HSN Code 28241010: Lead Monoxide (Litharge, Massicot)

HSN Code 28241010 represents Lead Monoxide (Litharge, Massicot) under GST classification. This code helps businesses identify Lead Monoxide (Litharge, Massicot) correctly for billing, taxation, and trade. With HSN Code 28241010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Lead Monoxide (Litharge, Massicot).

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Description of Goods for HSN Code 28241010

HSN Code 28241010 relates to the following description.

Description of Goods

INORGANIC BASES AND OXIDES,HYDROXIDES AND PEROXIDES OF METALS : Lead monoxide (litharge, massicot) : Litharge

Chapter

28 - Inorganic chemicals, organic or inorganic compounds of precious metals,of rare-earth metals, of radioactive elements or of isotopes

Sub Chapter

2824 - Lead oxides; red lead and orange lead

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 28241010 not include?

Lead Monoxide (Litharge, Massicot) does not include products with the following descriptions.

INORGANIC BASES AND OXIDES,HYDROXIDES AND PEROXIDES OF METALS : Lead monoxide (litharge, massicot) : Massicot

India’s Trade Performance — HSN Code 28241010 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹41 Cr

−30.49% vs FY 2023-24

0.0011% of India’s total exports

India’s Imports

FY 2024-25

₹1 Cr

+158.54% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹40 Cr

Trade Surplus

Surplus rank #2324 of 12657 HSN codes

% of Sub-Chapter 2824

FY 2024-25

31.81%

Share of Sub-Chapter 2824’s total exports in FY 2024-25

Import side: 2.94% of Sub-Chapter 2824’s imports

Rank Within Sub-Chapter 2824

FY 2024-25

#2 of 4

Position by export value among HSN codes in Sub-Chapter 2824

Import-side rank: #2 of 4

At a glance

0.40%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#3900

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+332.03%

Peak Growth Year

FY 2021-22 · strongest single-year move

31.81%

Contribution to Sub-Ch. 2824

Share of Sub-Chapter 2824 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 28241010

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #3191

Balance

+38.37

Exports

40.01 ₹ Cr

0.0018% share

YoY

54.59% of Sub-Ch. 2824

Imports

1.64 ₹ Cr

0.0000% share

YoY

38.86% of Sub-Ch. 2824

FY 2019-20 Exp. Rank #3378

Balance

+31.38

Exports

35.17 ₹ Cr

0.0016% share

−12.10% YoY

42.85% of Sub-Ch. 2824

Imports

3.79 ₹ Cr

0.0001% share

+131.10% YoY

30.71% of Sub-Ch. 2824

FY 2020-21 Exp. Rank #5302

Balance

+8.18

Exports

8.46 ₹ Cr

0.0004% share

−75.95% YoY

12.77% of Sub-Ch. 2824

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−92.61% YoY

1.41% of Sub-Ch. 2824

FY 2021-22 Exp. Rank #3797

Balance

+35.55

Exports

36.55 ₹ Cr

0.0012% share

+332.03% YoY

33.05% of Sub-Ch. 2824

Imports

1.00 ₹ Cr

0.0000% share

+257.14% YoY

7.15% of Sub-Ch. 2824

FY 2022-23 Exp. Rank #3602

Balance

+45.43

Exports

45.89 ₹ Cr

0.0013% share

+25.55% YoY

38.11% of Sub-Ch. 2824

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−54.00% YoY

15.86% of Sub-Ch. 2824

FY 2023-24 Exp. Rank #3303

Balance

+58.53

Exports

58.94 ₹ Cr

0.0016% share

+28.44% YoY

40.40% of Sub-Ch. 2824

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−10.87% YoY

15.83% of Sub-Ch. 2824

FY 2024-25 Exp. Rank #3900

Balance

+39.91

Exports

40.97 ₹ Cr

0.0011% share

−30.49% YoY

31.81% of Sub-Ch. 2824

Imports

1.06 ₹ Cr

0.0000% share

+158.54% YoY

2.94% of Sub-Ch. 2824

CAGR · 7-Year

Exports

0.40% /yr

Imports

−7.02% /yr

Consistently Surplus
Sub-Chapter 2824 total

reference, FY 2024-25

Export

₹128.80 Cr

Import

₹36.11 Cr

Trade Balance

+92.69

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 28241010 Export-Import Analysis

Consistent Export Growth: 0.40% CAGR Over 7 Years

India's exports under HSN Code 28241010 have grown at a compound annual rate of 0.40% over 7 fiscal years, rising from ₹40.01 Crore in FY 2018-19 to ₹40.97 Crore in FY 2024-25.

HSN Code 28241010 Ranked #3900 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 28241010 ranks #3900 out of 12657 HSN codes by total export value. Within Sub-Chapter 2824, it ranks #2 of 4. By trade surplus, it ranks #2324 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 28241010 Exports

The strongest single-year export movement for HSN Code 28241010 was recorded in FY 2021-22, when exports surged by 332.03% over the prior year.

India Maintains a Trade Surplus of ₹39.91 Crore in HSN Code 28241010 Goods

In FY 2024-25, India's exports of ₹40.97 Cr exceeded imports of ₹1.06 Cr, resulting in a trade surplus of ₹39.91 Crore — ranking #2324 of 12657 by surplus magnitude.

Import Growth of −7.02% CAGR Signals Stable Import Dependency for Lead Monoxide (Litharge, Massicot)

India's imports under HSN Code 28241010 have grown at −7.02% CAGR, reaching ₹1.06 Crore in FY 2024-25.

HSN Code 28241010 Contributes 31.81% of Sub-Chapter 2824 Exports — Ranked #2

Among the 4 HSN codes under Sub-Chapter 2824, HSN Code 28241010 ranks #2 by export value — accounting for 31.81% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.94% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 28241010 and GST compliance.

What products are classified under HSN 28241010 ?

It includes Lead Monoxide (Litharge, Massicot)

Any common misclassification issue with Lead Monoxide (Litharge, Massicot)?

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 Lead Monoxide (Litharge, Massicot)?

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 Lead Monoxide (Litharge, Massicot) is sold with other items?

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

How much GST applies to Lead Monoxide (Litharge, Massicot)?

Under HSN 28241010, Lead Monoxide (Litharge, Massicot) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Lead Monoxide (Litharge, Massicot)?

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.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.