2840 HSN Code: Borates; peroxoborates (perborates)

HSN Sub Chapter 2840 represents Borates; peroxoborates (perborates) under GST classification. This code helps businesses identify Borates; peroxoborates (perborates) correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2840, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Borates; peroxoborates (perborates).

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New GST Rate for HSN Code 2840

GST Rate for Borates; peroxoborates (perborates) under HSN Code 2840. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

28

HSN Code

2840

HSN Description

Borates; peroxoborates (perborates)

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 2840

Following tariff HSN codes fall under Borates; peroxoborates (perborates).

Tariff HSN

28401100

Description

SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Disodium tetraborate (refined borax) : Anhydrous

Tariff HSN

28401900

Description

SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Disodium tetraborate (refined borax) : Other

Tariff HSN

28402010

Description

SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Other borates : Magnesium borate

Tariff HSN

28402090

Description

SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Other borates : Other

Tariff HSN

28403000

Description

SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Peroxoborates (perborates)

India’s Trade Performance — HSN Sub-Chapter 2840 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

₹69 Cr

+10.39% vs FY 2023-24

0.0019% of India’s total exports

India’s Imports

FY 2024-25

₹927 Cr

+29.66% vs FY 2023-24

0.0152% of India’s total imports

Trade Balance

FY 2024-25

−₹858 Cr

Trade Deficit

Surplus rank #937 of 1233 subchapters

% of Chapter 28

FY 2024-25

0.20%

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

Import side: 0.96% of Chapter 28’s imports

Rank Within Chapter 28

FY 2024-25

#39 of 50

Position by export value among subchapters in Chapter 28

Import-side rank: #13 of 50

At a glance

19.49%

Export CAGR

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

#872

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+59.66%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.20%

Contribution to Ch. 28

Share of Chapter 28 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 2840

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 #930

Balance

−344.38

Exports

23.62 ₹ Cr

0.0010% share

— YoY

0.17% of Ch. 28

Imports

368.00 ₹ Cr

0.0102% share

— YoY

0.69% of Ch. 28

FY 2019-20 Exp. Rank #885

Balance

−313.39

Exports

35.31 ₹ Cr

0.0016% share

+49.49% YoY

0.28% of Ch. 28

Imports

348.70 ₹ Cr

0.0104% share

−5.24% YoY

0.77% of Ch. 28

FY 2020-21 Exp. Rank #862

Balance

−381.46

Exports

40.90 ₹ Cr

0.0019% share

+15.83% YoY

0.33% of Ch. 28

Imports

422.36 ₹ Cr

0.0145% share

+21.12% YoY

0.83% of Ch. 28

FY 2021-22 Exp. Rank #841

Balance

−441.01

Exports

65.30 ₹ Cr

0.0021% share

+59.66% YoY

0.33% of Ch. 28

Imports

506.31 ₹ Cr

0.0111% share

+19.88% YoY

0.66% of Ch. 28

FY 2022-23 Exp. Rank #832

Balance

−645.51

Exports

81.19 ₹ Cr

0.0022% share

+24.33% YoY

0.30% of Ch. 28

Imports

726.70 ₹ Cr

0.0126% share

+43.53% YoY

0.71% of Ch. 28

FY 2023-24 Exp. Rank #876

Balance

−652.41

Exports

62.27 ₹ Cr

0.0017% share

−23.30% YoY

0.23% of Ch. 28

Imports

714.68 ₹ Cr

0.0127% share

−1.65% YoY

0.94% of Ch. 28

FY 2024-25 Exp. Rank #872

Balance

−857.88

Exports

68.74 ₹ Cr

0.0019% share

+10.39% YoY

0.20% of Ch. 28

Imports

926.62 ₹ Cr

0.0152% share

+29.66% YoY

0.96% of Ch. 28

CAGR · 7-Year

Exports

19.49% /yr

Imports

16.64% /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 2840 Export-Import Analysis

Consistent Export Growth: 19.49% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 2840 have grown at a compound annual rate of 19.49% over 7 fiscal years, rising from ₹23.62 Crore in FY 2018-19 to ₹68.74 Crore in FY 2024-25.

HSN Sub-Chapter 2840 Ranked #872 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 2840 ranks #872 out of 1233 subchapters by total export value. Within Chapter 28, it ranks #39 of 50. By trade surplus, it ranks #937 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 2840 Exports

The strongest single-year export movement for HSN Sub-Chapter 2840 was recorded in FY 2021-22, when exports surged by 59.66% over the prior year.

India Records a Trade Deficit of ₹857.88 Crore in HSN Sub-Chapter 2840 Goods

In FY 2024-25, India's imports of ₹926.62 Cr exceeded exports of ₹68.74 Cr, resulting in a trade deficit of ₹857.88 Crore — ranking #937 of 1233 by surplus magnitude.

Import Growth of 16.64% CAGR Signals Rising Demand for Borates; peroxoborates (perborates)

India's imports under HSN Sub-Chapter 2840 have grown at 16.64% CAGR, reaching ₹926.62 Crore in FY 2024-25.

HSN Sub-Chapter 2840 Contributes 0.20% of Chapter 28 Exports — Ranked #39

Among the 50 subchapters under Chapter 28, HSN Sub-Chapter 2840 ranks #39 by export value — accounting for 0.20% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.96% share (rank #13).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 2840 and GST compliance.

What products are classified under HSN 2840

It includes Borates; peroxoborates (perborates)

How should I document Borates; peroxoborates (perborates) sent for job work?

Use a delivery challan for sending Borates; peroxoborates (perborates) 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.

Does MRP, weight or pack size change GST treatment for Borates; peroxoborates (perborates)?

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.

Can I claim ITC on inputs and services used for Borates; peroxoborates (perborates)?

If your outward supply of Borates; peroxoborates (perborates) 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.

Any special steps when selling Borates; peroxoborates (perborates) through an e‑commerce platform?

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.

How are warranty replacements of Borates; peroxoborates (perborates) handled?

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.

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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