HSN Code 81029400: Unwrought Molybdenum (Sintered Bars/Rods)

HSN Code 81029400 represents Unwrought Molybdenum (Sintered Bars/Rods) under GST classification. This code helps businesses identify Unwrought Molybdenum (Sintered Bars/Rods) correctly for billing, taxation, and trade. With HSN Code 81029400, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Unwrought Molybdenum (Sintered Bars/Rods).

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Description of Goods for HSN Code 81029400

HSN Code 81029400 relates to the following description.

Description of Goods

Other : Unwrought molybdenum, including bars and rods obtained simply by sintering

Chapter

81 - Other base metals; cermets; articles thereof

Sub Chapter

8102 - Molybdenum and articles thereof, including waste and scrap

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 81029400 not include?

Unwrought Molybdenum (Sintered Bars/Rods) does not include products with the following descriptions.

HSN Code 81029510

Other : Bars and rods, other than those obtained simply by sintering, profiles, plates, sheets, strip and foil : Hollow bars

HSN Code 81029590

Other : Bars and rods, other than those obtained simply by sintering, profiles, plates, sheets, strip and foil : Other

India’s Trade Performance — HSN Code 81029400 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

−84.80% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹117 Cr

−28.19% vs FY 2023-24

0.0019% of India’s total imports

Trade Balance

FY 2024-25

−₹117 Cr

Trade Deficit

Surplus rank #10916 of 12657 HSN codes

% of Sub-Chapter 8102

FY 2024-25

0.23%

Share of Sub-Chapter 8102’s total exports in FY 2024-25

Import side: 30.22% of Sub-Chapter 8102’s imports

Rank Within Sub-Chapter 8102

FY 2024-25

#6 of 7

Position by export value among HSN codes in Sub-Chapter 8102

Import-side rank: #2 of 7

At a glance

10.87%

Export CAGR

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

#9282

National Export Rank

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

−51.83%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.23%

Contribution to Sub-Ch. 8102

Share of Sub-Chapter 8102 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 81029400

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 #9021

Balance

−33.93

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.50% of Sub-Ch. 8102

Imports

34.07 ₹ Cr

0.0010% share

— YoY

20.06% of Sub-Ch. 8102

FY 2019-20

Balance

−35.60

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8102

Imports

35.60 ₹ Cr

0.0011% share

+4.49% YoY

23.03% of Sub-Ch. 8102

FY 2020-21

Balance

−43.13

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8102

Imports

43.13 ₹ Cr

0.0015% share

+21.15% YoY

27.99% of Sub-Ch. 8102

FY 2021-22

Balance

−63.99

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8102

Imports

63.99 ₹ Cr

0.0014% share

+48.37% YoY

26.08% of Sub-Ch. 8102

FY 2022-23 Exp. Rank #6814

Balance

−43.45

Exports

3.55 ₹ Cr

0.0001% share

— YoY

6.81% of Sub-Ch. 8102

Imports

47.00 ₹ Cr

0.0008% share

−26.55% YoY

19.46% of Sub-Ch. 8102

FY 2023-24 Exp. Rank #7732

Balance

−161.11

Exports

1.71 ₹ Cr

0.0000% share

−51.83% YoY

2.25% of Sub-Ch. 8102

Imports

162.82 ₹ Cr

0.0029% share

+246.43% YoY

40.40% of Sub-Ch. 8102

FY 2024-25 Exp. Rank #9282

Balance

−116.66

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−84.80% YoY

0.23% of Sub-Ch. 8102

Imports

116.92 ₹ Cr

0.0019% share

−28.19% YoY

30.22% of Sub-Ch. 8102

CAGR · 7-Year

Exports

10.87% /yr

Imports

22.82% /yr

Consistently Deficit
Sub-Chapter 8102 total

reference, FY 2024-25

Export

₹114.97 Cr

Import

₹386.93 Cr

Trade Balance

−271.96

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

Key Trade Insights: HSN Code 81029400 Export-Import Analysis

Consistent Export Growth: 10.87% CAGR Over 7 Years

India's exports under HSN Code 81029400 have grown at a compound annual rate of 10.87% over 7 fiscal years, rising from ₹0.14 Crore in FY 2018-19 to ₹0.26 Crore in FY 2024-25.

HSN Code 81029400 Ranked #9282 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 81029400 ranks #9282 out of 12657 HSN codes by total export value. Within Sub-Chapter 8102, it ranks #6 of 7. By trade surplus, it ranks #10916 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 81029400 Exports

The strongest single-year export movement for HSN Code 81029400 was recorded in FY 2023-24, when exports declined by 51.83% over the prior year.

India Records a Trade Deficit of ₹116.66 Crore in HSN Code 81029400 Goods

In FY 2024-25, India's imports of ₹116.92 Cr exceeded exports of ₹0.26 Cr, resulting in a trade deficit of ₹116.66 Crore — ranking #10916 of 12657 by surplus magnitude.

Import Growth of 22.82% CAGR Signals Rising Demand for Unwrought Molybdenum (Sintered Bars/Rods)

India's imports under HSN Code 81029400 have grown at 22.82% CAGR, reaching ₹116.92 Crore in FY 2024-25.

HSN Code 81029400 Contributes 0.23% of Sub-Chapter 8102 Exports — Ranked #6

Among the 7 HSN codes under Sub-Chapter 8102, HSN Code 81029400 ranks #6 by export value — accounting for 0.23% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 30.22% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 81029400 and GST compliance.

What products are classified under HSN 81029400 ?

It includes Other : Waste and scrap

How much GST applies to Unwrought Molybdenum (Sintered Bars/Rods)?

Under HSN 81029400, Unwrought Molybdenum (Sintered Bars/Rods) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Unwrought Molybdenum (Sintered Bars/Rods)?

If your outward supply is taxable, 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 Unwrought Molybdenum (Sintered Bars/Rods)?

e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.

How should mixed supplies be billed when Unwrought Molybdenum (Sintered Bars/Rods) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Unwrought Molybdenum (Sintered Bars/Rods); Nil for exempt items if applicable).

Does packaging or labelling change the GST for Unwrought Molybdenum (Sintered Bars/Rods)?

For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.

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.