HSN 7505 classifies nickel bars, rods, profiles, and wire, essential forms for various industrial applications in India. Procurement teams, accountants, and Customs House Agents (CHAs) rely on this HSN code for accurate customs duty and GST assessment. Understanding this classification is key for businesses trading in specialized non-ferrous metals. HSN 7505 ensures that transactions involving these specific nickel forms are correctly categorized, facilitating smooth import and export processes. MetaleMart offers a range of nickel and nickel alloy products that fall under this HSN heading, catering to demanding industrial requirements across India.
What HSN 6-digit code 7505 Covers
HSN 7505 specifically covers nickel in the form of bars, rods, **profiles**, and wire. This includes solid products obtained by extrusion, drawing, or simply by working hot-formed products. Bars and rods are typically characterized by a solid cross-section, whereas profiles have a distinct, non-circular cross-section (e.g., T-shapes, U-shapes). Wire refers to cold-formed products with a circular, oval, rectangular, or square cross-section, having a maximum cross-sectional dimension not exceeding 6 mm. This heading is distinct from HSN 7506 (plates, sheets, strip), HSN 7507 (tubes and pipes), and HSN 7508 (other articles of nickel). It is crucial for Indian buyers and sellers to differentiate these forms for accurate customs declarations and GST compliance under India's GST regime. The scope is limited to nickel and its alloys in these specific semi-finished product categories. Powder metallurgy forms, waste, scrap, or fully manufactured articles would fall under different HSN codes. MetaleMart facilitates procurement of various nickel grades and alloys fitting precisely within HSN 7505.Common Materials & Grades under HSN 7505
- Nickel 200/201 Bars & Rods: Pure nickel, excellent corrosion resistance, used in chemical processing and food equipment.
- Nickel 200/201 Wire: Pure nickel wire for electrical leads, heating elements, and specialized welding.
- Monel 400 Bars & Rods: Nickel-copper alloy known for strength and exceptional resistance to seawater and acids.
- Monel 400 Wire: Used in marine applications, heat exchangers, and chemical processing equipment.
- Inconel 600 Bars & Rods: Nickel-chromium alloy offering high-temperature strength and corrosion resistance.
- Inconel 600 Wire: For high-temperature furnace components, gas turbine parts, and specialized welding.
- Inconel 625 Bars & Rods: A high-strength, corrosion-resistant nickel-based alloy used in demanding environments like aerospace and marine.
- Hastelloy Bars & Rods: C-276 and other grades offer superior resistance to aggressive media and reducing agents.
Trade Names & Synonyms for HSN 7505
- Pure Nickel Rods
- Nickel Alloy Wire
- Monel Rods
- Inconel Bars
- Nickel 200/201 Wire
- Hastelloy Profiles
- Nickel Hex Bars
- Nickel Square Rods
Typical Industrial Uses for HSN 7505 Products
- Chemical Processing Equipment Components
- Marine Hardware and Fittings
- Aerospace Engineering Parts
- High-Temperature Furnace Elements
- Electrical Resistance Heating Wires
- Welding Filler Material (Wire)
- Desalination Plant Components
- Oil and Gas Industry Components
GST Rate (Indicative)
HSN 7505, covering nickel bars, rods, profiles, and wire, typically falls under the 18% GST slab in India. However, specific GST rates can vary based on the exact alloy composition and application, so verification on the CBIC portal is always recommended.
Related HSN Codes
- 7501: Nickel mattes, nickel oxides and other intermediate products of nickel metallurgy.
- 7502: Unwrought nickel, nickel powders.
- 7503: Nickel waste and scrap.
- 7504: Nickel powders and flakes.
- 7506: Nickel plates, sheets and strip.
- 7507: Nickel tubes, pipes and tube/pipe fitting.
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Frequently Asked Questions about HSN 7505
What are the key inclusions and exclusions for HSN 7505?
HSN 7505 covers nickel in specific forms: bars, rods, profiles, and wire. It does not include unwrought nickel, powders, or articles manufactured from nickel not specified in these forms. Ensure your goods precisely match the description. Consult the Directorate General of Foreign Trade (DGFT) for specific import/export regulations.
What is the GST rate for HSN 7505?
HSN 7505 details nickel bars, rods, profiles, and wire. For GST, most nickel and articles thereof fall under the 18% slab. However, specific rates can vary, and it is crucial to verify the exact rate for your product on the official CBIC GST portal before making any transactions.
What are common forms of nickel covered under HSN 7505?
Common forms for HSN 7505 include pure nickel bars and rods, nickel alloy wire (e.g., Monel, Inconel), and nickel profiles used in specialized industrial applications. MetaleMart can supply various nickel grades in these forms to meet specific engineering requirements.
How does HSN 7505 differ from other nickel-related HSN codes?
HSN 7505 applies to nickel bars, rods, profiles, and wire. Forms like sheets, plates (covered under 7506), pipes, tubes (covered under 7507), and cast/molded articles (covered under 7508) fall under different HSN codes. Accurate classification prevents customs delays and penalties.