HSN Code 28161010 represents Magnesium Hydroxide under GST classification. This code helps businesses identify Magnesium Hydroxide correctly for billing, taxation, and trade. With HSN Code 28161010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Magnesium Hydroxide.
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HSN Code 28161010 relates to the following description.
Inorganic chemicals, organic or inorganic compounds of precious metals,of rare-earth metals, of radioactive elements or of isotopes
Hydroxide and peroxide of magnesium;oxides, hydroxides and peroxides, of strontium or barium
INORGANIC BASES AND OXIDES,HYDROXIDES AND PEROXIDES OF METALS : Hydroxide and peroxide of magnesium : Hydroxide of magnesium
9%
9%
18%
0%
Description of Goods
INORGANIC BASES AND OXIDES,HYDROXIDES AND PEROXIDES OF METALS : Hydroxide and peroxide of magnesium : Hydroxide of magnesium
Chapter
28 - Inorganic chemicals, organic or inorganic compounds of precious metals,of rare-earth metals, of radioactive elements or of isotopes
Sub Chapter
2816 - Hydroxide and peroxide of magnesium;oxides, hydroxides and peroxides, of strontium or barium
CGST
9%
SGST
9%
IGST
18%
CESS
0%
Magnesium Hydroxide does not include products with the following descriptions.
INORGANIC BASES AND OXIDES,HYDROXIDES AND PEROXIDES OF METALS : Hydroxide and peroxide of magnesium : Peroxide of magnesium
INORGANIC BASES AND OXIDES,HYDROXIDES AND PEROXIDES OF METALS : Oxides, hydroxides and peroxides,of strontium or barium
India’s Exports
FY 2024-25₹46 Cr
0.0012% of India’s total exports
India’s Imports
FY 2024-25₹62 Cr
0.0010% of India’s total imports
Trade Balance
FY 2024-25−₹16 Cr
Surplus rank #9410 of 12657 HSN codes
% of Sub-Chapter 2816
FY 2024-2595.60%
Share of Sub-Chapter 2816’s total exports in FY 2024-25
Import side: 81.63% of Sub-Chapter 2816’s imports
Rank Within Sub-Chapter 2816
FY 2024-25#1 of 3
Position by export value among HSN codes in Sub-Chapter 2816
Import-side rank: #1 of 3
At a glance
19.08%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3745
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+63.02%
Peak Growth Year
FY 2023-24 · strongest single-year move
95.60%
Contribution to Sub-Ch. 2816
Share of Sub-Chapter 2816 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
+2.66
Exports
15.99 ₹ Cr
0.0007% share
— YoY
90.80% of Sub-Ch. 2816
Imports
13.33 ₹ Cr
0.0004% share
— YoY
59.78% of Sub-Ch. 2816
Balance
+0.45
Exports
14.41 ₹ Cr
0.0007% share
−9.88% YoY
90.29% of Sub-Ch. 2816
Imports
13.96 ₹ Cr
0.0004% share
+4.73% YoY
72.71% of Sub-Ch. 2816
Balance
+5.07
Exports
21.00 ₹ Cr
0.0010% share
+45.73% YoY
97.40% of Sub-Ch. 2816
Imports
15.93 ₹ Cr
0.0005% share
+14.11% YoY
67.13% of Sub-Ch. 2816
Balance
+6.70
Exports
27.49 ₹ Cr
0.0009% share
+30.90% YoY
88.02% of Sub-Ch. 2816
Imports
20.79 ₹ Cr
0.0005% share
+30.51% YoY
80.43% of Sub-Ch. 2816
Balance
−6.79
Exports
24.85 ₹ Cr
0.0007% share
−9.60% YoY
89.81% of Sub-Ch. 2816
Imports
31.64 ₹ Cr
0.0006% share
+52.19% YoY
82.65% of Sub-Ch. 2816
Balance
−3.87
Exports
40.51 ₹ Cr
0.0011% share
+63.02% YoY
94.03% of Sub-Ch. 2816
Imports
44.38 ₹ Cr
0.0008% share
+40.27% YoY
81.18% of Sub-Ch. 2816
Balance
−16.09
Exports
45.59 ₹ Cr
0.0012% share
+12.54% YoY
95.60% of Sub-Ch. 2816
Imports
61.68 ₹ Cr
0.0010% share
+38.98% YoY
81.63% of Sub-Ch. 2816
CAGR · 7-Year
Exports
19.08% /yr
Imports
29.09% /yr
India's exports under HSN Code 28161010 have grown at a compound annual rate of 19.08% over 7 fiscal years, rising from ₹15.99 Crore in FY 2018-19 to ₹45.59 Crore in FY 2024-25.
In FY 2024-25, HSN Code 28161010 ranks #3745 out of 12657 HSN codes by total export value. Within Sub-Chapter 2816, it ranks #1 of 3. By trade surplus, it ranks #9410 of 12657.
The strongest single-year export movement for HSN Code 28161010 was recorded in FY 2023-24, when exports surged by 63.02% over the prior year.
In FY 2024-25, India's imports of ₹61.68 Cr exceeded exports of ₹45.59 Cr, resulting in a trade deficit of ₹16.09 Crore — ranking #9410 of 12657 by surplus magnitude.
India's imports under HSN Code 28161010 have grown at 29.09% CAGR, reaching ₹61.68 Crore in FY 2024-25.
Among the 3 HSN codes under Sub-Chapter 2816, HSN Code 28161010 ranks #1 by export value — accounting for 95.60% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 81.63% 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 28161010 and GST compliance.
It includes Magnesium Hydroxide
Under HSN 28161010, Magnesium Hydroxide attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.