019-20 Exp. Rank #3917

Balance

−61.64

Exports

23.19 ₹ Cr

0.0011% share

+2,341.05% YoY

3.71% of Sub-Ch. 2920

Imports

84.83 ₹ Cr

0.0025% share

+55.82% YoY

10.26% of Sub-Ch. 2920

FY 2020-21 Exp. Rank #3077

Balance

−53.20

Exports

45.53 ₹ Cr

0.0021% share

+96.33% YoY

8.54% of Sub-Ch. 2920

Imports

98.73 ₹ Cr

0.0034% share

+16.39% YoY

10.37% of Sub-Ch. 2920

FY 2021-22 Exp. Rank #2235

Balance

−68.73

Exports

113.88 ₹ Cr

0.0036% share

+150.12% YoY

13.48% of Sub-Ch. 2920

Imports

182.61 ₹ Cr

0.0040% share

+84.96% YoY

15.35% of Sub-Ch. 2920

FY 2022-23 Exp. Rank #2586

Balance

−84.05

Exports

95.78 ₹ Cr

0.0026% share

−15.89% YoY

9.93% of Sub-Ch. 2920

Imports

179.83 ₹ Cr

0.0031% share

−1.52% YoY

14.02% of Sub-Ch. 2920

FY 2023-24 Exp. Rank #3256

Balance

−57.55

Exports

61.05 ₹ Cr

0.0017% share

−36.26% YoY

8.24% of Sub-Ch. 2920

Imports

118.60 ₹ Cr

0.0021% share

−34.05% YoY

15.28% of Sub-Ch. 2920

FY 2024-25 Exp. Rank #3561

Balance

−58.21

Exports

52.41 ₹ Cr

0.0014% share

−14.15% YoY

6.34% of Sub-Ch. 2920

Imports

110.62 ₹ Cr

0.0018% share

−6.73% YoY

12.97% of Sub-Ch. 2920

CAGR · 7-Year

Exports

95.11% /yr

Imports

12.54% /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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29202990 and GST compliance.

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.

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.