HSN Code 73043121: Cold-Drawn/Rolled Iron Bars (>114.3-219.1mm)

HSN Code 73043121 represents Cold-Drawn/Rolled Iron Bars (>114.3-219.1mm) under GST classification. This code helps businesses identify Cold-Drawn/Rolled Iron Bars (>114.3-219.1mm) correctly for billing, taxation, and trade. With HSN Code 73043121, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cold-Drawn/Rolled Iron Bars (>114.3-219.1mm).

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 73043121

HSN Code 73043121 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): Above 114.3 mm but up to 219.1 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 73043121 not include?

Cold-Drawn/Rolled Iron Bars (>114.3-219.1mm) 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: 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 : 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 73043121 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

< ₹1 Crore

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹9 Cr

−14.40% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹8 Cr

Trade Deficit

Surplus rank #8952 of 12657 HSN codes

% of Sub-Chapter 7304

FY 2024-25

0.00%

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

Import side: 0.11% of Sub-Chapter 7304’s imports

Rank Within Sub-Chapter 7304

FY 2024-25

#32 of 39

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

Import-side rank: #29 of 39

At a glance

−10.91%

Export CAGR

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

#10437

National Export Rank

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

−100.00%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.00%

Contribution to Sub-Ch. 7304

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

India Export-Import Trade Statistics for HSN Code 73043121

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 #9774

Balance

−1.63

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7304

Imports

1.65 ₹ Cr

0.0000% share

YoY

0.02% of Sub-Ch. 7304

FY 2019-20

Balance

−2.65

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7304

Imports

2.65 ₹ Cr

0.0001% share

+60.61% YoY

0.04% of Sub-Ch. 7304

FY 2020-21

Balance

−1.57

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7304

Imports

1.57 ₹ Cr

0.0001% share

−40.75% YoY

0.04% of Sub-Ch. 7304

FY 2021-22 Exp. Rank #8922

Balance

−2.62

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 7304

Imports

2.93 ₹ Cr

0.0001% share

+86.62% YoY

0.05% of Sub-Ch. 7304

FY 2022-23

Balance

−3.72

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7304

Imports

3.72 ₹ Cr

0.0001% share

+26.96% YoY

0.06% of Sub-Ch. 7304

FY 2023-24

Balance

−9.93

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7304

Imports

9.93 ₹ Cr

0.0002% share

+166.94% YoY

0.16% of Sub-Ch. 7304

FY 2024-25 Exp. Rank #10437

Balance

−8.49

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7304

Imports

8.50 ₹ Cr

0.0001% share

−14.40% YoY

0.11% of Sub-Ch. 7304

CAGR · 7-Year

Exports

−10.91% /yr

Imports

31.42% /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 73043121 Export-Import Analysis

Export Decline: −10.91% CAGR Over 7 Years

India's exports under HSN Code 73043121 have declined at a compound annual rate of −10.91% over 7 fiscal years, falling from ₹0.02 Crore in FY 2018-19 to ₹0.01 Crore in FY 2024-25.

HSN Code 73043121 Ranked #10437 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 73043121 ranks #10437 out of 12657 HSN codes by total export value. Within Sub-Chapter 7304, it ranks #32 of 39. By trade surplus, it ranks #8952 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 73043121 Exports

The strongest single-year export movement for HSN Code 73043121 was recorded in FY 2019-20, when exports declined by 100.00% over the prior year.

India Records a Trade Deficit of ₹8.49 Crore in HSN Code 73043121 Goods

In FY 2024-25, India's imports of ₹8.50 Cr exceeded exports of ₹0.01 Cr, resulting in a trade deficit of ₹8.49 Crore — ranking #8952 of 12657 by surplus magnitude.

Import Growth of 31.42% CAGR Signals Rising Demand for Cold-Drawn/Rolled Iron Bars (>114.3-219.1mm)

India's imports under HSN Code 73043121 have grown at 31.42% CAGR, reaching ₹8.50 Crore in FY 2024-25.

HSN Code 73043121 Contributes 0.00% of Sub-Chapter 7304 Exports — Ranked #32

Among the 39 HSN codes under Sub-Chapter 7304, HSN Code 73043121 ranks #32 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.11% share (rank #29).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 73043121 and GST compliance.

What products are classified under HSN 73043121 ?

It includes Other Steel Pipes (> 219.1 mm)

Does packaging or labelling change the GST for Cold-Drawn/Rolled Iron Bars (>114.3-219.1mm)?

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.

Can we claim ITC on inputs used to trade Cold-Drawn/Rolled Iron Bars (>114.3-219.1mm)?

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

Do e‑way bill and e‑invoice apply for Cold-Drawn/Rolled Iron Bars (>114.3-219.1mm)?

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.

Any common misclassification issue with Cold-Drawn/Rolled Iron Bars (>114.3-219.1mm)?

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

How much GST applies to Cold-Drawn/Rolled Iron Bars (>114.3-219.1mm)?

Under HSN 73043121, Cold-Drawn/Rolled Iron Bars (>114.3-219.1mm) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.