Consistent Export Growth: 23.16% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2821 have grown at a compound annual rate of 23.16% over 7 fiscal years, rising from ₹76.90 Crore in FY 2018-19 to ₹268.42 Crore in FY 2024-25.
HSN Sub Chapter 2821 represents Iron oxides & earth colours under GST classification. This code helps businesses identify Iron oxides & earth colours correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2821, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Iron oxides & earth colours.
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GST Rate for Iron oxides & earth colours under HSN Code 2821. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Iron oxides & earth colours.
Tariff HSN
Description
INORGANIC BASES AND OXIDES,HYDROXIDES AND PEROXIDES OF METALS : Iron oxides and hydroxides : Iron oxides
Tariff HSN
Description
INORGANIC BASES AND OXIDES,HYDROXIDES AND PEROXIDES OF METALS : Iron oxides and hydroxides : Iron hydroxides
Tariff HSN
Description
INORGANIC BASES AND OXIDES,HYDROXIDES AND PEROXIDES OF METALS : Earth colours
India’s Exports
FY 2024-25₹268 Cr
0.0072% of India’s total exports
India’s Imports
FY 2024-25₹281 Cr
0.0046% of India’s total imports
Trade Balance
FY 2024-25−₹12 Cr
Surplus rank #599 of 1233 subchapters
% of Chapter 28
FY 2024-250.78%
Share of Chapter 28’s total exports in FY 2024-25
Import side: 0.29% of Chapter 28’s imports
Rank Within Chapter 28
FY 2024-25#18 of 50
Position by export value among subchapters in Chapter 28
Import-side rank: #25 of 50
At a glance
23.16%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#644
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+47.34%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.78%
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
−179.13
Exports
76.90 ₹ Cr
0.0034% share
— YoY
0.55% of Ch. 28
Imports
256.03 ₹ Cr
0.0071% share
— YoY
0.48% of Ch. 28
Balance
−117.69
Exports
93.36 ₹ Cr
0.0042% share
+21.40% YoY
0.75% of Ch. 28
Imports
211.05 ₹ Cr
0.0063% share
−17.57% YoY
0.47% of Ch. 28
Balance
−117.06
Exports
102.15 ₹ Cr
0.0047% share
+9.42% YoY
0.83% of Ch. 28
Imports
219.21 ₹ Cr
0.0075% share
+3.87% YoY
0.43% of Ch. 28
Balance
−88.30
Exports
150.51 ₹ Cr
0.0048% share
+47.34% YoY
0.76% of Ch. 28
Imports
238.81 ₹ Cr
0.0052% share
+8.94% YoY
0.31% of Ch. 28
Balance
−64.50
Exports
218.21 ₹ Cr
0.0060% share
+44.98% YoY
0.82% of Ch. 28
Imports
282.71 ₹ Cr
0.0049% share
+18.38% YoY
0.27% of Ch. 28
Balance
−49.47
Exports
220.25 ₹ Cr
0.0061% share
+0.93% YoY
0.83% of Ch. 28
Imports
269.72 ₹ Cr
0.0048% share
−4.59% YoY
0.36% of Ch. 28
Balance
−12.20
Exports
268.42 ₹ Cr
0.0072% share
+21.87% YoY
0.78% of Ch. 28
Imports
280.62 ₹ Cr
0.0046% share
+4.04% YoY
0.29% of Ch. 28
CAGR · 7-Year
Exports
23.16% /yr
Imports
1.54% /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 2821 have grown at a compound annual rate of 23.16% over 7 fiscal years, rising from ₹76.90 Crore in FY 2018-19 to ₹268.42 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2821 ranks #644 out of 1233 subchapters by total export value. Within Chapter 28, it ranks #18 of 50. By trade surplus, it ranks #599 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2821 was recorded in FY 2021-22, when exports surged by 47.34% over the prior year.
In FY 2024-25, India's imports of ₹280.62 Cr exceeded exports of ₹268.42 Cr, resulting in a trade deficit of ₹12.20 Crore — ranking #599 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2821 have grown at 1.54% CAGR, reaching ₹280.62 Crore in FY 2024-25.
Among the 50 subchapters under Chapter 28, HSN Sub-Chapter 2821 ranks #18 by export value — accounting for 0.78% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.29% share (rank #25).
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 2821 and GST compliance.
It includes Iron oxides & earth colours
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.
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.
If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.
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.
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.
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.