HSN Code 81042090: Waste and scrap : Other

HSN Code 81042090 represents Waste and scrap : Other under GST classification. This code helps businesses identify Waste and scrap : Other correctly for billing, taxation, and trade. With HSN Code 81042090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Waste and scrap : Other.

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Description of Goods for HSN Code 81042090

HSN Code 81042090 relates to the following description.

Description of Goods

Waste and scrap : 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 81042090 not include?

Waste and scrap : 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 81042090 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

₹7 Cr

−56.62% vs FY 2023-24

0.0002% of India’s total exports

India’s Imports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹7 Cr

Trade Surplus

Surplus rank #3547 of 12657 HSN codes

% of Sub-Chapter 8104

FY 2024-25

7.93%

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

Import side: 0.00% of Sub-Chapter 8104’s imports

Rank Within Sub-Chapter 8104

FY 2024-25

#5 of 10

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

At a glance

42.04%

Export CAGR

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

#6229

National Export Rank

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

+2,366.67%

Peak Growth Year

FY 2021-22 · strongest single-year move

7.93%

Contribution to Sub-Ch. 8104

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

India Export-Import Trade Statistics for HSN Code 81042090

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 #7756

Balance

+0.85

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

7.28% of Sub-Ch. 8104

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8104

FY 2019-20 Exp. Rank #6552

Balance

+2.81

Exports

2.81 ₹ Cr

0.0001% share

+230.59% YoY

9.54% of Sub-Ch. 8104

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8104

FY 2020-21 Exp. Rank #8056

Balance

+0.63

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−77.58% YoY

4.38% of Sub-Ch. 8104

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8104

FY 2021-22 Exp. Rank #4930

Balance

+15.54

Exports

15.54 ₹ Cr

0.0005% share

+2,366.67% YoY

11.82% of Sub-Ch. 8104

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8104

FY 2022-23 Exp. Rank #5018

Balance

+15.54

Exports

15.54 ₹ Cr

0.0004% share

0.00% YoY

11.10% of Sub-Ch. 8104

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8104

FY 2023-24 Exp. Rank #5075

Balance

+16.09

Exports

16.09 ₹ Cr

0.0004% share

+3.54% YoY

23.64% of Sub-Ch. 8104

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8104

FY 2024-25 Exp. Rank #6229

Balance

+6.98

Exports

6.98 ₹ Cr

0.0002% share

−56.62% YoY

7.93% of Sub-Ch. 8104

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8104

CAGR · 7-Year

Exports

42.04% /yr

Imports

—

Consistently Surplus
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 81042090 Export-Import Analysis

Consistent Export Growth: 42.04% CAGR Over 7 Years

India's exports under HSN Code 81042090 have grown at a compound annual rate of 42.04% over 7 fiscal years, rising from ₹0.85 Crore in FY 2018-19 to ₹6.98 Crore in FY 2024-25.

HSN Code 81042090 Ranked #6229 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 81042090 ranks #6229 out of 12657 HSN codes by total export value. Within Sub-Chapter 8104, it ranks #5 of 10. By trade surplus, it ranks #3547 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 81042090 Exports

The strongest single-year export movement for HSN Code 81042090 was recorded in FY 2021-22, when exports surged by 2,366.67% over the prior year.

India Maintains a Trade Surplus of ₹6.98 Crore in HSN Code 81042090 Goods

In FY 2024-25, India's exports of ₹6.98 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹6.98 Crore — ranking #3547 of 12657 by surplus magnitude.

HSN Code 81042090 Contributes 7.93% of Sub-Chapter 8104 Exports — Ranked #5

Among the 10 HSN codes under Sub-Chapter 8104, HSN Code 81042090 ranks #5 by export value — accounting for 7.93% 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 81042090 and GST compliance.

What products are classified under HSN 81042090 ?

It includes Other | Flakes

How much GST applies to Waste and scrap : Other?

Under HSN 81042090, Waste and scrap : Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Waste and scrap : Other 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 : Other; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Waste and scrap : Other?

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 Waste and scrap : 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.

Any common misclassification issue with Waste and scrap : Other?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

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.