2606 HSN Code: Aluminium ores & extracts

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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New GST Rate for HSN Code 2606

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.

Chapter No

26

HSN Code

HSN Description

Aluminium ores and concentrates

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 2606

Following tariff HSN codes fall under Aluminium ores & extracts.

Tariff HSN

Description

Aluminium ores and concentrates : Bauxite (natural), not calcined

Tariff HSN

Description

Aluminium ores and concentrates : Bauxite (natural), calcined

Tariff HSN

Description

Aluminium ores and concentrates : Other aluminium ores and concentrates

India’s Trade Performance — HSN Sub-Chapter 2606 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

₹128 Cr

+425.42% vs FY 2023-24

0.0035% of India’s total exports

India’s Imports

FY 2024-25

₹2,570 Cr

−8.86% vs FY 2023-24

0.0421% of India’s total imports

Trade Balance

FY 2024-25

−₹2,442 Cr

Trade Deficit

Surplus rank #1051 of 1233 subchapters

% of Chapter 26

FY 2024-25

0.64%

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

India Export-Import Trade Statistics for HSN Sub-Chapter 2606

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 #525

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

FY 2019-20 Exp. Rank #659

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

FY 2020-21 Exp. Rank #735

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

FY 2021-22 Exp. Rank #780

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

FY 2022-23 Exp. Rank #898

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

FY 2023-24 Exp. Rank #980

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

FY 2024-25 Exp. Rank #791

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

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 2606 Export-Import Analysis

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 Ranked #791 Among All 1233 Subchapters by Export Value

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.

FY 2024-25 Was the Strongest Growth Year for HSN Sub-Chapter 2606 Exports

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.

India Records a Trade Deficit of ₹2,441.91 Crore in HSN Sub-Chapter 2606 Goods

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.

Import Growth of 11.51% CAGR Signals Rising Demand for Aluminium ores & extracts

India's imports under HSN Sub-Chapter 2606 have grown at 11.51% CAGR, reaching ₹2,569.85 Crore in FY 2024-25.

HSN Sub-Chapter 2606 Contributes 0.64% of Chapter 26 Exports — Ranked #7

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 2606 and GST compliance.

What products are classified under HSN 2606

It includes Aluminium ores & extracts

Does MRP, weight or pack size change GST treatment for 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.

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

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.

Can I claim ITC on inputs and services used for Aluminium ores & extracts?

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.

Is the composition scheme suitable if I mainly trade Aluminium 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.

Any import/export nuance for Aluminium ores & extracts?

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.

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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