--- title: "HSN Code for Welded Circular Iron & Steel Tubes: Other Types | HSN 73063090 GST Rate" description: "Find HSN and GST Rates for 73063090 related to Welded Circular Iron & Steel Tubes: Other Types with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-73063090/" --- # HSN Code 73063090: Welded Circular Iron & Steel Tubes: Other Types - [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 | | --- | --- | --- | --- | --- | | Other, welded, of circular cross-section, of iron or non-alloy steel: Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 73063090 ? It includes Other, welded, of non-circular cross-section ### Any common misclassification issue with Welded Circular Iron & Steel Tubes: Other Types? 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 Welded Circular Iron & Steel Tubes: Other Types? 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 should mixed supplies be billed when Welded Circular Iron & Steel Tubes: Other Types is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Welded Circular Iron & Steel Tubes: Other Types; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Welded Circular Iron & Steel Tubes: Other Types? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Welded Circular Iron & Steel Tubes: Other Types? Under HSN 73063090, Welded Circular Iron & Steel Tubes: Other Types attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 73063090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹2,800 Cr (−3.10% YoY) — 0.0761% of India's total exports - Imports: ₹276 Cr (+2.52% YoY) — 0.0045% of India's total imports - Trade balance: ₹2,524 Cr (Surplus); surplus rank #144 of 12657 HSN codes - Share of Sub-Chapter 7306: 45.70% of its exports; import side 15.85% - Rank within Sub-Chapter 7306: #1 of 25 by export value; import-side #2 ### Key metrics - Export CAGR: 6.99% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #186 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +96.86% in FY 2021-22 - Contribution to Sub-Ch. 7306: 45.70% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 73063090 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 | 1,867.44 | 0.0817% | — | 46.16% | 184.01 | 0.0051% | — | 5.69% | +1,683.43 | #166 | | FY 2019-20 | 1,891.30 | 0.0859% | +1.28% | 52.27% | 150.61 | 0.0045% | −18.15% | 5.94% | +1,740.69 | #168 | | FY 2020-21 | 1,619.47 | 0.0753% | −14.37% | 50.56% | 130.15 | 0.0045% | −13.58% | 6.87% | +1,489.32 | #208 | | FY 2021-22 | 3,188.10 | 0.1016% | +96.86% | 50.51% | 187.61 | 0.0041% | +44.15% | 8.72% | +3,000.49 | #142 | | FY 2022-23 | 2,797.50 | 0.0773% | −12.25% | 45.39% | 222.25 | 0.0039% | +18.46% | 9.17% | +2,575.25 | #174 | | FY 2023-24 | 2,889.86 | 0.0799% | +3.30% | 46.68% | 269.61 | 0.0048% | +21.31% | 11.65% | +2,620.25 | #174 | | FY 2024-25 | 2,800.29 | 0.0761% | −3.10% | 45.70% | 276.41 | 0.0045% | +2.52% | 15.85% | +2,523.88 | #186 | - CAGR (7-year): exports 6.99%/yr, imports 7.02%/yr (consistently Surplus) ## Key trade insights: HSN Code 73063090 export-import analysis ### Consistent export growth: 6.99% CAGR over 7 years India's exports under HSN Code 73063090 have grown at a compound annual rate of 6.99% over 7 fiscal years, rising from ₹1,867.44 Crore in FY 2018-19 to ₹2,800.29 Crore in FY 2024-25. ### HSN Code 73063090 ranked #186 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 73063090 ranks #186 out of 12657 HSN codes by total export value. Within Sub-Chapter 7306, it ranks #1 of 25. By trade surplus, it ranks #144 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 73063090 exports The strongest single-year export movement for HSN Code 73063090 was recorded in FY 2021-22, when exports surged by 96.86% over the prior year. ### India maintains a trade surplus of ₹2,523.88 Crore in HSN Code 73063090 goods In FY 2024-25, India's exports of ₹2,800.29 Cr exceeded imports of ₹276.41 Cr, resulting in a trade surplus of ₹2,523.88 Crore — ranking #144 of 12657 by surplus magnitude. ### Import growth of 7.02% CAGR signals stable import dependency for Welded Circular Iron & Steel Tubes: Other Types India's imports under HSN Code 73063090 have grown at 7.02% CAGR, reaching ₹276.41 Crore in FY 2024-25. ### HSN Code 73063090 contributes 45.70% of Sub-Chapter 7306 exports — ranked #1 Among the 25 HSN codes under Sub-Chapter 7306, HSN Code 73063090 ranks #1 by export value — accounting for 45.70% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 15.85% share (rank #2). ## 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 (this hsn code) | ₹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 |