HSN Code 81033000: Waste And Scrap
HSN Code 81033000 represents Waste And Scrap under GST classification. This code helps businesses identify Waste And Scrap correctly for billing, taxation, and trade. With HSN Code 81033000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Waste And Scrap.
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Description of Goods for HSN Code 81033000
HSN Code 81033000 relates to the following description.
What does HSN Code 81033000 not include?
Waste And Scrap does not include products with the following descriptions.
Unwrought tantalum, including bars and rods obtained simply by sintering; powders : Hollow bars
Unwrought tantalum, including bars and rods obtained simply by sintering; powders : Other
Tantalum and articles thereof, including waste and scrap - other
Other: Crucibles
Other: Other
Unwrought tantalum, including bars and rods obtained simply by sintering; powders : Hollow bars
Unwrought tantalum, including bars and rods obtained simply by sintering; powders : Other
Tantalum and articles thereof, including waste and scrap - other
Other: Crucibles
Other: Other
India’s Trade Performance — HSN Code 81033000 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 #4624 of 12657 HSN codes
% of Sub-Chapter 8103
FY 2024-257.09%
Share of Sub-Chapter 8103’s total exports in FY 2024-25
Import side: 0.00% of Sub-Chapter 8103’s imports
Rank Within Sub-Chapter 8103
FY 2024-25#2 of 6
Position by export value among HSN codes in Sub-Chapter 8103
At a glance
26.27%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#8465
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+3,920.00%
Peak Growth Year
FY 2021-22 · strongest single-year move
7.09%
Contribution to Sub-Ch. 8103
Share of Sub-Chapter 8103 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 81033000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+0.13
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
2.26% of Sub-Ch. 8103
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.43% of Sub-Ch. 8103
Balance
+0.25
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+31.58% YoY
6.20% of Sub-Ch. 8103
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 8103
Balance
+0.10
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−60.00% YoY
1.81% of Sub-Ch. 8103
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8103
Balance
+4.02
Exports
4.02 ₹ Cr
0.0001% share
+3,920.00% YoY
49.94% of Sub-Ch. 8103
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8103
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 8103
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8103
Balance
+0.02
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.37% of Sub-Ch. 8103
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8103
Balance
+0.77
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+3,750.00% YoY
7.09% of Sub-Ch. 8103
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8103
CAGR · 7-Year
Exports
26.27% /yr
Imports
—
Key Trade Insights: HSN Code 81033000 Export-Import Analysis
Consistent Export Growth: 26.27% CAGR Over 7 Years
India's exports under HSN Code 81033000 have grown at a compound annual rate of 26.27% over 7 fiscal years, rising from ₹0.19 Crore in FY 2018-19 to ₹0.77 Crore in FY 2024-25.
HSN Code 81033000 Ranked #8465 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 81033000 ranks #8465 out of 12657 HSN codes by total export value. Within Sub-Chapter 8103, it ranks #2 of 6. By trade surplus, it ranks #4624 of 12657.
FY 2021-22 Was the Strongest Growth Year for HSN Code 81033000 Exports
The strongest single-year export movement for HSN Code 81033000 was recorded in FY 2021-22, when exports surged by 3,920.00% over the prior year.
India Maintains a Trade Surplus of ₹0.77 Crore in HSN Code 81033000 Goods
In FY 2024-25, India's exports of ₹0.77 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.77 Crore — ranking #4624 of 12657 by surplus magnitude.
HSN Code 81033000 Contributes 7.09% of Sub-Chapter 8103 Exports — Ranked #2
Among the 6 HSN codes under Sub-Chapter 8103, HSN Code 81033000 ranks #2 by export value — accounting for 7.09% 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 81033000 and GST compliance.
What products are classified under HSN 81033000 ?
It includes Unwrought Magnesium | Other
How much GST applies to Waste And Scrap?
Under HSN 81033000, Waste And Scrap attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Can we claim ITC on inputs used to trade 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.
Do e‑way bill and e‑invoice apply for 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.
Any common misclassification issue with 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.
How should mixed supplies be billed when 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 Waste And Scrap; Nil for exempt items if applicable).