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HSN Code 73042390: Other Seamless Non-Stainless Steel Drill Pipe
HSN Code 73042390 represents Other Seamless Non-Stainless Steel Drill Pipe under GST classification. This code helps businesses identify Other Seamless Non-Stainless Steel Drill Pipe correctly for billing, taxation, and trade. With HSN Code 73042390, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Seamless Non-Stainless Steel Drill Pipe.
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Description of Goods for HSN Code 73042390
HSN Code 73042390 relates to the following description.
What does HSN Code 73042390 not include?
Other Seamless Non-Stainless Steel Drill Pipe 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: Of iron
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: Of iron
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
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India’s Trade Performance — HSN Code 73042390 in FY 2025-26
India’s Exports
FY 2025-26₹26 Cr
0.0007% of India’s total exports
India’s Imports
FY 2025-26₹199 Cr
0.0029% of India’s total imports
Trade Balance
FY 2025-26−₹173 Cr
Surplus rank #11285 of 12872 HSN codes
% of Sub-Chapter 7304
FY 2025-260.55%
Share of Sub-Chapter 7304’s total exports in FY 2025-26
Import side: 2.54% of Sub-Chapter 7304’s imports
Rank Within Sub-Chapter 7304
FY 2025-26#16 of 39
Position by export value among HSN codes in Sub-Chapter 7304
Import-side rank: #11 of 39
At a glance
−6.69%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#4690
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+177.70%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.55%
Contribution to Sub-Ch. 7304
Share of Sub-Chapter 7304 exports in FY 2025-26
India Export-Import Trade Statistics for HSN Code 73042390
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−403.52
Exports
42.10 ₹ Cr
0.0018% share
— YoY
1.70% of Sub-Ch. 7304
Imports
445.62 ₹ Cr
0.0124% share
— YoY
6.49% of Sub-Ch. 7304
Balance
−478.43
Exports
34.06 ₹ Cr
0.0015% share
−19.10% YoY
1.51% of Sub-Ch. 7304
Imports
512.49 ₹ Cr
0.0153% share
+15.01% YoY
7.34% of Sub-Ch. 7304
Balance
−101.16
Exports
24.36 ₹ Cr
0.0011% share
−28.48% YoY
1.36% of Sub-Ch. 7304
Imports
125.52 ₹ Cr
0.0043% share
−75.51% YoY
2.81% of Sub-Ch. 7304
Balance
−32.50
Exports
22.02 ₹ Cr
0.0007% share
−9.61% YoY
0.69% of Sub-Ch. 7304
Imports
54.52 ₹ Cr
0.0012% share
−56.56% YoY
0.97% of Sub-Ch. 7304
Balance
+10.71
Exports
61.15 ₹ Cr
0.0017% share
+177.70% YoY
0.98% of Sub-Ch. 7304
Imports
50.44 ₹ Cr
0.0009% share
−7.48% YoY
0.81% of Sub-Ch. 7304
Balance
+9.72
Exports
107.41 ₹ Cr
0.0030% share
+75.65% YoY
2.36% of Sub-Ch. 7304
Imports
97.69 ₹ Cr
0.0017% share
+93.68% YoY
1.58% of Sub-Ch. 7304
Balance
+11.28
Exports
64.83 ₹ Cr
0.0018% share
−39.64% YoY
1.60% of Sub-Ch. 7304
Imports
53.55 ₹ Cr
0.0009% share
−45.18% YoY
0.67% of Sub-Ch. 7304
Balance
−173.26
Exports
25.92 ₹ Cr
0.0007% share
−60.02% YoY
0.55% of Sub-Ch. 7304
Imports
199.18 ₹ Cr
0.0029% share
+271.95% YoY
2.54% of Sub-Ch. 7304
CAGR · 8-Year
Exports
−6.69% /yr
Imports
−10.87% /yr
reference, FY 2025-26
Export
₹4,685.89 Cr
Import
₹7,855.41 Cr
Trade Balance
−3,169.52
Key Trade Insights: HSN Code 73042390 Export-Import Analysis
Export Decline: −6.69% CAGR Over 8 Years
India's exports under HSN Code 73042390 have declined at a compound annual rate of −6.69% over 8 fiscal years, falling from ₹42.10 Crore in FY 2018-19 to ₹25.92 Crore in FY 2025-26.
HSN Code 73042390 Ranked #4690 Among All 12872 HSN codes by Export Value
In FY 2025-26, HSN Code 73042390 ranks #4690 out of 12872 HSN codes by total export value. Within Sub-Chapter 7304, it ranks #16 of 39. By trade surplus, it ranks #11285 of 12872.
FY 2022-23 Was the Strongest Growth Year for HSN Code 73042390 Exports
The strongest single-year export movement for HSN Code 73042390 was recorded in FY 2022-23, when exports surged by 177.70% over the prior year.
India Records a Trade Deficit of ₹173.26 Crore in HSN Code 73042390 Goods
In FY 2025-26, India's imports of ₹199.18 Cr exceeded exports of ₹25.92 Cr, resulting in a trade deficit of ₹173.26 Crore — ranking #11285 of 12872 by surplus magnitude.
Import Growth of −10.87% CAGR Signals Stable Import Dependency for Other Seamless Non-Stainless Steel Drill Pipe
India's imports under HSN Code 73042390 have grown at −10.87% CAGR, reaching ₹199.18 Crore in FY 2025-26.
HSN Code 73042390 Contributes 0.55% of Sub-Chapter 7304 Exports — Ranked #16
Among the 39 HSN codes under Sub-Chapter 7304, HSN Code 73042390 ranks #16 by export value — accounting for 0.55% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 2.54% share (rank #11).
Frequently Asked Questions
Clear answers to common queries about HSN Code 73042390 and GST compliance.
What products are classified under HSN 73042390 ?
It includes Other Casing/Tubing/Drill Pipe
How much GST applies to Other Seamless Non-Stainless Steel Drill Pipe?
Under HSN 73042390, Other Seamless Non-Stainless Steel Drill Pipe attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Can we claim ITC on inputs used to trade Other Seamless Non-Stainless Steel Drill Pipe?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Does packaging or labelling change the GST for Other Seamless Non-Stainless Steel Drill Pipe?
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 should mixed supplies be billed when Other Seamless Non-Stainless Steel Drill Pipe is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Seamless Non-Stainless Steel Drill Pipe; Nil for exempt items if applicable).
Do e‑way bill and e‑invoice apply for Other Seamless Non-Stainless Steel Drill Pipe?
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.
Any common misclassification issue with Other Seamless Non-Stainless Steel Drill Pipe?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.