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HSN Code 81049010: Wrought Magnesium and Magnesium Base Alloys
HSN Code 81049010 represents Wrought Magnesium and Magnesium Base Alloys under GST classification. This code helps businesses identify Wrought Magnesium and Magnesium Base Alloys correctly for billing, taxation, and trade. With HSN Code 81049010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Wrought Magnesium and Magnesium Base Alloys.
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Description of Goods for HSN Code 81049010
HSN Code 81049010 relates to the following description.
What does HSN Code 81049010 not include?
Wrought Magnesium and Magnesium Base Alloys does not include products with the following descriptions.
Unwrought magnesium : Containing at least 99.8% by weight of magnesium
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 : Flakes
Other : Wire
Other : Other
Unwrought magnesium : Containing at least 99.8% by weight of magnesium
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 : Flakes
Other : Wire
Other : Other
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India’s Trade Performance — HSN Code 81049010 in FY 2025-26
India’s Exports
FY 2025-26< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2025-26₹11 Cr
0.0002% of India’s total imports
Trade Balance
FY 2025-26−₹10 Cr
Surplus rank #9103 of 12872 HSN codes
% of Sub-Chapter 8104
FY 2025-260.85%
Share of Sub-Chapter 8104’s total exports in FY 2025-26
Import side: 1.17% of Sub-Chapter 8104’s imports
Rank Within Sub-Chapter 8104
FY 2025-26#6 of 10
Position by export value among HSN codes in Sub-Chapter 8104
Import-side rank: #6 of 10
At a glance
33.61%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#8612
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+8,383.33%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.85%
Contribution to Sub-Ch. 8104
Share of Sub-Chapter 8104 exports in FY 2025-26
India Export-Import Trade Statistics for HSN Code 81049010
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−8.17
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.86% of Sub-Ch. 8104
Imports
8.27 ₹ Cr
0.0002% share
— YoY
1.61% of Sub-Ch. 8104
Balance
−7.17
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+10.00% YoY
0.37% of Sub-Ch. 8104
Imports
7.28 ₹ Cr
0.0002% share
−11.97% YoY
1.61% of Sub-Ch. 8104
Balance
−8.53
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−45.45% YoY
0.42% of Sub-Ch. 8104
Imports
8.59 ₹ Cr
0.0003% share
+17.99% YoY
1.87% of Sub-Ch. 8104
Balance
−5.27
Exports
5.09 ₹ Cr
0.0002% share
+8,383.33% YoY
3.87% of Sub-Ch. 8104
Imports
10.36 ₹ Cr
0.0002% share
+20.61% YoY
0.99% of Sub-Ch. 8104
Balance
−22.24
Exports
1.22 ₹ Cr
0.0000% share
−76.03% YoY
0.87% of Sub-Ch. 8104
Imports
23.46 ₹ Cr
0.0004% share
+126.45% YoY
1.85% of Sub-Ch. 8104
Balance
−16.70
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−39.34% YoY
1.09% of Sub-Ch. 8104
Imports
17.44 ₹ Cr
0.0003% share
−25.66% YoY
1.82% of Sub-Ch. 8104
Balance
−12.41
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−14.86% YoY
0.72% of Sub-Ch. 8104
Imports
13.04 ₹ Cr
0.0002% share
−25.23% YoY
1.44% of Sub-Ch. 8104
Balance
−9.83
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+20.63% YoY
0.85% of Sub-Ch. 8104
Imports
10.59 ₹ Cr
0.0002% share
−18.79% YoY
1.17% of Sub-Ch. 8104
CAGR · 8-Year
Exports
33.61% /yr
Imports
3.60% /yr
reference, FY 2025-26
Export
₹89.71 Cr
Import
₹901.77 Cr
Trade Balance
−812.06
Key Trade Insights: HSN Code 81049010 Export-Import Analysis
Consistent Export Growth: 33.61% CAGR Over 8 Years
India's exports under HSN Code 81049010 have grown at a compound annual rate of 33.61% over 8 fiscal years, rising from ₹0.10 Crore in FY 2018-19 to ₹0.76 Crore in FY 2025-26.
HSN Code 81049010 Ranked #8612 Among All 12872 HSN codes by Export Value
In FY 2025-26, HSN Code 81049010 ranks #8612 out of 12872 HSN codes by total export value. Within Sub-Chapter 8104, it ranks #6 of 10. By trade surplus, it ranks #9103 of 12872.
FY 2021-22 Was the Strongest Growth Year for HSN Code 81049010 Exports
The strongest single-year export movement for HSN Code 81049010 was recorded in FY 2021-22, when exports surged by 8,383.33% over the prior year.
India Records a Trade Deficit of ₹9.83 Crore in HSN Code 81049010 Goods
In FY 2025-26, India's imports of ₹10.59 Cr exceeded exports of ₹0.76 Cr, resulting in a trade deficit of ₹9.83 Crore — ranking #9103 of 12872 by surplus magnitude.
Import Growth of 3.60% CAGR Signals Stable Import Dependency for Wrought Magnesium and Magnesium Base Alloys
India's imports under HSN Code 81049010 have grown at 3.60% CAGR, reaching ₹10.59 Crore in FY 2025-26.
HSN Code 81049010 Contributes 0.85% of Sub-Chapter 8104 Exports — Ranked #6
Among the 10 HSN codes under Sub-Chapter 8104, HSN Code 81049010 ranks #6 by export value — accounting for 0.85% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 1.17% share (rank #6).
Frequently Asked Questions
Clear answers to common queries about HSN Code 81049010 and GST compliance.
What products are classified under HSN 81049010 ?
It includes Cobalt Mattes & Intermediate Products
Can we claim ITC on inputs used to trade Wrought Magnesium and Magnesium Base Alloys?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Any common misclassification issue with Wrought Magnesium and Magnesium Base Alloys?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
How should mixed supplies be billed when Wrought Magnesium and Magnesium Base Alloys is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Wrought Magnesium and Magnesium Base Alloys; Nil for exempt items if applicable).
Does packaging or labelling change the GST for Wrought Magnesium and Magnesium Base Alloys?
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 Wrought Magnesium and Magnesium Base Alloys?
Under HSN 81049010, Wrought Magnesium and Magnesium Base Alloys attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Do e‑way bill and e‑invoice apply for Wrought Magnesium and Magnesium Base Alloys?
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.