HSN Code 81029590 represents Other Bars and Rods under GST classification. This code helps businesses identify Other Bars and Rods 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 Bars and Rods.
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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%
Other Bars and Rods does not include products with the following descriptions.
Powders
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
Other : Wire
Other : Waste and scrap
Other : Other
Powders
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
Other : Wire
Other : Waste and scrap
Other : Other
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹54 Cr
0.0009% of India’s total imports
Trade Balance
FY 2024-25−₹54 Cr
Surplus rank #10296 of 12657 HSN codes
% of Sub-Chapter 8102
FY 2024-250.36%
Share of Sub-Chapter 8102’s total exports in FY 2024-25
Import side: 13.95% of Sub-Chapter 8102’s imports
Rank Within Sub-Chapter 8102
FY 2024-25#4 of 7
Position by export value among HSN codes in Sub-Chapter 8102
Import-side rank: #3 of 7
At a glance
22.73%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#8974
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+336.84%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.36%
Contribution to Sub-Ch. 8102
Share of Sub-Chapter 8102 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
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
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
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
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
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
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
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
CAGR · 7-Year
Exports
22.73% /yr
Imports
5.52% /yr
reference, FY 2024-25
Export
₹114.97 Cr
Import
₹386.93 Cr
Trade Balance
−271.96
India's exports under HSN Code 81029590 have grown at a compound annual rate of 22.73% over 7 fiscal years, rising from ₹0.12 Crore in FY 2018-19 to ₹0.41 Crore in FY 2024-25.
In FY 2024-25, HSN Code 81029590 ranks #8974 out of 12657 HSN codes by total export value. Within Sub-Chapter 8102, it ranks #4 of 7. By trade surplus, it ranks #10296 of 12657.
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.
In FY 2024-25, India's imports of ₹53.99 Cr exceeded exports of ₹0.41 Cr, resulting in a trade deficit of ₹53.58 Crore — ranking #10296 of 12657 by surplus magnitude.
India's imports under HSN Code 81029590 have grown at 5.52% CAGR, reaching ₹53.99 Crore in FY 2024-25.
Among the 7 HSN codes under Sub-Chapter 8102, HSN Code 81029590 ranks #4 by export value — accounting for 0.36% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 13.95% share (rank #3).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 81029590 and GST compliance.
It includes Tantalum Hollow Bars
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Under HSN 81029590, Other Bars and Rods attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
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.