Consistent Export Growth: 15.93% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2818 have grown at a compound annual rate of 15.93% over 7 fiscal years, rising from ₹4,976.77 Crore in FY 2018-19 to ₹12,081.76 Crore in FY 2024-25.
HSN Sub Chapter 2818 represents Artificial corundum & alumina under GST classification. This code helps businesses identify Artificial corundum & alumina correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2818, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Artificial corundum & alumina.
Join our guided walkthrough to see how BUSY can transform your business operations.
GST Rate for Artificial corundum & alumina under HSN Code 2818. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Artificial corundum & alumina.
Tariff HSN
Description
INORGANIC BASES AND OXIDES,HYDROXIDES AND PEROXIDES OF METALS : Artificial corundum, whether or not chemically defined
Tariff HSN
Description
INORGANIC BASES AND OXIDES,HYDROXIDES AND PEROXIDES OF METALS : Aluminium oxide, other than artificial corundum : Alumina, calcined
Tariff HSN
Description
INORGANIC BASES AND OXIDES,HYDROXIDES AND PEROXIDES OF METALS : Aluminium oxide, other than artificial corundum : Alumina, calcined (Metallurgical grade, conforming to IS 17441)
Tariff HSN
Description
INORGANIC BASES AND OXIDES,HYDROXIDES AND PEROXIDES OF METALS : Aluminium oxide, other than artificial corundum : Alumina, calcined (Non-metallurgical grade, conforming to IS 17441)
Tariff HSN
Description
INORGANIC BASES AND OXIDES,HYDROXIDES AND PEROXIDES OF METALS : Aluminium oxide, other than artificial corundum : Other
Tariff HSN
Description
INORGANIC BASES AND OXIDES,HYDROXIDES AND PEROXIDES OF METALS : Aluminium hydroxide
India’s Exports
FY 2024-25₹12,082 Cr
0.3262% of India’s total exports
India’s Imports
FY 2024-25₹10,784 Cr
0.1768% of India’s total imports
Trade Balance
FY 2024-25₹1,297 Cr
Surplus rank #165 of 1233 subchapters
% of Chapter 28
FY 2024-2535.11%
Share of Chapter 28’s total exports in FY 2024-25
Import side: 11.18% of Chapter 28’s imports
Rank Within Chapter 28
FY 2024-25#1 of 50
Position by export value among subchapters in Chapter 28
Import-side rank: #3 of 50
At a glance
15.93%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#46
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+79.90%
Peak Growth Year
FY 2024-25 · strongest single-year move
35.11%
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
−5,539.78
Exports
4,976.77 ₹ Cr
0.2168% share
— YoY
35.41% of Ch. 28
Imports
10,516.55 ₹ Cr
0.2929% share
— YoY
19.75% of Ch. 28
Balance
−1,939.65
Exports
3,265.88 ₹ Cr
0.1479% share
−34.38% YoY
26.10% of Ch. 28
Imports
5,205.53 ₹ Cr
0.1552% share
−50.50% YoY
11.56% of Ch. 28
Balance
−2,994.19
Exports
2,993.61 ₹ Cr
0.1392% share
−8.34% YoY
24.34% of Ch. 28
Imports
5,987.80 ₹ Cr
0.2055% share
+15.03% YoY
11.75% of Ch. 28
Balance
−3,634.71
Exports
4,915.27 ₹ Cr
0.1566% share
+64.19% YoY
24.82% of Ch. 28
Imports
8,549.98 ₹ Cr
0.1871% share
+42.79% YoY
11.20% of Ch. 28
Balance
−2,638.05
Exports
6,773.55 ₹ Cr
0.1871% share
+37.81% YoY
25.42% of Ch. 28
Imports
9,411.60 ₹ Cr
0.1637% share
+10.08% YoY
9.15% of Ch. 28
Balance
−2,117.54
Exports
6,715.64 ₹ Cr
0.1856% share
−0.85% YoY
25.29% of Ch. 28
Imports
8,833.18 ₹ Cr
0.1573% share
−6.15% YoY
11.68% of Ch. 28
Balance
+1,297.44
Exports
12,081.76 ₹ Cr
0.3262% share
+79.90% YoY
35.11% of Ch. 28
Imports
10,784.32 ₹ Cr
0.1768% share
+22.09% YoY
11.18% of Ch. 28
CAGR · 7-Year
Exports
15.93% /yr
Imports
0.42% /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 2818 have grown at a compound annual rate of 15.93% over 7 fiscal years, rising from ₹4,976.77 Crore in FY 2018-19 to ₹12,081.76 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2818 ranks #46 out of 1233 subchapters by total export value. Within Chapter 28, it ranks #1 of 50. By trade surplus, it ranks #165 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2818 was recorded in FY 2024-25, when exports surged by 79.90% over the prior year.
In FY 2024-25, India's exports of ₹12,081.76 Cr exceeded imports of ₹10,784.32 Cr, resulting in a trade surplus of ₹1,297.44 Crore — ranking #165 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2818 have grown at 0.42% CAGR, reaching ₹10,784.32 Crore in FY 2024-25.
Among the 50 subchapters under Chapter 28, HSN Sub-Chapter 2818 ranks #1 by export value — accounting for 35.11% of the chapter's total exports in FY 2024-25. On the import side, it holds 11.18% share (rank #3).
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 2818 and GST compliance.
It includes Artificial corundum & alumina
If your outward supply of Artificial corundum & alumina 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.
Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.
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.
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.
Use a delivery challan for sending Artificial corundum & alumina 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.
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.