HSN Code 76042920: Of Aluminium Alloys | Other

HSN Code 76042920 represents Of Aluminium Alloys | Other under GST classification. This code helps businesses identify Of Aluminium Alloys | Other 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 Of Aluminium Alloys | Other.

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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?

Of Aluminium Alloys | Other 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 76042920 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

₹10 Cr

+1,426.15% vs FY 2023-24

0.0003% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−53.66% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹10 Cr

Trade Surplus

Surplus rank #3327 of 12657 HSN codes

% of Sub-Chapter 7604

FY 2024-25

0.96%

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

Import side: 0.01% of Sub-Chapter 7604’s imports

Rank Within Sub-Chapter 7604

FY 2024-25

#7 of 9

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

Import-side rank: #9 of 9

At a glance

16.01%

Export CAGR

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

#5791

National Export Rank

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

+1,426.15%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.96%

Contribution to Sub-Ch. 7604

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

India Export-Import Trade Statistics for HSN Code 76042920

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 #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

CAGR · 7-Year

Exports

16.01% /yr

Imports

−34.61% /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 76042920 Export-Import Analysis

Consistent Export Growth: 16.01% CAGR Over 7 Years

India's exports under HSN Code 76042920 have grown at a compound annual rate of 16.01% over 7 fiscal years, rising from ₹4.07 Crore in FY 2018-19 to ₹9.92 Crore in FY 2024-25.

HSN Code 76042920 Ranked #5791 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 76042920 ranks #5791 out of 12657 HSN codes by total export value. Within Sub-Chapter 7604, it ranks #7 of 9. By trade surplus, it ranks #3327 of 12657.

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 ₹9.73 Crore in HSN Code 76042920 Goods

In FY 2024-25, India's exports of ₹9.92 Cr exceeded imports of ₹0.19 Cr, resulting in a trade surplus of ₹9.73 Crore — ranking #3327 of 12657 by surplus magnitude.

Import Growth of −34.61% CAGR Signals Stable Import Dependency for Of Aluminium Alloys | Other

India's imports under HSN Code 76042920 have grown at −34.61% CAGR, reaching ₹0.19 Crore in FY 2024-25.

HSN Code 76042920 Contributes 0.96% of Sub-Chapter 7604 Exports — Ranked #7

Among the 9 HSN codes under Sub-Chapter 7604, HSN Code 76042920 ranks #7 by export value — accounting for 0.96% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #9).

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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.

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.