HSN Code 29314400: Methylphosphonic Acid

HSN Code 29314400 represents Methylphosphonic Acid under GST classification. This code helps businesses identify Methylphosphonic Acid correctly for billing, taxation, and trade. With HSN Code 29314400, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Methylphosphonic Acid.

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Description of Goods for HSN Code 29314400

HSN Code 29314400 relates to the following description.

Description of Goods

Non-halogenated organo-phosphorous derivatives: Methylphosphonic acid

Chapter

29 - Organic chemicals

Sub Chapter

2931 - Other organo-inorganic compounds

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29314400 not include?

Methylphosphonic Acid does not include products with the following descriptions.

Other organo-inorganic compounds - other organo-inorganic compounds : organo-mercury compounds

Phosponic acide,[methyl-(5-ethyl-2-methyl 2-oxido- 1,3,2-dioxaphosphorinan-5-yl) methyl]ester

Phosphonic acide,[methyl-bis (5-ethyl-2-methyl 2-oxido- 1,3,2-dioxaphosphorinan-5-yl) methyl] ester

1 propanaminium n,n,n trimethyl 3-[1-oxo-9-octadecenyl amino] -(z)-methyl methyl phosphonate

Other organo-inorganic compounds-tetramethyl lead and tetraethyl lead—tetraethyl lead

(5-ethyl-2-methyl-2-oxido-1, 3, 2-dioxaphosphinan-5-yl)methyl methylphosphonate

Bis[(5-ethyl-2-methyl-2-oxido-1, 3, 2-dioxaphosphinan-5-yl) methyl] methylphosphonate

Non-halogenated organo-phosphorous derivatives: Salt of methylphosphonic acid and (aminoimino- methyl)urea (1: 1)

Non-halogenated organo-phosphorous derivatives: 2, 4, 6-Tripropyl-1, 3, 5, 2, 4, 6-trioxatriphosphinane 2, 4, 6-trioxide

Non-halogenated organo-phosphorous derivatives: (5-Ethyl-2-methyl-2-oxido-1, 3, 2-dioxaphosphinan -5-yl)methyl methyl methylphosphonate

Non-halogenated organo-phosphorous derivatives: 3,9-Dimethyl-2,4,8,10-tetraoxa-3,9-diphosphaspiro[5.5] undecane 3,9-dioxide

Non-halogenated organo-phosphorous derivatives: Other: Sodium 3-(trihydroxysilyl) propyl methylphosphonate

Non-halogenated organo-phosphorous derivatives: Other: Bis[(5-ethyl-2-methyl-2-oxido-1,3,2-dioxaphosphinan-5-yl)methyl] methylphosphonate

Halogenated organo-phosphorous derivatives: O-(3-chloropropyl) O-[4-nitro-3-(tri-fluoromethyl) phenyl] methylphosphonothionate

Other: Organo arsenic compounds: Amino-hydroxyphenylarsonic acids, their formyl and acetyl derivatives and their salts

India’s Trade Performance — HSN Code 29314400 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

₹5 Cr

−39.21% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹5 Cr

Trade Surplus

Surplus rank #3762 of 12657 HSN codes

% of Sub-Chapter 2931

FY 2024-25

0.29%

Share of Sub-Chapter 2931’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 2931’s imports

Rank Within Sub-Chapter 2931

FY 2024-25

#5 of 57

Position by export value among HSN codes in Sub-Chapter 2931

At a glance

#6719

National Export Rank

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

+9.35%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.29%

Contribution to Sub-Ch. 2931

Share of Sub-Chapter 2931 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 29314400

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

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2931

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2931

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2931

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2931

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2931

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2931

FY 2021-22

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2931

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2931

FY 2022-23 Exp. Rank #6089

Balance

+6.37

Exports

6.95 ₹ Cr

0.0002% share

YoY

0.38% of Sub-Ch. 2931

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.02% of Sub-Ch. 2931

FY 2023-24 Exp. Rank #6059

Balance

+4.97

Exports

7.60 ₹ Cr

0.0002% share

+9.35% YoY

0.51% of Sub-Ch. 2931

Imports

2.63 ₹ Cr

0.0000% share

+353.45% YoY

0.13% of Sub-Ch. 2931

FY 2024-25 Exp. Rank #6719

Balance

+4.62

Exports

4.62 ₹ Cr

0.0001% share

−39.21% YoY

0.29% of Sub-Ch. 2931

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2931

Sub-Chapter 2931 total

reference, FY 2024-25

Export

₹1,615.23 Cr

Import

₹1,955.29 Cr

Trade Balance

−340.06

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

Key Trade Insights: HSN Code 29314400 Export-Import Analysis

Export Snapshot for HSN Code 29314400

India exported ₹4.62 Crore worth of Methylphosphonic Acid in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 29314400 Ranked #6719 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29314400 ranks #6719 out of 12657 HSN codes by total export value. Within Sub-Chapter 2931, it ranks #5 of 57. By trade surplus, it ranks #3762 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 29314400 Exports

The strongest single-year export movement for HSN Code 29314400 was recorded in FY 2023-24, when exports surged by 9.35% over the prior year.

India Maintains a Trade Surplus of ₹4.62 Crore in HSN Code 29314400 Goods

In FY 2024-25, India's exports of ₹4.62 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹4.62 Crore — ranking #3762 of 12657 by surplus magnitude.

HSN Code 29314400 Contributes 0.29% of Sub-Chapter 2931 Exports — Ranked #5

Among the 57 HSN codes under Sub-Chapter 2931, HSN Code 29314400 ranks #5 by export value — accounting for 0.29% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29314400 and GST compliance.

What products are classified under HSN 29314400 ?

It includes Methylphosphonic Acid

Any common misclassification issue with Methylphosphonic Acid?

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

How much GST applies to Methylphosphonic Acid?

Under HSN 29314400, Methylphosphonic Acid attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Methylphosphonic Acid?

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.

Can we claim ITC on inputs used to trade Methylphosphonic Acid?

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

Do e‑way bill and e‑invoice apply for Methylphosphonic Acid?

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.

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.