HSN Code 73042310: Other Drill Pipe – Iron
HSN Code 73042310 represents Other Drill Pipe – Iron under GST classification. This code helps businesses identify Other Drill Pipe – Iron correctly for billing, taxation, and trade. With HSN Code 73042310, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Drill Pipe – Iron.
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Description of Goods for HSN Code 73042310
HSN Code 73042310 relates to the following description.
What does HSN Code 73042310 not include?
Other Drill Pipe – Iron 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: Tubes and pipes
Line pipe of a kind used for oil and gas pipelines: Other: Blanks for tubes and pipes
Line pipe of a kind used for oil and gas pipelines: Other: Other
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: 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 stainless steel: Other
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
Other, of circular cross section,of alloy steel: Other: 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 : 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: Tubes and pipes
Line pipe of a kind used for oil and gas pipelines: Other: Blanks for tubes and pipes
Line pipe of a kind used for oil and gas pipelines: Other: Other
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: 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 stainless steel: Other
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
Other, of circular cross section,of alloy steel: Other: Other
India’s Trade Performance — HSN Code 73042310 in FY 2024-25
India’s Exports
FY 2024-25₹3 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25₹30 Cr
0.0005% of India’s total imports
Trade Balance
FY 2024-25−₹27 Cr
Surplus rank #9753 of 12657 HSN codes
% of Sub-Chapter 7304
FY 2024-250.08%
Share of Sub-Chapter 7304’s total exports in FY 2024-25
Import side: 0.37% of Sub-Chapter 7304’s imports
Rank Within Sub-Chapter 7304
FY 2024-25#23 of 39
Position by export value among HSN codes in Sub-Chapter 7304
Import-side rank: #25 of 39
At a glance
59.31%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#7105
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+410.00%
Peak Growth Year
FY 2019-20 · strongest single-year move
0.08%
Contribution to Sub-Ch. 7304
Share of Sub-Chapter 7304 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 73042310
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−21.34
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.01% of Sub-Ch. 7304
Imports
21.54 ₹ Cr
0.0006% share
— YoY
0.31% of Sub-Ch. 7304
Balance
−36.66
Exports
1.02 ₹ Cr
0.0000% share
+410.00% YoY
0.05% of Sub-Ch. 7304
Imports
37.68 ₹ Cr
0.0011% share
+74.93% YoY
0.54% of Sub-Ch. 7304
Balance
−21.43
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−87.25% YoY
0.01% of Sub-Ch. 7304
Imports
21.56 ₹ Cr
0.0007% share
−42.78% YoY
0.48% of Sub-Ch. 7304
Balance
−2.87
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+100.00% YoY
0.01% of Sub-Ch. 7304
Imports
3.13 ₹ Cr
0.0001% share
−85.48% YoY
0.06% of Sub-Ch. 7304
Balance
−7.99
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+61.54% YoY
0.01% of Sub-Ch. 7304
Imports
8.41 ₹ Cr
0.0001% share
+168.69% YoY
0.13% of Sub-Ch. 7304
Balance
−20.72
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+95.24% YoY
0.02% of Sub-Ch. 7304
Imports
21.54 ₹ Cr
0.0004% share
+156.12% YoY
0.35% of Sub-Ch. 7304
Balance
−26.50
Exports
3.27 ₹ Cr
0.0001% share
+298.78% YoY
0.08% of Sub-Ch. 7304
Imports
29.77 ₹ Cr
0.0005% share
+38.21% YoY
0.37% of Sub-Ch. 7304
CAGR · 7-Year
Exports
59.31% /yr
Imports
5.54% /yr
reference, FY 2024-25
Export
₹4,064.37 Cr
Import
₹7,944.78 Cr
Trade Balance
−3,880.41
Key Trade Insights: HSN Code 73042310 Export-Import Analysis
Consistent Export Growth: 59.31% CAGR Over 7 Years
India's exports under HSN Code 73042310 have grown at a compound annual rate of 59.31% over 7 fiscal years, rising from ₹0.20 Crore in FY 2018-19 to ₹3.27 Crore in FY 2024-25.
HSN Code 73042310 Ranked #7105 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 73042310 ranks #7105 out of 12657 HSN codes by total export value. Within Sub-Chapter 7304, it ranks #23 of 39. By trade surplus, it ranks #9753 of 12657.
FY 2019-20 Was the Strongest Growth Year for HSN Code 73042310 Exports
The strongest single-year export movement for HSN Code 73042310 was recorded in FY 2019-20, when exports surged by 410.00% over the prior year.
India Records a Trade Deficit of ₹26.50 Crore in HSN Code 73042310 Goods
In FY 2024-25, India's imports of ₹29.77 Cr exceeded exports of ₹3.27 Cr, resulting in a trade deficit of ₹26.50 Crore — ranking #9753 of 12657 by surplus magnitude.
Import Growth of 5.54% CAGR Signals Stable Import Dependency for Other Drill Pipe – Iron
India's imports under HSN Code 73042310 have grown at 5.54% CAGR, reaching ₹29.77 Crore in FY 2024-25.
HSN Code 73042310 Contributes 0.08% of Sub-Chapter 7304 Exports — Ranked #23
Among the 39 HSN codes under Sub-Chapter 7304, HSN Code 73042310 ranks #23 by export value — accounting for 0.08% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.37% share (rank #25).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 73042310 and GST compliance.
What products are classified under HSN 73042310 ?
It includes Other Casing & Tubing – Iron
Can we claim ITC on inputs used to trade Other Drill Pipe – Iron?
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 Other Drill Pipe – Iron?
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 Other Drill Pipe – Iron?
Under HSN 73042310, Other Drill Pipe – Iron attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Any common misclassification issue with Other Drill Pipe – Iron?
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 Other Drill Pipe – Iron is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Drill Pipe – Iron; Nil for exempt items if applicable).
Does packaging or labelling change the GST for Other Drill Pipe – Iron?
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.