Consistent Export Growth: 15.57% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 7603 have grown at a compound annual rate of 15.57% over 7 fiscal years, rising from ₹91.70 Crore in FY 2018-19 to ₹218.50 Crore in FY 2024-25.
HSN Sub Chapter 7603 represents Aluminium powders & flakes under GST classification. This code helps businesses identify Aluminium powders & flakes correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7603, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Aluminium powders & flakes.
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GST Rate for Aluminium powders & flakes under HSN Code 7603. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Aluminium powders & flakes.
India’s Exports
FY 2024-25₹219 Cr
0.0059% of India’s total exports
India’s Imports
FY 2024-25₹101 Cr
0.0017% of India’s total imports
Trade Balance
FY 2024-25₹117 Cr
Surplus rank #374 of 1233 subchapters
% of Chapter 76
FY 2024-250.38%
Share of Chapter 76’s total exports in FY 2024-25
Import side: 0.14% of Chapter 76’s imports
Rank Within Chapter 76
FY 2024-25#13 of 16
Position by export value among subchapters in Chapter 76
Import-side rank: #14 of 16
At a glance
15.57%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#686
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+61.56%
Peak Growth Year
FY 2024-25 · strongest single-year move
0.38%
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
+6.99
Exports
91.70 ₹ Cr
0.0040% share
— YoY
0.23% of Ch. 76
Imports
84.71 ₹ Cr
0.0024% share
— YoY
0.22% of Ch. 76
Balance
+3.56
Exports
88.47 ₹ Cr
0.0040% share
−3.52% YoY
0.25% of Ch. 76
Imports
84.91 ₹ Cr
0.0025% share
+0.24% YoY
0.27% of Ch. 76
Balance
+19.58
Exports
82.11 ₹ Cr
0.0038% share
−7.19% YoY
0.19% of Ch. 76
Imports
62.53 ₹ Cr
0.0021% share
−26.36% YoY
0.21% of Ch. 76
Balance
+57.77
Exports
127.34 ₹ Cr
0.0041% share
+55.08% YoY
0.16% of Ch. 76
Imports
69.57 ₹ Cr
0.0015% share
+11.26% YoY
0.15% of Ch. 76
Balance
+53.04
Exports
136.23 ₹ Cr
0.0038% share
+6.98% YoY
0.19% of Ch. 76
Imports
83.19 ₹ Cr
0.0014% share
+19.58% YoY
0.15% of Ch. 76
Balance
+50.44
Exports
135.24 ₹ Cr
0.0037% share
−0.73% YoY
0.21% of Ch. 76
Imports
84.80 ₹ Cr
0.0015% share
+1.94% YoY
0.15% of Ch. 76
Balance
+117.44
Exports
218.50 ₹ Cr
0.0059% share
+61.56% YoY
0.38% of Ch. 76
Imports
101.06 ₹ Cr
0.0017% share
+19.17% YoY
0.14% of Ch. 76
CAGR · 7-Year
Exports
15.57% /yr
Imports
2.99% /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 7603 have grown at a compound annual rate of 15.57% over 7 fiscal years, rising from ₹91.70 Crore in FY 2018-19 to ₹218.50 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 7603 ranks #686 out of 1233 subchapters by total export value. Within Chapter 76, it ranks #13 of 16. By trade surplus, it ranks #374 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 7603 was recorded in FY 2024-25, when exports surged by 61.56% over the prior year.
In FY 2024-25, India's exports of ₹218.50 Cr exceeded imports of ₹101.06 Cr, resulting in a trade surplus of ₹117.44 Crore — ranking #374 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 7603 have grown at 2.99% CAGR, reaching ₹101.06 Crore in FY 2024-25.
Among the 16 subchapters under Chapter 76, HSN Sub-Chapter 7603 ranks #13 by export value — accounting for 0.38% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.14% share (rank #14).
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 7603 and GST compliance.
It includes Aluminium powders & flakes
Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Aluminium powders & flakes are forward charge. Check the current notifications for any special cases before deciding.
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.
If your outward supply of Aluminium powders & flakes 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.