HSN Code 26159010: Other | Vanadium Ores And Concentrates
HSN Code 26159010 represents Other | Vanadium Ores And Concentrates under GST classification. This code helps businesses identify Other | Vanadium Ores And Concentrates correctly for billing, taxation, and trade. With HSN Code 26159010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Vanadium Ores And Concentrates.
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Description of Goods for HSN Code 26159010
HSN Code 26159010 relates to the following description.
What does HSN Code 26159010 not include?
Other | Vanadium Ores And Concentrates does not include products with the following descriptions.
Zirconium ores and concentrates
Other : Niobium or tantalum ores and concentrates
India’s Trade Performance — HSN Code 26159010 in FY 2024-25
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹15 Cr
0.0002% of India’s total imports
Trade Balance
FY 2024-25−₹15 Cr
Surplus rank #9345 of 12657 HSN codes
% of Sub-Chapter 2615
FY 2024-2540.00%
Share of Sub-Chapter 2615’s total exports in FY 2024-25
Import side: 0.98% of Sub-Chapter 2615’s imports
Rank Within Sub-Chapter 2615
FY 2024-25#2 of 3
Position by export value among HSN codes in Sub-Chapter 2615
Import-side rank: #2 of 3
At a glance
−33.44%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#10305
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+369.57%
Peak Growth Year
FY 2019-20 · strongest single-year move
40.00%
Contribution to Sub-Ch. 2615
Share of Sub-Chapter 2615 exports in FY 2024-25
India Export-Import Trade Statistics for 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.
Balance
−44.95
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
30.26% of Sub-Ch. 2615
Imports
45.18 ₹ Cr
0.0013% share
— YoY
5.13% of Sub-Ch. 2615
Balance
−33.83
Exports
1.08 ₹ Cr
0.0000% share
+369.57% YoY
91.53% of Sub-Ch. 2615
Imports
34.91 ₹ Cr
0.0010% share
−22.73% YoY
5.42% of Sub-Ch. 2615
Balance
−7.80
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 2615
Imports
7.80 ₹ Cr
0.0003% share
−77.66% YoY
1.10% of Sub-Ch. 2615
Balance
−43.67
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2615
Imports
43.67 ₹ Cr
0.0010% share
+459.87% YoY
3.73% of Sub-Ch. 2615
Balance
−20.92
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2615
Imports
20.92 ₹ Cr
0.0004% share
−52.10% YoY
1.36% of Sub-Ch. 2615
Balance
−7.71
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2615
Imports
7.71 ₹ Cr
0.0001% share
−63.15% YoY
0.55% of Sub-Ch. 2615
Balance
−14.86
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
40.00% of Sub-Ch. 2615
Imports
14.88 ₹ Cr
0.0002% share
+93.00% YoY
0.98% of Sub-Ch. 2615
CAGR · 7-Year
Exports
−33.44% /yr
Imports
−16.90% /yr
reference, FY 2024-25
Export
₹0.05 Cr
Import
₹1,525.93 Cr
Trade Balance
−1,525.88
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).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 26159010 and GST compliance.
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).