HSN Code 73029090: Railway or tramway track construction material | Other

HSN Code 73029090 represents Railway or tramway track construction material | Other under GST classification. This code helps businesses identify Railway or tramway track construction material | Other correctly for billing, taxation, and trade. With HSN Code 73029090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Railway or tramway track construction material | Other.

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Description of Goods for HSN Code 73029090

HSN Code 73029090 relates to the following description.

Description of Goods

Other : Other

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 73029090 not include?

Railway or tramway track construction material | Other does not include products with the following descriptions.

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 73029090 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

₹90 Cr

+24.52% vs FY 2023-24

0.0024% of India’s total exports

India’s Imports

FY 2024-25

₹100 Cr

−24.11% vs FY 2023-24

0.0016% of India’s total imports

Trade Balance

FY 2024-25

−₹10 Cr

Trade Deficit

Surplus rank #9083 of 12657 HSN codes

% of Sub-Chapter 7302

FY 2024-25

11.98%

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

Import side: 17.21% of Sub-Chapter 7302’s imports

Rank Within Sub-Chapter 7302

FY 2024-25

#3 of 12

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

Import-side rank: #3 of 12

At a glance

−1.22%

Export CAGR

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

#2821

National Export Rank

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

+137.76%

Peak Growth Year

FY 2021-22 · strongest single-year move

11.98%

Contribution to Sub-Ch. 7302

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

India Export-Import Trade Statistics for HSN Code 73029090

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 #2062

Balance

+73.77

Exports

96.50 ₹ Cr

0.0042% share

YoY

31.35% of Sub-Ch. 7302

Imports

22.73 ₹ Cr

0.0006% share

YoY

3.01% of Sub-Ch. 7302

FY 2019-20 Exp. Rank #1977

Balance

+83.03

Exports

103.08 ₹ Cr

0.0047% share

+6.82% YoY

26.32% of Sub-Ch. 7302

Imports

20.05 ₹ Cr

0.0006% share

−11.79% YoY

3.01% of Sub-Ch. 7302

FY 2020-21 Exp. Rank #3116

Balance

+16.40

Exports

43.88 ₹ Cr

0.0020% share

−57.43% YoY

13.55% of Sub-Ch. 7302

Imports

27.48 ₹ Cr

0.0009% share

+37.06% YoY

3.71% of Sub-Ch. 7302

FY 2021-22 Exp. Rank #2359

Balance

+81.05

Exports

104.33 ₹ Cr

0.0033% share

+137.76% YoY

31.20% of Sub-Ch. 7302

Imports

23.28 ₹ Cr

0.0005% share

−15.28% YoY

3.42% of Sub-Ch. 7302

FY 2022-23 Exp. Rank #2699

Balance

+60.51

Exports

89.04 ₹ Cr

0.0025% share

−14.66% YoY

26.52% of Sub-Ch. 7302

Imports

28.53 ₹ Cr

0.0005% share

+22.55% YoY

4.84% of Sub-Ch. 7302

FY 2023-24 Exp. Rank #3035

Balance

−59.39

Exports

71.99 ₹ Cr

0.0020% share

−19.15% YoY

18.46% of Sub-Ch. 7302

Imports

131.38 ₹ Cr

0.0023% share

+360.50% YoY

12.78% of Sub-Ch. 7302

FY 2024-25 Exp. Rank #2821

Balance

−10.06

Exports

89.64 ₹ Cr

0.0024% share

+24.52% YoY

11.98% of Sub-Ch. 7302

Imports

99.70 ₹ Cr

0.0016% share

−24.11% YoY

17.21% of Sub-Ch. 7302

CAGR · 7-Year

Exports

−1.22% /yr

Imports

27.94% /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 73029090 Export-Import Analysis

Export Decline: −1.22% CAGR Over 7 Years

India's exports under HSN Code 73029090 have declined at a compound annual rate of −1.22% over 7 fiscal years, falling from ₹96.50 Crore in FY 2018-19 to ₹89.64 Crore in FY 2024-25.

HSN Code 73029090 Ranked #2821 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 73029090 ranks #2821 out of 12657 HSN codes by total export value. Within Sub-Chapter 7302, it ranks #3 of 12. By trade surplus, it ranks #9083 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 73029090 Exports

The strongest single-year export movement for HSN Code 73029090 was recorded in FY 2021-22, when exports surged by 137.76% over the prior year.

India Records a Trade Deficit of ₹10.06 Crore in HSN Code 73029090 Goods

In FY 2024-25, India's imports of ₹99.70 Cr exceeded exports of ₹89.64 Cr, resulting in a trade deficit of ₹10.06 Crore — ranking #9083 of 12657 by surplus magnitude.

Import Growth of 27.94% CAGR Signals Rising Demand for Railway or tramway track construction material | Other

India's imports under HSN Code 73029090 have grown at 27.94% CAGR, reaching ₹99.70 Crore in FY 2024-25.

HSN Code 73029090 Contributes 11.98% of Sub-Chapter 7302 Exports — Ranked #3

Among the 12 HSN codes under Sub-Chapter 7302, HSN Code 73029090 ranks #3 by export value — accounting for 11.98% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 17.21% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 73029090 and GST compliance.

What products are classified under HSN 73029090 ?

It includes Cast iron spun pipe

How should mixed supplies be billed when Railway or tramway track construction material / Other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Railway or tramway track construction material / Other; Nil for exempt items if applicable).

Any common misclassification issue with Railway or tramway track construction material / Other?

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 Railway or tramway track construction material / Other?

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 Railway or tramway track construction material / Other?

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.

How much GST applies to Railway or tramway track construction material / Other?

Under HSN 73029090, Railway or tramway track construction material / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.