HSN Code 73041990: Oil/gas pipelines: Other

HSN Code 73041990 represents Oil/gas pipelines: Other under GST classification. This code helps businesses identify Oil/gas pipelines: Other correctly for billing, taxation, and trade. With HSN Code 73041990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Oil/gas pipelines: Other.

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Description of Goods for HSN Code 73041990

HSN Code 73041990 relates to the following description.

Description of Goods

Line pipe of a kind used for oil and gas pipelines: Other: Other

Chapter

73 - Articles of iron or steel

Sub Chapter

7304 - Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 73041990 not include?

Oil/gas pipelines: Other does not include products with the following descriptions.

Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel - line pipe of a kind used for oil or gas pipelines : pipes of iron or steel : of iron

Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel - line pipe of a kind used for oil or gas pipelines : pipes of iron or steel : other

Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel - line pipe of a kind used for oil or gas pipelines : blanks for tubes and pipes: of iron

Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel - line pipe of a kind used for oil or gas pipelines : blanks for tubes and pipes: other

Line pipe of a kind used for oil and gas pipelines: Of stainless steel: Tubes and pipes

Line pipe of a kind used for oil and gas pipelines: Of stainless steel: Blanks for tubes and pipes

Line pipe of a kind used for oil and gas pipelines: Of stainless steel: Other

Line pipe of a kind used for oil and gas pipelines: Other: Blanks for tubes and pipes

Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel - casing, tubing and drill pipe, of a kind used in drilling for oil or gas : drill pipe : of iron

Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel - casing, tubing and drill pipe, of a kind used in drilling for oil or gas : drill pipe : other

Casing, tubing and drill pipe, of a kind used in drilling for oil or gas: Drill pipe of stainless steel

Casing, tubing and drill pipe, of a kind used in drilling for oil or gas: Other drill pipe: Of iron

Casing, tubing and drill pipe, of a kind used in drilling for oil or gas: Other drill pipe: Other

Casing, tubing and drill pipe, of a kind used in drilling for oil or gas: Other, of stainless steel

Casing, tubing and drill pipe, of a kind used in drilling for oil or gas: Other: Of iron

Casing, tubing and drill pipe, of a kind used in drilling for oil or gas: Other: Other

Other, of circular cross-section, of iron or nonalloy steel: Cold-drawn or cold-rolled (cold-reduced): Up to 114.3 mm outer diameter: Of iron

Other, of circular cross-section, of iron or nonalloy steel: Cold-drawn or cold-rolled (cold-reduced): Up to 114.3 mm outer diameter: Other

Other, of circular cross-section, of iron or nonalloy steel: Cold-drawn or cold-rolled (cold-reduced): Above 114.3 mm but up to 219.1 mm outer diameter : Of iron

Other, of circular cross-section, of iron or nonalloy steel: Cold-drawn or cold-rolled (cold-reduced): Above 114.3 mm but up to 219.1 mm outer diameter : Other

Other, of circular cross-section, of iron or nonalloy steel: Cold-drawn or cold-rolled (cold-reduced): Above 219.1 mm diameter: Of iron

Other, of circular cross-section, of iron or nonalloy steel: Cold-drawn or cold-rolled (cold-reduced): Above 219.1 mm diameter: Other

Other, of circular cross-section, of iron or nonalloy steel: Other: Up to 114.3 mm outer diameter: Of iron

Other, of circular cross-section, of iron or nonalloy steel: Other: Up to 114.3 mm outer diameter: Other

Other, of circular cross-section, of iron or nonalloy steel: Other: Above 114.3 mm but up to 219.1 mm outer diameters: Of iron

Other, of circular cross-section, of iron or nonalloy steel: Other: Above 114.3 mm but up to 219.1 mm outer diameters: Other

Other, of circular cross-section, of iron or nonalloy steel: Other: Above 219.1 mm diameter: Of iron

Other, of circular cross-section, of iron or nonalloy steel: Other: Above 219.1 mm diameter: Other

Other, of circular cross section, of stainless steel: Cold-drawn or cold-rolled (cold-reduced)

Other, of circular cross section,of alloy steel: Cold-drawn or cold rolled (cold-reduced): Up to 114.3 mm diameter

Other, of circular cross section,of alloy steel: Cold-drawn or cold rolled (cold-reduced): Above 114.3 mm but up to 219.1 mm outer diameter

Other, of circular cross section,of alloy steel: Cold-drawn or cold rolled (cold-reduced): Above 219.1 mm outer diameter

Other, of circular cross section,of alloy steel: Other: Up to 114.3 mm diameter

Other, of circular cross section,of alloy steel: Other: Above 114.3 mm but up to 219.1 mm outer diameter

Other, of circular cross section,of alloy steel: Other: Above 219.1 mm outer diameter

India’s Trade Performance — HSN Code 73041990 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

