Find GST Rates & HSN
HSN Code 98020000: Laboratory Chemicals
HSN Code 98020000 represents Laboratory Chemicals under GST classification. This code helps businesses identify Laboratory Chemicals correctly for billing, taxation, and trade. With HSN Code 98020000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Laboratory Chemicals.
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Description of Goods for HSN Code 98020000
HSN Code 98020000 relates to the following description.
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India’s Trade Performance — HSN Code 98020000 in FY 2025-26
India’s Exports
FY 2025-26₹42 Cr
0.0011% of India’s total exports
India’s Imports
FY 2025-26₹428 Cr
0.0062% of India’s total imports
Trade Balance
FY 2025-26−₹387 Cr
Surplus rank #11840 of 12872 HSN codes
% of Sub-Chapter 9802
FY 2025-26100.00%
Share of Sub-Chapter 9802’s total exports in FY 2025-26
Import side: 100.00% of Sub-Chapter 9802’s imports
Rank Within Sub-Chapter 9802
FY 2025-26#1 of 1
Position by export value among HSN codes in Sub-Chapter 9802
Import-side rank: #1 of 1
At a glance
14.24%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#4059
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+148.43%
Peak Growth Year
FY 2020-21 · strongest single-year move
100.00%
Contribution to Sub-Ch. 9802
Share of Sub-Chapter 9802 exports in FY 2025-26
India Export-Import Trade Statistics for HSN Code 98020000
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−23.55
Exports
16.34 ₹ Cr
0.0007% share
— YoY
100.00% of Sub-Ch. 9802
Imports
39.89 ₹ Cr
0.0011% share
— YoY
100.00% of Sub-Ch. 9802
Balance
−41.40
Exports
14.35 ₹ Cr
0.0007% share
−12.18% YoY
100.00% of Sub-Ch. 9802
Imports
55.75 ₹ Cr
0.0017% share
+39.76% YoY
100.00% of Sub-Ch. 9802
Balance
−68.59
Exports
35.65 ₹ Cr
0.0017% share
+148.43% YoY
100.00% of Sub-Ch. 9802
Imports
104.24 ₹ Cr
0.0036% share
+86.98% YoY
100.00% of Sub-Ch. 9802
Balance
−133.52
Exports
47.26 ₹ Cr
0.0015% share
+32.57% YoY
100.00% of Sub-Ch. 9802
Imports
180.78 ₹ Cr
0.0040% share
+73.43% YoY
100.00% of Sub-Ch. 9802
Balance
−303.63
Exports
112.02 ₹ Cr
0.0031% share
+137.03% YoY
100.00% of Sub-Ch. 9802
Imports
415.65 ₹ Cr
0.0072% share
+129.92% YoY
100.00% of Sub-Ch. 9802
Balance
−566.76
Exports
134.52 ₹ Cr
0.0037% share
+20.09% YoY
100.00% of Sub-Ch. 9802
Imports
701.28 ₹ Cr
0.0125% share
+68.72% YoY
100.00% of Sub-Ch. 9802
Balance
−532.87
Exports
87.04 ₹ Cr
0.0024% share
−35.30% YoY
100.00% of Sub-Ch. 9802
Imports
619.91 ₹ Cr
0.0102% share
−11.60% YoY
100.00% of Sub-Ch. 9802
Balance
−386.84
Exports
41.50 ₹ Cr
0.0011% share
−52.32% YoY
100.00% of Sub-Ch. 9802
Imports
428.34 ₹ Cr
0.0062% share
−30.90% YoY
100.00% of Sub-Ch. 9802
CAGR · 8-Year
Exports
14.24% /yr
Imports
40.37% /yr
reference, FY 2025-26
Export
₹41.50 Cr
Import
₹428.34 Cr
Trade Balance
−386.84
Key Trade Insights: HSN Code 98020000 Export-Import Analysis
Consistent Export Growth: 14.24% CAGR Over 8 Years
India's exports under HSN Code 98020000 have grown at a compound annual rate of 14.24% over 8 fiscal years, rising from ₹16.34 Crore in FY 2018-19 to ₹41.50 Crore in FY 2025-26.
HSN Code 98020000 Ranked #4059 Among All 12872 HSN codes by Export Value
In FY 2025-26, HSN Code 98020000 ranks #4059 out of 12872 HSN codes by total export value. Within Sub-Chapter 9802, it ranks #1 of 1. By trade surplus, it ranks #11840 of 12872.
FY 2020-21 Was the Strongest Growth Year for HSN Code 98020000 Exports
The strongest single-year export movement for HSN Code 98020000 was recorded in FY 2020-21, when exports surged by 148.43% over the prior year.
India Records a Trade Deficit of ₹386.84 Crore in HSN Code 98020000 Goods
In FY 2025-26, India's imports of ₹428.34 Cr exceeded exports of ₹41.50 Cr, resulting in a trade deficit of ₹386.84 Crore — ranking #11840 of 12872 by surplus magnitude.
Import Growth of 40.37% CAGR Signals Rising Demand for Laboratory Chemicals
India's imports under HSN Code 98020000 have grown at 40.37% CAGR, reaching ₹428.34 Crore in FY 2025-26.
HSN Code 98020000 Contributes 100.00% of Sub-Chapter 9802 Exports — Ranked #1
Among the 1 HSN codes under Sub-Chapter 9802, HSN Code 98020000 ranks #1 by export value — accounting for 100.00% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 100.00% share (rank #1).
Frequently Asked Questions
Clear answers to common queries about HSN Code 98020000 and GST compliance.
What products are classified under HSN 98020000 ?
It includes Other live animals – other – other
Do e‑way bill and e‑invoice apply for Laboratory Chemicals?
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.
Does packaging or labelling change the GST for Laboratory Chemicals?
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 Laboratory Chemicals?
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 Laboratory Chemicals?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
How should mixed supplies be billed when Laboratory Chemicals is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Laboratory Chemicals; Nil for exempt items if applicable).
How much GST applies to Laboratory Chemicals?
Under HSN 98020000, Laboratory Chemicals attracts Varies when sold in taxable form. Describe the exact form on the invoice.