2816 HSN Code: Magnesium & strontium compounds

HSN Sub Chapter 2816 represents Magnesium & strontium compounds under GST classification. This code helps businesses identify Magnesium & strontium compounds correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2816, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Magnesium & strontium compounds.

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New GST Rate for HSN Code 2816

GST Rate for Magnesium & strontium compounds under HSN Code 2816. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

28

HSN Code

2816

HSN Description

Hydroxide and peroxide of magnesium;oxides, hydroxides and peroxides, of strontium or barium

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 2816

Following tariff HSN codes fall under Magnesium & strontium compounds.

Tariff HSN

28161010

Description

INORGANIC BASES AND OXIDES,HYDROXIDES AND PEROXIDES OF METALS : Hydroxide and peroxide of magnesium : Hydroxide of magnesium

Tariff HSN

28161020

Description

INORGANIC BASES AND OXIDES,HYDROXIDES AND PEROXIDES OF METALS : Hydroxide and peroxide of magnesium : Peroxide of magnesium

Tariff HSN

28164000

Description

INORGANIC BASES AND OXIDES,HYDROXIDES AND PEROXIDES OF METALS : Oxides, hydroxides and peroxides,of strontium or barium

India’s Trade Performance — HSN Sub-Chapter 2816 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

₹48 Cr

+10.70% vs FY 2023-24

0.0013% of India’s total exports

India’s Imports

FY 2024-25

₹76 Cr

+38.21% vs FY 2023-24

0.0012% of India’s total imports

Trade Balance

FY 2024-25

−₹28 Cr

Trade Deficit

Surplus rank #638 of 1233 subchapters

% of Chapter 28

FY 2024-25

0.14%

Share of Chapter 28’s total exports in FY 2024-25

Import side: 0.08% of Chapter 28’s imports

Rank Within Chapter 28

FY 2024-25

#44 of 50

Position by export value among subchapters in Chapter 28

Import-side rank: #39 of 50

At a glance

18.06%

Export CAGR

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

#917

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+55.69%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.14%

Contribution to Ch. 28

Share of Chapter 28 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 2816

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 #962

Balance

−4.69

Exports

17.61 ₹ Cr

0.0008% share

— YoY

0.13% of Ch. 28

Imports

22.30 ₹ Cr

0.0006% share

— YoY

0.04% of Ch. 28

FY 2019-20 Exp. Rank #969

Balance

−3.24

Exports

15.96 ₹ Cr

0.0007% share

−9.37% YoY

0.13% of Ch. 28

Imports

19.20 ₹ Cr

0.0006% share

−13.90% YoY

0.04% of Ch. 28

FY 2020-21 Exp. Rank #937

Balance

−2.17

Exports

21.56 ₹ Cr

0.0010% share

+35.09% YoY

0.18% of Ch. 28

Imports

23.73 ₹ Cr

0.0008% share

+23.59% YoY

0.05% of Ch. 28

FY 2021-22 Exp. Rank #929

Balance

+5.38

Exports

31.23 ₹ Cr

0.0010% share

+44.85% YoY

0.16% of Ch. 28

Imports

25.85 ₹ Cr

0.0006% share

+8.93% YoY

0.03% of Ch. 28

FY 2022-23 Exp. Rank #953

Balance

−10.61

Exports

27.67 ₹ Cr

0.0008% share

−11.40% YoY

0.10% of Ch. 28

Imports

38.28 ₹ Cr

0.0007% share

+48.09% YoY

0.04% of Ch. 28

FY 2023-24 Exp. Rank #921

Balance

−11.59

Exports

43.08 ₹ Cr

0.0012% share

+55.69% YoY

0.16% of Ch. 28

Imports

54.67 ₹ Cr

0.0010% share

+42.82% YoY

0.07% of Ch. 28

FY 2024-25 Exp. Rank #917

Balance

−27.87

Exports

47.69 ₹ Cr

0.0013% share

+10.70% YoY

0.14% of Ch. 28

Imports

75.56 ₹ Cr

0.0012% share

+38.21% YoY

0.08% of Ch. 28

CAGR · 7-Year

Exports

18.06% /yr

Imports

22.56% /yr

Consistently Deficit
Chapter 28 total

reference, FY 2024-25

Export

₹34,411.05 Cr

Import

₹96,471.59 Cr

Trade Balance

−62,060.54

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Sub-Chapter 2816 Export-Import Analysis

Consistent Export Growth: 18.06% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 2816 have grown at a compound annual rate of 18.06% over 7 fiscal years, rising from ₹17.61 Crore in FY 2018-19 to ₹47.69 Crore in FY 2024-25.

HSN Sub-Chapter 2816 Ranked #917 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 2816 ranks #917 out of 1233 subchapters by total export value. Within Chapter 28, it ranks #44 of 50. By trade surplus, it ranks #638 of 1233.

FY 2023-24 Was the Strongest Growth Year for HSN Sub-Chapter 2816 Exports

The strongest single-year export movement for HSN Sub-Chapter 2816 was recorded in FY 2023-24, when exports surged by 55.69% over the prior year.

India Records a Trade Deficit of ₹27.87 Crore in HSN Sub-Chapter 2816 Goods

In FY 2024-25, India's imports of ₹75.56 Cr exceeded exports of ₹47.69 Cr, resulting in a trade deficit of ₹27.87 Crore — ranking #638 of 1233 by surplus magnitude.

Import Growth of 22.56% CAGR Signals Rising Demand for Magnesium & strontium compounds

India's imports under HSN Sub-Chapter 2816 have grown at 22.56% CAGR, reaching ₹75.56 Crore in FY 2024-25.

HSN Sub-Chapter 2816 Contributes 0.14% of Chapter 28 Exports — Ranked #44

Among the 50 subchapters under Chapter 28, HSN Sub-Chapter 2816 ranks #44 by export value — accounting for 0.14% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.08% share (rank #39).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 2816 and GST compliance.

What products are classified under HSN 2816

It includes Magnesium & strontium compounds

Does MRP, weight or pack size change GST treatment for Magnesium & strontium compounds?

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.

Do spares or accessories of Magnesium & strontium compounds follow the same HSN?

Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.

Can I claim ITC on inputs and services used for Magnesium & strontium compounds?

If your outward supply of Magnesium & strontium compounds 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.

What are the e‑way bill and e‑invoice points while moving Magnesium & strontium compounds?

Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.

What misclassification mistakes happen with Magnesium & strontium compounds?

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.

What should my invoice and records include for Magnesium & strontium compounds?

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.

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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