Consistent Export Growth: 8.11% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2530 have grown at a compound annual rate of 8.11% over 7 fiscal years, rising from ₹147.12 Crore in FY 2018-19 to ₹234.92 Crore in FY 2024-25.
HSN Sub Chapter 2530 represents Unspecified mineral substances under GST classification. This code helps businesses identify Unspecified mineral substances correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2530, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Unspecified mineral substances.
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GST Rate for Unspecified mineral substances under HSN Code 2530. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Unspecified mineral substances.
Tariff HSN
Description
Vermiculite, perlite and chlorites, unexpanded: Vermiculite
Tariff HSN
Description
Vermiculite, perlite and chlorites, unexpanded: Perlite
Tariff HSN
Description
Vermiculite, perlite and chlorites, unexpanded: Others (including powder)
Tariff HSN
Description
Kieserite, epsomite (natural magnesium sulphates)
Tariff HSN
Description
Other: Meerschaum (whether or not in polished kg. 10% – pieces) and amber agglomerated; meerachaum and agglomerated amber in plates, rods, etc., not worked after moulding yet
Tariff HSN
Description
Other: Natural arsenic sulphides (such as orpiment)
Tariff HSN
Description
Other: Calcite
Tariff HSN
Description
Other: Ores and concentrates of rare earth metals
Tariff HSN
Description
Other: Wollastonite
Tariff HSN
Description
Other: Earth colour ochre, crude
Tariff HSN
Description
Other: Other processed earth colour ochre
Tariff HSN
Description
Other: Other: Strontium sulphate (natural ore)
Tariff HSN
Description
Other: Other: Other
India’s Exports
FY 2024-25₹235 Cr
0.0063% of India’s total exports
India’s Imports
FY 2024-25₹839 Cr
0.0138% of India’s total imports
Trade Balance
FY 2024-25−₹604 Cr
Surplus rank #891 of 1233 subchapters
% of Chapter 25
FY 2024-251.36%
Share of Chapter 25’s total exports in FY 2024-25
Import side: 1.99% of Chapter 25’s imports
Rank Within Chapter 25
FY 2024-25#16 of 29
Position by export value among subchapters in Chapter 25
Import-side rank: #11 of 29
At a glance
8.11%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#670
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+116.61%
Peak Growth Year
FY 2021-22 · strongest single-year move
1.36%
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
−174.22
Exports
147.12 ₹ Cr
0.0064% share
— YoY
0.94% of Ch. 25
Imports
321.34 ₹ Cr
0.0089% share
— YoY
1.61% of Ch. 25
Balance
−242.43
Exports
97.85 ₹ Cr
0.0044% share
−33.49% YoY
0.69% of Ch. 25
Imports
340.28 ₹ Cr
0.0101% share
+5.89% YoY
1.83% of Ch. 25
Balance
−186.45
Exports
96.88 ₹ Cr
0.0045% share
−0.99% YoY
0.55% of Ch. 25
Imports
283.33 ₹ Cr
0.0097% share
−16.74% YoY
1.64% of Ch. 25
Balance
−288.19
Exports
209.85 ₹ Cr
0.0067% share
+116.61% YoY
1.24% of Ch. 25
Imports
498.04 ₹ Cr
0.0109% share
+75.78% YoY
1.66% of Ch. 25
Balance
−165.89
Exports
395.06 ₹ Cr
0.0109% share
+88.26% YoY
2.08% of Ch. 25
Imports
560.95 ₹ Cr
0.0098% share
+12.63% YoY
1.48% of Ch. 25
Balance
−363.62
Exports
309.27 ₹ Cr
0.0085% share
−21.72% YoY
1.68% of Ch. 25
Imports
672.89 ₹ Cr
0.0120% share
+19.96% YoY
1.91% of Ch. 25
Balance
−604.10
Exports
234.92 ₹ Cr
0.0063% share
−24.04% YoY
1.36% of Ch. 25
Imports
839.02 ₹ Cr
0.0138% share
+24.69% YoY
1.99% of Ch. 25
CAGR · 7-Year
Exports
8.11% /yr
Imports
17.35% /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 2530 have grown at a compound annual rate of 8.11% over 7 fiscal years, rising from ₹147.12 Crore in FY 2018-19 to ₹234.92 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2530 ranks #670 out of 1233 subchapters by total export value. Within Chapter 25, it ranks #16 of 29. By trade surplus, it ranks #891 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2530 was recorded in FY 2021-22, when exports surged by 116.61% over the prior year.
In FY 2024-25, India's imports of ₹839.02 Cr exceeded exports of ₹234.92 Cr, resulting in a trade deficit of ₹604.10 Crore — ranking #891 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2530 have grown at 17.35% CAGR, reaching ₹839.02 Crore in FY 2024-25.
Among the 29 subchapters under Chapter 25, HSN Sub-Chapter 2530 ranks #16 by export value — accounting for 1.36% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.99% share (rank #11).
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 2530 and GST compliance.
It includes Unspecified mineral substances
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.
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.
If your outward supply of Unspecified 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.
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.
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.