---
title: "HSN Code for Iron Ore Lumps (55-58% Fe) | HSN 26011122 GST Rate"
description: "Find HSN and GST Rates for 26011122 related to Iron Ore Lumps (55-58% Fe) with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-26011122/"
---

# HSN Code 26011122: Iron Ore Lumps (55-58% Fe)

- [Section 05: Guide to HSN Section 05](https://busy.in/hsn/section-05/)
- [Chapter 26: Ores, Slag and Ash](https://busy.in/hsn/chapter-26/)
- [Sub-chapter 2601: Iron ores and extracts](https://busy.in/hsn/sub-chapter-2601/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| 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 | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 26011122 ?

It includes Iron Ore Lumps (55-58% Fe)

### Any common misclassification issue with Iron Ore Lumps (55-58% 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.

### Does packaging or labelling change the GST for Iron Ore Lumps (55-58% 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 (55-58% 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 (55-58% 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 (55-58% Fe); Nil for exempt items if applicable).

### How much GST applies to Iron Ore Lumps (55-58% Fe)?

Under HSN 26011122, Iron Ore Lumps (55-58% Fe) attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

## India's trade performance: HSN Code 26011122 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹489 Cr (−54.58% YoY) — 0.0133% of India's total exports
- Imports: < ₹1 Crore (+63.33% YoY) — 0.0000% of India's total imports
- Trade balance: ₹489 Cr (Surplus); surplus rank #651 of 12657 HSN codes
- Share of Sub-Chapter 2601: 2.78% of its exports; import side 0.01%
- Rank within Sub-Chapter 2601: #4 of 17 by export value; import-side #11

### Key metrics

- Export CAGR: 85.18% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #1029 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +2,359.29% in FY 2023-24
- Contribution to Sub-Ch. 2601: 2.78% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 26011122

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 2601 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2601 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 12.14 | 0.0005% | — | 0.13% | 27.30 | 0.0008% | — | 0.46% | −15.16 | #4758 |
| FY 2019-20 | 50.79 | 0.0023% | +318.37% | 0.27% | Nil | 0.0000% | −100.00% | 0.00% | +50.79 | #2851 |
| FY 2020-21 | 216.83 | 0.0101% | +326.91% | 0.60% | Nil | 0.0000% | — | 0.00% | +216.83 | #1287 |
| FY 2021-22 | 68.80 | 0.0022% | −68.27% | 0.28% | Nil | 0.0000% | — | 0.00% | +68.80 | #2898 |
| FY 2022-23 | 43.82 | 0.0012% | −36.31% | 0.30% | Nil | 0.0000% | — | 0.00% | +43.82 | #3660 |
| FY 2023-24 | 1,077.66 | 0.0298% | +2,359.29% | 3.32% | < ₹1 Crore | 0.0000% | — | 0.01% | +1,077.36 | #482 |
| FY 2024-25 | 489.46 | 0.0133% | −54.58% | 2.78% | < ₹1 Crore | 0.0000% | +63.33% | 0.01% | +488.97 | #1029 |

- CAGR (7-year): exports 85.18%/yr, imports -48.83%/yr (consistently Surplus)

## Key trade insights: HSN Code 26011122 export-import analysis

### Consistent export growth: 85.18% CAGR over 7 years

India's exports under HSN Code 26011122 have grown at a compound annual rate of 85.18% over 7 fiscal years, rising from ₹12.14 Crore in FY 2018-19 to ₹489.46 Crore in FY 2024-25.

### HSN Code 26011122 ranked #1029 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 26011122 ranks #1029 out of 12657 HSN codes by total export value. Within Sub-Chapter 2601, it ranks #4 of 17. By trade surplus, it ranks #651 of 12657.

### FY 2023-24 was the strongest growth year for HSN Code 26011122 exports

The strongest single-year export movement for HSN Code 26011122 was recorded in FY 2023-24, when exports surged by 2,359.29% over the prior year.

### India maintains a trade surplus of ₹488.97 Crore in HSN Code 26011122 goods

In FY 2024-25, India's exports of ₹489.46 Cr exceeded imports of ₹0.49 Cr, resulting in a trade surplus of ₹488.97 Crore — ranking #651 of 12657 by surplus magnitude.

### Import growth of -48.83% CAGR signals stable import dependency for Iron Ore Lumps (55-58% Fe)

India's imports under HSN Code 26011122 have grown at -48.83% CAGR, reaching ₹0.49 Crore in FY 2024-25.

### HSN Code 26011122 contributes 2.78% of Sub-Chapter 2601 exports — ranked #4

Among the 17 HSN codes under Sub-Chapter 2601, HSN Code 26011122 ranks #4 by export value — accounting for 2.78% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #11).

## Related HSN Codes in Sub-Chapter 2601

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 26011142: Iron Ore Fines (55-<58% Fe)](https://busy.in/hsn/hsn-26011142/) | ₹8,487 Cr |
| #2 | [HSN Code 26011210: Iron Ore Pellets](https://busy.in/hsn/hsn-26011210/) | ₹6,208 Cr |
| #3 | [HSN Code 26011141: Iron Ore Fines (<55% Fe)](https://busy.in/hsn/hsn-26011141/) | ₹2,377 Cr |
| #4 | HSN Code 26011122: Iron Ore Lumps (55-58% Fe) (this hsn code) | ₹489 Cr |
| #5 | [HSN Code 26011121: Iron Ore Lumps (< 55% Fe)](https://busy.in/hsn/hsn-26011121/) | ₹40 Cr |
| #6 | [HSN Code 26011290: Other Agglomerated Iron Ores](https://busy.in/hsn/hsn-26011290/) | ₹19 Cr |
| #7 | [HSN Code 26011119: Iron Ore Lumps (>=65% Fe)](https://busy.in/hsn/hsn-26011119/) | < ₹1 Crore |
| #8 | [HSN Code 26011149: Iron Ore Fines (60-<62% Fe)](https://busy.in/hsn/hsn-26011149/) | < ₹1 Crore |
| #9 | [HSN Code 26011190: Other Non-Agglomerated Iron Ores](https://busy.in/hsn/hsn-26011190/) | < ₹1 Crore |
| #10 | [HSN Code 26012000: Roasted Iron Pyrites](https://busy.in/hsn/hsn-26012000/) | < ₹1 Crore |