---
title: "HSN Code for Oleum | HSN 28070020 GST Rate"
description: "Find HSN and GST Rates for 28070020 related to Oleum with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-28070020/"
---

# HSN Code 28070020: Oleum

- [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 2807: Sulphuric acid](https://busy.in/hsn/sub-chapter-2807/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| INORGANIC ACIDS AND INORGANIC OXYGEN COMPOUNDS OF NON-METALS : Sulphuric acid; oleum : Oleum | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 28070020 ?

It includes Oleum

### Do e‑way bill and e‑invoice apply for Oleum?

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 Oleum?

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 Oleum?

Under HSN 28070020, Oleum attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Does packaging or labelling change the GST for Oleum?

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 should mixed supplies be billed when Oleum is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Oleum; Nil for exempt items if applicable).

### Any common misclassification issue with Oleum?

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

## India's trade performance: HSN Code 28070020 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹2 Cr (+20.27% YoY) — 0.0000% of India's total exports
- Imports: < ₹1 Crore (+500.00% YoY) — 0.0000% of India's total imports
- Trade balance: ₹2 Cr (Surplus); surplus rank #4290 of 12657 HSN codes
- Share of Sub-Chapter 2807: 0.45% of its exports; import side 0.00%
- Rank within Sub-Chapter 2807: #2 of 2 by export value; import-side #2

### Key metrics

- Export CAGR: 56.75% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #7708 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +239.13% in FY 2022-23
- Contribution to Sub-Ch. 2807: 0.45% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 28070020

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. 2807 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2807 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.15% | < ₹1 Crore | 0.0000% | — | 0.00% | +0.09 | #9103 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | +16.67% | 0.31% | < ₹1 Crore | 0.0000% | −33.33% | 0.00% | +0.12 | #9016 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | +85.71% | 0.41% | < ₹1 Crore | 0.0000% | −50.00% | 0.00% | +0.25 | #8696 |
| FY 2021-22 | < ₹1 Crore | 0.0000% | −11.54% | 0.06% | < ₹1 Crore | 0.0000% | +100.00% | 0.00% | +0.21 | #9112 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | +239.13% | 0.61% | < ₹1 Crore | 0.0000% | +50.00% | 0.00% | +0.75 | #8312 |
| FY 2023-24 | 1.48 | 0.0000% | +89.74% | 2.25% | < ₹1 Crore | 0.0000% | −66.67% | 0.00% | +1.47 | #7869 |
| FY 2024-25 | 1.78 | 0.0000% | +20.27% | 0.45% | < ₹1 Crore | 0.0000% | +500.00% | 0.00% | +1.72 | #7708 |

- CAGR (7-year): exports 56.75%/yr, imports 12.25%/yr (consistently Surplus)

## Key trade insights: HSN Code 28070020 export-import analysis

### Consistent export growth: 56.75% CAGR over 7 years

India's exports under HSN Code 28070020 have grown at a compound annual rate of 56.75% over 7 fiscal years, rising from ₹0.12 Crore in FY 2018-19 to ₹1.78 Crore in FY 2024-25.

### HSN Code 28070020 ranked #7708 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 28070020 ranks #7708 out of 12657 HSN codes by total export value. Within Sub-Chapter 2807, it ranks #2 of 2. By trade surplus, it ranks #4290 of 12657.

### FY 2022-23 was the strongest growth year for HSN Code 28070020 exports

The strongest single-year export movement for HSN Code 28070020 was recorded in FY 2022-23, when exports surged by 239.13% over the prior year.

### India maintains a trade surplus of ₹1.72 Crore in HSN Code 28070020 goods

In FY 2024-25, India's exports of ₹1.78 Cr exceeded imports of ₹0.06 Cr, resulting in a trade surplus of ₹1.72 Crore — ranking #4290 of 12657 by surplus magnitude.

### Import growth of 12.25% CAGR signals rising demand for Oleum

India's imports under HSN Code 28070020 have grown at 12.25% CAGR, reaching ₹0.06 Crore in FY 2024-25.

### HSN Code 28070020 contributes 0.45% of Sub-Chapter 2807 exports — ranked #2

Among the 2 HSN codes under Sub-Chapter 2807, HSN Code 28070020 ranks #2 by export value — accounting for 0.45% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #2).

## Related HSN Codes in Sub-Chapter 2807

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 28070010: Sulphuric Acid and Oleum](https://busy.in/hsn/hsn-28070010/) | ₹393 Cr |
| #2 | HSN Code 28070020: Oleum (this hsn code) | ₹2 Cr |