HSN Code 73151900: Chain Parts

HSN Code 73151900 represents Chain Parts under GST classification. This code helps businesses identify Chain Parts correctly for billing, taxation, and trade. With HSN Code 73151900, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Chain Parts.

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Description of Goods for HSN Code 73151900

HSN Code 73151900 relates to the following description.

Description of Goods

Articulated link chain and parts thereof : Parts

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 73151900 not include?

Chain Parts 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 73151900 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

₹29 Cr

+5.51% vs FY 2023-24

0.0008% of India’s total exports

India’s Imports

FY 2024-25

₹116 Cr

+18.63% vs FY 2023-24

0.0019% of India’s total imports

Trade Balance

FY 2024-25

−₹86 Cr

Trade Deficit

Surplus rank #10687 of 12657 HSN codes

% of Sub-Chapter 7315

FY 2024-25

4.96%

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

Import side: 13.70% of Sub-Chapter 7315’s imports

Rank Within Sub-Chapter 7315

FY 2024-25

#6 of 10

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

Import-side rank: #3 of 10

At a glance

16.93%

Export CAGR

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

#4363

National Export Rank

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

+36.39%

Peak Growth Year

FY 2021-22 · strongest single-year move

4.96%

Contribution to Sub-Ch. 7315

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

India Export-Import Trade Statistics for HSN Code 73151900

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 #4832

Balance

−62.97

Exports

11.47 ₹ Cr

0.0005% share

— YoY

3.32% of Sub-Ch. 7315

Imports

74.44 ₹ Cr

0.0021% share

— YoY

13.31% of Sub-Ch. 7315

FY 2019-20 Exp. Rank #4600

Balance

−58.22

Exports

13.83 ₹ Cr

0.0006% share

+20.58% YoY

3.91% of Sub-Ch. 7315

Imports

72.05 ₹ Cr

0.0022% share

−3.21% YoY

15.08% of Sub-Ch. 7315

FY 2020-21 Exp. Rank #4657

Balance

−65.71

Exports

14.18 ₹ Cr

0.0007% share

+2.53% YoY

4.21% of Sub-Ch. 7315

Imports

79.89 ₹ Cr

0.0027% share

+10.88% YoY

12.94% of Sub-Ch. 7315

FY 2021-22 Exp. Rank #4645

Balance

−57.95

Exports

19.34 ₹ Cr

0.0006% share

+36.39% YoY

3.87% of Sub-Ch. 7315

Imports

77.29 ₹ Cr

0.0017% share

−3.25% YoY

13.66% of Sub-Ch. 7315

FY 2022-23 Exp. Rank #4410

Balance

−67.25

Exports

24.84 ₹ Cr

0.0007% share

+28.44% YoY

4.54% of Sub-Ch. 7315

Imports

92.09 ₹ Cr

0.0016% share

+19.15% YoY

13.83% of Sub-Ch. 7315

FY 2023-24 Exp. Rank #4352

Balance

−69.79

Exports

27.79 ₹ Cr

0.0008% share

+11.88% YoY

5.25% of Sub-Ch. 7315

Imports

97.58 ₹ Cr

0.0017% share

+5.96% YoY

13.72% of Sub-Ch. 7315

FY 2024-25 Exp. Rank #4363

Balance

−86.44

Exports

29.32 ₹ Cr

0.0008% share

+5.51% YoY

4.96% of Sub-Ch. 7315

Imports

115.76 ₹ Cr

0.0019% share

+18.63% YoY

13.70% of Sub-Ch. 7315

CAGR · 7-Year

Exports

16.93% /yr

Imports

7.64% /yr

Consistently Deficit
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 73151900 Export-Import Analysis

Consistent Export Growth: 16.93% CAGR Over 7 Years

India's exports under HSN Code 73151900 have grown at a compound annual rate of 16.93% over 7 fiscal years, rising from ₹11.47 Crore in FY 2018-19 to ₹29.32 Crore in FY 2024-25.

HSN Code 73151900 Ranked #4363 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 73151900 ranks #4363 out of 12657 HSN codes by total export value. Within Sub-Chapter 7315, it ranks #6 of 10. By trade surplus, it ranks #10687 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 73151900 Exports

The strongest single-year export movement for HSN Code 73151900 was recorded in FY 2021-22, when exports surged by 36.39% over the prior year.

India Records a Trade Deficit of ₹86.44 Crore in HSN Code 73151900 Goods

In FY 2024-25, India's imports of ₹115.76 Cr exceeded exports of ₹29.32 Cr, resulting in a trade deficit of ₹86.44 Crore — ranking #10687 of 12657 by surplus magnitude.

Import Growth of 7.64% CAGR Signals Stable Import Dependency for Chain Parts

India's imports under HSN Code 73151900 have grown at 7.64% CAGR, reaching ₹115.76 Crore in FY 2024-25.

HSN Code 73151900 Contributes 4.96% of Sub-Chapter 7315 Exports — Ranked #6

Among the 10 HSN codes under Sub-Chapter 7315, HSN Code 73151900 ranks #6 by export value — accounting for 4.96% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 13.70% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 73151900 and GST compliance.

What products are classified under HSN 73151900 ?

It includes Other Chain | Other, Welded Link

Any common misclassification issue with Chain Parts?

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

How should mixed supplies be billed when Chain Parts is sold with other items?

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

Can we claim ITC on inputs used to trade Chain Parts?

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

Does packaging or labelling change the GST for Chain Parts?

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.

Do e‑way bill and e‑invoice apply for Chain Parts?

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 Chain Parts?

Under HSN 73151900, Chain Parts attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.