HSN Code 73101020: Of a capacity of 50 l or more : Trunks and cases

HSN Code 73101020 represents Of a capacity of 50 l or more : Trunks and cases under GST classification. This code helps businesses identify Of a capacity of 50 l or more : Trunks and cases correctly for billing, taxation, and trade. With HSN Code 73101020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of a capacity of 50 l or more : Trunks and cases.

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Description of Goods for HSN Code 73101020

HSN Code 73101020 relates to the following description.

Description of Goods

Of a capacity of 50 l or more : Trunks and cases

Chapter

73 - Articles of iron or steel

Sub Chapter

7310 - Tanks, casks, drums, cans, boxes and similar containers, for any material (other than compressed or liquefied gas), of iron or steel, of a capacity not 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 73101020 not include?

Of a capacity of 50 l or more : Trunks and cases does not include products with the following descriptions.

Of a capacity of less than 50 l : Cans which are to be closed by soldering or crimping : Tin plate containers

Of a capacity of less than 50 l : Cans which are to be closed by soldering or crimping : Other

India’s Trade Performance — HSN Code 73101020 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

₹3 Cr

+1,309.09% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+466.67% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹2 Cr

Trade Surplus

Surplus rank #4156 of 12657 HSN codes

% of Sub-Chapter 7310

FY 2024-25

0.41%

Share of Sub-Chapter 7310’s total exports in FY 2024-25

Import side: 0.11% of Sub-Chapter 7310’s imports

Rank Within Sub-Chapter 7310

FY 2024-25

#7 of 8

Position by export value among HSN codes in Sub-Chapter 7310

Import-side rank: #8 of 8

At a glance

46.01%

Export CAGR

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

#7166

National Export Rank

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

+1,309.09%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.41%

Contribution to Sub-Ch. 7310

Share of Sub-Chapter 7310 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 73101020

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 #8491

Balance

−2.45

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.06% of Sub-Ch. 7310

Imports

2.77 ₹ Cr

0.0001% share

YoY

0.35% of Sub-Ch. 7310

FY 2019-20 Exp. Rank #8013

Balance

−0.53

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+96.88% YoY

0.12% of Sub-Ch. 7310

Imports

1.16 ₹ Cr

0.0000% share

−58.12% YoY

0.18% of Sub-Ch. 7310

FY 2020-21 Exp. Rank #8841

Balance

−0.01

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−66.67% YoY

0.04% of Sub-Ch. 7310

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−81.03% YoY

0.04% of Sub-Ch. 7310

FY 2021-22 Exp. Rank #8156

Balance

+0.48

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+290.48% YoY

0.12% of Sub-Ch. 7310

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+54.55% YoY

0.05% of Sub-Ch. 7310

FY 2022-23 Exp. Rank #8010

Balance

+1.00

Exports

1.11 ₹ Cr

0.0000% share

+35.37% YoY

0.16% of Sub-Ch. 7310

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−67.65% YoY

0.01% of Sub-Ch. 7310

FY 2023-24 Exp. Rank #9379

Balance

+0.10

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−80.18% YoY

0.03% of Sub-Ch. 7310

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+9.09% YoY

0.02% of Sub-Ch. 7310

FY 2024-25 Exp. Rank #7166

Balance

+2.42

Exports

3.10 ₹ Cr

0.0001% share

+1,309.09% YoY

0.41% of Sub-Ch. 7310

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+466.67% YoY

0.11% of Sub-Ch. 7310

CAGR · 7-Year

Exports

46.01% /yr

Imports

−20.87% /yr

Consistently Surplus
Sub-Chapter 7310 total

reference, FY 2024-25

Export

₹752.62 Cr

Import

₹598.27 Cr

Trade Balance

+154.35

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

Key Trade Insights: HSN Code 73101020 Export-Import Analysis

Consistent Export Growth: 46.01% CAGR Over 7 Years

India's exports under HSN Code 73101020 have grown at a compound annual rate of 46.01% over 7 fiscal years, rising from ₹0.32 Crore in FY 2018-19 to ₹3.10 Crore in FY 2024-25.

HSN Code 73101020 Ranked #7166 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 73101020 ranks #7166 out of 12657 HSN codes by total export value. Within Sub-Chapter 7310, it ranks #7 of 8. By trade surplus, it ranks #4156 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 73101020 Exports

The strongest single-year export movement for HSN Code 73101020 was recorded in FY 2024-25, when exports surged by 1,309.09% over the prior year.

India Maintains a Trade Surplus of ₹2.42 Crore in HSN Code 73101020 Goods

In FY 2024-25, India's exports of ₹3.10 Cr exceeded imports of ₹0.68 Cr, resulting in a trade surplus of ₹2.42 Crore — ranking #4156 of 12657 by surplus magnitude.

Import Growth of −20.87% CAGR Signals Stable Import Dependency for Of a capacity of 50 l or more : Trunks and cases

India's imports under HSN Code 73101020 have grown at −20.87% CAGR, reaching ₹0.68 Crore in FY 2024-25.

HSN Code 73101020 Contributes 0.41% of Sub-Chapter 7310 Exports — Ranked #7

Among the 8 HSN codes under Sub-Chapter 7310, HSN Code 73101020 ranks #7 by export value — accounting for 0.41% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.11% share (rank #8).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 73101020 and GST compliance.

What products are classified under HSN 73101020 ?

It includes Other Solder/Crimp Cans (<50L)

Any common misclassification issue with Of a capacity of 50 l or more : Trunks and cases?

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 Of a capacity of 50 l or more : Trunks and cases?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

How should mixed supplies be billed when Of a capacity of 50 l or more : Trunks and cases is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of a capacity of 50 l or more : Trunks and cases; Nil for exempt items if applicable).

How much GST applies to Of a capacity of 50 l or more : Trunks and cases?

Under HSN 73101020, Of a capacity of 50 l or more : Trunks and cases attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Of a capacity of 50 l or more : Trunks and cases?

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.

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.