---
title: "HSN Code for Other Cold-Drawn Steel (<= 114.3 mm) | HSN 73043119 GST Rate"
description: "Find HSN and GST Rates for 73043119 related to Other Cold-Drawn Steel (<= 114.3 mm) with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-73043119/"
---

# HSN Code 73043119: Other Cold-Drawn Steel (<= 114.3 mm)

- [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: Other | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 73043119 ?

It includes Cast Iron Pipes (> 219.1 mm)

### How much GST applies to Other Cold-Drawn Steel (<= 114.3 mm)?

Under HSN 73043119, Other Cold-Drawn Steel (<= 114.3 mm) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### How should mixed supplies be billed when Other Cold-Drawn Steel (<= 114.3 mm) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Cold-Drawn Steel (<= 114.3 mm); Nil for exempt items if applicable).

### Any common misclassification issue with Other Cold-Drawn Steel (<= 114.3 mm)?

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

### Do e‑way bill and e‑invoice apply for Other Cold-Drawn Steel (<= 114.3 mm)?

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 Cold-Drawn Steel (<= 114.3 mm)?

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

## India's trade performance: HSN Code 73043119 (FY 2024-25)

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

- Exports: ₹176 Cr (−29.73% YoY) — 0.0048% of India's total exports
- Imports: ₹115 Cr (−54.26% YoY) — 0.0019% of India's total imports
- Trade balance: ₹61 Cr (Surplus); surplus rank #2013 of 12657 HSN codes
- Share of Sub-Chapter 7304: 4.33% of its exports; import side 1.45%
- Rank within Sub-Chapter 7304: #5 of 39 by export value; import-side #17

### Key metrics

- Export CAGR: 4.94% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #1974 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +135.90% in FY 2022-23
- Contribution to Sub-Ch. 7304: 4.33% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 73043119

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 | 131.93 | 0.0058% | — | 5.33% | 101.54 | 0.0028% | — | 1.48% | +30.39 | #1709 |
| FY 2019-20 | 91.34 | 0.0041% | −30.77% | 4.04% | 102.67 | 0.0031% | +1.11% | 1.47% | −11.33 | #2110 |
| FY 2020-21 | 59.03 | 0.0027% | −35.37% | 3.29% | 66.10 | 0.0023% | −35.62% | 1.48% | −7.07 | #2691 |
| FY 2021-22 | 129.78 | 0.0041% | +119.85% | 4.06% | 84.73 | 0.0019% | +28.18% | 1.51% | +45.05 | #2107 |
| FY 2022-23 | 306.15 | 0.0085% | +135.90% | 4.92% | 152.47 | 0.0027% | +79.95% | 2.44% | +153.68 | #1311 |
| FY 2023-24 | 250.71 | 0.0069% | −18.11% | 5.51% | 252.42 | 0.0045% | +65.55% | 4.07% | −1.71 | #1550 |
| FY 2024-25 | 176.17 | 0.0048% | −29.73% | 4.33% | 115.45 | 0.0019% | −54.26% | 1.45% | +60.72 | #1974 |

- CAGR (7-year): exports 4.94%/yr, imports 2.16%/yr (consistently Surplus)

## Key trade insights: HSN Code 73043119 export-import analysis

### Consistent export growth: 4.94% CAGR over 7 years

India's exports under HSN Code 73043119 have grown at a compound annual rate of 4.94% over 7 fiscal years, rising from ₹131.93 Crore in FY 2018-19 to ₹176.17 Crore in FY 2024-25.

### HSN Code 73043119 ranked #1974 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 73043119 ranks #1974 out of 12657 HSN codes by total export value. Within Sub-Chapter 7304, it ranks #5 of 39. By trade surplus, it ranks #2013 of 12657.

### FY 2022-23 was the strongest growth year for HSN Code 73043119 exports

The strongest single-year export movement for HSN Code 73043119 was recorded in FY 2022-23, when exports surged by 135.90% over the prior year.

### India maintains a trade surplus of ₹60.72 Crore in HSN Code 73043119 goods

In FY 2024-25, India's exports of ₹176.17 Cr exceeded imports of ₹115.45 Cr, resulting in a trade surplus of ₹60.72 Crore — ranking #2013 of 12657 by surplus magnitude.

### Import growth of 2.16% CAGR signals stable import dependency for Other Cold-Drawn Steel (<= 114.3 mm)

India's imports under HSN Code 73043119 have grown at 2.16% CAGR, reaching ₹115.45 Crore in FY 2024-25.

### HSN Code 73043119 contributes 4.33% of Sub-Chapter 7304 exports — ranked #5

Among the 39 HSN codes under Sub-Chapter 7304, HSN Code 73043119 ranks #5 by export value — accounting for 4.33% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.45% share (rank #17).

## 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) (this hsn code) | ₹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 |