Export Decline: −6.84% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2520 have declined at a compound annual rate of −6.84% over 7 fiscal years, falling from ₹68.45 Crore in FY 2018-19 to ₹44.76 Crore in FY 2024-25.
HSN Sub Chapter 2520 represents Gypsum, Anhydrite, Plasters under GST classification. This code helps businesses identify Gypsum, Anhydrite, Plasters correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2520, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Gypsum, Anhydrite, Plasters.
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GST Rate for Gypsum, Anhydrite, Plasters under HSN Code 2520. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Gypsum, Anhydrite, Plasters.
India’s Exports
FY 2024-25₹45 Cr
0.0012% of India’s total exports
India’s Imports
FY 2024-25₹1,800 Cr
0.0295% of India’s total imports
Trade Balance
FY 2024-25−₹1,755 Cr
Surplus rank #1015 of 1233 subchapters
% of Chapter 25
FY 2024-250.26%
Share of Chapter 25’s total exports in FY 2024-25
Import side: 4.28% of Chapter 25’s imports
Rank Within Chapter 25
FY 2024-25#18 of 29
Position by export value among subchapters in Chapter 25
Import-side rank: #6 of 29
At a glance
−6.84%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#924
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+25.41%
Peak Growth Year
FY 2024-25 · strongest single-year move
0.26%
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
−878.89
Exports
68.45 ₹ Cr
0.0030% share
— YoY
0.44% of Ch. 25
Imports
947.34 ₹ Cr
0.0264% share
— YoY
4.75% of Ch. 25
Balance
−783.63
Exports
57.89 ₹ Cr
0.0026% share
−15.43% YoY
0.41% of Ch. 25
Imports
841.52 ₹ Cr
0.0251% share
−11.17% YoY
4.53% of Ch. 25
Balance
−664.90
Exports
72.39 ₹ Cr
0.0034% share
+25.05% YoY
0.41% of Ch. 25
Imports
737.29 ₹ Cr
0.0253% share
−12.39% YoY
4.26% of Ch. 25
Balance
−1,105.81
Exports
76.57 ₹ Cr
0.0024% share
+5.77% YoY
0.45% of Ch. 25
Imports
1,182.38 ₹ Cr
0.0259% share
+60.37% YoY
3.94% of Ch. 25
Balance
−1,322.40
Exports
57.46 ₹ Cr
0.0016% share
−24.96% YoY
0.30% of Ch. 25
Imports
1,379.86 ₹ Cr
0.0240% share
+16.70% YoY
3.64% of Ch. 25
Balance
−1,537.36
Exports
35.69 ₹ Cr
0.0010% share
−37.89% YoY
0.19% of Ch. 25
Imports
1,573.05 ₹ Cr
0.0280% share
+14.00% YoY
4.47% of Ch. 25
Balance
−1,754.97
Exports
44.76 ₹ Cr
0.0012% share
+25.41% YoY
0.26% of Ch. 25
Imports
1,799.73 ₹ Cr
0.0295% share
+14.41% YoY
4.28% of Ch. 25
CAGR · 7-Year
Exports
−6.84% /yr
Imports
11.29% /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 2520 have declined at a compound annual rate of −6.84% over 7 fiscal years, falling from ₹68.45 Crore in FY 2018-19 to ₹44.76 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2520 ranks #924 out of 1233 subchapters by total export value. Within Chapter 25, it ranks #18 of 29. By trade surplus, it ranks #1015 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2520 was recorded in FY 2024-25, when exports surged by 25.41% over the prior year.
In FY 2024-25, India's imports of ₹1,799.73 Cr exceeded exports of ₹44.76 Cr, resulting in a trade deficit of ₹1,754.97 Crore — ranking #1015 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2520 have grown at 11.29% CAGR, reaching ₹1,799.73 Crore in FY 2024-25.
Among the 29 subchapters under Chapter 25, HSN Sub-Chapter 2520 ranks #18 by export value — accounting for 0.26% of the chapter's total exports in FY 2024-25. On the import side, it holds 4.28% share (rank #6).
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 2520 and GST compliance.
It includes Gypsum, Anhydrite, Plasters
If your outward supply of Gypsum, Anhydrite, Plasters 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.
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.
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.
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.
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.
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.