--- title: "HSN Code for Magnesium Scrap| Wafer, Walnut, Wine, Etc. | HSN 81042010 GST Rate" description: "Find HSN and GST Rates for 81042010 related to Magnesium Scrap| Wafer, Walnut, Wine, Etc. with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-81042010/" --- # HSN Code 81042010: Magnesium Scrap| Wafer, Walnut, Wine, Etc. - [Section 15: Guide to HSN Section 15](https://busy.in/hsn/section-15/) - [Chapter 81: Other Base Metals, Cermets, etc](https://busy.in/hsn/chapter-81/) - [Sub-chapter 8104: Magnesium articles](https://busy.in/hsn/sub-chapter-8104/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | 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’ | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 81042010 ? It includes Magnesium base alloys ### How should mixed supplies be billed when Magnesium Scrap/ Wafer, Walnut, Wine, Etc. is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Magnesium Scrap/ Wafer, Walnut, Wine, Etc.; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Magnesium Scrap/ Wafer, Walnut, Wine, Etc.? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Does packaging or labelling change the GST for Magnesium Scrap/ Wafer, Walnut, Wine, Etc.? 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. ### Do e‑way bill and e‑invoice apply for Magnesium Scrap/ Wafer, Walnut, Wine, Etc.? 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 Magnesium Scrap/ Wafer, Walnut, Wine, Etc.? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How much GST applies to Magnesium Scrap/ Wafer, Walnut, Wine, Etc.? Under HSN 81042010, Magnesium Scrap/ Wafer, Walnut, Wine, Etc. attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 81042010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹27 Cr (−18.00% YoY) — 0.0007% of India's total exports - Imports: ₹5 Cr (+2.76% YoY) — 0.0001% of India's total imports - Trade balance: ₹22 Cr (Surplus); surplus rank #2773 of 12657 HSN codes - Share of Sub-Chapter 8104: 30.43% of its exports; import side 0.58% - Rank within Sub-Chapter 8104: #2 of 10 by export value; import-side #7 ### Key metrics - Export CAGR: 27.87% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4483 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +819.12% in FY 2021-22 - Contribution to Sub-Ch. 8104: 30.43% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 81042010 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 8104 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8104 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 6.13 | 0.0003% | — | 52.53% | < ₹1 Crore | 0.0000% | — | 0.11% | +5.55 | #5613 | | FY 2019-20 | 17.79 | 0.0008% | +190.21% | 60.43% | < ₹1 Crore | 0.0000% | −39.66% | 0.08% | +17.44 | #4275 | | FY 2020-21 | 10.04 | 0.0005% | −43.56% | 69.87% | Nil | 0.0000% | −100.00% | 0.00% | +10.04 | #5074 | | FY 2021-22 | 92.28 | 0.0029% | +819.12% | 70.22% | < ₹1 Crore | 0.0000% | — | 0.07% | +91.52 | #2530 | | FY 2022-23 | 82.99 | 0.0023% | −10.07% | 59.25% | 2.59 | 0.0000% | +240.79% | 0.20% | +80.40 | #2798 | | FY 2023-24 | 32.67 | 0.0009% | −60.63% | 47.99% | 5.07 | 0.0001% | +95.75% | 0.53% | +27.60 | #4124 | | FY 2024-25 | 26.79 | 0.0007% | −18.00% | 30.43% | 5.21 | 0.0001% | +2.76% | 0.58% | +21.58 | #4483 | - CAGR (7-year): exports 27.87%/yr, imports 44.18%/yr (consistently Surplus) ## Key trade insights: HSN Code 81042010 export-import analysis ### Consistent export growth: 27.87% CAGR over 7 years India's exports under HSN Code 81042010 have grown at a compound annual rate of 27.87% over 7 fiscal years, rising from ₹6.13 Crore in FY 2018-19 to ₹26.79 Crore in FY 2024-25. ### HSN Code 81042010 ranked #4483 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 81042010 ranks #4483 out of 12657 HSN codes by total export value. Within Sub-Chapter 8104, it ranks #2 of 10. By trade surplus, it ranks #2773 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 81042010 exports The strongest single-year export movement for HSN Code 81042010 was recorded in FY 2021-22, when exports surged by 819.12% over the prior year. ### India maintains a trade surplus of ₹21.58 Crore in HSN Code 81042010 goods In FY 2024-25, India's exports of ₹26.79 Cr exceeded imports of ₹5.21 Cr, resulting in a trade surplus of ₹21.58 Crore — ranking #2773 of 12657 by surplus magnitude. ### Import growth of 44.18% CAGR signals rising demand for Magnesium Scrap| Wafer, Walnut, Wine, Etc. India's imports under HSN Code 81042010 have grown at 44.18% CAGR, reaching ₹5.21 Crore in FY 2024-25. ### HSN Code 81042010 contributes 30.43% of Sub-Chapter 8104 exports — ranked #2 Among the 10 HSN codes under Sub-Chapter 8104, HSN Code 81042010 ranks #2 by export value — accounting for 30.43% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.58% share (rank #7). ## Related HSN Codes in Sub-Chapter 8104 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 81049090: Other : Other](https://busy.in/hsn/hsn-81049090/) | ₹30 Cr | | #2 | HSN Code 81042010: Magnesium Scrap\| Wafer, Walnut, Wine, Etc. (this hsn code) | ₹27 Cr | | #3 | [HSN Code 81041100: Unwrought magnesium : Containing at least 99.8% by weight of magnesium](https://busy.in/hsn/hsn-81041100/) | ₹10 Cr | | #4 | [HSN Code 81043020: Steel Raspings, Turnings & Granules: Graded by Size, Powders](https://busy.in/hsn/hsn-81043020/) | ₹9 Cr | | #5 | [HSN Code 81042090: Waste and scrap : Other](https://busy.in/hsn/hsn-81042090/) | ₹7 Cr | | #6 | [HSN Code 81041900: Unwrought Magnesium \| Other](https://busy.in/hsn/hsn-81041900/) | ₹4 Cr | | #7 | [HSN Code 81049010: Magnesium base alloys](https://busy.in/hsn/hsn-81049010/) | < ₹1 Crore | | #8 | [HSN Code 81043010: Graded Raspings/Turnings/Granules](https://busy.in/hsn/hsn-81043010/) | < ₹1 Crore | | #9 | [HSN Code 81049030: Other : Wire](https://busy.in/hsn/hsn-81049030/) | < ₹1 Crore | | — | [HSN Code 81049020: Other \| Flakes](https://busy.in/hsn/hsn-81049020/) | Nil |