--- title: "HSN Code for Leaf-Springs & Leaves for Railways and Tramways | HSN 73201012 GST Rate" description: "Find HSN and GST Rates for 73201012 related to Leaf-Springs & Leaves for Railways and Tramways with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-73201012/" --- # HSN Code 73201012: Leaf-Springs & Leaves for Railways and Tramways - [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 railways and tramways | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 73201012 ? It includes Helical Springs ### How much GST applies to Leaf-Springs & Leaves for Railways and Tramways? Under HSN 73201012, Leaf-Springs & Leaves for Railways and Tramways attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Leaf-Springs & Leaves for Railways and Tramways? 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. ### Does packaging or labelling change the GST for Leaf-Springs & Leaves for Railways and Tramways? 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 Leaf-Springs & Leaves for Railways and Tramways is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Leaf-Springs & Leaves for Railways and Tramways; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Leaf-Springs & Leaves for Railways and Tramways? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Any common misclassification issue with Leaf-Springs & Leaves for Railways and Tramways? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 73201012 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−94.57% YoY) — 0.0000% of India's total exports - Imports: ₹4 Cr (+44.72% YoY) — 0.0001% of India's total imports - Trade balance: −₹4 Cr (Deficit); surplus rank #8503 of 12657 HSN codes - Share of Sub-Chapter 7320: 0.01% of its exports; import side 0.31% - Rank within Sub-Chapter 7320: #8 of 8 by export value; import-side #8 ### Key metrics - Export CAGR: 23.22% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9908 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +3,200.00% in FY 2021-22 - Contribution to Sub-Ch. 7320: 0.01% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 73201012 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 | < ₹1 Crore | 0.0000% | — | 0.00% | 8.15 | 0.0002% | — | 0.88% | −8.13 | #9774 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +250.00% | 0.02% | 17.03 | 0.0005% | +108.96% | 1.99% | −16.96 | #9335 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −71.43% | 0.00% | 12.75 | 0.0004% | −25.13% | 1.51% | −12.73 | #9824 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +3,200.00% | 0.09% | 9.56 | 0.0002% | −25.02% | 0.99% | −8.90 | #8368 | | FY 2022-23 | 1.14 | 0.0000% | +72.73% | 0.17% | 2.40 | 0.0000% | −74.90% | 0.20% | −1.26 | #7989 | | FY 2023-24 | 1.29 | 0.0000% | +13.16% | 0.17% | 2.84 | 0.0001% | +18.33% | 0.23% | −1.55 | #8001 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −94.57% | 0.01% | 4.11 | 0.0001% | +44.72% | 0.31% | −4.04 | #9908 | - CAGR (7-year): exports 23.22%/yr, imports -10.78%/yr (consistently Deficit) ## Key trade insights: HSN Code 73201012 export-import analysis ### Consistent export growth: 23.22% CAGR over 7 years India's exports under HSN Code 73201012 have grown at a compound annual rate of 23.22% over 7 fiscal years, rising from ₹0.02 Crore in FY 2018-19 to ₹0.07 Crore in FY 2024-25. ### HSN Code 73201012 ranked #9908 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 73201012 ranks #9908 out of 12657 HSN codes by total export value. Within Sub-Chapter 7320, it ranks #8 of 8. By trade surplus, it ranks #8503 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 73201012 exports The strongest single-year export movement for HSN Code 73201012 was recorded in FY 2021-22, when exports surged by 3,200.00% over the prior year. ### India records a trade deficit of ₹4.04 Crore in HSN Code 73201012 goods In FY 2024-25, India's imports of ₹4.11 Cr exceeded exports of ₹0.07 Cr, resulting in a trade deficit of ₹4.04 Crore — ranking #8503 of 12657 by surplus magnitude. ### Import growth of -10.78% CAGR signals stable import dependency for Leaf-Springs & Leaves for Railways and Tramways India's imports under HSN Code 73201012 have grown at -10.78% CAGR, reaching ₹4.11 Crore in FY 2024-25. ### HSN Code 73201012 contributes 0.01% of Sub-Chapter 7320 exports — ranked #8 Among the 8 HSN codes under Sub-Chapter 7320, HSN Code 73201012 ranks #8 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.31% share (rank #8). ## 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](https://busy.in/hsn/hsn-73201011/) | ₹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 (this hsn code) | < ₹1 Crore |