--- title: "7505 HSN Code | HSN Code for Nickel bars, rods, profiles, wire in India" description: "Know more about 7505 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 7505 covering Nickel bars, rods, profiles, wire." canonical: "https://busy.in/hsn/sub-chapter-7505/" --- # HSN Sub-chapter 7505: Nickel bars, rods, profiles, wire Nickel bars, rods, profiles and wire Part of [Chapter 75: Nickel & Similar Articles](https://busy.in/hsn/chapter-75/). - Current GST rate: 18% - Earlier GST rate: 18% ## HSN codes | Code | Title | | --- | --- | | 75051110 | [Hollow bars of non-alloyed nickel](https://busy.in/hsn/hsn-75051110/) | | 75051120 | [Nickel Bars and Rods](https://busy.in/hsn/hsn-75051120/) | | 75051210 | [Nickel alloy hollow bars](https://busy.in/hsn/hsn-75051210/) | | 75051220 | [Nickel Alloy Bars, Rods & Profiles](https://busy.in/hsn/hsn-75051220/) | | 75052100 | [Wire \| Of Nickel, Not Alloyed](https://busy.in/hsn/hsn-75052100/) | | 75052200 | [Wire \| Of Nickel Alloys](https://busy.in/hsn/hsn-75052200/) | ## Frequently asked questions ### What products are classified under HSN 7505 It includes Nickel bars, rods, profiles, wire ### What misclassification mistakes happen with Nickel bars, rods, profiles, wire? 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. ### Any special steps when selling Nickel bars, rods, profiles, wire through an e‑commerce platform? Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns. ### How should I document Nickel bars, rods, profiles, wire sent for job work? Use a delivery challan for sending Nickel bars, rods, profiles, wire to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN. ### Does MRP, weight or pack size change GST treatment for Nickel bars, rods, profiles, wire? Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN. ### Can I claim ITC on inputs and services used for Nickel bars, rods, profiles, wire? If your outward supply of Nickel bars, rods, profiles, wire is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43. ## India's trade performance: HSN Sub-Chapter 7505 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹541 Cr (+1.94% YoY) — 0.0146% of India's total exports - Imports: ₹1,959 Cr (+2.08% YoY) — 0.0321% of India's total imports - Trade balance: −₹1,418 Cr (Deficit); surplus rank #994 of 1233 sub-chapters - Share of Chapter 75: 33.83% of its exports; import side 18.75% - Rank within Chapter 75: #1 of 8 by export value; import-side #2 ### Key metrics - Export CAGR: 22.03% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #516 of 1233 sub-chapters by export value (FY 2024-25) - Peak growth year: +85.43% in FY 2021-22 - Contribution to Ch. 75: 33.83% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Sub-Chapter 7505 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Ch. 75 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Ch. 75 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 163.65 | 0.0071% | — | 35.20% | 563.92 | 0.0157% | — | 10.91% | −400.27 | #632 | | FY 2019-20 | 166.82 | 0.0076% | +1.94% | 25.54% | 704.55 | 0.0210% | +24.94% | 12.70% | −537.73 | #628 | | FY 2020-21 | 183.04 | 0.0085% | +9.72% | 44.12% | 647.78 | 0.0222% | −8.06% | 11.75% | −464.74 | #619 | | FY 2021-22 | 339.41 | 0.0108% | +85.43% | 36.07% | 807.24 | 0.0177% | +24.62% | 10.16% | −467.83 | #565 | | FY 2022-23 | 428.53 | 0.0118% | +26.26% | 26.62% | 1,295.28 | 0.0225% | +60.46% | 12.34% | −866.75 | #545 | | FY 2023-24 | 530.23 | 0.0147% | +23.73% | 38.79% | 1,918.66 | 0.0342% | +48.13% | 17.28% | −1,388.43 | #502 | | FY 2024-25 | 540.53 | 0.0146% | +1.94% | 33.83% | 1,958.51 | 0.0321% | +2.08% | 18.75% | −1,417.98 | #516 | - CAGR (7-year): exports 22.03%/yr, imports 23.06%/yr (consistently Deficit) ## Key trade insights: HSN Sub-Chapter 7505 export-import analysis ### Consistent export growth: 22.03% CAGR over 7 years India's exports under HSN Sub-Chapter 7505 have grown at a compound annual rate of 22.03% over 7 fiscal years, rising from ₹163.65 Crore in FY 2018-19 to ₹540.53 Crore in FY 2024-25. ### HSN Sub-Chapter 7505 ranked #516 among all 1233 sub-chapters by export value In FY 2024-25, HSN Sub-Chapter 7505 ranks #516 out of 1233 sub-chapters by total export value. Within Chapter 75, it ranks #1 of 8. By trade surplus, it ranks #994 of 1233. ### FY 2021-22 was the strongest growth year for HSN Sub-Chapter 7505 exports The strongest single-year export movement for HSN Sub-Chapter 7505 was recorded in FY 2021-22, when exports surged by 85.43% over the prior year. ### India records a trade deficit of ₹1,417.98 Crore in HSN Sub-Chapter 7505 goods In FY 2024-25, India's imports of ₹1,958.51 Cr exceeded exports of ₹540.53 Cr, resulting in a trade deficit of ₹1,417.98 Crore — ranking #994 of 1233 by surplus magnitude. ### Import growth of 23.06% CAGR signals rising demand for Nickel bars, rods, profiles, wire India's imports under HSN Sub-Chapter 7505 have grown at 23.06% CAGR, reaching ₹1,958.51 Crore in FY 2024-25. ### HSN Sub-Chapter 7505 contributes 33.83% of Chapter 75 exports — ranked #1 Among the 8 sub-chapters under Chapter 75, HSN Sub-Chapter 7505 ranks #1 by export value — accounting for 33.83% of the chapter's total exports in FY 2024-25. On the import side, it holds 18.75% share (rank #2). ## Related Sub-Chapters in Chapter 75 Ranked by export value (FY 2024-25). | Rank | HSN Sub-Chapter | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Sub-Chapter 7505: Nickel bars, rods, profiles, wire (this hsn sub-chapter) | ₹541 Cr | | #2 | [HSN Sub-Chapter 7503: Nickel waste & scrap](https://busy.in/hsn/sub-chapter-7503/) | ₹303 Cr | | #3 | [HSN Sub-Chapter 7507: Nickel tubing & fittings](https://busy.in/hsn/sub-chapter-7507/) | ₹255 Cr | | #4 | [HSN Sub-Chapter 7508: Other nickel articles](https://busy.in/hsn/sub-chapter-7508/) | ₹172 Cr | | #5 | [HSN Sub-Chapter 7502: Unwrought nickel](https://busy.in/hsn/sub-chapter-7502/) | ₹158 Cr | | #6 | [HSN Sub-Chapter 7504: Nickel powders & flakes](https://busy.in/hsn/sub-chapter-7504/) | ₹117 Cr | | #7 | [HSN Sub-Chapter 7506: Nickel plates, sheets, strip, & foil](https://busy.in/hsn/sub-chapter-7506/) | ₹50 Cr | | #8 | [HSN Sub-Chapter 7501: Nickel metallurgy products](https://busy.in/hsn/sub-chapter-7501/) | ₹2 Cr | ## Other sub-chapters | Code | Title | | --- | --- | | 7501 | [Nickel metallurgy products](https://busy.in/hsn/sub-chapter-7501/) | | 7502 | [Unwrought nickel](https://busy.in/hsn/sub-chapter-7502/) | | 7503 | [Nickel waste & scrap](https://busy.in/hsn/sub-chapter-7503/) | | 7504 | [Nickel powders & flakes](https://busy.in/hsn/sub-chapter-7504/) | | 7506 | [Nickel plates, sheets, strip, & foil](https://busy.in/hsn/sub-chapter-7506/) | | 7507 | [Nickel tubing & fittings](https://busy.in/hsn/sub-chapter-7507/) | | 7508 | [Other nickel articles](https://busy.in/hsn/sub-chapter-7508/) |