--- title: "HSN Code for Aluminium rods: non-wire rods | HSN 76041020 GST Rate" description: "Find HSN and GST Rates for 76041020 related to Aluminium rods: non-wire rods with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-76041020/" --- # HSN Code 76041020: Aluminium rods: non-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 7604: Aluminium bars, rods](https://busy.in/hsn/sub-chapter-7604/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Of aluminium, not alloyed : Bars and rods, other than wire rods | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 76041020 ? It includes Of Aluminium Alloys | Hollow Profiles ### Can we claim ITC on inputs used to trade Aluminium rods: non-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. ### Any common misclassification issue with Aluminium rods: non-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 rods: non-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 rods: non-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. ### How should mixed supplies be billed when Aluminium rods: non-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 rods: non-wire rods; Nil for exempt items if applicable). ### How much GST applies to Aluminium rods: non-wire rods? Under HSN 76041020, Aluminium rods: non-wire rods attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 76041020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹8 Cr (+12.12% YoY) — 0.0002% of India's total exports - Imports: ₹32 Cr (−22.84% YoY) — 0.0005% of India's total imports - Trade balance: −₹24 Cr (Deficit); surplus rank #9659 of 12657 HSN codes - Share of Sub-Chapter 7604: 0.79% of its exports; import side 1.64% - Rank within Sub-Chapter 7604: #8 of 9 by export value; import-side #6 ### Key metrics - Export CAGR: -23.87% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #6030 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +72.87% in FY 2021-22 - Contribution to Sub-Ch. 7604: 0.79% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 76041020 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. 7604 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7604 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 41.82 | 0.0018% | — | 7.63% | 42.72 | 0.0012% | — | 4.27% | −0.90 | #3146 | | FY 2019-20 | 5.04 | 0.0002% | −87.95% | 1.28% | 35.77 | 0.0011% | −16.27% | 3.39% | −30.73 | #5840 | | FY 2020-21 | 3.28 | 0.0002% | −34.92% | 0.66% | 21.30 | 0.0007% | −40.45% | 2.21% | −18.02 | #6453 | | FY 2021-22 | 5.67 | 0.0002% | +72.87% | 0.46% | 34.75 | 0.0008% | +63.15% | 2.46% | −29.08 | #6204 | | FY 2022-23 | 7.41 | 0.0002% | +30.69% | 0.48% | 52.68 | 0.0009% | +51.60% | 3.26% | −45.27 | #6015 | | FY 2023-24 | 7.26 | 0.0002% | −2.02% | 0.66% | 41.28 | 0.0007% | −21.64% | 2.36% | −34.02 | #6112 | | FY 2024-25 | 8.14 | 0.0002% | +12.12% | 0.79% | 31.85 | 0.0005% | −22.84% | 1.64% | −23.71 | #6030 | - CAGR (7-year): exports -23.87%/yr, imports -4.78%/yr (consistently Deficit) ## Key trade insights: HSN Code 76041020 export-import analysis ### Export decline: -23.87% CAGR over 7 years India's exports under HSN Code 76041020 have declined at a compound annual rate of -23.87% over 7 fiscal years, falling from ₹41.82 Crore in FY 2018-19 to ₹8.14 Crore in FY 2024-25. ### HSN Code 76041020 ranked #6030 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 76041020 ranks #6030 out of 12657 HSN codes by total export value. Within Sub-Chapter 7604, it ranks #8 of 9. By trade surplus, it ranks #9659 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 76041020 exports The strongest single-year export movement for HSN Code 76041020 was recorded in FY 2021-22, when exports surged by 72.87% over the prior year. ### India records a trade deficit of ₹23.71 Crore in HSN Code 76041020 goods In FY 2024-25, India's imports of ₹31.85 Cr exceeded exports of ₹8.14 Cr, resulting in a trade deficit of ₹23.71 Crore — ranking #9659 of 12657 by surplus magnitude. ### Import growth of -4.78% CAGR signals stable import dependency for Aluminium rods: non-wire rods India's imports under HSN Code 76041020 have grown at -4.78% CAGR, reaching ₹31.85 Crore in FY 2024-25. ### HSN Code 76041020 contributes 0.79% of Sub-Chapter 7604 exports — ranked #8 Among the 9 HSN codes under Sub-Chapter 7604, HSN Code 76041020 ranks #8 by export value — accounting for 0.79% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.64% share (rank #6). ## Related HSN Codes in Sub-Chapter 7604 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 76042100: Of Aluminium Alloys \| Hollow Profiles](https://busy.in/hsn/hsn-76042100/) | ₹381 Cr | | #2 | [HSN Code 76042990: Of aluminium alloys : Other : Other](https://busy.in/hsn/hsn-76042990/) | ₹258 Cr | | #3 | [HSN Code 76042930: Aluminium alloy bars and rods](https://busy.in/hsn/hsn-76042930/) | ₹226 Cr | | #4 | [HSN Code 76041039: Of aluminium, not alloyed : Profiles : Other](https://busy.in/hsn/hsn-76041039/) | ₹65 Cr | | #5 | [HSN Code 76042910: Hard Drawn Bare Aluminium Conductors (Steel Reinforced)](https://busy.in/hsn/hsn-76042910/) | ₹64 Cr | | #6 | [HSN Code 76041010: Of aluminium, not alloyed : Wire rods](https://busy.in/hsn/hsn-76041010/) | ₹19 Cr | | #7 | [HSN Code 76042920: Of Aluminium Alloys \| Other](https://busy.in/hsn/hsn-76042920/) | ₹10 Cr | | #8 | HSN Code 76041020: Aluminium rods: non-wire rods (this hsn code) | ₹8 Cr | | #9 | [HSN Code 76041031: Of aluminium, not alloyed : Profiles : Hollow](https://busy.in/hsn/hsn-76041031/) | ₹1 Cr |