--- title: "HSN Code for Iron Ore Fines (58-<60% Fe) | HSN 26011143 GST Rate" description: "Find HSN and GST Rates for 26011143 related to Iron Ore Fines (58-<60% Fe) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-26011143/" --- # HSN Code 26011143: Iron Ore Fines (58-<60% 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 Fines (below 62% Fe) : 58% Fe or more but below 60% Fe | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 26011143 ? It includes Iron Ore Fines (58-<60% Fe) ### Do e‑way bill and e‑invoice apply for Iron Ore Fines (58-<60% 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 Fines (58-<60% 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. ### Any common misclassification issue with Iron Ore Fines (58-<60% 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 should mixed supplies be billed when Iron Ore Fines (58-<60% 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 (58-<60% Fe); Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Iron Ore Fines (58-<60% 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 much GST applies to Iron Ore Fines (58-<60% Fe)? Under HSN 26011143, Iron Ore Fines (58-<60% Fe) attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice. ## India's trade performance: HSN Code 26011143 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: Nil (−100.00% YoY) — 0.0000% of India's total exports - Imports: ₹107 Cr — 0.0018% of India's total imports - Trade balance: −₹107 Cr (Deficit); surplus rank #10848 of 12657 HSN codes - Share of Sub-Chapter 2601: 0.00% of its exports; import side 2.00% ### Key metrics - Peak growth year: +1,472.00% in FY 2020-21 - Contribution to Sub-Ch. 2601: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 26011143 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 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | 15.68 | 0.0007% | — | 0.08% | Nil | 0.0000% | — | 0.00% | +15.68 | #4447 | | FY 2020-21 | 246.49 | 0.0115% | +1,472.00% | 0.68% | Nil | 0.0000% | — | 0.00% | +246.49 | #1186 | | FY 2021-22 | 102.93 | 0.0033% | −58.24% | 0.43% | Nil | 0.0000% | — | 0.00% | +102.93 | #2371 | | FY 2022-23 | 307.03 | 0.0085% | +198.29% | 2.13% | Nil | 0.0000% | — | 0.00% | +307.03 | #1308 | | FY 2023-24 | 23.65 | 0.0007% | −92.30% | 0.07% | Nil | 0.0000% | — | 0.00% | +23.65 | #4527 | | FY 2024-25 | Nil | 0.0000% | −100.00% | 0.00% | 106.77 | 0.0018% | — | 2.00% | −106.77 | — | ## Key trade insights: HSN Code 26011143 export-import analysis ### Export snapshot for HSN Code 26011143 India exported ₹0.00 Crore worth of Iron Ore Fines (58-<60% 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 26011143 exports The strongest single-year export movement for HSN Code 26011143 was recorded in FY 2020-21, when exports surged by 1,472.00% over the prior year. ### India records a trade deficit of ₹106.77 Crore in HSN Code 26011143 goods In FY 2024-25, India's imports of ₹106.77 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹106.77 Crore — ranking #10848 of 12657 by surplus magnitude. ## 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)](https://busy.in/hsn/hsn-26011122/) | ₹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 | | — | HSN Code 26011143: Iron Ore Fines (58-<60% Fe) (this hsn code) | Nil |