HSN Code 76011010: Aluminium, not alloyed, ingots

HSN Code 76011010 represents Aluminium, not alloyed, ingots under GST classification. This code helps businesses identify Aluminium, not alloyed, ingots correctly for billing, taxation, and trade. With HSN Code 76011010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Aluminium, not alloyed, ingots.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 76011010

HSN Code 76011010 relates to the following description.

Description of Goods

Aluminium, not alloyed : Ingots

Chapter

76 - Aluminium and articles thereof

Sub Chapter

7601 - Unwrought aluminium

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 76011010 not include?

Aluminium, not alloyed, ingots does not include products with the following descriptions.

India’s Trade Performance — HSN Code 76011010 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

₹27,207 Cr

−16.99% vs FY 2023-24

0.7392% of India’s total exports

India’s Imports

FY 2024-25

₹1,487 Cr

−31.60% vs FY 2023-24

0.0245% of India’s total imports

Trade Balance

FY 2024-25

₹25,721 Cr

Trade Surplus

Surplus rank #15 of 12657 HSN codes

% of Sub-Chapter 7601

FY 2024-25

72.89%

Share of Sub-Chapter 7601’s total exports in FY 2024-25

Import side: 16.65% of Sub-Chapter 7601’s imports

Rank Within Sub-Chapter 7601

FY 2024-25

#1 of 10

Position by export value among HSN codes in Sub-Chapter 7601

Import-side rank: #2 of 10

At a glance

2.90%

Export CAGR

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

#20

National Export Rank

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

+72.04%

Peak Growth Year

FY 2021-22 · strongest single-year move

72.89%

Contribution to Sub-Ch. 7601

Share of Sub-Chapter 7601 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 76011010

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 #11

Balance

+22,257.31

Exports

22,917.09 ₹ Cr

1.0030% share

— YoY

76.57% of Sub-Ch. 7601

Imports

659.78 ₹ Cr

0.0184% share

— YoY

13.13% of Sub-Ch. 7601

FY 2019-20 Exp. Rank #12

Balance

+20,058.81

Exports

20,921.60 ₹ Cr

0.9504% share

−8.71% YoY

80.79% of Sub-Ch. 7601

Imports

862.79 ₹ Cr

0.0258% share

+30.77% YoY

23.24% of Sub-Ch. 7601

FY 2020-21 Exp. Rank #6

Balance

+24,761.37

Exports

26,233.36 ₹ Cr

1.2197% share

+25.39% YoY

82.73% of Sub-Ch. 7601

Imports

1,471.99 ₹ Cr

0.0505% share

+70.61% YoY

37.27% of Sub-Ch. 7601

FY 2021-22 Exp. Rank #7

Balance

+44,188.81

Exports

45,131.86 ₹ Cr

1.4381% share

+72.04% YoY

72.51% of Sub-Ch. 7601

Imports

943.05 ₹ Cr

0.0206% share

−35.93% YoY

20.65% of Sub-Ch. 7601

FY 2022-23 Exp. Rank #10

Balance

+38,538.04

Exports

40,050.21 ₹ Cr

1.1061% share

−11.26% YoY

79.36% of Sub-Ch. 7601

Imports

1,512.17 ₹ Cr

0.0263% share

+60.35% YoY

23.76% of Sub-Ch. 7601

FY 2023-24 Exp. Rank #12

Balance

+30,601.45

Exports

32,774.86 ₹ Cr

0.9058% share

−18.17% YoY

79.02% of Sub-Ch. 7601

Imports

2,173.41 ₹ Cr

0.0387% share

+43.73% YoY

28.49% of Sub-Ch. 7601

FY 2024-25 Exp. Rank #20

Balance

+25,720.57

Exports

27,207.10 ₹ Cr

0.7392% share

−16.99% YoY

72.89% of Sub-Ch. 7601

Imports

1,486.53 ₹ Cr

0.0245% share

−31.60% YoY

16.65% of Sub-Ch. 7601

CAGR · 7-Year

Exports

2.90% /yr

Imports

14.50% /yr

Consistently Surplus
Sub-Chapter 7601 total

reference, FY 2024-25

Export

₹37,324.59 Cr

Import

₹8,925.90 Cr

Trade Balance

+28,398.69

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

Key Trade Insights: HSN Code 76011010 Export-Import Analysis

Consistent Export Growth: 2.90% CAGR Over 7 Years

India's exports under HSN Code 76011010 have grown at a compound annual rate of 2.90% over 7 fiscal years, rising from ₹22,917.09 Crore in FY 2018-19 to ₹27,207.10 Crore in FY 2024-25.

HSN Code 76011010 Ranked #20 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 76011010 ranks #20 out of 12657 HSN codes by total export value. Within Sub-Chapter 7601, it ranks #1 of 10. By trade surplus, it ranks #15 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 76011010 Exports

The strongest single-year export movement for HSN Code 76011010 was recorded in FY 2021-22, when exports surged by 72.04% over the prior year.

India Maintains a Trade Surplus of ₹25,720.57 Crore in HSN Code 76011010 Goods

In FY 2024-25, India's exports of ₹27,207.10 Cr exceeded imports of ₹1,486.53 Cr, resulting in a trade surplus of ₹25,720.57 Crore — ranking #15 of 12657 by surplus magnitude.

Import Growth of 14.50% CAGR Signals Rising Demand for Aluminium, not alloyed, ingots

India's imports under HSN Code 76011010 have grown at 14.50% CAGR, reaching ₹1,486.53 Crore in FY 2024-25.

HSN Code 76011010 Contributes 72.89% of Sub-Chapter 7601 Exports — Ranked #1

Among the 10 HSN codes under Sub-Chapter 7601, HSN Code 76011010 ranks #1 by export value — accounting for 72.89% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 16.65% share (rank #2).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 76011010 and GST compliance.

What products are classified under HSN 76011010 ?

It includes Aluminium, not alloyed, wire rods

Does packaging or labelling change the GST for Aluminium, not alloyed, ingots?

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.

Do e‑way bill and e‑invoice apply for Aluminium, not alloyed, ingots?

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 should mixed supplies be billed when Aluminium, not alloyed, ingots is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Aluminium, not alloyed, ingots; Nil for exempt items if applicable).

How much GST applies to Aluminium, not alloyed, ingots?

Under HSN 76011010, Aluminium, not alloyed, ingots attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Aluminium, not alloyed, ingots?

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

Any common misclassification issue with Aluminium, not alloyed, ingots?

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

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.