--- title: "HSN Code for Rare-earth metals | HSN 28053000 GST Rate" description: "Find HSN and GST Rates for 28053000 related to Rare-earth metals with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-28053000/" --- # HSN Code 28053000: Rare-earth metals - [Section 06: Guide to HSN Section 06](https://busy.in/hsn/section-06/) - [Chapter 28: Inorganic Chemicals & Rare-Earth Metal Compounds](https://busy.in/hsn/chapter-28/) - [Sub-chapter 2805: Rare-earth metals & mercury](https://busy.in/hsn/sub-chapter-2805/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | CHEMICAL ELEMENTS : Rare-earth metals, scandium and yttrium,whether or not intermixed or interalloyed | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 28053000 ? It includes Rare-earth metals ### Do e‑way bill and e‑invoice apply for Rare-earth metals? 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. ### Can we claim ITC on inputs used to trade Rare-earth metals? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Rare-earth metals? Under HSN 28053000, Rare-earth metals attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Rare-earth metals is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Rare-earth metals; Nil for exempt items if applicable). ### Any common misclassification issue with Rare-earth metals? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Does packaging or labelling change the GST for Rare-earth metals? 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. ## India's trade performance: HSN Code 28053000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹2 Cr (+470.27% YoY) — 0.0001% of India's total exports - Imports: ₹41 Cr (−5.31% YoY) — 0.0007% of India's total imports - Trade balance: −₹39 Cr (Deficit); surplus rank #10063 of 12657 HSN codes - Share of Sub-Chapter 2805: 8.46% of its exports; import side 6.64% - Rank within Sub-Chapter 2805: #3 of 5 by export value; import-side #4 ### Key metrics - Export CAGR: 29.37% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7554 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +470.27% in FY 2024-25 - Contribution to Sub-Ch. 2805: 8.46% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 28053000 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 2805 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2805 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.85% | 27.90 | 0.0008% | — | 5.52% | −27.45 | #8258 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −11.11% | 0.74% | 16.23 | 0.0005% | −41.83% | 3.85% | −15.83 | #8373 | | FY 2020-21 | < ₹1 Crore | 0.0000% | +5.00% | 1.73% | 17.52 | 0.0006% | +7.95% | 3.80% | −17.10 | #8359 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +11.90% | 1.17% | 30.87 | 0.0007% | +76.20% | 4.50% | −30.40 | #8620 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −61.70% | 0.54% | 28.88 | 0.0005% | −6.45% | 3.35% | −28.70 | #9358 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +105.56% | 1.31% | 43.68 | 0.0008% | +51.25% | 6.74% | −43.31 | #9038 | | FY 2024-25 | 2.11 | 0.0001% | +470.27% | 8.46% | 41.36 | 0.0007% | −5.31% | 6.64% | −39.25 | #7554 | - CAGR (7-year): exports 29.37%/yr, imports 6.78%/yr (consistently Deficit) ## Key trade insights: HSN Code 28053000 export-import analysis ### Consistent export growth: 29.37% CAGR over 7 years India's exports under HSN Code 28053000 have grown at a compound annual rate of 29.37% over 7 fiscal years, rising from ₹0.45 Crore in FY 2018-19 to ₹2.11 Crore in FY 2024-25. ### HSN Code 28053000 ranked #7554 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 28053000 ranks #7554 out of 12657 HSN codes by total export value. Within Sub-Chapter 2805, it ranks #3 of 5. By trade surplus, it ranks #10063 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 28053000 exports The strongest single-year export movement for HSN Code 28053000 was recorded in FY 2024-25, when exports surged by 470.27% over the prior year. ### India records a trade deficit of ₹39.25 Crore in HSN Code 28053000 goods In FY 2024-25, India's imports of ₹41.36 Cr exceeded exports of ₹2.11 Cr, resulting in a trade deficit of ₹39.25 Crore — ranking #10063 of 12657 by surplus magnitude. ### Import growth of 6.78% CAGR signals stable import dependency for Rare-earth metals India's imports under HSN Code 28053000 have grown at 6.78% CAGR, reaching ₹41.36 Crore in FY 2024-25. ### HSN Code 28053000 contributes 8.46% of Sub-Chapter 2805 exports — ranked #3 Among the 5 HSN codes under Sub-Chapter 2805, HSN Code 28053000 ranks #3 by export value — accounting for 8.46% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 6.64% share (rank #4). ## Related HSN Codes in Sub-Chapter 2805 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 28051900: Alkali or alkaline-earth metals](https://busy.in/hsn/hsn-28051900/) | ₹12 Cr | | #2 | [HSN Code 28051200: Calcium Metal](https://busy.in/hsn/hsn-28051200/) | ₹9 Cr | | #3 | HSN Code 28053000: Rare-earth metals (this hsn code) | ₹2 Cr | | #4 | [HSN Code 28054000: Mercury](https://busy.in/hsn/hsn-28054000/) | ₹1 Cr | | #5 | [HSN Code 28051100: Alkali metals: Sodium](https://busy.in/hsn/hsn-28051100/) | < ₹1 Crore |