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HSN Code 81029590: Other Wrought Molybdenum Bars, Rods, Profiles, Plates, Sheets, Strip and Foil

HSN Code 81029590 represents Other Wrought Molybdenum Bars, Rods, Profiles, Plates, Sheets, Strip and Foil under GST classification. This code helps businesses identify Other Wrought Molybdenum Bars, Rods, Profiles, Plates, Sheets, Strip and Foil correctly for billing, taxation, and trade. With HSN Code 81029590, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Wrought Molybdenum Bars, Rods, Profiles, Plates, Sheets, Strip and Foil.

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Description of Goods for HSN Code 81029590

HSN Code 81029590 relates to the following description.

Description of Goods

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

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 81029590 not include?

Other Wrought Molybdenum Bars, Rods, Profiles, Plates, Sheets, Strip and Foil does not include products with the following descriptions.

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

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

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India’s Trade Performance — HSN Code 81029590 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

< ₹1 Crore

−17.07% vs FY 2024-25

0.0000% of India’s total exports

India’s Imports

FY 2025-26

₹76 Cr

+40.73% vs FY 2024-25

0.0011% of India’s total imports

Trade Balance

FY 2025-26

−₹76 Cr

Trade Deficit

Surplus rank #10624 of 12872 HSN codes

% of Sub-Chapter 8102

FY 2025-26

0.29%

Share of Sub-Chapter 8102’s total exports in FY 2025-26

Import side: 16.18% of Sub-Chapter 8102’s imports

Rank Within Sub-Chapter 8102

FY 2025-26

#5 of 7

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

Import-side rank: #3 of 7

At a glance

16.04%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#9221

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+336.84%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.29%

Contribution to Sub-Ch. 8102

Share of Sub-Chapter 8102 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 81029590

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #9103

Balance

−39.00

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.43% of Sub-Ch. 8102

Imports

39.12 ₹ Cr

0.0011% share

— YoY

23.03% of Sub-Ch. 8102

FY 2019-20 Exp. Rank #8211

Balance

−49.80

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+308.33% YoY

4.01% of Sub-Ch. 8102

Imports

50.29 ₹ Cr

0.0015% share

+28.55% YoY

32.53% of Sub-Ch. 8102

FY 2020-21 Exp. Rank #8780

Balance

−34.52

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−53.06% YoY

1.26% of Sub-Ch. 8102

Imports

34.75 ₹ Cr

0.0012% share

−30.90% YoY

22.55% of Sub-Ch. 8102

FY 2021-22 Exp. Rank #9254

Balance

−61.70

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−21.74% YoY

0.53% of Sub-Ch. 8102

Imports

61.88 ₹ Cr

0.0014% share

+78.07% YoY

25.22% of Sub-Ch. 8102

FY 2022-23 Exp. Rank #9322

Balance

−56.30

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+5.56% YoY

0.36% of Sub-Ch. 8102

Imports

56.49 ₹ Cr

0.0010% share

−8.71% YoY

23.38% of Sub-Ch. 8102

FY 2023-24 Exp. Rank #8398

Balance

−47.61

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+336.84% YoY

1.09% of Sub-Ch. 8102

Imports

48.44 ₹ Cr

0.0009% share

−14.25% YoY

12.02% of Sub-Ch. 8102

FY 2024-25 Exp. Rank #8974

Balance

−53.58

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−50.60% YoY

0.36% of Sub-Ch. 8102

Imports

53.99 ₹ Cr

0.0009% share

+11.46% YoY

13.95% of Sub-Ch. 8102

FY 2025-26 Exp. Rank #9221

Balance

−75.64

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−17.07% YoY

0.29% of Sub-Ch. 8102

Imports

75.98 ₹ Cr

0.0011% share

+40.73% YoY

16.18% of Sub-Ch. 8102

CAGR · 8-Year

Exports

16.04% /yr

Imports

9.95% /yr

Consistently Deficit
Sub-Chapter 8102 total

reference, FY 2025-26

Export

₹115.91 Cr

Import

₹469.55 Cr

Trade Balance

−353.64

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

Key Trade Insights: HSN Code 81029590 Export-Import Analysis

Consistent Export Growth: 16.04% CAGR Over 8 Years

India's exports under HSN Code 81029590 have grown at a compound annual rate of 16.04% over 8 fiscal years, rising from ₹0.12 Crore in FY 2018-19 to ₹0.34 Crore in FY 2025-26.

HSN Code 81029590 Ranked #9221 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 81029590 ranks #9221 out of 12872 HSN codes by total export value. Within Sub-Chapter 8102, it ranks #5 of 7. By trade surplus, it ranks #10624 of 12872.

FY 2023-24 Was the Strongest Growth Year for HSN Code 81029590 Exports

The strongest single-year export movement for HSN Code 81029590 was recorded in FY 2023-24, when exports surged by 336.84% over the prior year.

India Records a Trade Deficit of ₹75.64 Crore in HSN Code 81029590 Goods

In FY 2025-26, India's imports of ₹75.98 Cr exceeded exports of ₹0.34 Cr, resulting in a trade deficit of ₹75.64 Crore — ranking #10624 of 12872 by surplus magnitude.

Import Growth of 9.95% CAGR Signals Stable Import Dependency for Other Wrought Molybdenum Bars, Rods, Profiles, Plates, Sheets, Strip and Foil

India's imports under HSN Code 81029590 have grown at 9.95% CAGR, reaching ₹75.98 Crore in FY 2025-26.

HSN Code 81029590 Contributes 0.29% of Sub-Chapter 8102 Exports — Ranked #5

Among the 7 HSN codes under Sub-Chapter 8102, HSN Code 81029590 ranks #5 by export value — accounting for 0.29% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 16.18% share (rank #3).

Frequently Asked Questions

Clear answers to common queries about HSN Code 81029590 and GST compliance.

What products are classified under HSN 81029590 ?

It includes Tantalum Hollow Bars

Can we claim ITC on inputs used to trade Other Wrought Molybdenum Bars, Rods, Profiles, Plates, Sheets, Strip and Foil?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Any common misclassification issue with Other Wrought Molybdenum Bars, Rods, Profiles, Plates, Sheets, Strip and Foil?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

How much GST applies to Other Wrought Molybdenum Bars, Rods, Profiles, Plates, Sheets, Strip and Foil?

Under HSN 81029590, Other Wrought Molybdenum Bars, Rods, Profiles, Plates, Sheets, Strip and Foil attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Other Wrought Molybdenum Bars, Rods, Profiles, Plates, Sheets, Strip and Foil?

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.

Does packaging or labelling change the GST for Other Wrought Molybdenum Bars, Rods, Profiles, Plates, Sheets, Strip and Foil?

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.

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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.