--- title: "HSN Code for Salts & Peroxysalts: Perchlorates | HSN 28299010 GST Rate" description: "Find HSN and GST Rates for 28299010 related to Salts & Peroxysalts: Perchlorates with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-28299010/" --- # HSN Code 28299010: Salts & Peroxysalts: Perchlorates - [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 2829: Chlorates and bromates](https://busy.in/hsn/sub-chapter-2829/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Other : Perchlorates | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 28299010 ? It includes Salts & Peroxysalts: Perchlorates ### Any common misclassification issue with Salts & Peroxysalts: Perchlorates? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Salts & Peroxysalts: Perchlorates? 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. ### How should mixed supplies be billed when Salts & Peroxysalts: Perchlorates is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Salts & Peroxysalts: Perchlorates; Nil for exempt items if applicable). ### How much GST applies to Salts & Peroxysalts: Perchlorates? Under HSN 28299010, Salts & Peroxysalts: Perchlorates attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Salts & Peroxysalts: Perchlorates? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 28299010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹57 Cr (+14.13% YoY) — 0.0016% of India's total exports - Imports: ₹4 Cr (+13.59% YoY) — 0.0001% of India's total imports - Trade balance: ₹54 Cr (Surplus); surplus rank #2090 of 12657 HSN codes - Share of Sub-Chapter 2829: 9.42% of its exports; import side 2.16% - Rank within Sub-Chapter 2829: #2 of 8 by export value; import-side #2 ### Key metrics - Export CAGR: 8.84% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3438 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +120.45% in FY 2023-24 - Contribution to Sub-Ch. 2829: 9.42% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 28299010 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. 2829 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2829 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 34.50 | 0.0015% | — | 14.65% | 2.41 | 0.0001% | — | 3.47% | +32.09 | #3400 | | FY 2019-20 | 48.39 | 0.0022% | +40.26% | 18.41% | 3.81 | 0.0001% | +58.09% | 3.16% | +44.58 | #2914 | | FY 2020-21 | 41.23 | 0.0019% | −14.80% | 16.02% | 3.86 | 0.0001% | +1.31% | 5.71% | +37.37 | #3213 | | FY 2021-22 | 11.84 | 0.0004% | −71.28% | 4.41% | 4.57 | 0.0001% | +18.39% | 6.19% | +7.27 | #5265 | | FY 2022-23 | 22.79 | 0.0006% | +92.48% | 5.52% | 4.19 | 0.0001% | −8.32% | 2.75% | +18.60 | #4528 | | FY 2023-24 | 50.24 | 0.0014% | +120.45% | 10.48% | 3.09 | 0.0001% | −26.25% | 1.78% | +47.15 | #3520 | | FY 2024-25 | 57.34 | 0.0016% | +14.13% | 9.42% | 3.51 | 0.0001% | +13.59% | 2.16% | +53.83 | #3438 | - CAGR (7-year): exports 8.84%/yr, imports 6.47%/yr (consistently Surplus) ## Key trade insights: HSN Code 28299010 export-import analysis ### Consistent export growth: 8.84% CAGR over 7 years India's exports under HSN Code 28299010 have grown at a compound annual rate of 8.84% over 7 fiscal years, rising from ₹34.50 Crore in FY 2018-19 to ₹57.34 Crore in FY 2024-25. ### HSN Code 28299010 ranked #3438 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 28299010 ranks #3438 out of 12657 HSN codes by total export value. Within Sub-Chapter 2829, it ranks #2 of 8. By trade surplus, it ranks #2090 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 28299010 exports The strongest single-year export movement for HSN Code 28299010 was recorded in FY 2023-24, when exports surged by 120.45% over the prior year. ### India maintains a trade surplus of ₹53.83 Crore in HSN Code 28299010 goods In FY 2024-25, India's exports of ₹57.34 Cr exceeded imports of ₹3.51 Cr, resulting in a trade surplus of ₹53.83 Crore — ranking #2090 of 12657 by surplus magnitude. ### Import growth of 6.47% CAGR signals stable import dependency for Salts & Peroxysalts: Perchlorates India's imports under HSN Code 28299010 have grown at 6.47% CAGR, reaching ₹3.51 Crore in FY 2024-25. ### HSN Code 28299010 contributes 9.42% of Sub-Chapter 2829 exports — ranked #2 Among the 8 HSN codes under Sub-Chapter 2829, HSN Code 28299010 ranks #2 by export value — accounting for 9.42% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.16% share (rank #2). ## Related HSN Codes in Sub-Chapter 2829 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 28299030: Iodates and Periodates](https://busy.in/hsn/hsn-28299030/) | ₹504 Cr | | #2 | HSN Code 28299010: Salts & Peroxysalts: Perchlorates (this hsn code) | ₹57 Cr | | #3 | [HSN Code 28291920: Potassium Chlorate](https://busy.in/hsn/hsn-28291920/) | ₹33 Cr | | #4 | [HSN Code 28299020: Bromates and Perbromates](https://busy.in/hsn/hsn-28299020/) | ₹14 Cr | | #5 | [HSN Code 28291990: Other Chlorates](https://busy.in/hsn/hsn-28291990/) | < ₹1 Crore | | #6 | [HSN Code 28291100: Sodium Chlorate](https://busy.in/hsn/hsn-28291100/) | < ₹1 Crore | | — | [HSN Code 28291910: Barium Chlorate](https://busy.in/hsn/hsn-28291910/) | Nil | | — | [HSN Code 28291930: Magnesium Chlorate](https://busy.in/hsn/hsn-28291930/) | Nil |