HSN Code 73121010: Wire ropes, black
HSN Code 73121010 represents Wire ropes, black under GST classification. This code helps businesses identify Wire ropes, black correctly for billing, taxation, and trade. With HSN Code 73121010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Wire ropes, black.
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Description of Goods for HSN Code 73121010
HSN Code 73121010 relates to the following description.
What does HSN Code 73121010 not include?
Wire ropes, black does not include products with the following descriptions.
Stranded wire, ropes and cables : Wire ropes, galvanised
Stranded wire, ropes and cables : Stranded wire
Stranded wire, ropes and cables : Other
Other
India’s Trade Performance — HSN Code 73121010 in FY 2024-25
India’s Exports
FY 2024-25₹204 Cr
0.0055% of India’s total exports
India’s Imports
FY 2024-25₹56 Cr
0.0009% of India’s total imports
Trade Balance
FY 2024-25₹148 Cr
Surplus rank #1345 of 12657 HSN codes
% of Sub-Chapter 7312
FY 2024-2513.37%
Share of Sub-Chapter 7312’s total exports in FY 2024-25
Import side: 1.99% of Sub-Chapter 7312’s imports
Rank Within Sub-Chapter 7312
FY 2024-25#3 of 5
Position by export value among HSN codes in Sub-Chapter 7312
Import-side rank: #5 of 5
At a glance
8.19%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1820
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+68.70%
Peak Growth Year
FY 2021-22 · strongest single-year move
13.37%
Contribution to Sub-Ch. 7312
Share of Sub-Chapter 7312 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 73121010
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+79.34
Exports
127.14 ₹ Cr
0.0056% share
— YoY
15.75% of Sub-Ch. 7312
Imports
47.80 ₹ Cr
0.0013% share
— YoY
3.04% of Sub-Ch. 7312
Balance
+82.69
Exports
122.62 ₹ Cr
0.0056% share
−3.56% YoY
15.96% of Sub-Ch. 7312
Imports
39.93 ₹ Cr
0.0012% share
−16.46% YoY
2.86% of Sub-Ch. 7312
Balance
+28.86
Exports
93.39 ₹ Cr
0.0043% share
−23.84% YoY
12.13% of Sub-Ch. 7312
Imports
64.53 ₹ Cr
0.0022% share
+61.61% YoY
4.03% of Sub-Ch. 7312
Balance
+82.46
Exports
157.55 ₹ Cr
0.0050% share
+68.70% YoY
13.50% of Sub-Ch. 7312
Imports
75.09 ₹ Cr
0.0016% share
+16.36% YoY
3.34% of Sub-Ch. 7312
Balance
+215.74
Exports
251.86 ₹ Cr
0.0070% share
+59.86% YoY
16.31% of Sub-Ch. 7312
Imports
36.12 ₹ Cr
0.0006% share
−51.90% YoY
1.30% of Sub-Ch. 7312
Balance
+199.17
Exports
239.41 ₹ Cr
0.0066% share
−4.94% YoY
15.86% of Sub-Ch. 7312
Imports
40.24 ₹ Cr
0.0007% share
+11.41% YoY
1.50% of Sub-Ch. 7312
Balance
+147.95
Exports
203.91 ₹ Cr
0.0055% share
−14.83% YoY
13.37% of Sub-Ch. 7312
Imports
55.96 ₹ Cr
0.0009% share
+39.07% YoY
1.99% of Sub-Ch. 7312
CAGR · 7-Year
Exports
8.19% /yr
Imports
2.66% /yr
reference, FY 2024-25
Export
₹1,524.62 Cr
Import
₹2,818.91 Cr
Trade Balance
−1,294.29
Key Trade Insights: HSN Code 73121010 Export-Import Analysis
Consistent Export Growth: 8.19% CAGR Over 7 Years
India's exports under HSN Code 73121010 have grown at a compound annual rate of 8.19% over 7 fiscal years, rising from ₹127.14 Crore in FY 2018-19 to ₹203.91 Crore in FY 2024-25.
HSN Code 73121010 Ranked #1820 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 73121010 ranks #1820 out of 12657 HSN codes by total export value. Within Sub-Chapter 7312, it ranks #3 of 5. By trade surplus, it ranks #1345 of 12657.
FY 2021-22 Was the Strongest Growth Year for HSN Code 73121010 Exports
The strongest single-year export movement for HSN Code 73121010 was recorded in FY 2021-22, when exports surged by 68.70% over the prior year.
India Maintains a Trade Surplus of ₹147.95 Crore in HSN Code 73121010 Goods
In FY 2024-25, India's exports of ₹203.91 Cr exceeded imports of ₹55.96 Cr, resulting in a trade surplus of ₹147.95 Crore — ranking #1345 of 12657 by surplus magnitude.
Import Growth of 2.66% CAGR Signals Stable Import Dependency for Wire ropes, black
India's imports under HSN Code 73121010 have grown at 2.66% CAGR, reaching ₹55.96 Crore in FY 2024-25.
HSN Code 73121010 Contributes 13.37% of Sub-Chapter 7312 Exports — Ranked #3
Among the 5 HSN codes under Sub-Chapter 7312, HSN Code 73121010 ranks #3 by export value — accounting for 13.37% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.99% share (rank #5).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 73121010 and GST compliance.
What products are classified under HSN 73121010 ?
It includes Stranded Wire, Ropes And Cables | Other
How should mixed supplies be billed when Wire ropes, black is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Wire ropes, black; Nil for exempt items if applicable).
Can we claim ITC on inputs used to trade Wire ropes, black?
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 Wire ropes, black?
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.
How much GST applies to Wire ropes, black?
Under HSN 73121010, Wire ropes, black attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Any common misclassification issue with Wire ropes, black?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.