---
title: "HSN Code for Potassium Ferrocyanide | HSN 28372030 GST Rate"
description: "Find HSN and GST Rates for 28372030 related to Potassium Ferrocyanide with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-28372030/"
---

# HSN Code 28372030: Potassium Ferrocyanide

- [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 2837: Cyanides, cyanide oxides, complexes](https://busy.in/hsn/sub-chapter-2837/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Complex cyanides : Potassium ferrocyanide | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 28372030 ?

It includes Potassium Ferrocyanide

### Can we claim ITC on inputs used to trade Potassium Ferrocyanide?

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

### Do e‑way bill and e‑invoice apply for Potassium Ferrocyanide?

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.

### Does packaging or labelling change the GST for Potassium Ferrocyanide?

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.

### How much GST applies to Potassium Ferrocyanide?

Under HSN 28372030, Potassium Ferrocyanide attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Any common misclassification issue with Potassium Ferrocyanide?

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

## India's trade performance: HSN Code 28372030 (FY 2024-25)

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

- Exports: < ₹1 Crore (+16.22% YoY) — 0.0000% of India's total exports
- Imports: ₹7 Cr (−20.31% YoY) — 0.0001% of India's total imports
- Trade balance: −₹7 Cr (Deficit); surplus rank #8797 of 12657 HSN codes
- Share of Sub-Chapter 2837: 0.38% of its exports; import side 4.33%
- Rank within Sub-Chapter 2837: #5 of 10 by export value; import-side #6

### Key metrics

- Export CAGR: 6.18% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #8930 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +56.00% in FY 2021-22
- Contribution to Sub-Ch. 2837: 0.38% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 28372030

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. 2837 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2837 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | < ₹1 Crore | 0.0000% | — | 1.30% | 4.09 | 0.0001% | — | 2.36% | −3.79 | #8546 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | −36.67% | 0.44% | 5.37 | 0.0002% | +31.30% | 1.67% | −5.18 | #8871 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | +31.58% | 4.09% | 3.79 | 0.0001% | −29.42% | 1.33% | −3.54 | #8720 |
| FY 2021-22 | < ₹1 Crore | 0.0000% | +56.00% | 3.25% | 3.29 | 0.0001% | −13.19% | 1.45% | −2.90 | #8745 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | −17.95% | 0.66% | 9.82 | 0.0002% | +198.48% | 4.23% | −9.50 | #9015 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | +15.63% | 0.51% | 9.01 | 0.0002% | −8.25% | 4.82% | −8.64 | #9038 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | +16.22% | 0.38% | 7.18 | 0.0001% | −20.31% | 4.33% | −6.75 | #8930 |

- CAGR (7-year): exports 6.18%/yr, imports 9.83%/yr (consistently Deficit)

## Key trade insights: HSN Code 28372030 export-import analysis

### Consistent export growth: 6.18% CAGR over 7 years

India's exports under HSN Code 28372030 have grown at a compound annual rate of 6.18% over 7 fiscal years, rising from ₹0.30 Crore in FY 2018-19 to ₹0.43 Crore in FY 2024-25.

### HSN Code 28372030 ranked #8930 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 28372030 ranks #8930 out of 12657 HSN codes by total export value. Within Sub-Chapter 2837, it ranks #5 of 10. By trade surplus, it ranks #8797 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 28372030 exports

The strongest single-year export movement for HSN Code 28372030 was recorded in FY 2021-22, when exports surged by 56.00% over the prior year.

### India records a trade deficit of ₹6.75 Crore in HSN Code 28372030 goods

In FY 2024-25, India's imports of ₹7.18 Cr exceeded exports of ₹0.43 Cr, resulting in a trade deficit of ₹6.75 Crore — ranking #8797 of 12657 by surplus magnitude.

### Import growth of 9.83% CAGR signals stable import dependency for Potassium Ferrocyanide

India's imports under HSN Code 28372030 have grown at 9.83% CAGR, reaching ₹7.18 Crore in FY 2024-25.

### HSN Code 28372030 contributes 0.38% of Sub-Chapter 2837 exports — ranked #5

Among the 10 HSN codes under Sub-Chapter 2837, HSN Code 28372030 ranks #5 by export value — accounting for 0.38% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.33% share (rank #6).

## Related HSN Codes in Sub-Chapter 2837

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 28371100: Sodium Cyanide](https://busy.in/hsn/hsn-28371100/) | ₹105 Cr |
| #2 | [HSN Code 28372090: Other Complex Cyanides](https://busy.in/hsn/hsn-28372090/) | ₹3 Cr |
| #3 | [HSN Code 28372050: Sodium Nitroprusside](https://busy.in/hsn/hsn-28372050/) | ₹3 Cr |
| #4 | [HSN Code 28372020: Potassium Ferricyanides](https://busy.in/hsn/hsn-28372020/) | ₹2 Cr |
| #5 | HSN Code 28372030: Potassium Ferrocyanide (this hsn code) | < ₹1 Crore |
| #6 | [HSN Code 28371990: Other Cyanides](https://busy.in/hsn/hsn-28371990/) | < ₹1 Crore |
| #7 | [HSN Code 28372040: Sodium Ferrocyanide](https://busy.in/hsn/hsn-28372040/) | < ₹1 Crore |
| #8 | [HSN Code 28372010: Ammonium Sulphocyanide](https://busy.in/hsn/hsn-28372010/) | < ₹1 Crore |
| — | [HSN Code 28371910: Potassium Cyanide](https://busy.in/hsn/hsn-28371910/) | Nil |
| — | [HSN Code 28371920: Potassium Sodium Cyanide](https://busy.in/hsn/hsn-28371920/) | — |