Export Decline: −2.02% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2502 have declined at a compound annual rate of −2.02% over 7 fiscal years, falling from ₹2.86 Crore in FY 2018-19 to ₹2.53 Crore in FY 2024-25.
HSN Sub Chapter 2502 represents Unroasted iron pyrites under GST classification. This code helps businesses identify Unroasted iron pyrites correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2502, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Unroasted iron pyrites.
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GST Rate for Unroasted iron pyrites under HSN Code 2502. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Unroasted iron pyrites.
Tariff HSN
Description
Unroasted iron pyrites
India’s Exports
FY 2024-25₹3 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25₹17 Cr
0.0003% of India’s total imports
Trade Balance
FY 2024-25−₹14 Cr
Surplus rank #606 of 1233 subchapters
% of Chapter 25
FY 2024-250.01%
Share of Chapter 25’s total exports in FY 2024-25
Import side: 0.04% of Chapter 25’s imports
Rank Within Chapter 25
FY 2024-25#25 of 29
Position by export value among subchapters in Chapter 25
Import-side rank: #26 of 29
At a glance
−2.02%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1114
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+49.76%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.01%
Contribution to Ch. 25
Share of Chapter 25 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−2.99
Exports
2.86 ₹ Cr
0.0001% share
— YoY
0.02% of Ch. 25
Imports
5.85 ₹ Cr
0.0002% share
— YoY
0.03% of Ch. 25
Balance
−6.08
Exports
2.51 ₹ Cr
0.0001% share
−12.24% YoY
0.02% of Ch. 25
Imports
8.59 ₹ Cr
0.0003% share
+46.84% YoY
0.05% of Ch. 25
Balance
−7.12
Exports
2.05 ₹ Cr
0.0001% share
−18.33% YoY
0.01% of Ch. 25
Imports
9.17 ₹ Cr
0.0003% share
+6.75% YoY
0.05% of Ch. 25
Balance
−2.66
Exports
3.07 ₹ Cr
0.0001% share
+49.76% YoY
0.02% of Ch. 25
Imports
5.73 ₹ Cr
0.0001% share
−37.51% YoY
0.02% of Ch. 25
Balance
−10.65
Exports
3.23 ₹ Cr
0.0001% share
+5.21% YoY
0.02% of Ch. 25
Imports
13.88 ₹ Cr
0.0002% share
+142.23% YoY
0.04% of Ch. 25
Balance
−9.31
Exports
2.01 ₹ Cr
0.0001% share
−37.77% YoY
0.01% of Ch. 25
Imports
11.32 ₹ Cr
0.0002% share
−18.44% YoY
0.03% of Ch. 25
Balance
−14.06
Exports
2.53 ₹ Cr
0.0001% share
+25.87% YoY
0.01% of Ch. 25
Imports
16.59 ₹ Cr
0.0003% share
+46.55% YoY
0.04% of Ch. 25
CAGR · 7-Year
Exports
−2.02% /yr
Imports
18.97% /yr
reference, FY 2024-25
Export
₹17,254.80 Cr
Import
₹42,072.00 Cr
Trade Balance
−24,817.20
India's exports under HSN Sub-Chapter 2502 have declined at a compound annual rate of −2.02% over 7 fiscal years, falling from ₹2.86 Crore in FY 2018-19 to ₹2.53 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2502 ranks #1114 out of 1233 subchapters by total export value. Within Chapter 25, it ranks #25 of 29. By trade surplus, it ranks #606 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2502 was recorded in FY 2021-22, when exports surged by 49.76% over the prior year.
In FY 2024-25, India's imports of ₹16.59 Cr exceeded exports of ₹2.53 Cr, resulting in a trade deficit of ₹14.06 Crore — ranking #606 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2502 have grown at 18.97% CAGR, reaching ₹16.59 Crore in FY 2024-25.
Among the 29 subchapters under Chapter 25, HSN Sub-Chapter 2502 ranks #25 by export value — accounting for 0.01% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.04% share (rank #26).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 2502 and GST compliance.
It includes Unroasted iron pyrites
If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.
Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.
Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.
Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.