HSN Code 26140031: Rare Earth Oxides (Rutile Sand)

HSN Code 26140031 represents Rare Earth Oxides (Rutile Sand) under GST classification. This code helps businesses identify Rare Earth Oxides (Rutile Sand) correctly for billing, taxation, and trade. With HSN Code 26140031, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Rare Earth Oxides (Rutile Sand).

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Description of Goods for HSN Code 26140031

HSN Code 26140031 relates to the following description.

Description of Goods

Titanium ores and concentrates : Rutile : Rare earth oxides including rutile sand

Chapter

26 - Ores, slag and ash

Sub Chapter

2614 - Titanium ores and concentrates

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 26140031 not include?

Rare Earth Oxides (Rutile Sand) does not include products with the following descriptions.

HSN Code 26140020

Titanium ores and concentrates : Ilmenite, upgraded (beneficiated ilmenite including ilmenite ground)

India’s Trade Performance — HSN Code 26140031 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

< ₹1 Crore

−99.69% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹134 Cr

+25.36% vs FY 2023-24

0.0022% of India’s total imports

Trade Balance

FY 2024-25

−₹134 Cr

Trade Deficit

Surplus rank #11021 of 12657 HSN codes

% of Sub-Chapter 2614

FY 2024-25

0.00%

Share of Sub-Chapter 2614’s total exports in FY 2024-25

Import side: 22.85% of Sub-Chapter 2614’s imports

Rank Within Sub-Chapter 2614

FY 2024-25

#2 of 5

Position by export value among HSN codes in Sub-Chapter 2614

Import-side rank: #3 of 5

At a glance

−69.34%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#10437

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

−98.34%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.00%

Contribution to Sub-Ch. 2614

Share of Sub-Chapter 2614 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 26140031

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 Exp. Rank #4772

Balance

−51.23

Exports

12.03 ₹ Cr

0.0005% share

— YoY

1.83% of Sub-Ch. 2614

Imports

63.26 ₹ Cr

0.0018% share

— YoY

20.99% of Sub-Ch. 2614

FY 2019-20 Exp. Rank #8846

Balance

−84.14

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−98.34% YoY

0.04% of Sub-Ch. 2614

Imports

84.34 ₹ Cr

0.0025% share

+33.32% YoY

21.27% of Sub-Ch. 2614

FY 2020-21

Balance

−108.07

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2614

Imports

108.07 ₹ Cr

0.0037% share

+28.14% YoY

31.41% of Sub-Ch. 2614

FY 2021-22 Exp. Rank #8422

Balance

−113.48

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.10% of Sub-Ch. 2614

Imports

114.10 ₹ Cr

0.0025% share

+5.58% YoY

21.56% of Sub-Ch. 2614

FY 2022-23

Balance

−122.22

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2614

Imports

122.22 ₹ Cr

0.0021% share

+7.12% YoY

24.60% of Sub-Ch. 2614

FY 2023-24 Exp. Rank #7042

Balance

−103.65

Exports

3.27 ₹ Cr

0.0001% share

— YoY

0.41% of Sub-Ch. 2614

Imports

106.92 ₹ Cr

0.0019% share

−12.52% YoY

16.68% of Sub-Ch. 2614

FY 2024-25 Exp. Rank #10437

Balance

−134.03

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−99.69% YoY

0.00% of Sub-Ch. 2614

Imports

134.04 ₹ Cr

0.0022% share

+25.36% YoY

22.85% of Sub-Ch. 2614

CAGR · 7-Year

Exports

−69.34% /yr

Imports

13.33% /yr

Consistently Deficit
Sub-Chapter 2614 total

reference, FY 2024-25

Export

₹508.03 Cr

Import

₹586.63 Cr

Trade Balance

−78.60

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

Key Trade Insights: HSN Code 26140031 Export-Import Analysis

Export Decline: −69.34% CAGR Over 7 Years

India's exports under HSN Code 26140031 have declined at a compound annual rate of −69.34% over 7 fiscal years, falling from ₹12.03 Crore in FY 2018-19 to ₹0.01 Crore in FY 2024-25.

HSN Code 26140031 Ranked #10437 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 26140031 ranks #10437 out of 12657 HSN codes by total export value. Within Sub-Chapter 2614, it ranks #2 of 5. By trade surplus, it ranks #11021 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 26140031 Exports

The strongest single-year export movement for HSN Code 26140031 was recorded in FY 2019-20, when exports declined by 98.34% over the prior year.

India Records a Trade Deficit of ₹134.03 Crore in HSN Code 26140031 Goods

In FY 2024-25, India's imports of ₹134.04 Cr exceeded exports of ₹0.01 Cr, resulting in a trade deficit of ₹134.03 Crore — ranking #11021 of 12657 by surplus magnitude.

Import Growth of 13.33% CAGR Signals Rising Demand for Rare Earth Oxides (Rutile Sand)

India's imports under HSN Code 26140031 have grown at 13.33% CAGR, reaching ₹134.04 Crore in FY 2024-25.

HSN Code 26140031 Contributes 0.00% of Sub-Chapter 2614 Exports — Ranked #2

Among the 5 HSN codes under Sub-Chapter 2614, HSN Code 26140031 ranks #2 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 22.85% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 26140031 and GST compliance.

What products are classified under HSN 26140031 ?

It includes Rare Earth Oxides (Rutile Sand)

Do e‑way bill and e‑invoice apply for Rare Earth Oxides (Rutile Sand)?

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 Rare Earth Oxides (Rutile Sand)?

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 Rare Earth Oxides (Rutile Sand)?

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 much GST applies to Rare Earth Oxides (Rutile Sand)?

Under HSN 26140031, Rare Earth Oxides (Rutile Sand) attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

Any common misclassification issue with Rare Earth Oxides (Rutile Sand)?

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.

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.