Consistent Export Growth: 32.15% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 9802 have grown at a compound annual rate of 32.15% over 7 fiscal years, rising from ₹16.34 Crore in FY 2018-19 to ₹87.04 Crore in FY 2024-25.
HSN Sub Chapter 9802 represents Laboratory chemicals under GST classification. This code helps businesses identify Laboratory chemicals correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 9802, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Laboratory chemicals.
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GST Rate for Laboratory chemicals under HSN Code 9802. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Laboratory chemicals.
Tariff HSN
Description
Laboratory chemicals
India’s Exports
FY 2024-25₹87 Cr
0.0024% of India’s total exports
India’s Imports
FY 2024-25₹620 Cr
0.0102% of India’s total imports
Trade Balance
FY 2024-25−₹533 Cr
Surplus rank #873 of 1233 subchapters
% of Chapter 98
FY 2024-2561.86%
Share of Chapter 98’s total exports in FY 2024-25
Import side: 6.30% of Chapter 98’s imports
Rank Within Chapter 98
FY 2024-25#1 of 5
Position by export value among subchapters in Chapter 98
Import-side rank: #2 of 5
At a glance
32.15%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#842
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+148.43%
Peak Growth Year
FY 2020-21 · strongest single-year move
61.86%
Contribution to Ch. 98
Share of Chapter 98 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
−23.55
Exports
16.34 ₹ Cr
0.0007% share
— YoY
5.48% of Ch. 98
Imports
39.89 ₹ Cr
0.0011% share
— YoY
0.24% of Ch. 98
Balance
−41.40
Exports
14.35 ₹ Cr
0.0006% share
−12.18% YoY
3.63% of Ch. 98
Imports
55.75 ₹ Cr
0.0017% share
+39.76% YoY
0.38% of Ch. 98
Balance
−68.59
Exports
35.65 ₹ Cr
0.0017% share
+148.43% YoY
58.32% of Ch. 98
Imports
104.24 ₹ Cr
0.0036% share
+86.98% YoY
0.90% of Ch. 98
Balance
−133.52
Exports
47.26 ₹ Cr
0.0015% share
+32.57% YoY
54.51% of Ch. 98
Imports
180.78 ₹ Cr
0.0040% share
+73.43% YoY
1.62% of Ch. 98
Balance
−303.63
Exports
112.02 ₹ Cr
0.0031% share
+137.03% YoY
79.65% of Ch. 98
Imports
415.65 ₹ Cr
0.0072% share
+129.92% YoY
2.92% of Ch. 98
Balance
−566.76
Exports
134.52 ₹ Cr
0.0037% share
+20.09% YoY
65.52% of Ch. 98
Imports
701.28 ₹ Cr
0.0125% share
+68.72% YoY
5.77% of Ch. 98
Balance
−532.87
Exports
87.04 ₹ Cr
0.0024% share
−35.30% YoY
61.86% of Ch. 98
Imports
619.91 ₹ Cr
0.0102% share
−11.60% YoY
6.30% of Ch. 98
CAGR · 7-Year
Exports
32.15% /yr
Imports
57.97% /yr
reference, FY 2024-25
Export
₹140.70 Cr
Import
₹9,844.80 Cr
Trade Balance
−9,704.10
India's exports under HSN Sub-Chapter 9802 have grown at a compound annual rate of 32.15% over 7 fiscal years, rising from ₹16.34 Crore in FY 2018-19 to ₹87.04 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 9802 ranks #842 out of 1233 subchapters by total export value. Within Chapter 98, it ranks #1 of 5. By trade surplus, it ranks #873 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 9802 was recorded in FY 2020-21, when exports surged by 148.43% over the prior year.
In FY 2024-25, India's imports of ₹619.91 Cr exceeded exports of ₹87.04 Cr, resulting in a trade deficit of ₹532.87 Crore — ranking #873 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 9802 have grown at 57.97% CAGR, reaching ₹619.91 Crore in FY 2024-25.
Among the 5 subchapters under Chapter 98, HSN Sub-Chapter 9802 ranks #1 by export value — accounting for 61.86% of the chapter's total exports in FY 2024-25. On the import side, it holds 6.30% share (rank #2).
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 9802 and GST compliance.
It includes Laboratory chemicals
If your outward supply of Laboratory chemicals 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.
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 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.
Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.
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.