HSN Code 26040000: Nickel Ores And Concentrates
HSN Code 26040000 represents Nickel Ores And Concentrates under GST classification. This code helps businesses identify Nickel Ores And Concentrates correctly for billing, taxation, and trade. With HSN Code 26040000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Nickel Ores And Concentrates.
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Description of Goods for HSN Code 26040000
HSN Code 26040000 relates to the following description.
India’s Trade Performance — HSN Code 26040000 in FY 2024-25
India’s Exports
FY 2024-25Nil
0.0000% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25−< ₹1 Crore
Surplus rank #7581 of 12657 HSN codes
India Export-Import Trade Statistics for HSN Code 26040000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+0.14
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
100.00% of Sub-Ch. 2604
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
100.00% of Sub-Ch. 2604
Balance
−0.02
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
— of Sub-Ch. 2604
Imports
< ₹1 Crore ₹ Cr
0.0000% share
0.00% YoY
100.00% of Sub-Ch. 2604
Balance
−0.64
Exports
Nil ₹ Cr
0.0000% share
— YoY
— of Sub-Ch. 2604
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+3,100.00% YoY
100.00% of Sub-Ch. 2604
Balance
−1.10
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
100.00% of Sub-Ch. 2604
Imports
1.62 ₹ Cr
0.0000% share
+153.13% YoY
100.00% of Sub-Ch. 2604
Balance
−0.04
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
— of Sub-Ch. 2604
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−97.53% YoY
100.00% of Sub-Ch. 2604
Balance
+0.30
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
100.00% of Sub-Ch. 2604
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
— of Sub-Ch. 2604
Balance
−0.31
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
— of Sub-Ch. 2604
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
100.00% of Sub-Ch. 2604
CAGR · 7-Year
Exports
—
Imports
57.90% /yr
Key Trade Insights: HSN Code 26040000 Export-Import Analysis
Export Snapshot for HSN Code 26040000
India exported ₹0.00 Crore worth of Nickel Ores And Concentrates in FY 2024-25. Multi-year trend data is being compiled for this hsn code.
FY 2019-20 Was the Strongest Growth Year for HSN Code 26040000 Exports
The strongest single-year export movement for HSN Code 26040000 was recorded in FY 2019-20, when exports declined by 100.00% over the prior year.
India Records a Trade Deficit of ₹0.31 Crore in HSN Code 26040000 Goods
In FY 2024-25, India's imports of ₹0.31 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.31 Crore — ranking #7581 of 12657 by surplus magnitude.
Import Growth of 57.90% CAGR Signals Rising Demand for Nickel Ores And Concentrates
India's imports under HSN Code 26040000 have grown at 57.90% CAGR, reaching ₹0.31 Crore in FY 2024-25.
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Frequently Asked Questions
Clear answers to common queries about HSN Code 26040000 and GST compliance.
What products are classified under HSN 26040000 ?
It includes Nickel Ores And Concentrates
Does packaging or labelling change the GST for Nickel Ores And Concentrates?
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 Nickel Ores And Concentrates?
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 Nickel Ores And Concentrates is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Nickel Ores And Concentrates; Nil for exempt items if applicable).
Do e‑way bill and e‑invoice apply for Nickel Ores And Concentrates?
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.
Can we claim ITC on inputs used to trade Nickel Ores And Concentrates?
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.