HSN Code 81041100: Unwrought magnesium : Containing at least 99.8% by weight of magnesium
HSN Code 81041100 represents Unwrought magnesium : Containing at least 99.8% by weight of magnesium under GST classification. This code helps businesses identify Unwrought magnesium : Containing at least 99.8% by weight of magnesium correctly for billing, taxation, and trade. With HSN Code 81041100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Unwrought magnesium : Containing at least 99.8% by weight of magnesium.
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Description of Goods for HSN Code 81041100
HSN Code 81041100 relates to the following description.
What does HSN Code 81041100 not include?
Unwrought magnesium : Containing at least 99.8% by weight of magnesium does not include products with the following descriptions.
Unwrought magnesium : Other
Waste and scrap : Magnesium scrap, namely the following : magnesium clips covered by ISRI code word ‘Wafer’; magnesium scrap covered by ISRI code word ‘Walnut’; magnesium engraver plates covered by ISRI code word ‘Wine’; magnesium dock boards covered by ISRI code word ‘Wood’; magnesium turnings covered by ISRI code word ‘World’
Waste and scrap : Other
Raspings, turnings and granules, graded according to size; powders : Raspings, turnings and granules, graded according to size
Raspings, turnings and granules, graded according to size; powders : Powders
Other : Other magnesium and magnesium base alloys, wrought
Other : Flakes
Other : Wire
Other : Other
Unwrought magnesium : Other
Waste and scrap : Magnesium scrap, namely the following : magnesium clips covered by ISRI code word ‘Wafer’; magnesium scrap covered by ISRI code word ‘Walnut’; magnesium engraver plates covered by ISRI code word ‘Wine’; magnesium dock boards covered by ISRI code word ‘Wood’; magnesium turnings covered by ISRI code word ‘World’
Waste and scrap : Other
Raspings, turnings and granules, graded according to size; powders : Raspings, turnings and granules, graded according to size
Raspings, turnings and granules, graded according to size; powders : Powders
Other : Other magnesium and magnesium base alloys, wrought
Other : Flakes
Other : Wire
Other : Other
India’s Trade Performance — HSN Code 81041100 in FY 2024-25
India’s Exports
FY 2024-25₹10 Cr
0.0003% of India’s total exports
India’s Imports
FY 2024-25₹568 Cr
0.0094% of India’s total imports
Trade Balance
FY 2024-25−₹558 Cr
Surplus rank #11968 of 12657 HSN codes
% of Sub-Chapter 8104
FY 2024-2511.46%
Share of Sub-Chapter 8104’s total exports in FY 2024-25
Import side: 62.93% of Sub-Chapter 8104’s imports
Rank Within Sub-Chapter 8104
FY 2024-25#3 of 10
Position by export value among HSN codes in Sub-Chapter 8104
Import-side rank: #1 of 10
At a glance
28.90%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#5775
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+381.14%
Peak Growth Year
FY 2021-22 · strongest single-year move
11.46%
Contribution to Sub-Ch. 8104
Share of Sub-Chapter 8104 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 81041100
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−314.04
Exports
2.20 ₹ Cr
0.0001% share
— YoY
18.85% of Sub-Ch. 8104
Imports
316.24 ₹ Cr
0.0088% share
— YoY
61.50% of Sub-Ch. 8104
Balance
−249.09
Exports
3.13 ₹ Cr
0.0001% share
+42.27% YoY
10.63% of Sub-Ch. 8104
Imports
252.22 ₹ Cr
0.0075% share
−20.24% YoY
55.94% of Sub-Ch. 8104
Balance
−241.81
Exports
2.28 ₹ Cr
0.0001% share
−27.16% YoY
15.87% of Sub-Ch. 8104
Imports
244.09 ₹ Cr
0.0084% share
−3.22% YoY
53.01% of Sub-Ch. 8104
