HSN Code 73043111: Iron Pipes (≤114.3mm)

HSN Code 73043111 represents Iron Pipes (≤114.3mm) under GST classification. This code helps businesses identify Iron Pipes (≤114.3mm) correctly for billing, taxation, and trade. With HSN Code 73043111, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Iron Pipes (≤114.3mm).

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Description of Goods for HSN Code 73043111

HSN Code 73043111 relates to the following description.

Description of Goods

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

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 73043111 not include?

Iron Pipes (≤114.3mm) 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: 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: 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 73043111 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

₹3 Cr

−58.76% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹27 Cr

+259.65% vs FY 2023-24

0.0004% of India’s total imports

Trade Balance

FY 2024-25

−₹24 Cr

Trade Deficit

Surplus rank #9669 of 12657 HSN codes

% of Sub-Chapter 7304

FY 2024-25

0.07%

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

Import side: 0.34% of Sub-Chapter 7304’s imports

Rank Within Sub-Chapter 7304

FY 2024-25

#27 of 39

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

Import-side rank: #27 of 39

At a glance

27.68%

Export CAGR

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

#7291

National Export Rank

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

+328.57%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.07%

Contribution to Sub-Ch. 7304

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #8000

Balance

−16.78

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.03% of Sub-Ch. 7304

Imports

17.41 ₹ Cr

0.0005% share

YoY

0.25% of Sub-Ch. 7304

FY 2019-20 Exp. Rank #7161

Balance

−9.96

Exports

1.59 ₹ Cr

0.0001% share

+152.38% YoY

0.07% of Sub-Ch. 7304

Imports

11.55 ₹ Cr

0.0003% share

−33.66% YoY

0.17% of Sub-Ch. 7304

FY 2020-21 Exp. Rank #8056

Balance

−2.08

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−60.38% YoY

0.04% of Sub-Ch. 7304

Imports

2.71 ₹ Cr

0.0001% share

−76.54% YoY

0.06% of Sub-Ch. 7304

FY 2021-22 Exp. Rank #7007

Balance

−6.76

Exports

2.70 ₹ Cr

0.0001% share

+328.57% YoY

0.08% of Sub-Ch. 7304

Imports

9.46 ₹ Cr

0.0002% share

+249.08% YoY

0.17% of Sub-Ch. 7304

FY 2022-23 Exp. Rank #6730

Balance

−17.16

Exports

3.85 ₹ Cr

0.0001% share

+42.59% YoY

0.06% of Sub-Ch. 7304

Imports

21.01 ₹ Cr

0.0004% share

+122.09% YoY

0.34% of Sub-Ch. 7304

FY 2023-24 Exp. Rank #6226

Balance

−0.79

Exports

6.62 ₹ Cr

0.0002% share

+71.95% YoY

0.15% of Sub-Ch. 7304

Imports

7.41 ₹ Cr

0.0001% share

−64.73% YoY

0.12% of Sub-Ch. 7304

FY 2024-25 Exp. Rank #7291

Balance

−23.92

Exports

2.73 ₹ Cr

0.0001% share

−58.76% YoY

0.07% of Sub-Ch. 7304

Imports

26.65 ₹ Cr

0.0004% share

+259.65% YoY

0.34% of Sub-Ch. 7304

CAGR · 7-Year

Exports

27.68% /yr

Imports

7.35% /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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 73043111 and GST compliance.

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.

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.