HSN Code 76161000: Nails, Tacks, Staples, Screws, Bolts, Nuts, Washers, etc.

HSN Code 76161000 represents Nails, Tacks, Staples, Screws, Bolts, Nuts, Washers, etc. under GST classification. This code helps businesses identify Nails, Tacks, Staples, Screws, Bolts, Nuts, Washers, etc. correctly for billing, taxation, and trade. With HSN Code 76161000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Nails, Tacks, Staples, Screws, Bolts, Nuts, Washers, etc..

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Description of Goods for HSN Code 76161000

HSN Code 76161000 relates to the following description.

Description of Goods

Nails, tacks, staples (other than those of heading 8305), screws, bolts, nuts, screw hooks, rivets, cotters, cotter-pins, washers and similar articles

Chapter

76 - Aluminium and articles thereof

Sub Chapter

7616 - Other articles of aluminium

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 76161000 not include?

Nails, Tacks, Staples, Screws, Bolts, Nuts, Washers, etc. does not include products with the following descriptions.

India’s Trade Performance — HSN Code 76161000 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

₹53 Cr

+39.56% vs FY 2023-24

0.0015% of India’s total exports

India’s Imports

FY 2024-25

₹104 Cr

+23.79% vs FY 2023-24

0.0017% of India’s total imports

Trade Balance

FY 2024-25

−₹50 Cr

Trade Deficit

Surplus rank #10254 of 12657 HSN codes

% of Sub-Chapter 7616

FY 2024-25

1.27%

Share of Sub-Chapter 7616’s total exports in FY 2024-25

Import side: 2.18% of Sub-Chapter 7616’s imports

Rank Within Sub-Chapter 7616

FY 2024-25

#3 of 6

Position by export value among HSN codes in Sub-Chapter 7616

Import-side rank: #2 of 6

At a glance

17.25%

Export CAGR

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

#3536

National Export Rank

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

+51.53%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.27%

Contribution to Sub-Ch. 7616

Share of Sub-Chapter 7616 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 76161000

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 #4073

Balance

−25.69

Exports

20.56 ₹ Cr

0.0009% share

YoY

0.81% of Sub-Ch. 7616

Imports

46.25 ₹ Cr

0.0013% share

YoY

2.20% of Sub-Ch. 7616

FY 2019-20 Exp. Rank #4079

Balance

−35.04

Exports

20.31 ₹ Cr

0.0009% share

−1.22% YoY

0.82% of Sub-Ch. 7616

Imports

55.35 ₹ Cr

0.0017% share

+19.68% YoY

2.46% of Sub-Ch. 7616

FY 2020-21 Exp. Rank #4127

Balance

−33.20

Exports

20.90 ₹ Cr

0.0010% share

+2.91% YoY

0.84% of Sub-Ch. 7616

Imports

54.10 ₹ Cr

0.0019% share

−2.26% YoY

3.21% of Sub-Ch. 7616

FY 2021-22 Exp. Rank #3979

Balance

−15.57

Exports

31.67 ₹ Cr

0.0010% share

+51.53% YoY

0.94% of Sub-Ch. 7616

Imports

47.24 ₹ Cr

0.0010% share

−12.68% YoY

2.61% of Sub-Ch. 7616

FY 2022-23 Exp. Rank #3673

Balance

−16.63

Exports

43.23 ₹ Cr

0.0012% share

+36.50% YoY

1.24% of Sub-Ch. 7616

Imports

59.86 ₹ Cr

0.0010% share

+26.71% YoY

2.09% of Sub-Ch. 7616

FY 2023-24 Exp. Rank #3901

Balance

−45.51

Exports

38.27 ₹ Cr

0.0011% share

−11.47% YoY

0.99% of Sub-Ch. 7616

Imports

83.78 ₹ Cr

0.0015% share

+39.96% YoY

2.48% of Sub-Ch. 7616

FY 2024-25 Exp. Rank #3536

Balance

−50.30

Exports

53.41 ₹ Cr

0.0015% share

+39.56% YoY

1.27% of Sub-Ch. 7616

Imports

103.71 ₹ Cr

0.0017% share

+23.79% YoY

2.18% of Sub-Ch. 7616

CAGR · 7-Year

Exports

17.25% /yr

Imports

14.41% /yr

Consistently Deficit
Sub-Chapter 7616 total

reference, FY 2024-25

Export

₹4,192.39 Cr

Import

₹4,751.08 Cr

Trade Balance

−558.69

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

Key Trade Insights: HSN Code 76161000 Export-Import Analysis

Consistent Export Growth: 17.25% CAGR Over 7 Years

India's exports under HSN Code 76161000 have grown at a compound annual rate of 17.25% over 7 fiscal years, rising from ₹20.56 Crore in FY 2018-19 to ₹53.41 Crore in FY 2024-25.

HSN Code 76161000 Ranked #3536 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 76161000 ranks #3536 out of 12657 HSN codes by total export value. Within Sub-Chapter 7616, it ranks #3 of 6. By trade surplus, it ranks #10254 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 76161000 Exports

The strongest single-year export movement for HSN Code 76161000 was recorded in FY 2021-22, when exports surged by 51.53% over the prior year.

India Records a Trade Deficit of ₹50.30 Crore in HSN Code 76161000 Goods

In FY 2024-25, India's imports of ₹103.71 Cr exceeded exports of ₹53.41 Cr, resulting in a trade deficit of ₹50.30 Crore — ranking #10254 of 12657 by surplus magnitude.

Import Growth of 14.41% CAGR Signals Rising Demand for Nails, Tacks, Staples, Screws, Bolts, Nuts, Washers, etc.

India's imports under HSN Code 76161000 have grown at 14.41% CAGR, reaching ₹103.71 Crore in FY 2024-25.

HSN Code 76161000 Contributes 1.27% of Sub-Chapter 7616 Exports — Ranked #3

Among the 6 HSN codes under Sub-Chapter 7616, HSN Code 76161000 ranks #3 by export value — accounting for 1.27% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.18% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 76161000 and GST compliance.

What products are classified under HSN 76161000 ?

It includes Other | Other | Bobbins

Can we claim ITC on inputs used to trade Nails, Tacks, Staples, Screws, Bolts, Nuts, Washers, etc.?

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 Nails, Tacks, Staples, Screws, Bolts, Nuts, Washers, etc.?

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 Nails, Tacks, Staples, Screws, Bolts, Nuts, Washers, etc.?

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 Nails, Tacks, Staples, Screws, Bolts, Nuts, Washers, etc.?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

How much GST applies to Nails, Tacks, Staples, Screws, Bolts, Nuts, Washers, etc.?

Under HSN 76161000, Nails, Tacks, Staples, Screws, Bolts, Nuts, Washers, etc. attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Nails, Tacks, Staples, Screws, Bolts, Nuts, Washers, etc. is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Nails, Tacks, Staples, Screws, Bolts, Nuts, Washers, etc.; Nil for exempt items if applicable).

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.