2607 HSN Code: Lead ores & extracts

HSN Sub Chapter 2607 represents Lead ores & extracts under GST classification. This code helps businesses identify Lead ores & extracts correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2607, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Lead ores & extracts.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

New GST Rate for HSN Code 2607

GST Rate for Lead ores & extracts under HSN Code 2607. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

26

HSN Code

2607

HSN Description

Lead ores and concentrates

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 2607

Following tariff HSN codes fall under Lead ores & extracts.

Tariff HSN

26070000

Description

Lead ores and concentrates

India’s Trade Performance — HSN Sub-Chapter 2607 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

< ₹1 Crore

−44.83% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹46 Cr

+25.41% vs FY 2023-24

0.0007% of India’s total imports

Trade Balance

FY 2024-25

−₹45 Cr

Trade Deficit

Surplus rank #663 of 1233 subchapters

% of Chapter 26

FY 2024-25

0.00%

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

Import side: 0.07% of Chapter 26’s imports

Rank Within Chapter 26

FY 2024-25

#13 of 21

Position by export value among subchapters in Chapter 26

Import-side rank: #15 of 21

At a glance

−3.65%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#1175

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+450.00%

Peak Growth Year

FY 2020-21 · 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 2607

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 #1174

Balance

−8.35

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Ch. 26

Imports

8.55 ₹ Cr

0.0002% share

— YoY

0.03% of Ch. 26

FY 2019-20 Exp. Rank #1187

Balance

−16.65

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−90.00% YoY

0.00% of Ch. 26

Imports

16.67 ₹ Cr

0.0005% share

+94.97% YoY

0.09% of Ch. 26

FY 2020-21 Exp. Rank #1172

Balance

−32.40

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+450.00% YoY

0.00% of Ch. 26

Imports

32.51 ₹ Cr

0.0011% share

+95.02% YoY

0.18% of Ch. 26

FY 2021-22 Exp. Rank #1171

Balance

−25.36

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+45.45% YoY

0.00% of Ch. 26

Imports

25.52 ₹ Cr

0.0006% share

−21.50% YoY

0.06% of Ch. 26

FY 2022-23 Exp. Rank #1147

Balance

−28.69

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+368.75% YoY

0.00% of Ch. 26

Imports

29.44 ₹ Cr

0.0005% share

+15.36% YoY

0.06% of Ch. 26

FY 2023-24 Exp. Rank #1174

Balance

−36.04

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−61.33% YoY

0.00% of Ch. 26

Imports

36.33 ₹ Cr

0.0006% share

+23.40% YoY

0.07% of Ch. 26

FY 2024-25 Exp. Rank #1175

Balance

−45.40

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−44.83% YoY

0.00% of Ch. 26

Imports

45.56 ₹ Cr

0.0007% share

+25.41% YoY

0.07% of Ch. 26

CAGR · 7-Year

Exports

−3.65% /yr

Imports

32.16% /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 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 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 2607 ranks #1175 out of 1233 subchapters 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 subchapters 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).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 2607 and GST compliance.

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.

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.

Explore More HSN Codes from Chapter 26