HSN Code 75062000: Of Nickel Alloys
HSN Code 75062000 represents Of Nickel Alloys under GST classification. This code helps businesses identify Of Nickel Alloys correctly for billing, taxation, and trade. With HSN Code 75062000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of Nickel Alloys.
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Description of Goods for HSN Code 75062000
HSN Code 75062000 relates to the following description.
What does HSN Code 75062000 not include?
Of Nickel Alloys does not include products with the following descriptions.
Of nickel, not alloyed
Of nickel, not alloyed
India’s Trade Performance — HSN Code 75062000 in FY 2024-25
India’s Exports
FY 2024-25₹45 Cr
0.0012% of India’s total exports
India’s Imports
FY 2024-25₹1,110 Cr
0.0183% of India’s total imports
Trade Balance
FY 2024-25−₹1,065 Cr
Surplus rank #12230 of 12657 HSN codes
% of Sub-Chapter 7506
FY 2024-2589.28%
Share of Sub-Chapter 7506’s total exports in FY 2024-25
Import side: 93.26% of Sub-Chapter 7506’s imports
Rank Within Sub-Chapter 7506
FY 2024-25#1 of 2
Position by export value among HSN codes in Sub-Chapter 7506
Import-side rank: #1 of 2
At a glance
13.23%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3766
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+46.91%
Peak Growth Year
FY 2020-21 · strongest single-year move
89.28%
Contribution to Sub-Ch. 7506
Share of Sub-Chapter 7506 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 75062000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−293.08
Exports
21.34 ₹ Cr
0.0009% share
— YoY
88.04% of Sub-Ch. 7506
Imports
314.42 ₹ Cr
0.0088% share
— YoY
95.87% of Sub-Ch. 7506
Balance
−724.62
Exports
22.62 ₹ Cr
0.0010% share
+6.00% YoY
85.26% of Sub-Ch. 7506
Imports
747.24 ₹ Cr
0.0223% share
+137.66% YoY
98.60% of Sub-Ch. 7506
Balance
−630.83
Exports
33.23 ₹ Cr
0.0015% share
+46.91% YoY
86.79% of Sub-Ch. 7506
Imports
664.06 ₹ Cr
0.0228% share
−11.13% YoY
96.47% of Sub-Ch. 7506
Balance
−543.73
Exports
36.12 ₹ Cr
0.0012% share
+8.70% YoY
91.44% of Sub-Ch. 7506
Imports
579.85 ₹ Cr
0.0127% share
−12.68% YoY
93.01% of Sub-Ch. 7506
Balance
−975.21
Exports
47.69 ₹ Cr
0.0013% share
+32.03% YoY
95.96% of Sub-Ch. 7506
Imports
1,022.90 ₹ Cr
0.0178% share
+76.41% YoY
92.89% of Sub-Ch. 7506
Balance
−1,274.97
Exports
43.94 ₹ Cr
0.0012% share
−7.86% YoY
94.98% of Sub-Ch. 7506
Imports
1,318.91 ₹ Cr
0.0235% share
+28.94% YoY
91.12% of Sub-Ch. 7506
Balance
−1,065.49
Exports
44.97 ₹ Cr
0.0012% share
+2.34% YoY
89.28% of Sub-Ch. 7506
Imports
1,110.46 ₹ Cr
0.0183% share
−15.80% YoY
93.26% of Sub-Ch. 7506
CAGR · 7-Year
Exports
13.23% /yr
Imports
23.40% /yr
reference, FY 2024-25
Export
₹50.37 Cr
Import
₹1,190.70 Cr
Trade Balance
−1,140.33
Key Trade Insights: HSN Code 75062000 Export-Import Analysis
Consistent Export Growth: 13.23% CAGR Over 7 Years
India's exports under HSN Code 75062000 have grown at a compound annual rate of 13.23% over 7 fiscal years, rising from ₹21.34 Crore in FY 2018-19 to ₹44.97 Crore in FY 2024-25.
HSN Code 75062000 Ranked #3766 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 75062000 ranks #3766 out of 12657 HSN codes by total export value. Within Sub-Chapter 7506, it ranks #1 of 2. By trade surplus, it ranks #12230 of 12657.
FY 2020-21 Was the Strongest Growth Year for HSN Code 75062000 Exports
The strongest single-year export movement for HSN Code 75062000 was recorded in FY 2020-21, when exports surged by 46.91% over the prior year.
India Records a Trade Deficit of ₹1,065.49 Crore in HSN Code 75062000 Goods
In FY 2024-25, India's imports of ₹1,110.46 Cr exceeded exports of ₹44.97 Cr, resulting in a trade deficit of ₹1,065.49 Crore — ranking #12230 of 12657 by surplus magnitude.
Import Growth of 23.40% CAGR Signals Rising Demand for Of Nickel Alloys
India's imports under HSN Code 75062000 have grown at 23.40% CAGR, reaching ₹1,110.46 Crore in FY 2024-25.
HSN Code 75062000 Contributes 89.28% of Sub-Chapter 7506 Exports — Ranked #1
Among the 2 HSN codes under Sub-Chapter 7506, HSN Code 75062000 ranks #1 by export value — accounting for 89.28% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 93.26% share (rank #1).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 75062000 and GST compliance.
What products are classified under HSN 75062000 ?
It includes Tube Or Pipe Fittings
How should mixed supplies be billed when Of Nickel Alloys is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of Nickel Alloys; Nil for exempt items if applicable).
Can we claim ITC on inputs used to trade Of Nickel Alloys?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Does packaging or labelling change the GST for Of Nickel Alloys?
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.
Any common misclassification issue with Of Nickel Alloys?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Do e‑way bill and e‑invoice apply for Of Nickel Alloys?
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 Of Nickel Alloys?
Under HSN 75062000, Of Nickel Alloys attracts Varies when sold in taxable form. Describe the exact form on the invoice.