--- title: "HSN Code for Casing and Tubing for Oil/Gas Drilling – Other | HSN 73062919 GST Rate" description: "Find HSN and GST Rates for 73062919 related to Casing and Tubing for Oil/Gas Drilling – Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-73062919/" --- # HSN Code 73062919: Casing and Tubing for Oil/Gas Drilling – 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 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: Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 73062919 ? It includes Welded, circular cross-section, steel ### Does packaging or labelling change the GST for Casing and Tubing for Oil/Gas Drilling – 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. ### How much GST applies to Casing and Tubing for Oil/Gas Drilling – Other? Under HSN 73062919, Casing and Tubing for Oil/Gas Drilling – Other attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Casing and Tubing for Oil/Gas Drilling – Other? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Any common misclassification issue with Casing and Tubing for Oil/Gas Drilling – 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 Casing and Tubing for Oil/Gas Drilling – 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. ## India's trade performance: HSN Code 73062919 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−71.81% YoY) — 0.0000% of India's total exports - Imports: ₹16 Cr (+27.86% YoY) — 0.0003% of India's total imports - Trade balance: −₹15 Cr (Deficit); surplus rank #9334 of 12657 HSN codes - Share of Sub-Chapter 7306: 0.01% of its exports; import side 0.89% - Rank within Sub-Chapter 7306: #17 of 25 by export value; import-side #11 ### Key metrics - Export CAGR: -26.46% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #8389 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +2,167.58% in FY 2022-23 - Contribution to Sub-Ch. 7306: 0.01% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 73062919 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 | 5.31 | 0.0002% | — | 0.13% | 15.33 | 0.0004% | — | 0.47% | −10.02 | #5792 | | FY 2019-20 | 6.58 | 0.0003% | +23.92% | 0.18% | 25.61 | 0.0008% | +67.06% | 1.01% | −19.03 | #5513 | | FY 2020-21 | 3.98 | 0.0002% | −39.51% | 0.12% | 10.40 | 0.0004% | −59.39% | 0.55% | −6.42 | #6199 | | FY 2021-22 | 1.82 | 0.0001% | −54.27% | 0.03% | 10.98 | 0.0002% | +5.58% | 0.51% | −9.16 | #7427 | | FY 2022-23 | 41.27 | 0.0011% | +2,167.58% | 0.67% | 10.65 | 0.0002% | −3.01% | 0.44% | +30.62 | #3725 | | FY 2023-24 | 2.98 | 0.0001% | −92.78% | 0.05% | 12.13 | 0.0002% | +13.90% | 0.52% | −9.15 | #7150 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −71.81% | 0.01% | 15.51 | 0.0003% | +27.86% | 0.89% | −14.67 | #8389 | - CAGR (7-year): exports -26.46%/yr, imports 0.19%/yr (consistently Deficit) ## Key trade insights: HSN Code 73062919 export-import analysis ### Export decline: -26.46% CAGR over 7 years India's exports under HSN Code 73062919 have declined at a compound annual rate of -26.46% over 7 fiscal years, falling from ₹5.31 Crore in FY 2018-19 to ₹0.84 Crore in FY 2024-25. ### HSN Code 73062919 ranked #8389 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 73062919 ranks #8389 out of 12657 HSN codes by total export value. Within Sub-Chapter 7306, it ranks #17 of 25. By trade surplus, it ranks #9334 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 73062919 exports The strongest single-year export movement for HSN Code 73062919 was recorded in FY 2022-23, when exports surged by 2,167.58% over the prior year. ### India records a trade deficit of ₹14.67 Crore in HSN Code 73062919 goods In FY 2024-25, India's imports of ₹15.51 Cr exceeded exports of ₹0.84 Cr, resulting in a trade deficit of ₹14.67 Crore — ranking #9334 of 12657 by surplus magnitude. ### Import growth of 0.19% CAGR signals stable import dependency for Casing and Tubing for Oil/Gas Drilling – Other India's imports under HSN Code 73062919 have grown at 0.19% CAGR, reaching ₹15.51 Crore in FY 2024-25. ### HSN Code 73062919 contributes 0.01% of Sub-Chapter 7306 exports — ranked #17 Among the 25 HSN codes under Sub-Chapter 7306, HSN Code 73062919 ranks #17 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.89% share (rank #11). ## 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 | | #17 | HSN Code 73062919: Casing and Tubing for Oil/Gas Drilling – Other (this hsn code) | < ₹1 Crore |