HSN Code 28319020: Sulphoxylates: Salts & Peroxysalts of Inorganic Acids & Metals

HSN Code 28319020 represents Sulphoxylates: Salts & Peroxysalts of Inorganic Acids & Metals under GST classification. This code helps businesses identify Sulphoxylates: Salts & Peroxysalts of Inorganic Acids & Metals correctly for billing, taxation, and trade. With HSN Code 28319020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Sulphoxylates: Salts & Peroxysalts of Inorganic Acids & Metals.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 28319020

HSN Code 28319020 relates to the following description.

Description of Goods

SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Other : Sulphoxylates

Chapter

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

Sub Chapter

2831 - Dithionites and sulphoxylates

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 28319020 not include?

Sulphoxylates: Salts & Peroxysalts of Inorganic Acids & Metals does not include products with the following descriptions.

SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Of sodium : Sodium dithionites (sodium hydrosulphite)

SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Of sodium : Sodium sulphoxylates (including sodium formaldehyde sulphoxylate)

India’s Trade Performance — HSN Code 28319020 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

₹36 Cr

+15.11% vs FY 2023-24

0.0010% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+1,400.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹36 Cr

Trade Surplus

Surplus rank #2402 of 12657 HSN codes

% of Sub-Chapter 2831

FY 2024-25

10.18%

Share of Sub-Chapter 2831’s total exports in FY 2024-25

Import side: 10.87% of Sub-Chapter 2831’s imports

Rank Within Sub-Chapter 2831

FY 2024-25

#3 of 4

Position by export value among HSN codes in Sub-Chapter 2831

Import-side rank: #3 of 4

At a glance

2.06%

Export CAGR

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

#4065

National Export Rank

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

+15.68%

Peak Growth Year

FY 2021-22 · strongest single-year move

10.18%

Contribution to Sub-Ch. 2831

Share of Sub-Chapter 2831 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 28319020

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 #3492

Balance

+31.94

Exports

31.96 ₹ Cr

0.0014% share

YoY

10.14% of Sub-Ch. 2831

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.05% of Sub-Ch. 2831

FY 2019-20 Exp. Rank #3358

Balance

+35.58

Exports

35.62 ₹ Cr

0.0016% share

+11.45% YoY

12.28% of Sub-Ch. 2831

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+100.00% YoY

0.09% of Sub-Ch. 2831

FY 2020-21 Exp. Rank #3423

Balance

+35.56

Exports

35.58 ₹ Cr

0.0017% share

−0.11% YoY

14.81% of Sub-Ch. 2831

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−50.00% YoY

0.06% of Sub-Ch. 2831

FY 2021-22 Exp. Rank #3637

Balance

+41.11

Exports

41.16 ₹ Cr

0.0013% share

+15.68% YoY

10.29% of Sub-Ch. 2831

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+150.00% YoY

0.25% of Sub-Ch. 2831

FY 2022-23 Exp. Rank #3960

Balance

+34.54

Exports

34.60 ₹ Cr

0.0010% share

−15.94% YoY

8.90% of Sub-Ch. 2831

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+20.00% YoY

0.23% of Sub-Ch. 2831

FY 2023-24 Exp. Rank #4177

Balance

+31.34

Exports

31.37 ₹ Cr

0.0009% share

−9.34% YoY

9.71% of Sub-Ch. 2831

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−50.00% YoY

0.28% of Sub-Ch. 2831

FY 2024-25 Exp. Rank #4065

Balance

+35.66

Exports

36.11 ₹ Cr

0.0010% share

+15.11% YoY

10.18% of Sub-Ch. 2831

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+1,400.00% YoY

10.87% of Sub-Ch. 2831

CAGR · 7-Year

Exports

2.06% /yr

Imports

68.02% /yr

Consistently Surplus
Sub-Chapter 2831 total

reference, FY 2024-25

Export

₹354.70 Cr

Import

₹4.14 Cr

Trade Balance

+350.56

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

Key Trade Insights: HSN Code 28319020 Export-Import Analysis

Consistent Export Growth: 2.06% CAGR Over 7 Years

India's exports under HSN Code 28319020 have grown at a compound annual rate of 2.06% over 7 fiscal years, rising from ₹31.96 Crore in FY 2018-19 to ₹36.11 Crore in FY 2024-25.

HSN Code 28319020 Ranked #4065 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 28319020 ranks #4065 out of 12657 HSN codes by total export value. Within Sub-Chapter 2831, it ranks #3 of 4. By trade surplus, it ranks #2402 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 28319020 Exports

The strongest single-year export movement for HSN Code 28319020 was recorded in FY 2021-22, when exports surged by 15.68% over the prior year.

India Maintains a Trade Surplus of ₹35.66 Crore in HSN Code 28319020 Goods

In FY 2024-25, India's exports of ₹36.11 Cr exceeded imports of ₹0.45 Cr, resulting in a trade surplus of ₹35.66 Crore — ranking #2402 of 12657 by surplus magnitude.

Import Growth of 68.02% CAGR Signals Rising Demand for Sulphoxylates: Salts & Peroxysalts of Inorganic Acids & Metals

India's imports under HSN Code 28319020 have grown at 68.02% CAGR, reaching ₹0.45 Crore in FY 2024-25.

HSN Code 28319020 Contributes 10.18% of Sub-Chapter 2831 Exports — Ranked #3

Among the 4 HSN codes under Sub-Chapter 2831, HSN Code 28319020 ranks #3 by export value — accounting for 10.18% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 10.87% share (rank #3).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 28319020 and GST compliance.

What products are classified under HSN 28319020 ?

It includes Sulphoxylates: Salts & Peroxysalts of Inorganic Acids & Metals

Does packaging or labelling change the GST for Sulphoxylates: Salts & Peroxysalts of Inorganic Acids & Metals?

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.

Any common misclassification issue with Sulphoxylates: Salts & Peroxysalts of Inorganic Acids & Metals?

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

How much GST applies to Sulphoxylates: Salts & Peroxysalts of Inorganic Acids & Metals?

Under HSN 28319020, Sulphoxylates: Salts & Peroxysalts of Inorganic Acids & Metals attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Sulphoxylates: Salts & Peroxysalts of Inorganic Acids & Metals?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

How should mixed supplies be billed when Sulphoxylates: Salts & Peroxysalts of Inorganic Acids & Metals is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Sulphoxylates: Salts & Peroxysalts of Inorganic Acids & Metals; Nil for exempt items if applicable).

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.