--- title: "HSN Code for Other Iron/Steel Spikes | HSN 73170029 GST Rate" description: "Find HSN and GST Rates for 73170029 related to Other Iron/Steel Spikes with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-73170029/" --- # HSN Code 73170029: Other Iron/Steel Spikes - [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 : Spikes : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 73170029 ? It includes Other Iron/Steel Articles ### Does packaging or labelling change the GST for Other Iron/Steel Spikes? 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 should mixed supplies be billed when Other Iron/Steel Spikes is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Iron/Steel Spikes; Nil for exempt items if applicable). ### Any common misclassification issue with Other Iron/Steel Spikes? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Other Iron/Steel Spikes? 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 Iron/Steel Spikes? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 73170029 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹4 Cr (+6.22% YoY) — 0.0001% of India's total exports - Imports: ₹3 Cr (−2.08% YoY) — 0.0000% of India's total imports - Trade balance: ₹1 Cr (Surplus); surplus rank #4483 of 12657 HSN codes - Share of Sub-Chapter 7317: 0.46% of its exports; import side 1.21% - Rank within Sub-Chapter 7317: #5 of 9 by export value; import-side #5 ### Key metrics - Export CAGR: 13.79% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #6903 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +61.46% in FY 2022-23 - Contribution to Sub-Ch. 7317: 0.46% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 73170029 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 | 1.81 | 0.0001% | — | 0.50% | < ₹1 Crore | 0.0000% | — | 0.57% | +1.15 | #7058 | | FY 2019-20 | 1.81 | 0.0001% | 0.00% | 0.60% | 1.28 | 0.0000% | +93.94% | 1.17% | +0.53 | #7037 | | FY 2020-21 | 2.17 | 0.0001% | +19.89% | 0.78% | 2.44 | 0.0001% | +90.63% | 1.88% | −0.27 | #6888 | | FY 2021-22 | 2.05 | 0.0001% | −5.53% | 0.35% | 2.37 | 0.0001% | −2.87% | 1.50% | −0.32 | #7294 | | FY 2022-23 | 3.31 | 0.0001% | +61.46% | 0.46% | 2.91 | 0.0001% | +22.78% | 1.58% | +0.40 | #6894 | | FY 2023-24 | 3.70 | 0.0001% | +11.78% | 0.47% | 2.88 | 0.0001% | −1.03% | 1.51% | +0.82 | #6916 | | FY 2024-25 | 3.93 | 0.0001% | +6.22% | 0.46% | 2.82 | 0.0000% | −2.08% | 1.21% | +1.11 | #6903 | - CAGR (7-year): exports 13.79%/yr, imports 27.38%/yr (consistently Surplus) ## Key trade insights: HSN Code 73170029 export-import analysis ### Consistent export growth: 13.79% CAGR over 7 years India's exports under HSN Code 73170029 have grown at a compound annual rate of 13.79% over 7 fiscal years, rising from ₹1.81 Crore in FY 2018-19 to ₹3.93 Crore in FY 2024-25. ### HSN Code 73170029 ranked #6903 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 73170029 ranks #6903 out of 12657 HSN codes by total export value. Within Sub-Chapter 7317, it ranks #5 of 9. By trade surplus, it ranks #4483 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 73170029 exports The strongest single-year export movement for HSN Code 73170029 was recorded in FY 2022-23, when exports surged by 61.46% over the prior year. ### India maintains a trade surplus of ₹1.11 Crore in HSN Code 73170029 goods In FY 2024-25, India's exports of ₹3.93 Cr exceeded imports of ₹2.82 Cr, resulting in a trade surplus of ₹1.11 Crore — ranking #4483 of 12657 by surplus magnitude. ### Import growth of 27.38% CAGR signals rising demand for Other Iron/Steel Spikes India's imports under HSN Code 73170029 have grown at 27.38% CAGR, reaching ₹2.82 Crore in FY 2024-25. ### HSN Code 73170029 contributes 0.46% of Sub-Chapter 7317 exports — ranked #5 Among the 9 HSN codes under Sub-Chapter 7317, HSN Code 73170029 ranks #5 by export value — accounting for 0.46% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.21% share (rank #5). ## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-73170012/) | < ₹1 Crore | | #9 | [HSN Code 73170021: Iron/Steel Dog Spikes](https://busy.in/hsn/hsn-73170021/) | < ₹1 Crore |