HSN Code 26050000: Cobalt Ores & Concentrates
HSN Code 26050000 represents Cobalt Ores & Concentrates under GST classification. This code helps businesses identify Cobalt Ores & Concentrates correctly for billing, taxation, and trade. With HSN Code 26050000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cobalt Ores & Concentrates.
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Description of Goods for HSN Code 26050000
HSN Code 26050000 relates to the following description.
India’s Trade Performance — HSN Code 26050000 in FY 2024-25
India’s Exports
FY 2024-25Nil
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹1 Cr
0.0000% of India’s total imports
Trade Balance
FY 2024-25−₹1 Cr
Surplus rank #7914 of 12657 HSN codes
India Export-Import Trade Statistics for HSN Code 26050000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
0.00
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
100.00% of Sub-Ch. 2605
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
100.00% of Sub-Ch. 2605
Balance
+0.02
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+111.11% YoY
100.00% of Sub-Ch. 2605
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+106.67% YoY
100.00% of Sub-Ch. 2605
Balance
−0.03
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
— of Sub-Ch. 2605
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−96.77% YoY
100.00% of Sub-Ch. 2605
Balance
−0.69
Exports
Nil ₹ Cr
0.0000% share
— YoY
— of Sub-Ch. 2605
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+2,200.00% YoY
100.00% of Sub-Ch. 2605
Balance
−0.18
Exports
Nil ₹ Cr
0.0000% share
— YoY
— of Sub-Ch. 2605
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−73.91% YoY
100.00% of Sub-Ch. 2605
Balance
−0.08
Exports
Nil ₹ Cr
0.0000% share
— YoY
— of Sub-Ch. 2605
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−55.56% YoY
100.00% of Sub-Ch. 2605
Balance
−1.02
Exports
Nil ₹ Cr
0.0000% share
— YoY
— of Sub-Ch. 2605
Imports
1.02 ₹ Cr
0.0000% share
+1,175.00% YoY
100.00% of Sub-Ch. 2605
CAGR · 7-Year
Exports
—
Imports
14.61% /yr
Key Trade Insights: HSN Code 26050000 Export-Import Analysis
Export Snapshot for HSN Code 26050000
India exported ₹0.00 Crore worth of Cobalt Ores & 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 26050000 Exports
The strongest single-year export movement for HSN Code 26050000 was recorded in FY 2019-20, when exports surged by 111.11% over the prior year.
India Records a Trade Deficit of ₹1.02 Crore in HSN Code 26050000 Goods
In FY 2024-25, India's imports of ₹1.02 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹1.02 Crore — ranking #7914 of 12657 by surplus magnitude.
Import Growth of 14.61% CAGR Signals Rising Demand for Cobalt Ores & Concentrates
India's imports under HSN Code 26050000 have grown at 14.61% CAGR, reaching ₹1.02 Crore in FY 2024-25.
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Frequently Asked Questions
Clear answers to common queries about HSN Code 26050000 and GST compliance.
What products are classified under HSN 26050000 ?
It includes Cobalt Ores & Concentrates
How much GST applies to Cobalt Ores & Concentrates?
Under HSN 26050000, Cobalt Ores & Concentrates attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.
Can we claim ITC on inputs used to trade Cobalt Ores & 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.
Does packaging or labelling change the GST for Cobalt Ores & 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 Cobalt Ores & 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 Cobalt Ores & Concentrates is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Cobalt Ores & Concentrates; Nil for exempt items if applicable).