HSN Code 73045120: Cold-Drawn Alloy Steel (114.3 mm – 219.1 mm)

HSN Code 73045120 represents Cold-Drawn Alloy Steel (114.3 mm – 219.1 mm) under GST classification. This code helps businesses identify Cold-Drawn Alloy Steel (114.3 mm – 219.1 mm) correctly for billing, taxation, and trade. With HSN Code 73045120, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cold-Drawn Alloy Steel (114.3 mm – 219.1 mm).

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Description of Goods for HSN Code 73045120

HSN Code 73045120 relates to the following description.

Description of Goods

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

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 73045120 not include?

Cold-Drawn Alloy Steel (114.3 mm – 219.1 mm) 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 : 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 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 73045120 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

−56.93% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹4 Cr

−63.01% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹1 Cr

Trade Deficit

Surplus rank #7985 of 12657 HSN codes

% of Sub-Chapter 7304

FY 2024-25

0.08%

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

Import side: 0.06% of Sub-Chapter 7304’s imports

Rank Within Sub-Chapter 7304

FY 2024-25

#24 of 39

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

Import-side rank: #31 of 39

At a glance

−10.58%

Export CAGR

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

#7120

National Export Rank

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

+180.90%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.08%

Contribution to Sub-Ch. 7304

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

India Export-Import Trade Statistics for HSN Code 73045120

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 #5566

Balance

+2.71

Exports

6.32 ₹ Cr

0.0003% share

YoY

0.26% of Sub-Ch. 7304

Imports

3.61 ₹ Cr

0.0001% share

YoY

0.05% of Sub-Ch. 7304

FY 2019-20 Exp. Rank #5821

Balance

−11.95

Exports

5.15 ₹ Cr

0.0002% share

−18.51% YoY

0.23% of Sub-Ch. 7304

Imports

17.10 ₹ Cr

0.0005% share

+373.68% YoY

0.25% of Sub-Ch. 7304

FY 2020-21 Exp. Rank #5860

Balance

+0.90

Exports

5.35 ₹ Cr

0.0002% share

+3.88% YoY

0.30% of Sub-Ch. 7304

Imports

4.45 ₹ Cr

0.0002% share

−73.98% YoY

0.10% of Sub-Ch. 7304

FY 2021-22 Exp. Rank #6799

Balance

+0.31

Exports

3.35 ₹ Cr

0.0001% share

−37.38% YoY

0.10% of Sub-Ch. 7304

Imports

3.04 ₹ Cr

0.0001% share

−31.69% YoY

0.05% of Sub-Ch. 7304

FY 2022-23 Exp. Rank #5707

Balance

+2.37

Exports

9.41 ₹ Cr

0.0003% share

+180.90% YoY

0.15% of Sub-Ch. 7304

Imports

7.04 ₹ Cr

0.0001% share

+131.58% YoY

0.11% of Sub-Ch. 7304

FY 2023-24 Exp. Rank #6072

Balance

−4.53

Exports

7.50 ₹ Cr

0.0002% share

−20.30% YoY

0.16% of Sub-Ch. 7304

Imports

12.03 ₹ Cr

0.0002% share

+70.88% YoY

0.19% of Sub-Ch. 7304

FY 2024-25 Exp. Rank #7120

Balance

−1.22

Exports

3.23 ₹ Cr

0.0001% share

−56.93% YoY

0.08% of Sub-Ch. 7304

Imports

4.45 ₹ Cr

0.0001% share

−63.01% YoY

0.06% of Sub-Ch. 7304

CAGR · 7-Year

Exports

−10.58% /yr

Imports

3.55% /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 73045120 Export-Import Analysis

Export Decline: −10.58% CAGR Over 7 Years

India's exports under HSN Code 73045120 have declined at a compound annual rate of −10.58% over 7 fiscal years, falling from ₹6.32 Crore in FY 2018-19 to ₹3.23 Crore in FY 2024-25.

HSN Code 73045120 Ranked #7120 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 73045120 ranks #7120 out of 12657 HSN codes by total export value. Within Sub-Chapter 7304, it ranks #24 of 39. By trade surplus, it ranks #7985 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 73045120 Exports

The strongest single-year export movement for HSN Code 73045120 was recorded in FY 2022-23, when exports surged by 180.90% over the prior year.

India Records a Trade Deficit of ₹1.22 Crore in HSN Code 73045120 Goods

In FY 2024-25, India's imports of ₹4.45 Cr exceeded exports of ₹3.23 Cr, resulting in a trade deficit of ₹1.22 Crore — ranking #7985 of 12657 by surplus magnitude.

Import Growth of 3.55% CAGR Signals Stable Import Dependency for Cold-Drawn Alloy Steel (114.3 mm – 219.1 mm)

India's imports under HSN Code 73045120 have grown at 3.55% CAGR, reaching ₹4.45 Crore in FY 2024-25.

HSN Code 73045120 Contributes 0.08% of Sub-Chapter 7304 Exports — Ranked #24

Among the 39 HSN codes under Sub-Chapter 7304, HSN Code 73045120 ranks #24 by export value — accounting for 0.08% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.06% share (rank #31).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 73045120 and GST compliance.

What products are classified under HSN 73045120 ?

It includes Alloy Steel Pipes 114.3-219.1 mm

How should mixed supplies be billed when Cold-Drawn Alloy Steel (114.3 mm – 219.1 mm) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Cold-Drawn Alloy Steel (114.3 mm – 219.1 mm); Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Cold-Drawn Alloy Steel (114.3 mm – 219.1 mm)?

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 Alloy Steel (114.3 mm – 219.1 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.

Does packaging or labelling change the GST for Cold-Drawn Alloy Steel (114.3 mm – 219.1 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.

Any common misclassification issue with Cold-Drawn Alloy Steel (114.3 mm – 219.1 mm)?

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.