2503 HSN Code: Sulfur products

HSN Sub Chapter 2503 represents Sulfur products under GST classification. This code helps businesses identify Sulfur products correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2503, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Sulfur products.

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New GST Rate for HSN Code 2503

GST Rate for Sulfur products under HSN Code 2503. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

25

HSN Code

HSN Description

Sulphur of all kinds, other than sublimed sulphur, precipitated sulphur and collodial sulphur

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 2503

Following tariff HSN codes fall under Sulfur products.

Tariff HSN

Description

Sulphur of all kinds, other than sublimed sulphur, precipitated sulphur and collodial sulphur : Sulphur recovered as by-product in refining of crude oil

Tariff HSN

Description

Sulphur of all kinds, other than sublimed sulphur, precipitated sulphur and collodial sulphur : Other

India’s Trade Performance — HSN Sub-Chapter 2503 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

₹983 Cr

−5.02% vs FY 2023-24

0.0265% of India’s total exports

India’s Imports

FY 2024-25

₹2,750 Cr

+58.37% vs FY 2023-24

0.0451% of India’s total imports

Trade Balance

FY 2024-25

−₹1,768 Cr

Trade Deficit

Surplus rank #1017 of 1233 subchapters

% of Chapter 25

FY 2024-25

5.70%

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

Import side: 6.54% of Chapter 25’s imports

Rank Within Chapter 25

FY 2024-25

#6 of 29

Position by export value among subchapters in Chapter 25

Import-side rank: #4 of 29

At a glance

14.63%

Export CAGR

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

#393

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+385.39%

Peak Growth Year

FY 2021-22 · strongest single-year move

5.70%

Contribution to Ch. 25

Share of Chapter 25 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 2503

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 #447

Balance

−1,088.72

Exports

433.25 ₹ Cr

0.0189% share

YoY

2.78% of Ch. 25

Imports

1,521.97 ₹ Cr

0.0424% share

YoY

7.63% of Ch. 25

FY 2019-20 Exp. Rank #468

Balance

−436.69

Exports

387.28 ₹ Cr

0.0175% share

−10.61% YoY

2.74% of Ch. 25

Imports

823.97 ₹ Cr

0.0246% share

−45.86% YoY

4.44% of Ch. 25

FY 2020-21 Exp. Rank #459

Balance

−661.97

Exports

432.86 ₹ Cr

0.0201% share

+11.77% YoY

2.46% of Ch. 25

Imports

1,094.83 ₹ Cr

0.0376% share

+32.87% YoY

6.32% of Ch. 25

FY 2021-22 Exp. Rank #216

Balance

−1,435.16

Exports

2,101.05 ₹ Cr

0.0669% share

+385.39% YoY

12.39% of Ch. 25

Imports

3,536.21 ₹ Cr

0.0774% share

+222.99% YoY

11.78% of Ch. 25

FY 2022-23 Exp. Rank #172

Balance

+650.10

Exports

3,326.76 ₹ Cr

0.0919% share

+58.34% YoY

17.51% of Ch. 25

Imports

2,676.66 ₹ Cr

0.0466% share

−24.31% YoY

7.07% of Ch. 25

FY 2023-24 Exp. Rank #377

Balance

−701.99

Exports

1,034.61 ₹ Cr

0.0286% share

−68.90% YoY

5.62% of Ch. 25

Imports

1,736.60 ₹ Cr

0.0309% share

−35.12% YoY

4.93% of Ch. 25

FY 2024-25 Exp. Rank #393

Balance

−1,767.57

Exports

982.71 ₹ Cr

0.0265% share

−5.02% YoY

5.70% of Ch. 25

Imports

2,750.28 ₹ Cr

0.0451% share

+58.37% YoY

6.54% of Ch. 25

CAGR · 7-Year

Exports

14.63% /yr

Imports

10.36% /yr

Consistently Deficit
Chapter 25 total

reference, FY 2024-25

Export

₹17,254.80 Cr

Import

₹42,072.00 Cr

Trade Balance

−24,817.20

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

Key Trade Insights: HSN Sub-Chapter 2503 Export-Import Analysis

Consistent Export Growth: 14.63% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 2503 have grown at a compound annual rate of 14.63% over 7 fiscal years, rising from ₹433.25 Crore in FY 2018-19 to ₹982.71 Crore in FY 2024-25.

HSN Sub-Chapter 2503 Ranked #393 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 2503 ranks #393 out of 1233 subchapters by total export value. Within Chapter 25, it ranks #6 of 29. By trade surplus, it ranks #1017 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 2503 Exports

The strongest single-year export movement for HSN Sub-Chapter 2503 was recorded in FY 2021-22, when exports surged by 385.39% over the prior year.

India Records a Trade Deficit of ₹1,767.57 Crore in HSN Sub-Chapter 2503 Goods

In FY 2024-25, India's imports of ₹2,750.28 Cr exceeded exports of ₹982.71 Cr, resulting in a trade deficit of ₹1,767.57 Crore — ranking #1017 of 1233 by surplus magnitude.

Import Growth of 10.36% CAGR Signals Rising Demand for Sulfur products

India's imports under HSN Sub-Chapter 2503 have grown at 10.36% CAGR, reaching ₹2,750.28 Crore in FY 2024-25.

HSN Sub-Chapter 2503 Contributes 5.70% of Chapter 25 Exports — Ranked #6

Among the 29 subchapters under Chapter 25, HSN Sub-Chapter 2503 ranks #6 by export value — accounting for 5.70% of the chapter's total exports in FY 2024-25. On the import side, it holds 6.54% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 2503 and GST compliance.

What products are classified under HSN 2503

It includes Sulfur products

Is the composition scheme suitable if I mainly trade Sulfur products?

The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.

Can I claim ITC on inputs and services used for Sulfur products?

If your outward supply of Sulfur products is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.

How should I document Sulfur products sent for job work?

Use a delivery challan for sending Sulfur products to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.

Does MRP, weight or pack size change GST treatment for Sulfur products?

Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.

What should my invoice and records include for Sulfur products?

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.

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.

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