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HSN Code 76042920: Aluminium Alloy Wire Rods

HSN Code 76042920 represents Aluminium Alloy Wire Rods under GST classification. This code helps businesses identify Aluminium Alloy Wire Rods correctly for billing, taxation, and trade. With HSN Code 76042920, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Aluminium Alloy Wire Rods.

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Description of Goods for HSN Code 76042920

HSN Code 76042920 relates to the following description.

Description of Goods

Of aluminium alloys : Other : 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 76042920 not include?

Aluminium Alloy 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.)

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India’s Trade Performance — HSN Code 76042920 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹1 Cr

−87.20% vs FY 2024-25

0.0000% of India’s total exports

India’s Imports

FY 2025-26

< ₹1 Crore

+173.68% vs FY 2024-25

0.0000% of India’s total imports

Trade Balance

FY 2025-26

< ₹1 Crore

Trade Surplus

Surplus rank #4731 of 12872 HSN codes

% of Sub-Chapter 7604

FY 2025-26

0.12%

Share of Sub-Chapter 7604’s total exports in FY 2025-26

Import side: 0.03% of Sub-Chapter 7604’s imports

Rank Within Sub-Chapter 7604

FY 2025-26

#8 of 9

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

Import-side rank: #9 of 9

At a glance

−15.33%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#8199

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+1,426.15%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.12%

Contribution to Sub-Ch. 7604

Share of Sub-Chapter 7604 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 76042920

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #6119

Balance

+1.64

Exports

4.07 ₹ Cr

0.0002% share

— YoY

0.74% of Sub-Ch. 7604

Imports

2.43 ₹ Cr

0.0001% share

— YoY

0.24% of Sub-Ch. 7604

FY 2019-20 Exp. Rank #7188

Balance

−2.84

Exports

1.56 ₹ Cr

0.0001% share

−61.67% YoY

0.40% of Sub-Ch. 7604

Imports

4.40 ₹ Cr

0.0001% share

+81.07% YoY

0.42% of Sub-Ch. 7604

FY 2020-21 Exp. Rank #7398

Balance

−0.34

Exports

1.33 ₹ Cr

0.0001% share

−14.74% YoY

0.27% of Sub-Ch. 7604

Imports

1.67 ₹ Cr

0.0001% share

−62.05% YoY

0.17% of Sub-Ch. 7604

FY 2021-22 Exp. Rank #8515

Balance

−0.30

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−59.40% YoY

0.04% of Sub-Ch. 7604

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−49.70% YoY

0.06% of Sub-Ch. 7604

FY 2022-23 Exp. Rank #8243

Balance

−0.46

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+57.41% YoY

0.06% of Sub-Ch. 7604

Imports

1.31 ₹ Cr

0.0000% share

+55.95% YoY

0.08% of Sub-Ch. 7604

FY 2023-24 Exp. Rank #8592

Balance

+0.24

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−23.53% YoY

0.06% of Sub-Ch. 7604

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−68.70% YoY

0.02% of Sub-Ch. 7604

FY 2024-25 Exp. Rank #5791

Balance

+9.73

Exports

9.92 ₹ Cr

0.0003% share

+1,426.15% YoY

0.96% of Sub-Ch. 7604

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−53.66% YoY

0.01% of Sub-Ch. 7604

FY 2025-26 Exp. Rank #8199

Balance

+0.75

Exports

1.27 ₹ Cr

0.0000% share

−87.20% YoY

0.12% of Sub-Ch. 7604

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+173.68% YoY

0.03% of Sub-Ch. 7604

CAGR · 8-Year

Exports

−15.33% /yr

Imports

−19.77% /yr

Consistently Surplus
Sub-Chapter 7604 total

reference, FY 2025-26

Export

₹1,057.64 Cr

Import

₹1,735.84 Cr

Trade Balance

−678.20

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

Key Trade Insights: HSN Code 76042920 Export-Import Analysis

Export Decline: −15.33% CAGR Over 8 Years

India's exports under HSN Code 76042920 have declined at a compound annual rate of −15.33% over 8 fiscal years, falling from ₹4.07 Crore in FY 2018-19 to ₹1.27 Crore in FY 2025-26.

HSN Code 76042920 Ranked #8199 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 76042920 ranks #8199 out of 12872 HSN codes by total export value. Within Sub-Chapter 7604, it ranks #8 of 9. By trade surplus, it ranks #4731 of 12872.

FY 2024-25 Was the Strongest Growth Year for HSN Code 76042920 Exports

The strongest single-year export movement for HSN Code 76042920 was recorded in FY 2024-25, when exports surged by 1,426.15% over the prior year.

India Maintains a Trade Surplus of ₹0.75 Crore in HSN Code 76042920 Goods

In FY 2025-26, India's exports of ₹1.27 Cr exceeded imports of ₹0.52 Cr, resulting in a trade surplus of ₹0.75 Crore — ranking #4731 of 12872 by surplus magnitude.

Import Growth of −19.77% CAGR Signals Stable Import Dependency for Aluminium Alloy Wire Rods

India's imports under HSN Code 76042920 have grown at −19.77% CAGR, reaching ₹0.52 Crore in FY 2025-26.

HSN Code 76042920 Contributes 0.12% of Sub-Chapter 7604 Exports — Ranked #8

Among the 9 HSN codes under Sub-Chapter 7604, HSN Code 76042920 ranks #8 by export value — accounting for 0.12% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.03% share (rank #9).

Frequently Asked Questions

Clear answers to common queries about HSN Code 76042920 and GST compliance.

What products are classified under HSN 76042920 ?

It includes Unalloyed Aluminium (>7mm Cross-Section)

Do e‑way bill and e‑invoice apply for Of Aluminium Alloys / Other?

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 Alloys / Other?

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 Of Aluminium Alloys / Other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of Aluminium Alloys / Other; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Of Aluminium Alloys / Other?

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 much GST applies to Of Aluminium Alloys / Other?

Under HSN 76042920, Of Aluminium Alloys / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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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.