HSN Code 28080010 represents Nitric Acid under GST classification. This code helps businesses identify Nitric Acid correctly for billing, taxation, and trade. With HSN Code 28080010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Nitric Acid.
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HSN Code 28080010 relates to the following description.
Description of Goods
INORGANIC ACIDS AND INORGANIC OXYGEN COMPOUNDS OF NON-METALS : Nitric acid; sulphonitric acids : Nitric acid
Chapter
28 - Inorganic chemicals, organic or inorganic compounds of precious metals,of rare-earth metals, of radioactive elements or of isotopes
Sub Chapter
2808 - Nitric acid; sulphonitric acids
CGST
9%
SGST
9%
IGST
18%
CESS
0%
Nitric Acid does not include products with the following descriptions.
INORGANIC ACIDS AND INORGANIC OXYGEN COMPOUNDS OF NON-METALS : Nitric acid; sulphonitric acids : Sulphonitric acids
INORGANIC ACIDS AND INORGANIC OXYGEN COMPOUNDS OF NON-METALS : Nitric acid; sulphonitric acids : Sulphonitric acids
India’s Exports
FY 2024-25₹51 Cr
0.0014% of India’s total exports
India’s Imports
FY 2024-25₹286 Cr
0.0047% of India’s total imports
Trade Balance
FY 2024-25−₹235 Cr
Surplus rank #11426 of 12657 HSN codes
% of Sub-Chapter 2808
FY 2024-2598.44%
Share of Sub-Chapter 2808’s total exports in FY 2024-25
Import side: 99.93% of Sub-Chapter 2808’s imports
Rank Within Sub-Chapter 2808
FY 2024-25#1 of 2
Position by export value among HSN codes in Sub-Chapter 2808
Import-side rank: #1 of 2
At a glance
11.38%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3600
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+95.26%
Peak Growth Year
FY 2024-25 · strongest single-year move
98.44%
Contribution to Sub-Ch. 2808
Share of Sub-Chapter 2808 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
−13.86
Exports
26.74 ₹ Cr
0.0012% share
— YoY
99.33% of Sub-Ch. 2808
Imports
40.60 ₹ Cr
0.0011% share
— YoY
99.75% of Sub-Ch. 2808
Balance
−4.62
Exports
28.89 ₹ Cr
0.0013% share
+8.04% YoY
98.77% of Sub-Ch. 2808
Imports
33.51 ₹ Cr
0.0010% share
−17.46% YoY
99.91% of Sub-Ch. 2808
Balance
−5.68
Exports
31.23 ₹ Cr
0.0015% share
+8.10% YoY
98.21% of Sub-Ch. 2808
Imports
36.91 ₹ Cr
0.0013% share
+10.15% YoY
99.89% of Sub-Ch. 2808
Balance
−28.18
Exports
27.63 ₹ Cr
0.0009% share
−11.53% YoY
72.60% of Sub-Ch. 2808
Imports
55.81 ₹ Cr
0.0012% share
+51.21% YoY
99.24% of Sub-Ch. 2808
Balance
−160.63
Exports
26.68 ₹ Cr
0.0007% share
−3.44% YoY
97.19% of Sub-Ch. 2808
Imports
187.31 ₹ Cr
0.0033% share
+235.62% YoY
99.66% of Sub-Ch. 2808
Balance
−111.55
Exports
26.15 ₹ Cr
0.0007% share
−1.99% YoY
98.12% of Sub-Ch. 2808
Imports
137.70 ₹ Cr
0.0025% share
−26.49% YoY
99.94% of Sub-Ch. 2808
Balance
−234.85
Exports
51.06 ₹ Cr
0.0014% share
+95.26% YoY
98.44% of Sub-Ch. 2808
Imports
285.91 ₹ Cr
0.0047% share
+107.63% YoY
99.93% of Sub-Ch. 2808
CAGR · 7-Year
Exports
11.38% /yr
Imports
38.45% /yr
reference, FY 2024-25
Export
₹51.87 Cr
Import
₹286.10 Cr
Trade Balance
−234.23
India's exports under HSN Code 28080010 have grown at a compound annual rate of 11.38% over 7 fiscal years, rising from ₹26.74 Crore in FY 2018-19 to ₹51.06 Crore in FY 2024-25.
In FY 2024-25, HSN Code 28080010 ranks #3600 out of 12657 HSN codes by total export value. Within Sub-Chapter 2808, it ranks #1 of 2. By trade surplus, it ranks #11426 of 12657.
The strongest single-year export movement for HSN Code 28080010 was recorded in FY 2024-25, when exports surged by 95.26% over the prior year.
In FY 2024-25, India's imports of ₹285.91 Cr exceeded exports of ₹51.06 Cr, resulting in a trade deficit of ₹234.85 Crore — ranking #11426 of 12657 by surplus magnitude.
India's imports under HSN Code 28080010 have grown at 38.45% CAGR, reaching ₹285.91 Crore in FY 2024-25.
Among the 2 HSN codes under Sub-Chapter 2808, HSN Code 28080010 ranks #1 by export value — accounting for 98.44% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 99.93% share (rank #1).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 28080010 and GST compliance.
It includes Nitric Acid
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Nitric Acid; Nil for exempt items if applicable).
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.
Under HSN 28080010, Nitric Acid attracts Varies when sold in taxable form. Describe the exact form on the invoice.