Consistent Export Growth: 11.55% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2808 have grown at a compound annual rate of 11.55% over 7 fiscal years, rising from ₹26.92 Crore in FY 2018-19 to ₹51.87 Crore in FY 2024-25.
HSN Sub Chapter 2808 represents Nitric acid; sulphonitric acids under GST classification. This code helps businesses identify Nitric acid; sulphonitric acids correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2808, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Nitric acid; sulphonitric acids.
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GST Rate for Nitric acid; sulphonitric acids under HSN Code 2808. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Nitric acid; sulphonitric acids.
India’s Exports
FY 2024-25₹52 Cr
0.0014% of India’s total exports
India’s Imports
FY 2024-25₹286 Cr
0.0047% of India’s total imports
Trade Balance
FY 2024-25−₹234 Cr
Surplus rank #798 of 1233 subchapters
% of Chapter 28
FY 2024-250.15%
Share of Chapter 28’s total exports in FY 2024-25
Import side: 0.30% of Chapter 28’s imports
Rank Within Chapter 28
FY 2024-25#43 of 50
Position by export value among subchapters in Chapter 28
Import-side rank: #24 of 50
At a glance
11.55%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#908
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+94.63%
Peak Growth Year
FY 2024-25 · strongest single-year move
0.15%
Contribution to Ch. 28
Share of Chapter 28 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
−13.78
Exports
26.92 ₹ Cr
0.0012% share
— YoY
0.19% of Ch. 28
Imports
40.70 ₹ Cr
0.0011% share
— YoY
0.08% of Ch. 28
Balance
−4.29
Exports
29.25 ₹ Cr
0.0013% share
+8.66% YoY
0.23% of Ch. 28
Imports
33.54 ₹ Cr
0.0010% share
−17.59% YoY
0.07% of Ch. 28
Balance
−5.15
Exports
31.80 ₹ Cr
0.0015% share
+8.72% YoY
0.26% of Ch. 28
Imports
36.95 ₹ Cr
0.0013% share
+10.17% YoY
0.07% of Ch. 28
Balance
−18.18
Exports
38.06 ₹ Cr
0.0012% share
+19.69% YoY
0.19% of Ch. 28
Imports
56.24 ₹ Cr
0.0012% share
+52.21% YoY
0.07% of Ch. 28
Balance
−160.49
Exports
27.45 ₹ Cr
0.0008% share
−27.88% YoY
0.10% of Ch. 28
Imports
187.94 ₹ Cr
0.0033% share
+234.18% YoY
0.18% of Ch. 28
Balance
−111.13
Exports
26.65 ₹ Cr
0.0007% share
−2.91% YoY
0.10% of Ch. 28
Imports
137.78 ₹ Cr
0.0025% share
−26.69% YoY
0.18% of Ch. 28
Balance
−234.23
Exports
51.87 ₹ Cr
0.0014% share
+94.63% YoY
0.15% of Ch. 28
Imports
286.10 ₹ Cr
0.0047% share
+107.65% YoY
0.30% of Ch. 28
CAGR · 7-Year
Exports
11.55% /yr
Imports
38.41% /yr
reference, FY 2024-25
Export
₹34,411.05 Cr
Import
₹96,471.59 Cr
Trade Balance
−62,060.54
India's exports under HSN Sub-Chapter 2808 have grown at a compound annual rate of 11.55% over 7 fiscal years, rising from ₹26.92 Crore in FY 2018-19 to ₹51.87 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2808 ranks #908 out of 1233 subchapters by total export value. Within Chapter 28, it ranks #43 of 50. By trade surplus, it ranks #798 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2808 was recorded in FY 2024-25, when exports surged by 94.63% over the prior year.
In FY 2024-25, India's imports of ₹286.10 Cr exceeded exports of ₹51.87 Cr, resulting in a trade deficit of ₹234.23 Crore — ranking #798 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2808 have grown at 38.41% CAGR, reaching ₹286.10 Crore in FY 2024-25.
Among the 50 subchapters under Chapter 28, HSN Sub-Chapter 2808 ranks #43 by export value — accounting for 0.15% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.30% share (rank #24).
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 2808 and GST compliance.
It includes Nitric acid; sulphonitric acids
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Nitric acid; sulphonitric acids 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.
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.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Nitric acid; sulphonitric acids are forward charge. Check the current notifications for any special cases before deciding.