HSN Code 73012010: Steel slotted angles

HSN Code 73012010 represents Steel slotted angles under GST classification. This code helps businesses identify Steel slotted angles correctly for billing, taxation, and trade. With HSN Code 73012010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Steel slotted angles.

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Description of Goods for HSN Code 73012010

HSN Code 73012010 relates to the following description.

Description of Goods

Angles, shapes and sections : Steel slotted angles

Chapter

73 - Articles of iron or steel

Sub Chapter

7301 - Sheet piling of iron or steel, whether or not drilled, punched or made from assembled elements; welded angles, shapes and sections, of iron or steel

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 73012010 not include?

Steel slotted angles does not include products with the following descriptions.

India’s Trade Performance — HSN Code 73012010 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹38 Cr

+694.53% vs FY 2023-24

0.0010% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+66.67% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹37 Cr

Trade Surplus

Surplus rank #2367 of 12657 HSN codes

% of Sub-Chapter 7301

FY 2024-25

17.77%

Share of Sub-Chapter 7301’s total exports in FY 2024-25

Import side: 0.38% of Sub-Chapter 7301’s imports

Rank Within Sub-Chapter 7301

FY 2024-25

#3 of 3

Position by export value among HSN codes in Sub-Chapter 7301

Import-side rank: #3 of 3

At a glance

37.98%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#3995

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+694.53%

Peak Growth Year

FY 2024-25 · strongest single-year move

17.77%

Contribution to Sub-Ch. 7301

Share of Sub-Chapter 7301 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 73012010

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #5759

Balance

+5.23

Exports

5.47 ₹ Cr

0.0002% share

YoY

9.10% of Sub-Ch. 7301

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.14% of Sub-Ch. 7301

FY 2019-20 Exp. Rank #6758

Balance

+0.53

Exports

2.36 ₹ Cr

0.0001% share

−56.86% YoY

3.20% of Sub-Ch. 7301

Imports

1.83 ₹ Cr

0.0001% share

+662.50% YoY

1.17% of Sub-Ch. 7301

FY 2020-21 Exp. Rank #6199

Balance

−4.93

Exports

3.98 ₹ Cr

0.0002% share

+68.64% YoY

5.02% of Sub-Ch. 7301

Imports

8.91 ₹ Cr

0.0003% share

+386.89% YoY

3.51% of Sub-Ch. 7301

FY 2021-22 Exp. Rank #6916

Balance

−0.84

Exports

2.95 ₹ Cr

0.0001% share

−25.88% YoY

2.37% of Sub-Ch. 7301

Imports

3.79 ₹ Cr

0.0001% share

−57.46% YoY

3.74% of Sub-Ch. 7301

FY 2022-23 Exp. Rank #6722

Balance

+2.52

Exports

3.90 ₹ Cr

0.0001% share

+32.20% YoY

2.90% of Sub-Ch. 7301

Imports

1.38 ₹ Cr

0.0000% share

−63.59% YoY

1.37% of Sub-Ch. 7301

FY 2023-24 Exp. Rank #6636

Balance

+4.45

Exports

4.75 ₹ Cr

0.0001% share

+21.79% YoY

3.87% of Sub-Ch. 7301

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−78.26% YoY

0.20% of Sub-Ch. 7301

FY 2024-25 Exp. Rank #3995

Balance

+37.24

Exports

37.74 ₹ Cr

0.0010% share

+694.53% YoY

17.77% of Sub-Ch. 7301

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+66.67% YoY

0.38% of Sub-Ch. 7301

CAGR · 7-Year

Exports

37.98% /yr

Imports

13.01% /yr

Consistently Surplus
Sub-Chapter 7301 total

reference, FY 2024-25

Export

₹212.36 Cr

Import

₹132.46 Cr

Trade Balance

+79.90

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 73012010 Export-Import Analysis

Consistent Export Growth: 37.98% CAGR Over 7 Years

India's exports under HSN Code 73012010 have grown at a compound annual rate of 37.98% over 7 fiscal years, rising from ₹5.47 Crore in FY 2018-19 to ₹37.74 Crore in FY 2024-25.

HSN Code 73012010 Ranked #3995 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 73012010 ranks #3995 out of 12657 HSN codes by total export value. Within Sub-Chapter 7301, it ranks #3 of 3. By trade surplus, it ranks #2367 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 73012010 Exports

The strongest single-year export movement for HSN Code 73012010 was recorded in FY 2024-25, when exports surged by 694.53% over the prior year.

India Maintains a Trade Surplus of ₹37.24 Crore in HSN Code 73012010 Goods

In FY 2024-25, India's exports of ₹37.74 Cr exceeded imports of ₹0.50 Cr, resulting in a trade surplus of ₹37.24 Crore — ranking #2367 of 12657 by surplus magnitude.

Import Growth of 13.01% CAGR Signals Rising Demand for Steel slotted angles

India's imports under HSN Code 73012010 have grown at 13.01% CAGR, reaching ₹0.50 Crore in FY 2024-25.

HSN Code 73012010 Contributes 17.77% of Sub-Chapter 7301 Exports — Ranked #3

Among the 3 HSN codes under Sub-Chapter 7301, HSN Code 73012010 ranks #3 by export value — accounting for 17.77% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.38% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 73012010 and GST compliance.

What products are classified under HSN 73012010 ?

It includes Rails: Asymmetric with end forging

Does packaging or labelling change the GST for Steel slotted angles?

For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.

How should mixed supplies be billed when Steel slotted angles is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Steel slotted angles; Nil for exempt items if applicable).

Any common misclassification issue with Steel slotted angles?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

How much GST applies to Steel slotted angles?

Under HSN 73012010, Steel slotted angles attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Steel slotted angles?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.