HS code 2601 11 50: Iron ore concentrate
HS code 2601 11 50 covers iron ore concentrate in chapter 26 (ores, slag and ash). Total import duty is about 21.24% of the import value; DGFT import policy: Free.
Updated 2026-11-01 from official lists, including Budget 2026 and later customs notifications.
Key facts
| Tariff item (8-digit HS code) | 2601 11 50 |
|---|---|
| Description | Iron ore concentrate |
| Chapter | 26: Ores, slag and ash |
| Heading | 2601: Iron ore Fines (below 62% Fe) |
| Unit | kg. |
| Basic customs duty (tariff rate) | 2.5% |
| Basic customs duty charged | 2.5% |
| Social welfare surcharge | 10% of BCD |
| IGST | 18% |
| Total import duty | about 21.24% of the import value |
| DGFT import policy | Free |
| DGFT export policy | STE |
Import duty (with Budget 2026 changes)
- About ₹21,240 duty on every ₹1,00,000 of import value (CIF).
DGFT import and export policy
- Import: Free.
- Export: STE. Export of Iron ore concentrate prepared by benefication and/or concentration of low grade ore containing 40 percent or less of iron produced by Kudremukh Iron Ore Company Limited can be exported by STE- Kudremukh Iron Or
India's imports and exports
- India imported 103,915 tonnes in 2025-26 (up 120% on 2024-25) under tariff item 26011150, “Non-agglomerated iron ore concentrates”.
Questions about HS code 2601 11 50
What is the import duty on HS code 2601 11 50 in India?
About 21.24% of the import value: basic customs duty 2.5%, social welfare surcharge 10% of BCD and IGST 18%. IGST can usually be claimed back as input tax credit.
Is the import of iron ore concentrate free in India?
DGFT import policy for HS code 2601 11 50 is Free.
Can iron ore concentrate be exported from India?
DGFT export policy for HS code 2601 11 50 is STE.
Other lines under heading 2601
Sources: Customs Tariff of India (CBIC) · Notification 45/2025-Customs and Budget 2026 amendments · IGST rates, Notification 9/2025-Integrated Tax (Rate) · DGFT ITC(HS) import and export policy · CBIC Customs (ADD) notifications · Export Import Data Bank (DGCI&S). Guidance from official lists, not legal advice; confirm the classification with your customs broker.
