HSN Code 73059021: Other | Erw Precision Tubes

HSN Code 73059021 represents Other | Erw Precision Tubes under GST classification. This code helps businesses identify Other | Erw Precision Tubes correctly for billing, taxation, and trade. With HSN Code 73059021, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Erw Precision Tubes.

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Description of Goods for HSN Code 73059021

HSN Code 73059021 relates to the following description.

Description of Goods

Other : ERW precision tubes : Of iron

Chapter

73 - Articles of iron or steel

Sub Chapter

7305 - Other tubes and pipes (for example, welded, riveted or similarly closed), having circular cross-sections, the external diameter of which exceeds 406.4 mm, of iron or steel

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 73059021 not include?

Other | Erw Precision Tubes does not include products with the following descriptions.

Line pipe of a kind used for oil or gas pipelines : Longitudinally submerged arc welded : Galvanised pipes : Of iron

Line pipe of a kind used for oil or gas pipelines : Longitudinally submerged arc welded : Galvanised pipes : Other

Line pipe of a kind used for oil or gas pipelines : Longitudinally submerged arc welded : Non-galvanised pipes : Of iron

Line pipe of a kind used for oil or gas pipelines : Longitudinally submerged arc welded : Non-galvanised pipes : Other

Line pipe of a kind used for oil or gas pipelines : Other, longitudinally welded : Galvanised pipes : Of iron

Line pipe of a kind used for oil or gas pipelines : Other, longitudinally welded : Galvanised pipes : Other

Line pipe of a kind used for oil or gas pipelines : Other, longitudinally welded : Non-galvanised pipes : Of iron

Line pipe of a kind used for oil or gas pipelines : Other, longitudinally welded : Non-galvanised pipes : Other

Line pipe of a kind used for oil or gas pipelines : Other, longitudinally welded : Other: Galvanised pipes : Of iron

Line pipe of a kind used for oil or gas pipelines : Other, longitudinally welded : Other: Galvanised pipes : Other

Line pipe of a kind used for oil or gas pipelines : Other, longitudinally welded : Other: Non-galvanised (black) pipes : Of iron

Line pipe of a kind used for oil or gas pipelines : Other, longitudinally welded : Other: Non-galvanised (black) pipes : Other

India’s Trade Performance — HSN Code 73059021 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

Nil

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−92.96% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7367 of 12657 HSN codes

% of Sub-Chapter 7305

FY 2024-25

0.00%

Share of Sub-Chapter 7305’s total exports in FY 2024-25

Import side: 0.09% of Sub-Chapter 7305’s imports

At a glance

−100.00%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.00%

Contribution to Sub-Ch. 7305

Share of Sub-Chapter 7305 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 73059021

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

Balance

−1.76

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7305

Imports

1.76 ₹ Cr

0.0000% share

YoY

1.22% of Sub-Ch. 7305

FY 2019-20

Balance

−0.05

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7305

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−97.16% YoY

0.01% of Sub-Ch. 7305

FY 2020-21

Balance

−1.61

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7305

Imports

1.61 ₹ Cr

0.0001% share

+3,120.00% YoY

2.67% of Sub-Ch. 7305

FY 2021-22 Exp. Rank #9149

Balance

+0.22

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 7305

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7305

FY 2022-23

Balance

−18.73

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7305

Imports

18.73 ₹ Cr

0.0003% share

YoY

5.43% of Sub-Ch. 7305

FY 2023-24

Balance

−1.42

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7305

Imports

1.42 ₹ Cr

0.0000% share

−92.42% YoY

0.22% of Sub-Ch. 7305

FY 2024-25

Balance

−0.10

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7305

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−92.96% YoY

0.09% of Sub-Ch. 7305

CAGR · 7-Year

Exports

Imports

−38.00% /yr

Consistently Deficit
Sub-Chapter 7305 total

reference, FY 2024-25

Export

₹8,126.89 Cr

Import

₹110.91 Cr

Trade Balance

+8,015.98

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 73059021 Export-Import Analysis

Export Snapshot for HSN Code 73059021

India exported ₹0.00 Crore worth of Other | Erw Precision Tubes in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2022-23 Was the Strongest Growth Year for HSN Code 73059021 Exports

The strongest single-year export movement for HSN Code 73059021 was recorded in FY 2022-23, when exports declined by 100.00% over the prior year.

India Records a Trade Deficit of ₹0.10 Crore in HSN Code 73059021 Goods

In FY 2024-25, India's imports of ₹0.10 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.10 Crore — ranking #7367 of 12657 by surplus magnitude.

Import Growth of −38.00% CAGR Signals Stable Import Dependency for Other | Erw Precision Tubes

India's imports under HSN Code 73059021 have grown at −38.00% CAGR, reaching ₹0.10 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 73059021 and GST compliance.

What products are classified under HSN 73059021 ?

It includes Other : Other : Other

Can we claim ITC on inputs used to trade Other / Erw Precision Tubes?

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 Other / Erw Precision Tubes?

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 Other / Erw Precision Tubes?

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 Other / Erw Precision Tubes?

Under HSN 73059021, Other / Erw Precision Tubes attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Other / Erw Precision Tubes?

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.

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.