2614 HSN Code: Titanium ores & extracts

HSN Sub Chapter 2614 represents Titanium ores & extracts under GST classification. This code helps businesses identify Titanium ores & extracts correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2614, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Titanium ores & extracts.

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New GST Rate for HSN Code 2614

GST Rate for Titanium ores & extracts under HSN Code 2614. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

26

HSN Code

2614

HSN Description

Titanium ores and concentrates

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 2614

Following tariff HSN codes fall under Titanium ores & extracts.

Tariff HSN

26140010

Description

Titanium ores and concentrates : Ilmenite, unprocessed

Tariff HSN

26140020

Description

Titanium ores and concentrates : Ilmenite, upgraded (beneficiated ilmenite including ilmenite ground)

Tariff HSN

26140031

Description

Titanium ores and concentrates : Rutile : Rare earth oxides including rutile sand

Tariff HSN

26140039

Description

Titanium ores and concentrates : Rutile : Other

Tariff HSN

26140090

Description

Titanium ores and concentrates : Other

India’s Trade Performance — HSN Sub-Chapter 2614 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

₹508 Cr

−35.82% vs FY 2023-24

0.0137% of India’s total exports

India’s Imports

FY 2024-25

₹587 Cr

−8.47% vs FY 2023-24

0.0096% of India’s total imports

Trade Balance

FY 2024-25

−₹79 Cr

Trade Deficit

Surplus rank #701 of 1233 subchapters

% of Chapter 26

FY 2024-25

2.55%

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

Import side: 0.96% of Chapter 26’s imports

Rank Within Chapter 26

FY 2024-25

#3 of 21

Position by export value among subchapters in Chapter 26

Import-side rank: #10 of 21

At a glance

−4.19%

Export CAGR

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

#530

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+18.42%

Peak Growth Year

FY 2022-23 · strongest single-year move

2.55%

Contribution to Ch. 26

Share of Chapter 26 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 2614

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 #372

Balance

+355.36

Exports

656.68 ₹ Cr

0.0286% share

— YoY

5.09% of Ch. 26

Imports

301.32 ₹ Cr

0.0084% share

— YoY

1.02% of Ch. 26

FY 2019-20 Exp. Rank #409

Balance

+103.05

Exports

499.58 ₹ Cr

0.0226% share

−23.92% YoY

2.23% of Ch. 26

Imports

396.53 ₹ Cr

0.0118% share

+31.60% YoY

2.12% of Ch. 26

FY 2020-21 Exp. Rank #412

Balance

+190.77

Exports

534.83 ₹ Cr

0.0249% share

+7.06% YoY

1.38% of Ch. 26

Imports

344.06 ₹ Cr

0.0118% share

−13.23% YoY

1.91% of Ch. 26

FY 2021-22 Exp. Rank #431

Balance

+86.32

Exports

615.53 ₹ Cr

0.0196% share

+15.09% YoY

2.29% of Ch. 26

Imports

529.21 ₹ Cr

0.0116% share

+53.81% YoY

1.24% of Ch. 26

FY 2022-23 Exp. Rank #427

Balance

+231.99

Exports

728.90 ₹ Cr

0.0201% share

+18.42% YoY

4.15% of Ch. 26

Imports

496.91 ₹ Cr

0.0086% share

−6.10% YoY

1.07% of Ch. 26

FY 2023-24 Exp. Rank #418

Balance

+150.62

Exports

791.53 ₹ Cr

0.0219% share

+8.59% YoY

2.24% of Ch. 26

Imports

640.91 ₹ Cr

0.0114% share

+28.98% YoY

1.29% of Ch. 26

FY 2024-25 Exp. Rank #530

Balance

−78.60

Exports

508.03 ₹ Cr

0.0137% share

−35.82% YoY

2.55% of Ch. 26

Imports

586.63 ₹ Cr

0.0096% share

−8.47% YoY

0.96% of Ch. 26

CAGR · 7-Year

Exports

−4.19% /yr

Imports

11.74% /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 2614 Export-Import Analysis

Export Decline: −4.19% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 2614 have declined at a compound annual rate of −4.19% over 7 fiscal years, falling from ₹656.68 Crore in FY 2018-19 to ₹508.03 Crore in FY 2024-25.

HSN Sub-Chapter 2614 Ranked #530 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 2614 ranks #530 out of 1233 subchapters by total export value. Within Chapter 26, it ranks #3 of 21. By trade surplus, it ranks #701 of 1233.

FY 2022-23 Was the Strongest Growth Year for HSN Sub-Chapter 2614 Exports

The strongest single-year export movement for HSN Sub-Chapter 2614 was recorded in FY 2022-23, when exports surged by 18.42% over the prior year.

India Records a Trade Deficit of ₹78.60 Crore in HSN Sub-Chapter 2614 Goods

In FY 2024-25, India's imports of ₹586.63 Cr exceeded exports of ₹508.03 Cr, resulting in a trade deficit of ₹78.60 Crore — ranking #701 of 1233 by surplus magnitude.

Import Growth of 11.74% CAGR Signals Rising Demand for Titanium ores & extracts

India's imports under HSN Sub-Chapter 2614 have grown at 11.74% CAGR, reaching ₹586.63 Crore in FY 2024-25.

HSN Sub-Chapter 2614 Contributes 2.55% of Chapter 26 Exports — Ranked #3

Among the 21 subchapters under Chapter 26, HSN Sub-Chapter 2614 ranks #3 by export value — accounting for 2.55% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.96% share (rank #10).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 2614 and GST compliance.

What products are classified under HSN 2614

It includes Titanium ores & extracts

If I repair and return Titanium ores & extracts, how should I charge GST?

Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.

How are warranty replacements of Titanium ores & extracts handled?

If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.

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

Use a delivery challan for sending Titanium 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.

What are the e‑way bill and e‑invoice points while moving Titanium ores & extracts?

Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.

Any special steps when selling Titanium 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.

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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