2617 HSN Code: Other ores & extracts

HSN Sub Chapter 2617 represents Other ores & extracts under GST classification. This code helps businesses identify Other ores & extracts correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2617, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Other ores & extracts.

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New GST Rate for HSN Code 2617

GST Rate for Other ores & extracts under HSN Code 2617. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

26

HSN Code

2617

HSN Description

Other ores and concentrates

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 2617

Following tariff HSN codes fall under Other ores & extracts.

Tariff HSN

26171000

Description

Antimony ores and concentrates

Tariff HSN

26179000

Description

Other

India’s Trade Performance — HSN Sub-Chapter 2617 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

₹4 Cr

+384.81% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹388 Cr

+136.25% vs FY 2023-24

0.0064% of India’s total imports

Trade Balance

FY 2024-25

−₹385 Cr

Trade Deficit

Surplus rank #842 of 1233 subchapters

% of Chapter 26

FY 2024-25

0.02%

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

Import side: 0.63% of Chapter 26’s imports

Rank Within Chapter 26

FY 2024-25

#11 of 21

Position by export value among subchapters in Chapter 26

Import-side rank: #12 of 21

At a glance

−21.56%

Export CAGR

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

#1100

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+384.81%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.02%

Contribution to Ch. 26

Share of Chapter 26 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 2617

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 #967

Balance

−145.30

Exports

16.44 ₹ Cr

0.0007% share

— YoY

0.13% of Ch. 26

Imports

161.74 ₹ Cr

0.0045% share

— YoY

0.55% of Ch. 26

FY 2019-20 Exp. Rank #1093

Balance

−124.55

Exports

2.21 ₹ Cr

0.0001% share

−86.56% YoY

0.01% of Ch. 26

Imports

126.76 ₹ Cr

0.0038% share

−21.63% YoY

0.68% of Ch. 26

FY 2020-21 Exp. Rank #1069

Balance

−103.80

Exports

3.68 ₹ Cr

0.0002% share

+66.52% YoY

0.01% of Ch. 26

Imports

107.48 ₹ Cr

0.0037% share

−15.21% YoY

0.60% of Ch. 26

FY 2021-22 Exp. Rank #1085

Balance

−146.51

Exports

3.56 ₹ Cr

0.0001% share

−3.26% YoY

0.01% of Ch. 26

Imports

150.07 ₹ Cr

0.0033% share

+39.63% YoY

0.35% of Ch. 26

FY 2022-23 Exp. Rank #1156

Balance

−271.34

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−85.67% YoY

0.00% of Ch. 26

Imports

271.85 ₹ Cr

0.0047% share

+81.15% YoY

0.58% of Ch. 26

FY 2023-24 Exp. Rank #1154

Balance

−163.59

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+54.90% YoY

0.00% of Ch. 26

Imports

164.38 ₹ Cr

0.0029% share

−39.53% YoY

0.33% of Ch. 26

FY 2024-25 Exp. Rank #1100

Balance

−384.52

Exports

3.83 ₹ Cr

0.0001% share

+384.81% YoY

0.02% of Ch. 26

Imports

388.35 ₹ Cr

0.0064% share

+136.25% YoY

0.63% of Ch. 26

CAGR · 7-Year

Exports

−21.56% /yr

Imports

15.72% /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 2617 Export-Import Analysis

Export Decline: −21.56% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 2617 have declined at a compound annual rate of −21.56% over 7 fiscal years, falling from ₹16.44 Crore in FY 2018-19 to ₹3.83 Crore in FY 2024-25.

HSN Sub-Chapter 2617 Ranked #1100 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 2617 ranks #1100 out of 1233 subchapters by total export value. Within Chapter 26, it ranks #11 of 21. By trade surplus, it ranks #842 of 1233.

FY 2024-25 Was the Strongest Growth Year for HSN Sub-Chapter 2617 Exports

The strongest single-year export movement for HSN Sub-Chapter 2617 was recorded in FY 2024-25, when exports surged by 384.81% over the prior year.

India Records a Trade Deficit of ₹384.52 Crore in HSN Sub-Chapter 2617 Goods

In FY 2024-25, India's imports of ₹388.35 Cr exceeded exports of ₹3.83 Cr, resulting in a trade deficit of ₹384.52 Crore — ranking #842 of 1233 by surplus magnitude.

Import Growth of 15.72% CAGR Signals Rising Demand for Other ores & extracts

India's imports under HSN Sub-Chapter 2617 have grown at 15.72% CAGR, reaching ₹388.35 Crore in FY 2024-25.

HSN Sub-Chapter 2617 Contributes 0.02% of Chapter 26 Exports — Ranked #11

Among the 21 subchapters under Chapter 26, HSN Sub-Chapter 2617 ranks #11 by export value — accounting for 0.02% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.63% share (rank #12).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 2617 and GST compliance.

What products are classified under HSN 2617

It includes Other ores & extracts

How do I bill a kit or combo that includes Other ores & 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.

If I repair and return Other 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.

Can I claim ITC on inputs and services used for Other ores & extracts?

If your outward supply of Other ores & extracts is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.

Can reverse charge ever apply to transactions involving Other ores & extracts?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Other ores & extracts are forward charge. Check the current notifications for any special cases before deciding.

What are the e‑way bill and e‑invoice points while moving Other 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.

Does MRP, weight or pack size change GST treatment for Other ores & 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.

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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