--- title: "HSN Code for Non-Alloy Steel Pipes ≤114.3 mm | HSN 73043919 GST Rate" description: "Find HSN and GST Rates for 73043919 related to Non-Alloy Steel Pipes ≤114.3 mm with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-73043919/" --- # HSN Code 73043919: Non-Alloy Steel Pipes ≤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: Other: Up to 114.3 mm outer diameter: Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 73043919 ? It includes Iron Pipes Above 219.1 mm ### Any common misclassification issue with Non-Alloy Steel Pipes ≤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. ### Does packaging or labelling change the GST for Non-Alloy Steel Pipes ≤114.3 mm? 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 Non-Alloy Steel Pipes ≤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. ### How much GST applies to Non-Alloy Steel Pipes ≤114.3 mm? Under HSN 73043919, Non-Alloy Steel Pipes ≤114.3 mm attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Non-Alloy Steel Pipes ≤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 Non-Alloy Steel Pipes ≤114.3 mm; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Non-Alloy Steel Pipes ≤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. ## India's trade performance: HSN Code 73043919 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹64 Cr (−42.81% YoY) — 0.0017% of India's total exports - Imports: ₹450 Cr (−7.63% YoY) — 0.0074% of India's total imports - Trade balance: −₹386 Cr (Deficit); surplus rank #11738 of 12657 HSN codes - Share of Sub-Chapter 7304: 1.58% of its exports; import side 5.67% - Rank within Sub-Chapter 7304: #9 of 39 by export value; import-side #6 ### Key metrics - Export CAGR: 1.96% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3276 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +200.15% in FY 2022-23 - Contribution to Sub-Ch. 7304: 1.58% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 73043919 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 | 57.12 | 0.0025% | — | 2.31% | 129.60 | 0.0036% | — | 1.89% | −72.48 | #2693 | | FY 2019-20 | 24.24 | 0.0011% | −57.56% | 1.07% | 171.23 | 0.0051% | +32.12% | 2.45% | −146.99 | #3861 | | FY 2020-21 | 14.57 | 0.0007% | −39.89% | 0.81% | 92.18 | 0.0032% | −46.17% | 2.06% | −77.61 | #4614 | | FY 2021-22 | 39.04 | 0.0012% | +167.95% | 1.22% | 71.22 | 0.0016% | −22.74% | 1.27% | −32.18 | #3707 | | FY 2022-23 | 117.18 | 0.0032% | +200.15% | 1.88% | 320.82 | 0.0056% | +350.46% | 5.13% | −203.64 | #2330 | | FY 2023-24 | 112.19 | 0.0031% | −4.26% | 2.46% | 487.62 | 0.0087% | +51.99% | 7.86% | −375.43 | #2429 | | FY 2024-25 | 64.16 | 0.0017% | −42.81% | 1.58% | 450.43 | 0.0074% | −7.63% | 5.67% | −386.27 | #3276 | - CAGR (7-year): exports 1.96%/yr, imports 23.08%/yr (consistently Deficit) ## Key trade insights: HSN Code 73043919 export-import analysis ### Consistent export growth: 1.96% CAGR over 7 years India's exports under HSN Code 73043919 have grown at a compound annual rate of 1.96% over 7 fiscal years, rising from ₹57.12 Crore in FY 2018-19 to ₹64.16 Crore in FY 2024-25. ### HSN Code 73043919 ranked #3276 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 73043919 ranks #3276 out of 12657 HSN codes by total export value. Within Sub-Chapter 7304, it ranks #9 of 39. By trade surplus, it ranks #11738 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 73043919 exports The strongest single-year export movement for HSN Code 73043919 was recorded in FY 2022-23, when exports surged by 200.15% over the prior year. ### India records a trade deficit of ₹386.27 Crore in HSN Code 73043919 goods In FY 2024-25, India's imports of ₹450.43 Cr exceeded exports of ₹64.16 Cr, resulting in a trade deficit of ₹386.27 Crore — ranking #11738 of 12657 by surplus magnitude. ### Import growth of 23.08% CAGR signals rising demand for Non-Alloy Steel Pipes ≤114.3 mm India's imports under HSN Code 73043919 have grown at 23.08% CAGR, reaching ₹450.43 Crore in FY 2024-25. ### HSN Code 73043919 contributes 1.58% of Sub-Chapter 7304 exports — ranked #9 Among the 39 HSN codes under Sub-Chapter 7304, HSN Code 73043919 ranks #9 by export value — accounting for 1.58% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.67% share (rank #6). ## 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 (this hsn code) | ₹64 Cr | | #10 | [HSN Code 73045110: Alloy Steel Pipes (≤114.3mm)](https://busy.in/hsn/hsn-73045110/) | ₹48 Cr |