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.
What does HSN Code 76161000 not include?
Nails, Tacks, Staples, Screws, Bolts, Nuts, Washers, etc. does not include products with the following descriptions.
Other : Cloth, grill, netting and fencing, of aluminium wire
Other : Other : Expanded metal of aluminium and aluminium alloys
Other : Other : Chains
Other : Other : Bobbins
Other : Other : Other
India’s Trade Performance — HSN Code 76161000 in FY 2024-25
India’s Exports
FY 2024-25₹53 Cr
0.0015% of India’s total exports
India’s Imports
FY 2024-25₹104 Cr
0.0017% of India’s total imports
Trade Balance
FY 2024-25−₹50 Cr
Surplus rank #10254 of 12657 HSN codes
% of Sub-Chapter 7616
FY 2024-251.27%
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.
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
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
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
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
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
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
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
reference, FY 2024-25
Export
₹4,192.39 Cr
Import
₹4,751.08 Cr
Trade Balance
−558.69
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).