--- title: "HSN Code for Aluminium alloys, wire rods | HSN 76012040 GST Rate" description: "Find HSN and GST Rates for 76012040 related to Aluminium alloys, wire rods with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-76012040/" --- # HSN Code 76012040: Aluminium alloys, wire rods - [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 : Wire rods | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 76012040 ? It includes Aluminium waste and scrap: Other waste and scrap ### Do e‑way bill and e‑invoice apply for Aluminium alloys, 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. ### Does packaging or labelling change the GST for Aluminium alloys, 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. ### Can we claim ITC on inputs used to trade Aluminium alloys, 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. ### How should mixed supplies be billed when Aluminium alloys, 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 alloys, wire rods; Nil for exempt items if applicable). ### How much GST applies to Aluminium alloys, wire rods? Under HSN 76012040, Aluminium alloys, wire rods attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 76012040 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+1,450.00% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #5153 of 12657 HSN codes - Share of Sub-Chapter 7601: 0.00% of its exports; import side 0.01% - Rank within Sub-Chapter 7601: #8 of 10 by export value; import-side #10 ### Key metrics - Export CAGR: 13.50% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #8655 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +1,700.00% in FY 2021-22 - Contribution to Sub-Ch. 7601: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 76012040 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 | < ₹1 Crore | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | +0.29 | #8572 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −86.21% | 0.00% | Nil | 0.0000% | — | 0.00% | +0.04 | #9534 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −75.00% | 0.00% | < ₹1 Crore | 0.0000% | — | 0.01% | −0.28 | #9985 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +1,700.00% | 0.00% | 1.19 | 0.0000% | +310.34% | 0.03% | −1.01 | #9254 | | FY 2022-23 | 1.11 | 0.0000% | +516.67% | 0.00% | Nil | 0.0000% | −100.00% | 0.00% | +1.11 | #8010 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −96.40% | 0.00% | Nil | 0.0000% | — | 0.00% | +0.04 | #10146 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +1,450.00% | 0.00% | < ₹1 Crore | 0.0000% | — | 0.01% | +0.16 | #8655 | - CAGR (7-year): exports 13.50%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 76012040 export-import analysis ### Consistent export growth: 13.50% CAGR over 7 years India's exports under HSN Code 76012040 have grown at a compound annual rate of 13.50% over 7 fiscal years, rising from ₹0.29 Crore in FY 2018-19 to ₹0.62 Crore in FY 2024-25. ### HSN Code 76012040 ranked #8655 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 76012040 ranks #8655 out of 12657 HSN codes by total export value. Within Sub-Chapter 7601, it ranks #8 of 10. By trade surplus, it ranks #5153 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 76012040 exports The strongest single-year export movement for HSN Code 76012040 was recorded in FY 2021-22, when exports surged by 1,700.00% over the prior year. ### India maintains a trade surplus of ₹0.16 Crore in HSN Code 76012040 goods In FY 2024-25, India's exports of ₹0.62 Cr exceeded imports of ₹0.46 Cr, resulting in a trade surplus of ₹0.16 Crore — ranking #5153 of 12657 by surplus magnitude. ### HSN Code 76012040 contributes 0.00% of Sub-Chapter 7601 exports — ranked #8 Among the 10 HSN codes under Sub-Chapter 7601, HSN Code 76012040 ranks #8 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 #10). ## 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](https://busy.in/hsn/hsn-76012020/) | ₹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 (this hsn code) | < ₹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 |