HSN Code 73159000: Other Parts

HSN Code 73159000 represents Other Parts under GST classification. This code helps businesses identify Other Parts correctly for billing, taxation, and trade. With HSN Code 73159000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Parts.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 73159000

HSN Code 73159000 relates to the following description.

Description of Goods

Other 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 73159000 not include?

Other 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 73159000 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

₹59 Cr

+14.84% vs FY 2023-24

0.0016% of India’s total exports

India’s Imports

FY 2024-25

₹64 Cr

+30.92% vs FY 2023-24

0.0011% of India’s total imports

Trade Balance

FY 2024-25

−₹5 Cr

Trade Deficit

Surplus rank #8626 of 12657 HSN codes

% of Sub-Chapter 7315

FY 2024-25

10.01%

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

Import side: 7.60% of Sub-Chapter 7315’s imports

Rank Within Sub-Chapter 7315

FY 2024-25

#4 of 10

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

Import-side rank: #5 of 10

At a glance

5.54%

Export CAGR

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

#3391

National Export Rank

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

+28.94%

Peak Growth Year

FY 2021-22 · strongest single-year move

10.01%

Contribution to Sub-Ch. 7315

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

India Export-Import Trade Statistics for HSN Code 73159000

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 #3109

Balance

−38.93

Exports

42.78 ₹ Cr

0.0019% share

— YoY

12.38% of Sub-Ch. 7315

Imports

81.71 ₹ Cr

0.0023% share

— YoY

14.61% of Sub-Ch. 7315

FY 2019-20 Exp. Rank #3030

Balance

−7.66

Exports

45.25 ₹ Cr

0.0021% share

+5.77% YoY

12.80% of Sub-Ch. 7315

Imports

52.91 ₹ Cr

0.0016% share

−35.25% YoY

11.07% of Sub-Ch. 7315

FY 2020-21 Exp. Rank #3013

Balance

−11.28

Exports

47.54 ₹ Cr

0.0022% share

+5.06% YoY

14.12% of Sub-Ch. 7315

Imports

58.82 ₹ Cr

0.0020% share

+11.17% YoY

9.53% of Sub-Ch. 7315

FY 2021-22 Exp. Rank #3081

Balance

+13.78

Exports

61.30 ₹ Cr

0.0020% share

+28.94% YoY

12.26% of Sub-Ch. 7315

Imports

47.52 ₹ Cr

0.0010% share

−19.21% YoY

8.40% of Sub-Ch. 7315

FY 2022-23 Exp. Rank #3043

Balance

+24.59

Exports

69.83 ₹ Cr

0.0019% share

+13.92% YoY

12.76% of Sub-Ch. 7315

Imports

45.24 ₹ Cr

0.0008% share

−4.80% YoY

6.79% of Sub-Ch. 7315

FY 2023-24 Exp. Rank #3485

Balance

+2.43

Exports

51.49 ₹ Cr

0.0014% share

−26.26% YoY

9.72% of Sub-Ch. 7315

Imports

49.06 ₹ Cr

0.0009% share

+8.44% YoY

6.90% of Sub-Ch. 7315

FY 2024-25 Exp. Rank #3391

Balance

−5.10

Exports

59.13 ₹ Cr

0.0016% share

+14.84% YoY

10.01% of Sub-Ch. 7315

Imports

64.23 ₹ Cr

0.0011% share

+30.92% YoY

7.60% of Sub-Ch. 7315

CAGR · 7-Year

Exports

5.54% /yr

Imports

−3.93% /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 73159000 Export-Import Analysis

Consistent Export Growth: 5.54% CAGR Over 7 Years

India's exports under HSN Code 73159000 have grown at a compound annual rate of 5.54% over 7 fiscal years, rising from ₹42.78 Crore in FY 2018-19 to ₹59.13 Crore in FY 2024-25.

HSN Code 73159000 Ranked #3391 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 73159000 ranks #3391 out of 12657 HSN codes by total export value. Within Sub-Chapter 7315, it ranks #4 of 10. By trade surplus, it ranks #8626 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 73159000 Exports

The strongest single-year export movement for HSN Code 73159000 was recorded in FY 2021-22, when exports surged by 28.94% over the prior year.

India Records a Trade Deficit of ₹5.10 Crore in HSN Code 73159000 Goods

In FY 2024-25, India's imports of ₹64.23 Cr exceeded exports of ₹59.13 Cr, resulting in a trade deficit of ₹5.10 Crore — ranking #8626 of 12657 by surplus magnitude.

Import Growth of −3.93% CAGR Signals Stable Import Dependency for Other Parts

India's imports under HSN Code 73159000 have grown at −3.93% CAGR, reaching ₹64.23 Crore in FY 2024-25.

HSN Code 73159000 Contributes 10.01% of Sub-Chapter 7315 Exports — Ranked #4

Among the 10 HSN codes under Sub-Chapter 7315, HSN Code 73159000 ranks #4 by export value — accounting for 10.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 7.60% share (rank #5).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 73159000 and GST compliance.

What products are classified under HSN 73159000 ?

It includes Nails (for Animal Shoes)

Does packaging or labelling change the GST for Other 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.

How much GST applies to Other Parts?

Under HSN 73159000, Other Parts attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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

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

Do e‑way bill and e‑invoice apply for Other 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.

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

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

Any common misclassification issue with Other Parts?

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.