HSN Code 81110020: Cobalt Waste and Scrap
HSN Code 81110020 represents Cobalt Waste and Scrap under GST classification. This code helps businesses identify Cobalt Waste and Scrap correctly for billing, taxation, and trade. With HSN Code 81110020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cobalt 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 81110020
HSN Code 81110020 relates to the following description.
What does HSN Code 81110020 not include?
Cobalt Waste and Scrap does not include products with the following descriptions.
Manganese and articles thereof, including waste and scrap : Unwrought manganese and 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 81110020 in FY 2024-25
India’s Exports
FY 2024-25₹2 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹2 Cr
Surplus rank #4210 of 12657 HSN codes
% of Sub-Chapter 8111
FY 2024-253.93%
Share of Sub-Chapter 8111’s total exports in FY 2024-25
Import side: 0.00% of Sub-Chapter 8111’s imports
Rank Within Sub-Chapter 8111
FY 2024-25#3 of 4
Position by export value among HSN codes in Sub-Chapter 8111
At a glance
10.62%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#7568
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+2,857.14%
Peak Growth Year
FY 2024-25 · strongest single-year move
3.93%
Contribution to Sub-Ch. 8111
Share of Sub-Chapter 8111 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 81110020
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+1.01
Exports
1.13 ₹ Cr
0.0000% share
— YoY
3.62% of Sub-Ch. 8111
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.02% of Sub-Ch. 8111
Balance
+0.28
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−47.79% YoY
1.72% of Sub-Ch. 8111
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+158.33% YoY
0.05% of Sub-Ch. 8111
Balance
+0.91
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+54.24% YoY
2.42% of Sub-Ch. 8111
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 8111
Balance
+2.47
Exports
2.47 ₹ Cr
0.0001% share
+171.43% YoY
3.91% of Sub-Ch. 8111
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8111
Balance
+2.10
Exports
2.10 ₹ Cr
0.0001% share
−14.98% YoY
3.89% of Sub-Ch. 8111
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8111
Balance
+0.07
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−96.67% YoY
0.12% of Sub-Ch. 8111
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8111
Balance
+2.07
Exports
2.07 ₹ Cr
0.0001% share
+2,857.14% YoY
3.93% of Sub-Ch. 8111
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8111
CAGR · 7-Year
Exports
10.62% /yr
Imports
—
reference, FY 2024-25
Export
₹52.63 Cr
Import
₹925.74 Cr
Trade Balance
−873.11
Key Trade Insights: HSN Code 81110020 Export-Import Analysis
Consistent Export Growth: 10.62% CAGR Over 7 Years
India's exports under HSN Code 81110020 have grown at a compound annual rate of 10.62% over 7 fiscal years, rising from ₹1.13 Crore in FY 2018-19 to ₹2.07 Crore in FY 2024-25.
HSN Code 81110020 Ranked #7568 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 81110020 ranks #7568 out of 12657 HSN codes by total export value. Within Sub-Chapter 8111, it ranks #3 of 4. By trade surplus, it ranks #4210 of 12657.
FY 2024-25 Was the Strongest Growth Year for HSN Code 81110020 Exports
The strongest single-year export movement for HSN Code 81110020 was recorded in FY 2024-25, when exports surged by 2,857.14% over the prior year.
India Maintains a Trade Surplus of ₹2.07 Crore in HSN Code 81110020 Goods
In FY 2024-25, India's exports of ₹2.07 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹2.07 Crore — ranking #4210 of 12657 by surplus magnitude.
HSN Code 81110020 Contributes 3.93% of Sub-Chapter 8111 Exports — Ranked #3
Among the 4 HSN codes under Sub-Chapter 8111, HSN Code 81110020 ranks #3 by export value — accounting for 3.93% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.
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 81110020 and GST compliance.
What products are classified under HSN 81110020 ?
It includes Beryllium : Waste and scrap
How much GST applies to Cobalt Waste and Scrap?
Under HSN 81110020, Cobalt Waste and Scrap attracts Varies when sold in taxable form. Describe the exact form on the invoice.
How should mixed supplies be billed when Cobalt 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 Cobalt Waste and Scrap; Nil for exempt items if applicable).
Does packaging or labelling change the GST for Cobalt 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.
Can we claim ITC on inputs used to trade Cobalt 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.
Any common misclassification issue with Cobalt 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.