HSN Code 26011111: Iron Ore Lumps (60-<62% Fe)

HSN Code 26011111 represents Iron Ore Lumps (60-<62% Fe) under GST classification. This code helps businesses identify Iron Ore Lumps (60-<62% Fe) correctly for billing, taxation, and trade. With HSN Code 26011111, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Iron Ore Lumps (60-<62% Fe).

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Description of Goods for HSN Code 26011111

HSN Code 26011111 relates to the following description.

Description of Goods

Iron ores and concentrates, other than roasted iron pyrites : Non-agglomerated : Iron ore lumps (60% Fe or more) : 60% Fe or more but below 62% Fe

Chapter

26 - Ores, slag and ash

Sub Chapter

2601 - Iron ores and concentrates,including roasted iron pyrites

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 26011111 not include?

Iron Ore Lumps (60-<62% Fe) does not include products with the following descriptions.

Iron ores and concentrates, other than roasted iron pyrites : Non-agglomerated : Iron ore lumps (60% Fe or more) : 62% Fe or more but below 65% Fe

Iron ores and concentrates, other than roasted iron pyrites : Non-agglomerated : Iron ore lumps (60% Fe or more) : 65% Fe and above

Iron ores and concentrates, other than roasted iron pyrites : Non-agglomerated : Iron ore lumps (below 60% Fe, including black iron ore containing upto 10% Mn) : below 55% Fe

Iron ores and concentrates, other than roasted iron pyrites : Non-agglomerated : Iron ore lumps (below 60% Fe, including black iron ore containing upto 10% Mn) : 55% Fe or more but below 58% Fe

Iron ores and concentrates, other than roasted iron pyrites : Non-agglomerated : Iron ore lumps (below 60% Fe, including black iron ore containing upto 10% Mn) : 58% Fe or more but below 60% Fe

Iron ores and concentrates, other than roasted iron pyrites : Non-agglomerated : Iron ore fines (62% Fe or more ) : 62% Fe or more but below 65% Fe

Iron ores and concentrates, other than roasted iron pyrites : Non-agglomerated : Iron ore fines (62% Fe or more ) : 65% Fe and above

Iron ores and concentrates, other than roasted iron pyrites : Non-agglomerated : Iron ore Fines (below 62% Fe) : below 55% Fe

Iron ores and concentrates, other than roasted iron pyrites : Non-agglomerated : Iron ore Fines (below 62% Fe) : 55% Fe or more but below 58% Fe

Iron ores and concentrates, other than roasted iron pyrites : Non-agglomerated : Iron ore Fines (below 62% Fe) : 58% Fe or more but below 60% Fe

Iron ores and concentrates, other than roasted iron pyrites : Non-agglomerated : Iron ore Fines (below 62% Fe) : 60% Fe or more but below 62% Fe

Iron ores and concentrates, other than roasted iron pyrites : Non-agglomerated : Iron ore concentrate

Iron ores and concentrates, other than roasted iron pyrites : Non-agglomerated : Other

Iron ores and concentrates, other than roasted iron pyrites : Agglomerated : Iron ore pellets

Iron ores and concentrates, other than roasted iron pyrites : Agglomerated : Other

India’s Trade Performance — HSN Code 26011111 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

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7410 of 12657 HSN codes

% of Sub-Chapter 2601

FY 2024-25

0.00%

Share of Sub-Chapter 2601’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 2601’s imports

At a glance

+600.00%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.00%

Contribution to Sub-Ch. 2601

Share of Sub-Chapter 2601 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 26011111

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

Balance

−393.34

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2601

Imports

393.34 ₹ Cr

0.0110% share

YoY

6.66% of Sub-Ch. 2601

FY 2019-20 Exp. Rank #4155

Balance

+19.39

Exports

19.39 ₹ Cr

0.0009% share

YoY

0.10% of Sub-Ch. 2601

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2601

FY 2020-21 Exp. Rank #4119

Balance

+21.06

Exports

21.10 ₹ Cr

0.0010% share

+8.82% YoY

0.06% of Sub-Ch. 2601

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2601

FY 2021-22

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2601

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2601

FY 2022-23 Exp. Rank #10292

Balance

−0.03

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2601

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2601

FY 2023-24 Exp. Rank #9929

Balance

+0.07

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+600.00% YoY

0.00% of Sub-Ch. 2601

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2601

FY 2024-25

Balance

−0.13

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2601

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2601

CAGR · 7-Year

Exports

Imports

−73.71% /yr

Consistently Deficit
Sub-Chapter 2601 total

reference, FY 2024-25

Export

₹17,621.46 Cr

Import

₹5,343.89 Cr

Trade Balance

+12,277.57

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

Key Trade Insights: HSN Code 26011111 Export-Import Analysis

Export Snapshot for HSN Code 26011111

India exported ₹0.00 Crore worth of Iron Ore Lumps (60-<62% Fe) in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2023-24 Was the Strongest Growth Year for HSN Code 26011111 Exports

The strongest single-year export movement for HSN Code 26011111 was recorded in FY 2023-24, when exports surged by 600.00% over the prior year.

India Records a Trade Deficit of ₹0.13 Crore in HSN Code 26011111 Goods

In FY 2024-25, India's imports of ₹0.13 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.13 Crore — ranking #7410 of 12657 by surplus magnitude.

Import Growth of −73.71% CAGR Signals Stable Import Dependency for Iron Ore Lumps (60-<62% Fe)

India's imports under HSN Code 26011111 have grown at −73.71% CAGR, reaching ₹0.13 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 26011111 and GST compliance.

What products are classified under HSN 26011111 ?

It includes Iron Ore Lumps (60-<62% Fe)

Can we claim ITC on inputs used to trade Iron Ore Lumps (60-<62% Fe)?

If your outward supply is taxable (5%/12% etc.), eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

How should mixed supplies be billed when Iron Ore Lumps (60-<62% Fe) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Iron Ore Lumps (60-<62% Fe); Nil for exempt items if applicable).

How much GST applies to Iron Ore Lumps (60-<62% Fe)?

Under HSN 26011111, Iron Ore Lumps (60-<62% Fe) attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

Do e‑way bill and e‑invoice apply for Iron Ore Lumps (60-<62% Fe)?

Generate an e‑way bill if the consignment value exceeds ₹50,000 (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.

Does packaging or labelling change the GST for Iron Ore Lumps (60-<62% Fe)?

For many agri/food items, GST applies at 5% when they are not fresh/chilled and are sold as pre‑packaged & labelled. Loose or fresh/chilled forms may be Nil.

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.