--- title: "HSN Code for Other | Vanadium Ores And Concentrates | HSN 26159010 GST Rate" description: "Find HSN and GST Rates for 26159010 related to Other | Vanadium Ores And Concentrates with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-26159010/" --- # HSN Code 26159010: Other | Vanadium Ores And Concentrates - [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 2615: Niobium ores and extracts](https://busy.in/hsn/sub-chapter-2615/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other : Vanadium ores and concentrates | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 26159010 ? It includes Other | Vanadium Ores And Concentrates ### Can we claim ITC on inputs used to trade Other / Vanadium 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. ### Any common misclassification issue with Other / Vanadium 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 much GST applies to Other / Vanadium Ores And Concentrates? Under HSN 26159010, Other / Vanadium Ores And Concentrates attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice. ### Does packaging or labelling change the GST for Other / Vanadium 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. ### How should mixed supplies be billed when Other / Vanadium 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 Other / Vanadium Ores And Concentrates; Nil for exempt items if applicable). ## India's trade performance: HSN Code 26159010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore — 0.0000% of India's total exports - Imports: ₹15 Cr (+93.00% YoY) — 0.0002% of India's total imports - Trade balance: −₹15 Cr (Deficit); surplus rank #9345 of 12657 HSN codes - Share of Sub-Chapter 2615: 40.00% of its exports; import side 0.98% - Rank within Sub-Chapter 2615: #2 of 3 by export value; import-side #2 ### Key metrics - Export CAGR: -33.44% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #10305 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +369.57% in FY 2019-20 - Contribution to Sub-Ch. 2615: 40.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 26159010 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. 2615 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2615 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 30.26% | 45.18 | 0.0013% | — | 5.13% | −44.95 | #8711 | | FY 2019-20 | 1.08 | 0.0000% | +369.57% | 91.53% | 34.91 | 0.0010% | −22.73% | 5.42% | −33.83 | #7531 | | FY 2020-21 | Nil | 0.0000% | −100.00% | 0.00% | 7.80 | 0.0003% | −77.66% | 1.10% | −7.80 | — | | FY 2021-22 | Nil | 0.0000% | — | 0.00% | 43.67 | 0.0010% | +459.87% | 3.73% | −43.67 | — | | FY 2022-23 | Nil | 0.0000% | — | 0.00% | 20.92 | 0.0004% | −52.10% | 1.36% | −20.92 | — | | FY 2023-24 | Nil | 0.0000% | — | 0.00% | 7.71 | 0.0001% | −63.15% | 0.55% | −7.71 | — | | FY 2024-25 | < ₹1 Crore | 0.0000% | — | 40.00% | 14.88 | 0.0002% | +93.00% | 0.98% | −14.86 | #10305 | - CAGR (7-year): exports -33.44%/yr, imports -16.90%/yr (consistently Deficit) ## Key trade insights: HSN Code 26159010 export-import analysis ### Export decline: -33.44% CAGR over 7 years India's exports under HSN Code 26159010 have declined at a compound annual rate of -33.44% over 7 fiscal years, falling from ₹0.23 Crore in FY 2018-19 to ₹0.02 Crore in FY 2024-25. ### HSN Code 26159010 ranked #10305 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 26159010 ranks #10305 out of 12657 HSN codes by total export value. Within Sub-Chapter 2615, it ranks #2 of 3. By trade surplus, it ranks #9345 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 26159010 exports The strongest single-year export movement for HSN Code 26159010 was recorded in FY 2019-20, when exports surged by 369.57% over the prior year. ### India records a trade deficit of ₹14.86 Crore in HSN Code 26159010 goods In FY 2024-25, India's imports of ₹14.88 Cr exceeded exports of ₹0.02 Cr, resulting in a trade deficit of ₹14.86 Crore — ranking #9345 of 12657 by surplus magnitude. ### Import growth of -16.90% CAGR signals stable import dependency for Other | Vanadium Ores And Concentrates India's imports under HSN Code 26159010 have grown at -16.90% CAGR, reaching ₹14.88 Crore in FY 2024-25. ### HSN Code 26159010 contributes 40.00% of Sub-Chapter 2615 exports — ranked #2 Among the 3 HSN codes under Sub-Chapter 2615, HSN Code 26159010 ranks #2 by export value — accounting for 40.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.98% share (rank #2). ## Related HSN Codes in Sub-Chapter 2615 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 26151000: Zirconium Ores And Concentrates](https://busy.in/hsn/hsn-26151000/) | < ₹1 Crore | | #2 | HSN Code 26159010: Other \| Vanadium Ores And Concentrates (this hsn code) | < ₹1 Crore | | — | [HSN Code 26159020: Other : Niobium or tantalum ores and concentrates](https://busy.in/hsn/hsn-26159020/) | Nil |