---
title: "HSN Code for Iron Pipes (≤114.3mm) | HSN 73043111 GST Rate"
description: "Find HSN and GST Rates for 73043111 related to Iron Pipes (≤114.3mm) with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-73043111/"
---

# HSN Code 73043111: Iron Pipes (≤114.3mm)

- [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 |
| --- | --- | --- | --- | --- |
| 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 | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 73043111 ?

It includes Non-Alloy Steel Pipes (>114.3mm, ≤219.1mm)

### How much GST applies to Iron Pipes (≤114.3mm)?

Under HSN 73043111, Iron Pipes (≤114.3mm) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### How should mixed supplies be billed when Iron Pipes (≤114.3mm) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Iron Pipes (≤114.3mm); Nil for exempt items if applicable).

### Can we claim ITC on inputs used to trade Iron Pipes (≤114.3mm)?

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 Iron Pipes (≤114.3mm)?

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 Iron Pipes (≤114.3mm)?

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

## India's trade performance: HSN Code 73043111 (FY 2024-25)

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

- Exports: ₹3 Cr (−58.76% YoY) — 0.0001% of India's total exports
- Imports: ₹27 Cr (+259.65% YoY) — 0.0004% of India's total imports
- Trade balance: −₹24 Cr (Deficit); surplus rank #9669 of 12657 HSN codes
- Share of Sub-Chapter 7304: 0.07% of its exports; import side 0.34%
- Rank within Sub-Chapter 7304: #27 of 39 by export value; import-side #27

### Key metrics

- Export CAGR: 27.68% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #7291 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +328.57% in FY 2021-22
- Contribution to Sub-Ch. 7304: 0.07% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 73043111

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 | < ₹1 Crore | 0.0000% | — | 0.03% | 17.41 | 0.0005% | — | 0.25% | −16.78 | #8000 |
| FY 2019-20 | 1.59 | 0.0001% | +152.38% | 0.07% | 11.55 | 0.0003% | −33.66% | 0.17% | −9.96 | #7161 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | −60.38% | 0.04% | 2.71 | 0.0001% | −76.54% | 0.06% | −2.08 | #8056 |
| FY 2021-22 | 2.70 | 0.0001% | +328.57% | 0.08% | 9.46 | 0.0002% | +249.08% | 0.17% | −6.76 | #7007 |
| FY 2022-23 | 3.85 | 0.0001% | +42.59% | 0.06% | 21.01 | 0.0004% | +122.09% | 0.34% | −17.16 | #6730 |
| FY 2023-24 | 6.62 | 0.0002% | +71.95% | 0.15% | 7.41 | 0.0001% | −64.73% | 0.12% | −0.79 | #6226 |
| FY 2024-25 | 2.73 | 0.0001% | −58.76% | 0.07% | 26.65 | 0.0004% | +259.65% | 0.34% | −23.92 | #7291 |

- CAGR (7-year): exports 27.68%/yr, imports 7.35%/yr (consistently Deficit)

## Key trade insights: HSN Code 73043111 export-import analysis

### Consistent export growth: 27.68% CAGR over 7 years

India's exports under HSN Code 73043111 have grown at a compound annual rate of 27.68% over 7 fiscal years, rising from ₹0.63 Crore in FY 2018-19 to ₹2.73 Crore in FY 2024-25.

### HSN Code 73043111 ranked #7291 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 73043111 ranks #7291 out of 12657 HSN codes by total export value. Within Sub-Chapter 7304, it ranks #27 of 39. By trade surplus, it ranks #9669 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 73043111 exports

The strongest single-year export movement for HSN Code 73043111 was recorded in FY 2021-22, when exports surged by 328.57% over the prior year.

### India records a trade deficit of ₹23.92 Crore in HSN Code 73043111 goods

In FY 2024-25, India's imports of ₹26.65 Cr exceeded exports of ₹2.73 Cr, resulting in a trade deficit of ₹23.92 Crore — ranking #9669 of 12657 by surplus magnitude.

### Import growth of 7.35% CAGR signals stable import dependency for Iron Pipes (≤114.3mm)

India's imports under HSN Code 73043111 have grown at 7.35% CAGR, reaching ₹26.65 Crore in FY 2024-25.

### HSN Code 73043111 contributes 0.07% of Sub-Chapter 7304 exports — ranked #27

Among the 39 HSN codes under Sub-Chapter 7304, HSN Code 73043111 ranks #27 by export value — accounting for 0.07% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.34% share (rank #27).

## 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 |
| #27 | HSN Code 73043111: Iron Pipes (≤114.3mm) (this hsn code) | ₹3 Cr |