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HSN Code 73042990: Other Seamless Non-Stainless Steel Casing and Tubing for Oil or Gas Drilling
HSN Code 73042990 represents Other Seamless Non-Stainless Steel Casing and Tubing for Oil or Gas Drilling under GST classification. This code helps businesses identify Other Seamless Non-Stainless Steel Casing and Tubing for Oil or Gas Drilling correctly for billing, taxation, and trade. With HSN Code 73042990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Seamless Non-Stainless Steel Casing and Tubing for Oil or Gas Drilling.
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Description of Goods for HSN Code 73042990
HSN Code 73042990 relates to the following description.
What does HSN Code 73042990 not include?
Other Seamless Non-Stainless Steel Casing and Tubing for Oil or Gas Drilling 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 stainless steel
Casing, tubing and drill pipe, of a kind used in drilling for oil or gas: Other: 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: 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 stainless steel
Casing, tubing and drill pipe, of a kind used in drilling for oil or gas: Other: 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: 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 73042990 in FY 2025-26
India’s Exports
FY 2025-26₹223 Cr
0.0057% of India’s total exports
India’s Imports
FY 2025-26₹105 Cr
0.0015% of India’s total imports
Trade Balance
FY 2025-26₹118 Cr
Surplus rank #1566 of 12872 HSN codes
% of Sub-Chapter 7304
FY 2025-264.76%
Share of Sub-Chapter 7304’s total exports in FY 2025-26
Import side: 1.34% of Sub-Chapter 7304’s imports
Rank Within Sub-Chapter 7304
FY 2025-26#5 of 39
Position by export value among HSN codes in Sub-Chapter 7304
Import-side rank: #19 of 39
At a glance
13.75%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#1845
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+594.44%
Peak Growth Year
FY 2022-23 · strongest single-year move
4.76%
Contribution to Sub-Ch. 7304
Share of Sub-Chapter 7304 exports in FY 2025-26
India Export-Import Trade Statistics for HSN Code 73042990
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−509.97
Exports
90.57 ₹ Cr
0.0040% share
— YoY
3.66% of Sub-Ch. 7304
Imports
600.54 ₹ Cr
0.0168% share
— YoY
8.75% of Sub-Ch. 7304
Balance
−792.53
Exports
117.10 ₹ Cr
0.0053% share
+29.29% YoY
5.18% of Sub-Ch. 7304
Imports
909.63 ₹ Cr
0.0272% share
+51.47% YoY
13.03% of Sub-Ch. 7304
Balance
−243.06
Exports
31.84 ₹ Cr
0.0015% share
−72.81% YoY
1.77% of Sub-Ch. 7304
Imports
274.90 ₹ Cr
0.0094% share
−69.78% YoY
6.16% of Sub-Ch. 7304
Balance
−129.42
Exports
206.06 ₹ Cr
0.0066% share
+547.17% YoY
6.44% of Sub-Ch. 7304
Imports
335.48 ₹ Cr
0.0073% share
+22.04% YoY
5.97% of Sub-Ch. 7304
Balance
+944.26
Exports
1,430.97 ₹ Cr
0.0395% share
+594.44% YoY
22.98% of Sub-Ch. 7304
Imports
486.71 ₹ Cr
0.0085% share
+45.08% YoY
7.78% of Sub-Ch. 7304
Balance
−269.78
Exports
226.22 ₹ Cr
0.0063% share
−84.19% YoY
4.97% of Sub-Ch. 7304
Imports
496.00 ₹ Cr
0.0088% share
+1.91% YoY
8.00% of Sub-Ch. 7304
Balance
−405.86
Exports
88.54 ₹ Cr
0.0024% share
−60.86% YoY
2.18% of Sub-Ch. 7304
Imports
494.40 ₹ Cr
0.0081% share
−0.32% YoY
6.22% of Sub-Ch. 7304
Balance
+117.67
Exports
223.15 ₹ Cr
0.0057% share
+152.03% YoY
4.76% of Sub-Ch. 7304
Imports
105.48 ₹ Cr
0.0015% share
−78.67% YoY
1.34% of Sub-Ch. 7304
CAGR · 8-Year
Exports
13.75% /yr
Imports
−22.00% /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 73042990 Export-Import Analysis
Consistent Export Growth: 13.75% CAGR Over 8 Years
India's exports under HSN Code 73042990 have grown at a compound annual rate of 13.75% over 8 fiscal years, rising from ₹90.57 Crore in FY 2018-19 to ₹223.15 Crore in FY 2025-26.
HSN Code 73042990 Ranked #1845 Among All 12872 HSN codes by Export Value
In FY 2025-26, HSN Code 73042990 ranks #1845 out of 12872 HSN codes by total export value. Within Sub-Chapter 7304, it ranks #5 of 39. By trade surplus, it ranks #1566 of 12872.
FY 2022-23 Was the Strongest Growth Year for HSN Code 73042990 Exports
The strongest single-year export movement for HSN Code 73042990 was recorded in FY 2022-23, when exports surged by 594.44% over the prior year.
India Maintains a Trade Surplus of ₹117.67 Crore in HSN Code 73042990 Goods
In FY 2025-26, India's exports of ₹223.15 Cr exceeded imports of ₹105.48 Cr, resulting in a trade surplus of ₹117.67 Crore — ranking #1566 of 12872 by surplus magnitude.
Import Growth of −22.00% CAGR Signals Stable Import Dependency for Other Seamless Non-Stainless Steel Casing and Tubing for Oil or Gas Drilling
India's imports under HSN Code 73042990 have grown at −22.00% CAGR, reaching ₹105.48 Crore in FY 2025-26.
HSN Code 73042990 Contributes 4.76% of Sub-Chapter 7304 Exports — Ranked #5
Among the 39 HSN codes under Sub-Chapter 7304, HSN Code 73042990 ranks #5 by export value — accounting for 4.76% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 1.34% share (rank #19).
Frequently Asked Questions
Clear answers to common queries about HSN Code 73042990 and GST compliance.
What products are classified under HSN 73042990 ?
It includes Cold-Drawn/Rolled Iron Bars (>114.3-219.1mm)
How much GST applies to Other Seamless Non-Stainless Steel Casing and Tubing for Oil or Gas Drilling?
Under HSN 73042990, Other Seamless Non-Stainless Steel Casing and Tubing for Oil or Gas Drilling attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Does packaging or labelling change the GST for Other Seamless Non-Stainless Steel Casing and Tubing for Oil or Gas Drilling?
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.
Any common misclassification issue with Other Seamless Non-Stainless Steel Casing and Tubing for Oil or Gas Drilling?
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 Seamless Non-Stainless Steel Casing and Tubing for Oil or Gas Drilling?
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 Seamless Non-Stainless Steel Casing and Tubing for Oil or Gas Drilling 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 Casing and Tubing for Oil or Gas Drilling; Nil for exempt items if applicable).