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HSN Code 81029600: Molybdenum Wire
HSN Code 81029600 represents Molybdenum Wire under GST classification. This code helps businesses identify Molybdenum Wire correctly for billing, taxation, and trade. With HSN Code 81029600, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Molybdenum Wire.
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Description of Goods for HSN Code 81029600
HSN Code 81029600 relates to the following description.
What does HSN Code 81029600 not include?
Molybdenum Wire 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 : Bars and rods, other than those obtained simply by sintering, profiles, plates, sheets, strip and foil : Other
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 : Bars and rods, other than those obtained simply by sintering, profiles, plates, sheets, strip and foil : Other
Other : Waste and scrap
Other : Other
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India’s Trade Performance — HSN Code 81029600 in FY 2025-26
India’s Exports
FY 2025-26₹99 Cr
0.0025% of India’s total exports
India’s Imports
FY 2025-26₹175 Cr
0.0026% of India’s total imports
Trade Balance
FY 2025-26−₹76 Cr
Surplus rank #10625 of 12872 HSN codes
% of Sub-Chapter 8102
FY 2025-2685.56%
Share of Sub-Chapter 8102’s total exports in FY 2025-26
Import side: 37.25% of Sub-Chapter 8102’s imports
Rank Within Sub-Chapter 8102
FY 2025-26#1 of 7
Position by export value among HSN codes in Sub-Chapter 8102
Import-side rank: #1 of 7
At a glance
43.43%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#2840
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+141.70%
Peak Growth Year
FY 2023-24 · strongest single-year move
85.56%
Contribution to Sub-Ch. 8102
Share of Sub-Chapter 8102 exports in FY 2025-26
India Export-Import Trade Statistics for HSN Code 81029600
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−61.76
Exports
7.94 ₹ Cr
0.0003% share
— YoY
28.25% of Sub-Ch. 8102
Imports
69.70 ₹ Cr
0.0019% share
— YoY
41.03% of Sub-Ch. 8102
Balance
−36.31
Exports
6.64 ₹ Cr
0.0003% share
−16.37% YoY
54.29% of Sub-Ch. 8102
Imports
42.95 ₹ Cr
0.0013% share
−38.38% YoY
27.78% of Sub-Ch. 8102
Balance
−38.02
Exports
11.08 ₹ Cr
0.0005% share
+66.87% YoY
60.71% of Sub-Ch. 8102
Imports
49.10 ₹ Cr
0.0017% share
+14.32% YoY
31.87% of Sub-Ch. 8102
Balance
−64.06
Exports
12.96 ₹ Cr
0.0004% share
+16.97% YoY
37.86% of Sub-Ch. 8102
Imports
77.02 ₹ Cr
0.0017% share
+56.86% YoY
31.39% of Sub-Ch. 8102
Balance
−58.46
Exports
26.62 ₹ Cr
0.0007% share
+105.40% YoY
51.05% of Sub-Ch. 8102
Imports
85.08 ₹ Cr
0.0015% share
+10.46% YoY
35.22% of Sub-Ch. 8102
Balance
−77.44
Exports
64.34 ₹ Cr
0.0018% share
+141.70% YoY
84.69% of Sub-Ch. 8102
Imports
141.78 ₹ Cr
0.0025% share
+66.64% YoY
35.18% of Sub-Ch. 8102
Balance
−58.54
Exports
99.85 ₹ Cr
0.0027% share
+55.19% YoY
86.85% of Sub-Ch. 8102
Imports
158.39 ₹ Cr
0.0026% share
+11.72% YoY
40.94% of Sub-Ch. 8102
Balance
−75.72
Exports
99.17 ₹ Cr
0.0025% share
−0.68% YoY
85.56% of Sub-Ch. 8102
Imports
174.89 ₹ Cr
0.0026% share
+10.42% YoY
37.25% of Sub-Ch. 8102
CAGR · 8-Year
Exports
43.43% /yr
Imports
14.04% /yr
reference, FY 2025-26
Export
₹115.91 Cr
Import
₹469.55 Cr
Trade Balance
−353.64
Key Trade Insights: HSN Code 81029600 Export-Import Analysis
Consistent Export Growth: 43.43% CAGR Over 8 Years
India's exports under HSN Code 81029600 have grown at a compound annual rate of 43.43% over 8 fiscal years, rising from ₹7.94 Crore in FY 2018-19 to ₹99.17 Crore in FY 2025-26.
HSN Code 81029600 Ranked #2840 Among All 12872 HSN codes by Export Value
In FY 2025-26, HSN Code 81029600 ranks #2840 out of 12872 HSN codes by total export value. Within Sub-Chapter 8102, it ranks #1 of 7. By trade surplus, it ranks #10625 of 12872.
FY 2023-24 Was the Strongest Growth Year for HSN Code 81029600 Exports
The strongest single-year export movement for HSN Code 81029600 was recorded in FY 2023-24, when exports surged by 141.70% over the prior year.
India Records a Trade Deficit of ₹75.72 Crore in HSN Code 81029600 Goods
In FY 2025-26, India's imports of ₹174.89 Cr exceeded exports of ₹99.17 Cr, resulting in a trade deficit of ₹75.72 Crore — ranking #10625 of 12872 by surplus magnitude.
Import Growth of 14.04% CAGR Signals Rising Demand for Molybdenum Wire
India's imports under HSN Code 81029600 have grown at 14.04% CAGR, reaching ₹174.89 Crore in FY 2025-26.
HSN Code 81029600 Contributes 85.56% of Sub-Chapter 8102 Exports — Ranked #1
Among the 7 HSN codes under Sub-Chapter 8102, HSN Code 81029600 ranks #1 by export value — accounting for 85.56% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 37.25% share (rank #1).
Frequently Asked Questions
Clear answers to common queries about HSN Code 81029600 and GST compliance.
What products are classified under HSN 81029600 ?
It includes Other Unwrought Tantalum/Powders
How should mixed supplies be billed when Molybdenum Wire is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Molybdenum Wire; Nil for exempt items if applicable).
Any common misclassification issue with Molybdenum Wire?
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 Molybdenum Wire?
Under HSN 81029600, Molybdenum Wire attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Do e‑way bill and e‑invoice apply for Molybdenum Wire?
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 Molybdenum Wire?
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.