--- title: "HSN Code for Leaf-springs for vehicles | HSN 73201011 GST Rate" description: "Find HSN and GST Rates for 73201011 related to Leaf-springs for vehicles with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-73201011/" --- # HSN Code 73201011: Leaf-springs for vehicles - [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 7320: Springs & leaves of iron or steel](https://busy.in/hsn/sub-chapter-7320/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Leaf-springs and leaves therefor : Leaf-springs : For motor vehicles | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 73201011 ? It includes Leaf-springs: Spring leaves ### Any common misclassification issue with Leaf-springs for vehicles? 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 Leaf-springs for vehicles is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Leaf-springs for vehicles; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Leaf-springs for vehicles? 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 Leaf-springs for vehicles? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Does packaging or labelling change the GST for Leaf-springs for vehicles? 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 Leaf-springs for vehicles? Under HSN 73201011, Leaf-springs for vehicles attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 73201011 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹514 Cr (+38.54% YoY) — 0.0140% of India's total exports - Imports: ₹122 Cr (−4.32% YoY) — 0.0020% of India's total imports - Trade balance: ₹391 Cr (Surplus); surplus rank #764 of 12657 HSN codes - Share of Sub-Chapter 7320: 51.16% of its exports; import side 9.20% - Rank within Sub-Chapter 7320: #1 of 8 by export value; import-side #3 ### Key metrics - Export CAGR: 16.59% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #993 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +44.09% in FY 2020-21 - Contribution to Sub-Ch. 7320: 51.16% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 73201011 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. 7320 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7320 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 204.56 | 0.0090% | — | 44.09% | 103.79 | 0.0029% | — | 11.25% | +100.77 | #1295 | | FY 2019-20 | 196.60 | 0.0089% | −3.89% | 45.95% | 85.78 | 0.0026% | −17.35% | 10.02% | +110.82 | #1343 | | FY 2020-21 | 283.29 | 0.0132% | +44.09% | 54.99% | 101.96 | 0.0035% | +18.86% | 12.11% | +181.33 | #1065 | | FY 2021-22 | 382.95 | 0.0122% | +35.18% | 53.96% | 89.88 | 0.0020% | −11.85% | 9.34% | +293.07 | #1066 | | FY 2022-23 | 335.69 | 0.0093% | −12.34% | 49.13% | 114.61 | 0.0020% | +27.51% | 9.66% | +221.08 | #1233 | | FY 2023-24 | 370.85 | 0.0102% | +10.47% | 49.86% | 127.87 | 0.0023% | +11.57% | 10.46% | +242.98 | #1221 | | FY 2024-25 | 513.78 | 0.0140% | +38.54% | 51.16% | 122.34 | 0.0020% | −4.32% | 9.20% | +391.44 | #993 | - CAGR (7-year): exports 16.59%/yr, imports 2.78%/yr (consistently Surplus) ## Key trade insights: HSN Code 73201011 export-import analysis ### Consistent export growth: 16.59% CAGR over 7 years India's exports under HSN Code 73201011 have grown at a compound annual rate of 16.59% over 7 fiscal years, rising from ₹204.56 Crore in FY 2018-19 to ₹513.78 Crore in FY 2024-25. ### HSN Code 73201011 ranked #993 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 73201011 ranks #993 out of 12657 HSN codes by total export value. Within Sub-Chapter 7320, it ranks #1 of 8. By trade surplus, it ranks #764 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 73201011 exports The strongest single-year export movement for HSN Code 73201011 was recorded in FY 2020-21, when exports surged by 44.09% over the prior year. ### India maintains a trade surplus of ₹391.44 Crore in HSN Code 73201011 goods In FY 2024-25, India's exports of ₹513.78 Cr exceeded imports of ₹122.34 Cr, resulting in a trade surplus of ₹391.44 Crore — ranking #764 of 12657 by surplus magnitude. ### Import growth of 2.78% CAGR signals stable import dependency for Leaf-springs for vehicles India's imports under HSN Code 73201011 have grown at 2.78% CAGR, reaching ₹122.34 Crore in FY 2024-25. ### HSN Code 73201011 contributes 51.16% of Sub-Chapter 7320 exports — ranked #1 Among the 8 HSN codes under Sub-Chapter 7320, HSN Code 73201011 ranks #1 by export value — accounting for 51.16% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 9.20% share (rank #3). ## Related HSN Codes in Sub-Chapter 7320 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 73201011: Leaf-springs for vehicles (this hsn code) | ₹514 Cr | | #2 | [HSN Code 73202000: Helical Springs](https://busy.in/hsn/hsn-73202000/) | ₹215 Cr | | #3 | [HSN Code 73209090: Springs and leaves for springs of iron or steel \| Other](https://busy.in/hsn/hsn-73209090/) | ₹191 Cr | | #4 | [HSN Code 73201020: Leaf-springs: Spring leaves](https://busy.in/hsn/hsn-73201020/) | ₹41 Cr | | #5 | [HSN Code 73209020: Other \| Spring Pins](https://busy.in/hsn/hsn-73209020/) | ₹18 Cr | | #6 | [HSN Code 73201019: Leaf-springs, other](https://busy.in/hsn/hsn-73201019/) | ₹14 Cr | | #7 | [HSN Code 73209010: Coil springs: Railways, tramways](https://busy.in/hsn/hsn-73209010/) | ₹11 Cr | | #8 | [HSN Code 73201012: Leaf-Springs & Leaves for Railways and Tramways](https://busy.in/hsn/hsn-73201012/) | < ₹1 Crore |