HSN Code 29309097: Phosphorothioic Acid Derivative

HSN Code 29309097 represents Phosphorothioic Acid Derivative under GST classification. This code helps businesses identify Phosphorothioic Acid Derivative correctly for billing, taxation, and trade. With HSN Code 29309097, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Phosphorothioic Acid Derivative.

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Description of Goods for HSN Code 29309097

HSN Code 29309097 relates to the following description.

Description of Goods

Other :Other :Phosphorothioic acid, S[2-(diethyl amino) ethyl] O O-Diethyl ester

Chapter

29 - Organic chemicals

Sub Chapter

2930 - Organo-sulphur compounds

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29309097 not include?

Phosphorothioic Acid Derivative does not include products with the following descriptions.

HSN Code 29309040

Other :L-cystine (alpha-amino beta-thiopropionic acid)-sulphur containing amino acid

India’s Trade Performance — HSN Code 29309097 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

Nil

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹1 Cr

+75.86% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−₹1 Cr

Trade Deficit

Surplus rank #7914 of 12657 HSN codes

% of Sub-Chapter 2930

FY 2024-25

0.00%

Share of Sub-Chapter 2930’s total exports in FY 2024-25

Import side: 0.03% of Sub-Chapter 2930’s imports

At a glance

−100.00%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.00%

Contribution to Sub-Ch. 2930

Share of Sub-Chapter 2930 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 29309097

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

Balance

−0.16

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2930

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Sub-Ch. 2930

FY 2019-20 Exp. Rank #6225

Balance

+0.17

Exports

3.61 ₹ Cr

0.0002% share

— YoY

0.34% of Sub-Ch. 2930

Imports

3.44 ₹ Cr

0.0001% share

+2,050.00% YoY

0.19% of Sub-Ch. 2930

FY 2020-21

Balance

−0.27

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2930

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−92.15% YoY

0.01% of Sub-Ch. 2930

FY 2021-22

Balance

−0.50

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2930

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+85.19% YoY

0.02% of Sub-Ch. 2930

FY 2022-23

Balance

−0.34

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2930

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−32.00% YoY

0.01% of Sub-Ch. 2930

FY 2023-24

Balance

−0.58

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2930

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+70.59% YoY

0.02% of Sub-Ch. 2930

FY 2024-25

Balance

−1.02

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2930

Imports

1.02 ₹ Cr

0.0000% share

+75.86% YoY

0.03% of Sub-Ch. 2930

CAGR · 7-Year

Exports

—

Imports

36.17% /yr

Consistently Deficit
Sub-Chapter 2930 total

reference, FY 2024-25

Export

₹2,392.98 Cr

Import

₹3,705.96 Cr

Trade Balance

−1,312.98

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 29309097 Export-Import Analysis

Export Snapshot for HSN Code 29309097

India exported ₹0.00 Crore worth of Phosphorothioic Acid Derivative in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2020-21 Was the Strongest Growth Year for HSN Code 29309097 Exports

The strongest single-year export movement for HSN Code 29309097 was recorded in FY 2020-21, when exports declined by 100.00% over the prior year.

India Records a Trade Deficit of ₹1.02 Crore in HSN Code 29309097 Goods

In FY 2024-25, India's imports of ₹1.02 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹1.02 Crore — ranking #7914 of 12657 by surplus magnitude.

Import Growth of 36.17% CAGR Signals Rising Demand for Phosphorothioic Acid Derivative

India's imports under HSN Code 29309097 have grown at 36.17% CAGR, reaching ₹1.02 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29309097 and GST compliance.

What products are classified under HSN 29309097 ?

It includes Phosphorothioic Acid Derivative

Does packaging or labelling change the GST for Phosphorothioic Acid Derivative?

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 should mixed supplies be billed when Phosphorothioic Acid Derivative is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Phosphorothioic Acid Derivative; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Phosphorothioic Acid Derivative?

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 much GST applies to Phosphorothioic Acid Derivative?

Under HSN 29309097, Phosphorothioic Acid Derivative attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Phosphorothioic Acid Derivative?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Any common misclassification issue with Phosphorothioic Acid Derivative?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

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.