--- title: "HSN Code for Manganese Ore (35-40%) | HSN 26020040 GST Rate" description: "Find HSN and GST Rates for 26020040 related to Manganese Ore (35-40%) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-26020040/" --- # HSN Code 26020040: Manganese Ore (35-40%) - [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 2602: Manganese Ores & Extracts](https://busy.in/hsn/sub-chapter-2602/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Manganese ores and concentrates, including ferruginous manganese ores and concentrates with a manganese content of 20% or more,calculated on the dry weight : Manganese ore (35% or more but below 40%) | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 26020040 ? It includes Manganese Ore (35-40%) ### Can we claim ITC on inputs used to trade Manganese Ore (35-40%)? 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. ### Any common misclassification issue with Manganese Ore (35-40%)? 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 Manganese Ore (35-40%) is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Manganese Ore (35-40%); Nil for exempt items if applicable). ### How much GST applies to Manganese Ore (35-40%)? Under HSN 26020040, Manganese Ore (35-40%) attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice. ### Do e‑way bill and e‑invoice apply for Manganese Ore (35-40%)? 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. ## India's trade performance: HSN Code 26020040 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹8 Cr — 0.0002% of India's total exports - Imports: ₹3,220 Cr (+59.54% YoY) — 0.0530% of India's total imports - Trade balance: −₹3,212 Cr (Deficit); surplus rank #12501 of 12657 HSN codes - Share of Sub-Chapter 2602: 39.36% of its exports; import side 31.37% - Rank within Sub-Chapter 2602: #2 of 8 by export value; import-side #1 ### Key metrics - National export rank: #6019 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: −100.00% in FY 2021-22 - Contribution to Sub-Ch. 2602: 39.36% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 26020040 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. 2602 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2602 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | Nil | 0.0000% | — | 0.00% | 1,332.50 | 0.0372% | — | 27.48% | −1,332.50 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | 1,115.29 | 0.0333% | −16.30% | 27.02% | −1,115.29 | — | | FY 2020-21 | 4.43 | 0.0002% | — | 4.54% | 1,194.29 | 0.0410% | +7.08% | 21.62% | −1,189.86 | #6072 | | FY 2021-22 | Nil | 0.0000% | −100.00% | 0.00% | 1,844.97 | 0.0404% | +54.48% | 19.13% | −1,844.97 | — | | FY 2022-23 | 2.04 | 0.0001% | — | 94.44% | 2,358.71 | 0.0410% | +27.85% | 28.55% | −2,356.67 | #7420 | | FY 2023-24 | Nil | 0.0000% | −100.00% | 0.00% | 2,018.42 | 0.0359% | −14.43% | 26.04% | −2,018.42 | — | | FY 2024-25 | 8.25 | 0.0002% | — | 39.36% | 3,220.23 | 0.0530% | +59.54% | 31.37% | −3,211.98 | #6019 | - CAGR (7-year): exports —/yr, imports 15.84%/yr (consistently Deficit) ## Key trade insights: HSN Code 26020040 export-import analysis ### Export snapshot for HSN Code 26020040 India exported ₹8.25 Crore worth of Manganese Ore (35-40%) in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 26020040 ranked #6019 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 26020040 ranks #6019 out of 12657 HSN codes by total export value. Within Sub-Chapter 2602, it ranks #2 of 8. By trade surplus, it ranks #12501 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 26020040 exports The strongest single-year export movement for HSN Code 26020040 was recorded in FY 2021-22, when exports declined by 100.00% over the prior year. ### India records a trade deficit of ₹3,211.98 Crore in HSN Code 26020040 goods In FY 2024-25, India's imports of ₹3,220.23 Cr exceeded exports of ₹8.25 Cr, resulting in a trade deficit of ₹3,211.98 Crore — ranking #12501 of 12657 by surplus magnitude. ### Import growth of 15.84% CAGR signals rising demand for Manganese Ore (35-40%) India's imports under HSN Code 26020040 have grown at 15.84% CAGR, reaching ₹3,220.23 Crore in FY 2024-25. ### HSN Code 26020040 contributes 39.36% of Sub-Chapter 2602 exports — ranked #2 Among the 8 HSN codes under Sub-Chapter 2602, HSN Code 26020040 ranks #2 by export value — accounting for 39.36% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 31.37% share (rank #1). ## Related HSN Codes in Sub-Chapter 2602 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 26020030: Manganese Ore (30-35% Mn)](https://busy.in/hsn/hsn-26020030/) | ₹9 Cr | | #2 | HSN Code 26020040: Manganese Ore (35-40%) (this hsn code) | ₹8 Cr | | #3 | [HSN Code 26020070: Manganese Ore (44-46% Mn)](https://busy.in/hsn/hsn-26020070/) | ₹3 Cr | | #4 | [HSN Code 26020090: Other Manganese Ores](https://busy.in/hsn/hsn-26020090/) | < ₹1 Crore | | — | [HSN Code 26020010: Manganese Ore (≥ 46%)](https://busy.in/hsn/hsn-26020010/) | Nil | | — | [HSN Code 26020020: Manganese Ore (40-44% Mn)](https://busy.in/hsn/hsn-26020020/) | Nil | | — | [HSN Code 26020050: Ferruginous Manganese Ore (10-30% Mn)](https://busy.in/hsn/hsn-26020050/) | Nil | | — | [HSN Code 26020060: Cetaceans, Sirenians, Pinnipeds](https://busy.in/hsn/hsn-26020060/) | Nil |