HSN Code 26011150: Iron Ore Concentrate

HSN Code 26011150 represents Iron Ore Concentrate under GST classification. This code helps businesses identify Iron Ore Concentrate correctly for billing, taxation, and trade. With HSN Code 26011150, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Iron Ore Concentrate.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 26011150

HSN Code 26011150 relates to the following description.

Description of Goods

Iron ores and concentrates, other than roasted iron pyrites : Non-agglomerated : Iron ore concentrate

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%

What does HSN Code 26011150 not include?

Iron Ore Concentrate does not include products with the following descriptions.

HSN Code 26011111

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

HSN Code 26011112

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

HSN Code 26011119

Iron ores and concentrates, other than roasted iron pyrites : Non-agglomerated : Iron ore lumps (60% Fe or more) : 65% Fe and above

HSN Code 26011121

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

HSN Code 26011122

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

HSN Code 26011129

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

HSN Code 26011131

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

HSN Code 26011139

Iron ores and concentrates, other than roasted iron pyrites : Non-agglomerated : Iron ore fines (62% Fe or more ) : 65% Fe and above

HSN Code 26011141

Iron ores and concentrates, other than roasted iron pyrites : Non-agglomerated : Iron ore Fines (below 62% Fe) : below 55% Fe

HSN Code 26011142

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

HSN Code 26011143

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

HSN Code 26011149

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

HSN Code 26011190

Iron ores and concentrates, other than roasted iron pyrites : Non-agglomerated : Other

HSN Code 26011210

Iron ores and concentrates, other than roasted iron pyrites : Agglomerated : Iron ore pellets

HSN Code 26011290

Iron ores and concentrates, other than roasted iron pyrites : Agglomerated : Other

India’s Trade Performance — HSN Code 26011150 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹32 Cr

−96.68% vs FY 2023-24

0.0005% of India’s total imports

Trade Balance

FY 2024-25

−₹32 Cr

Trade Deficit

Surplus rank #9897 of 12657 HSN codes

% of Sub-Chapter 2601

FY 2024-25

0.00%

Share of Sub-Chapter 2601’s total exports in FY 2024-25

Import side: 0.60% of Sub-Chapter 2601’s imports

At a glance

+226.75%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.00%

Contribution to Sub-Ch. 2601

Share of Sub-Chapter 2601 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19

Balance

−351.59

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2601

Imports

351.59 ₹ Cr

0.0098% share

— YoY

5.95% of Sub-Ch. 2601

FY 2019-20 Exp. Rank #3858

Balance

−279.44

Exports

24.34 ₹ Cr

0.0011% share

— YoY

0.13% of Sub-Ch. 2601

Imports

303.78 ₹ Cr

0.0091% share

−13.60% YoY

32.58% of Sub-Ch. 2601

FY 2020-21 Exp. Rank #2335

Balance

−65.18

Exports

79.53 ₹ Cr

0.0037% share

+226.75% YoY

0.22% of Sub-Ch. 2601

Imports

144.71 ₹ Cr

0.0050% share

−52.36% YoY

17.32% of Sub-Ch. 2601

FY 2021-22 Exp. Rank #10198

Balance

−946.16

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−99.99% YoY

0.00% of Sub-Ch. 2601

Imports

946.17 ₹ Cr

0.0207% share

+553.84% YoY

26.78% of Sub-Ch. 2601

FY 2022-23

Balance

−1,357.65

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2601

Imports

1,357.65 ₹ Cr

0.0236% share

+43.49% YoY

85.88% of Sub-Ch. 2601

FY 2023-24

Balance

−966.74

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2601

Imports

966.74 ₹ Cr

0.0172% share

−28.79% YoY

22.04% of Sub-Ch. 2601

FY 2024-25

Balance

−32.07

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2601

Imports

32.07 ₹ Cr

0.0005% share

−96.68% YoY

0.60% of Sub-Ch. 2601

CAGR · 7-Year

Exports

—

Imports

−32.91% /yr

Consistently Deficit
Sub-Chapter 2601 total

reference, FY 2024-25

Export

₹17,621.46 Cr

Import

₹5,343.89 Cr

Trade Balance

+12,277.57

Peak export growth year Latest available data Not available YoY = change vs previous FY

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.

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 26011150 and GST compliance.

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.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.