HSN Code 73090040: Pressure Vessels

HSN Code 73090040 represents Pressure Vessels under GST classification. This code helps businesses identify Pressure Vessels correctly for billing, taxation, and trade. With HSN Code 73090040, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Pressure Vessels.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 73090040

HSN Code 73090040 relates to the following description.

Description of Goods

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

Chapter

73 - Articles of iron or steel

Sub Chapter

7309 - 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

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 73090040 not include?

Pressure Vessels does not include products with the following descriptions.

HSN Code 73090010

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 : Galvanized iron tanks

HSN Code 73090020

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 : Galvanized iron barrels and drums

HSN Code 73090030

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 : Pressed steel tanks

HSN Code 73090090

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 : Other

India’s Trade Performance — HSN Code 73090040 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

₹100 Cr

+456.77% vs FY 2023-24

0.0027% of India’s total exports

India’s Imports

FY 2024-25

₹54 Cr

+14.43% vs FY 2023-24

0.0009% of India’s total imports

Trade Balance

FY 2024-25

₹46 Cr

Trade Surplus

Surplus rank #2231 of 12657 HSN codes

% of Sub-Chapter 7309

FY 2024-25

16.84%

Share of Sub-Chapter 7309’s total exports in FY 2024-25

Import side: 13.35% of Sub-Chapter 7309’s imports

Rank Within Sub-Chapter 7309

FY 2024-25

#2 of 5

Position by export value among HSN codes in Sub-Chapter 7309

Import-side rank: #2 of 5

At a glance

50.59%

Export CAGR

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

#2661

National Export Rank

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

+629.74%

Peak Growth Year

FY 2020-21 · strongest single-year move

16.84%

Contribution to Sub-Ch. 7309

Share of Sub-Chapter 7309 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #5181

Balance

+6.62

Exports

8.57 ₹ Cr

0.0004% share

— YoY

3.22% of Sub-Ch. 7309

Imports

1.95 ₹ Cr

0.0001% share

— YoY

0.90% of Sub-Ch. 7309

FY 2019-20 Exp. Rank #6173

Balance

−11.11

Exports

3.80 ₹ Cr

0.0002% share

−55.66% YoY

1.77% of Sub-Ch. 7309

Imports

14.91 ₹ Cr

0.0004% share

+664.62% YoY

6.15% of Sub-Ch. 7309

FY 2020-21 Exp. Rank #3765

Balance

−5.90

Exports

27.73 ₹ Cr

0.0013% share

+629.74% YoY

11.93% of Sub-Ch. 7309

Imports

33.63 ₹ Cr

0.0012% share

+125.55% YoY

18.48% of Sub-Ch. 7309

FY 2021-22 Exp. Rank #4226

Balance

−17.94

Exports

26.19 ₹ Cr

0.0008% share

−5.55% YoY

8.41% of Sub-Ch. 7309

Imports

44.13 ₹ Cr

0.0010% share

+31.22% YoY

26.68% of Sub-Ch. 7309

FY 2022-23 Exp. Rank #4210

Balance

−19.37

Exports

29.16 ₹ Cr

0.0008% share

+11.34% YoY

7.67% of Sub-Ch. 7309

Imports

48.53 ₹ Cr

0.0008% share

+9.97% YoY

18.68% of Sub-Ch. 7309

FY 2023-24 Exp. Rank #4914

Balance

−29.58

Exports

17.95 ₹ Cr

0.0005% share

−38.44% YoY

3.34% of Sub-Ch. 7309

Imports

47.53 ₹ Cr

0.0008% share

−2.06% YoY

19.07% of Sub-Ch. 7309

FY 2024-25 Exp. Rank #2661

Balance

+45.55

Exports

99.94 ₹ Cr

0.0027% share

+456.77% YoY

16.84% of Sub-Ch. 7309

Imports

54.39 ₹ Cr

0.0009% share

+14.43% YoY

13.35% of Sub-Ch. 7309

CAGR · 7-Year

Exports

50.59% /yr

Imports

74.15% /yr

Consistently Surplus
Sub-Chapter 7309 total

reference, FY 2024-25

Export

₹593.47 Cr

Import

₹407.50 Cr

Trade Balance

+185.97

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

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).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 73090040 and GST compliance.

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.

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.