--- title: "HSN Code for Lifting & Hoisting Chain | HSN 73151210 GST Rate" description: "Find HSN and GST Rates for 73151210 related to Lifting & Hoisting Chain with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-73151210/" --- # HSN Code 73151210: Lifting & Hoisting Chain - [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 7315: Chains & parts of iron or steel](https://busy.in/hsn/sub-chapter-7315/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Articulated link chain and parts thereof : Other chain : Lifting and hoisting chain | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 73151210 ? It includes Chain Parts ### How should mixed supplies be billed when Lifting & Hoisting Chain is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Lifting & Hoisting Chain; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Lifting & Hoisting Chain? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Lifting & Hoisting Chain? Under HSN 73151210, Lifting & Hoisting Chain attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Lifting & Hoisting Chain? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Lifting & Hoisting Chain? 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. ## India's trade performance: HSN Code 73151210 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹47 Cr (−10.83% YoY) — 0.0013% of India's total exports - Imports: ₹23 Cr (+2.54% YoY) — 0.0004% of India's total imports - Trade balance: ₹24 Cr (Surplus); surplus rank #2703 of 12657 HSN codes - Share of Sub-Chapter 7315: 7.87% of its exports; import side 2.68% - Rank within Sub-Chapter 7315: #5 of 10 by export value; import-side #8 ### Key metrics - Export CAGR: 21.43% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3709 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +99.41% in FY 2020-21 - Contribution to Sub-Ch. 7315: 7.87% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 73151210 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. 7315 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7315 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 14.51 | 0.0006% | — | 4.20% | 7.65 | 0.0002% | — | 1.37% | +6.86 | #4519 | | FY 2019-20 | 13.54 | 0.0006% | −6.69% | 3.83% | 11.18 | 0.0003% | +46.14% | 2.34% | +2.36 | #4632 | | FY 2020-21 | 27.00 | 0.0013% | +99.41% | 8.02% | 10.71 | 0.0004% | −4.20% | 1.73% | +16.29 | #3799 | | FY 2021-22 | 49.02 | 0.0016% | +81.56% | 9.80% | 10.43 | 0.0002% | −2.61% | 1.84% | +38.59 | #3388 | | FY 2022-23 | 57.00 | 0.0016% | +16.28% | 10.42% | 17.75 | 0.0003% | +70.18% | 2.67% | +39.25 | #3298 | | FY 2023-24 | 52.16 | 0.0014% | −8.49% | 9.85% | 22.08 | 0.0004% | +24.39% | 3.10% | +30.08 | #3472 | | FY 2024-25 | 46.51 | 0.0013% | −10.83% | 7.87% | 22.64 | 0.0004% | +2.54% | 2.68% | +23.87 | #3709 | - CAGR (7-year): exports 21.43%/yr, imports 19.82%/yr (consistently Surplus) ## Key trade insights: HSN Code 73151210 export-import analysis ### Consistent export growth: 21.43% CAGR over 7 years India's exports under HSN Code 73151210 have grown at a compound annual rate of 21.43% over 7 fiscal years, rising from ₹14.51 Crore in FY 2018-19 to ₹46.51 Crore in FY 2024-25. ### HSN Code 73151210 ranked #3709 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 73151210 ranks #3709 out of 12657 HSN codes by total export value. Within Sub-Chapter 7315, it ranks #5 of 10. By trade surplus, it ranks #2703 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 73151210 exports The strongest single-year export movement for HSN Code 73151210 was recorded in FY 2020-21, when exports surged by 99.41% over the prior year. ### India maintains a trade surplus of ₹23.87 Crore in HSN Code 73151210 goods In FY 2024-25, India's exports of ₹46.51 Cr exceeded imports of ₹22.64 Cr, resulting in a trade surplus of ₹23.87 Crore — ranking #2703 of 12657 by surplus magnitude. ### Import growth of 19.82% CAGR signals rising demand for Lifting & Hoisting Chain India's imports under HSN Code 73151210 have grown at 19.82% CAGR, reaching ₹22.64 Crore in FY 2024-25. ### HSN Code 73151210 contributes 7.87% of Sub-Chapter 7315 exports — ranked #5 Among the 10 HSN codes under Sub-Chapter 7315, HSN Code 73151210 ranks #5 by export value — accounting for 7.87% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.68% share (rank #8). ## Related HSN Codes in Sub-Chapter 7315 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 73151100: Roller chain](https://busy.in/hsn/hsn-73151100/) | ₹265 Cr | | #2 | [HSN Code 73151290: Articulated link chain: Other chain](https://busy.in/hsn/hsn-73151290/) | ₹113 Cr | | #3 | [HSN Code 73158900: Other Chain \| Other](https://busy.in/hsn/hsn-73158900/) | ₹62 Cr | | #4 | [HSN Code 73159000: Other Parts](https://busy.in/hsn/hsn-73159000/) | ₹59 Cr | | #5 | HSN Code 73151210: Lifting & Hoisting Chain (this hsn code) | ₹47 Cr | | #6 | [HSN Code 73151900: Chain Parts](https://busy.in/hsn/hsn-73151900/) | ₹29 Cr | | #7 | [HSN Code 73158200: Other Chain \| Other, Welded Link](https://busy.in/hsn/hsn-73158200/) | ₹7 Cr | | #8 | [HSN Code 73158100: Other chain : Stud-link](https://busy.in/hsn/hsn-73158100/) | ₹6 Cr | | #9 | [HSN Code 73151220: Articulated link chain and ship chain](https://busy.in/hsn/hsn-73151220/) | ₹2 Cr | | #10 | [HSN Code 73152000: Skid chain](https://busy.in/hsn/hsn-73152000/) | < ₹1 Crore |