--- title: "HSN Code for Casing & Tubing for Oil/Gas Drilling: Of Iron | HSN 73062911 GST Rate" description: "Find HSN and GST Rates for 73062911 related to Casing & Tubing for Oil/Gas Drilling: Of Iron with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-73062911/" --- # HSN Code 73062911: Casing & Tubing for Oil/Gas Drilling: Of Iron - [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 7306: Iron & steel pipes & tubes](https://busy.in/hsn/sub-chapter-7306/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Casing and tubing of a kind used in drilling for oil or gas: Other: Of iron | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 73062911 ? It includes Welded Circular Iron & Steel Tubes: Other Types ### Does packaging or labelling change the GST for Casing & Tubing for Oil/Gas Drilling: Of Iron? 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 should mixed supplies be billed when Casing & Tubing for Oil/Gas Drilling: Of Iron is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Casing & Tubing for Oil/Gas Drilling: Of Iron; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Casing & Tubing for Oil/Gas Drilling: Of Iron? 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 Casing & Tubing for Oil/Gas Drilling: Of Iron? 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 Casing & Tubing for Oil/Gas Drilling: Of Iron? Under HSN 73062911, Casing & Tubing for Oil/Gas Drilling: Of Iron attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 73062911 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹2 Cr (−23.99% YoY) — 0.0001% of India's total exports - Imports: < ₹1 Crore (−96.67% YoY) — 0.0000% of India's total imports - Trade balance: ₹2 Cr (Surplus); surplus rank #4215 of 12657 HSN codes - Share of Sub-Chapter 7306: 0.03% of its exports; import side 0.00% - Rank within Sub-Chapter 7306: #16 of 25 by export value; import-side #16 ### Key metrics - Export CAGR: 2.66% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7570 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +116.26% in FY 2020-21 - Contribution to Sub-Ch. 7306: 0.03% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 73062911 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. 7306 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7306 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 1.76 | 0.0001% | — | 0.04% | < ₹1 Crore | 0.0000% | — | 0.00% | +1.75 | #7084 | | FY 2019-20 | 1.23 | 0.0001% | −30.11% | 0.03% | < ₹1 Crore | 0.0000% | +200.00% | 0.00% | +1.20 | #7398 | | FY 2020-21 | 2.66 | 0.0001% | +116.26% | 0.08% | < ₹1 Crore | 0.0000% | +2,533.33% | 0.04% | +1.87 | #6679 | | FY 2021-22 | 3.10 | 0.0001% | +16.54% | 0.05% | < ₹1 Crore | 0.0000% | −81.01% | 0.01% | +2.95 | #6876 | | FY 2022-23 | 3.05 | 0.0001% | −1.61% | 0.05% | Nil | 0.0000% | −100.00% | 0.00% | +3.05 | #6987 | | FY 2023-24 | 2.71 | 0.0001% | −11.15% | 0.04% | < ₹1 Crore | 0.0000% | — | 0.04% | +1.81 | #7252 | | FY 2024-25 | 2.06 | 0.0001% | −23.99% | 0.03% | < ₹1 Crore | 0.0000% | −96.67% | 0.00% | +2.03 | #7570 | - CAGR (7-year): exports 2.66%/yr, imports 20.09%/yr (consistently Surplus) ## Key trade insights: HSN Code 73062911 export-import analysis ### Consistent export growth: 2.66% CAGR over 7 years India's exports under HSN Code 73062911 have grown at a compound annual rate of 2.66% over 7 fiscal years, rising from ₹1.76 Crore in FY 2018-19 to ₹2.06 Crore in FY 2024-25. ### HSN Code 73062911 ranked #7570 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 73062911 ranks #7570 out of 12657 HSN codes by total export value. Within Sub-Chapter 7306, it ranks #16 of 25. By trade surplus, it ranks #4215 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 73062911 exports The strongest single-year export movement for HSN Code 73062911 was recorded in FY 2020-21, when exports surged by 116.26% over the prior year. ### India maintains a trade surplus of ₹2.03 Crore in HSN Code 73062911 goods In FY 2024-25, India's exports of ₹2.06 Cr exceeded imports of ₹0.03 Cr, resulting in a trade surplus of ₹2.03 Crore — ranking #4215 of 12657 by surplus magnitude. ### Import growth of 20.09% CAGR signals rising demand for Casing & Tubing for Oil/Gas Drilling: Of Iron India's imports under HSN Code 73062911 have grown at 20.09% CAGR, reaching ₹0.03 Crore in FY 2024-25. ### HSN Code 73062911 contributes 0.03% of Sub-Chapter 7306 exports — ranked #16 Among the 25 HSN codes under Sub-Chapter 7306, HSN Code 73062911 ranks #16 by export value — accounting for 0.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #16). ## Related HSN Codes in Sub-Chapter 7306 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 73063090: Welded Circular Iron & Steel Tubes: Other Types](https://busy.in/hsn/hsn-73063090/) | ₹2,800 Cr | | #2 | [HSN Code 73064000: Welded, circular cross-section, steel](https://busy.in/hsn/hsn-73064000/) | ₹1,371 Cr | | #3 | [HSN Code 73069019: Other\| Erw Precision Tubes\| Other](https://busy.in/hsn/hsn-73069019/) | ₹531 Cr | | #4 | [HSN Code 73066100: Other, welded, of non-circular cross-section](https://busy.in/hsn/hsn-73066100/) | ₹510 Cr | | #5 | [HSN Code 73061929: Other Non-Galvanised Line Pipes](https://busy.in/hsn/hsn-73061929/) | ₹312 Cr | | #6 | [HSN Code 73069090: Other: Other](https://busy.in/hsn/hsn-73069090/) | ₹217 Cr | | #7 | [HSN Code 73061100: Welded Stainless Steel Line Pipes for Oil and Gas Pipelines](https://busy.in/hsn/hsn-73061100/) | ₹113 Cr | | #8 | [HSN Code 73061919: Other Galvanised Line Pipes](https://busy.in/hsn/hsn-73061919/) | ₹76 Cr | | #9 | [HSN Code 73061921: Non-Galvanised Iron Line Pipes](https://busy.in/hsn/hsn-73061921/) | ₹41 Cr | | #10 | [HSN Code 73063010: Welded, of circular cross-section, of iron or non-alloy steel](https://busy.in/hsn/hsn-73063010/) | ₹40 Cr | | #16 | HSN Code 73062911: Casing & Tubing for Oil/Gas Drilling: Of Iron (this hsn code) | ₹2 Cr |