--- title: "2618 HSN Code | HSN Code for Granulated iron slag in India" description: "Know more about 2618 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 2618 covering Granulated iron slag." canonical: "https://busy.in/hsn/sub-chapter-2618/" --- # HSN Sub-chapter 2618: Granulated iron slag Granulated slag (slag sand) from the manufacture of iron or steel Part of [Chapter 26: Ores, Slag and Ash](https://busy.in/hsn/chapter-26/). - Current GST rate: 18% - Earlier GST rate: 18% ## HSN codes | Code | Title | | --- | --- | | 26180000 | [Granulated slag from iron or steel manufacture](https://busy.in/hsn/hsn-26180000/) | ## Frequently asked questions ### What products are classified under HSN 2618 It includes Granulated iron slag ### Do spares or accessories of Granulated iron slag 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 Granulated iron slag 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. ### Can reverse charge ever apply to transactions involving Granulated iron slag? Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Granulated iron slag are forward charge. Check the current notifications for any special cases before deciding. ### What should my invoice and records include for Granulated iron slag? Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail. ### How are warranty replacements of Granulated iron slag 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. ## India's trade performance: HSN Sub-Chapter 2618 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹100 Cr (−57.12% YoY) — 0.0027% of India's total exports - Imports: ₹81 Cr (+1,14,957.14% YoY) — 0.0013% of India's total imports - Trade balance: ₹20 Cr (Surplus); surplus rank #460 of 1233 sub-chapters - Share of Chapter 26: 0.50% of its exports; import side 0.13% - Rank within Chapter 26: #8 of 21 by export value; import-side #13 ### Key metrics - Export CAGR: -21.17% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #826 of 1233 sub-chapters by export value (FY 2024-25) - Peak growth year: +43.29% in FY 2022-23 - Contribution to Ch. 26: 0.50% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Sub-Chapter 2618 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 | 417.71 | 0.0182% | — | 3.24% | < ₹1 Crore | 0.0000% | — | 0.00% | +417.64 | #456 | | FY 2019-20 | 401.09 | 0.0182% | −3.98% | 1.79% | < ₹1 Crore | 0.0000% | +228.57% | 0.00% | +400.86 | #457 | | FY 2020-21 | 361.54 | 0.0168% | −9.86% | 0.93% | < ₹1 Crore | 0.0000% | +160.87% | 0.00% | +360.94 | #485 | | FY 2021-22 | 371.46 | 0.0118% | +2.74% | 1.38% | < ₹1 Crore | 0.0000% | −6.67% | 0.00% | +370.90 | #548 | | FY 2022-23 | 532.28 | 0.0147% | +43.29% | 3.03% | < ₹1 Crore | 0.0000% | −83.93% | 0.00% | +532.19 | #498 | | FY 2023-24 | 233.72 | 0.0065% | −56.09% | 0.66% | < ₹1 Crore | 0.0000% | −22.22% | 0.00% | +233.65 | #662 | | FY 2024-25 | 100.22 | 0.0027% | −57.12% | 0.50% | 80.54 | 0.0013% | +1,14,957.14% | 0.13% | +19.68 | #826 | - CAGR (7-year): exports -21.17%/yr, imports 223.71%/yr (consistently Surplus) ## Key trade insights: HSN Sub-Chapter 2618 export-import analysis ### Export decline: -21.17% CAGR over 7 years India's exports under HSN Sub-Chapter 2618 have declined at a compound annual rate of -21.17% over 7 fiscal years, falling from ₹417.71 Crore in FY 2018-19 to ₹100.22 Crore in FY 2024-25. ### HSN Sub-Chapter 2618 ranked #826 among all 1233 sub-chapters by export value In FY 2024-25, HSN Sub-Chapter 2618 ranks #826 out of 1233 sub-chapters by total export value. Within Chapter 26, it ranks #8 of 21. By trade surplus, it ranks #460 of 1233. ### FY 2022-23 was the strongest growth year for HSN Sub-Chapter 2618 exports The strongest single-year export movement for HSN Sub-Chapter 2618 was recorded in FY 2022-23, when exports surged by 43.29% over the prior year. ### India maintains a trade surplus of ₹19.68 Crore in HSN Sub-Chapter 2618 goods In FY 2024-25, India's exports of ₹100.22 Cr exceeded imports of ₹80.54 Cr, resulting in a trade surplus of ₹19.68 Crore — ranking #460 of 1233 by surplus magnitude. ### Import growth of 223.71% CAGR signals rising demand for Granulated iron slag India's imports under HSN Sub-Chapter 2618 have grown at 223.71% CAGR, reaching ₹80.54 Crore in FY 2024-25. ### HSN Sub-Chapter 2618 contributes 0.50% of Chapter 26 exports — ranked #8 Among the 21 sub-chapters under Chapter 26, HSN Sub-Chapter 2618 ranks #8 by export value — accounting for 0.50% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.13% share (rank #13). ## 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 (this hsn sub-chapter) | ₹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 | ## 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/) | | 2615 | [Niobium ores and extracts](https://busy.in/hsn/sub-chapter-2615/) | | 2616 | [Precious metal ores & extracts](https://busy.in/hsn/sub-chapter-2616/) | | 2617 | [Other ores & extracts](https://busy.in/hsn/sub-chapter-2617/) | | 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/) |