HSN Code 76041020: Aluminium rods: non-wire rods

HSN Code 76041020 represents Aluminium rods: non-wire rods under GST classification. This code helps businesses identify Aluminium rods: non-wire rods correctly for billing, taxation, and trade. With HSN Code 76041020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Aluminium rods: non-wire rods.

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Description of Goods for HSN Code 76041020

HSN Code 76041020 relates to the following description.

Description of Goods

Of aluminium, not alloyed : Bars and rods, other than 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 76041020 not include?

Aluminium rods: non-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 76041020 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

₹8 Cr

+12.12% vs FY 2023-24

0.0002% of India’s total exports

India’s Imports

FY 2024-25

₹32 Cr

−22.84% vs FY 2023-24

0.0005% of India’s total imports

Trade Balance

FY 2024-25

−₹24 Cr

Trade Deficit

Surplus rank #9659 of 12657 HSN codes

% of Sub-Chapter 7604

FY 2024-25

0.79%

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

Import side: 1.64% of Sub-Chapter 7604’s imports

Rank Within Sub-Chapter 7604

FY 2024-25

#8 of 9

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

Import-side rank: #6 of 9

At a glance

−23.87%

Export CAGR

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

#6030

National Export Rank

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

+72.87%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.79%

Contribution to Sub-Ch. 7604

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #3146

Balance

−0.90

Exports

41.82 ₹ Cr

0.0018% share

— YoY

7.63% of Sub-Ch. 7604

Imports

42.72 ₹ Cr

0.0012% share

— YoY

4.27% of Sub-Ch. 7604

FY 2019-20 Exp. Rank #5840

Balance

−30.73

Exports

5.04 ₹ Cr

0.0002% share

−87.95% YoY

1.28% of Sub-Ch. 7604

Imports

35.77 ₹ Cr

0.0011% share

−16.27% YoY

3.39% of Sub-Ch. 7604

FY 2020-21 Exp. Rank #6453

Balance

−18.02

Exports

3.28 ₹ Cr

0.0002% share

−34.92% YoY

0.66% of Sub-Ch. 7604

Imports

21.30 ₹ Cr

0.0007% share

−40.45% YoY

2.21% of Sub-Ch. 7604

FY 2021-22 Exp. Rank #6204

Balance

−29.08

Exports

5.67 ₹ Cr

0.0002% share

+72.87% YoY

0.46% of Sub-Ch. 7604

Imports

34.75 ₹ Cr

0.0008% share

+63.15% YoY

2.46% of Sub-Ch. 7604

FY 2022-23 Exp. Rank #6015

Balance

−45.27

Exports

7.41 ₹ Cr

0.0002% share

+30.69% YoY

0.48% of Sub-Ch. 7604

Imports

52.68 ₹ Cr

0.0009% share

+51.60% YoY

3.26% of Sub-Ch. 7604

FY 2023-24 Exp. Rank #6112

Balance

−34.02

Exports

7.26 ₹ Cr

0.0002% share

−2.02% YoY

0.66% of Sub-Ch. 7604

Imports

41.28 ₹ Cr

0.0007% share

−21.64% YoY

2.36% of Sub-Ch. 7604

FY 2024-25 Exp. Rank #6030

Balance

−23.71

Exports

8.14 ₹ Cr

0.0002% share

+12.12% YoY

0.79% of Sub-Ch. 7604

Imports

31.85 ₹ Cr

0.0005% share

−22.84% YoY

1.64% of Sub-Ch. 7604

CAGR · 7-Year

Exports

−23.87% /yr

Imports

−4.78% /yr

Consistently Deficit
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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 76041020 and GST compliance.

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.

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.