Consistent Export Growth: 10.44% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2823 have grown at a compound annual rate of 10.44% over 7 fiscal years, rising from ₹325.54 Crore in FY 2018-19 to ₹590.60 Crore in FY 2024-25.
HSN Sub Chapter 2823 represents Titanium oxides under GST classification. This code helps businesses identify Titanium oxides correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2823, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Titanium oxides.
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GST Rate for Titanium oxides under HSN Code 2823. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Titanium oxides.
India’s Exports
FY 2024-25₹591 Cr
0.0159% of India’s total exports
India’s Imports
FY 2024-25₹508 Cr
0.0083% of India’s total imports
Trade Balance
FY 2024-25₹82 Cr
Surplus rank #400 of 1233 subchapters
% of Chapter 28
FY 2024-251.72%
Share of Chapter 28’s total exports in FY 2024-25
Import side: 0.53% of Chapter 28’s imports
Rank Within Chapter 28
FY 2024-25#12 of 50
Position by export value among subchapters in Chapter 28
Import-side rank: #21 of 50
At a glance
10.44%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#502
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+77.90%
Peak Growth Year
FY 2021-22 · strongest single-year move
1.72%
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
+34.81
Exports
325.54 ₹ Cr
0.0142% share
— YoY
2.32% of Ch. 28
Imports
290.73 ₹ Cr
0.0081% share
— YoY
0.55% of Ch. 28
Balance
+61.49
Exports
377.91 ₹ Cr
0.0171% share
+16.09% YoY
3.02% of Ch. 28
Imports
316.42 ₹ Cr
0.0094% share
+8.84% YoY
0.70% of Ch. 28
Balance
+41.13
Exports
299.06 ₹ Cr
0.0139% share
−20.86% YoY
2.43% of Ch. 28
Imports
257.93 ₹ Cr
0.0089% share
−18.48% YoY
0.51% of Ch. 28
Balance
+162.50
Exports
532.02 ₹ Cr
0.0170% share
+77.90% YoY
2.69% of Ch. 28
Imports
369.52 ₹ Cr
0.0081% share
+43.26% YoY
0.48% of Ch. 28
Balance
+45.26
Exports
596.14 ₹ Cr
0.0165% share
+12.05% YoY
2.24% of Ch. 28
Imports
550.88 ₹ Cr
0.0096% share
+49.08% YoY
0.54% of Ch. 28
Balance
−105.99
Exports
380.24 ₹ Cr
0.0105% share
−36.22% YoY
1.43% of Ch. 28
Imports
486.23 ₹ Cr
0.0087% share
−11.74% YoY
0.64% of Ch. 28
Balance
+82.33
Exports
590.60 ₹ Cr
0.0159% share
+55.32% YoY
1.72% of Ch. 28
Imports
508.27 ₹ Cr
0.0083% share
+4.53% YoY
0.53% of Ch. 28
CAGR · 7-Year
Exports
10.44% /yr
Imports
9.76% /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 2823 have grown at a compound annual rate of 10.44% over 7 fiscal years, rising from ₹325.54 Crore in FY 2018-19 to ₹590.60 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2823 ranks #502 out of 1233 subchapters by total export value. Within Chapter 28, it ranks #12 of 50. By trade surplus, it ranks #400 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2823 was recorded in FY 2021-22, when exports surged by 77.90% over the prior year.
In FY 2024-25, India's exports of ₹590.60 Cr exceeded imports of ₹508.27 Cr, resulting in a trade surplus of ₹82.33 Crore — ranking #400 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2823 have grown at 9.76% CAGR, reaching ₹508.27 Crore in FY 2024-25.
Among the 50 subchapters under Chapter 28, HSN Sub-Chapter 2823 ranks #12 by export value — accounting for 1.72% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.53% share (rank #21).
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 2823 and GST compliance.
It includes Titanium oxides
Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.
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.
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.
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 Titanium oxides 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.