--- title: "HSN Code for Iron Ore Concentrate | HSN 26011150 GST Rate" description: "Find HSN and GST Rates for 26011150 related to Iron Ore Concentrate with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-26011150/" --- # HSN Code 26011150: Iron Ore Concentrate - [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 concentrate | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 26011150 ? It includes Iron Ore Concentrate ### Does packaging or labelling change the GST for Iron Ore Concentrate? 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. ### How should mixed supplies be billed when Iron Ore Concentrate is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Iron Ore Concentrate; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Iron Ore Concentrate? 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. ### Do e‑way bill and e‑invoice apply for Iron Ore Concentrate? 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. ### How much GST applies to Iron Ore Concentrate? Under HSN 26011150, Iron Ore Concentrate attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice. ## India's trade performance: HSN Code 26011150 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: Nil — 0.0000% of India's total exports - Imports: ₹32 Cr (−96.68% YoY) — 0.0005% of India's total imports - Trade balance: −₹32 Cr (Deficit); surplus rank #9897 of 12657 HSN codes - Share of Sub-Chapter 2601: 0.00% of its exports; import side 0.60% ### Key metrics - Peak growth year: +226.75% in FY 2020-21 - Contribution to Sub-Ch. 2601: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 26011150 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% | 351.59 | 0.0098% | — | 5.95% | −351.59 | — | | FY 2019-20 | 24.34 | 0.0011% | — | 0.13% | 303.78 | 0.0091% | −13.60% | 32.58% | −279.44 | #3858 | | FY 2020-21 | 79.53 | 0.0037% | +226.75% | 0.22% | 144.71 | 0.0050% | −52.36% | 17.32% | −65.18 | #2335 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −99.99% | 0.00% | 946.17 | 0.0207% | +553.84% | 26.78% | −946.16 | #10198 | | FY 2022-23 | Nil | 0.0000% | −100.00% | 0.00% | 1,357.65 | 0.0236% | +43.49% | 85.88% | −1,357.65 | — | | FY 2023-24 | Nil | 0.0000% | — | 0.00% | 966.74 | 0.0172% | −28.79% | 22.04% | −966.74 | — | | FY 2024-25 | Nil | 0.0000% | — | 0.00% | 32.07 | 0.0005% | −96.68% | 0.60% | −32.07 | — | - CAGR (7-year): exports —/yr, imports -32.91%/yr (consistently Deficit) ## Key trade insights: HSN Code 26011150 export-import analysis ### Export snapshot for HSN Code 26011150 India exported ₹0.00 Crore worth of Iron Ore Concentrate 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 26011150 exports The strongest single-year export movement for HSN Code 26011150 was recorded in FY 2020-21, when exports surged by 226.75% over the prior year. ### India records a trade deficit of ₹32.07 Crore in HSN Code 26011150 goods In FY 2024-25, India's imports of ₹32.07 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹32.07 Crore — ranking #9897 of 12657 by surplus magnitude. ### Import growth of -32.91% CAGR signals stable import dependency for Iron Ore Concentrate India's imports under HSN Code 26011150 have grown at -32.91% CAGR, reaching ₹32.07 Crore in FY 2024-25. ## 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 26011150: Iron Ore Concentrate (this hsn code) | Nil |