HSN Code 73042910: Other Casing & Tubing – Iron

HSN Code 73042910 represents Other Casing & Tubing – Iron under GST classification. This code helps businesses identify Other Casing & Tubing – Iron correctly for billing, taxation, and trade. With HSN Code 73042910, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Casing & Tubing – Iron.

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Description of Goods for HSN Code 73042910

HSN Code 73042910 relates to the following description.

Description of Goods

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

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 73042910 not include?

Other Casing & Tubing – 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: 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: 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 73042910 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

₹7 Cr

+93.10% vs FY 2023-24

0.0002% of India’s total exports

India’s Imports

FY 2024-25

₹158 Cr

+104.46% vs FY 2023-24

0.0026% of India’s total imports

Trade Balance

FY 2024-25

−₹151 Cr

Trade Deficit

Surplus rank #11102 of 12657 HSN codes

% of Sub-Chapter 7304

FY 2024-25

0.18%

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

Import side: 1.99% of Sub-Chapter 7304’s imports

Rank Within Sub-Chapter 7304

FY 2024-25

#19 of 39

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

Import-side rank: #12 of 39

At a glance

29.69%

Export CAGR

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

#6172

National Export Rank

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

+855.98%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.18%

Contribution to Sub-Ch. 7304

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

India Export-Import Trade Statistics for HSN Code 73042910

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 #7221

Balance

−73.71

Exports

1.53 ₹ Cr

0.0001% share

YoY

0.06% of Sub-Ch. 7304

Imports

75.24 ₹ Cr

0.0021% share

YoY

1.10% of Sub-Ch. 7304

FY 2019-20 Exp. Rank #8373

Balance

−75.62

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−73.86% YoY

0.02% of Sub-Ch. 7304

Imports

76.02 ₹ Cr

0.0023% share

+1.04% YoY

1.09% of Sub-Ch. 7304

FY 2020-21 Exp. Rank #6722

Balance

−136.10

Exports

2.53 ₹ Cr

0.0001% share

+532.50% YoY

0.14% of Sub-Ch. 7304

Imports

138.63 ₹ Cr

0.0048% share

+82.36% YoY

3.11% of Sub-Ch. 7304

FY 2021-22 Exp. Rank #7269

Balance

−66.55

Exports

2.09 ₹ Cr

0.0001% share

−17.39% YoY

0.07% of Sub-Ch. 7304

Imports

68.64 ₹ Cr

0.0015% share

−50.49% YoY

1.22% of Sub-Ch. 7304

FY 2022-23 Exp. Rank #4672

Balance

−65.46

Exports

19.98 ₹ Cr

0.0006% share

+855.98% YoY

0.32% of Sub-Ch. 7304

Imports

85.44 ₹ Cr

0.0015% share

+24.48% YoY

1.37% of Sub-Ch. 7304

FY 2023-24 Exp. Rank #6902

Balance

−73.40

Exports

3.77 ₹ Cr

0.0001% share

−81.13% YoY

0.08% of Sub-Ch. 7304

Imports

77.17 ₹ Cr

0.0014% share

−9.68% YoY

1.24% of Sub-Ch. 7304

FY 2024-25 Exp. Rank #6172

Balance

−150.50

Exports

7.28 ₹ Cr

0.0002% share

+93.10% YoY

0.18% of Sub-Ch. 7304

Imports

157.78 ₹ Cr

0.0026% share

+104.46% YoY

1.99% of Sub-Ch. 7304

CAGR · 7-Year

Exports

29.69% /yr

Imports

13.14% /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 73042910 Export-Import Analysis

Consistent Export Growth: 29.69% CAGR Over 7 Years

India's exports under HSN Code 73042910 have grown at a compound annual rate of 29.69% over 7 fiscal years, rising from ₹1.53 Crore in FY 2018-19 to ₹7.28 Crore in FY 2024-25.

HSN Code 73042910 Ranked #6172 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 73042910 ranks #6172 out of 12657 HSN codes by total export value. Within Sub-Chapter 7304, it ranks #19 of 39. By trade surplus, it ranks #11102 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 73042910 Exports

The strongest single-year export movement for HSN Code 73042910 was recorded in FY 2022-23, when exports surged by 855.98% over the prior year.

India Records a Trade Deficit of ₹150.50 Crore in HSN Code 73042910 Goods

In FY 2024-25, India's imports of ₹157.78 Cr exceeded exports of ₹7.28 Cr, resulting in a trade deficit of ₹150.50 Crore — ranking #11102 of 12657 by surplus magnitude.

Import Growth of 13.14% CAGR Signals Rising Demand for Other Casing & Tubing – Iron

India's imports under HSN Code 73042910 have grown at 13.14% CAGR, reaching ₹157.78 Crore in FY 2024-25.

HSN Code 73042910 Contributes 0.18% of Sub-Chapter 7304 Exports — Ranked #19

Among the 39 HSN codes under Sub-Chapter 7304, HSN Code 73042910 ranks #19 by export value — accounting for 0.18% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.99% share (rank #12).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 73042910 and GST compliance.

What products are classified under HSN 73042910 ?

It includes Other Cold-Drawn Steel (<= 114.3 mm)

Any common misclassification issue with Other Casing & Tubing – Iron?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Can we claim ITC on inputs used to trade Other Casing & Tubing – Iron?

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

How should mixed supplies be billed when Other Casing & Tubing – Iron is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Casing & Tubing – Iron; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Other Casing & Tubing – 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.

Does packaging or labelling change the GST for Other Casing & Tubing – 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.

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.