Consistent Export Growth: 13.24% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2842 have grown at a compound annual rate of 13.24% over 7 fiscal years, rising from ₹92.75 Crore in FY 2018-19 to ₹195.58 Crore in FY 2024-25.
HSN Sub Chapter 2842 represents Inorganic salts under GST classification. This code helps businesses identify Inorganic salts correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2842, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Inorganic salts.
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GST Rate for Inorganic salts under HSN Code 2842. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Inorganic salts.
Tariff HSN
Description
Salts and peroxysalts, of inorganic acids and metals : Double or complex silicates,including aluminosilicates,whether or not chemically defined
Tariff HSN
Description
Salts and peroxysalts, of inorganic acids and metals : Other : Arsenites and arsenates
Tariff HSN
Description
Salts and peroxysalts, of inorganic acids and metals : Other : Bichromates and dichromates
Tariff HSN
Description
Salts and peroxysalts, of inorganic acids and metals : Other : Other
India’s Exports
FY 2024-25₹196 Cr
0.0053% of India’s total exports
India’s Imports
FY 2024-25₹815 Cr
0.0134% of India’s total imports
Trade Balance
FY 2024-25−₹619 Cr
Surplus rank #895 of 1233 subchapters
% of Chapter 28
FY 2024-250.57%
Share of Chapter 28’s total exports in FY 2024-25
Import side: 0.84% of Chapter 28’s imports
Rank Within Chapter 28
FY 2024-25#26 of 50
Position by export value among subchapters in Chapter 28
Import-side rank: #17 of 50
At a glance
13.24%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#705
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+34.06%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.57%
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
−26.57
Exports
92.75 ₹ Cr
0.0040% share
— YoY
0.66% of Ch. 28
Imports
119.32 ₹ Cr
0.0033% share
— YoY
0.22% of Ch. 28
Balance
−120.71
Exports
95.56 ₹ Cr
0.0043% share
+3.03% YoY
0.76% of Ch. 28
Imports
216.27 ₹ Cr
0.0064% share
+81.25% YoY
0.48% of Ch. 28
Balance
−213.04
Exports
97.56 ₹ Cr
0.0045% share
+2.09% YoY
0.79% of Ch. 28
Imports
310.60 ₹ Cr
0.0107% share
+43.62% YoY
0.61% of Ch. 28
Balance
−199.97
Exports
130.79 ₹ Cr
0.0042% share
+34.06% YoY
0.66% of Ch. 28
Imports
330.76 ₹ Cr
0.0072% share
+6.49% YoY
0.43% of Ch. 28
Balance
−306.91
Exports
145.17 ₹ Cr
0.0040% share
+10.99% YoY
0.54% of Ch. 28
Imports
452.08 ₹ Cr
0.0079% share
+36.68% YoY
0.44% of Ch. 28
Balance
−606.01
Exports
183.50 ₹ Cr
0.0051% share
+26.40% YoY
0.69% of Ch. 28
Imports
789.51 ₹ Cr
0.0141% share
+74.64% YoY
1.04% of Ch. 28
Balance
−619.31
Exports
195.58 ₹ Cr
0.0053% share
+6.58% YoY
0.57% of Ch. 28
Imports
814.89 ₹ Cr
0.0134% share
+3.21% YoY
0.84% of Ch. 28
CAGR · 7-Year
Exports
13.24% /yr
Imports
37.74% /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 2842 have grown at a compound annual rate of 13.24% over 7 fiscal years, rising from ₹92.75 Crore in FY 2018-19 to ₹195.58 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2842 ranks #705 out of 1233 subchapters by total export value. Within Chapter 28, it ranks #26 of 50. By trade surplus, it ranks #895 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2842 was recorded in FY 2021-22, when exports surged by 34.06% over the prior year.
In FY 2024-25, India's imports of ₹814.89 Cr exceeded exports of ₹195.58 Cr, resulting in a trade deficit of ₹619.31 Crore — ranking #895 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2842 have grown at 37.74% CAGR, reaching ₹814.89 Crore in FY 2024-25.
Among the 50 subchapters under Chapter 28, HSN Sub-Chapter 2842 ranks #26 by export value — accounting for 0.57% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.84% share (rank #17).
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 2842 and GST compliance.
It includes Inorganic salts
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Inorganic salts is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.
If your outward supply of Inorganic salts 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.
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.
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.