Export Decline: −12.53% CAGR Over 8 Years
India's exports under HSN Sub-Chapter 2606 have declined at a compound annual rate of −12.53% over 8 fiscal years, falling from ₹304.53 Crore in FY 2018-19 to ₹119.26 Crore in FY 2025-26.
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.
Manage correct HSN codes and GST rates with BUSY.
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.
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
India’s Exports
FY 2025-26₹119 Cr
0.0031% of India’s total exports
India’s Imports
FY 2025-26₹4,825 Cr
0.0704% of India’s total imports
Trade Balance
FY 2025-26−₹4,705 Cr
Surplus rank #1108 of 1233 subchapters
% of Chapter 26
FY 2025-260.63%
Share of Chapter 26’s total exports in FY 2025-26
Import side: 5.24% of Chapter 26’s imports
Rank Within Chapter 26
FY 2025-26#11 of 21
Position by export value among subchapters in Chapter 26
Import-side rank: #5 of 21
At a glance
−12.53%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#816
National Export Rank
of 1233 subchapters by export value, FY 2025-26
+425.42%
Peak Growth Year
FY 2024-25 · strongest single-year move
0.63%
Contribution to Ch. 26
Share of Chapter 26 exports in FY 2025-26
8-year export and import data, FY 2018-19 to FY 2025-26, 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
Balance
−4,705.30
Exports
119.26 ₹ Cr
0.0031% share
−6.78% YoY
0.63% of Ch. 26
Imports
4,824.56 ₹ Cr
0.0704% share
+87.74% YoY
5.24% of Ch. 26
CAGR · 8-Year
Exports
−12.53% /yr
Imports
20.13% /yr
reference, FY 2025-26
Export
₹18,972.57 Cr
Import
₹92,153.14 Cr
Trade Balance
−73,180.57
India's exports under HSN Sub-Chapter 2606 have declined at a compound annual rate of −12.53% over 8 fiscal years, falling from ₹304.53 Crore in FY 2018-19 to ₹119.26 Crore in FY 2025-26.
In FY 2025-26, HSN Sub-Chapter 2606 ranks #816 out of 1233 subchapters by total export value. Within Chapter 26, it ranks #11 of 21. By trade surplus, it ranks #1108 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 2025-26, India's imports of ₹4,824.56 Cr exceeded exports of ₹119.26 Cr, resulting in a trade deficit of ₹4,705.30 Crore — ranking #1108 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2606 have grown at 20.13% CAGR, reaching ₹4,824.56 Crore in FY 2025-26.
Among the 21 subchapters under Chapter 26, HSN Sub-Chapter 2606 ranks #11 by export value — accounting for 0.63% of the chapter's total exports in FY 2025-26. On the import side, it holds 5.24% share (rank #5).
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.