HSN Code 28342910: Strontium Nitrate

HSN Code 28342910 represents Strontium Nitrate under GST classification. This code helps businesses identify Strontium Nitrate correctly for billing, taxation, and trade. With HSN Code 28342910, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Strontium Nitrate.

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Description of Goods for HSN Code 28342910

HSN Code 28342910 relates to the following description.

Description of Goods

SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Nitrates : Other : Strontium nitrate

Chapter

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

Sub Chapter

2834 - Nitrites; nitrates

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 28342910 not include?

Strontium Nitrate does not include products with the following descriptions.

SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Nitrites : Sodium nitrite

SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Nitrates : Of potassium

SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Nitrates : Other : Magnesium nitrate

SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Nitrates : Other : Barium nitrate

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

India’s Trade Performance — HSN Code 28342910 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

₹1 Cr

+79.41% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹16 Cr

+11.01% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

−₹15 Cr

Trade Deficit

Surplus rank #9355 of 12657 HSN codes

% of Sub-Chapter 2834

FY 2024-25

0.51%

Share of Sub-Chapter 2834’s total exports in FY 2024-25

Import side: 12.52% of Sub-Chapter 2834’s imports

Rank Within Sub-Chapter 2834

FY 2024-25

#6 of 7

Position by export value among HSN codes in Sub-Chapter 2834

Import-side rank: #4 of 7

At a glance

122.70%

Export CAGR

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

#8073

National Export Rank

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

+79.41%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.51%

Contribution to Sub-Ch. 2834

Share of Sub-Chapter 2834 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #9921

Balance

−0.01

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 2834

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.02% of Sub-Ch. 2834

FY 2019-20

Balance

−0.37

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2834

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+1,750.00% YoY

0.40% of Sub-Ch. 2834

FY 2020-21 Exp. Rank #9622

Balance

−3.56

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.04% of Sub-Ch. 2834

Imports

3.60 ₹ Cr

0.0001% share

+872.97% YoY

5.92% of Sub-Ch. 2834

FY 2021-22

Balance

−8.33

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2834

Imports

8.33 ₹ Cr

0.0002% share

+131.39% YoY

8.18% of Sub-Ch. 2834

FY 2022-23 Exp. Rank #7966

Balance

−28.63

Exports

1.17 ₹ Cr

0.0000% share

YoY

0.40% of Sub-Ch. 2834

Imports

29.80 ₹ Cr

0.0005% share

+257.74% YoY

15.16% of Sub-Ch. 2834

FY 2023-24 Exp. Rank #8565

Balance

−14.04

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−41.88% YoY

0.26% of Sub-Ch. 2834

Imports

14.72 ₹ Cr

0.0003% share

−50.60% YoY

13.60% of Sub-Ch. 2834

FY 2024-25 Exp. Rank #8073

Balance

−15.12

Exports

1.22 ₹ Cr

0.0000% share

+79.41% YoY

0.51% of Sub-Ch. 2834

Imports

16.34 ₹ Cr

0.0003% share

+11.01% YoY

12.52% of Sub-Ch. 2834

CAGR · 7-Year

Exports

122.70% /yr

Imports

205.75% /yr

Consistently Deficit
Sub-Chapter 2834 total

reference, FY 2024-25

Export

₹237.21 Cr

Import

₹130.53 Cr

Trade Balance

+106.68

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 28342910 and GST compliance.

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.

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.