HSN Code 76041031: Of aluminium, not alloyed : Profiles : Hollow

HSN Code 76041031 represents Of aluminium, not alloyed : Profiles : Hollow under GST classification. This code helps businesses identify Of aluminium, not alloyed : Profiles : Hollow correctly for billing, taxation, and trade. With HSN Code 76041031, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of aluminium, not alloyed : Profiles : Hollow.

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Description of Goods for HSN Code 76041031

HSN Code 76041031 relates to the following description.

Description of Goods

Of aluminium, not alloyed : Profiles : Hollow

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 76041031 not include?

Of aluminium, not alloyed : Profiles : Hollow 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 76041031 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 Cr

+148.94% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹13 Cr

+18.05% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹12 Cr

Trade Deficit

Surplus rank #9195 of 12657 HSN codes

% of Sub-Chapter 7604

FY 2024-25

0.11%

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

Import side: 0.68% of Sub-Chapter 7604’s imports

Rank Within Sub-Chapter 7604

FY 2024-25

#9 of 9

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

Import-side rank: #7 of 9

At a glance

1.03%

Export CAGR

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

#8113

National Export Rank

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

+277.32%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.11%

Contribution to Sub-Ch. 7604

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

India Export-Import Trade Statistics for HSN Code 76041031

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 #7538

Balance

−132.38

Exports

1.10 ₹ Cr

0.0000% share

— YoY

0.20% of Sub-Ch. 7604

Imports

133.48 ₹ Cr

0.0037% share

— YoY

13.35% of Sub-Ch. 7604

FY 2019-20 Exp. Rank #7118

Balance

−189.04

Exports

1.65 ₹ Cr

0.0001% share

+50.00% YoY

0.42% of Sub-Ch. 7604

Imports

190.69 ₹ Cr

0.0057% share

+42.86% YoY

18.10% of Sub-Ch. 7604

FY 2020-21 Exp. Rank #7681

Balance

−187.00

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−41.21% YoY

0.20% of Sub-Ch. 7604

Imports

187.97 ₹ Cr

0.0065% share

−1.43% YoY

19.50% of Sub-Ch. 7604

FY 2021-22 Exp. Rank #6698

Balance

−166.14

Exports

3.66 ₹ Cr

0.0001% share

+277.32% YoY

0.30% of Sub-Ch. 7604

Imports

169.80 ₹ Cr

0.0037% share

−9.67% YoY

12.03% of Sub-Ch. 7604

FY 2022-23 Exp. Rank #7852

Balance

−64.82

Exports

1.31 ₹ Cr

0.0000% share

−64.21% YoY

0.08% of Sub-Ch. 7604

Imports

66.13 ₹ Cr

0.0012% share

−61.05% YoY

4.10% of Sub-Ch. 7604

FY 2023-24 Exp. Rank #8839

Balance

−10.72

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−64.12% YoY

0.04% of Sub-Ch. 7604

Imports

11.19 ₹ Cr

0.0002% share

−83.08% YoY

0.64% of Sub-Ch. 7604

FY 2024-25 Exp. Rank #8113

Balance

−12.04

Exports

1.17 ₹ Cr

0.0000% share

+148.94% YoY

0.11% of Sub-Ch. 7604

Imports

13.21 ₹ Cr

0.0002% share

+18.05% YoY

0.68% of Sub-Ch. 7604

CAGR · 7-Year

Exports

1.03% /yr

Imports

−31.99% /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 76041031 Export-Import Analysis

Consistent Export Growth: 1.03% CAGR Over 7 Years

India's exports under HSN Code 76041031 have grown at a compound annual rate of 1.03% over 7 fiscal years, rising from ₹1.10 Crore in FY 2018-19 to ₹1.17 Crore in FY 2024-25.

HSN Code 76041031 Ranked #8113 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 76041031 ranks #8113 out of 12657 HSN codes by total export value. Within Sub-Chapter 7604, it ranks #9 of 9. By trade surplus, it ranks #9195 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 76041031 Exports

The strongest single-year export movement for HSN Code 76041031 was recorded in FY 2021-22, when exports surged by 277.32% over the prior year.

India Records a Trade Deficit of ₹12.04 Crore in HSN Code 76041031 Goods

In FY 2024-25, India's imports of ₹13.21 Cr exceeded exports of ₹1.17 Cr, resulting in a trade deficit of ₹12.04 Crore — ranking #9195 of 12657 by surplus magnitude.

Import Growth of −31.99% CAGR Signals Stable Import Dependency for Of aluminium, not alloyed : Profiles : Hollow

India's imports under HSN Code 76041031 have grown at −31.99% CAGR, reaching ₹13.21 Crore in FY 2024-25.

HSN Code 76041031 Contributes 0.11% of Sub-Chapter 7604 Exports — Ranked #9

Among the 9 HSN codes under Sub-Chapter 7604, HSN Code 76041031 ranks #9 by export value — accounting for 0.11% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.68% share (rank #7).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 76041031 and GST compliance.

What products are classified under HSN 76041031 ?

It includes Hard Drawn Bare Aluminium Conductors (Steel Reinforced)

How much GST applies to Of aluminium, not alloyed : Profiles : Hollow?

Under HSN 76041031, Of aluminium, not alloyed : Profiles : Hollow 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 : Profiles : Hollow?

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 : Profiles : Hollow?

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 Of aluminium, not alloyed : Profiles : Hollow is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of aluminium, not alloyed : Profiles : Hollow; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Of aluminium, not alloyed : Profiles : Hollow?

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

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.