--- title: "HSN Code for Rails | For Tramways | HSN 73021020 GST Rate" description: "Find HSN and GST Rates for 73021020 related to Rails | For Tramways with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-73021020/" --- # HSN Code 73021020: Rails | For Tramways - [Section 15: Guide to HSN Section 15](https://busy.in/hsn/section-15/) - [Chapter 73: Articles Made of Iron/Steel](https://busy.in/hsn/chapter-73/) - [Sub-chapter 7302: Railway Materials](https://busy.in/hsn/sub-chapter-7302/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Rails : For tramways | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 73021020 ? It includes Fish-plates and sole plates ### Any common misclassification issue with Rails / For Tramways? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How should mixed supplies be billed when Rails / For Tramways is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Rails / For Tramways; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Rails / For Tramways? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Does packaging or labelling change the GST for Rails / For Tramways? 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 much GST applies to Rails / For Tramways? Under HSN 73021020, Rails / For Tramways attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 73021020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹4 Cr (+280.91% YoY) — 0.0001% of India's total exports - Imports: < ₹1 Crore (+83.33% YoY) — 0.0000% of India's total imports - Trade balance: ₹4 Cr (Surplus); surplus rank #3836 of 12657 HSN codes - Share of Sub-Chapter 7302: 0.56% of its exports; import side 0.02% - Rank within Sub-Chapter 7302: #6 of 12 by export value; import-side #8 ### Key metrics - Export CAGR: 67.46% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #6835 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +1,275.00% in FY 2023-24 - Contribution to Sub-Ch. 7302: 0.56% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 73021020 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 7302 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7302 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.06% | < ₹1 Crore | 0.0000% | — | 0.05% | −0.17 | #8849 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +78.95% | 0.09% | < ₹1 Crore | 0.0000% | −91.67% | 0.00% | +0.31 | #8491 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −26.47% | 0.08% | < ₹1 Crore | 0.0000% | +633.33% | 0.03% | +0.03 | #8720 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +100.00% | 0.15% | Nil | 0.0000% | −100.00% | 0.00% | +0.50 | #8573 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −84.00% | 0.02% | Nil | 0.0000% | — | 0.00% | +0.08 | #9735 | | FY 2023-24 | 1.10 | 0.0000% | +1,275.00% | 0.28% | < ₹1 Crore | 0.0000% | — | 0.01% | +1.04 | #8167 | | FY 2024-25 | 4.19 | 0.0001% | +280.91% | 0.56% | < ₹1 Crore | 0.0000% | +83.33% | 0.02% | +4.08 | #6835 | - CAGR (7-year): exports 67.46%/yr, imports -17.93%/yr (consistently Surplus) ## Key trade insights: HSN Code 73021020 export-import analysis ### Consistent export growth: 67.46% CAGR over 7 years India's exports under HSN Code 73021020 have grown at a compound annual rate of 67.46% over 7 fiscal years, rising from ₹0.19 Crore in FY 2018-19 to ₹4.19 Crore in FY 2024-25. ### HSN Code 73021020 ranked #6835 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 73021020 ranks #6835 out of 12657 HSN codes by total export value. Within Sub-Chapter 7302, it ranks #6 of 12. By trade surplus, it ranks #3836 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 73021020 exports The strongest single-year export movement for HSN Code 73021020 was recorded in FY 2023-24, when exports surged by 1,275.00% over the prior year. ### India maintains a trade surplus of ₹4.08 Crore in HSN Code 73021020 goods In FY 2024-25, India's exports of ₹4.19 Cr exceeded imports of ₹0.11 Cr, resulting in a trade surplus of ₹4.08 Crore — ranking #3836 of 12657 by surplus magnitude. ### Import growth of -17.93% CAGR signals stable import dependency for Rails | For Tramways India's imports under HSN Code 73021020 have grown at -17.93% CAGR, reaching ₹0.11 Crore in FY 2024-25. ### HSN Code 73021020 contributes 0.56% of Sub-Chapter 7302 exports — ranked #6 Among the 12 HSN codes under Sub-Chapter 7302, HSN Code 73021020 ranks #6 by export value — accounting for 0.56% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.02% share (rank #8). ## Related HSN Codes in Sub-Chapter 7302 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 73021090: Rails \| Other](https://busy.in/hsn/hsn-73021090/) | ₹426 Cr | | #2 | [HSN Code 73023000: Crossing pieces](https://busy.in/hsn/hsn-73023000/) | ₹195 Cr | | #3 | [HSN Code 73029090: Railway or tramway track construction material \| Other](https://busy.in/hsn/hsn-73029090/) | ₹90 Cr | | #4 | [HSN Code 73024000: Fish-plates and sole plates](https://busy.in/hsn/hsn-73024000/) | ₹17 Cr | | #5 | [HSN Code 73029010: Other : Material for jointing or fixing rails](https://busy.in/hsn/hsn-73029010/) | ₹13 Cr | | #6 | HSN Code 73021020: Rails \| For Tramways (this hsn code) | ₹4 Cr | | #7 | [HSN Code 73021019: Rails \| For Railways](https://busy.in/hsn/hsn-73021019/) | ₹2 Cr | | #8 | [HSN Code 73021011: Rails\| Head Hardened Rails](https://busy.in/hsn/hsn-73021011/) | < ₹1 Crore | | — | [HSN Code 73021010: Seamless Iron Oil/Gas Pipelines](https://busy.in/hsn/hsn-73021010/) | Nil | | — | [HSN Code 73021012: Rails: Asymmetric with end forging](https://busy.in/hsn/hsn-73021012/) | Nil |