---
title: "HSN Code for Fish-plates and sole plates | HSN 73024000 GST Rate"
description: "Find HSN and GST Rates for 73024000 related to Fish-plates and sole plates with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-73024000/"
---

# HSN Code 73024000: Fish-plates and sole plates

- [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 |
| --- | --- | --- | --- | --- |
| Fish-plates and sole plates | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 73024000 ?

It includes Cast iron pipes: rainwater pipe

### Any common misclassification issue with Fish-plates and sole plates?

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 Fish-plates and sole plates is sold with other items?

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

### Does packaging or labelling change the GST for Fish-plates and sole plates?

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 Fish-plates and sole plates?

Under HSN 73024000, Fish-plates and sole plates attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Can we claim ITC on inputs used to trade Fish-plates and sole plates?

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

### Do e‑way bill and e‑invoice apply for Fish-plates and sole plates?

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.

## India's trade performance: HSN Code 73024000 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹17 Cr (+2.37% YoY) — 0.0005% of India's total exports
- Imports: ₹20 Cr (−49.19% YoY) — 0.0003% of India's total imports
- Trade balance: −₹2 Cr (Deficit); surplus rank #8251 of 12657 HSN codes
- Share of Sub-Chapter 7302: 2.31% of its exports; import side 3.39%
- Rank within Sub-Chapter 7302: #4 of 12 by export value; import-side #5

### Key metrics

- Export CAGR: 29.50% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #5076 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +741.86% in FY 2021-22
- Contribution to Sub-Ch. 7302: 2.31% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 73024000

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 | 3.67 | 0.0002% | — | 1.19% | 2.46 | 0.0001% | — | 0.33% | +1.21 | #6239 |
| FY 2019-20 | 11.08 | 0.0005% | +201.91% | 2.83% | 3.25 | 0.0001% | +32.11% | 0.49% | +7.83 | #4876 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | −96.12% | 0.13% | 1.89 | 0.0001% | −41.85% | 0.26% | −1.46 | #8343 |
| FY 2021-22 | 3.62 | 0.0001% | +741.86% | 1.08% | < ₹1 Crore | 0.0000% | −80.95% | 0.05% | +3.26 | #6705 |
| FY 2022-23 | 23.97 | 0.0007% | +562.15% | 7.14% | 28.73 | 0.0005% | +7,880.56% | 4.87% | −4.76 | #4459 |
| FY 2023-24 | 16.91 | 0.0005% | −29.45% | 4.34% | 38.69 | 0.0007% | +34.67% | 3.76% | −21.78 | #4999 |
| FY 2024-25 | 17.31 | 0.0005% | +2.37% | 2.31% | 19.66 | 0.0003% | −49.19% | 3.39% | −2.35 | #5076 |

- CAGR (7-year): exports 29.50%/yr, imports 41.40%/yr (consistently Deficit)

## Key trade insights: HSN Code 73024000 export-import analysis

### Consistent export growth: 29.50% CAGR over 7 years

India's exports under HSN Code 73024000 have grown at a compound annual rate of 29.50% over 7 fiscal years, rising from ₹3.67 Crore in FY 2018-19 to ₹17.31 Crore in FY 2024-25.

### HSN Code 73024000 ranked #5076 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 73024000 ranks #5076 out of 12657 HSN codes by total export value. Within Sub-Chapter 7302, it ranks #4 of 12. By trade surplus, it ranks #8251 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 73024000 exports

The strongest single-year export movement for HSN Code 73024000 was recorded in FY 2021-22, when exports surged by 741.86% over the prior year.

### India records a trade deficit of ₹2.35 Crore in HSN Code 73024000 goods

In FY 2024-25, India's imports of ₹19.66 Cr exceeded exports of ₹17.31 Cr, resulting in a trade deficit of ₹2.35 Crore — ranking #8251 of 12657 by surplus magnitude.

### Import growth of 41.40% CAGR signals rising demand for Fish-plates and sole plates

India's imports under HSN Code 73024000 have grown at 41.40% CAGR, reaching ₹19.66 Crore in FY 2024-25.

### HSN Code 73024000 contributes 2.31% of Sub-Chapter 7302 exports — ranked #4

Among the 12 HSN codes under Sub-Chapter 7302, HSN Code 73024000 ranks #4 by export value — accounting for 2.31% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.39% share (rank #5).

## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-73021020/) | ₹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 |