HSN Code 81029600: Other : Wire

HSN Code 81029600 represents Other : Wire under GST classification. This code helps businesses identify Other : 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 Other : Wire.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 81029600

HSN Code 81029600 relates to the following description.

Description of Goods

Other : Wire

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 81029600 not include?

Other : Wire does not include products with the following descriptions.

HSN Code 81029400

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

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 81029600 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

₹100 Cr

+55.19% vs FY 2023-24

0.0027% of India’s total exports

India’s Imports

FY 2024-25

₹158 Cr

+11.72% vs FY 2023-24

0.0026% of India’s total imports

Trade Balance

FY 2024-25

−₹59 Cr

Trade Deficit

Surplus rank #10364 of 12657 HSN codes

% of Sub-Chapter 8102

FY 2024-25

86.85%

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

Import side: 40.94% of Sub-Chapter 8102’s imports

Rank Within Sub-Chapter 8102

FY 2024-25

#1 of 7

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

Import-side rank: #1 of 7

At a glance

52.49%

Export CAGR

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

#2662

National Export Rank

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

+141.70%

Peak Growth Year

FY 2023-24 · strongest single-year move

86.85%

Contribution to Sub-Ch. 8102

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

India Export-Import Trade Statistics for HSN Code 81029600

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 #5290

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

FY 2019-20 Exp. Rank #5507

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

FY 2020-21 Exp. Rank #4933

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

FY 2021-22 Exp. Rank #5148

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

FY 2022-23 Exp. Rank #4322

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

FY 2023-24 Exp. Rank #3187

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

FY 2024-25 Exp. Rank #2662

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

CAGR · 7-Year

Exports

52.49% /yr

Imports

14.66% /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 81029600 Export-Import Analysis

Consistent Export Growth: 52.49% CAGR Over 7 Years

India's exports under HSN Code 81029600 have grown at a compound annual rate of 52.49% over 7 fiscal years, rising from ₹7.94 Crore in FY 2018-19 to ₹99.85 Crore in FY 2024-25.

HSN Code 81029600 Ranked #2662 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 81029600 ranks #2662 out of 12657 HSN codes by total export value. Within Sub-Chapter 8102, it ranks #1 of 7. By trade surplus, it ranks #10364 of 12657.

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 ₹58.54 Crore in HSN Code 81029600 Goods

In FY 2024-25, India's imports of ₹158.39 Cr exceeded exports of ₹99.85 Cr, resulting in a trade deficit of ₹58.54 Crore — ranking #10364 of 12657 by surplus magnitude.

Import Growth of 14.66% CAGR Signals Rising Demand for Other : Wire

India's imports under HSN Code 81029600 have grown at 14.66% CAGR, reaching ₹158.39 Crore in FY 2024-25.

HSN Code 81029600 Contributes 86.85% 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 86.85% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 40.94% share (rank #1).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

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 Other : Wire is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other : Wire; Nil for exempt items if applicable).

Any common misclassification issue with Other : 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 Other : Wire?

Under HSN 81029600, Other : Wire attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Other : 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 Other : 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.

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.