HSN Code 28342930 represents Barium Nitrate under GST classification. This code helps businesses identify Barium Nitrate correctly for billing, taxation, and trade. With HSN Code 28342930, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Barium Nitrate.
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HSN Code 28342930 relates to the following description.
Description of Goods
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Nitrates : Other : Barium 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%
Barium 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 : Nitrites : Other
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Nitrates : Of potassium
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Nitrates : Other : Strontium nitrate
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Nitrates : Other : Magnesium nitrate
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Nitrates : Other : Other
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Nitrites : Sodium nitrite
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Nitrites : Other
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Nitrates : Of potassium
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Nitrates : Other : Strontium nitrate
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Nitrates : Other : Magnesium nitrate
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Nitrates : Other : Other
India’s Exports
FY 2024-25₹1 Cr
0.0000% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25< ₹1 Crore
Surplus rank #4552 of 12657 HSN codes
% of Sub-Chapter 2834
FY 2024-250.60%
Share of Sub-Chapter 2834’s total exports in FY 2024-25
Import side: 0.38% of Sub-Chapter 2834’s imports
Rank Within Sub-Chapter 2834
FY 2024-25#5 of 7
Position by export value among HSN codes in Sub-Chapter 2834
Import-side rank: #7 of 7
At a glance
31.23%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#7908
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+300.00%
Peak Growth Year
FY 2019-20 · strongest single-year move
0.60%
Contribution to Sub-Ch. 2834
Share of Sub-Chapter 2834 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−2.80
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.25% of Sub-Ch. 2834
Imports
3.08 ₹ Cr
0.0001% share
— YoY
3.06% of Sub-Ch. 2834
Balance
−2.78
Exports
1.12 ₹ Cr
0.0001% share
+300.00% YoY
0.95% of Sub-Ch. 2834
Imports
3.90 ₹ Cr
0.0001% share
+26.62% YoY
4.25% of Sub-Ch. 2834
Balance
+1.68
Exports
1.71 ₹ Cr
0.0001% share
+52.68% YoY
1.50% of Sub-Ch. 2834
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−99.23% YoY
0.05% of Sub-Ch. 2834
Balance
+2.89
Exports
3.11 ₹ Cr
0.0001% share
+81.87% YoY
1.98% of Sub-Ch. 2834
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+633.33% YoY
0.22% of Sub-Ch. 2834
Balance
+4.16
Exports
4.69 ₹ Cr
0.0001% share
+50.80% YoY
1.61% of Sub-Ch. 2834
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+140.91% YoY
0.27% of Sub-Ch. 2834
Balance
+5.08
Exports
5.21 ₹ Cr
0.0001% share
+11.09% YoY
2.00% of Sub-Ch. 2834
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−75.47% YoY
0.12% of Sub-Ch. 2834
Balance
+0.94
Exports
1.43 ₹ Cr
0.0000% share
−72.55% YoY
0.60% of Sub-Ch. 2834
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+276.92% YoY
0.38% of Sub-Ch. 2834
CAGR · 7-Year
Exports
31.23% /yr
Imports
−26.39% /yr
reference, FY 2024-25
Export
₹237.21 Cr
Import
₹130.53 Cr
Trade Balance
+106.68
India's exports under HSN Code 28342930 have grown at a compound annual rate of 31.23% over 7 fiscal years, rising from ₹0.28 Crore in FY 2018-19 to ₹1.43 Crore in FY 2024-25.
In FY 2024-25, HSN Code 28342930 ranks #7908 out of 12657 HSN codes by total export value. Within Sub-Chapter 2834, it ranks #5 of 7. By trade surplus, it ranks #4552 of 12657.
The strongest single-year export movement for HSN Code 28342930 was recorded in FY 2019-20, when exports surged by 300.00% over the prior year.
In FY 2024-25, India's exports of ₹1.43 Cr exceeded imports of ₹0.49 Cr, resulting in a trade surplus of ₹0.94 Crore — ranking #4552 of 12657 by surplus magnitude.
India's imports under HSN Code 28342930 have grown at −26.39% CAGR, reaching ₹0.49 Crore in FY 2024-25.
Among the 7 HSN codes under Sub-Chapter 2834, HSN Code 28342930 ranks #5 by export value — accounting for 0.60% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.38% share (rank #7).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 28342930 and GST compliance.
It includes Barium Nitrate
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Under HSN 28342930, Barium Nitrate attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Barium Nitrate; Nil for exempt items if applicable).
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
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.