Consistent Export Growth: 41.15% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2619 have grown at a compound annual rate of 41.15% over 7 fiscal years, rising from ₹50.74 Crore in FY 2018-19 to ₹401.34 Crore in FY 2024-25.
HSN Sub Chapter 2619 represents Waste from iron & steel production under GST classification. This code helps businesses identify Waste from iron & steel production correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2619, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Waste from iron & steel production.
Join our guided walkthrough to see how BUSY can transform your business operations.
GST Rate for Waste from iron & steel production under HSN Code 2619. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Waste from iron & steel production.
Tariff HSN
Description
Slag, dross (other than granulated slag), scalings and other waste from the manufacture of iron or steel : Converted slag (scull) of blast furnace
Tariff HSN
Description
Slag, dross (other than granulated slag), scalings and other waste from the manufacture of iron or steel : Other
India’s Exports
FY 2024-25₹401 Cr
0.0108% of India’s total exports
India’s Imports
FY 2024-25₹47 Cr
0.0008% of India’s total imports
Trade Balance
FY 2024-25₹354 Cr
Surplus rank #283 of 1233 subchapters
% of Chapter 26
FY 2024-252.02%
Share of Chapter 26’s total exports in FY 2024-25
Import side: 0.08% of Chapter 26’s imports
Rank Within Chapter 26
FY 2024-25#4 of 21
Position by export value among subchapters in Chapter 26
Import-side rank: #14 of 21
At a glance
41.15%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#571
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+189.52%
Peak Growth Year
FY 2021-22 · strongest single-year move
2.02%
Contribution to Ch. 26
Share of Chapter 26 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−62.44
Exports
50.74 ₹ Cr
0.0022% share
— YoY
0.39% of Ch. 26
Imports
113.18 ₹ Cr
0.0032% share
— YoY
0.38% of Ch. 26
Balance
+17.45
Exports
70.24 ₹ Cr
0.0032% share
+38.43% YoY
0.31% of Ch. 26
Imports
52.79 ₹ Cr
0.0016% share
−53.36% YoY
0.28% of Ch. 26
Balance
+35.81
Exports
95.10 ₹ Cr
0.0044% share
+35.39% YoY
0.25% of Ch. 26
Imports
59.29 ₹ Cr
0.0020% share
+12.31% YoY
0.33% of Ch. 26
Balance
+221.31
Exports
275.33 ₹ Cr
0.0088% share
+189.52% YoY
1.03% of Ch. 26
Imports
54.02 ₹ Cr
0.0012% share
−8.89% YoY
0.13% of Ch. 26
Balance
+347.04
Exports
399.82 ₹ Cr
0.0110% share
+45.21% YoY
2.28% of Ch. 26
Imports
52.78 ₹ Cr
0.0009% share
−2.30% YoY
0.11% of Ch. 26
Balance
+533.86
Exports
633.50 ₹ Cr
0.0175% share
+58.45% YoY
1.79% of Ch. 26
Imports
99.64 ₹ Cr
0.0018% share
+88.78% YoY
0.20% of Ch. 26
Balance
+354.25
Exports
401.34 ₹ Cr
0.0108% share
−36.65% YoY
2.02% of Ch. 26
Imports
47.09 ₹ Cr
0.0008% share
−52.74% YoY
0.08% of Ch. 26
CAGR · 7-Year
Exports
41.15% /yr
Imports
−13.60% /yr
reference, FY 2024-25
Export
₹19,892.22 Cr
Import
₹61,194.74 Cr
Trade Balance
−41,302.52
India's exports under HSN Sub-Chapter 2619 have grown at a compound annual rate of 41.15% over 7 fiscal years, rising from ₹50.74 Crore in FY 2018-19 to ₹401.34 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2619 ranks #571 out of 1233 subchapters by total export value. Within Chapter 26, it ranks #4 of 21. By trade surplus, it ranks #283 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2619 was recorded in FY 2021-22, when exports surged by 189.52% over the prior year.
In FY 2024-25, India's exports of ₹401.34 Cr exceeded imports of ₹47.09 Cr, resulting in a trade surplus of ₹354.25 Crore — ranking #283 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2619 have grown at −13.60% CAGR, reaching ₹47.09 Crore in FY 2024-25.
Among the 21 subchapters under Chapter 26, HSN Sub-Chapter 2619 ranks #4 by export value — accounting for 2.02% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.08% share (rank #14).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 2619 and GST compliance.
It includes Waste from iron & steel production
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.
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.
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.
The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Waste from iron & steel production 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.