What products are classified under HSN 73160010 ?
It includes Nails for heel strips
HSN Code 73160010 represents Anchors, Grapnels & Parts Thereof of Iron or Steel under GST classification. This code helps businesses identify Anchors, Grapnels & Parts Thereof of Iron or Steel correctly for billing, taxation, and trade. With HSN Code 73160010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Anchors, Grapnels & Parts Thereof of Iron or Steel.
HSN Code 73160010 relates to the following description:
| Chapter Number | Chapter Name | Sub Chapter Number | Sub Chapter Name | Description of Goods | CGST (%) |
SGST (%) |
IGST (%) |
CESS (%) |
|---|---|---|---|---|---|---|---|---|
| 73 | Articles of iron or steel | 7316 | Anchors, grapnels and parts thereof, of iron or steel | Anchors, grapnels and parts thereof, of iron or steel : Anchors and grapnels | 9% | 9% | 18% | 0% |
| 73 | Articles of iron or steel | 7316 | Anchors, grapnels and parts thereof, of iron or steel | Anchors, grapnels and parts thereof, of iron or steel : Anchors and grapnels | 9% | 9% | 18% | 0% |
Anchors, Grapnels & Parts Thereof of Iron or Steel does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Anchors, grapnels and parts thereof, of iron or steel : Parts | |
| Anchors, grapnels and parts thereof, of iron or steel : Parts |
Anchors, grapnels and parts thereof, of iron or steel : Parts
Anchors, grapnels and parts thereof, of iron or steel : Parts
It includes Nails for heel strips
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Anchors, Grapnels & Parts Thereof of Iron or Steel; Nil for exempt items if applicable).
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.
Under HSN 73160010, Anchors, Grapnels & Parts Thereof of Iron or Steel attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.