--- title: "HSN Code for Other : Waste and scrap | HSN 81029700 GST Rate" description: "Find HSN and GST Rates for 81029700 related to Other : Waste and scrap with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-81029700/" --- # HSN Code 81029700: Other : Waste and scrap - [Section 15: Guide to HSN Section 15](https://busy.in/hsn/section-15/) - [Chapter 81: Other Base Metals, Cermets, etc](https://busy.in/hsn/chapter-81/) - [Sub-chapter 8102: Molybdenum articles](https://busy.in/hsn/sub-chapter-8102/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other : Waste and scrap | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 81029700 ? It includes Waste And Scrap ### How much GST applies to Other : Waste and scrap? Under HSN 81029700, Other : Waste and scrap attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Other : Waste and scrap? 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 Other : Waste and scrap is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other : Waste and scrap; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Other : Waste and scrap? 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 : Waste and scrap? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 81029700 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−58.46% YoY) — 0.0000% of India's total exports - Imports: Nil (−100.00% YoY) — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #5005 of 12657 HSN codes - Share of Sub-Chapter 8102: 0.23% of its exports; import side 0.00% - Rank within Sub-Chapter 8102: #5 of 7 by export value ### Key metrics - Export CAGR: -48.85% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9258 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +540.87% in FY 2021-22 - Contribution to Sub-Ch. 8102: 0.23% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 81029700 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 8102 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8102 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 15.08 | 0.0007% | — | 53.65% | Nil | 0.0000% | — | 0.00% | +15.08 | #4466 | | FY 2019-20 | 1.62 | 0.0001% | −89.26% | 13.25% | Nil | 0.0000% | — | 0.00% | +1.62 | #7139 | | FY 2020-21 | 2.08 | 0.0001% | +28.40% | 11.40% | Nil | 0.0000% | — | 0.00% | +2.08 | #6938 | | FY 2021-22 | 13.33 | 0.0004% | +540.87% | 38.94% | Nil | 0.0000% | — | 0.00% | +13.33 | #5112 | | FY 2022-23 | 13.12 | 0.0004% | −1.58% | 25.16% | Nil | 0.0000% | — | 0.00% | +13.12 | #5281 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −95.05% | 0.86% | < ₹1 Crore | 0.0000% | — | 0.06% | +0.42 | #8592 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −58.46% | 0.23% | Nil | 0.0000% | −100.00% | 0.00% | +0.27 | #9258 | - CAGR (7-year): exports -48.85%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 81029700 export-import analysis ### Export decline: -48.85% CAGR over 7 years India's exports under HSN Code 81029700 have declined at a compound annual rate of -48.85% over 7 fiscal years, falling from ₹15.08 Crore in FY 2018-19 to ₹0.27 Crore in FY 2024-25. ### HSN Code 81029700 ranked #9258 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 81029700 ranks #9258 out of 12657 HSN codes by total export value. Within Sub-Chapter 8102, it ranks #5 of 7. By trade surplus, it ranks #5005 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 81029700 exports The strongest single-year export movement for HSN Code 81029700 was recorded in FY 2021-22, when exports surged by 540.87% over the prior year. ### India maintains a trade surplus of ₹0.27 Crore in HSN Code 81029700 goods In FY 2024-25, India's exports of ₹0.27 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.27 Crore — ranking #5005 of 12657 by surplus magnitude. ### HSN Code 81029700 contributes 0.23% of Sub-Chapter 8102 exports — ranked #5 Among the 7 HSN codes under Sub-Chapter 8102, HSN Code 81029700 ranks #5 by export value — accounting for 0.23% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## Related HSN Codes in Sub-Chapter 8102 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 81029600: Other : Wire](https://busy.in/hsn/hsn-81029600/) | ₹100 Cr | | #2 | [HSN Code 81029900: Other : Other](https://busy.in/hsn/hsn-81029900/) | ₹12 Cr | | #3 | [HSN Code 81021000: Powders](https://busy.in/hsn/hsn-81021000/) | ₹2 Cr | | #4 | [HSN Code 81029590: Other Bars and Rods](https://busy.in/hsn/hsn-81029590/) | < ₹1 Crore | | #5 | HSN Code 81029700: Other : Waste and scrap (this hsn code) | < ₹1 Crore | | #6 | [HSN Code 81029400: Unwrought Molybdenum (Sintered Bars/Rods)](https://busy.in/hsn/hsn-81029400/) | < ₹1 Crore | | — | [HSN Code 81029510: Hollow Bars](https://busy.in/hsn/hsn-81029510/) | Nil |