2615 HSN Code: Niobium ores and extracts

HSN Sub Chapter 2615 represents Niobium ores and extracts under GST classification. This code helps businesses identify Niobium ores and extracts correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2615, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Niobium ores and extracts.

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New GST Rate for HSN Code 2615

GST Rate for Niobium ores and extracts under HSN Code 2615. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

26

HSN Code

2615

HSN Description

Niobium, tantalum, vanadium or zirconium ores and concentrates

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 2615

Following tariff HSN codes fall under Niobium ores and extracts.

Tariff HSN

26151000

Description

Zirconium ores and concentrates

Tariff HSN

26159010

Description

Other : Vanadium ores and concentrates

Tariff HSN

26159020

Description

Other : Niobium or tantalum ores and concentrates

India’s Trade Performance — HSN Sub-Chapter 2615 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

−99.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹1,526 Cr

+8.88% vs FY 2023-24

0.0250% of India’s total imports

Trade Balance

FY 2024-25

−₹1,526 Cr

Trade Deficit

Surplus rank #1003 of 1233 subchapters

% of Chapter 26

FY 2024-25

0.00%

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

Import side: 2.49% of Chapter 26’s imports

Rank Within Chapter 26

FY 2024-25

#15 of 21

Position by export value among subchapters in Chapter 26

Import-side rank: #6 of 21

At a glance

−36.46%

Export CAGR

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

#1188

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+8,300.00%

Peak Growth Year

FY 2022-23 · 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 2615

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 #1144

Balance

−879.31

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Ch. 26

Imports

880.07 ₹ Cr

0.0245% share

— YoY

2.97% of Ch. 26

FY 2019-20 Exp. Rank #1122

Balance

−643.25

Exports

1.18 ₹ Cr

0.0001% share

+55.26% YoY

0.01% of Ch. 26

Imports

644.43 ₹ Cr

0.0192% share

−26.78% YoY

3.45% of Ch. 26

FY 2020-21 Exp. Rank #1194

Balance

−707.16

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−98.31% YoY

0.00% of Ch. 26

Imports

707.18 ₹ Cr

0.0243% share

+9.74% YoY

3.93% of Ch. 26

FY 2021-22 Exp. Rank #1194

Balance

−1,169.74

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.00% of Ch. 26

Imports

1,169.76 ₹ Cr

0.0256% share

+65.41% YoY

2.74% of Ch. 26

FY 2022-23 Exp. Rank #1122

Balance

−1,535.59

Exports

1.68 ₹ Cr

0.0000% share

+8,300.00% YoY

0.01% of Ch. 26

Imports

1,537.27 ₹ Cr

0.0267% share

+31.42% YoY

3.31% of Ch. 26

FY 2023-24 Exp. Rank #1087

Balance

−1,396.44

Exports

5.01 ₹ Cr

0.0001% share

+198.21% YoY

0.01% of Ch. 26

Imports

1,401.45 ₹ Cr

0.0250% share

−8.84% YoY

2.83% of Ch. 26

FY 2024-25 Exp. Rank #1188

Balance

−1,525.88

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−99.00% YoY

0.00% of Ch. 26

Imports

1,525.93 ₹ Cr

0.0250% share

+8.88% YoY

2.49% of Ch. 26

CAGR · 7-Year

Exports

−36.46% /yr

Imports

9.61% /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 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 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 2615 ranks #1188 out of 1233 subchapters 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 subchapters 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 2615 and GST compliance.

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.

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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