HSN Code 73151220: Articulated link chain and ship chain

HSN Code 73151220 represents Articulated link chain and ship chain under GST classification. This code helps businesses identify Articulated link chain and ship chain correctly for billing, taxation, and trade. With HSN Code 73151220, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Articulated link chain and ship chain.

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Description of Goods for HSN Code 73151220

HSN Code 73151220 relates to the following description.

Description of Goods

Articulated link chain and parts thereof : Other chain : Ship chain

Chapter

73 - Articles of iron or steel

Sub Chapter

7315 - Chain and parts thereof, of iron or steel

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 73151220 not include?

Articulated link chain and ship chain does not include products with the following descriptions.

HSN Code 73151210

Articulated link chain and parts thereof : Other chain : Lifting and hoisting chain

India’s Trade Performance — HSN Code 73151220 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

₹2 Cr

+329.63% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−46.43% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹2 Cr

Trade Surplus

Surplus rank #4328 of 12657 HSN codes

% of Sub-Chapter 7315

FY 2024-25

0.39%

Share of Sub-Chapter 7315’s total exports in FY 2024-25

Import side: 0.09% of Sub-Chapter 7315’s imports

Rank Within Sub-Chapter 7315

FY 2024-25

#9 of 10

Position by export value among HSN codes in Sub-Chapter 7315

Import-side rank: #10 of 10

At a glance

1.12%

Export CAGR

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

#7467

National Export Rank

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

+329.63%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.39%

Contribution to Sub-Ch. 7315

Share of Sub-Chapter 7315 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 73151220

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 #6862

Balance

+1.67

Exports

2.17 ₹ Cr

0.0001% share

— YoY

0.63% of Sub-Ch. 7315

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.09% of Sub-Ch. 7315

FY 2019-20 Exp. Rank #7284

Balance

+1.11

Exports

1.40 ₹ Cr

0.0001% share

−35.48% YoY

0.40% of Sub-Ch. 7315

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−42.00% YoY

0.06% of Sub-Ch. 7315

FY 2020-21 Exp. Rank #7209

Balance

+0.01

Exports

1.63 ₹ Cr

0.0001% share

+16.43% YoY

0.48% of Sub-Ch. 7315

Imports

1.62 ₹ Cr

0.0001% share

+458.62% YoY

0.26% of Sub-Ch. 7315

FY 2021-22 Exp. Rank #8813

Balance

−1.68

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−77.91% YoY

0.07% of Sub-Ch. 7315

Imports

2.04 ₹ Cr

0.0000% share

+25.93% YoY

0.36% of Sub-Ch. 7315

FY 2022-23 Exp. Rank #7724

Balance

+0.64

Exports

1.52 ₹ Cr

0.0000% share

+322.22% YoY

0.28% of Sub-Ch. 7315

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−56.86% YoY

0.13% of Sub-Ch. 7315

FY 2023-24 Exp. Rank #8736

Balance

−0.86

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−64.47% YoY

0.10% of Sub-Ch. 7315

Imports

1.40 ₹ Cr

0.0000% share

+59.09% YoY

0.20% of Sub-Ch. 7315

FY 2024-25 Exp. Rank #7467

Balance

+1.57

Exports

2.32 ₹ Cr

0.0001% share

+329.63% YoY

0.39% of Sub-Ch. 7315

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−46.43% YoY

0.09% of Sub-Ch. 7315

CAGR · 7-Year

Exports

1.12% /yr

Imports

6.99% /yr

Consistently Surplus
Sub-Chapter 7315 total

reference, FY 2024-25

Export

₹590.76 Cr

Import

₹845.26 Cr

Trade Balance

−254.50

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

Key Trade Insights: HSN Code 73151220 Export-Import Analysis

Consistent Export Growth: 1.12% CAGR Over 7 Years

India's exports under HSN Code 73151220 have grown at a compound annual rate of 1.12% over 7 fiscal years, rising from ₹2.17 Crore in FY 2018-19 to ₹2.32 Crore in FY 2024-25.

HSN Code 73151220 Ranked #7467 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 73151220 ranks #7467 out of 12657 HSN codes by total export value. Within Sub-Chapter 7315, it ranks #9 of 10. By trade surplus, it ranks #4328 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 73151220 Exports

The strongest single-year export movement for HSN Code 73151220 was recorded in FY 2024-25, when exports surged by 329.63% over the prior year.

India Maintains a Trade Surplus of ₹1.57 Crore in HSN Code 73151220 Goods

In FY 2024-25, India's exports of ₹2.32 Cr exceeded imports of ₹0.75 Cr, resulting in a trade surplus of ₹1.57 Crore — ranking #4328 of 12657 by surplus magnitude.

Import Growth of 6.99% CAGR Signals Stable Import Dependency for Articulated link chain and ship chain

India's imports under HSN Code 73151220 have grown at 6.99% CAGR, reaching ₹0.75 Crore in FY 2024-25.

HSN Code 73151220 Contributes 0.39% of Sub-Chapter 7315 Exports — Ranked #9

Among the 10 HSN codes under Sub-Chapter 7315, HSN Code 73151220 ranks #9 by export value — accounting for 0.39% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.09% share (rank #10).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 73151220 and GST compliance.

What products are classified under HSN 73151220 ?

It includes Skid chain

How much GST applies to Articulated link chain and ship chain?

Under HSN 73151220, Articulated link chain and ship chain attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Articulated link chain and ship 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 should mixed supplies be billed when Articulated link chain and ship chain is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Articulated link chain and ship chain; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Articulated link chain and ship 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.

Any common misclassification issue with Articulated link chain and ship chain?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

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.