HSN Code 76042930: Aluminium alloy bars and rods
HSN Code 76042930 represents Aluminium alloy bars and rods under GST classification. This code helps businesses identify Aluminium alloy bars and rods correctly for billing, taxation, and trade. With HSN Code 76042930, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Aluminium alloy bars and rods.
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Description of Goods for HSN Code 76042930
HSN Code 76042930 relates to the following description.
What does HSN Code 76042930 not include?
Aluminium alloy bars and rods does not include products with the following descriptions.
Of aluminium, not alloyed : Wire rods
Of aluminium, not alloyed : Bars and rods, other than wire rods
Of aluminium, not alloyed : Profiles : Hollow
Of aluminium, not alloyed : Profiles : Other
Of aluminium alloys : Hollow profiles
Of aluminium alloys : Other : Hard drawn bare aluminium conductors steel re-inforced (A.C.S.R.)
Of aluminium alloys : Other : Wire rods
Of aluminium alloys : Other : Other
Of aluminium, not alloyed : Wire rods
Of aluminium, not alloyed : Bars and rods, other than wire rods
Of aluminium, not alloyed : Profiles : Hollow
Of aluminium, not alloyed : Profiles : Other
Of aluminium alloys : Hollow profiles
Of aluminium alloys : Other : Hard drawn bare aluminium conductors steel re-inforced (A.C.S.R.)
Of aluminium alloys : Other : Wire rods
Of aluminium alloys : Other : Other
India’s Trade Performance — HSN Code 76042930 in FY 2024-25
India’s Exports
FY 2024-25₹226 Cr
0.0061% of India’s total exports
India’s Imports
FY 2024-25₹109 Cr
0.0018% of India’s total imports
Trade Balance
FY 2024-25₹117 Cr
Surplus rank #1497 of 12657 HSN codes
% of Sub-Chapter 7604
FY 2024-2521.90%
Share of Sub-Chapter 7604’s total exports in FY 2024-25
Import side: 5.63% of Sub-Chapter 7604’s imports
Rank Within Sub-Chapter 7604
FY 2024-25#3 of 9
Position by export value among HSN codes in Sub-Chapter 7604
Import-side rank: #4 of 9
At a glance
9.43%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1711
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+314.83%
Peak Growth Year
FY 2021-22 · strongest single-year move
21.90%
Contribution to Sub-Ch. 7604
Share of Sub-Chapter 7604 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 76042930
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+76.45
Exports
131.75 ₹ Cr
0.0058% share
— YoY
24.02% of Sub-Ch. 7604
Imports
55.30 ₹ Cr
0.0015% share
— YoY
5.53% of Sub-Ch. 7604
Balance
+19.54
Exports
81.48 ₹ Cr
0.0037% share
−38.16% YoY
20.65% of Sub-Ch. 7604
Imports
61.94 ₹ Cr
0.0019% share
+12.01% YoY
5.88% of Sub-Ch. 7604
Balance
+61.33
Exports
112.81 ₹ Cr
0.0052% share
+38.45% YoY
22.69% of Sub-Ch. 7604
Imports
51.48 ₹ Cr
0.0018% share
−16.89% YoY
5.34% of Sub-Ch. 7604
Balance
+407.52
Exports
467.97 ₹ Cr
0.0149% share
+314.83% YoY
38.35% of Sub-Ch. 7604
Imports
60.45 ₹ Cr
0.0013% share
+17.42% YoY
4.28% of Sub-Ch. 7604
Balance
+331.62
Exports
435.29 ₹ Cr
0.0120% share
−6.98% YoY
28.19% of Sub-Ch. 7604
Imports
103.67 ₹ Cr
0.0018% share
+71.50% YoY
6.42% of Sub-Ch. 7604
Balance
+129.19
Exports
229.05 ₹ Cr
0.0063% share
−47.38% YoY
20.68% of Sub-Ch. 7604
Imports
99.86 ₹ Cr
0.0018% share
−3.68% YoY
5.72% of Sub-Ch. 7604
Balance
+117.05
Exports
226.26 ₹ Cr
0.0061% share
−1.22% YoY
21.90% of Sub-Ch. 7604
Imports
109.21 ₹ Cr
0.0018% share
+9.36% YoY
5.63% of Sub-Ch. 7604
CAGR · 7-Year
Exports
9.43% /yr
Imports
12.01% /yr
reference, FY 2024-25
Export
₹1,033.24 Cr
Import
₹1,941.38 Cr
Trade Balance
−908.14
Key Trade Insights: HSN Code 76042930 Export-Import Analysis
Consistent Export Growth: 9.43% CAGR Over 7 Years
India's exports under HSN Code 76042930 have grown at a compound annual rate of 9.43% over 7 fiscal years, rising from ₹131.75 Crore in FY 2018-19 to ₹226.26 Crore in FY 2024-25.
HSN Code 76042930 Ranked #1711 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 76042930 ranks #1711 out of 12657 HSN codes by total export value. Within Sub-Chapter 7604, it ranks #3 of 9. By trade surplus, it ranks #1497 of 12657.
FY 2021-22 Was the Strongest Growth Year for HSN Code 76042930 Exports
The strongest single-year export movement for HSN Code 76042930 was recorded in FY 2021-22, when exports surged by 314.83% over the prior year.
India Maintains a Trade Surplus of ₹117.05 Crore in HSN Code 76042930 Goods
In FY 2024-25, India's exports of ₹226.26 Cr exceeded imports of ₹109.21 Cr, resulting in a trade surplus of ₹117.05 Crore — ranking #1497 of 12657 by surplus magnitude.
Import Growth of 12.01% CAGR Signals Rising Demand for Aluminium alloy bars and rods
India's imports under HSN Code 76042930 have grown at 12.01% CAGR, reaching ₹109.21 Crore in FY 2024-25.
HSN Code 76042930 Contributes 21.90% of Sub-Chapter 7604 Exports — Ranked #3
Among the 9 HSN codes under Sub-Chapter 7604, HSN Code 76042930 ranks #3 by export value — accounting for 21.90% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.63% share (rank #4).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 76042930 and GST compliance.
What products are classified under HSN 76042930 ?
It includes Frozen Bovine Livers
Any common misclassification issue with Aluminium alloy bars and rods?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Can we claim ITC on inputs used to trade Aluminium alloy bars and rods?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Do e‑way bill and e‑invoice apply for Aluminium alloy bars and 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.
How much GST applies to Aluminium alloy bars and rods?
Under HSN 76042930, Aluminium alloy bars and rods attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Does packaging or labelling change the GST for Aluminium alloy bars and 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.