HSN Code 73023000: Crossing pieces

HSN Code 73023000 represents Crossing pieces under GST classification. This code helps businesses identify Crossing pieces correctly for billing, taxation, and trade. With HSN Code 73023000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Crossing pieces.

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Description of Goods for HSN Code 73023000

HSN Code 73023000 relates to the following description.

Description of Goods

Switch blades, crossing frogs, point rods and other crossing pieces

Chapter

73 - Articles of iron or steel

Sub Chapter

7302 - Railway or tramway track construction material of iron or steel, the following: rails, check-rails and rack rails, switch blades, crossing frogs, point rods and other crossing pieces, sleepers (cross-ties), fish- plates, chairs, chair wedges, sole plates (base plates), rail clips, bedplates, ties and other material specialized for jointing or fixing rails

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 73023000 not include?

Crossing pieces does not include products with the following descriptions.

HSN Code 73021010

Railway or tramway track construction material of iron or steel, the following: rails, check-rails and rack rails, switch blades, crossing frogs, point rods and other crossing pieces, sleepers (cross-ties), fish - plates, chairs, chair wedges, sole plates (base plates), rail clips, bedplates, ties and other material specialized for jointing or fixing rails- rails : for railways

India’s Trade Performance — HSN Code 73023000 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

₹195 Cr

−16.61% vs FY 2023-24

0.0053% of India’s total exports

India’s Imports

FY 2024-25

₹86 Cr

+138.94% vs FY 2023-24

0.0014% of India’s total imports

Trade Balance

FY 2024-25

₹109 Cr

Trade Surplus

Surplus rank #1545 of 12657 HSN codes

% of Sub-Chapter 7302

FY 2024-25

26.11%

Share of Sub-Chapter 7302’s total exports in FY 2024-25

Import side: 14.84% of Sub-Chapter 7302’s imports

Rank Within Sub-Chapter 7302

FY 2024-25

#2 of 12

Position by export value among HSN codes in Sub-Chapter 7302

Import-side rank: #4 of 12

At a glance

1.56%

Export CAGR

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

#1871

National Export Rank

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

+26.69%

Peak Growth Year

FY 2023-24 · strongest single-year move

26.11%

Contribution to Sub-Ch. 7302

Share of Sub-Chapter 7302 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 73023000

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 #1431

Balance

+121.76

Exports

177.99 ₹ Cr

0.0078% share

— YoY

57.83% of Sub-Ch. 7302

Imports

56.23 ₹ Cr

0.0016% share

— YoY

7.46% of Sub-Ch. 7302

FY 2019-20 Exp. Rank #1487

Balance

+97.05

Exports

166.30 ₹ Cr

0.0076% share

−6.57% YoY

42.47% of Sub-Ch. 7302

Imports

69.25 ₹ Cr

0.0021% share

+23.15% YoY

10.39% of Sub-Ch. 7302

FY 2020-21 Exp. Rank #1658

Balance

+24.64

Exports

149.77 ₹ Cr

0.0070% share

−9.94% YoY

46.25% of Sub-Ch. 7302

Imports

125.13 ₹ Cr

0.0043% share

+80.69% YoY

16.89% of Sub-Ch. 7302

FY 2021-22 Exp. Rank #1819

Balance

−16.40

Exports

167.76 ₹ Cr

0.0053% share

+12.01% YoY

50.17% of Sub-Ch. 7302

Imports

184.16 ₹ Cr

0.0040% share

+47.17% YoY

27.09% of Sub-Ch. 7302

FY 2022-23 Exp. Rank #1817

Balance

+33.49

Exports

184.91 ₹ Cr

0.0051% share

+10.22% YoY

55.07% of Sub-Ch. 7302

Imports

151.42 ₹ Cr

0.0026% share

−17.78% YoY

25.69% of Sub-Ch. 7302

FY 2023-24 Exp. Rank #1621

Balance

+198.26

Exports

234.26 ₹ Cr

0.0065% share

+26.69% YoY

60.06% of Sub-Ch. 7302

Imports

36.00 ₹ Cr

0.0006% share

−76.23% YoY

3.50% of Sub-Ch. 7302

FY 2024-25 Exp. Rank #1871

Balance

+109.34

Exports

195.36 ₹ Cr

0.0053% share

−16.61% YoY

26.11% of Sub-Ch. 7302

Imports

86.02 ₹ Cr

0.0014% share

+138.94% YoY

14.84% of Sub-Ch. 7302

CAGR · 7-Year

Exports

1.56% /yr

Imports

7.34% /yr

Consistently Surplus
Sub-Chapter 7302 total

reference, FY 2024-25

Export

₹748.20 Cr

Import

₹579.46 Cr

Trade Balance

+168.74

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

Key Trade Insights: HSN Code 73023000 Export-Import Analysis

Consistent Export Growth: 1.56% CAGR Over 7 Years

India's exports under HSN Code 73023000 have grown at a compound annual rate of 1.56% over 7 fiscal years, rising from ₹177.99 Crore in FY 2018-19 to ₹195.36 Crore in FY 2024-25.

HSN Code 73023000 Ranked #1871 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 73023000 ranks #1871 out of 12657 HSN codes by total export value. Within Sub-Chapter 7302, it ranks #2 of 12. By trade surplus, it ranks #1545 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 73023000 Exports

The strongest single-year export movement for HSN Code 73023000 was recorded in FY 2023-24, when exports surged by 26.69% over the prior year.

India Maintains a Trade Surplus of ₹109.34 Crore in HSN Code 73023000 Goods

In FY 2024-25, India's exports of ₹195.36 Cr exceeded imports of ₹86.02 Cr, resulting in a trade surplus of ₹109.34 Crore — ranking #1545 of 12657 by surplus magnitude.

Import Growth of 7.34% CAGR Signals Stable Import Dependency for Crossing pieces

India's imports under HSN Code 73023000 have grown at 7.34% CAGR, reaching ₹86.02 Crore in FY 2024-25.

HSN Code 73023000 Contributes 26.11% of Sub-Chapter 7302 Exports — Ranked #2

Among the 12 HSN codes under Sub-Chapter 7302, HSN Code 73023000 ranks #2 by export value — accounting for 26.11% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 14.84% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 73023000 and GST compliance.

What products are classified under HSN 73023000 ?

It includes Railway or tramway track construction material | Other

Any common misclassification issue with Crossing pieces?

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 Crossing pieces is sold with other items?

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

Do e‑way bill and e‑invoice apply for Crossing pieces?

e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.

Can we claim ITC on inputs used to trade Crossing pieces?

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 Crossing pieces?

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.

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.