HSN Code 76012030: Aluminium alloys, wire bars

HSN Code 76012030 represents Aluminium alloys, wire bars under GST classification. This code helps businesses identify Aluminium alloys, wire bars correctly for billing, taxation, and trade. With HSN Code 76012030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Aluminium alloys, wire bars.

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Description of Goods for HSN Code 76012030

HSN Code 76012030 relates to the following description.

Description of Goods

Aluminium alloys : Wire bars

Chapter

76 - Aluminium and articles thereof

Sub Chapter

7601 - Unwrought aluminium

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 76012030 not include?

Aluminium alloys, wire bars does not include products with the following descriptions.

India’s Trade Performance — HSN Code 76012030 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

< ₹1 Crore

−69.23% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7870 of 12657 HSN codes

% of Sub-Chapter 7601

FY 2024-25

0.00%

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

Import side: 0.01% of Sub-Chapter 7601’s imports

Rank Within Sub-Chapter 7601

FY 2024-25

#9 of 10

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

Import-side rank: #8 of 10

At a glance

#10112

National Export Rank

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

−69.23%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.00%

Contribution to Sub-Ch. 7601

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

India Export-Import Trade Statistics for HSN Code 76012030

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

Balance

−0.06

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7601

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7601

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7601

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7601

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7601

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7601

FY 2021-22

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7601

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7601

FY 2022-23

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7601

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7601

FY 2023-24 Exp. Rank #9670

Balance

+0.13

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7601

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7601

FY 2024-25 Exp. Rank #10112

Balance

−0.89

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−69.23% YoY

0.00% of Sub-Ch. 7601

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Sub-Ch. 7601

CAGR · 7-Year

Exports

—

Imports

57.90% /yr

Consistently Deficit
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 76012030 Export-Import Analysis

Export Snapshot for HSN Code 76012030

India exported ₹0.04 Crore worth of Aluminium alloys, wire bars in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 76012030 Ranked #10112 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 76012030 ranks #10112 out of 12657 HSN codes by total export value. Within Sub-Chapter 7601, it ranks #9 of 10. By trade surplus, it ranks #7870 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 76012030 Exports

The strongest single-year export movement for HSN Code 76012030 was recorded in FY 2024-25, when exports declined by 69.23% over the prior year.

India Records a Trade Deficit of ₹0.89 Crore in HSN Code 76012030 Goods

In FY 2024-25, India's imports of ₹0.93 Cr exceeded exports of ₹0.04 Cr, resulting in a trade deficit of ₹0.89 Crore — ranking #7870 of 12657 by surplus magnitude.

Import Growth of 57.90% CAGR Signals Rising Demand for Aluminium alloys, wire bars

India's imports under HSN Code 76012030 have grown at 57.90% CAGR, reaching ₹0.93 Crore in FY 2024-25.

HSN Code 76012030 Contributes 0.00% of Sub-Chapter 7601 Exports — Ranked #9

Among the 10 HSN codes under Sub-Chapter 7601, HSN Code 76012030 ranks #9 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #8).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 76012030 and GST compliance.

What products are classified under HSN 76012030 ?

It includes Aluminium Waste And Scrap

Do e‑way bill and e‑invoice apply for Aluminium alloys, wire bars?

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.

Any common misclassification issue with Aluminium alloys, wire bars?

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, wire bars is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Aluminium alloys, wire bars; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Aluminium alloys, wire bars?

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

How much GST applies to Aluminium alloys, wire bars?

Under HSN 76012030, Aluminium alloys, wire bars attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Aluminium alloys, wire bars?

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.

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.