Find GST Rates & HSN
HSN Code 29322020: Phenolphthalein
HSN Code 29322020 represents Phenolphthalein under GST classification. This code helps businesses identify Phenolphthalein correctly for billing, taxation, and trade. With HSN Code 29322020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Phenolphthalein.
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Description of Goods for HSN Code 29322020
HSN Code 29322020 relates to the following description.
What does HSN Code 29322020 not include?
Phenolphthalein does not include products with the following descriptions.
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure : Tetrahydrofuran
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure : 2-Furaldehyde (furfuraldehyde)
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure : Furfuryl alcohol and tetrahydrofurfuryl alcohol
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure : Sucralose
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure :Other :Hydroxy dibenzfuran carboxylic acid
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure :Other : Azadirachtin (neem products), benfuracarb, cinmethylene
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure :Other :Other
Lactones :Coumarin, methylcoumarins and ethylcoumarins
Lactones : Specified lactones (brodifacoum, bromadiolone, coumachlor, coumatetralyl, flocoumafen, milbemectin, spiromesifen)
Lactones :Other
Other : Isosafrole
Other :1-(1,3-Benzodioxol-5-yl) propan-2-one
Other :Piperonal
Other :Safrole
Other :Tetrahydrocannabinols (all isomers)
Other :Carbofuran (ISO)
Heterocyclic compounds with oxygen hetero-atom (s) only – other : other
Other : Cineole
Emamectin benzoate (iso)
Other :Other
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure : Tetrahydrofuran
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure : 2-Furaldehyde (furfuraldehyde)
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure : Furfuryl alcohol and tetrahydrofurfuryl alcohol
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure : Sucralose
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure :Other :Hydroxy dibenzfuran carboxylic acid
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure :Other : Azadirachtin (neem products), benfuracarb, cinmethylene
Compounds containing an unfused furan ring (whether or not hydrogenated) in the structure :Other :Other
Lactones :Coumarin, methylcoumarins and ethylcoumarins
Lactones : Specified lactones (brodifacoum, bromadiolone, coumachlor, coumatetralyl, flocoumafen, milbemectin, spiromesifen)
Lactones :Other
Other : Isosafrole
Other :1-(1,3-Benzodioxol-5-yl) propan-2-one
Other :Piperonal
Other :Safrole
Other :Tetrahydrocannabinols (all isomers)
Other :Carbofuran (ISO)
Heterocyclic compounds with oxygen hetero-atom (s) only – other : other
Other : Cineole
Emamectin benzoate (iso)
Other :Other
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India’s Trade Performance — HSN Code 29322020 in FY 2025-26
India’s Exports
FY 2025-26₹2 Cr
0.0001% of India’s total exports
India’s Imports
FY 2025-26< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2025-26₹2 Cr
Surplus rank #4233 of 12872 HSN codes
% of Sub-Chapter 2932
FY 2025-260.06%
Share of Sub-Chapter 2932’s total exports in FY 2025-26
Import side: 0.00% of Sub-Chapter 2932’s imports
Rank Within Sub-Chapter 2932
FY 2025-26#12 of 21
Position by export value among HSN codes in Sub-Chapter 2932
Import-side rank: #15 of 21
At a glance
10.35%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#7522
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+128.44%
Peak Growth Year
FY 2025-26 · strongest single-year move
0.06%
Contribution to Sub-Ch. 2932
Share of Sub-Chapter 2932 exports in FY 2025-26
India Export-Import Trade Statistics for HSN Code 29322020
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+0.33
Exports
1.25 ₹ Cr
0.0001% share
— YoY
0.08% of Sub-Ch. 2932
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.04% of Sub-Ch. 2932
Balance
+0.82
Exports
1.33 ₹ Cr
0.0001% share
+6.40% YoY
0.08% of Sub-Ch. 2932
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−44.57% YoY
0.02% of Sub-Ch. 2932
Balance
+1.90
Exports
2.06 ₹ Cr
0.0001% share
+54.89% YoY
0.10% of Sub-Ch. 2932
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−68.63% YoY
0.00% of Sub-Ch. 2932
Balance
+0.57
Exports
1.15 ₹ Cr
0.0000% share
−44.17% YoY
0.05% of Sub-Ch. 2932
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+262.50% YoY
0.01% of Sub-Ch. 2932
Balance
+2.33
Exports
2.57 ₹ Cr
0.0001% share
+123.48% YoY
0.10% of Sub-Ch. 2932
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−58.62% YoY
0.01% of Sub-Ch. 2932
Balance
+2.05
Exports
2.12 ₹ Cr
0.0001% share
−17.51% YoY
0.07% of Sub-Ch. 2932
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−70.83% YoY
0.00% of Sub-Ch. 2932
Balance
+1.06
Exports
1.09 ₹ Cr
0.0000% share
−48.58% YoY
0.03% of Sub-Ch. 2932
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−57.14% YoY
0.00% of Sub-Ch. 2932
Balance
+2.33
Exports
2.49 ₹ Cr
0.0001% share
+128.44% YoY
0.06% of Sub-Ch. 2932
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+433.33% YoY
0.00% of Sub-Ch. 2932
CAGR · 8-Year
Exports
10.35% /yr
Imports
−22.11% /yr
reference, FY 2025-26
Export
₹3,856.84 Cr
Import
₹4,727.92 Cr
Trade Balance
−871.08
Key Trade Insights: HSN Code 29322020 Export-Import Analysis
Consistent Export Growth: 10.35% CAGR Over 8 Years
India's exports under HSN Code 29322020 have grown at a compound annual rate of 10.35% over 8 fiscal years, rising from ₹1.25 Crore in FY 2018-19 to ₹2.49 Crore in FY 2025-26.
HSN Code 29322020 Ranked #7522 Among All 12872 HSN codes by Export Value
In FY 2025-26, HSN Code 29322020 ranks #7522 out of 12872 HSN codes by total export value. Within Sub-Chapter 2932, it ranks #12 of 21. By trade surplus, it ranks #4233 of 12872.
FY 2025-26 Was the Strongest Growth Year for HSN Code 29322020 Exports
The strongest single-year export movement for HSN Code 29322020 was recorded in FY 2025-26, when exports surged by 128.44% over the prior year.
India Maintains a Trade Surplus of ₹2.33 Crore in HSN Code 29322020 Goods
In FY 2025-26, India's exports of ₹2.49 Cr exceeded imports of ₹0.16 Cr, resulting in a trade surplus of ₹2.33 Crore — ranking #4233 of 12872 by surplus magnitude.
Import Growth of −22.11% CAGR Signals Stable Import Dependency for Phenolphthalein
India's imports under HSN Code 29322020 have grown at −22.11% CAGR, reaching ₹0.16 Crore in FY 2025-26.
HSN Code 29322020 Contributes 0.06% of Sub-Chapter 2932 Exports — Ranked #12
Among the 21 HSN codes under Sub-Chapter 2932, HSN Code 29322020 ranks #12 by export value — accounting for 0.06% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.00% share (rank #15).
Frequently Asked Questions
Clear answers to common queries about HSN Code 29322020 and GST compliance.
What products are classified under HSN 29322020 ?
It includes Phenolphthalein
How should mixed supplies be billed when Lactones /Phenolphthalein is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Lactones /Phenolphthalein; Nil for exempt items if applicable).
Does packaging or labelling change the GST for Lactones /Phenolphthalein?
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 much GST applies to Lactones /Phenolphthalein?
Under HSN 29322020, Lactones /Phenolphthalein attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Any common misclassification issue with Lactones /Phenolphthalein?
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 Lactones /Phenolphthalein?
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.