₹41 Cr

−31.96% vs FY 2023-24

0.0011% of India’s total exports

India’s Imports

FY 2024-25

₹120 Cr

+25.28% vs FY 2023-24

0.0020% of India’s total imports

Trade Balance

FY 2024-25

−₹79 Cr

Trade Deficit

Surplus rank #10609 of 12657 HSN codes

% of Sub-Chapter 7304

FY 2024-25

1.00%

Share of Sub-Chapter 7304’s total exports in FY 2024-25

Import side: 1.51% of Sub-Chapter 7304’s imports

Rank Within Sub-Chapter 7304

FY 2024-25

#12 of 39

Position by export value among HSN codes in Sub-Chapter 7304

Import-side rank: #16 of 39

At a glance

−6.26%

Export CAGR

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

#3909

National Export Rank

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

+113.13%

Peak Growth Year

FY 2022-23 · strongest single-year move

1.00%

Contribution to Sub-Ch. 7304

Share of Sub-Chapter 7304 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 73041990

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 #2618

Balance

−304.09

Exports

59.98 ₹ Cr

0.0026% share

YoY

2.42% of Sub-Ch. 7304

Imports

364.07 ₹ Cr

0.0102% share

YoY

5.31% of Sub-Ch. 7304

FY 2019-20 Exp. Rank #3399

Balance

−413.02

Exports

34.72 ₹ Cr

0.0016% share

−42.11% YoY

1.53% of Sub-Ch. 7304

Imports

447.74 ₹ Cr

0.0134% share

+22.98% YoY

6.41% of Sub-Ch. 7304

FY 2020-21 Exp. Rank #3302

Balance

−143.65

Exports

39.09 ₹ Cr

0.0018% share

+12.59% YoY

2.18% of Sub-Ch. 7304

Imports

182.74 ₹ Cr

0.0063% share

−59.19% YoY

4.09% of Sub-Ch. 7304

FY 2021-22 Exp. Rank #3516

Balance

−41.15

Exports

44.57 ₹ Cr

0.0014% share

+14.02% YoY

1.39% of Sub-Ch. 7304

Imports

85.72 ₹ Cr

0.0019% share

−53.09% YoY

1.53% of Sub-Ch. 7304

FY 2022-23 Exp. Rank #2599

Balance

−13.53

Exports

94.99 ₹ Cr

0.0026% share

+113.13% YoY

1.53% of Sub-Ch. 7304

Imports

108.52 ₹ Cr

0.0019% share

+26.60% YoY

1.74% of Sub-Ch. 7304

FY 2023-24 Exp. Rank #3284

Balance

−35.76

Exports

59.80 ₹ Cr

0.0017% share

−37.05% YoY

1.31% of Sub-Ch. 7304

Imports

95.56 ₹ Cr

0.0017% share

−11.94% YoY

1.54% of Sub-Ch. 7304

FY 2024-25 Exp. Rank #3909

Balance

−79.03

Exports

40.69 ₹ Cr

0.0011% share

−31.96% YoY

1.00% of Sub-Ch. 7304

Imports

119.72 ₹ Cr

0.0020% share

+25.28% YoY

1.51% of Sub-Ch. 7304

CAGR · 7-Year

Exports

−6.26% /yr

Imports

−16.92% /yr

Consistently Deficit
Sub-Chapter 7304 total

reference, FY 2024-25

Export

₹4,064.37 Cr

Import

₹7,944.78 Cr

Trade Balance

−3,880.41

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

Key Trade Insights: HSN Code 73041990 Export-Import Analysis

Export Decline: −6.26% CAGR Over 7 Years

India's exports under HSN Code 73041990 have declined at a compound annual rate of −6.26% over 7 fiscal years, falling from ₹59.98 Crore in FY 2018-19 to ₹40.69 Crore in FY 2024-25.

HSN Code 73041990 Ranked #3909 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 73041990 ranks #3909 out of 12657 HSN codes by total export value. Within Sub-Chapter 7304, it ranks #12 of 39. By trade surplus, it ranks #10609 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 73041990 Exports

The strongest single-year export movement for HSN Code 73041990 was recorded in FY 2022-23, when exports surged by 113.13% over the prior year.

India Records a Trade Deficit of ₹79.03 Crore in HSN Code 73041990 Goods

In FY 2024-25, India's imports of ₹119.72 Cr exceeded exports of ₹40.69 Cr, resulting in a trade deficit of ₹79.03 Crore — ranking #10609 of 12657 by surplus magnitude.

Import Growth of −16.92% CAGR Signals Stable Import Dependency for Oil/gas pipelines: Other

India's imports under HSN Code 73041990 have grown at −16.92% CAGR, reaching ₹119.72 Crore in FY 2024-25.

HSN Code 73041990 Contributes 1.00% of Sub-Chapter 7304 Exports — Ranked #12

Among the 39 HSN codes under Sub-Chapter 7304, HSN Code 73041990 ranks #12 by export value — accounting for 1.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.51% share (rank #16).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 73041990 and GST compliance.

What products are classified under HSN 73041990 ?

It includes Other Drill Pipe – Other

Can we claim ITC on inputs used to trade Oil/gas pipelines: Other?

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

Any common misclassification issue with Oil/gas pipelines: Other?

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 Oil/gas pipelines: Other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Oil/gas pipelines: Other; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Oil/gas pipelines: 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 Oil/gas pipelines: Other?

Under HSN 73041990, Oil/gas pipelines: 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.