HSN Code 28492010: Miscellaneous | Cerium Compounds

HSN Code 28492010 represents Miscellaneous | Cerium Compounds under GST classification. This code helps businesses identify Miscellaneous | Cerium Compounds correctly for billing, taxation, and trade. With HSN Code 28492010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Miscellaneous | Cerium Compounds.

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Description of Goods for HSN Code 28492010

HSN Code 28492010 relates to the following description.

Description of Goods

MISCELLANEOUS : Of silicon : Carborundum

Chapter

28 - Inorganic chemicals, organic or inorganic compounds of precious metals,of rare-earth metals, of radioactive elements or of isotopes

Sub Chapter

2849 - Carbides, whether or not chemically defined

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 28492010 not include?

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

India’s Trade Performance — HSN Code 28492010 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

₹66 Cr

+124.74% vs FY 2023-24

0.0018% of India’s total exports

India’s Imports

FY 2024-25

₹87 Cr

+77.45% vs FY 2023-24

0.0014% of India’s total imports

Trade Balance

FY 2024-25

−₹22 Cr

Trade Deficit

Surplus rank #9599 of 12657 HSN codes

% of Sub-Chapter 2849

FY 2024-25

67.86%

Share of Sub-Chapter 2849’s total exports in FY 2024-25

Import side: 10.55% of Sub-Chapter 2849’s imports

Rank Within Sub-Chapter 2849

FY 2024-25

#1 of 6

Position by export value among HSN codes in Sub-Chapter 2849

Import-side rank: #3 of 6

At a glance

6.90%

Export CAGR

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

#3243

National Export Rank

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

+124.74%

Peak Growth Year

FY 2024-25 · strongest single-year move

67.86%

Contribution to Sub-Ch. 2849

Share of Sub-Chapter 2849 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 28492010

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 #3047

Balance

−108.07

Exports

44.09 ₹ Cr

0.0019% share

YoY

55.90% of Sub-Ch. 2849

Imports

152.16 ₹ Cr

0.0042% share

YoY

22.01% of Sub-Ch. 2849

FY 2019-20 Exp. Rank #3675

Balance

−57.04

Exports

28.16 ₹ Cr

0.0013% share

−36.13% YoY

45.06% of Sub-Ch. 2849

Imports

85.20 ₹ Cr

0.0025% share

−44.01% YoY

16.80% of Sub-Ch. 2849

FY 2020-21 Exp. Rank #3309

Balance

−49.15

Exports

38.96 ₹ Cr

0.0018% share

+38.35% YoY

62.75% of Sub-Ch. 2849

Imports

88.11 ₹ Cr

0.0030% share

+3.42% YoY

16.54% of Sub-Ch. 2849

FY 2021-22 Exp. Rank #3552

Balance

−129.74

Exports

43.69 ₹ Cr

0.0014% share

+12.14% YoY

53.90% of Sub-Ch. 2849

Imports

173.43 ₹ Cr

0.0038% share

+96.83% YoY

22.87% of Sub-Ch. 2849

FY 2022-23 Exp. Rank #3683

Balance

−92.70

Exports

42.90 ₹ Cr

0.0012% share

−1.81% YoY

50.35% of Sub-Ch. 2849

Imports

135.60 ₹ Cr

0.0024% share

−21.81% YoY

15.43% of Sub-Ch. 2849

FY 2023-24 Exp. Rank #4276

Balance

−19.92

Exports

29.27 ₹ Cr

0.0008% share

−31.77% YoY

45.81% of Sub-Ch. 2849

Imports

49.19 ₹ Cr

0.0009% share

−63.72% YoY

5.95% of Sub-Ch. 2849

FY 2024-25 Exp. Rank #3243

Balance

−21.51

Exports

65.78 ₹ Cr

0.0018% share

+124.74% YoY

67.86% of Sub-Ch. 2849

Imports

87.29 ₹ Cr

0.0014% share

+77.45% YoY

10.55% of Sub-Ch. 2849

CAGR · 7-Year

Exports

6.90% /yr

Imports

−8.85% /yr

Consistently Deficit
Sub-Chapter 2849 total

reference, FY 2024-25

Export

₹96.93 Cr

Import

₹827.51 Cr

Trade Balance

−730.58

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

Key Trade Insights: HSN Code 28492010 Export-Import Analysis

Consistent Export Growth: 6.90% CAGR Over 7 Years

India's exports under HSN Code 28492010 have grown at a compound annual rate of 6.90% over 7 fiscal years, rising from ₹44.09 Crore in FY 2018-19 to ₹65.78 Crore in FY 2024-25.

HSN Code 28492010 Ranked #3243 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 28492010 ranks #3243 out of 12657 HSN codes by total export value. Within Sub-Chapter 2849, it ranks #1 of 6. By trade surplus, it ranks #9599 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 28492010 Exports

The strongest single-year export movement for HSN Code 28492010 was recorded in FY 2024-25, when exports surged by 124.74% over the prior year.

India Records a Trade Deficit of ₹21.51 Crore in HSN Code 28492010 Goods

In FY 2024-25, India's imports of ₹87.29 Cr exceeded exports of ₹65.78 Cr, resulting in a trade deficit of ₹21.51 Crore — ranking #9599 of 12657 by surplus magnitude.

Import Growth of −8.85% CAGR Signals Stable Import Dependency for Miscellaneous | Cerium Compounds

India's imports under HSN Code 28492010 have grown at −8.85% CAGR, reaching ₹87.29 Crore in FY 2024-25.

HSN Code 28492010 Contributes 67.86% of Sub-Chapter 2849 Exports — Ranked #1

Among the 6 HSN codes under Sub-Chapter 2849, HSN Code 28492010 ranks #1 by export value — accounting for 67.86% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 10.55% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 28492010 and GST compliance.

What products are classified under HSN 28492010 ?

It includes Miscellaneous | Cerium Compounds

Can we claim ITC on inputs used to trade Miscellaneous / Cerium 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 / Cerium 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 much GST applies to Miscellaneous / Cerium Compounds?

Under HSN 28492010, Miscellaneous / Cerium Compounds attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Miscellaneous / Cerium Compounds?

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

Does packaging or labelling change the GST for Miscellaneous / Cerium 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.