Consistent Export Growth: 3.49% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2849 have grown at a compound annual rate of 3.49% over 7 fiscal years, rising from ₹78.88 Crore in FY 2018-19 to ₹96.93 Crore in FY 2024-25.
HSN Sub Chapter 2849 represents Carbides under GST classification. This code helps businesses identify Carbides correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2849, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Carbides.
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GST Rate for Carbides under HSN Code 2849. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Carbides.
Tariff HSN
Description
MISCELLANEOUS : Of calcium
Tariff HSN
Description
MISCELLANEOUS : Of silicon : Carborundum
Tariff HSN
Description
MISCELLANEOUS : Of silicon : Other
Tariff HSN
Description
MISCELLANEOUS : Other : Boron carbide
Tariff HSN
Description
MISCELLANEOUS : Other : Tungsten carbide
Tariff HSN
Description
MISCELLANEOUS : Other : Other
India’s Exports
FY 2024-25₹97 Cr
0.0026% of India’s total exports
India’s Imports
FY 2024-25₹828 Cr
0.0136% of India’s total imports
Trade Balance
FY 2024-25−₹731 Cr
Surplus rank #919 of 1233 subchapters
% of Chapter 28
FY 2024-250.28%
Share of Chapter 28’s total exports in FY 2024-25
Import side: 0.86% of Chapter 28’s imports
Rank Within Chapter 28
FY 2024-25#37 of 50
Position by export value among subchapters in Chapter 28
Import-side rank: #15 of 50
At a glance
3.49%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#830
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+51.69%
Peak Growth Year
FY 2024-25 · strongest single-year move
0.28%
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
−612.34
Exports
78.88 ₹ Cr
0.0034% share
— YoY
0.56% of Ch. 28
Imports
691.22 ₹ Cr
0.0192% share
— YoY
1.30% of Ch. 28
Balance
−444.52
Exports
62.49 ₹ Cr
0.0028% share
−20.78% YoY
0.50% of Ch. 28
Imports
507.01 ₹ Cr
0.0151% share
−26.65% YoY
1.13% of Ch. 28
Balance
−470.49
Exports
62.09 ₹ Cr
0.0029% share
−0.64% YoY
0.50% of Ch. 28
Imports
532.58 ₹ Cr
0.0183% share
+5.04% YoY
1.05% of Ch. 28
Balance
−677.20
Exports
81.06 ₹ Cr
0.0026% share
+30.55% YoY
0.41% of Ch. 28
Imports
758.26 ₹ Cr
0.0166% share
+42.37% YoY
0.99% of Ch. 28
Balance
−793.77
Exports
85.20 ₹ Cr
0.0024% share
+5.11% YoY
0.32% of Ch. 28
Imports
878.97 ₹ Cr
0.0153% share
+15.92% YoY
0.85% of Ch. 28
Balance
−763.42
Exports
63.90 ₹ Cr
0.0018% share
−25.00% YoY
0.24% of Ch. 28
Imports
827.32 ₹ Cr
0.0147% share
−5.88% YoY
1.09% of Ch. 28
Balance
−730.58
Exports
96.93 ₹ Cr
0.0026% share
+51.69% YoY
0.28% of Ch. 28
Imports
827.51 ₹ Cr
0.0136% share
+0.02% YoY
0.86% of Ch. 28
CAGR · 7-Year
Exports
3.49% /yr
Imports
3.04% /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 2849 have grown at a compound annual rate of 3.49% over 7 fiscal years, rising from ₹78.88 Crore in FY 2018-19 to ₹96.93 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2849 ranks #830 out of 1233 subchapters by total export value. Within Chapter 28, it ranks #37 of 50. By trade surplus, it ranks #919 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2849 was recorded in FY 2024-25, when exports surged by 51.69% over the prior year.
In FY 2024-25, India's imports of ₹827.51 Cr exceeded exports of ₹96.93 Cr, resulting in a trade deficit of ₹730.58 Crore — ranking #919 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2849 have grown at 3.04% CAGR, reaching ₹827.51 Crore in FY 2024-25.
Among the 50 subchapters under Chapter 28, HSN Sub-Chapter 2849 ranks #37 by export value — accounting for 0.28% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.86% share (rank #15).
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 2849 and GST compliance.
It includes Carbides
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Carbides 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.
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.
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.
If your outward supply of Carbides 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.