HSN Code 73072200: Stainless steel: Threaded elbows, bends

HSN Code 73072200 represents Stainless steel: Threaded elbows, bends under GST classification. This code helps businesses identify Stainless steel: Threaded elbows, bends correctly for billing, taxation, and trade. With HSN Code 73072200, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Stainless steel: Threaded elbows, bends.

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Description of Goods for HSN Code 73072200

HSN Code 73072200 relates to the following description.

Description of Goods

Other, of stainless steel : Threaded elbows, bends and sleeves

Chapter

73 - Articles of iron or steel

Sub Chapter

7307 - Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 73072200 not include?

Stainless steel: Threaded elbows, bends does not include products with the following descriptions.

India’s Trade Performance — HSN Code 73072200 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

₹132 Cr

+18.95% vs FY 2023-24

0.0036% of India’s total exports

India’s Imports

FY 2024-25

₹562 Cr

+55.53% vs FY 2023-24

0.0093% of India’s total imports

Trade Balance

FY 2024-25

−₹431 Cr

Trade Deficit

Surplus rank #11803 of 12657 HSN codes

% of Sub-Chapter 7307

FY 2024-25

1.47%

Share of Sub-Chapter 7307’s total exports in FY 2024-25

Import side: 17.46% of Sub-Chapter 7307’s imports

Rank Within Sub-Chapter 7307

FY 2024-25

#13 of 16

Position by export value among HSN codes in Sub-Chapter 7307

Import-side rank: #2 of 16

At a glance

20.16%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#2313

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+83.16%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.47%

Contribution to Sub-Ch. 7307

Share of Sub-Chapter 7307 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 73072200

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 Exp. Rank #3058

Balance

+0.35

Exports

43.82 ₹ Cr

0.0019% share

— YoY

0.88% of Sub-Ch. 7307

Imports

43.47 ₹ Cr

0.0012% share

— YoY

2.42% of Sub-Ch. 7307

FY 2019-20 Exp. Rank #3176

Balance

−58.70

Exports

40.85 ₹ Cr

0.0019% share

−6.78% YoY

0.92% of Sub-Ch. 7307

Imports

99.55 ₹ Cr

0.0030% share

+129.01% YoY

5.09% of Sub-Ch. 7307

FY 2020-21 Exp. Rank #3608

Balance

−119.16

Exports

31.11 ₹ Cr

0.0014% share

−23.84% YoY

0.83% of Sub-Ch. 7307

Imports

150.27 ₹ Cr

0.0052% share

+50.95% YoY

8.36% of Sub-Ch. 7307

FY 2021-22 Exp. Rank #3184

Balance

−170.34

Exports

56.98 ₹ Cr

0.0018% share

+83.16% YoY

0.91% of Sub-Ch. 7307

Imports

227.32 ₹ Cr

0.0050% share

+51.27% YoY

9.72% of Sub-Ch. 7307

FY 2022-23 Exp. Rank #2661

Balance

−181.26

Exports

91.19 ₹ Cr

0.0025% share

+60.04% YoY

1.16% of Sub-Ch. 7307

Imports

272.45 ₹ Cr

0.0047% share

+19.85% YoY

10.68% of Sub-Ch. 7307

FY 2023-24 Exp. Rank #2446

Balance

−250.75

Exports

110.90 ₹ Cr

0.0031% share

+21.61% YoY

1.44% of Sub-Ch. 7307

Imports

361.65 ₹ Cr

0.0064% share

+32.74% YoY

11.87% of Sub-Ch. 7307

FY 2024-25 Exp. Rank #2313

Balance

−430.55

Exports

131.92 ₹ Cr

0.0036% share

+18.95% YoY

1.47% of Sub-Ch. 7307

Imports

562.47 ₹ Cr

0.0093% share

+55.53% YoY

17.46% of Sub-Ch. 7307

CAGR · 7-Year

Exports

20.16% /yr

Imports

53.22% /yr

Consistently Deficit
Sub-Chapter 7307 total

reference, FY 2024-25

Export

₹8,984.02 Cr

Import

₹3,221.27 Cr

Trade Balance

+5,762.75

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

Key Trade Insights: HSN Code 73072200 Export-Import Analysis

Consistent Export Growth: 20.16% CAGR Over 7 Years

India's exports under HSN Code 73072200 have grown at a compound annual rate of 20.16% over 7 fiscal years, rising from ₹43.82 Crore in FY 2018-19 to ₹131.92 Crore in FY 2024-25.

HSN Code 73072200 Ranked #2313 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 73072200 ranks #2313 out of 12657 HSN codes by total export value. Within Sub-Chapter 7307, it ranks #13 of 16. By trade surplus, it ranks #11803 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 73072200 Exports

The strongest single-year export movement for HSN Code 73072200 was recorded in FY 2021-22, when exports surged by 83.16% over the prior year.

India Records a Trade Deficit of ₹430.55 Crore in HSN Code 73072200 Goods

In FY 2024-25, India's imports of ₹562.47 Cr exceeded exports of ₹131.92 Cr, resulting in a trade deficit of ₹430.55 Crore — ranking #11803 of 12657 by surplus magnitude.

Import Growth of 53.22% CAGR Signals Rising Demand for Stainless steel: Threaded elbows, bends

India's imports under HSN Code 73072200 have grown at 53.22% CAGR, reaching ₹562.47 Crore in FY 2024-25.

HSN Code 73072200 Contributes 1.47% of Sub-Chapter 7307 Exports — Ranked #13

Among the 16 HSN codes under Sub-Chapter 7307, HSN Code 73072200 ranks #13 by export value — accounting for 1.47% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 17.46% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 73072200 and GST compliance.

What products are classified under HSN 73072200 ?

It includes Other | Flanges

How much GST applies to Stainless steel: Threaded elbows, bends?

Under HSN 73072200, Stainless steel: Threaded elbows, bends attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Stainless steel: Threaded elbows, bends is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Stainless steel: Threaded elbows, bends; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Stainless steel: Threaded elbows, bends?

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.

Can we claim ITC on inputs used to trade Stainless steel: Threaded elbows, bends?

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 Stainless steel: Threaded elbows, bends?

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.

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.