HSN Code 31023000: Ammonium Nitrate (Non-Fertilizer Use)

HSN Code 31023000 represents Ammonium Nitrate (Non-Fertilizer Use) under GST classification. This code helps businesses identify Ammonium Nitrate (Non-Fertilizer Use) correctly for billing, taxation, and trade. With HSN Code 31023000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Ammonium Nitrate (Non-Fertilizer Use).

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 31023000

HSN Code 31023000 relates to the following description.

Description of Goods

Ammonium nitrate, whether or not in aqueous solution

Chapter

31 - Fertilisers

Sub Chapter

3102 - Mineral or chemical fertilisers, nitrogenous

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

Description of Goods

Ammonium nitrate, whether or not in aqueous solution (which are clearly not to be used as fertilizers)

Chapter

31 - Fertilisers

Sub Chapter

3102 - Mineral or chemical fertilisers, nitrogenous

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 31023000 not include?

Ammonium Nitrate (Non-Fertilizer Use) does not include products with the following descriptions.

HSN Code 31021000

Urea, whether or not in aqueous solution (which are clearly not to be used as fertilizers)

HSN Code 31022100

Ammonium sulphate; double salts and mixtures of ammonium sulphate and ammonium nitrate : Ammonium sulphate

HSN Code 31022100

Ammonium sulphate; double salts and mixtures of ammonium sulphate and ammonium nitrate : Ammonium sulphate (which are clearly not to be used as fertilizers)

HSN Code 31022910

Ammonium sulphate; double salts and mixtures of ammonium sulphate and ammonium nitrate : Other : Ammonium sulphonitrate

HSN Code 31022910

Ammonium sulphate; double salts and mixtures of ammonium sulphate and ammonium nitrate : Other : Ammonium sulphonitrate (which are clearly not to be used as fertilizers)

HSN Code 31022990

Ammonium sulphate; double salts and mixtures of ammonium sulphate and ammonium nitrate : Other : Other

HSN Code 31022990

Ammonium sulphate; double salts and mixtures of ammonium sulphate and ammonium nitrate : Other : Other (which are clearly not to be used as fertilizers)

HSN Code 31024000

Mixtures of ammonium nitrate with calcium carbonate or other inorganic non-fertilising substances

HSN Code 31024000

Mixtures of ammonium nitrate with calcium carbonate or other inorganic non-fertilising substances (which are clearly not to be used as fertilizers)

HSN Code 31026000

Double salts and mixtures of calcium nitrate and ammonium nitrate (which are clearly not to be used as fertilizers)

HSN Code 31028000

Mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution (which are clearly not to be used as fertilizers)

HSN Code 31029010

Other, including mixtures not specified in the foregoing sub-headings : Double salts or mixtures of calcium nitrate and magnesium nitrate

HSN Code 31029010

Other, including mixtures not specified in the foregoing sub-headings : Double salts or mixtures of calcium nitrate and magnesium nitrate (which are clearly not to be used as fertilizers)

India’s Trade Performance — HSN Code 31023000 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

₹93 Cr

+2,079.91% vs FY 2023-24

0.0025% of India’s total exports

India’s Imports

FY 2024-25

₹1,428 Cr

−6.25% vs FY 2023-24

0.0235% of India’s total imports

Trade Balance

FY 2024-25

−₹1,335 Cr

Trade Deficit

Surplus rank #12306 of 12657 HSN codes

% of Sub-Chapter 3102

FY 2024-25

43.84%

Share of Sub-Chapter 3102’s total exports in FY 2024-25

Import side: 6.24% of Sub-Chapter 3102’s imports

Rank Within Sub-Chapter 3102

FY 2024-25

#1 of 14

Position by export value among HSN codes in Sub-Chapter 3102

Import-side rank: #3 of 14

At a glance

1.80%

Export CAGR

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

#2745

National Export Rank

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

+2,079.91%

Peak Growth Year

FY 2024-25 · strongest single-year move

43.84%

Contribution to Sub-Ch. 3102

Share of Sub-Chapter 3102 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 31023000

