HSN Code 26011141: Iron Ore Fines (<55% Fe)
HSN Code 26011141 represents Iron Ore Fines (<55% Fe) under GST classification. This code helps businesses identify Iron Ore Fines (<55% Fe) correctly for billing, taxation, and trade. With HSN Code 26011141, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Iron Ore Fines (<55% Fe).
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Description of Goods for HSN Code 26011141
HSN Code 26011141 relates to the following description.
What does HSN Code 26011141 not include?
Iron Ore Fines (<55% 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) : 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) : 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) : 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) : 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
India’s Trade Performance — HSN Code 26011141 in FY 2024-25
India’s Exports
FY 2024-25₹2,377 Cr
0.0646% of India’s total exports
India’s Imports
FY 2024-25₹122 Cr
0.0020% of India’s total imports
Trade Balance
FY 2024-25₹2,255 Cr
Surplus rank #158 of 12657 HSN codes
% of Sub-Chapter 2601
FY 2024-2513.49%
Share of Sub-Chapter 2601’s total exports in FY 2024-25
Import side: 2.28% of Sub-Chapter 2601’s imports
Rank Within Sub-Chapter 2601
FY 2024-25#3 of 17
Position by export value among HSN codes in Sub-Chapter 2601
Import-side rank: #6 of 17
At a glance
36.32%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#223
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+580.81%
Peak Growth Year
FY 2023-24 · strongest single-year move
13.49%
Contribution to Sub-Ch. 2601
Share of Sub-Chapter 2601 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 26011141
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+370.30
Exports
370.30 ₹ Cr
0.0162% share
— YoY
4.00% of Sub-Ch. 2601
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2601
Balance
+439.58
Exports
439.58 ₹ Cr
0.0200% share
+18.71% YoY
2.36% of Sub-Ch. 2601
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2601
Balance
+2,171.34
Exports
2,171.34 ₹ Cr
0.1010% share
+393.96% YoY
5.99% of Sub-Ch. 2601
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2601
Balance
+813.96
Exports
813.96 ₹ Cr
0.0259% share
−62.51% YoY
3.37% of Sub-Ch. 2601
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2601
Balance
+677.58
Exports
677.58 ₹ Cr
0.0187% share
−16.76% YoY
4.70% of Sub-Ch. 2601
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2601
Balance
+4,613.03
Exports
4,613.03 ₹ Cr
0.1275% share
+580.81% YoY
14.22% of Sub-Ch. 2601
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2601
Balance
+2,254.68
Exports
2,376.76 ₹ Cr
0.0646% share
−48.48% YoY
13.49% of Sub-Ch. 2601
Imports
122.08 ₹ Cr
0.0020% share
— YoY
2.28% of Sub-Ch. 2601
CAGR · 7-Year
Exports
36.32% /yr
Imports
—
reference, FY 2024-25
Export
₹17,621.46 Cr
Import
₹5,343.89 Cr
Trade Balance
+12,277.57
Key Trade Insights: HSN Code 26011141 Export-Import Analysis
Consistent Export Growth: 36.32% CAGR Over 7 Years
India's exports under HSN Code 26011141 have grown at a compound annual rate of 36.32% over 7 fiscal years, rising from ₹370.30 Crore in FY 2018-19 to ₹2,376.76 Crore in FY 2024-25.
HSN Code 26011141 Ranked #223 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 26011141 ranks #223 out of 12657 HSN codes by total export value. Within Sub-Chapter 2601, it ranks #3 of 17. By trade surplus, it ranks #158 of 12657.
FY 2023-24 Was the Strongest Growth Year for HSN Code 26011141 Exports
The strongest single-year export movement for HSN Code 26011141 was recorded in FY 2023-24, when exports surged by 580.81% over the prior year.
India Maintains a Trade Surplus of ₹2,254.68 Crore in HSN Code 26011141 Goods
In FY 2024-25, India's exports of ₹2,376.76 Cr exceeded imports of ₹122.08 Cr, resulting in a trade surplus of ₹2,254.68 Crore — ranking #158 of 12657 by surplus magnitude.
HSN Code 26011141 Contributes 13.49% of Sub-Chapter 2601 Exports — Ranked #3
Among the 17 HSN codes under Sub-Chapter 2601, HSN Code 26011141 ranks #3 by export value — accounting for 13.49% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.28% share (rank #6).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 26011141 and GST compliance.
What products are classified under HSN 26011141 ?
It includes Iron Ore Fines (<55% Fe)
Does packaging or labelling change the GST for Iron Ore Fines (<55% 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.
Do e‑way bill and e‑invoice apply for Iron Ore Fines (<55% 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.
Any common misclassification issue with Iron Ore Fines (<55% 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.
How much GST applies to Iron Ore Fines (<55% Fe)?
Under HSN 26011141, Iron Ore Fines (<55% Fe) attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.
How should mixed supplies be billed when Iron Ore Fines (<55% 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 Fines (<55% Fe); Nil for exempt items if applicable).