--- title: "HSN Code for Aluminium alloys : Billets | HSN 76012020 GST Rate" description: "Find HSN and GST Rates for 76012020 related to Aluminium alloys : Billets with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-76012020/" --- # HSN Code 76012020: Aluminium alloys : Billets - [Section 15: Guide to HSN Section 15](https://busy.in/hsn/section-15/) - [Chapter 76: Aluminium & Similar Articles](https://busy.in/hsn/chapter-76/) - [Sub-chapter 7601: Unwrought aluminium](https://busy.in/hsn/sub-chapter-7601/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Aluminium alloys : Billets | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 76012020 ? It includes Other aluminium alloys ### Any common misclassification issue with Aluminium alloys : Billets? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How should mixed supplies be billed when Aluminium alloys : Billets is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Aluminium alloys : Billets; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Aluminium alloys : Billets? 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 alloys : Billets? 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 much GST applies to Aluminium alloys : Billets? Under HSN 76012020, Aluminium alloys : Billets attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 76012020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹7,758 Cr (+24.29% YoY) — 0.2108% of India's total exports - Imports: ₹984 Cr (+6.19% YoY) — 0.0162% of India's total imports - Trade balance: ₹6,774 Cr (Surplus); surplus rank #49 of 12657 HSN codes - Share of Sub-Chapter 7601: 20.79% of its exports; import side 11.02% - Rank within Sub-Chapter 7601: #2 of 10 by export value; import-side #3 ### Key metrics - Export CAGR: 3.36% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #57 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +196.83% in FY 2021-22 - Contribution to Sub-Ch. 7601: 20.79% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 76012020 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 7601 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7601 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 6,362.91 | 0.2785% | — | 21.26% | 642.06 | 0.0179% | — | 12.78% | +5,720.85 | #37 | | FY 2019-20 | 3,805.53 | 0.1729% | −40.19% | 14.69% | 539.24 | 0.0161% | −16.01% | 14.52% | +3,266.29 | #75 | | FY 2020-21 | 3,583.17 | 0.1666% | −5.84% | 11.30% | 512.51 | 0.0176% | −4.96% | 12.97% | +3,070.66 | #83 | | FY 2021-22 | 10,636.07 | 0.3389% | +196.83% | 17.09% | 735.06 | 0.0161% | +43.42% | 16.10% | +9,901.01 | #38 | | FY 2022-23 | 5,451.22 | 0.1506% | −48.75% | 10.80% | 1,051.29 | 0.0183% | +43.02% | 16.52% | +4,399.93 | #86 | | FY 2023-24 | 6,242.07 | 0.1725% | +14.51% | 15.05% | 926.39 | 0.0165% | −11.88% | 12.14% | +5,315.68 | #73 | | FY 2024-25 | 7,758.17 | 0.2108% | +24.29% | 20.79% | 983.75 | 0.0162% | +6.19% | 11.02% | +6,774.42 | #57 | - CAGR (7-year): exports 3.36%/yr, imports 7.37%/yr (consistently Surplus) ## Key trade insights: HSN Code 76012020 export-import analysis ### Consistent export growth: 3.36% CAGR over 7 years India's exports under HSN Code 76012020 have grown at a compound annual rate of 3.36% over 7 fiscal years, rising from ₹6,362.91 Crore in FY 2018-19 to ₹7,758.17 Crore in FY 2024-25. ### HSN Code 76012020 ranked #57 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 76012020 ranks #57 out of 12657 HSN codes by total export value. Within Sub-Chapter 7601, it ranks #2 of 10. By trade surplus, it ranks #49 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 76012020 exports The strongest single-year export movement for HSN Code 76012020 was recorded in FY 2021-22, when exports surged by 196.83% over the prior year. ### India maintains a trade surplus of ₹6,774.42 Crore in HSN Code 76012020 goods In FY 2024-25, India's exports of ₹7,758.17 Cr exceeded imports of ₹983.75 Cr, resulting in a trade surplus of ₹6,774.42 Crore — ranking #49 of 12657 by surplus magnitude. ### Import growth of 7.37% CAGR signals stable import dependency for Aluminium alloys : Billets India's imports under HSN Code 76012020 have grown at 7.37% CAGR, reaching ₹983.75 Crore in FY 2024-25. ### HSN Code 76012020 contributes 20.79% of Sub-Chapter 7601 exports — ranked #2 Among the 10 HSN codes under Sub-Chapter 7601, HSN Code 76012020 ranks #2 by export value — accounting for 20.79% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 11.02% share (rank #3). ## Related HSN Codes in Sub-Chapter 7601 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 76011010: Aluminium, not alloyed, ingots](https://busy.in/hsn/hsn-76011010/) | ₹27,207 Cr | | #2 | HSN Code 76012020: Aluminium alloys : Billets (this hsn code) | ₹7,758 Cr | | #3 | [HSN Code 76012010: Aluminium alloys : Ingots](https://busy.in/hsn/hsn-76012010/) | ₹2,077 Cr | | #4 | [HSN Code 76012090: Other aluminium alloys](https://busy.in/hsn/hsn-76012090/) | ₹222 Cr | | #5 | [HSN Code 76011040: Aluminium, not alloyed, wire rods](https://busy.in/hsn/hsn-76011040/) | ₹39 Cr | | #6 | [HSN Code 76011020: Aluminium, not alloyed, billets](https://busy.in/hsn/hsn-76011020/) | ₹19 Cr | | #7 | [HSN Code 76011090: Aluminium, not alloyed, other](https://busy.in/hsn/hsn-76011090/) | ₹2 Cr | | #8 | [HSN Code 76012040: Aluminium alloys, wire rods](https://busy.in/hsn/hsn-76012040/) | < ₹1 Crore | | #9 | [HSN Code 76012030: Aluminium alloys, wire bars](https://busy.in/hsn/hsn-76012030/) | < ₹1 Crore | | #10 | [HSN Code 76011030: Aluminium, not alloyed, wire bars](https://busy.in/hsn/hsn-76011030/) | < ₹1 Crore |