2529 HSN Code: Mineral substances

HSN Sub Chapter 2529 represents Mineral substances under GST classification. This code helps businesses identify Mineral substances correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2529, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Mineral substances.

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New GST Rate for HSN Code 2529

GST Rate for Mineral substances under HSN Code 2529. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

25

HSN Code

HSN Description

Feldspar; leucite; nepheline and nepheline syenite; fluorspar

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 2529

Following tariff HSN codes fall under Mineral substances.

Tariff HSN

Description

Feldspar: Lumps

Tariff HSN

Description

Feldspar: Powder

Tariff HSN

Description

Fluorspar: Containing by weight 97% or less of calcium fluoride

Tariff HSN

Description

Fluorspar: Containing by weight more than 97% of calcium fluoride

Tariff HSN

Description

Leucite; nepheline and nepheline syenite

India’s Trade Performance — HSN Sub-Chapter 2529 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

₹549 Cr

+5.32% vs FY 2023-24

0.0148% of India’s total exports

India’s Imports

FY 2024-25

₹1,313 Cr

+25.47% vs FY 2023-24

0.0215% of India’s total imports

Trade Balance

FY 2024-25

−₹764 Cr

Trade Deficit

Surplus rank #926 of 1233 subchapters

% of Chapter 25

FY 2024-25

3.18%

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

Import side: 3.12% of Chapter 25’s imports

Rank Within Chapter 25

FY 2024-25

#9 of 29

Position by export value among subchapters in Chapter 25

Import-side rank: #8 of 29

At a glance

8.66%

Export CAGR

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

#515

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+20.64%

Peak Growth Year

FY 2020-21 · strongest single-year move

3.18%

Contribution to Ch. 25

Share of Chapter 25 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 2529

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 #496

Balance

−404.84

Exports

333.40 ₹ Cr

0.0145% share

YoY

2.14% of Ch. 25

Imports

738.24 ₹ Cr

0.0206% share

YoY

3.70% of Ch. 25

FY 2019-20 Exp. Rank #507

Balance

−404.99

Exports

327.73 ₹ Cr

0.0148% share

−1.70% YoY

2.31% of Ch. 25

Imports

732.72 ₹ Cr

0.0218% share

−0.75% YoY

3.94% of Ch. 25

FY 2020-21 Exp. Rank #474

Balance

−221.60

Exports

395.36 ₹ Cr

0.0184% share

+20.64% YoY

2.24% of Ch. 25

Imports

616.96 ₹ Cr

0.0212% share

−15.80% YoY

3.56% of Ch. 25

FY 2021-22 Exp. Rank #516

Balance

−360.85

Exports

423.80 ₹ Cr

0.0135% share

+7.19% YoY

2.50% of Ch. 25

Imports

784.65 ₹ Cr

0.0172% share

+27.18% YoY

2.61% of Ch. 25

FY 2022-23 Exp. Rank #541

Balance

−720.43

Exports

435.81 ₹ Cr

0.0120% share

+2.83% YoY

2.29% of Ch. 25

Imports

1,156.24 ₹ Cr

0.0201% share

+47.36% YoY

3.05% of Ch. 25

FY 2023-24 Exp. Rank #511

Balance

−525.60

Exports

521.16 ₹ Cr

0.0144% share

+19.58% YoY

2.83% of Ch. 25

Imports

1,046.76 ₹ Cr

0.0186% share

−9.47% YoY

2.97% of Ch. 25

FY 2024-25 Exp. Rank #515

Balance

−764.48

Exports

548.91 ₹ Cr

0.0148% share

+5.32% YoY

3.18% of Ch. 25

Imports

1,313.39 ₹ Cr

0.0215% share

+25.47% YoY

3.12% of Ch. 25

CAGR · 7-Year

Exports

8.66% /yr

Imports

10.08% /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 2529 Export-Import Analysis

Consistent Export Growth: 8.66% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 2529 have grown at a compound annual rate of 8.66% over 7 fiscal years, rising from ₹333.40 Crore in FY 2018-19 to ₹548.91 Crore in FY 2024-25.

HSN Sub-Chapter 2529 Ranked #515 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 2529 ranks #515 out of 1233 subchapters by total export value. Within Chapter 25, it ranks #9 of 29. By trade surplus, it ranks #926 of 1233.

FY 2020-21 Was the Strongest Growth Year for HSN Sub-Chapter 2529 Exports

The strongest single-year export movement for HSN Sub-Chapter 2529 was recorded in FY 2020-21, when exports surged by 20.64% over the prior year.

India Records a Trade Deficit of ₹764.48 Crore in HSN Sub-Chapter 2529 Goods

In FY 2024-25, India's imports of ₹1,313.39 Cr exceeded exports of ₹548.91 Cr, resulting in a trade deficit of ₹764.48 Crore — ranking #926 of 1233 by surplus magnitude.

Import Growth of 10.08% CAGR Signals Rising Demand for Mineral substances

India's imports under HSN Sub-Chapter 2529 have grown at 10.08% CAGR, reaching ₹1,313.39 Crore in FY 2024-25.

HSN Sub-Chapter 2529 Contributes 3.18% of Chapter 25 Exports — Ranked #9

Among the 29 subchapters under Chapter 25, HSN Sub-Chapter 2529 ranks #9 by export value — accounting for 3.18% of the chapter's total exports in FY 2024-25. On the import side, it holds 3.12% share (rank #8).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 2529 and GST compliance.

What products are classified under HSN 2529

It includes Mineral substances

Does MRP, weight or pack size change GST treatment for Mineral substances?

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 misclassification mistakes happen with Mineral substances?

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.

Does packaging or branding change how GST applies to Mineral substances?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Mineral substances 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.

Can I claim ITC on inputs and services used for Mineral substances?

If your outward supply of Mineral substances 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 Mineral substances sent for job work?

Use a delivery challan for sending Mineral substances 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.

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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