--- title: "2607 HSN Code | HSN Code for Lead ores & extracts in India" description: "Know more about 2607 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 2607 covering Lead ores & extracts." canonical: "https://busy.in/hsn/sub-chapter-2607/" --- # HSN Sub-chapter 2607: Lead ores & extracts Lead ores and concentrates Part of [Chapter 26: Ores, Slag and Ash](https://busy.in/hsn/chapter-26/). - Current GST rate: 18% - Earlier GST rate: 18% ## HSN codes | Code | Title | | --- | --- | | 26070000 | [Lead Ores And Concentrates](https://busy.in/hsn/hsn-26070000/) | ## Frequently asked questions ### What products are classified under HSN 2607 It includes Lead ores & extracts ### How should I document Lead ores & extracts sent for job work? Use a delivery challan for sending Lead 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. ### Any import/export nuance for Lead 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. ### Do spares or accessories of Lead 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. ### Any special steps when selling Lead ores & extracts through an e‑commerce platform? Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns. ### Is the composition scheme suitable if I mainly trade Lead 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. ## India's trade performance: HSN Sub-Chapter 2607 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−44.83% YoY) — 0.0000% of India's total exports - Imports: ₹46 Cr (+25.41% YoY) — 0.0007% of India's total imports - Trade balance: −₹45 Cr (Deficit); surplus rank #663 of 1233 sub-chapters - Share of Chapter 26: 0.00% of its exports; import side 0.07% - Rank within Chapter 26: #13 of 21 by export value; import-side #15 ### Key metrics - Export CAGR: -3.65% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1175 of 1233 sub-chapters by export value (FY 2024-25) - Peak growth year: +450.00% in FY 2020-21 - Contribution to Ch. 26: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Sub-Chapter 2607 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Ch. 26 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Ch. 26 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.00% | 8.55 | 0.0002% | — | 0.03% | −8.35 | #1174 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −90.00% | 0.00% | 16.67 | 0.0005% | +94.97% | 0.09% | −16.65 | #1187 | | FY 2020-21 | < ₹1 Crore | 0.0000% | +450.00% | 0.00% | 32.51 | 0.0011% | +95.02% | 0.18% | −32.40 | #1172 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +45.45% | 0.00% | 25.52 | 0.0006% | −21.50% | 0.06% | −25.36 | #1171 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +368.75% | 0.00% | 29.44 | 0.0005% | +15.36% | 0.06% | −28.69 | #1147 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −61.33% | 0.00% | 36.33 | 0.0006% | +23.40% | 0.07% | −36.04 | #1174 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −44.83% | 0.00% | 45.56 | 0.0007% | +25.41% | 0.07% | −45.40 | #1175 | - CAGR (7-year): exports -3.65%/yr, imports 32.16%/yr (consistently Deficit) ## Key trade insights: HSN Sub-Chapter 2607 export-import analysis ### Export decline: -3.65% CAGR over 7 years India's exports under HSN Sub-Chapter 2607 have declined at a compound annual rate of -3.65% over 7 fiscal years, falling from ₹0.20 Crore in FY 2018-19 to ₹0.16 Crore in FY 2024-25. ### HSN Sub-Chapter 2607 ranked #1175 among all 1233 sub-chapters by export value In FY 2024-25, HSN Sub-Chapter 2607 ranks #1175 out of 1233 sub-chapters by total export value. Within Chapter 26, it ranks #13 of 21. By trade surplus, it ranks #663 of 1233. ### FY 2020-21 was the strongest growth year for HSN Sub-Chapter 2607 exports The strongest single-year export movement for HSN Sub-Chapter 