HSN Code 76011040: Aluminium, not alloyed, wire rods

HSN Code 76011040 represents Aluminium, not alloyed, wire rods under GST classification. This code helps businesses identify Aluminium, not alloyed, wire rods correctly for billing, taxation, and trade. With HSN Code 76011040, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Aluminium, not alloyed, wire rods.

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Description of Goods for HSN Code 76011040

HSN Code 76011040 relates to the following description.

Description of Goods

Aluminium, not alloyed : Wire rods

Chapter

76 - Aluminium and articles thereof

Sub Chapter

7601 - Unwrought aluminium

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 76011040 not include?

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

India’s Trade Performance — HSN Code 76011040 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

₹39 Cr

+619.22% vs FY 2023-24

0.0010% of India’s total exports

India’s Imports

FY 2024-25

₹22 Cr

−34.21% vs FY 2023-24

0.0004% of India’s total imports

Trade Balance

FY 2024-25

₹16 Cr

Trade Surplus

Surplus rank #2988 of 12657 HSN codes

% of Sub-Chapter 7601

FY 2024-25

0.10%

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

Import side: 0.25% of Sub-Chapter 7601’s imports

Rank Within Sub-Chapter 7601

FY 2024-25

#5 of 10

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

Import-side rank: #5 of 10

At a glance

67.59%

Export CAGR

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

#3970

National Export Rank

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

+619.22%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.10%

Contribution to Sub-Ch. 7601

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

India Export-Import Trade Statistics for HSN Code 76011040

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 #7099

Balance

−123.54

Exports

1.74 ₹ Cr

0.0001% share

— YoY

0.01% of Sub-Ch. 7601

Imports

125.28 ₹ Cr

0.0035% share

— YoY

2.49% of Sub-Ch. 7601

FY 2019-20 Exp. Rank #6508

Balance

−16.33

Exports

2.90 ₹ Cr

0.0001% share

+66.67% YoY

0.01% of Sub-Ch. 7601

Imports

19.23 ₹ Cr

0.0006% share

−84.65% YoY

0.52% of Sub-Ch. 7601

FY 2020-21 Exp. Rank #4916

Balance

−10.53

Exports

11.24 ₹ Cr

0.0005% share

+287.59% YoY

0.04% of Sub-Ch. 7601

Imports

21.77 ₹ Cr

0.0007% share

+13.21% YoY

0.55% of Sub-Ch. 7601

FY 2021-22 Exp. Rank #5695

Balance

−23.47

Exports

8.52 ₹ Cr

0.0003% share

−24.20% YoY

0.01% of Sub-Ch. 7601

Imports

31.99 ₹ Cr

0.0007% share

+46.95% YoY

0.70% of Sub-Ch. 7601

FY 2022-23 Exp. Rank #4873

Balance

−12.12

Exports

17.13 ₹ Cr

0.0005% share

+101.06% YoY

0.03% of Sub-Ch. 7601

Imports

29.25 ₹ Cr

0.0005% share

−8.57% YoY

0.46% of Sub-Ch. 7601

FY 2023-24 Exp. Rank #6501

Balance

−28.75

Exports

5.36 ₹ Cr

0.0001% share

−68.71% YoY

0.01% of Sub-Ch. 7601

Imports

34.11 ₹ Cr

0.0006% share

+16.62% YoY

0.45% of Sub-Ch. 7601

FY 2024-25 Exp. Rank #3970

Balance

+16.11

Exports

38.55 ₹ Cr

0.0010% share

+619.22% YoY

0.10% of Sub-Ch. 7601

Imports

22.44 ₹ Cr

0.0004% share

−34.21% YoY

0.25% of Sub-Ch. 7601

CAGR · 7-Year

Exports

67.59% /yr

Imports

−24.92% /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 76011040 Export-Import Analysis

Consistent Export Growth: 67.59% CAGR Over 7 Years

India's exports under HSN Code 76011040 have grown at a compound annual rate of 67.59% over 7 fiscal years, rising from ₹1.74 Crore in FY 2018-19 to ₹38.55 Crore in FY 2024-25.

HSN Code 76011040 Ranked #3970 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 76011040 ranks #3970 out of 12657 HSN codes by total export value. Within Sub-Chapter 7601, it ranks #5 of 10. By trade surplus, it ranks #2988 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 76011040 Exports

The strongest single-year export movement for HSN Code 76011040 was recorded in FY 2024-25, when exports surged by 619.22% over the prior year.

India Maintains a Trade Surplus of ₹16.11 Crore in HSN Code 76011040 Goods

In FY 2024-25, India's exports of ₹38.55 Cr exceeded imports of ₹22.44 Cr, resulting in a trade surplus of ₹16.11 Crore — ranking #2988 of 12657 by surplus magnitude.

Import Growth of −24.92% CAGR Signals Stable Import Dependency for Aluminium, not alloyed, wire rods

India's imports under HSN Code 76011040 have grown at −24.92% CAGR, reaching ₹22.44 Crore in FY 2024-25.

HSN Code 76011040 Contributes 0.10% of Sub-Chapter 7601 Exports — Ranked #5

Among the 10 HSN codes under Sub-Chapter 7601, HSN Code 76011040 ranks #5 by export value — accounting for 0.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.25% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 76011040 and GST compliance.

What products are classified under HSN 76011040 ?

It includes Aluminium alloys : Billets

How much GST applies to Aluminium, not alloyed, wire rods?

Under HSN 76011040, Aluminium, not alloyed, wire rods attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Aluminium, not alloyed, wire rods 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, wire rods; Nil for exempt items if applicable).

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

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 Aluminium, not alloyed, wire rods?

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 Aluminium, not alloyed, wire rods?

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 Aluminium, not alloyed, wire rods?

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.

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.