Consistent Export Growth: 8.75% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 7616 have grown at a compound annual rate of 8.75% over 7 fiscal years, rising from ₹2,535.00 Crore in FY 2018-19 to ₹4,192.39 Crore in FY 2024-25.
HSN Sub Chapter 7616 represents Other Aluminium Items under GST classification. This code helps businesses identify Other Aluminium Items correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7616, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Other Aluminium Items.
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GST Rate for Other Aluminium Items under HSN Code 7616. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Other Aluminium Items.
Tariff HSN
Description
Nails, tacks, staples (other than those of heading 8305), screws, bolts, nuts, screw hooks, rivets, cotters, cotter-pins, washers and similar articles
Tariff HSN
Description
Other : Cloth, grill, netting and fencing, of aluminium wire
Tariff HSN
Description
Other : Other : Expanded metal of aluminium and aluminium alloys
Tariff HSN
Description
Other : Other : Chains
Tariff HSN
Description
Other : Other : Bobbins
Tariff HSN
Description
Other : Other : Other
India’s Exports
FY 2024-25₹4,192 Cr
0.1132% of India’s total exports
India’s Imports
FY 2024-25₹4,751 Cr
0.0779% of India’s total imports
Trade Balance
FY 2024-25−₹559 Cr
Surplus rank #881 of 1233 subchapters
% of Chapter 76
FY 2024-257.26%
Share of Chapter 76’s total exports in FY 2024-25
Import side: 6.79% of Chapter 76’s imports
Rank Within Chapter 76
FY 2024-25#2 of 16
Position by export value among subchapters in Chapter 76
Import-side rank: #5 of 16
At a glance
8.75%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#148
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+35.00%
Peak Growth Year
FY 2021-22 · strongest single-year move
7.26%
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
+434.12
Exports
2,535.00 ₹ Cr
0.1104% share
— YoY
6.36% of Ch. 76
Imports
2,100.88 ₹ Cr
0.0585% share
— YoY
5.50% of Ch. 76
Balance
+220.52
Exports
2,473.54 ₹ Cr
0.1120% share
−2.42% YoY
6.85% of Ch. 76
Imports
2,253.02 ₹ Cr
0.0672% share
+7.24% YoY
7.25% of Ch. 76
Balance
+802.75
Exports
2,488.00 ₹ Cr
0.1157% share
+0.58% YoY
5.82% of Ch. 76
Imports
1,685.25 ₹ Cr
0.0578% share
−25.20% YoY
5.63% of Ch. 76
Balance
+1,547.45
Exports
3,358.84 ₹ Cr
0.1070% share
+35.00% YoY
4.24% of Ch. 76
Imports
1,811.39 ₹ Cr
0.0396% share
+7.48% YoY
4.00% of Ch. 76
Balance
+610.56
Exports
3,472.91 ₹ Cr
0.0959% share
+3.40% YoY
4.90% of Ch. 76
Imports
2,862.35 ₹ Cr
0.0498% share
+58.02% YoY
5.08% of Ch. 76
Balance
+507.52
Exports
3,882.25 ₹ Cr
0.1073% share
+11.79% YoY
6.13% of Ch. 76
Imports
3,374.73 ₹ Cr
0.0601% share
+17.90% YoY
5.94% of Ch. 76
Balance
−558.69
Exports
4,192.39 ₹ Cr
0.1132% share
+7.99% YoY
7.26% of Ch. 76
Imports
4,751.08 ₹ Cr
0.0779% share
+40.78% YoY
6.79% of Ch. 76
CAGR · 7-Year
Exports
8.75% /yr
Imports
14.57% /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 7616 have grown at a compound annual rate of 8.75% over 7 fiscal years, rising from ₹2,535.00 Crore in FY 2018-19 to ₹4,192.39 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 7616 ranks #148 out of 1233 subchapters by total export value. Within Chapter 76, it ranks #2 of 16. By trade surplus, it ranks #881 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 7616 was recorded in FY 2021-22, when exports surged by 35.00% over the prior year.
In FY 2024-25, India's imports of ₹4,751.08 Cr exceeded exports of ₹4,192.39 Cr, resulting in a trade deficit of ₹558.69 Crore — ranking #881 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 7616 have grown at 14.57% CAGR, reaching ₹4,751.08 Crore in FY 2024-25.
Among the 16 subchapters under Chapter 76, HSN Sub-Chapter 7616 ranks #2 by export value — accounting for 7.26% of the chapter's total exports in FY 2024-25. On the import side, it holds 6.79% share (rank #5).
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 7616 and GST compliance.
It includes Other Aluminium Items
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.
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.
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.
Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.
If your outward supply of Other Aluminium Items 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.