HSN Code 75040000: Nickel Powders And Flakes
HSN Code 75040000 represents Nickel Powders And Flakes under GST classification. This code helps businesses identify Nickel Powders And Flakes correctly for billing, taxation, and trade. With HSN Code 75040000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Nickel Powders And Flakes.
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Description of Goods for HSN Code 75040000
HSN Code 75040000 relates to the following description.
India’s Trade Performance — HSN Code 75040000 in FY 2024-25
India’s Exports
FY 2024-25₹117 Cr
0.0032% of India’s total exports
India’s Imports
FY 2024-25₹197 Cr
0.0032% of India’s total imports
Trade Balance
FY 2024-25−₹79 Cr
Surplus rank #10615 of 12657 HSN codes
% of Sub-Chapter 7504
FY 2024-25100.00%
Share of Sub-Chapter 7504’s total exports in FY 2024-25
Import side: 100.00% of Sub-Chapter 7504’s imports
Rank Within Sub-Chapter 7504
FY 2024-25#1 of 1
Position by export value among HSN codes in Sub-Chapter 7504
Import-side rank: #1 of 1
At a glance
61.95%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#2459
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+792.93%
Peak Growth Year
FY 2022-23 · strongest single-year move
100.00%
Contribution to Sub-Ch. 7504
Share of Sub-Chapter 7504 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 75040000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−47.72
Exports
6.51 ₹ Cr
0.0003% share
— YoY
100.00% of Sub-Ch. 7504
Imports
54.23 ₹ Cr
0.0015% share
— YoY
100.00% of Sub-Ch. 7504
Balance
−51.69
Exports
4.53 ₹ Cr
0.0002% share
−30.41% YoY
100.00% of Sub-Ch. 7504
Imports
56.22 ₹ Cr
0.0017% share
+3.67% YoY
100.00% of Sub-Ch. 7504
Balance
−54.03
Exports
3.64 ₹ Cr
0.0002% share
−19.65% YoY
100.00% of Sub-Ch. 7504
Imports
57.67 ₹ Cr
0.0020% share
+2.58% YoY
100.00% of Sub-Ch. 7504
Balance
−96.06
Exports
4.67 ₹ Cr
0.0001% share
+28.30% YoY
100.00% of Sub-Ch. 7504
Imports
100.73 ₹ Cr
0.0022% share
+74.67% YoY
100.00% of Sub-Ch. 7504
Balance
−161.22
Exports
41.70 ₹ Cr
0.0012% share
+792.93% YoY
100.00% of Sub-Ch. 7504
Imports
202.92 ₹ Cr
0.0035% share
+101.45% YoY
100.00% of Sub-Ch. 7504
Balance
−60.39
Exports
128.13 ₹ Cr
0.0035% share
+207.27% YoY
100.00% of Sub-Ch. 7504
Imports
188.52 ₹ Cr
0.0034% share
−7.10% YoY
100.00% of Sub-Ch. 7504
Balance
−79.43
Exports
117.45 ₹ Cr
0.0032% share
−8.34% YoY
100.00% of Sub-Ch. 7504
Imports
196.88 ₹ Cr
0.0032% share
+4.43% YoY
100.00% of Sub-Ch. 7504
CAGR · 7-Year
Exports
61.95% /yr
Imports
23.97% /yr
reference, FY 2024-25
Export
₹117.45 Cr
Import
₹196.88 Cr
Trade Balance
−79.43
Key Trade Insights: HSN Code 75040000 Export-Import Analysis
Consistent Export Growth: 61.95% CAGR Over 7 Years
India's exports under HSN Code 75040000 have grown at a compound annual rate of 61.95% over 7 fiscal years, rising from ₹6.51 Crore in FY 2018-19 to ₹117.45 Crore in FY 2024-25.
HSN Code 75040000 Ranked #2459 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 75040000 ranks #2459 out of 12657 HSN codes by total export value. Within Sub-Chapter 7504, it ranks #1 of 1. By trade surplus, it ranks #10615 of 12657.
FY 2022-23 Was the Strongest Growth Year for HSN Code 75040000 Exports
The strongest single-year export movement for HSN Code 75040000 was recorded in FY 2022-23, when exports surged by 792.93% over the prior year.
India Records a Trade Deficit of ₹79.43 Crore in HSN Code 75040000 Goods
In FY 2024-25, India's imports of ₹196.88 Cr exceeded exports of ₹117.45 Cr, resulting in a trade deficit of ₹79.43 Crore — ranking #10615 of 12657 by surplus magnitude.
Import Growth of 23.97% CAGR Signals Rising Demand for Nickel Powders And Flakes
India's imports under HSN Code 75040000 have grown at 23.97% CAGR, reaching ₹196.88 Crore in FY 2024-25.
HSN Code 75040000 Contributes 100.00% of Sub-Chapter 7504 Exports — Ranked #1
Among the 1 HSN codes under Sub-Chapter 7504, HSN Code 75040000 ranks #1 by export value — accounting for 100.00% 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 75040000 and GST compliance.
What products are classified under HSN 75040000 ?
It includes Nickel alloy hollow bars
How should mixed supplies be billed when Nickel Powders And Flakes is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Nickel Powders And Flakes; Nil for exempt items if applicable).
Any common misclassification issue with Nickel Powders And Flakes?
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 Powders And Flakes?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Do e‑way bill and e‑invoice apply for Nickel Powders And Flakes?
e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.
How much GST applies to Nickel Powders And Flakes?
Under HSN 75040000, Nickel Powders And Flakes attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Does packaging or labelling change the GST for Nickel Powders And Flakes?
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.