---
title: "HSN Code for Strontium Nitrate | HSN 28342910 GST Rate"
description: "Find HSN and GST Rates for 28342910 related to Strontium Nitrate with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-28342910/"
---

# HSN Code 28342910: Strontium Nitrate

- [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 2834: Nitrites; nitrates](https://busy.in/hsn/sub-chapter-2834/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Nitrates : Other : Strontium nitrate | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 28342910 ?

It includes Strontium Nitrate

### Can we claim ITC on inputs used to trade Strontium Nitrate?

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

### Any common misclassification issue with Strontium Nitrate?

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 Strontium Nitrate?

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 Strontium Nitrate is sold with other items?

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

### How much GST applies to Strontium Nitrate?

Under HSN 28342910, Strontium Nitrate attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 28342910 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹1 Cr (+79.41% YoY) — 0.0000% of India's total exports
- Imports: ₹16 Cr (+11.01% YoY) — 0.0003% of India's total imports
- Trade balance: −₹15 Cr (Deficit); surplus rank #9355 of 12657 HSN codes
- Share of Sub-Chapter 2834: 0.51% of its exports; import side 12.52%
- Rank within Sub-Chapter 2834: #6 of 7 by export value; import-side #4

### Key metrics

- Export CAGR: 122.70% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #8073 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +79.41% in FY 2024-25
- Contribution to Sub-Ch. 2834: 0.51% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 28342910

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. 2834 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2834 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.01% | < ₹1 Crore | 0.0000% | — | 0.02% | −0.01 | #9921 |
| FY 2019-20 | Nil | 0.0000% | −100.00% | 0.00% | < ₹1 Crore | 0.0000% | +1,750.00% | 0.40% | −0.37 | — |
| FY 2020-21 | < ₹1 Crore | 0.0000% | — | 0.04% | 3.60 | 0.0001% | +872.97% | 5.92% | −3.56 | #9622 |
| FY 2021-22 | Nil | 0.0000% | −100.00% | 0.00% | 8.33 | 0.0002% | +131.39% | 8.18% | −8.33 | — |
| FY 2022-23 | 1.17 | 0.0000% | — | 0.40% | 29.80 | 0.0005% | +257.74% | 15.16% | −28.63 | #7966 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | −41.88% | 0.26% | 14.72 | 0.0003% | −50.60% | 13.60% | −14.04 | #8565 |
| FY 2024-25 | 1.22 | 0.0000% | +79.41% | 0.51% | 16.34 | 0.0003% | +11.01% | 12.52% | −15.12 | #8073 |

- CAGR (7-year): exports 122.70%/yr, imports 205.75%/yr (consistently Deficit)

## Key trade insights: HSN Code 28342910 export-import analysis

### Consistent export growth: 122.70% CAGR over 7 years

India's exports under HSN Code 28342910 have grown at a compound annual rate of 122.70% over 7 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹1.22 Crore in FY 2024-25.

### HSN Code 28342910 ranked #8073 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 28342910 ranks #8073 out of 12657 HSN codes by total export value. Within Sub-Chapter 2834, it ranks #6 of 7. By trade surplus, it ranks #9355 of 12657.

### FY 2024-25 was the strongest growth year for HSN Code 28342910 exports

The strongest single-year export movement for HSN Code 28342910 was recorded in FY 2024-25, when exports surged by 79.41% over the prior year.

### India records a trade deficit of ₹15.12 Crore in HSN Code 28342910 goods

In FY 2024-25, India's imports of ₹16.34 Cr exceeded exports of ₹1.22 Cr, resulting in a trade deficit of ₹15.12 Crore — ranking #9355 of 12657 by surplus magnitude.

### Import growth of 205.75% CAGR signals rising demand for Strontium Nitrate

India's imports under HSN Code 28342910 have grown at 205.75% CAGR, reaching ₹16.34 Crore in FY 2024-25.

### HSN Code 28342910 contributes 0.51% of Sub-Chapter 2834 exports — ranked #6

Among the 7 HSN codes under Sub-Chapter 2834, HSN Code 28342910 ranks #6 by export value — accounting for 0.51% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 12.52% share (rank #4).

## Related HSN Codes in Sub-Chapter 2834

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 28341010: Sodium Nitrite](https://busy.in/hsn/hsn-28341010/) | ₹128 Cr |
| #2 | [HSN Code 28342990: Other Nitrates](https://busy.in/hsn/hsn-28342990/) | ₹57 Cr |
| #3 | [HSN Code 28342100: Potassium Nitrates: Salts & Peroxysalts of Inorganic Acids](https://busy.in/hsn/hsn-28342100/) | ₹38 Cr |
| #4 | [HSN Code 28341090: Nitrites – Other](https://busy.in/hsn/hsn-28341090/) | ₹10 Cr |
| #5 | [HSN Code 28342930: Barium Nitrate](https://busy.in/hsn/hsn-28342930/) | ₹1 Cr |
| #6 | HSN Code 28342910: Strontium Nitrate (this hsn code) | ₹1 Cr |
| #7 | [HSN Code 28342920: Magnesium Nitrate](https://busy.in/hsn/hsn-28342920/) | < ₹1 Crore |