Consistent Export Growth: 14.41% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 7507 have grown at a compound annual rate of 14.41% over 7 fiscal years, rising from ₹113.80 Crore in FY 2018-19 to ₹255.27 Crore in FY 2024-25.
HSN Sub Chapter 7507 represents Nickel tubing & fittings under GST classification. This code helps businesses identify Nickel tubing & fittings correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7507, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Nickel tubing & fittings.
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GST Rate for Nickel tubing & fittings under HSN Code 7507. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Nickel tubing & fittings.
India’s Exports
FY 2024-25₹255 Cr
0.0069% of India’s total exports
India’s Imports
FY 2024-25₹905 Cr
0.0148% of India’s total imports
Trade Balance
FY 2024-25−₹649 Cr
Surplus rank #903 of 1233 subchapters
% of Chapter 75
FY 2024-2515.98%
Share of Chapter 75’s total exports in FY 2024-25
Import side: 8.66% of Chapter 75’s imports
Rank Within Chapter 75
FY 2024-25#3 of 8
Position by export value among subchapters in Chapter 75
Import-side rank: #4 of 8
At a glance
14.41%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#657
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+103.26%
Peak Growth Year
FY 2022-23 · strongest single-year move
15.98%
Contribution to Ch. 75
Share of Chapter 75 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−190.63
Exports
113.80 ₹ Cr
0.0050% share
— YoY
24.48% of Ch. 75
Imports
304.43 ₹ Cr
0.0085% share
— YoY
5.89% of Ch. 75
Balance
−167.06
Exports
120.34 ₹ Cr
0.0054% share
+5.75% YoY
18.42% of Ch. 75
Imports
287.40 ₹ Cr
0.0086% share
−5.59% YoY
5.18% of Ch. 75
Balance
−154.35
Exports
84.88 ₹ Cr
0.0039% share
−29.47% YoY
20.46% of Ch. 75
Imports
239.23 ₹ Cr
0.0082% share
−16.76% YoY
4.34% of Ch. 75
Balance
−162.48
Exports
114.84 ₹ Cr
0.0037% share
+35.30% YoY
12.20% of Ch. 75
Imports
277.32 ₹ Cr
0.0061% share
+15.92% YoY
3.49% of Ch. 75
Balance
−258.50
Exports
233.42 ₹ Cr
0.0064% share
+103.26% YoY
14.50% of Ch. 75
Imports
491.92 ₹ Cr
0.0086% share
+77.38% YoY
4.69% of Ch. 75
Balance
−520.40
Exports
216.45 ₹ Cr
0.0060% share
−7.27% YoY
15.84% of Ch. 75
Imports
736.85 ₹ Cr
0.0131% share
+49.79% YoY
6.64% of Ch. 75
Balance
−649.30
Exports
255.27 ₹ Cr
0.0069% share
+17.93% YoY
15.98% of Ch. 75
Imports
904.57 ₹ Cr
0.0148% share
+22.76% YoY
8.66% of Ch. 75
CAGR · 7-Year
Exports
14.41% /yr
Imports
19.90% /yr
reference, FY 2024-25
Export
₹1,597.71 Cr
Import
₹10,445.58 Cr
Trade Balance
−8,847.87
India's exports under HSN Sub-Chapter 7507 have grown at a compound annual rate of 14.41% over 7 fiscal years, rising from ₹113.80 Crore in FY 2018-19 to ₹255.27 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 7507 ranks #657 out of 1233 subchapters by total export value. Within Chapter 75, it ranks #3 of 8. By trade surplus, it ranks #903 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 7507 was recorded in FY 2022-23, when exports surged by 103.26% over the prior year.
In FY 2024-25, India's imports of ₹904.57 Cr exceeded exports of ₹255.27 Cr, resulting in a trade deficit of ₹649.30 Crore — ranking #903 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 7507 have grown at 19.90% CAGR, reaching ₹904.57 Crore in FY 2024-25.
Among the 8 subchapters under Chapter 75, HSN Sub-Chapter 7507 ranks #3 by export value — accounting for 15.98% of the chapter's total exports in FY 2024-25. On the import side, it holds 8.66% share (rank #4).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 7507 and GST compliance.
It includes Nickel tubing & fittings
Use a delivery challan for sending Nickel tubing & fittings 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.
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.
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.
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.
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.