7502 HSN Code: Unwrought nickel

HSN Sub Chapter 7502 represents Unwrought nickel under GST classification. This code helps businesses identify Unwrought nickel correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7502, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Unwrought nickel.

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New GST Rate for HSN Code 7502

GST Rate for Unwrought nickel under HSN Code 7502. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

75

HSN Code

7502

HSN Description

Unwrought nickel

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 7502

Following tariff HSN codes fall under Unwrought nickel.

Tariff HSN

75021000

Description

Nickel, not alloyed

Tariff HSN

75022010

Description

Nickel alloys : Cupro-nickel containing more than 40% by weight of nickel

Tariff HSN

75022020

Description

Nickel alloys : Monel metal including ‘K’ monel

Tariff HSN

75022030

Description

Nickel alloys : Nickel alloys containing more than 40% by weight of nickel

Tariff HSN

75022040

Description

Nickel alloys : Nickel alloys containing more than 10 % but not more than 40 % by weight of nickel

Tariff HSN

75022090

Description

Nickel alloys : Other

India’s Trade Performance — HSN Sub-Chapter 7502 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

₹158 Cr

+91.10% vs FY 2023-24

0.0043% of India’s total exports

India’s Imports

FY 2024-25

₹4,937 Cr

−14.28% vs FY 2023-24

0.0810% of India’s total imports

Trade Balance

FY 2024-25

−₹4,779 Cr

Trade Deficit

Surplus rank #1110 of 1233 subchapters

% of Chapter 75

FY 2024-25

9.91%

Share of Chapter 75’s total exports in FY 2024-25

Import side: 47.27% of Chapter 75’s imports

Rank Within Chapter 75

FY 2024-25

#5 of 8

Position by export value among subchapters in Chapter 75

Import-side rank: #1 of 8

At a glance

29.26%

Export CAGR

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

#749

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+4,709.48%

Peak Growth Year

FY 2021-22 · strongest single-year move

9.91%

Contribution to Ch. 75

Share of Chapter 75 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 7502

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 #884

Balance

−3,619.98

Exports

33.96 ₹ Cr

0.0015% share

— YoY

7.31% of Ch. 75

Imports

3,653.94 ₹ Cr

0.1018% share

— YoY

70.70% of Ch. 75

FY 2019-20 Exp. Rank #1055

Balance

−3,395.95

Exports

4.15 ₹ Cr

0.0002% share

−87.78% YoY

0.64% of Ch. 75

Imports

3,400.10 ₹ Cr

0.1014% share

−6.95% YoY

61.27% of Ch. 75

FY 2020-21 Exp. Rank #1044

Balance

−3,216.26

Exports

5.17 ₹ Cr

0.0002% share

+24.58% YoY

1.25% of Ch. 75

Imports

3,221.43 ₹ Cr

0.1106% share

−5.25% YoY

58.44% of Ch. 75

FY 2021-22 Exp. Rank #624

Balance

−5,283.70

Exports

248.65 ₹ Cr

0.0079% share

+4,709.48% YoY

26.42% of Ch. 75

Imports

5,532.35 ₹ Cr

0.1210% share

+71.74% YoY

69.65% of Ch. 75

FY 2022-23 Exp. Rank #499

Balance

−6,025.28

Exports

524.06 ₹ Cr

0.0145% share

+110.76% YoY

32.55% of Ch. 75

Imports

6,549.34 ₹ Cr

0.1139% share

+18.38% YoY

62.42% of Ch. 75

FY 2023-24 Exp. Rank #832

Balance

−5,676.87

Exports

82.88 ₹ Cr

0.0023% share

−84.19% YoY

6.06% of Ch. 75

Imports

5,759.75 ₹ Cr

0.1026% share

−12.06% YoY

51.88% of Ch. 75

FY 2024-25 Exp. Rank #749

Balance

−4,778.89

Exports

158.38 ₹ Cr

0.0043% share

+91.10% YoY

9.91% of Ch. 75

Imports

4,937.27 ₹ Cr

0.0810% share

−14.28% YoY

47.27% of Ch. 75

CAGR · 7-Year

Exports

29.26% /yr

Imports

5.14% /yr

Consistently Deficit
Chapter 75 total

reference, FY 2024-25

Export

₹1,597.71 Cr

Import

₹10,445.58 Cr

Trade Balance

−8,847.87

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

Key Trade Insights: HSN Sub-Chapter 7502 Export-Import Analysis

Consistent Export Growth: 29.26% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 7502 have grown at a compound annual rate of 29.26% over 7 fiscal years, rising from ₹33.96 Crore in FY 2018-19 to ₹158.38 Crore in FY 2024-25.

HSN Sub-Chapter 7502 Ranked #749 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 7502 ranks #749 out of 1233 subchapters by total export value. Within Chapter 75, it ranks #5 of 8. By trade surplus, it ranks #1110 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 7502 Exports

The strongest single-year export movement for HSN Sub-Chapter 7502 was recorded in FY 2021-22, when exports surged by 4,709.48% over the prior year.

India Records a Trade Deficit of ₹4,778.89 Crore in HSN Sub-Chapter 7502 Goods

In FY 2024-25, India's imports of ₹4,937.27 Cr exceeded exports of ₹158.38 Cr, resulting in a trade deficit of ₹4,778.89 Crore — ranking #1110 of 1233 by surplus magnitude.

Import Growth of 5.14% CAGR Signals Stable Import Dependency for Unwrought nickel

India's imports under HSN Sub-Chapter 7502 have grown at 5.14% CAGR, reaching ₹4,937.27 Crore in FY 2024-25.

HSN Sub-Chapter 7502 Contributes 9.91% of Chapter 75 Exports — Ranked #5

Among the 8 subchapters under Chapter 75, HSN Sub-Chapter 7502 ranks #5 by export value — accounting for 9.91% of the chapter's total exports in FY 2024-25. On the import side, it holds 47.27% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 7502 and GST compliance.

What products are classified under HSN 7502

It includes Unwrought nickel

How do I bill a kit or combo that includes Unwrought nickel?

Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.

Does packaging or branding change how GST applies to Unwrought nickel?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Unwrought nickel is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.

Is the composition scheme suitable if I mainly trade Unwrought nickel?

The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.

How are warranty replacements of Unwrought nickel handled?

If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.

What misclassification mistakes happen with Unwrought nickel?

Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.

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.

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