HSN Code 73121030: Stranded wire, ropes and cables : Stranded wire
HSN Code 73121030 represents Stranded wire, ropes and cables : Stranded wire under GST classification. This code helps businesses identify Stranded wire, ropes and cables : Stranded wire correctly for billing, taxation, and trade. With HSN Code 73121030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Stranded wire, ropes and cables : Stranded wire.
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Description of Goods for HSN Code 73121030
HSN Code 73121030 relates to the following description.
What does HSN Code 73121030 not include?
Stranded wire, ropes and cables : Stranded wire does not include products with the following descriptions.
Stranded wire, ropes and cables : Wire ropes, black
Stranded wire, ropes and cables : Wire ropes, galvanised
Stranded wire, ropes and cables : Other
Other
India’s Trade Performance — HSN Code 73121030 in FY 2024-25
India’s Exports
FY 2024-25₹318 Cr
0.0086% of India’s total exports
India’s Imports
FY 2024-25₹115 Cr
0.0019% of India’s total imports
Trade Balance
FY 2024-25₹203 Cr
Surplus rank #1143 of 12657 HSN codes
% of Sub-Chapter 7312
FY 2024-2520.83%
Share of Sub-Chapter 7312’s total exports in FY 2024-25
Import side: 4.07% of Sub-Chapter 7312’s imports
Rank Within Sub-Chapter 7312
FY 2024-25#2 of 5
Position by export value among HSN codes in Sub-Chapter 7312
Import-side rank: #4 of 5
At a glance
5.47%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1379
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+72.49%
Peak Growth Year
FY 2021-22 · strongest single-year move
20.83%
Contribution to Sub-Ch. 7312
Share of Sub-Chapter 7312 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 73121030
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+210.17
Exports
230.68 ₹ Cr
0.0101% share
— YoY
28.58% of Sub-Ch. 7312
Imports
20.51 ₹ Cr
0.0006% share
— YoY
1.30% of Sub-Ch. 7312
Balance
+210.70
Exports
219.74 ₹ Cr
0.0100% share
−4.74% YoY
28.59% of Sub-Ch. 7312
Imports
9.04 ₹ Cr
0.0003% share
−55.92% YoY
0.65% of Sub-Ch. 7312
Balance
+190.98
Exports
201.96 ₹ Cr
0.0094% share
−8.09% YoY
26.23% of Sub-Ch. 7312
Imports
10.98 ₹ Cr
0.0004% share
+21.46% YoY
0.69% of Sub-Ch. 7312
Balance
+330.46
Exports
348.36 ₹ Cr
0.0111% share
+72.49% YoY
29.85% of Sub-Ch. 7312
Imports
17.90 ₹ Cr
0.0004% share
+63.02% YoY
0.80% of Sub-Ch. 7312
Balance
+195.00
Exports
280.91 ₹ Cr
0.0078% share
−19.36% YoY
18.20% of Sub-Ch. 7312
Imports
85.91 ₹ Cr
0.0015% share
+379.94% YoY
3.10% of Sub-Ch. 7312
Balance
+162.68
Exports
296.56 ₹ Cr
0.0082% share
+5.57% YoY
19.65% of Sub-Ch. 7312
Imports
133.88 ₹ Cr
0.0024% share
+55.84% YoY
4.97% of Sub-Ch. 7312
Balance
+202.71
Exports
317.51 ₹ Cr
0.0086% share
+7.06% YoY
20.83% of Sub-Ch. 7312
Imports
114.80 ₹ Cr
0.0019% share
−14.25% YoY
4.07% of Sub-Ch. 7312
CAGR · 7-Year
Exports
5.47% /yr
Imports
33.25% /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 73121030 Export-Import Analysis
Consistent Export Growth: 5.47% CAGR Over 7 Years
India's exports under HSN Code 73121030 have grown at a compound annual rate of 5.47% over 7 fiscal years, rising from ₹230.68 Crore in FY 2018-19 to ₹317.51 Crore in FY 2024-25.
HSN Code 73121030 Ranked #1379 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 73121030 ranks #1379 out of 12657 HSN codes by total export value. Within Sub-Chapter 7312, it ranks #2 of 5. By trade surplus, it ranks #1143 of 12657.
FY 2021-22 Was the Strongest Growth Year for HSN Code 73121030 Exports
The strongest single-year export movement for HSN Code 73121030 was recorded in FY 2021-22, when exports surged by 72.49% over the prior year.
India Maintains a Trade Surplus of ₹202.71 Crore in HSN Code 73121030 Goods
In FY 2024-25, India's exports of ₹317.51 Cr exceeded imports of ₹114.80 Cr, resulting in a trade surplus of ₹202.71 Crore — ranking #1143 of 12657 by surplus magnitude.
Import Growth of 33.25% CAGR Signals Rising Demand for Stranded wire, ropes and cables : Stranded wire
India's imports under HSN Code 73121030 have grown at 33.25% CAGR, reaching ₹114.80 Crore in FY 2024-25.
HSN Code 73121030 Contributes 20.83% of Sub-Chapter 7312 Exports — Ranked #2
Among the 5 HSN codes under Sub-Chapter 7312, HSN Code 73121030 ranks #2 by export value — accounting for 20.83% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.07% share (rank #4).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 73121030 and GST compliance.
What products are classified under HSN 73121030 ?
It includes Iron/Steel Barbed Wire
Can we claim ITC on inputs used to trade Stranded wire, ropes and cables : Stranded wire?
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 Stranded wire, ropes and cables : Stranded wire is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Stranded wire, ropes and cables : Stranded wire; Nil for exempt items if applicable).
Do e‑way bill and e‑invoice apply for Stranded wire, ropes and cables : Stranded wire?
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.
Any common misclassification issue with Stranded wire, ropes and cables : Stranded wire?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
How much GST applies to Stranded wire, ropes and cables : Stranded wire?
Under HSN 73121030, Stranded wire, ropes and cables : Stranded wire attracts Varies when sold in taxable form. Describe the exact form on the invoice.