--- title: "HSN Code for Nails for heel strips | HSN 73170012 GST Rate" description: "Find HSN and GST Rates for 73170012 related to Nails for heel strips with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-73170012/" --- # HSN Code 73170012: Nails for heel strips - [Section 15: Guide to HSN Section 15](https://busy.in/hsn/section-15/) - [Chapter 73: Articles Made of Iron/Steel](https://busy.in/hsn/chapter-73/) - [Sub-chapter 7317: Nails & Pins](https://busy.in/hsn/sub-chapter-7317/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Nails, tacks, drawing pins, corrugated nails, staples (other than those of heading 8305) and similar articles, of iron or steel, whether or not with heads of other material, but excluding such articles with heads of copper : Nails : For fixing heel strips and toe plates | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 73170012 ? It includes Iron/Steel Dog Spikes ### Can we claim ITC on inputs used to trade Nails for heel strips? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Nails for heel strips? 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 Nails for heel strips? 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 Nails for heel strips is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Nails for heel strips; Nil for exempt items if applicable). ### How much GST applies to Nails for heel strips? Under HSN 73170012, Nails for heel strips attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 73170012 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+200.00% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore (+100.00% YoY) — 0.0000% of India's total imports - Trade balance: −< ₹1 Crore (Deficit); surplus rank #7525 of 12657 HSN codes - Share of Sub-Chapter 7317: 0.00% of its exports; import side 0.12% - Rank within Sub-Chapter 7317: #8 of 9 by export value; import-side #7 ### Key metrics - Export CAGR: -30.23% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #10193 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +300.00% in FY 2022-23 - Contribution to Sub-Ch. 7317: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 73170012 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 7317 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7317 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.07% | < ₹1 Crore | 0.0000% | — | 0.21% | +0.01 | #8641 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −96.15% | 0.00% | < ₹1 Crore | 0.0000% | +80.00% | 0.41% | −0.44 | #9870 | | FY 2020-21 | Nil | 0.0000% | −100.00% | 0.00% | < ₹1 Crore | 0.0000% | −35.56% | 0.22% | −0.29 | — | | FY 2021-22 | < ₹1 Crore | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | −68.97% | 0.06% | −0.08 | #10198 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +300.00% | 0.01% | < ₹1 Crore | 0.0000% | −66.67% | 0.02% | +0.01 | #9967 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −75.00% | 0.00% | < ₹1 Crore | 0.0000% | +366.67% | 0.07% | −0.13 | #10473 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +200.00% | 0.00% | < ₹1 Crore | 0.0000% | +100.00% | 0.12% | −0.25 | #10193 | - CAGR (7-year): exports -30.23%/yr, imports 1.91%/yr (consistently Deficit) ## Key trade insights: HSN Code 73170012 export-import analysis ### Export decline: -30.23% CAGR over 7 years India's exports under HSN Code 73170012 have declined at a compound annual rate of -30.23% over 7 fiscal years, falling from ₹0.26 Crore in FY 2018-19 to ₹0.03 Crore in FY 2024-25. ### HSN Code 73170012 ranked #10193 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 73170012 ranks #10193 out of 12657 HSN codes by total export value. Within Sub-Chapter 7317, it ranks #8 of 9. By trade surplus, it ranks #7525 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 73170012 exports The strongest single-year export movement for HSN Code 73170012 was recorded in FY 2022-23, when exports surged by 300.00% over the prior year. ### India records a trade deficit of ₹0.25 Crore in HSN Code 73170012 goods In FY 2024-25, India's imports of ₹0.28 Cr exceeded exports of ₹0.03 Cr, resulting in a trade deficit of ₹0.25 Crore — ranking #7525 of 12657 by surplus magnitude. ### Import growth of 1.91% CAGR signals stable import dependency for Nails for heel strips India's imports under HSN Code 73170012 have grown at 1.91% CAGR, reaching ₹0.28 Crore in FY 2024-25. ### HSN Code 73170012 contributes 0.00% of Sub-Chapter 7317 exports — ranked #8 Among the 9 HSN codes under Sub-Chapter 7317, HSN Code 73170012 ranks #8 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.12% share (rank #7). ## Related HSN Codes in Sub-Chapter 7317 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 73170019: Other Iron/Steel Nails](https://busy.in/hsn/hsn-73170019/) | ₹374 Cr | | #2 | [HSN Code 73170013: Iron/Steel Wire Nails](https://busy.in/hsn/hsn-73170013/) | ₹307 Cr | | #3 | [HSN Code 73170099: Other Iron/Steel Articles](https://busy.in/hsn/hsn-73170099/) | ₹152 Cr | | #4 | [HSN Code 73170011: Nails (for Animal Shoes)](https://busy.in/hsn/hsn-73170011/) | ₹19 Cr | | #5 | [HSN Code 73170029: Other Iron/Steel Spikes](https://busy.in/hsn/hsn-73170029/) | ₹4 Cr | | #6 | [HSN Code 73170030: Iron/Steel Tacks](https://busy.in/hsn/hsn-73170030/) | ₹4 Cr | | #7 | [HSN Code 73170091: Staples And Drawing Pins](https://busy.in/hsn/hsn-73170091/) | < ₹1 Crore | | #8 | HSN Code 73170012: Nails for heel strips (this hsn code) | < ₹1 Crore | | #9 | [HSN Code 73170021: Iron/Steel Dog Spikes](https://busy.in/hsn/hsn-73170021/) | < ₹1 Crore |