HSN Code 26011112: Iron Ore Lumps (62-65% Fe)

HSN Code 26011112 represents Iron Ore Lumps (62-65% Fe) under GST classification. This code helps businesses identify Iron Ore Lumps (62-65% Fe) correctly for billing, taxation, and trade. With HSN Code 26011112, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Iron Ore Lumps (62-65% Fe).

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Description of Goods for HSN Code 26011112

HSN Code 26011112 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) : 62% Fe or more but below 65% 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 26011112 not include?

Iron Ore Lumps (62-65% Fe) does not include products with the following descriptions.

HSN Code 26011111

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

HSN Code 26011119

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

HSN Code 26011121

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

HSN Code 26011122

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

HSN Code 26011129

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

HSN Code 26011131

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

HSN Code 26011139

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

HSN Code 26011141

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

HSN Code 26011142

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

HSN Code 26011143

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

HSN Code 26011149

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

HSN Code 26011150

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

HSN Code 26011190

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

HSN Code 26011210

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

HSN Code 26011290

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

India’s Trade Performance — HSN Code 26011112 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

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹175 Cr

+1,937.37% vs FY 2023-24

0.0029% of India’s total imports

Trade Balance

FY 2024-25

−₹175 Cr

Trade Deficit

Surplus rank #11219 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: 3.28% of Sub-Chapter 2601’s imports

At a glance

+511.24%

Peak Growth Year

FY 2020-21 · 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 26011112

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

−542.20

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2601

Imports

542.20 ₹ Cr

0.0151% share

— YoY

9.18% of Sub-Ch. 2601

FY 2019-20 Exp. Rank #4456

Balance

−145.60

Exports

15.48 ₹ Cr

0.0007% share

— YoY

0.08% of Sub-Ch. 2601

Imports

161.08 ₹ Cr

0.0048% share

−70.29% YoY

17.28% of Sub-Ch. 2601

FY 2020-21 Exp. Rank #2130

Balance

+33.33

Exports

94.62 ₹ Cr

0.0044% share

+511.24% YoY

0.26% of Sub-Ch. 2601

Imports

61.29 ₹ Cr

0.0021% share

−61.95% YoY

7.34% of Sub-Ch. 2601

FY 2021-22

Balance

−555.58

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2601

Imports

555.58 ₹ Cr

0.0122% share

+806.48% YoY

15.72% of Sub-Ch. 2601

FY 2022-23

Balance

−92.50

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2601

Imports

92.50 ₹ Cr

0.0016% share

−83.35% YoY

5.85% of Sub-Ch. 2601

FY 2023-24

Balance

−8.59

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2601

Imports

8.59 ₹ Cr

0.0002% share

−90.71% YoY

0.20% of Sub-Ch. 2601

FY 2024-25

Balance

−175.01

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2601

Imports

175.01 ₹ Cr

0.0029% share

+1,937.37% YoY

3.28% of Sub-Ch. 2601

CAGR · 7-Year

Exports

—

Imports

−17.18% /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 26011112 Export-Import Analysis

Export Snapshot for HSN Code 26011112

India exported ₹0.00 Crore worth of Iron Ore Lumps (62-65% Fe) in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2020-21 Was the Strongest Growth Year for HSN Code 26011112 Exports

The strongest single-year export movement for HSN Code 26011112 was recorded in FY 2020-21, when exports surged by 511.24% over the prior year.

India Records a Trade Deficit of ₹175.01 Crore in HSN Code 26011112 Goods

In FY 2024-25, India's imports of ₹175.01 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹175.01 Crore — ranking #11219 of 12657 by surplus magnitude.

Import Growth of −17.18% CAGR Signals Stable Import Dependency for Iron Ore Lumps (62-65% Fe)

India's imports under HSN Code 26011112 have grown at −17.18% CAGR, reaching ₹175.01 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 26011112 and GST compliance.

What products are classified under HSN 26011112 ?

It includes Iron Ore Lumps (62-65% Fe)

Do e‑way bill and e‑invoice apply for Iron Ore Lumps (62-65% 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 (62-65% 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.

Can we claim ITC on inputs used to trade Iron Ore Lumps (62-65% 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 (62-65% 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 (62-65% Fe); Nil for exempt items if applicable).

Any common misclassification issue with Iron Ore Lumps (62-65% Fe)?

Use the exact HSN and the correct form (fresh/chilled vs. frozen/dried; PPL vs. not). Apply the rate per line to avoid wrong tax collection.

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.