HSN Code 81049030: Other : Wire
HSN Code 81049030 represents Other : Wire under GST classification. This code helps businesses identify Other : Wire correctly for billing, taxation, and trade. With HSN Code 81049030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other : Wire.
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Description of Goods for HSN Code 81049030
HSN Code 81049030 relates to the following description.
What does HSN Code 81049030 not include?
Other : Wire 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 : Other magnesium and magnesium base alloys, wrought
Other : Flakes
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 : Other magnesium and magnesium base alloys, wrought
Other : Flakes
Other : Other
India’s Trade Performance — HSN Code 81049030 in FY 2024-25
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25< ₹1 Crore
Surplus rank #5588 of 12657 HSN codes
% of Sub-Chapter 8104
FY 2024-250.05%
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#9 of 10
Position by export value among HSN codes in Sub-Chapter 8104
Import-side rank: #8 of 10
At a glance
−15.52%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#10112
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+1,000.00%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.05%
Contribution to Sub-Ch. 8104
Share of Sub-Chapter 8104 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 81049030
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+0.11
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.94% of Sub-Ch. 8104
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8104
Balance
+0.10
Exports
< ₹1 Crore ₹ Cr
0.0000% share
0.00% YoY
0.37% of Sub-Ch. 8104
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8104
Balance
+0.09
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−9.09% YoY
0.70% of Sub-Ch. 8104
Imports
< ₹1 Crore ₹ Cr
0.0000% share
0.00% YoY
0.00% of Sub-Ch. 8104
Balance
+0.07
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−30.00% YoY
0.05% of Sub-Ch. 8104
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 8104
Balance
+0.03
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−57.14% YoY
0.02% of Sub-Ch. 8104
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8104
Balance
+0.33
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+1,000.00% YoY
0.48% of Sub-Ch. 8104
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8104
Balance
+0.01
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−87.88% YoY
0.05% of Sub-Ch. 8104
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8104
CAGR · 7-Year
Exports
−15.52% /yr
Imports
—
reference, FY 2024-25
Export
₹88.03 Cr
Import
₹903.34 Cr
Trade Balance
−815.31
Key Trade Insights: HSN Code 81049030 Export-Import Analysis
Export Decline: −15.52% CAGR Over 7 Years
India's exports under HSN Code 81049030 have declined at a compound annual rate of −15.52% over 7 fiscal years, falling from ₹0.11 Crore in FY 2018-19 to ₹0.04 Crore in FY 2024-25.
HSN Code 81049030 Ranked #10112 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 81049030 ranks #10112 out of 12657 HSN codes by total export value. Within Sub-Chapter 8104, it ranks #9 of 10. By trade surplus, it ranks #5588 of 12657.
FY 2023-24 Was the Strongest Growth Year for HSN Code 81049030 Exports
The strongest single-year export movement for HSN Code 81049030 was recorded in FY 2023-24, when exports surged by 1,000.00% over the prior year.
India Maintains a Trade Surplus of ₹0.01 Crore in HSN Code 81049030 Goods
In FY 2024-25, India's exports of ₹0.04 Cr exceeded imports of ₹0.03 Cr, resulting in a trade surplus of ₹0.01 Crore — ranking #5588 of 12657 by surplus magnitude.
HSN Code 81049030 Contributes 0.05% of Sub-Chapter 8104 Exports — Ranked #9
Among the 10 HSN codes under Sub-Chapter 8104, HSN Code 81049030 ranks #9 by export value — accounting for 0.05% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #8).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 81049030 and GST compliance.
What products are classified under HSN 81049030 ?
It includes Cobalt Powders
Does packaging or labelling change the GST for Other : Wire?
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 Other : Wire?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Can we claim ITC on inputs used to trade Other : Wire?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
How much GST applies to Other : Wire?
Under HSN 81049030, Other : Wire attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Do e‑way bill and e‑invoice apply for Other : Wire?
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.