HSN Code 26011122 represents Iron Ore Lumps (55-58% Fe) under GST classification. This code helps businesses identify Iron Ore Lumps (55-58% Fe) correctly for billing, taxation, and trade. With HSN Code 26011122, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Iron Ore Lumps (55-58% Fe).
Manage correct HSN codes and GST rates with BUSY.
HSN Code 26011122 relates to the following description.
Description of Goods
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
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%
Iron Ore Lumps (55-58% 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) : 60% Fe or more but below 62% Fe
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) : 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
Roasted iron pyrites
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
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) : 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
Roasted iron pyrites
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
India’s Exports
FY 2025-26₹10 Cr
0.0003% of India’s total exports
India’s Imports
FY 2025-26< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2025-26₹10 Cr
Surplus rank #3403 of 12872 HSN codes
% of Sub-Chapter 2601
FY 2025-260.07%
Share of Sub-Chapter 2601’s total exports in FY 2025-26
Import side: 0.00% of Sub-Chapter 2601’s imports
Rank Within Sub-Chapter 2601
FY 2025-26#5 of 17
Position by export value among HSN codes in Sub-Chapter 2601
Import-side rank: #11 of 17
At a glance
−2.35%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#5935
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+2,359.29%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.07%
Contribution to Sub-Ch. 2601
Share of Sub-Chapter 2601 exports in FY 2025-26
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−15.16
Exports
12.14 ₹ Cr
0.0005% share
— YoY
0.13% of Sub-Ch. 2601
Imports
27.30 ₹ Cr
0.0008% share
— YoY
0.46% of Sub-Ch. 2601
Balance
+50.79
Exports
50.79 ₹ Cr
0.0023% share
+318.37% YoY
0.27% of Sub-Ch. 2601
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 2601
Balance
+216.83
Exports
216.83 ₹ Cr
0.0101% share
+326.91% YoY
0.60% of Sub-Ch. 2601
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2601
Balance
+68.80
Exports
68.80 ₹ Cr
0.0022% share
−68.27% YoY
0.28% of Sub-Ch. 2601
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2601
Balance
+43.82
Exports
43.82 ₹ Cr
0.0012% share
−36.31% YoY
0.30% of Sub-Ch. 2601
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2601
Balance
+1,077.36
Exports
1,077.66 ₹ Cr
0.0298% share
+2,359.29% YoY
3.32% of Sub-Ch. 2601
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.01% of Sub-Ch. 2601
Balance
+488.97
Exports
489.46 ₹ Cr
0.0133% share
−54.58% YoY
2.78% of Sub-Ch. 2601
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+63.33% YoY
0.01% of Sub-Ch. 2601
Balance
+9.93
Exports
10.28 ₹ Cr
0.0003% share
−97.90% YoY
0.07% of Sub-Ch. 2601
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−28.57% YoY
0.00% of Sub-Ch. 2601
CAGR · 8-Year
Exports
−2.35% /yr
Imports
−46.33% /yr
reference, FY 2025-26
Export
₹15,134.26 Cr
Import
₹11,096.86 Cr
Trade Balance
+4,037.40
India's exports under HSN Code 26011122 have declined at a compound annual rate of −2.35% over 8 fiscal years, falling from ₹12.14 Crore in FY 2018-19 to ₹10.28 Crore in FY 2025-26.
In FY 2025-26, HSN Code 26011122 ranks #5935 out of 12872 HSN codes by total export value. Within Sub-Chapter 2601, it ranks #5 of 17. By trade surplus, it ranks #3403 of 12872.
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.
In FY 2025-26, India's exports of ₹10.28 Cr exceeded imports of ₹0.35 Cr, resulting in a trade surplus of ₹9.93 Crore — ranking #3403 of 12872 by surplus magnitude.
India's imports under HSN Code 26011122 have grown at −46.33% CAGR, reaching ₹0.35 Crore in FY 2025-26.
Among the 17 HSN codes under Sub-Chapter 2601, HSN Code 26011122 ranks #5 by export value — accounting for 0.07% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.00% share (rank #11).
Clear answers to common queries about HSN Code 26011122 and GST compliance.
It includes 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.
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.
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.
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).
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.