HSN Code 28439020: Amalgams

HSN Code 28439020 represents Amalgams under GST classification. This code helps businesses identify Amalgams correctly for billing, taxation, and trade. With HSN Code 28439020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Amalgams.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 28439020

HSN Code 28439020 relates to the following description.

Description of Goods

MISCELLANEOUS : Other compounds; amalgams : Amalgams

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 28439020 not include?

Amalgams does not include products with the following descriptions.

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

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

India’s Trade Performance — HSN Code 28439020 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

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹4 Cr

−34.43% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹4 Cr

Trade Deficit

Surplus rank #8495 of 12657 HSN codes

% of Sub-Chapter 2843

FY 2024-25

0.00%

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

Import side: 0.01% of Sub-Chapter 2843’s imports

At a glance

−94.12%

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

India Export-Import Trade Statistics for HSN Code 28439020

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

Balance

−0.06

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2843

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2843

FY 2019-20

Balance

−0.03

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2843

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−50.00% YoY

0.00% of Sub-Ch. 2843

FY 2020-21

Balance

−2.14

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2843

Imports

2.14 ₹ Cr

0.0001% share

+7,033.33% YoY

0.02% of Sub-Ch. 2843

FY 2021-22

Balance

−0.09

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2843

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−95.79% YoY

0.00% of Sub-Ch. 2843

FY 2022-23 Exp. Rank #9384

Balance

+0.15

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.05% of Sub-Ch. 2843

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−77.78% YoY

0.00% of Sub-Ch. 2843

FY 2023-24 Exp. Rank #10473

Balance

−6.09

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−94.12% YoY

0.00% of Sub-Ch. 2843

Imports

6.10 ₹ Cr

0.0001% share

+30,400.00% YoY

0.05% of Sub-Ch. 2843

FY 2024-25

Balance

−4.00

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2843

Imports

4.00 ₹ Cr

0.0001% share

−34.43% YoY

0.01% of Sub-Ch. 2843

CAGR · 7-Year

Exports

Imports

101.37% /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 28439020 Export-Import Analysis

Export Snapshot for HSN Code 28439020

India exported ₹0.00 Crore worth of Amalgams in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2023-24 Was the Strongest Growth Year for HSN Code 28439020 Exports

The strongest single-year export movement for HSN Code 28439020 was recorded in FY 2023-24, when exports declined by 94.12% over the prior year.

India Records a Trade Deficit of ₹4.00 Crore in HSN Code 28439020 Goods

In FY 2024-25, India's imports of ₹4.00 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹4.00 Crore — ranking #8495 of 12657 by surplus magnitude.

Import Growth of 101.37% CAGR Signals Rising Demand for Amalgams

India's imports under HSN Code 28439020 have grown at 101.37% CAGR, reaching ₹4.00 Crore in FY 2024-25.

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 28439020 and GST compliance.

What products are classified under HSN 28439020 ?

It includes Amalgams

Any common misclassification issue with Amalgams?

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

How much GST applies to Amalgams?

Under HSN 28439020, Amalgams attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Amalgams?

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.

Can we claim ITC on inputs used to trade Amalgams?

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 Amalgams?

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 Amalgams is sold with other items?

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

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.