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HSN Code 81029700: Molybdenum Waste and Scrap
HSN Code 81029700 represents Molybdenum Waste and Scrap under GST classification. This code helps businesses identify Molybdenum Waste and Scrap correctly for billing, taxation, and trade. With HSN Code 81029700, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Molybdenum Waste and Scrap.
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Description of Goods for HSN Code 81029700
HSN Code 81029700 relates to the following description.
What does HSN Code 81029700 not include?
Molybdenum Waste and Scrap 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 : Wire
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 : Wire
Other : Other
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India’s Trade Performance — HSN Code 81029700 in FY 2025-26
India’s Exports
FY 2025-26₹3 Cr
0.0001% of India’s total exports
India’s Imports
FY 2025-26Nil
0.0000% of India’s total imports
Trade Balance
FY 2025-26₹3 Cr
Surplus rank #4115 of 12872 HSN codes
% of Sub-Chapter 8102
FY 2025-262.52%
Share of Sub-Chapter 8102’s total exports in FY 2025-26
Import side: 0.00% of Sub-Chapter 8102’s imports
Rank Within Sub-Chapter 8102
FY 2025-26#3 of 7
Position by export value among HSN codes in Sub-Chapter 8102
At a glance
−20.91%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#7361
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+981.48%
Peak Growth Year
FY 2025-26 · strongest single-year move
2.52%
Contribution to Sub-Ch. 8102
Share of Sub-Chapter 8102 exports in FY 2025-26
India Export-Import Trade Statistics for HSN Code 81029700
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+15.08
Exports
15.08 ₹ Cr
0.0007% share
— YoY
53.65% of Sub-Ch. 8102
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8102
Balance
+1.62
Exports
1.62 ₹ Cr
0.0001% share
−89.26% YoY
13.25% of Sub-Ch. 8102
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8102
Balance
+2.08
Exports
2.08 ₹ Cr
0.0001% share
+28.40% YoY
11.40% of Sub-Ch. 8102
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8102
Balance
+13.33
Exports
13.33 ₹ Cr
0.0004% share
+540.87% YoY
38.94% of Sub-Ch. 8102
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8102
Balance
+13.12
Exports
13.12 ₹ Cr
0.0004% share
−1.58% YoY
25.16% of Sub-Ch. 8102
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8102
Balance
+0.42
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−95.05% YoY
0.86% of Sub-Ch. 8102
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.06% of Sub-Ch. 8102
Balance
+0.27
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−58.46% YoY
0.23% of Sub-Ch. 8102
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 8102
Balance
+2.92
Exports
2.92 ₹ Cr
0.0001% share
+981.48% YoY
2.52% of Sub-Ch. 8102
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8102
CAGR · 8-Year
Exports
−20.91% /yr
Imports
—
reference, FY 2025-26
Export
₹115.91 Cr
Import
₹469.55 Cr
Trade Balance
−353.64
Key Trade Insights: HSN Code 81029700 Export-Import Analysis
Export Decline: −20.91% CAGR Over 8 Years
India's exports under HSN Code 81029700 have declined at a compound annual rate of −20.91% over 8 fiscal years, falling from ₹15.08 Crore in FY 2018-19 to ₹2.92 Crore in FY 2025-26.
HSN Code 81029700 Ranked #7361 Among All 12872 HSN codes by Export Value
In FY 2025-26, HSN Code 81029700 ranks #7361 out of 12872 HSN codes by total export value. Within Sub-Chapter 8102, it ranks #3 of 7. By trade surplus, it ranks #4115 of 12872.
FY 2025-26 Was the Strongest Growth Year for HSN Code 81029700 Exports
The strongest single-year export movement for HSN Code 81029700 was recorded in FY 2025-26, when exports surged by 981.48% over the prior year.
India Maintains a Trade Surplus of ₹2.92 Crore in HSN Code 81029700 Goods
In FY 2025-26, India's exports of ₹2.92 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹2.92 Crore — ranking #4115 of 12872 by surplus magnitude.
HSN Code 81029700 Contributes 2.52% of Sub-Chapter 8102 Exports — Ranked #3
Among the 7 HSN codes under Sub-Chapter 8102, HSN Code 81029700 ranks #3 by export value — accounting for 2.52% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.00% share.
Frequently Asked Questions
Clear answers to common queries about HSN Code 81029700 and GST compliance.
What products are classified under HSN 81029700 ?
It includes Waste And Scrap
How much GST applies to Molybdenum Waste and Scrap?
Under HSN 81029700, Molybdenum 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 Molybdenum 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 Molybdenum 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 Molybdenum Waste and Scrap; Nil for exempt items if applicable).
Can we claim ITC on inputs used to trade Molybdenum 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 Molybdenum 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.