Export Decline: −13.46% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2606 have declined at a compound annual rate of −13.46% over 7 fiscal years, falling from ₹304.53 Crore in FY 2018-19 to ₹127.94 Crore in FY 2024-25.
HSN Sub Chapter 2606 represents Aluminium ores & extracts under GST classification. This code helps businesses identify Aluminium ores & extracts correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2606, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Aluminium ores & extracts.
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GST Rate for Aluminium ores & extracts under HSN Code 2606. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Aluminium ores & extracts.
India’s Exports
FY 2024-25₹128 Cr
0.0035% of India’s total exports
India’s Imports
FY 2024-25₹2,570 Cr
0.0421% of India’s total imports
Trade Balance
FY 2024-25−₹2,442 Cr
Surplus rank #1051 of 1233 subchapters
% of Chapter 26
FY 2024-250.64%
Share of Chapter 26’s total exports in FY 2024-25
Import side: 4.20% of Chapter 26’s imports
Rank Within Chapter 26
FY 2024-25#7 of 21
Position by export value among subchapters in Chapter 26
Import-side rank: #5 of 21
At a glance
−13.46%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#791
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+425.42%
Peak Growth Year
FY 2024-25 · strongest single-year move
0.64%
Contribution to Ch. 26
Share of Chapter 26 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−1,031.88
Exports
304.53 ₹ Cr
0.0133% share
— YoY
2.36% of Ch. 26
Imports
1,336.41 ₹ Cr
0.0372% share
— YoY
4.51% of Ch. 26
Balance
−939.65
Exports
142.13 ₹ Cr
0.0064% share
−53.33% YoY
0.63% of Ch. 26
Imports
1,081.78 ₹ Cr
0.0322% share
−19.05% YoY
5.79% of Ch. 26
Balance
−1,275.81
Exports
95.14 ₹ Cr
0.0044% share
−33.06% YoY
0.25% of Ch. 26
Imports
1,370.95 ₹ Cr
0.0470% share
+26.73% YoY
7.62% of Ch. 26
Balance
−1,795.79
Exports
100.53 ₹ Cr
0.0032% share
+5.67% YoY
0.37% of Ch. 26
Imports
1,896.32 ₹ Cr
0.0415% share
+38.32% YoY
4.44% of Ch. 26
Balance
−2,294.47
Exports
47.90 ₹ Cr
0.0013% share
−52.35% YoY
0.27% of Ch. 26
Imports
2,342.37 ₹ Cr
0.0407% share
+23.52% YoY
5.04% of Ch. 26
Balance
−2,795.39
Exports
24.35 ₹ Cr
0.0007% share
−49.16% YoY
0.07% of Ch. 26
Imports
2,819.74 ₹ Cr
0.0502% share
+20.38% YoY
5.69% of Ch. 26
Balance
−2,441.91
Exports
127.94 ₹ Cr
0.0035% share
+425.42% YoY
0.64% of Ch. 26
Imports
2,569.85 ₹ Cr
0.0421% share
−8.86% YoY
4.20% of Ch. 26
CAGR · 7-Year
Exports
−13.46% /yr
Imports
11.51% /yr
reference, FY 2024-25
Export
₹19,892.22 Cr
Import
₹61,194.74 Cr
Trade Balance
−41,302.52
India's exports under HSN Sub-Chapter 2606 have declined at a compound annual rate of −13.46% over 7 fiscal years, falling from ₹304.53 Crore in FY 2018-19 to ₹127.94 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2606 ranks #791 out of 1233 subchapters by total export value. Within Chapter 26, it ranks #7 of 21. By trade surplus, it ranks #1051 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2606 was recorded in FY 2024-25, when exports surged by 425.42% over the prior year.
In FY 2024-25, India's imports of ₹2,569.85 Cr exceeded exports of ₹127.94 Cr, resulting in a trade deficit of ₹2,441.91 Crore — ranking #1051 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2606 have grown at 11.51% CAGR, reaching ₹2,569.85 Crore in FY 2024-25.
Among the 21 subchapters under Chapter 26, HSN Sub-Chapter 2606 ranks #7 by export value — accounting for 0.64% of the chapter's total exports in FY 2024-25. On the import side, it holds 4.20% share (rank #5).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 2606 and GST compliance.
It includes Aluminium ores & extracts
Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.
Use a delivery challan for sending Aluminium 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.
If your outward supply of Aluminium ores & extracts is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.
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.
Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.