--- title: "HSN Code for Pressure Vessels | HSN 73090040 GST Rate" description: "Find HSN and GST Rates for 73090040 related to Pressure Vessels with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-73090040/" --- # HSN Code 73090040: Pressure Vessels - [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 7309: Iron/steel containers exceeding 300L](https://busy.in/hsn/sub-chapter-7309/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Reservoirs, tanks, vats and similar containers for any material (other than compressed or liquefied gas), of iron or steel, of a capacity exceeding 300 l, whether or not lined or heat-insulated, but not fitted with mechanical or thermal equipment : Pressure vessels | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 73090040 ? It includes Of a capacity of 50 l or more : Trunks and cases ### How should mixed supplies be billed when Pressure Vessels is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Pressure Vessels; Nil for exempt items if applicable). ### How much GST applies to Pressure Vessels? Under HSN 73090040, Pressure Vessels attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Pressure Vessels? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Does packaging or labelling change the GST for Pressure Vessels? 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. ### Do e‑way bill and e‑invoice apply for Pressure Vessels? 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. ### Can we claim ITC on inputs used to trade Pressure Vessels? 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 73090040 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹100 Cr (+456.77% YoY) — 0.0027% of India's total exports - Imports: ₹54 Cr (+14.43% YoY) — 0.0009% of India's total imports - Trade balance: ₹46 Cr (Surplus); surplus rank #2231 of 12657 HSN codes - Share of Sub-Chapter 7309: 16.84% of its exports; import side 13.35% - Rank within Sub-Chapter 7309: #2 of 5 by export value; import-side #2 ### Key metrics - Export CAGR: 50.59% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2661 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +629.74% in FY 2020-21 - Contribution to Sub-Ch. 7309: 16.84% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 73090040 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. 7309 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7309 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 8.57 | 0.0004% | — | 3.22% | 1.95 | 0.0001% | — | 0.90% | +6.62 | #5181 | | FY 2019-20 | 3.80 | 0.0002% | −55.66% | 1.77% | 14.91 | 0.0004% | +664.62% | 6.15% | −11.11 | #6173 | | FY 2020-21 | 27.73 | 0.0013% | +629.74% | 11.93% | 33.63 | 0.0012% | +125.55% | 18.48% | −5.90 | #3765 | | FY 2021-22 | 26.19 | 0.0008% | −5.55% | 8.41% | 44.13 | 0.0010% | +31.22% | 26.68% | −17.94 | #4226 | | FY 2022-23 | 29.16 | 0.0008% | +11.34% | 7.67% | 48.53 | 0.0008% | +9.97% | 18.68% | −19.37 | #4210 | | FY 2023-24 | 17.95 | 0.0005% | −38.44% | 3.34% | 47.53 | 0.0008% | −2.06% | 19.07% | −29.58 | #4914 | | FY 2024-25 | 99.94 | 0.0027% | +456.77% | 16.84% | 54.39 | 0.0009% | +14.43% | 13.35% | +45.55 | #2661 | - CAGR (7-year): exports 50.59%/yr, imports 74.15%/yr (consistently Surplus) ## Key trade insights: HSN Code 73090040 export-import analysis ### Consistent export growth: 50.59% CAGR over 7 years India's exports under HSN Code 73090040 have grown at a compound annual rate of 50.59% over 7 fiscal years, rising from ₹8.57 Crore in FY 2018-19 to ₹99.94 Crore in FY 2024-25. ### HSN Code 73090040 ranked #2661 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 73090040 ranks #2661 out of 12657 HSN codes by total export value. Within Sub-Chapter 7309, it ranks #2 of 5. By trade surplus, it ranks #2231 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 73090040 exports The strongest single-year export movement for HSN Code 73090040 was recorded in FY 2020-21, when exports surged by 629.74% over the prior year. ### India maintains a trade surplus of ₹45.55 Crore in HSN Code 73090040 goods In FY 2024-25, India's exports of ₹99.94 Cr exceeded imports of ₹54.39 Cr, resulting in a trade surplus of ₹45.55 Crore — ranking #2231 of 12657 by surplus magnitude. ### Import growth of 74.15% CAGR signals rising demand for Pressure Vessels India's imports under HSN Code 73090040 have grown at 74.15% CAGR, reaching ₹54.39 Crore in FY 2024-25. ### HSN Code 73090040 contributes 16.84% of Sub-Chapter 7309 exports — ranked #2 Among the 5 HSN codes under Sub-Chapter 7309, HSN Code 73090040 ranks #2 by export value — accounting for 16.84% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 13.35% share (rank #2). ## Related HSN Codes in Sub-Chapter 7309 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 73090090: Other Registers/Account Books/Pads (excl. Notebooks)](https://busy.in/hsn/hsn-73090090/) | ₹376 Cr | | #2 | HSN Code 73090040: Pressure Vessels (this hsn code) | ₹100 Cr | | #3 | [HSN Code 73090010: Galvanized iron tanks](https://busy.in/hsn/hsn-73090010/) | ₹65 Cr | | #4 | [HSN Code 73090030: Pressed Steel Tanks](https://busy.in/hsn/hsn-73090030/) | ₹52 Cr | | #5 | [HSN Code 73090020: Galvanized iron barrels](https://busy.in/hsn/hsn-73090020/) | < ₹1 Crore |