---
title: "HSN Code for Other Stainless Steel Casing/Tubing/Drill Pipe | HSN 73042400 GST Rate"
description: "Find HSN and GST Rates for 73042400 related to Other Stainless Steel Casing/Tubing/Drill Pipe with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-73042400/"
---

# HSN Code 73042400: Other Stainless Steel Casing/Tubing/Drill Pipe

- [Section 15: Guide to HSN Section 15](https://busy.in/hsn/section-15/)
- [Chapter 73: Articles Made of Iron/Steel](https://busy.in/hsn/chapter-73/)
- [Sub-chapter 7304: Pipe Fittings](https://busy.in/hsn/sub-chapter-7304/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Casing, tubing and drill pipe, of a kind used in drilling for oil or gas: Other, of stainless steel | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 73042400 ?

It includes Iron Pipes (≤114.3mm)

### Do e‑way bill and e‑invoice apply for Other Stainless Steel Casing/Tubing/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.

### Can we claim ITC on inputs used to trade Other Stainless Steel Casing/Tubing/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.

### How much GST applies to Other Stainless Steel Casing/Tubing/Drill Pipe?

Under HSN 73042400, Other Stainless Steel Casing/Tubing/Drill Pipe attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Any common misclassification issue with Other Stainless Steel Casing/Tubing/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.

### Does packaging or labelling change the GST for Other Stainless Steel Casing/Tubing/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 Stainless Steel Casing/Tubing/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 Stainless Steel Casing/Tubing/Drill Pipe; Nil for exempt items if applicable).

## India's trade performance: HSN Code 73042400 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹44 Cr (+26.11% YoY) — 0.0012% of India's total exports
- Imports: ₹221 Cr (+1,623.19% YoY) — 0.0036% of India's total imports
- Trade balance: −₹177 Cr (Deficit); surplus rank #11232 of 12657 HSN codes
- Share of Sub-Chapter 7304: 1.08% of its exports; import side 2.79%
- Rank within Sub-Chapter 7304: #11 of 39 by export value; import-side #9

### Key metrics

- Export CAGR: 39.75% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #3796 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +104.88% in FY 2023-24
- Contribution to Sub-Ch. 7304: 1.08% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 73042400

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 7304 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7304 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 5.90 | 0.0003% | — | 0.24% | 135.90 | 0.0038% | — | 1.98% | −130.00 | #5665 |
| FY 2019-20 | 5.93 | 0.0003% | +0.51% | 0.26% | 157.93 | 0.0047% | +16.21% | 2.26% | −152.00 | #5650 |
| FY 2020-21 | 7.26 | 0.0003% | +22.43% | 0.40% | 49.78 | 0.0017% | −68.48% | 1.12% | −42.52 | #5474 |
| FY 2021-22 | 11.18 | 0.0004% | +53.99% | 0.35% | 16.45 | 0.0004% | −66.95% | 0.29% | −5.27 | #5334 |
| FY 2022-23 | 17.01 | 0.0005% | +52.15% | 0.27% | 119.89 | 0.0021% | +628.81% | 1.92% | −102.88 | #4885 |
| FY 2023-24 | 34.85 | 0.0010% | +104.88% | 0.77% | 12.85 | 0.0002% | −89.28% | 0.21% | +22.00 | #4048 |
| FY 2024-25 | 43.95 | 0.0012% | +26.11% | 1.08% | 221.43 | 0.0036% | +1,623.19% | 2.79% | −177.48 | #3796 |

- CAGR (7-year): exports 39.75%/yr, imports 8.48%/yr (consistently Deficit)

## Key trade insights: HSN Code 73042400 export-import analysis

### Consistent export growth: 39.75% CAGR over 7 years

India's exports under HSN Code 73042400 have grown at a compound annual rate of 39.75% over 7 fiscal years, rising from ₹5.90 Crore in FY 2018-19 to ₹43.95 Crore in FY 2024-25.

### HSN Code 73042400 ranked #3796 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 73042400 ranks #3796 out of 12657 HSN codes by total export value. Within Sub-Chapter 7304, it ranks #11 of 39. By trade surplus, it ranks #11232 of 12657.

### FY 2023-24 was the strongest growth year for HSN Code 73042400 exports

The strongest single-year export movement for HSN Code 73042400 was recorded in FY 2023-24, when exports surged by 104.88% over the prior year.

### India records a trade deficit of ₹177.48 Crore in HSN Code 73042400 goods

In FY 2024-25, India's imports of ₹221.43 Cr exceeded exports of ₹43.95 Cr, resulting in a trade deficit of ₹177.48 Crore — ranking #11232 of 12657 by surplus magnitude.

### Import growth of 8.48% CAGR signals stable import dependency for Other Stainless Steel Casing/Tubing/Drill Pipe

India's imports under HSN Code 73042400 have grown at 8.48% CAGR, reaching ₹221.43 Crore in FY 2024-25.

### HSN Code 73042400 contributes 1.08% of Sub-Chapter 7304 exports — ranked #11

Among the 39 HSN codes under Sub-Chapter 7304, HSN Code 73042400 ranks #11 by export value — accounting for 1.08% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.79% share (rank #9).

## Related HSN Codes in Sub-Chapter 7304

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 73044100: Cold-Drawn/Rolled Stainless Steel Pipes (Circular)](https://busy.in/hsn/hsn-73044100/) | ₹2,163 Cr |
| #2 | [HSN Code 73041910: Line Pipe for Oil & Gas Pipelines: Other Tubes & Pipes](https://busy.in/hsn/hsn-73041910/) | ₹605 Cr |
| #3 | [HSN Code 73049000: Alloy steel: Circular cross section: Other](https://busy.in/hsn/hsn-73049000/) | ₹278 Cr |
| #4 | [HSN Code 73044900: Stainless steel: Other](https://busy.in/hsn/hsn-73044900/) | ₹225 Cr |
| #5 | [HSN Code 73043119: Other Cold-Drawn Steel (<= 114.3 mm)](https://busy.in/hsn/hsn-73043119/) | ₹176 Cr |
| #6 | [HSN Code 73041110: Stainless Steel Line Pipes](https://busy.in/hsn/hsn-73041110/) | ₹101 Cr |
| #7 | [HSN Code 73042990: Other Casing/Tubing/Drill Pipe](https://busy.in/hsn/hsn-73042990/) | ₹89 Cr |
| #8 | [HSN Code 73042390: Other Drill Pipe – Other](https://busy.in/hsn/hsn-73042390/) | ₹65 Cr |
| #9 | [HSN Code 73043919: Non-Alloy Steel Pipes ≤114.3 mm](https://busy.in/hsn/hsn-73043919/) | ₹64 Cr |
| #10 | [HSN Code 73045110: Alloy Steel Pipes (≤114.3mm)](https://busy.in/hsn/hsn-73045110/) | ₹48 Cr |
| #11 | HSN Code 73042400: Other Stainless Steel Casing/Tubing/Drill Pipe (this hsn code) | ₹44 Cr |