2607 was recorded in FY 2020-21, when exports surged by 450.00% over the prior year. ### India records a trade deficit of ₹45.40 Crore in HSN Sub-Chapter 2607 goods In FY 2024-25, India's imports of ₹45.56 Cr exceeded exports of ₹0.16 Cr, resulting in a trade deficit of ₹45.40 Crore — ranking #663 of 1233 by surplus magnitude. ### Import growth of 32.16% CAGR signals rising demand for Lead ores & extracts India's imports under HSN Sub-Chapter 2607 have grown at 32.16% CAGR, reaching ₹45.56 Crore in FY 2024-25. ### HSN Sub-Chapter 2607 contributes 0.00% of Chapter 26 exports — ranked #13 Among the 21 sub-chapters under Chapter 26, HSN Sub-Chapter 2607 ranks #13 by export value — accounting for 0.00% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.07% share (rank #15). ## Related Sub-Chapters in Chapter 26 Ranked by export value (FY 2024-25). | Rank | HSN Sub-Chapter | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Sub-Chapter 2601: Iron ores and extracts](https://busy.in/hsn/sub-chapter-2601/) | ₹17,621 Cr | | #2 | [HSN Sub-Chapter 2621: Slag & ash from waste incineration](https://busy.in/hsn/sub-chapter-2621/) | ₹652 Cr | | #3 | [HSN Sub-Chapter 2614: Titanium ores & extracts](https://busy.in/hsn/sub-chapter-2614/) | ₹508 Cr | | #4 | [HSN Sub-Chapter 2619: Waste from iron & steel production](https://busy.in/hsn/sub-chapter-2619/) | ₹401 Cr | | #5 | [HSN Sub-Chapter 2620: Slag & residues with metals](https://busy.in/hsn/sub-chapter-2620/) | ₹232 Cr | | #6 | [HSN Sub-Chapter 2603: Copper ores & extracts](https://busy.in/hsn/sub-chapter-2603/) | ₹197 Cr | | #7 | [HSN Sub-Chapter 2606: Aluminium ores & extracts](https://busy.in/hsn/sub-chapter-2606/) | ₹128 Cr | | #8 | [HSN Sub-Chapter 2618: Granulated iron slag](https://busy.in/hsn/sub-chapter-2618/) | ₹100 Cr | | #9 | [HSN Sub-Chapter 2613: Molybdenum ores & extracts](https://busy.in/hsn/sub-chapter-2613/) | ₹24 Cr | | #10 | [HSN Sub-Chapter 2602: Manganese Ores & Extracts](https://busy.in/hsn/sub-chapter-2602/) | ₹21 Cr | | #13 | HSN Sub-Chapter 2607: Lead ores & extracts (this hsn sub-chapter) | < ₹1 Crore | ## Other sub-chapters | Code | Title | | --- | --- | | 2601 | [Iron ores and extracts](https://busy.in/hsn/sub-chapter-2601/) | | 2602 | [Manganese Ores & Extracts](https://busy.in/hsn/sub-chapter-2602/) | | 2603 | [Copper ores & extracts](https://busy.in/hsn/sub-chapter-2603/) | | 2604 | [Nickel ores & extracts](https://busy.in/hsn/sub-chapter-2604/) | | 2605 | [Cobalt ores & extracts](https://busy.in/hsn/sub-chapter-2605/) | | 2606 | [Aluminium ores & extracts](https://busy.in/hsn/sub-chapter-2606/) | | 2608 | [Zinc ores & extracts](https://busy.in/hsn/sub-chapter-2608/) | | 2609 | [Tin ores & extracts](https://busy.in/hsn/sub-chapter-2609/) | | 2610 | [Chromium ores & extracts](https://busy.in/hsn/sub-chapter-2610/) | | 2611 | [Tungsten ores & extracts](https://busy.in/hsn/sub-chapter-2611/) | | 2612 | [Uranium or thorium ores](https://busy.in/hsn/sub-chapter-2612/) | | 2613 | [Molybdenum ores & extracts](https://busy.in/hsn/sub-chapter-2613/) | | 2614 | [Titanium ores & extracts](https://busy.in/hsn/sub-chapter-2614/) | | 2615 | [Niobium ores and extracts](https://busy.in/hsn/sub-chapter-2615/) | | 2616 | [Precious metal ores & extracts](https://busy.in/hsn/sub-chapter-2616/) | | 2617 | [Other ores & extracts](https://busy.in/hsn/sub-chapter-2617/) | | 2618 | [Granulated iron slag](https://busy.in/hsn/sub-chapter-2618/) | | 2619 | [Waste from iron & steel production](https://busy.in/hsn/sub-chapter-2619/) | | 2620 | [Slag & residues with metals](https://busy.in/hsn/sub-chapter-2620/) | | 2621 | [Slag & ash from waste incineration](https://busy.in/hsn/sub-chapter-2621/) |