HSN Code 81029700: Other : Waste and scrap
HSN Code 81029700 represents Other : Waste and scrap under GST classification. This code helps businesses identify Other : 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 Other : 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?
Other : 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
India’s Trade Performance — HSN Code 81029700 in FY 2024-25
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25< ₹1 Crore
Surplus rank #5005 of 12657 HSN codes
% of Sub-Chapter 8102
FY 2024-250.23%
Share of Sub-Chapter 8102’s total exports in FY 2024-25
Import side: 0.00% of Sub-Chapter 8102’s imports
Rank Within Sub-Chapter 8102
FY 2024-25#5 of 7
Position by export value among HSN codes in Sub-Chapter 8102
At a glance
−48.85%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#9258
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+540.87%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.23%
Contribution to Sub-Ch. 8102
Share of Sub-Chapter 8102 exports in FY 2024-25
India Export-Import Trade Statistics for 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.
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
CAGR · 7-Year
Exports
−48.85% /yr
Imports
—
reference, FY 2024-25
Export
₹114.97 Cr
Import
₹386.93 Cr
Trade Balance
−271.96
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.
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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 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.