2604 HSN Code: Nickel ores & extracts

HSN Sub Chapter 2604 represents Nickel ores & extracts under GST classification. This code helps businesses identify Nickel ores & extracts correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2604, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Nickel ores & extracts.

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New GST Rate for HSN Code 2604

GST Rate for Nickel ores & extracts under HSN Code 2604. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

26

HSN Code

2604

HSN Description

Nickel ores and concentrates

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 2604

Following tariff HSN codes fall under Nickel ores & extracts.

Tariff HSN

26040000

Description

Nickel ores and concentrates

India’s Trade Performance — HSN Sub-Chapter 2604 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

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #530 of 1233 subchapters

% of Chapter 26

FY 2024-25

0.00%

Share of Chapter 26’s total exports in FY 2024-25

Import side: 0.00% of Chapter 26’s imports

At a glance

−100.00%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.00%

Contribution to Ch. 26

Share of Chapter 26 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 2604

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 #1178

Balance

+0.14

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Ch. 26

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Ch. 26

FY 2019-20

Balance

−0.02

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Ch. 26

Imports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.00% of Ch. 26

FY 2020-21

Balance

−0.64

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Ch. 26

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+3,100.00% YoY

0.00% of Ch. 26

FY 2021-22 Exp. Rank #1150

Balance

−1.10

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Ch. 26

Imports

1.62 ₹ Cr

0.0000% share

+153.13% YoY

0.00% of Ch. 26

FY 2022-23

Balance

−0.04

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Ch. 26

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−97.53% YoY

0.00% of Ch. 26

FY 2023-24 Exp. Rank #1173

Balance

+0.30

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Ch. 26

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Ch. 26

FY 2024-25

Balance

−0.31

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Ch. 26

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Ch. 26

CAGR · 7-Year

Exports

—

Imports

57.90% /yr

Consistently Deficit
Chapter 26 total

reference, FY 2024-25

Export

₹19,892.22 Cr

Import

₹61,194.74 Cr

Trade Balance

−41,302.52

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Sub-Chapter 2604 Export-Import Analysis

Export Snapshot for HSN Sub-Chapter 2604

India exported ₹0.00 Crore worth of Nickel ores & extracts in FY 2024-25. Multi-year trend data is being compiled for this hsn sub-chapter.

FY 2019-20 Was the Strongest Growth Year for HSN Sub-Chapter 2604 Exports

The strongest single-year export movement for HSN Sub-Chapter 2604 was recorded in FY 2019-20, when exports declined by 100.00% over the prior year.

India Records a Trade Deficit of ₹0.31 Crore in HSN Sub-Chapter 2604 Goods

In FY 2024-25, India's imports of ₹0.31 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.31 Crore — ranking #530 of 1233 by surplus magnitude.

Import Growth of 57.90% CAGR Signals Rising Demand for Nickel ores & extracts

India's imports under HSN Sub-Chapter 2604 have grown at 57.90% CAGR, reaching ₹0.31 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 2604 and GST compliance.

What products are classified under HSN 2604

It includes Nickel ores & extracts

What are the e‑way bill and e‑invoice points while moving Nickel ores & extracts?

Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.

Is the composition scheme suitable if I mainly trade Nickel ores & extracts?

The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.

Do spares or accessories of Nickel ores & extracts follow the same HSN?

Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.

How should I document Nickel ores & extracts sent for job work?

Use a delivery challan for sending Nickel ores & extracts to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.

What should my invoice and records include for Nickel ores & extracts?

Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.

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.

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