HSN Code 73045910: Alloy Steel Circular Sections: Diameter up to 114.3 mm

HSN Code 73045910 represents Alloy Steel Circular Sections: Diameter up to 114.3 mm under GST classification. This code helps businesses identify Alloy Steel Circular Sections: Diameter up to 114.3 mm correctly for billing, taxation, and trade. With HSN Code 73045910, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Alloy Steel Circular Sections: Diameter up to 114.3 mm.

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Description of Goods for HSN Code 73045910

HSN Code 73045910 relates to the following description.

Description of Goods

Other, of circular cross section,of alloy steel: Other: Up to 114.3 mm 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 73045910 not include?

Alloy Steel Circular Sections: Diameter up to 114.3 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 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: 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 73045910 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

₹36 Cr

+129.22% vs FY 2023-24

0.0010% of India’s total exports

India’s Imports

FY 2024-25

₹230 Cr

+1.35% vs FY 2023-24

0.0038% of India’s total imports

Trade Balance

FY 2024-25

−₹194 Cr

Trade Deficit

Surplus rank #11296 of 12657 HSN codes

% of Sub-Chapter 7304

FY 2024-25

0.90%

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

Import side: 2.90% of Sub-Chapter 7304’s imports

Rank Within Sub-Chapter 7304

FY 2024-25

#13 of 39

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

Import-side rank: #8 of 39

At a glance

−7.03%

Export CAGR

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

#4049

National Export Rank

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

+129.22%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.90%

Contribution to Sub-Ch. 7304

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

India Export-Import Trade Statistics for HSN Code 73045910

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 #2702

Balance

−262.97

Exports

56.36 ₹ Cr

0.0025% share

YoY

2.27% of Sub-Ch. 7304

Imports

319.33 ₹ Cr

0.0089% share

YoY

4.65% of Sub-Ch. 7304

FY 2019-20 Exp. Rank #3490

Balance

−64.24

Exports

32.71 ₹ Cr

0.0015% share

−41.96% YoY

1.45% of Sub-Ch. 7304

Imports

96.95 ₹ Cr

0.0029% share

−69.64% YoY

1.39% of Sub-Ch. 7304

FY 2020-21 Exp. Rank #3367

Balance

−70.83

Exports

37.13 ₹ Cr

0.0017% share

+13.51% YoY

2.07% of Sub-Ch. 7304

Imports

107.96 ₹ Cr

0.0037% share

+11.36% YoY

2.42% of Sub-Ch. 7304

FY 2021-22 Exp. Rank #4929

Balance

−122.75

Exports

15.61 ₹ Cr

0.0005% share

−57.96% YoY

0.49% of Sub-Ch. 7304

Imports

138.36 ₹ Cr

0.0030% share

+28.16% YoY

2.46% of Sub-Ch. 7304

FY 2022-23 Exp. Rank #4902

Balance

−189.61

Exports

16.78 ₹ Cr

0.0005% share

+7.50% YoY

0.27% of Sub-Ch. 7304

Imports

206.39 ₹ Cr

0.0036% share

+49.17% YoY

3.30% of Sub-Ch. 7304

FY 2023-24 Exp. Rank #5092

Balance

−211.19

Exports

15.88 ₹ Cr

0.0004% share

−5.36% YoY

0.35% of Sub-Ch. 7304

Imports

227.07 ₹ Cr

0.0040% share

+10.02% YoY

3.66% of Sub-Ch. 7304

FY 2024-25 Exp. Rank #4049

Balance

−193.73

Exports

36.40 ₹ Cr

0.0010% share

+129.22% YoY

0.90% of Sub-Ch. 7304

Imports

230.13 ₹ Cr

0.0038% share

+1.35% YoY

2.90% of Sub-Ch. 7304

CAGR · 7-Year

Exports

−7.03% /yr

Imports

−5.31% /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 73045910 Export-Import Analysis

Export Decline: −7.03% CAGR Over 7 Years

India's exports under HSN Code 73045910 have declined at a compound annual rate of −7.03% over 7 fiscal years, falling from ₹56.36 Crore in FY 2018-19 to ₹36.40 Crore in FY 2024-25.

HSN Code 73045910 Ranked #4049 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 73045910 ranks #4049 out of 12657 HSN codes by total export value. Within Sub-Chapter 7304, it ranks #13 of 39. By trade surplus, it ranks #11296 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 73045910 Exports

The strongest single-year export movement for HSN Code 73045910 was recorded in FY 2024-25, when exports surged by 129.22% over the prior year.

India Records a Trade Deficit of ₹193.73 Crore in HSN Code 73045910 Goods

In FY 2024-25, India's imports of ₹230.13 Cr exceeded exports of ₹36.40 Cr, resulting in a trade deficit of ₹193.73 Crore — ranking #11296 of 12657 by surplus magnitude.

Import Growth of −5.31% CAGR Signals Stable Import Dependency for Alloy Steel Circular Sections: Diameter up to 114.3 mm

India's imports under HSN Code 73045910 have grown at −5.31% CAGR, reaching ₹230.13 Crore in FY 2024-25.

HSN Code 73045910 Contributes 0.90% of Sub-Chapter 7304 Exports — Ranked #13

Among the 39 HSN codes under Sub-Chapter 7304, HSN Code 73045910 ranks #13 by export value — accounting for 0.90% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.90% share (rank #8).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 73045910 and GST compliance.

What products are classified under HSN 73045910 ?

It includes Alloy steel: Circular cross section: Other

How should mixed supplies be billed when Alloy Steel Circular Sections: Diameter up to 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 Alloy Steel Circular Sections: Diameter up to 114.3 mm; Nil for exempt items if applicable).

Any common misclassification issue with Alloy Steel Circular Sections: Diameter up to 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 Alloy Steel Circular Sections: Diameter up to 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.

Does packaging or labelling change the GST for Alloy Steel Circular Sections: Diameter up to 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.

How much GST applies to Alloy Steel Circular Sections: Diameter up to 114.3 mm?

Under HSN 73045910, Alloy Steel Circular Sections: Diameter up to 114.3 mm 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.