--- title: "2615 HSN Code | HSN Code for Niobium ores and extracts in India" description: "Know more about 2615 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 2615 covering Niobium ores and extracts." canonical: "https://busy.in/hsn/sub-chapter-2615/" --- # HSN Sub-chapter 2615: Niobium ores and extracts Niobium, tantalum, vanadium or zirconium ores and concentrates Part of [Chapter 26: Ores, Slag and Ash](https://busy.in/hsn/chapter-26/). - Current GST rate: 5% - Earlier GST rate: 5% ## HSN codes | Code | Title | | --- | --- | | 26151000 | [Zirconium Ores And Concentrates](https://busy.in/hsn/hsn-26151000/) | | 26159010 | [Other \| Vanadium Ores And Concentrates](https://busy.in/hsn/hsn-26159010/) | | 26159020 | [Other : Niobium or tantalum ores and concentrates](https://busy.in/hsn/hsn-26159020/) | ## Frequently asked questions ### What products are classified under HSN 2615 It includes Niobium ores and extracts ### Can reverse charge ever apply to transactions involving Niobium ores and extracts? Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Niobium ores and extracts are forward charge. Check the current notifications for any special cases before deciding. ### How do I bill a kit or combo that includes Niobium ores and extracts? Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly. ### What misclassification mistakes happen with Niobium ores and extracts? Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper. ### Does MRP, weight or pack size change GST treatment for Niobium ores and 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. ### If I repair and return Niobium ores and 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. ### Does packaging or branding change how GST applies to Niobium ores and extracts? Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Niobium ores and extracts is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment. ## India's trade performance: HSN Sub-Chapter 2615 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−99.00% YoY) — 0.0000% of India's total exports - Imports: ₹1,526 Cr (+8.88% YoY) — 0.0250% of India's total imports - Trade balance: −₹1,526 Cr (Deficit); surplus rank #1003 of 1233 sub-chapters - Share of Chapter 26: 0.00% of its exports; import side 2.49% - Rank within Chapter 26: #15 of 21 by export value; import-side #6 ### Key metrics - Export CAGR: -36.46% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1188 of 1233 sub-chapters by export value (FY 2024-25) - Peak growth year: +8,300.00% in FY 2022-23 - Contribution to Ch. 26: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Sub-Chapter 2615 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% | — | 0.01% | 880.07 | 0.0245% | — | 2.97% | −879.31 | #1144 | | FY 2019-20 | 1.18 | 0.0001% | +55.26% | 0.01% | 644.43 | 0.0192% | −26.78% | 3.45% | −643.25 | #1122 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −98.31% | 0.00% | 707.18 | 0.0243% | +9.74% | 3.93% | −707.16 | #1194 | | FY 2021-22 | < ₹1 Crore | 0.0000% | 0.00% | 0.00% | 1,169.76 | 0.0256% | +65.41% | 2.74% | −1,169.74 | #1194 | | FY 2022-23 | 1.68 | 0.0000% | +8,300.00% | 0.01% | 1,537.27 | 0.0267% | +31.42% | 3.31% | −1,535.59 | #1122 | | FY 2023-24 | 5.01 | 0.0001% | +198.21% | 0.01% | 1,401.45 | 0.0250% | −8.84% | 2.83% | −1,396.44 | #1087 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −99.00% | 0.00% | 1,525.93 | 0.0250% | +8.88% | 2.49% | −1,525.88 | #1188 | - CAGR (7-year): exports -36.46%/yr, imports 9.61%/yr (consistently Deficit) ## Key trade insights: HSN Sub-Chapter 2615 export-import analysis ### Export decline: -36.46% CAGR over 7 years India's exports under HSN Sub-Chapter 2615 have declined at a compound annual rate of -36.46% over 7 fiscal years, falling from ₹0.76 Crore in FY 2018-19 to ₹0.05 Crore in FY 2024-25. ### HSN Sub-Chapter 2615 ranked #1188 among all 1233 sub-chapters by export value In FY 2024-25, HSN Sub-Chapter 2615 ranks #1188 out of 1233 sub-chapters by total export value. Within Chapter 26, it ranks #15 of 21. By trade surplus, it ranks #1003 of 1233. ### FY 2022-23 was the strongest growth year for HSN Sub-Chapter 2615 exports The strongest single-year export movement for HSN Sub-Chapter 2615 was recorded in FY 2022-23, when exports surged by 8,300.00% over the prior year. ### India records a trade deficit of ₹1,525.88 Crore in HSN Sub-Chapter 2615 goods In FY 2024-25, India's imports of ₹1,525.93 Cr exceeded exports of ₹0.05 Cr, resulting in a trade deficit of ₹1,525.88 Crore — ranking #1003 of 1233 by surplus magnitude. ### Import growth of 9.61% CAGR signals stable import dependency for Niobium ores and extracts India's imports under HSN Sub-Chapter 2615 have grown at 9.61% CAGR, reaching ₹1,525.93 Crore in FY 2024-25. ### HSN Sub-Chapter 2615 contributes 0.00% of Chapter 26 exports — ranked #15 Among the 21 sub-chapters under Chapter 26, HSN Sub-Chapter 2615 ranks #15 by export value — accounting for 0.00% of the chapter's total exports in FY 2024-25. On the import side, it holds 2.49% share (rank #6). ## 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 | | #15 | HSN Sub-Chapter 2615: Niobium ores and 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/) | | 2607 | [Lead ores & extracts](https://busy.in/hsn/sub-chapter-2607/) | | 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/) | | 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/) |