Balance
−671.09
Exports
10.97 ₹ Cr
0.0003% share
+381.14% YoY
8.35% of Sub-Ch. 8104
Imports
682.06 ₹ Cr
0.0149% share
+179.43% YoY
65.32% of Sub-Ch. 8104
Balance
−761.10
Exports
7.38 ₹ Cr
0.0002% share
−32.73% YoY
5.27% of Sub-Ch. 8104
Imports
768.48 ₹ Cr
0.0134% share
+12.67% YoY
60.55% of Sub-Ch. 8104
Balance
−653.17
Exports
11.13 ₹ Cr
0.0003% share
+50.81% YoY
16.35% of Sub-Ch. 8104
Imports
664.30 ₹ Cr
0.0118% share
−13.56% YoY
69.14% of Sub-Ch. 8104
Balance
−558.39
Exports
10.09 ₹ Cr
0.0003% share
−9.34% YoY
11.46% of Sub-Ch. 8104
Imports
568.48 ₹ Cr
0.0094% share
−14.42% YoY
62.93% of Sub-Ch. 8104
CAGR · 7-Year
Exports
28.90% /yr
Imports
10.27% /yr
reference, FY 2024-25
Export
₹88.03 Cr
Import
₹903.34 Cr
Trade Balance
−815.31
Key Trade Insights: HSN Code 81041100 Export-Import Analysis
Consistent Export Growth: 28.90% CAGR Over 7 Years
India's exports under HSN Code 81041100 have grown at a compound annual rate of 28.90% over 7 fiscal years, rising from ₹2.20 Crore in FY 2018-19 to ₹10.09 Crore in FY 2024-25.
HSN Code 81041100 Ranked #5775 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 81041100 ranks #5775 out of 12657 HSN codes by total export value. Within Sub-Chapter 8104, it ranks #3 of 10. By trade surplus, it ranks #11968 of 12657.
FY 2021-22 Was the Strongest Growth Year for HSN Code 81041100 Exports
The strongest single-year export movement for HSN Code 81041100 was recorded in FY 2021-22, when exports surged by 381.14% over the prior year.
India Records a Trade Deficit of ₹558.39 Crore in HSN Code 81041100 Goods
In FY 2024-25, India's imports of ₹568.48 Cr exceeded exports of ₹10.09 Cr, resulting in a trade deficit of ₹558.39 Crore — ranking #11968 of 12657 by surplus magnitude.
Import Growth of 10.27% CAGR Signals Rising Demand for Unwrought magnesium : Containing at least 99.8% by weight of magnesium
India's imports under HSN Code 81041100 have grown at 10.27% CAGR, reaching ₹568.48 Crore in FY 2024-25.
HSN Code 81041100 Contributes 11.46% of Sub-Chapter 8104 Exports — Ranked #3
Among the 10 HSN codes under Sub-Chapter 8104, HSN Code 81041100 ranks #3 by export value — accounting for 11.46% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 62.93% share (rank #1).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 81041100 and GST compliance.
What products are classified under HSN 81041100 ?
It includes Graded Raspings/Turnings/Granules
How should mixed supplies be billed when Unwrought magnesium : Containing at least 99.8% by weight of magnesium is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Unwrought magnesium : Containing at least 99.8% by weight of magnesium; Nil for exempt items if applicable).
How much GST applies to Unwrought magnesium : Containing at least 99.8% by weight of magnesium?
Under HSN 81041100, Unwrought magnesium : Containing at least 99.8% by weight of magnesium attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Do e‑way bill and e‑invoice apply for Unwrought magnesium : Containing at least 99.8% by weight of magnesium?
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 Unwrought magnesium : Containing at least 99.8% by weight of magnesium?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Does packaging or labelling change the GST for Unwrought magnesium : Containing at least 99.8% by weight of magnesium?
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.
Can we claim ITC on inputs used to trade Unwrought magnesium : Containing at least 99.8% by weight of magnesium?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.