HSN Code 81110010: Nickel Waste and Scrap
HSN Code 81110010 represents Nickel Waste and Scrap under GST classification. This code helps businesses identify Nickel Waste and Scrap correctly for billing, taxation, and trade. With HSN Code 81110010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Nickel Waste and Scrap.
Experience the power of Expert Accounting
Join our guided walkthrough to see how BUSY can transform your business operations.
Description of Goods for HSN Code 81110010
HSN Code 81110010 relates to the following description.
What does HSN Code 81110010 not include?
Nickel Waste and Scrap does not include products with the following descriptions.
Manganese and articles thereof, including waste and scrap : Waste and scrap of manganese base alloys
Manganese and articles thereof, including waste and scrap : Wrought manganese
Manganese and articles thereof, including waste and scrap : Other
India’s Trade Performance — HSN Code 81110010 in FY 2024-25
India’s Exports
FY 2024-25₹48 Cr
0.0013% of India’s total exports
India’s Imports
FY 2024-25₹865 Cr
0.0142% of India’s total imports
Trade Balance
FY 2024-25−₹817 Cr
Surplus rank #12138 of 12657 HSN codes
% of Sub-Chapter 8111
FY 2024-2591.24%
Share of Sub-Chapter 8111’s total exports in FY 2024-25
Import side: 93.44% of Sub-Chapter 8111’s imports
Rank Within Sub-Chapter 8111
FY 2024-25#1 of 4
Position by export value among HSN codes in Sub-Chapter 8111
Import-side rank: #1 of 4
At a glance
8.27%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3681
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+184.77%
Peak Growth Year
FY 2021-22 · strongest single-year move
91.24%
Contribution to Sub-Ch. 8111
Share of Sub-Chapter 8111 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 81110010
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−561.85
Exports
29.81 ₹ Cr
0.0013% share
— YoY
95.48% of Sub-Ch. 8111
Imports
591.66 ₹ Cr
0.0165% share
— YoY
77.07% of Sub-Ch. 8111
Balance
−551.24
Exports
11.88 ₹ Cr
0.0005% share
−60.15% YoY
34.54% of Sub-Ch. 8111
Imports
563.12 ₹ Cr
0.0168% share
−4.82% YoY
91.00% of Sub-Ch. 8111
Balance
−463.61
Exports
10.57 ₹ Cr
0.0005% share
−11.03% YoY
28.14% of Sub-Ch. 8111
Imports
474.18 ₹ Cr
0.0163% share
−15.79% YoY
96.12% of Sub-Ch. 8111
Balance
−1,142.01
Exports
30.10 ₹ Cr
0.0010% share
+184.77% YoY
47.69% of Sub-Ch. 8111
Imports
1,172.11 ₹ Cr
0.0256% share
+147.19% YoY
91.91% of Sub-Ch. 8111
Balance
−805.39
Exports
51.24 ₹ Cr
0.0014% share
+70.23% YoY
94.98% of Sub-Ch. 8111
Imports
856.63 ₹ Cr
0.0149% share
−26.92% YoY
79.50% of Sub-Ch. 8111
Balance
−755.16
Exports
55.97 ₹ Cr
0.0015% share
+9.23% YoY
99.45% of Sub-Ch. 8111
Imports
811.13 ₹ Cr
0.0144% share
−5.31% YoY
90.99% of Sub-Ch. 8111
Balance
−817.00
Exports
48.02 ₹ Cr
0.0013% share
−14.20% YoY
91.24% of Sub-Ch. 8111
Imports
865.02 ₹ Cr
0.0142% share
+6.64% YoY
93.44% of Sub-Ch. 8111
CAGR · 7-Year
Exports
8.27% /yr
Imports
6.54% /yr
reference, FY 2024-25
Export
₹52.63 Cr
Import
₹925.74 Cr
Trade Balance
−873.11
Key Trade Insights: HSN Code 81110010 Export-Import Analysis
Consistent Export Growth: 8.27% CAGR Over 7 Years
India's exports under HSN Code 81110010 have grown at a compound annual rate of 8.27% over 7 fiscal years, rising from ₹29.81 Crore in FY 2018-19 to ₹48.02 Crore in FY 2024-25.
HSN Code 81110010 Ranked #3681 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 81110010 ranks #3681 out of 12657 HSN codes by total export value. Within Sub-Chapter 8111, it ranks #1 of 4. By trade surplus, it ranks #12138 of 12657.
FY 2021-22 Was the Strongest Growth Year for HSN Code 81110010 Exports
The strongest single-year export movement for HSN Code 81110010 was recorded in FY 2021-22, when exports surged by 184.77% over the prior year.
India Records a Trade Deficit of ₹817.00 Crore in HSN Code 81110010 Goods
In FY 2024-25, India's imports of ₹865.02 Cr exceeded exports of ₹48.02 Cr, resulting in a trade deficit of ₹817.00 Crore — ranking #12138 of 12657 by surplus magnitude.
Import Growth of 6.54% CAGR Signals Stable Import Dependency for Nickel Waste and Scrap
India's imports under HSN Code 81110010 have grown at 6.54% CAGR, reaching ₹865.02 Crore in FY 2024-25.
HSN Code 81110010 Contributes 91.24% of Sub-Chapter 8111 Exports — Ranked #1
Among the 4 HSN codes under Sub-Chapter 8111, HSN Code 81110010 ranks #1 by export value — accounting for 91.24% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 93.44% share (rank #1).
Stop worrying about
HSN & TAX compliance
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Frequently Asked Questions
Clear answers to common queries about HSN Code 81110010 and GST compliance.
What products are classified under HSN 81110010 ?
It includes Beryllium Powders
Can we claim ITC on inputs used to trade Nickel Waste and Scrap?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Do e‑way bill and e‑invoice apply for Nickel Waste and Scrap?
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.
Does packaging or labelling change the GST for Nickel Waste and Scrap?
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 Nickel Waste and Scrap?
Under HSN 81110010, Nickel Waste and Scrap attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Any common misclassification issue with Nickel Waste and Scrap?
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 Nickel Waste and Scrap is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Nickel Waste and Scrap; Nil for exempt items if applicable).