---
title: "HSN Code for Alloy steel: Circular cross section: Other | HSN 73049000 GST Rate"
description: "Find HSN and GST Rates for 73049000 related to Alloy steel: Circular cross section: Other with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-73049000/"
---

# HSN Code 73049000: Alloy steel: Circular cross section: Other

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

## Frequently asked questions

### What products are classified under HSN 73049000 ?

It includes Non-Galvanised Iron Pipes

### Any common misclassification issue with Alloy steel: Circular cross section: Other?

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 cross section: Other?

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.

### How much GST applies to Alloy steel: Circular cross section: Other?

Under HSN 73049000, Alloy steel: Circular cross section: Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### How should mixed supplies be billed when Alloy steel: Circular cross section: Other 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 cross section: Other; Nil for exempt items if applicable).

### Can we claim ITC on inputs used to trade Alloy steel: Circular cross section: Other?

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

### Does packaging or labelling change the GST for Alloy steel: Circular cross section: Other?

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.

## India's trade performance: HSN Code 73049000 (FY 2024-25)

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

- Exports: ₹278 Cr (−41.02% YoY) — 0.0076% of India's total exports
- Imports: ₹588 Cr (−18.63% YoY) — 0.0097% of India's total imports
- Trade balance: −₹310 Cr (Deficit); surplus rank #11609 of 12657 HSN codes
- Share of Sub-Chapter 7304: 6.85% of its exports; import side 7.40%
- Rank within Sub-Chapter 7304: #3 of 39 by export value; import-side #4

### Key metrics

- Export CAGR: 21.22% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #1512 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +90.21% in FY 2021-22
- Contribution to Sub-Ch. 7304: 6.85% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 73049000

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 | 87.71 | 0.0038% | — | 3.54% | 949.25 | 0.0265% | — | 13.83% | −861.54 | #2166 |
| FY 2019-20 | 159.61 | 0.0073% | +81.97% | 7.06% | 1,201.69 | 0.0359% | +26.59% | 17.21% | −1,042.08 | #1519 |
| FY 2020-21 | 265.91 | 0.0124% | +66.60% | 14.81% | 690.97 | 0.0237% | −42.50% | 15.48% | −425.06 | #1119 |
| FY 2021-22 | 505.80 | 0.0161% | +90.21% | 15.82% | 879.58 | 0.0192% | +27.30% | 15.65% | −373.78 | #856 |
| FY 2022-23 | 569.60 | 0.0157% | +12.61% | 9.15% | 772.89 | 0.0134% | −12.13% | 12.36% | −203.29 | #836 |
| FY 2023-24 | 471.78 | 0.0130% | −17.17% | 10.36% | 722.96 | 0.0129% | −6.46% | 11.66% | −251.18 | #1011 |
| FY 2024-25 | 278.24 | 0.0076% | −41.02% | 6.85% | 588.28 | 0.0097% | −18.63% | 7.40% | −310.04 | #1512 |

- CAGR (7-year): exports 21.22%/yr, imports -7.66%/yr (consistently Deficit)

## Key trade insights: HSN Code 73049000 export-import analysis

### Consistent export growth: 21.22% CAGR over 7 years

India's exports under HSN Code 73049000 have grown at a compound annual rate of 21.22% over 7 fiscal years, rising from ₹87.71 Crore in FY 2018-19 to ₹278.24 Crore in FY 2024-25.

### HSN Code 73049000 ranked #1512 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 73049000 ranks #1512 out of 12657 HSN codes by total export value. Within Sub-Chapter 7304, it ranks #3 of 39. By trade surplus, it ranks #11609 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 73049000 exports

The strongest single-year export movement for HSN Code 73049000 was recorded in FY 2021-22, when exports surged by 90.21% over the prior year.

### India records a trade deficit of ₹310.04 Crore in HSN Code 73049000 goods

In FY 2024-25, India's imports of ₹588.28 Cr exceeded exports of ₹278.24 Cr, resulting in a trade deficit of ₹310.04 Crore — ranking #11609 of 12657 by surplus magnitude.

### Import growth of -7.66% CAGR signals stable import dependency for Alloy steel: Circular cross section: Other

India's imports under HSN Code 73049000 have grown at -7.66% CAGR, reaching ₹588.28 Crore in FY 2024-25.

### HSN Code 73049000 contributes 6.85% of Sub-Chapter 7304 exports — ranked #3

Among the 39 HSN codes under Sub-Chapter 7304, HSN Code 73049000 ranks #3 by export value — accounting for 6.85% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 7.40% share (rank #4).

## 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 (this hsn code) | ₹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](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 |