HSN Code 73062911 represents Casing & Tubing for Oil/Gas Drilling: Of Iron under GST classification. This code helps businesses identify Casing & Tubing for Oil/Gas Drilling: Of Iron correctly for billing, taxation, and trade. With HSN Code 73062911, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Casing & Tubing for Oil/Gas Drilling: Of Iron.
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HSN Code 73062911 relates to the following description.
Description of Goods
Casing and tubing of a kind used in drilling for oil or gas: Other: Of iron
Chapter
73 - Articles of iron or steel
Sub Chapter
7306 - Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel
CGST
9%
SGST
9%
IGST
18%
CESS
0%
Casing & Tubing for Oil/Gas Drilling: Of Iron does not include products with the following descriptions.
Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel - line pipe of a kind used for oil or gas pipelines : galvanised pipes : of iron
Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel - line pipe of a kind used for oil or gas pipelines : galvanised pipes : other
Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel - line pipe of a kind used for oil or gas pipelines : non-galvanised pipes : of iron
Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel - line pipe of a kind used for oil or gas pipelines : non-galvanised pipes : other
Line pipe of a kind used for oil or gas pipelines: Welded ,of stainless steel
Line pipe of a kind used for oil or gas pipelines: Other: Galvanised pipes: Of iron
Line pipe of a kind used for oil or gas pipelines: Other: Galvanised pipes: Other
Line pipe of a kind used for oil or gas pipelines: Other: Non galvanised pipes: Of iron
Line pipe of a kind used for oil or gas pipelines: Other: Non galvanised pipes: Other
Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel - casing and tubing of a kind used in drilling for oil or gas : of iron
Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel - casing and tubing of a kind used in drilling for oil or gas : other
Casing and tubing of a kind used in drilling for oil or gas: Welded, of stainless steel
Casing and tubing of a kind used in drilling for oil or gas: Other: Other
Other, welded, of circular cross-section, of iron or non-alloy steel: Of iron
Other, welded, of circular cross-section, of iron or non-alloy steel: Other
Other, welded, of circular cross- section, of stainless steel
Other, welded, of circular cross- section, of other alloy steel
Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel - other, welded, of non-circular cross-section : of iron
Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel - other, welded, of non-circular cross-section : other
Other, welded, of non-circular cross-section: Of square or rectangular- cross- section
Other, welded, of non-circular cross-section: Of other non-circular cross- section
Other: ERW precision tubes: Of iron
Other: ERW precision tubes: Other
Other: Other
Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel - line pipe of a kind used for oil or gas pipelines : galvanised pipes : of iron
Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel - line pipe of a kind used for oil or gas pipelines : galvanised pipes : other
Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel - line pipe of a kind used for oil or gas pipelines : non-galvanised pipes : of iron
Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel - line pipe of a kind used for oil or gas pipelines : non-galvanised pipes : other
Line pipe of a kind used for oil or gas pipelines: Welded ,of stainless steel
Line pipe of a kind used for oil or gas pipelines: Other: Galvanised pipes: Of iron
Line pipe of a kind used for oil or gas pipelines: Other: Galvanised pipes: Other
Line pipe of a kind used for oil or gas pipelines: Other: Non galvanised pipes: Of iron
Line pipe of a kind used for oil or gas pipelines: Other: Non galvanised pipes: Other
Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel - casing and tubing of a kind used in drilling for oil or gas : of iron
Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel - casing and tubing of a kind used in drilling for oil or gas : other
Casing and tubing of a kind used in drilling for oil or gas: Welded, of stainless steel
Casing and tubing of a kind used in drilling for oil or gas: Other: Other
Other, welded, of circular cross-section, of iron or non-alloy steel: Of iron
Other, welded, of circular cross-section, of iron or non-alloy steel: Other
Other, welded, of circular cross- section, of stainless steel
Other, welded, of circular cross- section, of other alloy steel
Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel - other, welded, of non-circular cross-section : of iron
Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel - other, welded, of non-circular cross-section : other
Other, welded, of non-circular cross-section: Of square or rectangular- cross- section
Other, welded, of non-circular cross-section: Of other non-circular cross- section
Other: ERW precision tubes: Of iron
Other: ERW precision tubes: Other
Other: Other
India’s Exports
FY 2024-25₹2 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹2 Cr
Surplus rank #4215 of 12657 HSN codes
% of Sub-Chapter 7306
FY 2024-250.03%
Share of Sub-Chapter 7306’s total exports in FY 2024-25
Import side: 0.00% of Sub-Chapter 7306’s imports
Rank Within Sub-Chapter 7306
FY 2024-25#16 of 25
Position by export value among HSN codes in Sub-Chapter 7306
Import-side rank: #16 of 25
At a glance
2.66%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#7570
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+116.26%
Peak Growth Year
FY 2020-21 · strongest single-year move
0.03%
Contribution to Sub-Ch. 7306
Share of Sub-Chapter 7306 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+1.75
Exports
1.76 ₹ Cr
0.0001% share
— YoY
0.04% of Sub-Ch. 7306
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7306
Balance
+1.20
Exports
1.23 ₹ Cr
0.0001% share
−30.11% YoY
0.03% of Sub-Ch. 7306
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+200.00% YoY
0.00% of Sub-Ch. 7306
Balance
+1.87
Exports
2.66 ₹ Cr
0.0001% share
+116.26% YoY
0.08% of Sub-Ch. 7306
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+2,533.33% YoY
0.04% of Sub-Ch. 7306
Balance
+2.95
Exports
3.10 ₹ Cr
0.0001% share
+16.54% YoY
0.05% of Sub-Ch. 7306
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−81.01% YoY
0.01% of Sub-Ch. 7306
Balance
+3.05
Exports
3.05 ₹ Cr
0.0001% share
−1.61% YoY
0.05% of Sub-Ch. 7306
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 7306
Balance
+1.81
Exports
2.71 ₹ Cr
0.0001% share
−11.15% YoY
0.04% of Sub-Ch. 7306
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.04% of Sub-Ch. 7306
Balance
+2.03
Exports
2.06 ₹ Cr
0.0001% share
−23.99% YoY
0.03% of Sub-Ch. 7306
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−96.67% YoY
0.00% of Sub-Ch. 7306
CAGR · 7-Year
Exports
2.66% /yr
Imports
20.09% /yr
reference, FY 2024-25
Export
₹6,127.23 Cr
Import
₹1,744.29 Cr
Trade Balance
+4,382.94
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.
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.
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.
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.
India's imports under HSN Code 73062911 have grown at 20.09% CAGR, reaching ₹0.03 Crore in FY 2024-25.
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).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 73062911 and GST compliance.
It includes Welded Circular Iron & Steel Tubes: Other Types
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.
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).
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.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.