HSN Code 28402090 represents Other Borates under GST classification. This code helps businesses identify Other Borates correctly for billing, taxation, and trade. With HSN Code 28402090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Borates.
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HSN Code 28402090 relates to the following description.
Description of Goods
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Other borates : Other
Chapter
28 - Inorganic chemicals, organic or inorganic compounds of precious metals,of rare-earth metals, of radioactive elements or of isotopes
Sub Chapter
2840 - Borates; peroxoborates (perborates)
CGST
9%
SGST
9%
IGST
18%
CESS
0%
Other Borates does not include products with the following descriptions.
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Disodium tetraborate (refined borax) : Anhydrous
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Disodium tetraborate (refined borax) : Other
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Other borates : Magnesium borate
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Peroxoborates (perborates)
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Disodium tetraborate (refined borax) : Anhydrous
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Disodium tetraborate (refined borax) : Other
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Other borates : Magnesium borate
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Peroxoborates (perborates)
India’s Exports
FY 2024-25₹50 Cr
0.0014% of India’s total exports
India’s Imports
FY 2024-25₹133 Cr
0.0022% of India’s total imports
Trade Balance
FY 2024-25−₹83 Cr
Surplus rank #10649 of 12657 HSN codes
% of Sub-Chapter 2840
FY 2024-2573.23%
Share of Sub-Chapter 2840’s total exports in FY 2024-25
Import side: 14.38% of Sub-Chapter 2840’s imports
Rank Within Sub-Chapter 2840
FY 2024-25#1 of 5
Position by export value among HSN codes in Sub-Chapter 2840
Import-side rank: #2 of 5
At a glance
21.39%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3624
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+79.08%
Peak Growth Year
FY 2019-20 · strongest single-year move
73.23%
Contribution to Sub-Ch. 2840
Share of Sub-Chapter 2840 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
−33.92
Exports
15.73 ₹ Cr
0.0007% share
— YoY
66.60% of Sub-Ch. 2840
Imports
49.65 ₹ Cr
0.0014% share
— YoY
13.49% of Sub-Ch. 2840
Balance
−33.63
Exports
28.17 ₹ Cr
0.0013% share
+79.08% YoY
79.78% of Sub-Ch. 2840
Imports
61.80 ₹ Cr
0.0018% share
+24.47% YoY
17.72% of Sub-Ch. 2840
Balance
−25.50
Exports
33.09 ₹ Cr
0.0015% share
+17.47% YoY
80.90% of Sub-Ch. 2840
Imports
58.59 ₹ Cr
0.0020% share
−5.19% YoY
13.87% of Sub-Ch. 2840
Balance
−24.05
Exports
52.97 ₹ Cr
0.0017% share
+60.08% YoY
81.12% of Sub-Ch. 2840
Imports
77.02 ₹ Cr
0.0017% share
+31.46% YoY
15.21% of Sub-Ch. 2840
Balance
−43.26
Exports
70.14 ₹ Cr
0.0019% share
+32.41% YoY
86.39% of Sub-Ch. 2840
Imports
113.40 ₹ Cr
0.0020% share
+47.23% YoY
15.60% of Sub-Ch. 2840
Balance
−53.62
Exports
51.30 ₹ Cr
0.0014% share
−26.86% YoY
82.38% of Sub-Ch. 2840
Imports
104.92 ₹ Cr
0.0019% share
−7.48% YoY
14.68% of Sub-Ch. 2840
Balance
−82.89
Exports
50.34 ₹ Cr
0.0014% share
−1.87% YoY
73.23% of Sub-Ch. 2840
Imports
133.23 ₹ Cr
0.0022% share
+26.98% YoY
14.38% of Sub-Ch. 2840
CAGR · 7-Year
Exports
21.39% /yr
Imports
17.88% /yr
reference, FY 2024-25
Export
₹68.74 Cr
Import
₹926.62 Cr
Trade Balance
−857.88
India's exports under HSN Code 28402090 have grown at a compound annual rate of 21.39% over 7 fiscal years, rising from ₹15.73 Crore in FY 2018-19 to ₹50.34 Crore in FY 2024-25.
In FY 2024-25, HSN Code 28402090 ranks #3624 out of 12657 HSN codes by total export value. Within Sub-Chapter 2840, it ranks #1 of 5. By trade surplus, it ranks #10649 of 12657.
The strongest single-year export movement for HSN Code 28402090 was recorded in FY 2019-20, when exports surged by 79.08% over the prior year.
In FY 2024-25, India's imports of ₹133.23 Cr exceeded exports of ₹50.34 Cr, resulting in a trade deficit of ₹82.89 Crore — ranking #10649 of 12657 by surplus magnitude.
India's imports under HSN Code 28402090 have grown at 17.88% CAGR, reaching ₹133.23 Crore in FY 2024-25.
Among the 5 HSN codes under Sub-Chapter 2840, HSN Code 28402090 ranks #1 by export value — accounting for 73.23% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 14.38% share (rank #2).
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 28402090 and GST compliance.
It includes Other Borates
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Under HSN 28402090, Other Borates attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Borates; Nil for exempt items if applicable).
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.