Consistent Export Growth: 12.94% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2841 have grown at a compound annual rate of 12.94% over 7 fiscal years, rising from ₹307.76 Crore in FY 2018-19 to ₹638.83 Crore in FY 2024-25.
HSN Sub Chapter 2841 represents Salts of oxometallic acids under GST classification. This code helps businesses identify Salts of oxometallic acids correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2841, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Salts of oxometallic acids.
Join our guided walkthrough to see how BUSY can transform your business operations.
GST Rate for Salts of oxometallic acids under HSN Code 2841. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Salts of oxometallic acids.
Tariff HSN
Description
Salts of oxometallic or peroxometallic acids - aluminates : sodium aluminate
Tariff HSN
Description
Salts of oxometallic or peroxometallic acids - aluminates : other
Tariff HSN
Description
Salts of oxometallic or peroxometallic acids - chromates of zinc or of lead : chromates of zinc
Tariff HSN
Description
Salts of oxometallic or peroxometallic acids - chromates of zinc or of lead : chromates of lead
Tariff HSN
Description
Salts and peroxysalts, of inorganic acids and metals : Sodium dichromate
Tariff HSN
Description
Salts and peroxysalts, of inorganic acids and metals : Other chromates and dichromates; peroxochromates : Sodium chromate
Tariff HSN
Description
Salts and peroxysalts, of inorganic acids and metals : Other chromates and dichromates; peroxochromates : Other
Tariff HSN
Description
Salts and peroxysalts, of inorganic acids and metals : Manganites, manganates and permanganates : Potassium permanganate
Tariff HSN
Description
Salts and peroxysalts, of inorganic acids and metals : Manganites, manganates and permanganates : Other
Tariff HSN
Description
Salts and peroxysalts, of inorganic acids and metals : Molybdates : Aluminium molybdate
Tariff HSN
Description
Salts and peroxysalts, of inorganic acids and metals : Molybdates : Sodium molybdate
Tariff HSN
Description
Salts and peroxysalts, of inorganic acids and metals : Molybdates : Other
Tariff HSN
Description
Salts and peroxysalts, of inorganic acids and metals : Tungstates (wolframates) : Sodium tungstate
Tariff HSN
Description
Salts and peroxysalts, of inorganic acids and metals : Tungstates (wolframates) : Magnesium tungstate
Tariff HSN
Description
Salts and peroxysalts, of inorganic acids and metals : Tungstates (wolframates) : Other
Tariff HSN
Description
Salts and peroxysalts, of inorganic acids and metals : Other
India’s Exports
FY 2024-25₹639 Cr
0.0172% of India’s total exports
India’s Imports
FY 2024-25₹417 Cr
0.0068% of India’s total imports
Trade Balance
FY 2024-25₹222 Cr
Surplus rank #319 of 1233 subchapters
% of Chapter 28
FY 2024-251.86%
Share of Chapter 28’s total exports in FY 2024-25
Import side: 0.43% of Chapter 28’s imports
Rank Within Chapter 28
FY 2024-25#10 of 50
Position by export value among subchapters in Chapter 28
Import-side rank: #22 of 50
At a glance
12.94%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#480
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+98.61%
Peak Growth Year
FY 2021-22 · strongest single-year move
1.86%
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
+79.67
Exports
307.76 ₹ Cr
0.0134% share
— YoY
2.19% of Ch. 28
Imports
228.09 ₹ Cr
0.0064% share
— YoY
0.43% of Ch. 28
Balance
+73.93
Exports
267.85 ₹ Cr
0.0121% share
−12.97% YoY
2.14% of Ch. 28
Imports
193.92 ₹ Cr
0.0058% share
−14.98% YoY
0.43% of Ch. 28
Balance
+37.42
Exports
233.17 ₹ Cr
0.0108% share
−12.95% YoY
1.90% of Ch. 28
Imports
195.75 ₹ Cr
0.0067% share
+0.94% YoY
0.38% of Ch. 28
Balance
+239.12
Exports
463.11 ₹ Cr
0.0148% share
+98.61% YoY
2.34% of Ch. 28
Imports
223.99 ₹ Cr
0.0049% share
+14.43% YoY
0.29% of Ch. 28
Balance
+341.92
Exports
522.80 ₹ Cr
0.0144% share
+12.89% YoY
1.96% of Ch. 28
Imports
180.88 ₹ Cr
0.0031% share
−19.25% YoY
0.18% of Ch. 28
Balance
+250.99
Exports
609.11 ₹ Cr
0.0168% share
+16.51% YoY
2.29% of Ch. 28
Imports
358.12 ₹ Cr
0.0064% share
+97.99% YoY
0.47% of Ch. 28
Balance
+221.50
Exports
638.83 ₹ Cr
0.0172% share
+4.88% YoY
1.86% of Ch. 28
Imports
417.33 ₹ Cr
0.0068% share
+16.53% YoY
0.43% of Ch. 28
CAGR · 7-Year
Exports
12.94% /yr
Imports
10.59% /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 2841 have grown at a compound annual rate of 12.94% over 7 fiscal years, rising from ₹307.76 Crore in FY 2018-19 to ₹638.83 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2841 ranks #480 out of 1233 subchapters by total export value. Within Chapter 28, it ranks #10 of 50. By trade surplus, it ranks #319 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2841 was recorded in FY 2021-22, when exports surged by 98.61% over the prior year.
In FY 2024-25, India's exports of ₹638.83 Cr exceeded imports of ₹417.33 Cr, resulting in a trade surplus of ₹221.50 Crore — ranking #319 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2841 have grown at 10.59% CAGR, reaching ₹417.33 Crore in FY 2024-25.
Among the 50 subchapters under Chapter 28, HSN Sub-Chapter 2841 ranks #10 by export value — accounting for 1.86% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.43% share (rank #22).
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 2841 and GST compliance.
It includes Salts of oxometallic acids
Use a delivery challan for sending Salts of oxometallic acids 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.
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.
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.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Salts of oxometallic acids are forward charge. Check the current notifications for any special cases before deciding.
If your outward supply of Salts of oxometallic acids 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.