Consistent Export Growth: 12.49% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2519 have grown at a compound annual rate of 12.49% over 7 fiscal years, rising from ₹20.43 Crore in FY 2018-19 to ₹41.40 Crore in FY 2024-25.
HSN Sub Chapter 2519 represents Magnesium carbonate & oxides under GST classification. This code helps businesses identify Magnesium carbonate & oxides correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2519, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Magnesium carbonate & oxides.
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GST Rate for Magnesium carbonate & oxides under HSN Code 2519. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Chapter No
25HSN Code
HSN Description
Natural magnesium carbonate (magnesite); fused magnesia; dead-burned (sintered) magnesia, whether or not containing small quantities of other oxides added before sintering; other magnesium oxide, whether or not pure
New GST Rate
Old GST Rate
Following tariff HSN codes fall under Magnesium carbonate & oxides.
Tariff HSN
Description
Natural magnesium carbonate (magnesite)
Tariff HSN
Description
Other: Fused magnesia (natural)
Tariff HSN
Description
Other: Dead-burnt (sintered) magnesia
Tariff HSN
Description
Other: Magnesium calcined (other than dead-burnt) not elsewhere specified or included
Tariff HSN
Description
Other: Magnesium oxide
Tariff HSN
Description
Other: Other
India’s Exports
FY 2024-25₹41 Cr
0.0011% of India’s total exports
India’s Imports
FY 2024-25₹1,684 Cr
0.0276% of India’s total imports
Trade Balance
FY 2024-25−₹1,642 Cr
Surplus rank #1009 of 1233 subchapters
% of Chapter 25
FY 2024-250.24%
Share of Chapter 25’s total exports in FY 2024-25
Import side: 4.00% of Chapter 25’s imports
Rank Within Chapter 25
FY 2024-25#19 of 29
Position by export value among subchapters in Chapter 25
Import-side rank: #7 of 29
At a glance
12.49%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#930
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+71.93%
Peak Growth Year
FY 2024-25 · strongest single-year move
0.24%
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
−1,091.65
Exports
20.43 ₹ Cr
0.0009% share
— YoY
0.13% of Ch. 25
Imports
1,112.08 ₹ Cr
0.0310% share
— YoY
5.58% of Ch. 25
Balance
−932.11
Exports
14.71 ₹ Cr
0.0007% share
−28.00% YoY
0.10% of Ch. 25
Imports
946.82 ₹ Cr
0.0282% share
−14.86% YoY
5.10% of Ch. 25
Balance
−748.68
Exports
17.10 ₹ Cr
0.0008% share
+16.25% YoY
0.10% of Ch. 25
Imports
765.78 ₹ Cr
0.0263% share
−19.12% YoY
4.42% of Ch. 25
Balance
−1,293.27
Exports
17.38 ₹ Cr
0.0006% share
+1.64% YoY
0.10% of Ch. 25
Imports
1,310.65 ₹ Cr
0.0287% share
+71.15% YoY
4.37% of Ch. 25
Balance
−1,519.22
Exports
23.91 ₹ Cr
0.0007% share
+37.57% YoY
0.13% of Ch. 25
Imports
1,543.13 ₹ Cr
0.0268% share
+17.74% YoY
4.08% of Ch. 25
Balance
−1,463.19
Exports
24.08 ₹ Cr
0.0007% share
+0.71% YoY
0.13% of Ch. 25
Imports
1,487.27 ₹ Cr
0.0265% share
−3.62% YoY
4.22% of Ch. 25
Balance
−1,642.32
Exports
41.40 ₹ Cr
0.0011% share
+71.93% YoY
0.24% of Ch. 25
Imports
1,683.72 ₹ Cr
0.0276% share
+13.21% YoY
4.00% of Ch. 25
CAGR · 7-Year
Exports
12.49% /yr
Imports
7.16% /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 2519 have grown at a compound annual rate of 12.49% over 7 fiscal years, rising from ₹20.43 Crore in FY 2018-19 to ₹41.40 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2519 ranks #930 out of 1233 subchapters by total export value. Within Chapter 25, it ranks #19 of 29. By trade surplus, it ranks #1009 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2519 was recorded in FY 2024-25, when exports surged by 71.93% over the prior year.
In FY 2024-25, India's imports of ₹1,683.72 Cr exceeded exports of ₹41.40 Cr, resulting in a trade deficit of ₹1,642.32 Crore — ranking #1009 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2519 have grown at 7.16% CAGR, reaching ₹1,683.72 Crore in FY 2024-25.
Among the 29 subchapters under Chapter 25, HSN Sub-Chapter 2519 ranks #19 by export value — accounting for 0.24% of the chapter's total exports in FY 2024-25. On the import side, it holds 4.00% share (rank #7).
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 2519 and GST compliance.
It includes Magnesium carbonate & oxides
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.
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.
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.
Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.
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.