HSN Code 28431010 represents Colloidal Gold under GST classification. This code helps businesses identify Colloidal Gold correctly for billing, taxation, and trade. With HSN Code 28431010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Colloidal Gold.
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HSN Code 28431010 relates to the following description.
Inorganic chemicals, organic or inorganic compounds of precious metals,of rare-earth metals, of radioactive elements or of isotopes
Colloidal precious metals; inorganic or organic compounds of precious metals,whether or not chemically defined; amalgams of precious metals
MISCELLANEOUS : Colloidal precious metals : Of gold
9%
9%
18%
0%
Description of Goods
MISCELLANEOUS : Colloidal precious metals : Of gold
Chapter
28 - Inorganic chemicals, organic or inorganic compounds of precious metals,of rare-earth metals, of radioactive elements or of isotopes
Sub Chapter
2843 - Colloidal precious metals; inorganic or organic compounds of precious metals,whether or not chemically defined; amalgams of precious metals
CGST
9%
SGST
9%
IGST
18%
CESS
0%
Colloidal Gold does not include products with the following descriptions.
MISCELLANEOUS : Colloidal precious metals : Of silver
MISCELLANEOUS : Colloidal precious metals : Other
MISCELLANEOUS : Silver compounds : Silver nitrate
MISCELLANEOUS : Silver compounds : Other
MISCELLANEOUS : Gold compounds
MISCELLANEOUS : Other compounds; amalgams : Other compounds : Sodium aurous thiosulphate
MISCELLANEOUS : Other compounds; amalgams : Other compounds : Noble metal solutions of platinum, rhodium and palladium
MISCELLANEOUS : Other compounds; amalgams : Other compounds : Other
MISCELLANEOUS : Other compounds; amalgams : Amalgams
MISCELLANEOUS : Colloidal precious metals : Of silver
MISCELLANEOUS : Colloidal precious metals : Other
MISCELLANEOUS : Silver compounds : Silver nitrate
MISCELLANEOUS : Silver compounds : Other
MISCELLANEOUS : Gold compounds
MISCELLANEOUS : Other compounds; amalgams : Other compounds : Sodium aurous thiosulphate
MISCELLANEOUS : Other compounds; amalgams : Other compounds : Noble metal solutions of platinum, rhodium and palladium
MISCELLANEOUS : Other compounds; amalgams : Other compounds : Other
MISCELLANEOUS : Other compounds; amalgams : Amalgams
India’s Exports
FY 2024-25Nil
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹61 Cr
0.0010% of India’s total imports
Trade Balance
FY 2024-25−₹61 Cr
Surplus rank #10391 of 12657 HSN codes
% of Sub-Chapter 2843
FY 2024-250.00%
Share of Sub-Chapter 2843’s total exports in FY 2024-25
Import side: 0.20% of Sub-Chapter 2843’s imports
At a glance
+100.00%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.00%
Contribution to Sub-Ch. 2843
Share of Sub-Chapter 2843 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
−10.73
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2843
Imports
10.73 ₹ Cr
0.0003% share
— YoY
0.55% of Sub-Ch. 2843
Balance
−3.85
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.01% of Sub-Ch. 2843
Imports
3.92 ₹ Cr
0.0001% share
−63.47% YoY
0.08% of Sub-Ch. 2843
Balance
−21.26
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 2843
Imports
21.26 ₹ Cr
0.0007% share
+442.35% YoY
0.20% of Sub-Ch. 2843
Balance
−28.57
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2843
Imports
28.57 ₹ Cr
0.0006% share
+34.38% YoY
0.21% of Sub-Ch. 2843
Balance
−26.54
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2843
Imports
26.55 ₹ Cr
0.0005% share
−7.07% YoY
0.16% of Sub-Ch. 2843
Balance
−37.45
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+100.00% YoY
0.00% of Sub-Ch. 2843
Imports
37.47 ₹ Cr
0.0007% share
+41.13% YoY
0.29% of Sub-Ch. 2843
Balance
−60.66
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 2843
Imports
60.66 ₹ Cr
0.0010% share
+61.89% YoY
0.20% of Sub-Ch. 2843
CAGR · 7-Year
Exports
—
Imports
33.47% /yr
reference, FY 2024-25
Export
₹259.55 Cr
Import
₹29,829.96 Cr
Trade Balance
−29,570.41
India exported ₹0.00 Crore worth of Colloidal Gold in FY 2024-25. Multi-year trend data is being compiled for this hsn code.
The strongest single-year export movement for HSN Code 28431010 was recorded in FY 2023-24, when exports surged by 100.00% over the prior year.
In FY 2024-25, India's imports of ₹60.66 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹60.66 Crore — ranking #10391 of 12657 by surplus magnitude.
India's imports under HSN Code 28431010 have grown at 33.47% CAGR, reaching ₹60.66 Crore in FY 2024-25.
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 28431010 and GST compliance.
It includes Colloidal Gold
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 28431010, Colloidal Gold attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Colloidal Gold; Nil for exempt items if applicable).
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.