HSN Code 26180000: Granulated slag from iron or steel manufacture
HSN Code 26180000 represents Granulated slag from iron or steel manufacture under GST classification. This code helps businesses identify Granulated slag from iron or steel manufacture correctly for billing, taxation, and trade. With HSN Code 26180000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Granulated slag from iron or steel manufacture.
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Description of Goods for HSN Code 26180000
HSN Code 26180000 relates to the following description.
India’s Trade Performance — HSN Code 26180000 in FY 2024-25
India’s Exports
FY 2024-25₹100 Cr
0.0027% of India’s total exports
India’s Imports
FY 2024-25₹81 Cr
0.0013% of India’s total imports
Trade Balance
FY 2024-25₹20 Cr
Surplus rank #2826 of 12657 HSN codes
% of Sub-Chapter 2618
FY 2024-25100.00%
Share of Sub-Chapter 2618’s total exports in FY 2024-25
Import side: 100.00% of Sub-Chapter 2618’s imports
Rank Within Sub-Chapter 2618
FY 2024-25#1 of 1
Position by export value among HSN codes in Sub-Chapter 2618
Import-side rank: #1 of 1
At a glance
−21.17%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#2655
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+43.29%
Peak Growth Year
FY 2022-23 · strongest single-year move
100.00%
Contribution to Sub-Ch. 2618
Share of Sub-Chapter 2618 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 26180000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+417.64
Exports
417.71 ₹ Cr
0.0183% share
— YoY
100.00% of Sub-Ch. 2618
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
100.00% of Sub-Ch. 2618
Balance
+400.86
Exports
401.09 ₹ Cr
0.0182% share
−3.98% YoY
100.00% of Sub-Ch. 2618
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+228.57% YoY
100.00% of Sub-Ch. 2618
Balance
+360.94
Exports
361.54 ₹ Cr
0.0168% share
−9.86% YoY
100.00% of Sub-Ch. 2618
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+160.87% YoY
100.00% of Sub-Ch. 2618
Balance
+370.90
Exports
371.46 ₹ Cr
0.0118% share
+2.74% YoY
100.00% of Sub-Ch. 2618
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−6.67% YoY
100.00% of Sub-Ch. 2618
Balance
+532.19
Exports
532.28 ₹ Cr
0.0147% share
+43.29% YoY
100.00% of Sub-Ch. 2618
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−83.93% YoY
100.00% of Sub-Ch. 2618
Balance
+233.65
Exports
233.72 ₹ Cr
0.0065% share
−56.09% YoY
100.00% of Sub-Ch. 2618
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−22.22% YoY
100.00% of Sub-Ch. 2618
Balance
+19.68
Exports
100.22 ₹ Cr
0.0027% share
−57.12% YoY
100.00% of Sub-Ch. 2618
Imports
80.54 ₹ Cr
0.0013% share
+1,14,957.14% YoY
100.00% of Sub-Ch. 2618
CAGR · 7-Year
Exports
−21.17% /yr
Imports
223.71% /yr
reference, FY 2024-25
Export
₹100.22 Cr
Import
₹80.54 Cr
Trade Balance
+19.68
Key Trade Insights: HSN Code 26180000 Export-Import Analysis
Export Decline: −21.17% CAGR Over 7 Years
India's exports under HSN Code 26180000 have declined at a compound annual rate of −21.17% over 7 fiscal years, falling from ₹417.71 Crore in FY 2018-19 to ₹100.22 Crore in FY 2024-25.
HSN Code 26180000 Ranked #2655 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 26180000 ranks #2655 out of 12657 HSN codes by total export value. Within Sub-Chapter 2618, it ranks #1 of 1. By trade surplus, it ranks #2826 of 12657.
FY 2022-23 Was the Strongest Growth Year for HSN Code 26180000 Exports
The strongest single-year export movement for HSN Code 26180000 was recorded in FY 2022-23, when exports surged by 43.29% over the prior year.
India Maintains a Trade Surplus of ₹19.68 Crore in HSN Code 26180000 Goods
In FY 2024-25, India's exports of ₹100.22 Cr exceeded imports of ₹80.54 Cr, resulting in a trade surplus of ₹19.68 Crore — ranking #2826 of 12657 by surplus magnitude.
Import Growth of 223.71% CAGR Signals Rising Demand for Granulated slag from iron or steel manufacture
India's imports under HSN Code 26180000 have grown at 223.71% CAGR, reaching ₹80.54 Crore in FY 2024-25.
HSN Code 26180000 Contributes 100.00% of Sub-Chapter 2618 Exports — Ranked #1
Among the 1 HSN codes under Sub-Chapter 2618, HSN Code 26180000 ranks #1 by export value — accounting for 100.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 100.00% share (rank #1).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 26180000 and GST compliance.
What products are classified under HSN 26180000 ?
It includes Granulated slag from iron or steel manufacture
Can we claim ITC on inputs used to trade Granulated slag from iron or steel manufacture?
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 Granulated slag from iron or steel manufacture?
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.
Do e‑way bill and e‑invoice apply for Granulated slag from iron or steel manufacture?
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.
How should mixed supplies be billed when Granulated slag from iron or steel manufacture is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Granulated slag from iron or steel manufacture; Nil for exempt items if applicable).
Any common misclassification issue with Granulated slag from iron or steel manufacture?
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.