HSN Code 26140039: Other Rutile (Titanium Ore)

HSN Code 26140039 represents Other Rutile (Titanium Ore) under GST classification. This code helps businesses identify Other Rutile (Titanium Ore) correctly for billing, taxation, and trade. With HSN Code 26140039, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Rutile (Titanium Ore).

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Description of Goods for HSN Code 26140039

HSN Code 26140039 relates to the following description.

Description of Goods

Titanium ores and concentrates : Rutile : Other

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 26140039 not include?

Other Rutile (Titanium Ore) does not include products with the following descriptions.

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

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

India’s Trade Performance — HSN Code 26140039 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

−100.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹202 Cr

−23.78% vs FY 2023-24

0.0033% of India’s total imports

Trade Balance

FY 2024-25

−₹202 Cr

Trade Deficit

Surplus rank #11319 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: 34.46% of Sub-Chapter 2614’s imports

At a glance

−100.00%

Peak Growth Year

FY 2024-25 · 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 26140039

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

−86.83

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2614

Imports

86.83 ₹ Cr

0.0024% share

YoY

28.82% of Sub-Ch. 2614

FY 2019-20

Balance

−84.58

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2614

Imports

84.58 ₹ Cr

0.0025% share

−2.59% YoY

21.33% of Sub-Ch. 2614

FY 2020-21

Balance

−114.41

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2614

Imports

114.41 ₹ Cr

0.0039% share

+35.27% YoY

33.25% of Sub-Ch. 2614

FY 2021-22

Balance

−133.89

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2614

Imports

133.89 ₹ Cr

0.0029% share

+17.03% YoY

25.30% of Sub-Ch. 2614

FY 2022-23

Balance

−155.20

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2614

Imports

155.20 ₹ Cr

0.0027% share

+15.92% YoY

31.23% of Sub-Ch. 2614

FY 2023-24 Exp. Rank #3756

Balance

−222.76

Exports

42.46 ₹ Cr

0.0012% share

YoY

5.36% of Sub-Ch. 2614

Imports

265.22 ₹ Cr

0.0047% share

+70.89% YoY

41.38% of Sub-Ch. 2614

FY 2024-25

Balance

−202.15

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2614

Imports

202.15 ₹ Cr

0.0033% share

−23.78% YoY

34.46% of Sub-Ch. 2614

CAGR · 7-Year

Exports

Imports

15.12% /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 26140039 Export-Import Analysis

Export Snapshot for HSN Code 26140039

India exported ₹0.00 Crore worth of Other Rutile (Titanium Ore) in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2024-25 Was the Strongest Growth Year for HSN Code 26140039 Exports

The strongest single-year export movement for HSN Code 26140039 was recorded in FY 2024-25, when exports declined by 100.00% over the prior year.

India Records a Trade Deficit of ₹202.15 Crore in HSN Code 26140039 Goods

In FY 2024-25, India's imports of ₹202.15 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹202.15 Crore — ranking #11319 of 12657 by surplus magnitude.

Import Growth of 15.12% CAGR Signals Rising Demand for Other Rutile (Titanium Ore)

India's imports under HSN Code 26140039 have grown at 15.12% CAGR, reaching ₹202.15 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 26140039 and GST compliance.

What products are classified under HSN 26140039 ?

It includes Other Rutile (Titanium Ore)

Can we claim ITC on inputs used to trade Other Rutile (Titanium Ore)?

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 Other Rutile (Titanium Ore)?

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.

Any common misclassification issue with Other Rutile (Titanium Ore)?

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 much GST applies to Other Rutile (Titanium Ore)?

Under HSN 26140039, Other Rutile (Titanium Ore) attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

How should mixed supplies be billed when Other Rutile (Titanium Ore) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Rutile (Titanium Ore); Nil for exempt items if applicable).

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.