--- title: "HSN Code for Borides | HSN 28500050 GST Rate" description: "Find HSN and GST Rates for 28500050 related to Borides with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-28500050/" --- # HSN Code 28500050: Borides - [Section 06: Guide to HSN Section 06](https://busy.in/hsn/section-06/) - [Chapter 28: Inorganic Chemicals & Rare-Earth Metal Compounds](https://busy.in/hsn/chapter-28/) - [Sub-chapter 2850: Hydrides & Nitrides](https://busy.in/hsn/sub-chapter-2850/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | MISCELLANEOUS : Hydrides, nitrides, azides, silicides and borides, whether or not chemically defined, other than compounds which are also carbides of heading 2849 : Borides | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 28500050 ? It includes Borides ### Can we claim ITC on inputs used to trade Borides? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Does packaging or labelling change the GST for Borides? 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. ### Any common misclassification issue with Borides? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How should mixed supplies be billed when Borides is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Borides; Nil for exempt items if applicable). ### How much GST applies to Borides? Under HSN 28500050, Borides attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Borides? 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. ## India's trade performance: HSN Code 28500050 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (0.00% YoY) — 0.0000% of India's total exports - Imports: ₹14 Cr (−29.21% YoY) — 0.0002% of India's total imports - Trade balance: −₹13 Cr (Deficit); surplus rank #9248 of 12657 HSN codes - Share of Sub-Chapter 2850: 1.30% of its exports; import side 1.90% - Rank within Sub-Chapter 2850: #4 of 6 by export value; import-side #4 ### Key metrics - Export CAGR: 79.99% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #8581 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +1,000.00% in FY 2019-20 - Contribution to Sub-Ch. 2850: 1.30% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 28500050 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 2850 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2850 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.07% | 9.02 | 0.0003% | — | 1.74% | −9.00 | #9774 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +1,000.00% | 0.58% | 10.60 | 0.0003% | +17.52% | 2.07% | −10.38 | #8780 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −90.91% | 0.06% | 13.31 | 0.0005% | +25.57% | 2.16% | −13.29 | #9824 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +850.00% | 0.31% | 15.02 | 0.0003% | +12.85% | 2.57% | −14.83 | #9228 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +63.16% | 0.47% | 37.23 | 0.0006% | +147.87% | 4.98% | −36.92 | #9033 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +119.35% | 1.33% | 19.14 | 0.0003% | −48.59% | 2.72% | −18.46 | #8565 | | FY 2024-25 | < ₹1 Crore | 0.0000% | 0.00% | 1.30% | 13.55 | 0.0002% | −29.21% | 1.90% | −12.87 | #8581 | - CAGR (7-year): exports 79.99%/yr, imports 7.02%/yr (consistently Deficit) ## Key trade insights: HSN Code 28500050 export-import analysis ### Consistent export growth: 79.99% CAGR over 7 years India's exports under HSN Code 28500050 have grown at a compound annual rate of 79.99% over 7 fiscal years, rising from ₹0.02 Crore in FY 2018-19 to ₹0.68 Crore in FY 2024-25. ### HSN Code 28500050 ranked #8581 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 28500050 ranks #8581 out of 12657 HSN codes by total export value. Within Sub-Chapter 2850, it ranks #4 of 6. By trade surplus, it ranks #9248 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 28500050 exports The strongest single-year export movement for HSN Code 28500050 was recorded in FY 2019-20, when exports surged by 1,000.00% over the prior year. ### India records a trade deficit of ₹12.87 Crore in HSN Code 28500050 goods In FY 2024-25, India's imports of ₹13.55 Cr exceeded exports of ₹0.68 Cr, resulting in a trade deficit of ₹12.87 Crore — ranking #9248 of 12657 by surplus magnitude. ### Import growth of 7.02% CAGR signals stable import dependency for Borides India's imports under HSN Code 28500050 have grown at 7.02% CAGR, reaching ₹13.55 Crore in FY 2024-25. ### HSN Code 28500050 contributes 1.30% of Sub-Chapter 2850 exports — ranked #4 Among the 6 HSN codes under Sub-Chapter 2850, HSN Code 28500050 ranks #4 by export value — accounting for 1.30% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.90% share (rank #4). ## Related HSN Codes in Sub-Chapter 2850 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 28500030: Real Zari Thread (Gold/Silver)](https://busy.in/hsn/hsn-28500030/) | ₹37 Cr | | #2 | [HSN Code 28500010: Hydrides](https://busy.in/hsn/hsn-28500010/) | ₹14 Cr | | #3 | [HSN Code 28500049: Calcium Silicides](https://busy.in/hsn/hsn-28500049/) | < ₹1 Crore | | #4 | HSN Code 28500050: Borides (this hsn code) | < ₹1 Crore | | #5 | [HSN Code 28500041: Nitrides](https://busy.in/hsn/hsn-28500041/) | < ₹1 Crore | | #6 | [HSN Code 28500020: Azides](https://busy.in/hsn/hsn-28500020/) | < ₹1 Crore |