HSN Code 73072900: Other, of stainless steel : Other

HSN Code 73072900 represents Other, of stainless steel : Other under GST classification. This code helps businesses identify Other, of stainless steel : Other correctly for billing, taxation, and trade. With HSN Code 73072900, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other, of stainless steel : Other.

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Description of Goods for HSN Code 73072900

HSN Code 73072900 relates to the following description.

Description of Goods

Other, of stainless steel : Other

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 73072900 not include?

Other, of stainless steel : Other does not include products with the following descriptions.

India’s Trade Performance — HSN Code 73072900 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

₹555 Cr

+27.21% vs FY 2023-24

0.0151% of India’s total exports

India’s Imports

FY 2024-25

₹397 Cr

−10.31% vs FY 2023-24

0.0065% of India’s total imports

Trade Balance

FY 2024-25

₹158 Cr

Trade Surplus

Surplus rank #1305 of 12657 HSN codes

% of Sub-Chapter 7307

FY 2024-25

6.18%

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

Import side: 12.31% of Sub-Chapter 7307’s imports

Rank Within Sub-Chapter 7307

FY 2024-25

#6 of 16

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

Import-side rank: #5 of 16

At a glance

18.74%

Export CAGR

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

#915

National Export Rank

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

+55.83%

Peak Growth Year

FY 2021-22 · strongest single-year move

6.18%

Contribution to Sub-Ch. 7307

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

India Export-Import Trade Statistics for HSN Code 73072900

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 #1320

Balance

−57.07

Exports

198.03 ₹ Cr

0.0087% share

— YoY

4.00% of Sub-Ch. 7307

Imports

255.10 ₹ Cr

0.0071% share

— YoY

14.21% of Sub-Ch. 7307

FY 2019-20 Exp. Rank #1241

Balance

−29.57

Exports

219.39 ₹ Cr

0.0100% share

+10.79% YoY

4.95% of Sub-Ch. 7307

Imports

248.96 ₹ Cr

0.0074% share

−2.41% YoY

12.72% of Sub-Ch. 7307

FY 2020-21 Exp. Rank #1242

Balance

−125.68

Exports

227.69 ₹ Cr

0.0106% share

+3.78% YoY

6.04% of Sub-Ch. 7307

Imports

353.37 ₹ Cr

0.0121% share

+41.94% YoY

19.65% of Sub-Ch. 7307

FY 2021-22 Exp. Rank #1131

Balance

+14.37

Exports

354.81 ₹ Cr

0.0113% share

+55.83% YoY

5.64% of Sub-Ch. 7307

Imports

340.44 ₹ Cr

0.0074% share

−3.66% YoY

14.56% of Sub-Ch. 7307

FY 2022-23 Exp. Rank #1100

Balance

+59.03

Exports

396.29 ₹ Cr

0.0109% share

+11.69% YoY

5.02% of Sub-Ch. 7307

Imports

337.26 ₹ Cr

0.0059% share

−0.93% YoY

13.22% of Sub-Ch. 7307

FY 2023-24 Exp. Rank #1072

Balance

−5.84

Exports

436.23 ₹ Cr

0.0121% share

+10.08% YoY

5.66% of Sub-Ch. 7307

Imports

442.07 ₹ Cr

0.0079% share

+31.08% YoY

14.51% of Sub-Ch. 7307

FY 2024-25 Exp. Rank #915

Balance

+158.41

Exports

554.92 ₹ Cr

0.0151% share

+27.21% YoY

6.18% of Sub-Ch. 7307

Imports

396.51 ₹ Cr

0.0065% share

−10.31% YoY

12.31% of Sub-Ch. 7307

CAGR · 7-Year

Exports

18.74% /yr

Imports

7.63% /yr

Consistently Surplus
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 73072900 Export-Import Analysis

Consistent Export Growth: 18.74% CAGR Over 7 Years

India's exports under HSN Code 73072900 have grown at a compound annual rate of 18.74% over 7 fiscal years, rising from ₹198.03 Crore in FY 2018-19 to ₹554.92 Crore in FY 2024-25.

HSN Code 73072900 Ranked #915 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 73072900 ranks #915 out of 12657 HSN codes by total export value. Within Sub-Chapter 7307, it ranks #6 of 16. By trade surplus, it ranks #1305 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 73072900 Exports

The strongest single-year export movement for HSN Code 73072900 was recorded in FY 2021-22, when exports surged by 55.83% over the prior year.

India Maintains a Trade Surplus of ₹158.41 Crore in HSN Code 73072900 Goods

In FY 2024-25, India's exports of ₹554.92 Cr exceeded imports of ₹396.51 Cr, resulting in a trade surplus of ₹158.41 Crore — ranking #1305 of 12657 by surplus magnitude.

Import Growth of 7.63% CAGR Signals Stable Import Dependency for Other, of stainless steel : Other

India's imports under HSN Code 73072900 have grown at 7.63% CAGR, reaching ₹396.51 Crore in FY 2024-25.

HSN Code 73072900 Contributes 6.18% of Sub-Chapter 7307 Exports — Ranked #6

Among the 16 HSN codes under Sub-Chapter 7307, HSN Code 73072900 ranks #6 by export value — accounting for 6.18% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 12.31% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 73072900 and GST compliance.

What products are classified under HSN 73072900 ?

It includes Galvanized threaded elbows, bends, sleeves

Does packaging or labelling change the GST for Other, of stainless steel : 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 should mixed supplies be billed when Other, of stainless steel : Other 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 : Other; Nil for exempt items if applicable).

Any common misclassification issue with Other, of stainless steel : Other?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Can we claim ITC on inputs used to trade Other, of stainless steel : Other?

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 Other, of stainless steel : 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.

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.