Consistent Export Growth: 11.13% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 7604 have grown at a compound annual rate of 11.13% over 7 fiscal years, rising from ₹548.41 Crore in FY 2018-19 to ₹1,033.24 Crore in FY 2024-25.
HSN Sub Chapter 7604 represents Aluminium bars, rods under GST classification. This code helps businesses identify Aluminium bars, rods correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7604, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Aluminium bars, rods.
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GST Rate for Aluminium bars, rods under HSN Code 7604. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Aluminium bars, rods.
Tariff HSN
Description
Of aluminium, not alloyed : Wire rods
Tariff HSN
Description
Of aluminium, not alloyed : Bars and rods, other than wire rods
Tariff HSN
Description
Of aluminium, not alloyed : Profiles : Hollow
Tariff HSN
Description
Of aluminium, not alloyed : Profiles : Other
Tariff HSN
Description
Of aluminium alloys : Hollow profiles
Tariff HSN
Description
Of aluminium alloys : Other : Hard drawn bare aluminium conductors steel re-inforced (A.C.S.R.)
Tariff HSN
Description
Of aluminium alloys : Other : Wire rods
Tariff HSN
Description
Of aluminium alloys : Other : Bars and rods, other than wire rods
Tariff HSN
Description
Of aluminium alloys : Other : Other
India’s Exports
FY 2024-25₹1,033 Cr
0.0279% of India’s total exports
India’s Imports
FY 2024-25₹1,941 Cr
0.0318% of India’s total imports
Trade Balance
FY 2024-25−₹908 Cr
Surplus rank #941 of 1233 subchapters
% of Chapter 76
FY 2024-251.79%
Share of Chapter 76’s total exports in FY 2024-25
Import side: 2.77% of Chapter 76’s imports
Rank Within Chapter 76
FY 2024-25#8 of 16
Position by export value among subchapters in Chapter 76
Import-side rank: #7 of 16
At a glance
11.13%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#380
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+145.43%
Peak Growth Year
FY 2021-22 · strongest single-year move
1.79%
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
−451.22
Exports
548.41 ₹ Cr
0.0239% share
— YoY
1.38% of Ch. 76
Imports
999.63 ₹ Cr
0.0278% share
— YoY
2.62% of Ch. 76
Balance
−659.00
Exports
394.67 ₹ Cr
0.0179% share
−28.03% YoY
1.09% of Ch. 76
Imports
1,053.67 ₹ Cr
0.0314% share
+5.41% YoY
3.39% of Ch. 76
Balance
−466.72
Exports
497.24 ₹ Cr
0.0231% share
+25.99% YoY
1.16% of Ch. 76
Imports
963.96 ₹ Cr
0.0331% share
−8.51% YoY
3.22% of Ch. 76
Balance
−190.77
Exports
1,220.36 ₹ Cr
0.0389% share
+145.43% YoY
1.54% of Ch. 76
Imports
1,411.13 ₹ Cr
0.0309% share
+46.39% YoY
3.12% of Ch. 76
Balance
−70.31
Exports
1,544.08 ₹ Cr
0.0426% share
+26.53% YoY
2.18% of Ch. 76
Imports
1,614.39 ₹ Cr
0.0281% share
+14.40% YoY
2.87% of Ch. 76
Balance
−639.13
Exports
1,107.49 ₹ Cr
0.0306% share
−28.28% YoY
1.75% of Ch. 76
Imports
1,746.62 ₹ Cr
0.0311% share
+8.19% YoY
3.07% of Ch. 76
Balance
−908.14
Exports
1,033.24 ₹ Cr
0.0279% share
−6.70% YoY
1.79% of Ch. 76
Imports
1,941.38 ₹ Cr
0.0318% share
+11.15% YoY
2.77% of Ch. 76
CAGR · 7-Year
Exports
11.13% /yr
Imports
11.70% /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 7604 have grown at a compound annual rate of 11.13% over 7 fiscal years, rising from ₹548.41 Crore in FY 2018-19 to ₹1,033.24 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 7604 ranks #380 out of 1233 subchapters by total export value. Within Chapter 76, it ranks #8 of 16. By trade surplus, it ranks #941 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 7604 was recorded in FY 2021-22, when exports surged by 145.43% over the prior year.
In FY 2024-25, India's imports of ₹1,941.38 Cr exceeded exports of ₹1,033.24 Cr, resulting in a trade deficit of ₹908.14 Crore — ranking #941 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 7604 have grown at 11.70% CAGR, reaching ₹1,941.38 Crore in FY 2024-25.
Among the 16 subchapters under Chapter 76, HSN Sub-Chapter 7604 ranks #8 by export value — accounting for 1.79% of the chapter's total exports in FY 2024-25. On the import side, it holds 2.77% share (rank #7).
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 7604 and GST compliance.
It includes Aluminium bars, rods
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.
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.
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.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Aluminium bars, rods are forward charge. Check the current notifications for any special cases before deciding.
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.