Consistent Export Growth: 13.71% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2919 have grown at a compound annual rate of 13.71% over 7 fiscal years, rising from ₹93.70 Crore in FY 2018-19 to ₹202.52 Crore in FY 2024-25.
HSN Sub Chapter 2919 represents Phosphoric Esters under GST classification. This code helps businesses identify Phosphoric Esters correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2919, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Phosphoric Esters.
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GST Rate for Phosphoric Esters under HSN Code 2919. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Phosphoric Esters.
Tariff HSN
Description
Phosphoric esters and their salts, including lactophosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives - phosphoric esters and their salts, including lacto-phosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives : glycerophosphoric acid
Tariff HSN
Description
Phosphoric esters and their salts, including lactophosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives - phosphoric esters and their salts, including lacto-phosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives : calcium glycerophosphate
Tariff HSN
Description
Phosphoric esters and their salts, including lactophosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives - phosphoric esters and their salts, including lacto-phosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives : iron glycerophosphate
Tariff HSN
Description
Phosphoric esters and their salts, including lactophosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives - phosphoric esters and their salts, including lacto-phosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives : sodium glycerophosphate
Tariff HSN
Description
Phosphoric esters and their salts, including lactophosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives - phosphoric esters and their salts, including lacto-phosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives : tricresyl phosphate
Tariff HSN
Description
Phosphoric esters and their salts, including lactophosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives - phosphoric esters and their salts, including lacto-phosphates; their halogenated, sulphonated, nitrated or nitrosated derivatives : other
Tariff HSN
Description
Tris(2,3-dibromopropyl) phosphate
Tariff HSN
Description
Other : Glycerophosphoric acid
Tariff HSN
Description
Other : Calcium glycerophosphate
Tariff HSN
Description
Other : Iron glycerophosphate
Tariff HSN
Description
Other : Sodium glycerophosphate
Tariff HSN
Description
Other : Tricresyl phosphate
Tariff HSN
Description
Other : Other
India’s Exports
FY 2024-25₹203 Cr
0.0055% of India’s total exports
India’s Imports
FY 2024-25₹233 Cr
0.0038% of India’s total imports
Trade Balance
FY 2024-25−₹31 Cr
Surplus rank #641 of 1233 subchapters
% of Chapter 29
FY 2024-250.12%
Share of Chapter 29’s total exports in FY 2024-25
Import side: 0.10% of Chapter 29’s imports
Rank Within Chapter 29
FY 2024-25#40 of 42
Position by export value among subchapters in Chapter 29
Import-side rank: #39 of 42
At a glance
13.71%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#699
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+39.78%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.12%
Contribution to Ch. 29
Share of Chapter 29 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−42.42
Exports
93.70 ₹ Cr
0.0041% share
— YoY
0.07% of Ch. 29
Imports
136.12 ₹ Cr
0.0038% share
— YoY
0.09% of Ch. 29
Balance
−46.58
Exports
105.33 ₹ Cr
0.0048% share
+12.41% YoY
0.09% of Ch. 29
Imports
151.91 ₹ Cr
0.0045% share
+11.60% YoY
0.11% of Ch. 29
Balance
−66.22
Exports
79.69 ₹ Cr
0.0037% share
−24.34% YoY
0.06% of Ch. 29
Imports
145.91 ₹ Cr
0.0050% share
−3.95% YoY
0.10% of Ch. 29
Balance
−102.55
Exports
106.22 ₹ Cr
0.0034% share
+33.29% YoY
0.06% of Ch. 29
Imports
208.77 ₹ Cr
0.0046% share
+43.08% YoY
0.10% of Ch. 29
Balance
−77.61
Exports
132.21 ₹ Cr
0.0037% share
+24.47% YoY
0.08% of Ch. 29
Imports
209.82 ₹ Cr
0.0036% share
+0.50% YoY
0.09% of Ch. 29
Balance
−106.57
Exports
184.80 ₹ Cr
0.0051% share
+39.78% YoY
0.11% of Ch. 29
Imports
291.37 ₹ Cr
0.0052% share
+38.87% YoY
0.13% of Ch. 29
Balance
−30.80
Exports
202.52 ₹ Cr
0.0055% share
+9.59% YoY
0.12% of Ch. 29
Imports
233.32 ₹ Cr
0.0038% share
−19.92% YoY
0.10% of Ch. 29
CAGR · 7-Year
Exports
13.71% /yr
Imports
9.40% /yr
reference, FY 2024-25
Export
₹1,70,243.54 Cr
Import
₹2,24,781.99 Cr
Trade Balance
−54,538.45
India's exports under HSN Sub-Chapter 2919 have grown at a compound annual rate of 13.71% over 7 fiscal years, rising from ₹93.70 Crore in FY 2018-19 to ₹202.52 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2919 ranks #699 out of 1233 subchapters by total export value. Within Chapter 29, it ranks #40 of 42. By trade surplus, it ranks #641 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2919 was recorded in FY 2023-24, when exports surged by 39.78% over the prior year.
In FY 2024-25, India's imports of ₹233.32 Cr exceeded exports of ₹202.52 Cr, resulting in a trade deficit of ₹30.80 Crore — ranking #641 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2919 have grown at 9.40% CAGR, reaching ₹233.32 Crore in FY 2024-25.
Among the 42 subchapters under Chapter 29, HSN Sub-Chapter 2919 ranks #40 by export value — accounting for 0.12% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.10% share (rank #39).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 2919 and GST compliance.
It includes Phosphoric Esters
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Phosphoric Esters are forward charge. Check the current notifications for any special cases before deciding.
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.
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.
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.