What products are classified under HSN 73160090 ?
It includes Iron/Steel Wire Nails
HSN Code 73160090 represents Anchors and parts: Iron or steel under GST classification. This code helps businesses identify Anchors and parts: Iron or steel correctly for billing, taxation, and trade. With HSN Code 73160090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Anchors and parts: Iron or steel.
HSN Code 73160090 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 : Parts | 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 : Parts | 9% | 9% | 18% | 0% |
Anchors and parts: Iron or steel does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Anchors, grapnels and parts thereof, of iron or steel : Anchors and grapnels | |
| Anchors, grapnels and parts thereof, of iron or steel : Anchors and grapnels |
Anchors, grapnels and parts thereof, of iron or steel : Anchors and grapnels
Anchors, grapnels and parts thereof, of iron or steel : Anchors and grapnels
It includes Iron/Steel Wire Nails
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
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 73160090, Anchors and parts: Iron or steel attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Anchors and parts: 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.
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.