HSN Code 28433000: Miscellaneous | Gold Compounds

HSN Code 28433000 represents Miscellaneous | Gold Compounds under GST classification. This code helps businesses identify Miscellaneous | Gold Compounds correctly for billing, taxation, and trade. With HSN Code 28433000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Miscellaneous | Gold Compounds.

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Description of Goods for HSN Code 28433000

HSN Code 28433000 relates to the following description.

Description of Goods

MISCELLANEOUS : Gold compounds

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%

What does HSN Code 28433000 not include?

Miscellaneous | Gold Compounds does not include products with the following descriptions.

HSN Code 28439011

MISCELLANEOUS : Other compounds; amalgams : Other compounds : Sodium aurous thiosulphate

HSN Code 28439012

MISCELLANEOUS : Other compounds; amalgams : Other compounds : Noble metal solutions of platinum, rhodium and palladium

India’s Trade Performance — HSN Code 28433000 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 Crore

+1,260.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹20,523 Cr

+531.42% vs FY 2023-24

0.3378% of India’s total imports

Trade Balance

FY 2024-25

−₹20,522 Cr

Trade Deficit

Surplus rank #12627 of 12657 HSN codes

% of Sub-Chapter 2843

FY 2024-25

0.26%

Share of Sub-Chapter 2843’s total exports in FY 2024-25

Import side: 68.80% of Sub-Chapter 2843’s imports

Rank Within Sub-Chapter 2843

FY 2024-25

#6 of 10

Position by export value among HSN codes in Sub-Chapter 2843

Import-side rank: #1 of 10

At a glance

−58.06%

Export CAGR

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

#8581

National Export Rank

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

+1,260.00%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.26%

Contribution to Sub-Ch. 2843

Share of Sub-Chapter 2843 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 28433000

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 #1771

Balance

−39.21

Exports

124.94 ₹ Cr

0.0055% share

— YoY

23.94% of Sub-Ch. 2843

Imports

164.15 ₹ Cr

0.0046% share

— YoY

8.38% of Sub-Ch. 2843

FY 2019-20 Exp. Rank #785

Balance

−79.00

Exports

400.40 ₹ Cr

0.0182% share

+220.47% YoY

53.07% of Sub-Ch. 2843

Imports

479.40 ₹ Cr

0.0143% share

+192.05% YoY

9.58% of Sub-Ch. 2843

FY 2020-21 Exp. Rank #996

Balance

−210.55

Exports

311.08 ₹ Cr

0.0145% share

−22.31% YoY

69.37% of Sub-Ch. 2843

Imports

521.63 ₹ Cr

0.0179% share

+8.81% YoY

4.92% of Sub-Ch. 2843

FY 2021-22 Exp. Rank #2146

Balance

−136.30

Exports

125.42 ₹ Cr

0.0040% share

−59.68% YoY

65.69% of Sub-Ch. 2843

Imports

261.72 ₹ Cr

0.0057% share

−49.83% YoY

1.93% of Sub-Ch. 2843

FY 2022-23 Exp. Rank #9689

Balance

−823.52

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−99.93% YoY

0.02% of Sub-Ch. 2843

Imports

823.61 ₹ Cr

0.0143% share

+214.69% YoY

5.09% of Sub-Ch. 2843

FY 2023-24 Exp. Rank #10057

Balance

−3,250.21

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−44.44% YoY

0.01% of Sub-Ch. 2843

Imports

3,250.26 ₹ Cr

0.0579% share

+294.64% YoY

25.26% of Sub-Ch. 2843

FY 2024-25 Exp. Rank #8581

Balance

−20,522.25

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+1,260.00% YoY

0.26% of Sub-Ch. 2843

Imports

20,522.93 ₹ Cr

0.3378% share

+531.42% YoY

68.80% of Sub-Ch. 2843

CAGR · 7-Year

Exports

−58.06% /yr

Imports

123.61% /yr

Consistently Deficit
Sub-Chapter 2843 total

reference, FY 2024-25

Export

₹259.55 Cr

Import

₹29,829.96 Cr

Trade Balance

−29,570.41

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

Key Trade Insights: HSN Code 28433000 Export-Import Analysis

Export Decline: −58.06% CAGR Over 7 Years

India's exports under HSN Code 28433000 have declined at a compound annual rate of −58.06% over 7 fiscal years, falling from ₹124.94 Crore in FY 2018-19 to ₹0.68 Crore in FY 2024-25.

HSN Code 28433000 Ranked #8581 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 28433000 ranks #8581 out of 12657 HSN codes by total export value. Within Sub-Chapter 2843, it ranks #6 of 10. By trade surplus, it ranks #12627 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 28433000 Exports

The strongest single-year export movement for HSN Code 28433000 was recorded in FY 2024-25, when exports surged by 1,260.00% over the prior year.

India Records a Trade Deficit of ₹20,522.25 Crore in HSN Code 28433000 Goods

In FY 2024-25, India's imports of ₹20,522.93 Cr exceeded exports of ₹0.68 Cr, resulting in a trade deficit of ₹20,522.25 Crore — ranking #12627 of 12657 by surplus magnitude.

Import Growth of 123.61% CAGR Signals Rising Demand for Miscellaneous | Gold Compounds

India's imports under HSN Code 28433000 have grown at 123.61% CAGR, reaching ₹20,522.93 Crore in FY 2024-25.

HSN Code 28433000 Contributes 0.26% of Sub-Chapter 2843 Exports — Ranked #6

Among the 10 HSN codes under Sub-Chapter 2843, HSN Code 28433000 ranks #6 by export value — accounting for 0.26% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 68.80% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 28433000 and GST compliance.

What products are classified under HSN 28433000 ?

It includes Miscellaneous | Gold Compounds

Any common misclassification issue with Miscellaneous / Gold Compounds?

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

Can we claim ITC on inputs used to trade Miscellaneous / Gold Compounds?

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 Miscellaneous / Gold Compounds?

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 Miscellaneous / Gold Compounds is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Miscellaneous / Gold Compounds; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Miscellaneous / Gold Compounds?

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.

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.