--- title: "HSN Code for Other, of stainless steel : Butt welding fittings | HSN 73072300 GST Rate" description: "Find HSN and GST Rates for 73072300 related to Other, of stainless steel : Butt welding fittings with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-73072300/" --- # HSN Code 73072300: Other, of stainless steel : Butt welding fittings - [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 7307: Tool sets for retail sale](https://busy.in/hsn/sub-chapter-7307/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other, of stainless steel : Butt welding fittings | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 73072300 ? It includes Other | Flanges ### How much GST applies to Other, of stainless steel : Butt welding fittings? Under HSN 73072300, Other, of stainless steel : Butt welding fittings attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Other, of stainless steel : Butt welding fittings? 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 Other, of stainless steel : Butt welding fittings? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How should mixed supplies be billed when Other, of stainless steel : Butt welding fittings is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other, of stainless steel : Butt welding fittings; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Other, of stainless steel : Butt welding fittings? 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 Other, of stainless steel : Butt welding fittings? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 73072300 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹300 Cr (+157.57% YoY) — 0.0082% of India's total exports - Imports: ₹138 Cr (+53.23% YoY) — 0.0023% of India's total imports - Trade balance: ₹162 Cr (Surplus); surplus rank #1287 of 12657 HSN codes - Share of Sub-Chapter 7307: 3.34% of its exports; import side 4.29% - Rank within Sub-Chapter 7307: #8 of 16 by export value; import-side #7 ### Key metrics - Export CAGR: 41.91% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1443 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +157.57% in FY 2024-25 - Contribution to Sub-Ch. 7307: 3.34% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 73072300 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. 7307 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7307 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 36.79 | 0.0016% | — | 0.74% | 28.22 | 0.0008% | — | 1.57% | +8.57 | #3300 | | FY 2019-20 | 82.00 | 0.0037% | +122.89% | 1.85% | 61.29 | 0.0018% | +117.19% | 3.13% | +20.71 | #2246 | | FY 2020-21 | 63.19 | 0.0029% | −22.94% | 1.68% | 92.54 | 0.0032% | +50.99% | 5.15% | −29.35 | #2610 | | FY 2021-22 | 65.89 | 0.0021% | +4.27% | 1.05% | 66.08 | 0.0014% | −28.59% | 2.83% | −0.19 | #2972 | | FY 2022-23 | 124.78 | 0.0034% | +89.38% | 1.58% | 66.39 | 0.0012% | +0.47% | 2.60% | +58.39 | #2252 | | FY 2023-24 | 116.64 | 0.0032% | −6.52% | 1.51% | 90.16 | 0.0016% | +35.80% | 2.96% | +26.48 | #2384 | | FY 2024-25 | 300.43 | 0.0082% | +157.57% | 3.34% | 138.15 | 0.0023% | +53.23% | 4.29% | +162.28 | #1443 | - CAGR (7-year): exports 41.91%/yr, imports 30.31%/yr (consistently Surplus) ## Key trade insights: HSN Code 73072300 export-import analysis ### Consistent export growth: 41.91% CAGR over 7 years India's exports under HSN Code 73072300 have grown at a compound annual rate of 41.91% over 7 fiscal years, rising from ₹36.79 Crore in FY 2018-19 to ₹300.43 Crore in FY 2024-25. ### HSN Code 73072300 ranked #1443 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 73072300 ranks #1443 out of 12657 HSN codes by total export value. Within Sub-Chapter 7307, it ranks #8 of 16. By trade surplus, it ranks #1287 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 73072300 exports The strongest single-year export movement for HSN Code 73072300 was recorded in FY 2024-25, when exports surged by 157.57% over the prior year. ### India maintains a trade surplus of ₹162.28 Crore in HSN Code 73072300 goods In FY 2024-25, India's exports of ₹300.43 Cr exceeded imports of ₹138.15 Cr, resulting in a trade surplus of ₹162.28 Crore — ranking #1287 of 12657 by surplus magnitude. ### Import growth of 30.31% CAGR signals rising demand for Other, of stainless steel : Butt welding fittings India's imports under HSN Code 73072300 have grown at 30.31% CAGR, reaching ₹138.15 Crore in FY 2024-25. ### HSN Code 73072300 contributes 3.34% of Sub-Chapter 7307 exports — ranked #8 Among the 16 HSN codes under Sub-Chapter 7307, HSN Code 73072300 ranks #8 by export value — accounting for 3.34% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.29% share (rank #7). ## Related HSN Codes in Sub-Chapter 7307 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 73072100: Other, Of Stainless Steel \| Flanges](https://busy.in/hsn/hsn-73072100/) | ₹2,060 Cr | | #2 | [HSN Code 73079190: Other \| Flanges](https://busy.in/hsn/hsn-73079190/) | ₹1,939 Cr | | #3 | [HSN Code 73071120: SG iron cast fittings](https://busy.in/hsn/hsn-73071120/) | ₹1,021 Cr | | #4 | [HSN Code 73079990: Tube or pipe fittings of iron or steel \| Other](https://busy.in/hsn/hsn-73079990/) | ₹940 Cr | | #5 | [HSN Code 73071900: Other Cast Fittings](https://busy.in/hsn/hsn-73071900/) | ₹648 Cr | | #6 | [HSN Code 73072900: Other, of stainless steel : Other](https://busy.in/hsn/hsn-73072900/) | ₹555 Cr | | #7 | [HSN Code 73079210: Galvanized threaded elbows, bends, sleeves](https://busy.in/hsn/hsn-73079210/) | ₹500 Cr | | #8 | HSN Code 73072300: Other, of stainless steel : Butt welding fittings (this hsn code) | ₹300 Cr | | #9 | [HSN Code 73079910: Other \| Other \| Galvanised](https://busy.in/hsn/hsn-73079910/) | ₹287 Cr | | #10 | [HSN Code 73079290: Threaded elbows, other](https://busy.in/hsn/hsn-73079290/) | ₹227 Cr |