76011040 is the designated HSN classification for Unwrought Aluminium - Aluminium, Not Alloyed : Wire Rods, categorized under Chapter 76 – Aluminium And Articles Thereo in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Unwrought Aluminium - Aluminium, Not Alloyed : Wire Rods must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 9.00%, SGST/UTGST at 9.00% for local transactions, and IGST at 18.00% for interstate supplies. Quantities are measured in kg. for billing purposes.
HSN Codes under Chapter 76 – Aluminium And Articles Thereo
Below are related HSN codes from Chapter 76 – Aluminium And Articles Thereo for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Aluminium And Articles Thereo... | 76011010 | Unwrought Aluminium - Aluminium, Not Alloyed : Ing... | N.a. | N.a. | N.a. |
| Aluminium And Articles Thereo... | 76011020 | Unwrought Aluminium - Aluminium, Not Alloyed : Bil... | N.a. | N.a. | N.a. |
| Aluminium And Articles Thereo... | 76011030 | Unwrought Aluminium - Aluminium, Not Alloyed : Wir... | N.a. | N.a. | N.a. |
| Aluminium And Articles Thereo... | 76011090 | Unwrought Aluminium - Aluminium, Not Alloyed : Oth... | 0.09 | 0.09 | 0.18 |
| Aluminium And Articles Thereo... | 76012010 | Unwrought Aluminium - Aluminium Alloys : Ingots | 9.00% | 9.00% | 18.00% |
| Aluminium And Articles Thereo... | 76012020 | Unwrought Aluminium - Aluminium Alloys : Billets | 9.00% | 9.00% | 18.00% |
| Aluminium And Articles Thereo... | 76012030 | Unwrought Aluminium - Aluminium Alloys : Wire Bars | 9.00% | 9.00% | 18.00% |
| Aluminium And Articles Thereo... | 76012040 | Unwrought Aluminium - Aluminium Alloys : Wire Rods | 9.00% | 9.00% | 18.00% |
| Aluminium And Articles Thereo... | 76012090 | Unwrought Aluminium - Aluminium Alloys : Other | 0.09 | 0.09 | 0.18 |
| Aluminium And Articles Thereo... | 76020010 | Aluminium Waste And Scrap - Aluminium Waste And Sc... | 9.00% | 9.00% | 18.00% |
GST Rates for HSN 76011040
The tax structure for Unwrought Aluminium - Aluminium, Not Alloyed : Wire Rods under HSN Code 76011040 follows a dual taxation model. CGST is levied at 9.00% and SGST/UTGST at 9.00% for intrastate sales. Interstate transactions attract IGST at 18.00%. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 76 – Aluminium And Articles Thereo.
Who Should Use HSN Code 76011040?
Manufacturers, wholesalers, retailers, and exporters dealing in Unwrought Aluminium - Aluminium, Not Alloyed : Wire Rods are required to mention HSN 76011040 on all tax documents. This classification under Aluminium And Articles Thereo applies to businesses of all sizes operating within Chapter 76. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Planning to trade in Unwrought Aluminium - Aluminium, Not Alloyed : Wire Rods? Complete GST registration to legally collect taxes on goods under HSN 76011040. Businesses importing or exporting Aluminium And Articles Thereo products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.
Why Correct Classification Matters
Correct HSN Code 76011040 application for Unwrought Aluminium - Aluminium, Not Alloyed : Wire Rods ensures smooth input credit utilization and assessment processes. Track 9.00%, 9.00%, and 18.00% rate changes for Chapter 76 – Aluminium And Articles Thereo through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 76011040 should I mention on invoices?
The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 76011040 for accurate classification of Unwrought Aluminium - Aluminium, Not Alloyed : Wire Rods.
Can I claim input tax credit on Unwrought Aluminium - Aluminium, Not Alloyed : Wire Rods purchases?
Yes, registered businesses can claim input tax credit on Unwrought Aluminium - Aluminium, Not Alloyed : Wire Rods purchases made under HSN 76011040. Ensure your supplier mentions correct HSN code and GST rates (9.00%, 9.00%) on the invoice.
What is the difference between CGST and IGST for HSN 76011040?
CGST at 9.00% plus SGST/UTGST at 9.00% applies when Unwrought Aluminium - Aluminium, Not Alloyed : Wire Rods is sold within the same state. IGST at 18.00% is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Unwrought Aluminium - Aluminium, Not Alloyed : Wire Rods domestically?
No, Import Export Code is only required if you plan to import or export Unwrought Aluminium - Aluminium, Not Alloyed : Wire Rods internationally. For domestic trade within Aluminium And Articles Thereo, GST registration is sufficient.
