What products are classified under HSN 2907
It includes Phenols & derivatives
HSN Sub Chapter 2907 represents Phenols & derivatives under GST classification. This code helps businesses identify Phenols & derivatives correctly for billing, taxation, and trade. With HSN Sub Chapter 2907, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Phenols & derivatives.
GST Rate for Phenols & derivatives under HSN Code 2907. Understand Current Tax Rates, Exemptions, and Legal Classifications to Ensure Accurate Billing and GST Filing.
| Chapter No | HSN Code | HSN Description | New GST Rate | Old GST Rate |
|---|---|---|---|---|
| 29 | 2907 | Phenols, phenol-alcohols, and their halogenated, sulphonated, nitrated or nitrosated derivatives: phenols; phenol-alcohols | 18% | 18% |
Chapter: 29
Description: Phenols, phenol-alcohols, and their halogenated, sulphonated, nitrated or nitrosated derivatives: phenols; phenol-alcohols
Following Tariff HSN code falls under Phenols & derivatives:
| Tariff HSN | Description |
|---|---|
| Monophenols :Phenol (hydroxybenzene) and its salts : Phenol, as pure carbolic acid | |
| Monophenols :Phenol (hydroxybenzene) and its salts : Other | |
| Monophenols : Cresols and their salts : Para cresols (p-cresols) | |
| Monophenols : Cresols and their salts : Cresylic acid | |
| Monophenols :Cresols and their salts : Other | |
| Monophenols : Octylphenol, nonylphenol and their isomers; salt thereof | |
| Phenols; phenol-alcohols - monophenols : xylenols and their salts | |
| Monophenols : Naphthols and their salts :Alpha naphthols | |
| Monophenols : Naphthols and their salts : Beta naphthols | |
| Monophenols : Naphthols and their salts : Other | |
| Monophenols : Other : o-Phenyl phenols | |
| Monophenols :Other : p-Phenyl phenols | |
| Monophenols : Other : Thymol | |
| Monophenols : Other : Para tertiary butyl phenol | |
| Monophenols : Other : Alkyl phenols | |
| Monophenols : Other : other | |
| Polyphenols ; phenol-alcohols : Resorcinol and its salts | |
| Polyphenols ; phenol-alcohols : Hydroquinone (quinol) and its salts | |
| Polyphenols ; phenol-alcohols :4,4 -isopropylidenedipheno (bis-phenol A, diphenylolpropane) and its salts | |
| Polyphenols ; phenol-alcohols : Other : 1,5- Dihydroxy naphthalene | |
| Polyphenols ; phenol-alcohols : Other : Tris (p-hydroxy phenyl) ethane | |
| Polyphenols ; phenol-alcohols : Other : Tertiary butyl hydroquinone | |
| Polyphenols ; phenol-alcohols :Other :Other |
Monophenols :Phenol (hydroxybenzene) and its salts : Phenol, as pure carbolic acid
Monophenols :Phenol (hydroxybenzene) and its salts : Other
Monophenols : Cresols and their salts : Para cresols (p-cresols)
Monophenols : Cresols and their salts : Cresylic acid
Monophenols :Cresols and their salts : Other
Monophenols : Octylphenol, nonylphenol and their isomers; salt thereof
Phenols; phenol-alcohols - monophenols : xylenols and their salts
Monophenols : Naphthols and their salts :Alpha naphthols
Monophenols : Naphthols and their salts : Beta naphthols
Monophenols : Naphthols and their salts : Other
Monophenols : Other : o-Phenyl phenols
Monophenols :Other : p-Phenyl phenols
Monophenols : Other : Thymol
Monophenols : Other : Para tertiary butyl phenol
Monophenols : Other : Alkyl phenols
Monophenols : Other : other
Polyphenols ; phenol-alcohols : Resorcinol and its salts
Polyphenols ; phenol-alcohols : Hydroquinone (quinol) and its salts
Polyphenols ; phenol-alcohols :4,4 -isopropylidenedipheno (bis-phenol A, diphenylolpropane) and its salts
Polyphenols ; phenol-alcohols : Other : 1,5- Dihydroxy naphthalene
Polyphenols ; phenol-alcohols : Other : Tris (p-hydroxy phenyl) ethane
Polyphenols ; phenol-alcohols : Other : Tertiary butyl hydroquinone
Polyphenols ; phenol-alcohols :Other :Other
It includes Phenols & derivatives
Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Phenols & derivatives are forward charge. Check the current notifications for any special cases before deciding.
If your outward supply of Phenols & derivatives is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.
The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.
If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.
Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.
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.