Consistent Export Growth: 3.75% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 7601 have grown at a compound annual rate of 3.75% over 7 fiscal years, rising from ₹29,930.41 Crore in FY 2018-19 to ₹37,324.59 Crore in FY 2024-25.
HSN Sub Chapter 7601 represents Unwrought aluminium under GST classification. This code helps businesses identify Unwrought aluminium correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7601, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Unwrought aluminium.
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GST Rate for Unwrought aluminium under HSN Code 7601. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Unwrought aluminium.
Tariff HSN
Description
Aluminium, not alloyed : Ingots
Tariff HSN
Description
Aluminium, not alloyed : Billets
Tariff HSN
Description
Aluminium, not alloyed : Wire bars
Tariff HSN
Description
Aluminium, not alloyed : Wire rods
Tariff HSN
Description
Aluminium, not alloyed : Other
Tariff HSN
Description
Aluminium alloys : Ingots
Tariff HSN
Description
Aluminium alloys : Billets
Tariff HSN
Description
Aluminium alloys : Wire bars
Tariff HSN
Description
Aluminium alloys : Wire rods
Tariff HSN
Description
Aluminium alloys : Other
India’s Exports
FY 2024-25₹37,325 Cr
1.0078% of India’s total exports
India’s Imports
FY 2024-25₹8,926 Cr
0.1464% of India’s total imports
Trade Balance
FY 2024-25₹28,399 Cr
Surplus rank #8 of 1233 subchapters
% of Chapter 76
FY 2024-2564.64%
Share of Chapter 76’s total exports in FY 2024-25
Import side: 12.75% of Chapter 76’s imports
Rank Within Chapter 76
FY 2024-25#1 of 16
Position by export value among subchapters in Chapter 76
Import-side rank: #2 of 16
At a glance
3.75%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#13
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+96.30%
Peak Growth Year
FY 2021-22 · strongest single-year move
64.64%
Contribution to Ch. 76
Share of Chapter 76 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
+24,904.59
Exports
29,930.41 ₹ Cr
1.3040% share
— YoY
75.06% of Ch. 76
Imports
5,025.82 ₹ Cr
0.1400% share
— YoY
13.17% of Ch. 76
Balance
+22,184.73
Exports
25,897.53 ₹ Cr
1.1725% share
−13.47% YoY
71.73% of Ch. 76
Imports
3,712.80 ₹ Cr
0.1107% share
−26.13% YoY
11.94% of Ch. 76
Balance
+27,759.25
Exports
31,709.31 ₹ Cr
1.4743% share
+22.44% YoY
74.13% of Ch. 76
Imports
3,950.06 ₹ Cr
0.1356% share
+6.39% YoY
13.21% of Ch. 76
Balance
+57,677.78
Exports
62,244.40 ₹ Cr
1.9834% share
+96.30% YoY
78.62% of Ch. 76
Imports
4,566.62 ₹ Cr
0.0999% share
+15.61% YoY
10.08% of Ch. 76
Balance
+44,100.24
Exports
50,463.62 ₹ Cr
1.3938% share
−18.93% YoY
71.14% of Ch. 76
Imports
6,363.38 ₹ Cr
0.1107% share
+39.35% YoY
11.30% of Ch. 76
Balance
+33,846.23
Exports
41,474.60 ₹ Cr
1.1463% share
−17.81% YoY
65.47% of Ch. 76
Imports
7,628.37 ₹ Cr
0.1358% share
+19.88% YoY
13.42% of Ch. 76
Balance
+28,398.69
Exports
37,324.59 ₹ Cr
1.0078% share
−10.01% YoY
64.64% of Ch. 76
Imports
8,925.90 ₹ Cr
0.1464% share
+17.01% YoY
12.75% of Ch. 76
CAGR · 7-Year
Exports
3.75% /yr
Imports
10.05% /yr
reference, FY 2024-25
Export
₹57,738.35 Cr
Import
₹69,988.21 Cr
Trade Balance
−12,249.86
India's exports under HSN Sub-Chapter 7601 have grown at a compound annual rate of 3.75% over 7 fiscal years, rising from ₹29,930.41 Crore in FY 2018-19 to ₹37,324.59 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 7601 ranks #13 out of 1233 subchapters by total export value. Within Chapter 76, it ranks #1 of 16. By trade surplus, it ranks #8 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 7601 was recorded in FY 2021-22, when exports surged by 96.30% over the prior year.
In FY 2024-25, India's exports of ₹37,324.59 Cr exceeded imports of ₹8,925.90 Cr, resulting in a trade surplus of ₹28,398.69 Crore — ranking #8 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 7601 have grown at 10.05% CAGR, reaching ₹8,925.90 Crore in FY 2024-25.
Among the 16 subchapters under Chapter 76, HSN Sub-Chapter 7601 ranks #1 by export value — accounting for 64.64% of the chapter's total exports in FY 2024-25. On the import side, it holds 12.75% share (rank #2).
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 7601 and GST compliance.
It includes Unwrought aluminium
Use a delivery challan for sending Unwrought aluminium 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.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Unwrought aluminium are forward charge. Check the current notifications for any special cases before deciding.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Unwrought aluminium 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.
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.
If your outward supply of Unwrought aluminium 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.
Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.