Consistent Export Growth: 38.28% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2504 have grown at a compound annual rate of 38.28% over 7 fiscal years, rising from ₹2.30 Crore in FY 2018-19 to ₹16.08 Crore in FY 2024-25.
HSN Sub Chapter 2504 represents Natural graphite under GST classification. This code helps businesses identify Natural graphite correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2504, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Natural graphite.
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GST Rate for Natural graphite under HSN Code 2504. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Natural graphite.
Tariff HSN
Description
In powder or in flakes : Graphite, crystalline
Tariff HSN
Description
In powder or in flakes : Graphite, amorphous
Tariff HSN
Description
In powder or in flakes : Other
Tariff HSN
Description
Other : Graphite, micronised
Tariff HSN
Description
Other : Other
India’s Exports
FY 2024-25₹16 Cr
0.0004% of India’s total exports
India’s Imports
FY 2024-25₹356 Cr
0.0058% of India’s total imports
Trade Balance
FY 2024-25−₹340 Cr
Surplus rank #828 of 1233 subchapters
% of Chapter 25
FY 2024-250.09%
Share of Chapter 25’s total exports in FY 2024-25
Import side: 0.85% of Chapter 25’s imports
Rank Within Chapter 25
FY 2024-25#22 of 29
Position by export value among subchapters in Chapter 25
Import-side rank: #16 of 29
At a glance
38.28%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1016
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+155.32%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.09%
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
−230.59
Exports
2.30 ₹ Cr
0.0001% share
— YoY
0.01% of Ch. 25
Imports
232.89 ₹ Cr
0.0065% share
— YoY
1.17% of Ch. 25
Balance
−183.06
Exports
3.26 ₹ Cr
0.0001% share
+41.74% YoY
0.02% of Ch. 25
Imports
186.32 ₹ Cr
0.0056% share
−20.00% YoY
1.00% of Ch. 25
Balance
−176.52
Exports
4.30 ₹ Cr
0.0002% share
+31.90% YoY
0.02% of Ch. 25
Imports
180.82 ₹ Cr
0.0062% share
−2.95% YoY
1.04% of Ch. 25
Balance
−260.46
Exports
4.70 ₹ Cr
0.0001% share
+9.30% YoY
0.03% of Ch. 25
Imports
265.16 ₹ Cr
0.0058% share
+46.64% YoY
0.88% of Ch. 25
Balance
−281.95
Exports
12.00 ₹ Cr
0.0003% share
+155.32% YoY
0.06% of Ch. 25
Imports
293.95 ₹ Cr
0.0051% share
+10.86% YoY
0.78% of Ch. 25
Balance
−313.98
Exports
6.33 ₹ Cr
0.0002% share
−47.25% YoY
0.03% of Ch. 25
Imports
320.31 ₹ Cr
0.0057% share
+8.97% YoY
0.91% of Ch. 25
Balance
−339.56
Exports
16.08 ₹ Cr
0.0004% share
+154.03% YoY
0.09% of Ch. 25
Imports
355.64 ₹ Cr
0.0058% share
+11.03% YoY
0.85% of Ch. 25
CAGR · 7-Year
Exports
38.28% /yr
Imports
7.31% /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 2504 have grown at a compound annual rate of 38.28% over 7 fiscal years, rising from ₹2.30 Crore in FY 2018-19 to ₹16.08 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2504 ranks #1016 out of 1233 subchapters by total export value. Within Chapter 25, it ranks #22 of 29. By trade surplus, it ranks #828 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2504 was recorded in FY 2022-23, when exports surged by 155.32% over the prior year.
In FY 2024-25, India's imports of ₹355.64 Cr exceeded exports of ₹16.08 Cr, resulting in a trade deficit of ₹339.56 Crore — ranking #828 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2504 have grown at 7.31% CAGR, reaching ₹355.64 Crore in FY 2024-25.
Among the 29 subchapters under Chapter 25, HSN Sub-Chapter 2504 ranks #22 by export value — accounting for 0.09% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.85% share (rank #16).
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 2504 and GST compliance.
It includes Natural graphite
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.
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.
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.
If your outward supply of Natural graphite 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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Natural graphite is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.