HSN Code 81043010: Graded Raspings/Turnings/Granules

HSN Code 81043010 represents Graded Raspings/Turnings/Granules under GST classification. This code helps businesses identify Graded Raspings/Turnings/Granules correctly for billing, taxation, and trade. With HSN Code 81043010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Graded Raspings/Turnings/Granules.

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Description of Goods for HSN Code 81043010

HSN Code 81043010 relates to the following description.

Description of Goods

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

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 81043010 not include?

Graded Raspings/Turnings/Granules 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 81043020

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

India’s Trade Performance — HSN Code 81043010 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

< ₹1 Crore

+23.08% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹198 Cr

+44.06% vs FY 2023-24

0.0033% of India’s total imports

Trade Balance

FY 2024-25

−₹198 Cr

Trade Deficit

Surplus rank #11307 of 12657 HSN codes

% of Sub-Chapter 8104

FY 2024-25

0.18%

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

Import side: 21.94% of Sub-Chapter 8104’s imports

Rank Within Sub-Chapter 8104

FY 2024-25

#8 of 10

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

Import-side rank: #2 of 10

At a glance

1.08%

Export CAGR

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

#9538

National Export Rank

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

+33.33%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.18%

Contribution to Sub-Ch. 8104

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

India Export-Import Trade Statistics for HSN Code 81043010

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 #8982

Balance

−85.55

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

1.29% of Sub-Ch. 8104

Imports

85.70 ₹ Cr

0.0024% share

— YoY

16.67% of Sub-Ch. 8104

FY 2019-20

Balance

−70.36

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8104

Imports

70.36 ₹ Cr

0.0021% share

−17.90% YoY

15.61% of Sub-Ch. 8104

FY 2020-21 Exp. Rank #9417

Balance

−79.14

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.49% of Sub-Ch. 8104

Imports

79.21 ₹ Cr

0.0027% share

+12.58% YoY

17.20% of Sub-Ch. 8104

FY 2021-22 Exp. Rank #9591

Balance

−132.79

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+28.57% YoY

0.07% of Sub-Ch. 8104

Imports

132.88 ₹ Cr

0.0029% share

+67.76% YoY

12.73% of Sub-Ch. 8104

FY 2022-23 Exp. Rank #9559

Balance

−276.42

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+33.33% YoY

0.09% of Sub-Ch. 8104

Imports

276.54 ₹ Cr

0.0048% share

+108.11% YoY

21.79% of Sub-Ch. 8104

FY 2023-24 Exp. Rank #9670

Balance

−137.46

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+8.33% YoY

0.19% of Sub-Ch. 8104

Imports

137.59 ₹ Cr

0.0025% share

−50.25% YoY

14.32% of Sub-Ch. 8104

FY 2024-25 Exp. Rank #9538

Balance

−198.05

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+23.08% YoY

0.18% of Sub-Ch. 8104

Imports

198.21 ₹ Cr

0.0033% share

+44.06% YoY

21.94% of Sub-Ch. 8104

CAGR · 7-Year

Exports

1.08% /yr

Imports

15.00% /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 81043010 Export-Import Analysis

Consistent Export Growth: 1.08% CAGR Over 7 Years

India's exports under HSN Code 81043010 have grown at a compound annual rate of 1.08% over 7 fiscal years, rising from ₹0.15 Crore in FY 2018-19 to ₹0.16 Crore in FY 2024-25.

HSN Code 81043010 Ranked #9538 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 81043010 ranks #9538 out of 12657 HSN codes by total export value. Within Sub-Chapter 8104, it ranks #8 of 10. By trade surplus, it ranks #11307 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 81043010 Exports

The strongest single-year export movement for HSN Code 81043010 was recorded in FY 2022-23, when exports surged by 33.33% over the prior year.

India Records a Trade Deficit of ₹198.05 Crore in HSN Code 81043010 Goods

In FY 2024-25, India's imports of ₹198.21 Cr exceeded exports of ₹0.16 Cr, resulting in a trade deficit of ₹198.05 Crore — ranking #11307 of 12657 by surplus magnitude.

Import Growth of 15.00% CAGR Signals Rising Demand for Graded Raspings/Turnings/Granules

India's imports under HSN Code 81043010 have grown at 15.00% CAGR, reaching ₹198.21 Crore in FY 2024-25.

HSN Code 81043010 Contributes 0.18% of Sub-Chapter 8104 Exports — Ranked #8

Among the 10 HSN codes under Sub-Chapter 8104, HSN Code 81043010 ranks #8 by export value — accounting for 0.18% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 21.94% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 81043010 and GST compliance.

What products are classified under HSN 81043010 ?

It includes Other : Wire

How should mixed supplies be billed when Graded Raspings/Turnings/Granules is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Graded Raspings/Turnings/Granules; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Graded Raspings/Turnings/Granules?

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 Graded Raspings/Turnings/Granules?

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.

How much GST applies to Graded Raspings/Turnings/Granules?

Under HSN 81043010, Graded Raspings/Turnings/Granules attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Graded Raspings/Turnings/Granules?

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.