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 #2226

Balance

−441.30

Exports

83.83 ₹ Cr

0.0037% share

— YoY

24.16% of Sub-Ch. 3102

Imports

525.13 ₹ Cr

0.0146% share

— YoY

3.75% of Sub-Ch. 3102

FY 2019-20 Exp. Rank #2797

Balance

−494.36

Exports

52.98 ₹ Cr

0.0024% share

−36.80% YoY

31.80% of Sub-Ch. 3102

Imports

547.34 ₹ Cr

0.0163% share

+4.23% YoY

2.56% of Sub-Ch. 3102

FY 2020-21 Exp. Rank #3251

Balance

−375.94

Exports

40.30 ₹ Cr

0.0019% share

−23.93% YoY

16.16% of Sub-Ch. 3102

Imports

416.24 ₹ Cr

0.0143% share

−23.95% YoY

1.92% of Sub-Ch. 3102

FY 2021-22 Exp. Rank #3853

Balance

−779.49

Exports

35.02 ₹ Cr

0.0011% share

−13.10% YoY

18.93% of Sub-Ch. 3102

Imports

814.51 ₹ Cr

0.0178% share

+95.68% YoY

1.62% of Sub-Ch. 3102

FY 2022-23 Exp. Rank #8243

Balance

−2,100.35

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−97.57% YoY

0.15% of Sub-Ch. 3102

Imports

2,101.20 ₹ Cr

0.0365% share

+157.97% YoY

4.53% of Sub-Ch. 3102

FY 2023-24 Exp. Rank #6762

Balance

−1,519.34

Exports

4.28 ₹ Cr

0.0001% share

+403.53% YoY

1.51% of Sub-Ch. 3102

Imports

1,523.62 ₹ Cr

0.0271% share

−27.49% YoY

5.62% of Sub-Ch. 3102

FY 2024-25 Exp. Rank #2745

Balance

−1,335.14

Exports

93.30 ₹ Cr

0.0025% share

+2,079.91% YoY

43.84% of Sub-Ch. 3102

Imports

1,428.44 ₹ Cr

0.0235% share

−6.25% YoY

6.24% of Sub-Ch. 3102

CAGR · 7-Year

Exports

1.80% /yr

Imports

18.15% /yr

Consistently Deficit
Sub-Chapter 3102 total

reference, FY 2024-25

Export

₹212.81 Cr

Import

₹22,896.13 Cr

Trade Balance

−22,683.32

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

Key Trade Insights: HSN Code 31023000 Export-Import Analysis

Consistent Export Growth: 1.80% CAGR Over 7 Years

India's exports under HSN Code 31023000 have grown at a compound annual rate of 1.80% over 7 fiscal years, rising from ₹83.83 Crore in FY 2018-19 to ₹93.30 Crore in FY 2024-25.

HSN Code 31023000 Ranked #2745 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 31023000 ranks #2745 out of 12657 HSN codes by total export value. Within Sub-Chapter 3102, it ranks #1 of 14. By trade surplus, it ranks #12306 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 31023000 Exports

The strongest single-year export movement for HSN Code 31023000 was recorded in FY 2024-25, when exports surged by 2,079.91% over the prior year.

India Records a Trade Deficit of ₹1,335.14 Crore in HSN Code 31023000 Goods

In FY 2024-25, India's imports of ₹1,428.44 Cr exceeded exports of ₹93.30 Cr, resulting in a trade deficit of ₹1,335.14 Crore — ranking #12306 of 12657 by surplus magnitude.

Import Growth of 18.15% CAGR Signals Rising Demand for Ammonium Nitrate (Non-Fertilizer Use)

India's imports under HSN Code 31023000 have grown at 18.15% CAGR, reaching ₹1,428.44 Crore in FY 2024-25.

HSN Code 31023000 Contributes 43.84% of Sub-Chapter 3102 Exports — Ranked #1

Among the 14 HSN codes under Sub-Chapter 3102, HSN Code 31023000 ranks #1 by export value — accounting for 43.84% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 6.24% share (rank #3).

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 31023000 and GST compliance.

What products are classified under HSN 31023000 ?

It includes Ammonium Nitrate (Non-Fertilizer Use)

How should mixed supplies be billed when Ammonium Nitrate (Non-Fertilizer Use) is sold with other items?

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

Any common misclassification issue with Ammonium Nitrate (Non-Fertilizer Use)?

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 Ammonium Nitrate (Non-Fertilizer Use)?

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.

Do e‑way bill and e‑invoice apply for Ammonium Nitrate (Non-Fertilizer Use)?

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 Ammonium Nitrate (Non-Fertilizer Use)?

Under HSN 31023000, Ammonium Nitrate (Non-Fertilizer Use) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.