Consistent Export Growth: 12.69% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2621 have grown at a compound annual rate of 12.69% over 7 fiscal years, rising from ₹318.33 Crore in FY 2018-19 to ₹652.02 Crore in FY 2024-25.
HSN Sub Chapter 2621 represents Slag & ash from waste incineration under GST classification. This code helps businesses identify Slag & ash from waste incineration correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2621, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Slag & ash from waste incineration.
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GST Rate for Slag & ash from waste incineration under HSN Code 2621. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Slag & ash from waste incineration.
India’s Exports
FY 2024-25₹652 Cr
0.0176% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹651 Cr
Surplus rank #230 of 1233 subchapters
% of Chapter 26
FY 2024-253.28%
Share of Chapter 26’s total exports in FY 2024-25
Import side: 0.00% of Chapter 26’s imports
Rank Within Chapter 26
FY 2024-25#2 of 21
Position by export value among subchapters in Chapter 26
Import-side rank: #18 of 21
At a glance
12.69%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#474
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+59.40%
Peak Growth Year
FY 2020-21 · strongest single-year move
3.28%
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
+312.28
Exports
318.33 ₹ Cr
0.0139% share
— YoY
2.47% of Ch. 26
Imports
6.05 ₹ Cr
0.0002% share
— YoY
0.02% of Ch. 26
Balance
+339.20
Exports
343.15 ₹ Cr
0.0155% share
+7.80% YoY
1.53% of Ch. 26
Imports
3.95 ₹ Cr
0.0001% share
−34.71% YoY
0.02% of Ch. 26
Balance
+538.07
Exports
546.98 ₹ Cr
0.0254% share
+59.40% YoY
1.41% of Ch. 26
Imports
8.91 ₹ Cr
0.0003% share
+125.57% YoY
0.05% of Ch. 26
Balance
+616.59
Exports
620.92 ₹ Cr
0.0198% share
+13.52% YoY
2.31% of Ch. 26
Imports
4.33 ₹ Cr
0.0001% share
−51.40% YoY
0.01% of Ch. 26
Balance
+636.10
Exports
642.42 ₹ Cr
0.0177% share
+3.46% YoY
3.66% of Ch. 26
Imports
6.32 ₹ Cr
0.0001% share
+45.96% YoY
0.01% of Ch. 26
Balance
+683.61
Exports
686.50 ₹ Cr
0.0190% share
+6.86% YoY
1.94% of Ch. 26
Imports
2.89 ₹ Cr
0.0001% share
−54.27% YoY
0.01% of Ch. 26
Balance
+651.28
Exports
652.02 ₹ Cr
0.0176% share
−5.02% YoY
3.28% of Ch. 26
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−74.39% YoY
0.00% of Ch. 26
CAGR · 7-Year
Exports
12.69% /yr
Imports
−29.54% /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 2621 have grown at a compound annual rate of 12.69% over 7 fiscal years, rising from ₹318.33 Crore in FY 2018-19 to ₹652.02 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2621 ranks #474 out of 1233 subchapters by total export value. Within Chapter 26, it ranks #2 of 21. By trade surplus, it ranks #230 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2621 was recorded in FY 2020-21, when exports surged by 59.40% over the prior year.
In FY 2024-25, India's exports of ₹652.02 Cr exceeded imports of ₹0.74 Cr, resulting in a trade surplus of ₹651.28 Crore — ranking #230 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2621 have grown at −29.54% CAGR, reaching ₹0.74 Crore in FY 2024-25.
Among the 21 subchapters under Chapter 26, HSN Sub-Chapter 2621 ranks #2 by export value — accounting for 3.28% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #18).
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 2621 and GST compliance.
It includes Slag & ash from waste incineration
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.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Slag & ash from waste incineration are forward charge. Check the current notifications for any special cases before deciding.
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.
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.
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.