HSN Code 76041010: Of aluminium, not alloyed : Wire rods

HSN Code 76041010 represents Of aluminium, not alloyed : Wire rods under GST classification. This code helps businesses identify Of aluminium, not alloyed : Wire rods correctly for billing, taxation, and trade. With HSN Code 76041010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of aluminium, not alloyed : Wire rods.

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Description of Goods for HSN Code 76041010

HSN Code 76041010 relates to the following description.

Description of Goods

Of aluminium, not alloyed : Wire rods

Chapter

76 - Aluminium and articles thereof

Sub Chapter

7604 - Aluminium bars, rods and profiles

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 76041010 not include?

Of aluminium, not alloyed : Wire rods does not include products with the following descriptions.

HSN Code 76042910

Of aluminium alloys : Other : Hard drawn bare aluminium conductors steel re-inforced (A.C.S.R.)

India’s Trade Performance — HSN Code 76041010 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

₹19 Cr

−10.00% vs FY 2023-24

0.0005% of India’s total exports

India’s Imports

FY 2024-25

₹7 Cr

+237.38% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

₹12 Cr

Trade Surplus

Surplus rank #3204 of 12657 HSN codes

% of Sub-Chapter 7604

FY 2024-25

1.84%

Share of Sub-Chapter 7604’s total exports in FY 2024-25

Import side: 0.36% of Sub-Chapter 7604’s imports

Rank Within Sub-Chapter 7604

FY 2024-25

#6 of 9

Position by export value among HSN codes in Sub-Chapter 7604

Import-side rank: #8 of 9

At a glance

−13.13%

Export CAGR

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

#4955

National Export Rank

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

+186.71%

Peak Growth Year

FY 2022-23 · strongest single-year move

1.84%

Contribution to Sub-Ch. 7604

Share of Sub-Chapter 7604 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 76041010

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 #3044

Balance

−52.39

Exports

44.21 ₹ Cr

0.0019% share

— YoY

8.06% of Sub-Ch. 7604

Imports

96.60 ₹ Cr

0.0027% share

— YoY

9.66% of Sub-Ch. 7604

FY 2019-20 Exp. Rank #3711

Balance

−10.71

Exports

27.41 ₹ Cr

0.0012% share

−38.00% YoY

6.95% of Sub-Ch. 7604

Imports

38.12 ₹ Cr

0.0011% share

−60.54% YoY

3.62% of Sub-Ch. 7604

FY 2020-21 Exp. Rank #3731

Balance

+23.81

Exports

28.46 ₹ Cr

0.0013% share

+3.83% YoY

5.72% of Sub-Ch. 7604

Imports

4.65 ₹ Cr

0.0002% share

−87.80% YoY

0.48% of Sub-Ch. 7604

FY 2021-22 Exp. Rank #4502

Balance

+14.89

Exports

21.59 ₹ Cr

0.0007% share

−24.14% YoY

1.77% of Sub-Ch. 7604

Imports

6.70 ₹ Cr

0.0001% share

+44.09% YoY

0.47% of Sub-Ch. 7604

FY 2022-23 Exp. Rank #3193

Balance

+60.18

Exports

61.90 ₹ Cr

0.0017% share

+186.71% YoY

4.01% of Sub-Ch. 7604

Imports

1.72 ₹ Cr

0.0000% share

−74.33% YoY

0.11% of Sub-Ch. 7604

FY 2023-24 Exp. Rank #4706

Balance

+19.05

Exports

21.11 ₹ Cr

0.0006% share

−65.90% YoY

1.91% of Sub-Ch. 7604

Imports

2.06 ₹ Cr

0.0000% share

+19.77% YoY

0.12% of Sub-Ch. 7604

FY 2024-25 Exp. Rank #4955

Balance

+12.05

Exports

19.00 ₹ Cr

0.0005% share

−10.00% YoY

1.84% of Sub-Ch. 7604

Imports

6.95 ₹ Cr

0.0001% share

+237.38% YoY

0.36% of Sub-Ch. 7604

CAGR · 7-Year

Exports

−13.13% /yr

Imports

−35.51% /yr

Consistently Surplus
Sub-Chapter 7604 total

reference, FY 2024-25

Export

₹1,033.24 Cr

Import

₹1,941.38 Cr

Trade Balance

−908.14

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

Key Trade Insights: HSN Code 76041010 Export-Import Analysis

Export Decline: −13.13% CAGR Over 7 Years

India's exports under HSN Code 76041010 have declined at a compound annual rate of −13.13% over 7 fiscal years, falling from ₹44.21 Crore in FY 2018-19 to ₹19.00 Crore in FY 2024-25.

HSN Code 76041010 Ranked #4955 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 76041010 ranks #4955 out of 12657 HSN codes by total export value. Within Sub-Chapter 7604, it ranks #6 of 9. By trade surplus, it ranks #3204 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 76041010 Exports

The strongest single-year export movement for HSN Code 76041010 was recorded in FY 2022-23, when exports surged by 186.71% over the prior year.

India Maintains a Trade Surplus of ₹12.05 Crore in HSN Code 76041010 Goods

In FY 2024-25, India's exports of ₹19.00 Cr exceeded imports of ₹6.95 Cr, resulting in a trade surplus of ₹12.05 Crore — ranking #3204 of 12657 by surplus magnitude.

Import Growth of −35.51% CAGR Signals Stable Import Dependency for Of aluminium, not alloyed : Wire rods

India's imports under HSN Code 76041010 have grown at −35.51% CAGR, reaching ₹6.95 Crore in FY 2024-25.

HSN Code 76041010 Contributes 1.84% of Sub-Chapter 7604 Exports — Ranked #6

Among the 9 HSN codes under Sub-Chapter 7604, HSN Code 76041010 ranks #6 by export value — accounting for 1.84% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.36% share (rank #8).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 76041010 and GST compliance.

What products are classified under HSN 76041010 ?

It includes Of aluminium, not alloyed : Profiles : Other

Do e‑way bill and e‑invoice apply for Of 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.

Can we claim ITC on inputs used to trade Of 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.

How much GST applies to Of aluminium, not alloyed : Wire rods?

Under HSN 76041010, Of aluminium, not alloyed : Wire rods attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Of 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 Of 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.

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.