Consistent Export Growth: 24.68% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2620 have grown at a compound annual rate of 24.68% over 7 fiscal years, rising from ₹61.86 Crore in FY 2018-19 to ₹232.43 Crore in FY 2024-25.
HSN Sub Chapter 2620 represents Slag & residues with metals under GST classification. This code helps businesses identify Slag & residues with metals correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2620, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Slag & residues with metals.
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GST Rate for Slag & residues with metals under HSN Code 2620. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Slag & residues with metals.
Tariff HSN
Description
Containing mainly zinc : Hard zinc spelter
Tariff HSN
Description
Slag, ash and residues (other than from the manufacture of iron or steel), containing arsenic, metals or their compounds - containing mainly zinc : other
Tariff HSN
Description
Containing mainly zinc : Other: Zinc dross
Tariff HSN
Description
Containing mainly zinc : Other: Other
Tariff HSN
Description
Containing mainly lead : Leaded gasoline sludges and leaded anti-knock compound sludges
Tariff HSN
Description
Slag, ash and residues (other than from the manufacture of iron or steel), containing arsenic, metals or their compounds - containing mainly lead: other
Tariff HSN
Description
Containing mainly lead : Other: Lead dross
Tariff HSN
Description
Containing mainly lead : Other: Other
Tariff HSN
Description
Containing mainly copper : Brass dross
Tariff HSN
Description
Containing mainly copper : Other
Tariff HSN
Description
Containing mainly aluminium : Aluminium dross
Tariff HSN
Description
Containing mainly aluminium : Other
Tariff HSN
Description
Containing arsenic, mercury, thallium or their mixtures, of a kind used for the extraction of arsenic or those metals or for the manufacture of their chemical compounds
Tariff HSN
Description
Other : Containing antimony , beryllium, cadmium,chromium or their mixtures
Tariff HSN
Description
Other : Other
India’s Exports
FY 2024-25₹232 Cr
0.0063% of India’s total exports
India’s Imports
FY 2024-25₹1,268 Cr
0.0208% of India’s total imports
Trade Balance
FY 2024-25−₹1,036 Cr
Surplus rank #955 of 1233 subchapters
% of Chapter 26
FY 2024-251.17%
Share of Chapter 26’s total exports in FY 2024-25
Import side: 2.07% of Chapter 26’s imports
Rank Within Chapter 26
FY 2024-25#5 of 21
Position by export value among subchapters in Chapter 26
Import-side rank: #7 of 21
At a glance
24.68%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#671
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+332.43%
Peak Growth Year
FY 2021-22 · strongest single-year move
1.17%
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
−333.28
Exports
61.86 ₹ Cr
0.0027% share
— YoY
0.48% of Ch. 26
Imports
395.14 ₹ Cr
0.0110% share
— YoY
1.33% of Ch. 26
Balance
−82.73
Exports
173.96 ₹ Cr
0.0079% share
+181.22% YoY
0.78% of Ch. 26
Imports
256.69 ₹ Cr
0.0077% share
−35.04% YoY
1.37% of Ch. 26
Balance
−746.23
Exports
51.44 ₹ Cr
0.0024% share
−70.43% YoY
0.13% of Ch. 26
Imports
797.67 ₹ Cr
0.0274% share
+210.75% YoY
4.44% of Ch. 26
Balance
−865.20
Exports
222.44 ₹ Cr
0.0071% share
+332.43% YoY
0.83% of Ch. 26
Imports
1,087.64 ₹ Cr
0.0238% share
+36.35% YoY
2.55% of Ch. 26
Balance
−774.70
Exports
384.19 ₹ Cr
0.0106% share
+72.72% YoY
2.19% of Ch. 26
Imports
1,158.89 ₹ Cr
0.0202% share
+6.55% YoY
2.49% of Ch. 26
Balance
−871.32
Exports
267.70 ₹ Cr
0.0074% share
−30.32% YoY
0.76% of Ch. 26
Imports
1,139.02 ₹ Cr
0.0203% share
−1.71% YoY
2.30% of Ch. 26
Balance
−1,036.02
Exports
232.43 ₹ Cr
0.0063% share
−13.18% YoY
1.17% of Ch. 26
Imports
1,268.45 ₹ Cr
0.0208% share
+11.36% YoY
2.07% of Ch. 26
CAGR · 7-Year
Exports
24.68% /yr
Imports
21.46% /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 2620 have grown at a compound annual rate of 24.68% over 7 fiscal years, rising from ₹61.86 Crore in FY 2018-19 to ₹232.43 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2620 ranks #671 out of 1233 subchapters by total export value. Within Chapter 26, it ranks #5 of 21. By trade surplus, it ranks #955 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2620 was recorded in FY 2021-22, when exports surged by 332.43% over the prior year.
In FY 2024-25, India's imports of ₹1,268.45 Cr exceeded exports of ₹232.43 Cr, resulting in a trade deficit of ₹1,036.02 Crore — ranking #955 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2620 have grown at 21.46% CAGR, reaching ₹1,268.45 Crore in FY 2024-25.
Among the 21 subchapters under Chapter 26, HSN Sub-Chapter 2620 ranks #5 by export value — accounting for 1.17% of the chapter's total exports in FY 2024-25. On the import side, it holds 2.07% share (rank #7).
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 2620 and GST compliance.
It includes Slag & residues with metals
Use a delivery challan for sending Slag & residues with metals to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.
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.
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Slag & residues with metals 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.
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.