HSN Code 81041900: Unwrought Magnesium | Other

HSN Code 81041900 represents Unwrought Magnesium | Other under GST classification. This code helps businesses identify Unwrought Magnesium | Other correctly for billing, taxation, and trade. With HSN Code 81041900, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Unwrought Magnesium | Other.

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Description of Goods for HSN Code 81041900

HSN Code 81041900 relates to the following description.

Description of Goods

Unwrought magnesium : Other

Chapter

81 - Other base metals; cermets; articles thereof

Sub Chapter

8104 - Magnesium and articles thereof, including waste and scrap

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 81041900 not include?

Unwrought Magnesium | Other does not include products with the following descriptions.

HSN Code 81042010

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’

HSN Code 81043010

Raspings, turnings and granules, graded according to size; powders : Raspings, turnings and granules, graded according to size

HSN Code 81043020

Raspings, turnings and granules, graded according to size; powders : Powders

India’s Trade Performance — HSN Code 81041900 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹4 Cr

+10.27% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹51 Cr

−4.69% vs FY 2023-24

0.0008% of India’s total imports

Trade Balance

FY 2024-25

−₹48 Cr

Trade Deficit

Surplus rank #10216 of 12657 HSN codes

% of Sub-Chapter 8104

FY 2024-25

4.15%

Share of Sub-Chapter 8104’s total exports in FY 2024-25

Import side: 5.70% of Sub-Chapter 8104’s imports

Rank Within Sub-Chapter 8104

FY 2024-25

#6 of 10

Position by export value among HSN codes in Sub-Chapter 8104

Import-side rank: #4 of 10

At a glance

45.80%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#6984

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+7,400.00%

Peak Growth Year

FY 2021-22 · strongest single-year move

4.15%

Contribution to Sub-Ch. 8104

Share of Sub-Chapter 8104 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 81041900

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #8380

Balance

−41.06

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

3.26% of Sub-Ch. 8104

Imports

41.44 ₹ Cr

0.0012% share

— YoY

8.06% of Sub-Ch. 8104

FY 2019-20 Exp. Rank #9534

Balance

−41.74

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−89.47% YoY

0.14% of Sub-Ch. 8104

Imports

41.78 ₹ Cr

0.0012% share

+0.82% YoY

9.27% of Sub-Ch. 8104

FY 2020-21 Exp. Rank #9622

Balance

−39.85

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.28% of Sub-Ch. 8104

Imports

39.89 ₹ Cr

0.0014% share

−4.52% YoY

8.66% of Sub-Ch. 8104

FY 2021-22 Exp. Rank #6901

Balance

−79.27

Exports

3.00 ₹ Cr

0.0001% share

+7,400.00% YoY

2.28% of Sub-Ch. 8104

Imports

82.27 ₹ Cr

0.0018% share

+106.24% YoY

7.88% of Sub-Ch. 8104

FY 2022-23 Exp. Rank #4192

Balance

−69.63

Exports

29.65 ₹ Cr

0.0008% share

+888.33% YoY

21.17% of Sub-Ch. 8104

Imports

99.28 ₹ Cr

0.0017% share

+20.68% YoY

7.82% of Sub-Ch. 8104

FY 2023-24 Exp. Rank #7032

Balance

−50.69

Exports

3.31 ₹ Cr

0.0001% share

−88.84% YoY

4.86% of Sub-Ch. 8104

Imports

54.00 ₹ Cr

0.0010% share

−45.61% YoY

5.62% of Sub-Ch. 8104

FY 2024-25 Exp. Rank #6984

Balance

−47.82

Exports

3.65 ₹ Cr

0.0001% share

+10.27% YoY

4.15% of Sub-Ch. 8104

Imports

51.47 ₹ Cr

0.0008% share

−4.69% YoY

5.70% of Sub-Ch. 8104

CAGR · 7-Year

Exports

45.80% /yr

Imports

3.68% /yr

Consistently Deficit
Sub-Chapter 8104 total

reference, FY 2024-25

Export

₹88.03 Cr

Import

₹903.34 Cr

Trade Balance

−815.31

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 81041900 Export-Import Analysis

Consistent Export Growth: 45.80% CAGR Over 7 Years

India's exports under HSN Code 81041900 have grown at a compound annual rate of 45.80% over 7 fiscal years, rising from ₹0.38 Crore in FY 2018-19 to ₹3.65 Crore in FY 2024-25.

HSN Code 81041900 Ranked #6984 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 81041900 ranks #6984 out of 12657 HSN codes by total export value. Within Sub-Chapter 8104, it ranks #6 of 10. By trade surplus, it ranks #10216 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 81041900 Exports

The strongest single-year export movement for HSN Code 81041900 was recorded in FY 2021-22, when exports surged by 7,400.00% over the prior year.

India Records a Trade Deficit of ₹47.82 Crore in HSN Code 81041900 Goods

In FY 2024-25, India's imports of ₹51.47 Cr exceeded exports of ₹3.65 Cr, resulting in a trade deficit of ₹47.82 Crore — ranking #10216 of 12657 by surplus magnitude.

Import Growth of 3.68% CAGR Signals Stable Import Dependency for Unwrought Magnesium | Other

India's imports under HSN Code 81041900 have grown at 3.68% CAGR, reaching ₹51.47 Crore in FY 2024-25.

HSN Code 81041900 Contributes 4.15% of Sub-Chapter 8104 Exports — Ranked #6

Among the 10 HSN codes under Sub-Chapter 8104, HSN Code 81041900 ranks #6 by export value — accounting for 4.15% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.70% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 81041900 and GST compliance.

What products are classified under HSN 81041900 ?

It includes Steel Raspings, Turnings & Granules: Graded by Size, Powders

Can we claim ITC on inputs used to trade Unwrought Magnesium / Other?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

How should mixed supplies be billed when Unwrought Magnesium / Other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Unwrought Magnesium / Other; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Unwrought Magnesium / Other?

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 much GST applies to Unwrought Magnesium / Other?

Under HSN 81041900, Unwrought Magnesium / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Unwrought Magnesium / Other?

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.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.