HSN Code 75030010: Nickel waste and scrap

HSN Code 75030010 represents Nickel waste and scrap under GST classification. This code helps businesses identify Nickel waste and scrap correctly for billing, taxation, and trade. With HSN Code 75030010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Nickel waste and scrap.

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Description of Goods for HSN Code 75030010

HSN Code 75030010 relates to the following description.

Description of Goods

Nickel waste and scrap : Nickel scrap, namely the following : New nickel scrap covered by ISRI code word ‘Aroma’; old nickel scrap covered by ISRI code word ‘Burly’; new cupro nickel clips and solids covered by ISRI code word ‘Dandy’; cupro nickel solids covered by ISRI code word’Daunt’; soldered cupro-nickel solids covered by ISRI code word ‘Delta’; cupro nickel spinnings, turnings, borings covered by ISRI code word ‘Decoy’; miscellaneous nickel copper and nickel copper iron covered by ISRI code word ‘Depth’; new R-monel clippings solids covered by ISRI code word ‘Hitch’; new mixed monel solids and clippings covered by ISRI code word ‘House’; old monel sheet and solids covered by ISRI code word ‘Ideal’; k-monel solids covered by ISRI code word ‘Indian’; soldered monel sheet and solids covered by ISRI code word ‘Junto’; monel castings covered by ISRI code ‘ Lemon’; monel turnings covered by ISRI code word ‘Lemur’; nickel scrap obtained by breaking up of ships, boats and other floating structures; Nickel-Iron batteries to be sold free of crates, copper terminal connectors and excess liquid, must be free of nickel cadmium batteries covered by ISRI code word 'Vaunt'.

Chapter

75 - Nickel and articles thereof

Sub Chapter

7503 - Nickel waste and scrap

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 75030010 not include?

Nickel waste and scrap does not include products with the following descriptions.

India’s Trade Performance — HSN Code 75030010 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹189 Cr

+66.49% vs FY 2023-24

0.0051% of India’s total exports

India’s Imports

FY 2024-25

₹370 Cr

+1.05% vs FY 2023-24

0.0061% of India’s total imports

Trade Balance

FY 2024-25

−₹181 Cr

Trade Deficit

Surplus rank #11247 of 12657 HSN codes

% of Sub-Chapter 7503

FY 2024-25

62.53%

Share of Sub-Chapter 7503’s total exports in FY 2024-25

Import side: 100.00% of Sub-Chapter 7503’s imports

Rank Within Sub-Chapter 7503

FY 2024-25

#1 of 2

Position by export value among HSN codes in Sub-Chapter 7503

Import-side rank: #1 of 2

At a glance

32.21%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#1897

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+181.38%

Peak Growth Year

FY 2021-22 · strongest single-year move

62.53%

Contribution to Sub-Ch. 7503

Share of Sub-Chapter 7503 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 75030010

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #3356

Balance

−63.30

Exports

35.42 ₹ Cr

0.0016% share

— YoY

49.66% of Sub-Ch. 7503

Imports

98.72 ₹ Cr

0.0028% share

— YoY

98.12% of Sub-Ch. 7503

FY 2019-20 Exp. Rank #3262

Balance

−124.84

Exports

38.65 ₹ Cr

0.0018% share

+9.12% YoY

55.08% of Sub-Ch. 7503

Imports

163.49 ₹ Cr

0.0049% share

+65.61% YoY

99.86% of Sub-Ch. 7503

FY 2020-21 Exp. Rank #4125

Balance

−186.38

Exports

20.94 ₹ Cr

0.0010% share

−45.82% YoY

54.56% of Sub-Ch. 7503

Imports

207.32 ₹ Cr

0.0071% share

+26.81% YoY

98.59% of Sub-Ch. 7503

FY 2021-22 Exp. Rank #3142

Balance

−142.18

Exports

58.92 ₹ Cr

0.0019% share

+181.38% YoY

45.21% of Sub-Ch. 7503

Imports

201.10 ₹ Cr

0.0044% share

−3.00% YoY

100.00% of Sub-Ch. 7503

FY 2022-23 Exp. Rank #2722

Balance

−180.54

Exports

87.79 ₹ Cr

0.0024% share

+49.00% YoY

38.92% of Sub-Ch. 7503

Imports

268.33 ₹ Cr

0.0047% share

+33.43% YoY

99.70% of Sub-Ch. 7503

FY 2023-24 Exp. Rank #2411

Balance

−252.43

Exports

113.62 ₹ Cr

0.0031% share

+29.42% YoY

49.63% of Sub-Ch. 7503

Imports

366.05 ₹ Cr

0.0065% share

+36.42% YoY

99.82% of Sub-Ch. 7503

FY 2024-25 Exp. Rank #1897

Balance

−180.74

Exports

189.17 ₹ Cr

0.0051% share

+66.49% YoY

62.53% of Sub-Ch. 7503

Imports

369.91 ₹ Cr

0.0061% share

+1.05% YoY

100.00% of Sub-Ch. 7503

CAGR · 7-Year

Exports

32.21% /yr

Imports

24.63% /yr

Consistently Deficit
Sub-Chapter 7503 total

reference, FY 2024-25

Export

₹302.53 Cr

Import

₹369.91 Cr

Trade Balance

−67.38

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 75030010 Export-Import Analysis

Consistent Export Growth: 32.21% CAGR Over 7 Years

India's exports under HSN Code 75030010 have grown at a compound annual rate of 32.21% over 7 fiscal years, rising from ₹35.42 Crore in FY 2018-19 to ₹189.17 Crore in FY 2024-25.

HSN Code 75030010 Ranked #1897 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 75030010 ranks #1897 out of 12657 HSN codes by total export value. Within Sub-Chapter 7503, it ranks #1 of 2. By trade surplus, it ranks #11247 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 75030010 Exports

The strongest single-year export movement for HSN Code 75030010 was recorded in FY 2021-22, when exports surged by 181.38% over the prior year.

India Records a Trade Deficit of ₹180.74 Crore in HSN Code 75030010 Goods

In FY 2024-25, India's imports of ₹369.91 Cr exceeded exports of ₹189.17 Cr, resulting in a trade deficit of ₹180.74 Crore — ranking #11247 of 12657 by surplus magnitude.

Import Growth of 24.63% CAGR Signals Rising Demand for Nickel waste and scrap

India's imports under HSN Code 75030010 have grown at 24.63% CAGR, reaching ₹369.91 Crore in FY 2024-25.

HSN Code 75030010 Contributes 62.53% of Sub-Chapter 7503 Exports — Ranked #1

Among the 2 HSN codes under Sub-Chapter 7503, HSN Code 75030010 ranks #1 by export value — accounting for 62.53% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 100.00% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 75030010 and GST compliance.

What products are classified under HSN 75030010 ?

It includes Hollow bars of non-alloyed nickel

How much GST applies to Nickel waste and scrap?

Under HSN 75030010, Nickel waste and scrap attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Nickel waste and scrap?

For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.

How should mixed supplies be billed when Nickel waste and scrap is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Nickel waste and scrap; Nil for exempt items if applicable).

Any common misclassification issue with Nickel waste and scrap?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Can we claim ITC on inputs used to trade Nickel waste and scrap?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.