3104 HSN Code: Potassic fertilisers

HSN Sub Chapter 3104 represents Potassic fertilisers under GST classification. This code helps businesses identify Potassic fertilisers correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 3104, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Potassic fertilisers.

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New GST Rate for HSN Code 3104

GST Rate for Potassic fertilisers under HSN Code 3104. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

31

HSN Code

3104

HSN Description

Mineral or chemical fertilisers, potassic

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 3104

Following tariff HSN codes fall under Potassic fertilisers.

Tariff HSN

31041000

Description

Mineral or chemical fertilisers, potassic carnallite, sylvite and other crude natural potassium salts

Tariff HSN

31042000

Description

Potassium chloride

Tariff HSN

31042000

Description

Potassium chloride (which are clearly not to be used as fertilizers)

Tariff HSN

31043000

Description

Potassium sulphate

Tariff HSN

31043000

Description

Potassium sulphate (which are clearly not to be used as fertilizers)

Tariff HSN

31049000

Description

Other

Tariff HSN

31049000

Description

Other (which are clearly not to be used as fertilizers)

India’s Trade Performance — HSN Sub-Chapter 3104 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

₹28 Cr

−77.00% vs FY 2023-24

0.0008% of India’s total exports

India’s Imports

FY 2024-25

₹11,376 Cr

+8.67% vs FY 2023-24

0.1866% of India’s total imports

Trade Balance

FY 2024-25

−₹11,348 Cr

Trade Deficit

Surplus rank #1157 of 1233 subchapters

% of Chapter 31

FY 2024-25

2.06%

Share of Chapter 31’s total exports in FY 2024-25

Import side: 16.25% of Chapter 31’s imports

Rank Within Chapter 31

FY 2024-25

#5 of 5

Position by export value among subchapters in Chapter 31

Import-side rank: #3 of 5

At a glance

−21.72%

Export CAGR

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

#970

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+416.23%

Peak Growth Year

FY 2023-24 · strongest single-year move

2.06%

Contribution to Ch. 31

Share of Chapter 31 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 3104

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 #690

Balance

−8,576.57

Exports

122.38 ₹ Cr

0.0053% share

— YoY

11.79% of Ch. 31

Imports

8,698.95 ₹ Cr

0.2422% share

— YoY

18.72% of Ch. 31

FY 2019-20 Exp. Rank #718

Balance

−8,222.48

Exports

101.48 ₹ Cr

0.0046% share

−17.08% YoY

12.13% of Ch. 31

Imports

8,323.96 ₹ Cr

0.2481% share

−4.31% YoY

17.56% of Ch. 31

FY 2020-21 Exp. Rank #791

Balance

−9,338.55

Exports

67.38 ₹ Cr

0.0031% share

−33.60% YoY

8.65% of Ch. 31

Imports

9,405.93 ₹ Cr

0.3228% share

+13.00% YoY

18.43% of Ch. 31

FY 2021-22 Exp. Rank #966

Balance

−7,696.72

Exports

20.93 ₹ Cr

0.0007% share

−68.94% YoY

3.32% of Ch. 31

Imports

7,717.65 ₹ Cr

0.1689% share

−17.95% YoY

8.10% of Ch. 31

FY 2022-23 Exp. Rank #968

Balance

−12,010.57

Exports

23.72 ₹ Cr

0.0007% share

+13.33% YoY

2.24% of Ch. 31

Imports

12,034.29 ₹ Cr

0.2093% share

+55.93% YoY

9.75% of Ch. 31

FY 2023-24 Exp. Rank #783

Balance

−10,346.02

Exports

122.45 ₹ Cr

0.0034% share

+416.23% YoY

11.37% of Ch. 31

Imports

10,468.47 ₹ Cr

0.1864% share

−13.01% YoY

14.17% of Ch. 31

FY 2024-25 Exp. Rank #970

Balance

−11,348.27

Exports

28.16 ₹ Cr

0.0008% share

−77.00% YoY

2.06% of Ch. 31

Imports

11,376.43 ₹ Cr

0.1866% share

+8.67% YoY

16.25% of Ch. 31

CAGR · 7-Year

Exports

−21.72% /yr

Imports

4.57% /yr

Consistently Deficit
Chapter 31 total

reference, FY 2024-25

Export

₹1,366.57 Cr

Import

₹70,029.99 Cr

Trade Balance

−68,663.42

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Sub-Chapter 3104 Export-Import Analysis

Export Decline: −21.72% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 3104 have declined at a compound annual rate of −21.72% over 7 fiscal years, falling from ₹122.38 Crore in FY 2018-19 to ₹28.16 Crore in FY 2024-25.

HSN Sub-Chapter 3104 Ranked #970 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 3104 ranks #970 out of 1233 subchapters by total export value. Within Chapter 31, it ranks #5 of 5. By trade surplus, it ranks #1157 of 1233.

FY 2023-24 Was the Strongest Growth Year for HSN Sub-Chapter 3104 Exports

The strongest single-year export movement for HSN Sub-Chapter 3104 was recorded in FY 2023-24, when exports surged by 416.23% over the prior year.

India Records a Trade Deficit of ₹11,348.27 Crore in HSN Sub-Chapter 3104 Goods

In FY 2024-25, India's imports of ₹11,376.43 Cr exceeded exports of ₹28.16 Cr, resulting in a trade deficit of ₹11,348.27 Crore — ranking #1157 of 1233 by surplus magnitude.

Import Growth of 4.57% CAGR Signals Stable Import Dependency for Potassic fertilisers

India's imports under HSN Sub-Chapter 3104 have grown at 4.57% CAGR, reaching ₹11,376.43 Crore in FY 2024-25.

HSN Sub-Chapter 3104 Contributes 2.06% of Chapter 31 Exports — Ranked #5

Among the 5 subchapters under Chapter 31, HSN Sub-Chapter 3104 ranks #5 by export value — accounting for 2.06% of the chapter's total exports in FY 2024-25. On the import side, it holds 16.25% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 3104 and GST compliance.

What products are classified under HSN 3104

It includes Potassic fertilisers

How are warranty replacements of Potassic fertilisers 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.

Is the composition scheme suitable if I mainly trade Potassic fertilisers?

The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.

Does MRP, weight or pack size change GST treatment for Potassic fertilisers?

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.

How do I bill a kit or combo that includes Potassic fertilisers?

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.

How should I document Potassic fertilisers sent for job work?

Use a delivery challan for sending Potassic fertilisers 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.

Can reverse charge ever apply to transactions involving Potassic fertilisers?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Potassic fertilisers are forward charge. Check the current notifications for any special cases before deciding.

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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