HSN Code 73029010: Other : Material for jointing or fixing rails

HSN Code 73029010 represents Other : Material for jointing or fixing rails under GST classification. This code helps businesses identify Other : Material for jointing or fixing rails correctly for billing, taxation, and trade. With HSN Code 73029010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other : Material for jointing or fixing rails.

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Description of Goods for HSN Code 73029010

HSN Code 73029010 relates to the following description.

Description of Goods

Other : Material for jointing or fixing rails

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 73029010 not include?

Other : Material for jointing or fixing rails 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 73029010 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

₹13 Cr

−30.75% vs FY 2023-24

0.0003% of India’s total exports

India’s Imports

FY 2024-25

₹20 Cr

−75.66% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

−₹7 Cr

Trade Deficit

Surplus rank #8781 of 12657 HSN codes

% of Sub-Chapter 7302

FY 2024-25

1.72%

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

Import side: 3.37% of Sub-Chapter 7302’s imports

Rank Within Sub-Chapter 7302

FY 2024-25

#5 of 12

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

Import-side rank: #6 of 12

At a glance

23.93%

Export CAGR

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

#5469

National Export Rank

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

+176.51%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.72%

Contribution to Sub-Ch. 7302

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

India Export-Import Trade Statistics for HSN Code 73029010

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 #6283

Balance

+1.37

Exports

3.55 ₹ Cr

0.0002% share

— YoY

1.15% of Sub-Ch. 7302

Imports

2.18 ₹ Cr

0.0001% share

— YoY

0.29% of Sub-Ch. 7302

FY 2019-20 Exp. Rank #5223

Balance

+6.54

Exports

8.47 ₹ Cr

0.0004% share

+138.59% YoY

2.16% of Sub-Ch. 7302

Imports

1.93 ₹ Cr

0.0001% share

−11.47% YoY

0.29% of Sub-Ch. 7302

FY 2020-21 Exp. Rank #4818

Balance

+3.91

Exports

12.26 ₹ Cr

0.0006% share

+44.75% YoY

3.79% of Sub-Ch. 7302

Imports

8.35 ₹ Cr

0.0003% share

+332.64% YoY

1.13% of Sub-Ch. 7302

FY 2021-22 Exp. Rank #3884

Balance

+23.07

Exports

33.90 ₹ Cr

0.0011% share

+176.51% YoY

10.14% of Sub-Ch. 7302

Imports

10.83 ₹ Cr

0.0002% share

+29.70% YoY

1.59% of Sub-Ch. 7302

FY 2022-23 Exp. Rank #5662

Balance

+2.19

Exports

9.74 ₹ Cr

0.0003% share

−71.27% YoY

2.90% of Sub-Ch. 7302

Imports

7.55 ₹ Cr

0.0001% share

−30.29% YoY

1.28% of Sub-Ch. 7302

FY 2023-24 Exp. Rank #4875

Balance

−61.56

Exports

18.57 ₹ Cr

0.0005% share

+90.66% YoY

4.76% of Sub-Ch. 7302

Imports

80.13 ₹ Cr

0.0014% share

+961.32% YoY

7.79% of Sub-Ch. 7302

FY 2024-25 Exp. Rank #5469

Balance

−6.64

Exports

12.86 ₹ Cr

0.0003% share

−30.75% YoY

1.72% of Sub-Ch. 7302

Imports

19.50 ₹ Cr

0.0003% share

−75.66% YoY

3.37% of Sub-Ch. 7302

CAGR · 7-Year

Exports

23.93% /yr

Imports

44.08% /yr

Consistently Deficit
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 73029010 Export-Import Analysis

Consistent Export Growth: 23.93% CAGR Over 7 Years

India's exports under HSN Code 73029010 have grown at a compound annual rate of 23.93% over 7 fiscal years, rising from ₹3.55 Crore in FY 2018-19 to ₹12.86 Crore in FY 2024-25.

HSN Code 73029010 Ranked #5469 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 73029010 ranks #5469 out of 12657 HSN codes by total export value. Within Sub-Chapter 7302, it ranks #5 of 12. By trade surplus, it ranks #8781 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 73029010 Exports

The strongest single-year export movement for HSN Code 73029010 was recorded in FY 2021-22, when exports surged by 176.51% over the prior year.

India Records a Trade Deficit of ₹6.64 Crore in HSN Code 73029010 Goods

In FY 2024-25, India's imports of ₹19.50 Cr exceeded exports of ₹12.86 Cr, resulting in a trade deficit of ₹6.64 Crore — ranking #8781 of 12657 by surplus magnitude.

Import Growth of 44.08% CAGR Signals Rising Demand for Other : Material for jointing or fixing rails

India's imports under HSN Code 73029010 have grown at 44.08% CAGR, reaching ₹19.50 Crore in FY 2024-25.

HSN Code 73029010 Contributes 1.72% of Sub-Chapter 7302 Exports — Ranked #5

Among the 12 HSN codes under Sub-Chapter 7302, HSN Code 73029010 ranks #5 by export value — accounting for 1.72% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.37% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 73029010 and GST compliance.

What products are classified under HSN 73029010 ?

It includes Cast iron soil pipe

How much GST applies to Other : Material for jointing or fixing rails?

Under HSN 73029010, Other : Material for jointing or fixing rails attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Other : Material for jointing or fixing rails?

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

Can we claim ITC on inputs used to trade Other : Material for jointing or fixing rails?

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

How should mixed supplies be billed when Other : Material for jointing or fixing rails is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other : Material for jointing or fixing rails; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Other : Material for jointing or fixing rails?

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.