HSN Code 73042400: Other Stainless Steel Casing/Tubing/Drill Pipe
HSN Code 73042400 represents Other Stainless Steel Casing/Tubing/Drill Pipe under GST classification. This code helps businesses identify Other Stainless Steel Casing/Tubing/Drill Pipe correctly for billing, taxation, and trade. With HSN Code 73042400, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Stainless Steel Casing/Tubing/Drill Pipe.
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Description of Goods for HSN Code 73042400
HSN Code 73042400 relates to the following description.
What does HSN Code 73042400 not include?
Other Stainless Steel Casing/Tubing/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 drill pipe: Other
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 drill pipe: Other
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 73042400 in FY 2024-25
India’s Exports
FY 2024-25₹44 Cr
0.0012% of India’s total exports
India’s Imports
FY 2024-25₹221 Cr
0.0036% of India’s total imports
Trade Balance
FY 2024-25−₹177 Cr
Surplus rank #11232 of 12657 HSN codes
% of Sub-Chapter 7304
FY 2024-251.08%
Share of Sub-Chapter 7304’s total exports in FY 2024-25
Import side: 2.79% of Sub-Chapter 7304’s imports
Rank Within Sub-Chapter 7304
FY 2024-25#11 of 39
Position by export value among HSN codes in Sub-Chapter 7304
Import-side rank: #9 of 39
At a glance
39.75%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3796
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+104.88%
Peak Growth Year
FY 2023-24 · strongest single-year move
1.08%
Contribution to Sub-Ch. 7304
Share of Sub-Chapter 7304 exports in FY 2024-25
India Export-Import Trade Statistics for 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.
Balance
−130.00
Exports
5.90 ₹ Cr
0.0003% share
— YoY
0.24% of Sub-Ch. 7304
Imports
135.90 ₹ Cr
0.0038% share
— YoY
1.98% of Sub-Ch. 7304
Balance
−152.00
Exports
5.93 ₹ Cr
0.0003% share
+0.51% YoY
0.26% of Sub-Ch. 7304
Imports
157.93 ₹ Cr
0.0047% share
+16.21% YoY
2.26% of Sub-Ch. 7304
Balance
−42.52
Exports
7.26 ₹ Cr
0.0003% share
+22.43% YoY
0.40% of Sub-Ch. 7304
Imports
49.78 ₹ Cr
0.0017% share
−68.48% YoY
1.12% of Sub-Ch. 7304
Balance
−5.27
Exports
11.18 ₹ Cr
0.0004% share
+53.99% YoY
0.35% of Sub-Ch. 7304
Imports
16.45 ₹ Cr
0.0004% share
−66.95% YoY
0.29% of Sub-Ch. 7304
Balance
−102.88
Exports
17.01 ₹ Cr
0.0005% share
+52.15% YoY
0.27% of Sub-Ch. 7304
Imports
119.89 ₹ Cr
0.0021% share
+628.81% YoY
1.92% of Sub-Ch. 7304
Balance
+22.00
Exports
34.85 ₹ Cr
0.0010% share
+104.88% YoY
0.77% of Sub-Ch. 7304
Imports
12.85 ₹ Cr
0.0002% share
−89.28% YoY
0.21% of Sub-Ch. 7304
Balance
−177.48
Exports
43.95 ₹ Cr
0.0012% share
+26.11% YoY
1.08% of Sub-Ch. 7304
Imports
221.43 ₹ Cr
0.0036% share
+1,623.19% YoY
2.79% of Sub-Ch. 7304
CAGR · 7-Year
Exports
39.75% /yr
Imports
8.48% /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 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).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 73042400 and GST compliance.
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).