Consistent Export Growth: 33.29% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 3602 have grown at a compound annual rate of 33.29% over 7 fiscal years, rising from ₹256.65 Crore in FY 2018-19 to ₹1,439.05 Crore in FY 2024-25.
HSN Sub Chapter 3602 represents Prepared explosives under GST classification. This code helps businesses identify Prepared explosives correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 3602, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Prepared explosives.
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GST Rate for Prepared explosives under HSN Code 3602. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Prepared explosives.
India’s Exports
FY 2024-25₹1,439 Cr
0.0389% of India’s total exports
India’s Imports
FY 2024-25₹55 Cr
0.0009% of India’s total imports
Trade Balance
FY 2024-25₹1,384 Cr
Surplus rank #160 of 1233 subchapters
% of Chapter 36
FY 2024-2544.31%
Share of Chapter 36’s total exports in FY 2024-25
Import side: 27.64% of Chapter 36’s imports
Rank Within Chapter 36
FY 2024-25#1 of 6
Position by export value among subchapters in Chapter 36
Import-side rank: #1 of 6
At a glance
33.29%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#326
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+85.34%
Peak Growth Year
FY 2022-23 · strongest single-year move
44.31%
Contribution to Ch. 36
Share of Chapter 36 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
+206.84
Exports
256.65 ₹ Cr
0.0112% share
— YoY
30.37% of Ch. 36
Imports
49.81 ₹ Cr
0.0014% share
— YoY
70.10% of Ch. 36
Balance
+206.20
Exports
231.48 ₹ Cr
0.0105% share
−9.81% YoY
27.82% of Ch. 36
Imports
25.28 ₹ Cr
0.0008% share
−49.25% YoY
48.37% of Ch. 36
Balance
+186.39
Exports
221.34 ₹ Cr
0.0103% share
−4.38% YoY
23.22% of Ch. 36
Imports
34.95 ₹ Cr
0.0012% share
+38.25% YoY
53.02% of Ch. 36
Balance
+231.90
Exports
292.08 ₹ Cr
0.0093% share
+31.96% YoY
27.34% of Ch. 36
Imports
60.18 ₹ Cr
0.0013% share
+72.19% YoY
65.79% of Ch. 36
Balance
+471.96
Exports
541.35 ₹ Cr
0.0150% share
+85.34% YoY
34.99% of Ch. 36
Imports
69.39 ₹ Cr
0.0012% share
+15.30% YoY
58.11% of Ch. 36
Balance
+735.53
Exports
826.29 ₹ Cr
0.0228% share
+52.64% YoY
42.42% of Ch. 36
Imports
90.76 ₹ Cr
0.0016% share
+30.80% YoY
53.37% of Ch. 36
Balance
+1,384.16
Exports
1,439.05 ₹ Cr
0.0389% share
+74.16% YoY
44.31% of Ch. 36
Imports
54.89 ₹ Cr
0.0009% share
−39.52% YoY
27.64% of Ch. 36
CAGR · 7-Year
Exports
33.29% /yr
Imports
1.63% /yr
reference, FY 2024-25
Export
₹3,247.98 Cr
Import
₹198.62 Cr
Trade Balance
+3,049.36
India's exports under HSN Sub-Chapter 3602 have grown at a compound annual rate of 33.29% over 7 fiscal years, rising from ₹256.65 Crore in FY 2018-19 to ₹1,439.05 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 3602 ranks #326 out of 1233 subchapters by total export value. Within Chapter 36, it ranks #1 of 6. By trade surplus, it ranks #160 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 3602 was recorded in FY 2022-23, when exports surged by 85.34% over the prior year.
In FY 2024-25, India's exports of ₹1,439.05 Cr exceeded imports of ₹54.89 Cr, resulting in a trade surplus of ₹1,384.16 Crore — ranking #160 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 3602 have grown at 1.63% CAGR, reaching ₹54.89 Crore in FY 2024-25.
Among the 6 subchapters under Chapter 36, HSN Sub-Chapter 3602 ranks #1 by export value — accounting for 44.31% of the chapter's total exports in FY 2024-25. On the import side, it holds 27.64% share (rank #1).
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 3602 and GST compliance.
It includes Prepared explosives
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.
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.
If your outward supply of Prepared explosives 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.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Prepared explosives are forward charge. Check the current notifications for any special cases before deciding.
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.