HSN Code 73201012: Leaf-Springs & Leaves for Railways and Tramways

HSN Code 73201012 represents Leaf-Springs & Leaves for Railways and Tramways under GST classification. This code helps businesses identify Leaf-Springs & Leaves for Railways and Tramways correctly for billing, taxation, and trade. With HSN Code 73201012, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Leaf-Springs & Leaves for Railways and Tramways.

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Description of Goods for HSN Code 73201012

HSN Code 73201012 relates to the following description.

Description of Goods

Leaf-springs and leaves therefor : Leaf-springs : For railways and tramways

Chapter

73 - Articles of iron or steel

Sub Chapter

7320 - Springs and leaves for springs, of iron or steel

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 73201012 not include?

Leaf-Springs & Leaves for Railways and Tramways does not include products with the following descriptions.

India’s Trade Performance — HSN Code 73201012 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

< ₹1 Crore

−94.57% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹4 Cr

+44.72% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹4 Cr

Trade Deficit

Surplus rank #8503 of 12657 HSN codes

% of Sub-Chapter 7320

FY 2024-25

0.01%

Share of Sub-Chapter 7320’s total exports in FY 2024-25

Import side: 0.31% of Sub-Chapter 7320’s imports

Rank Within Sub-Chapter 7320

FY 2024-25

#8 of 8

Position by export value among HSN codes in Sub-Chapter 7320

Import-side rank: #8 of 8

At a glance

23.22%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#9908

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+3,200.00%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.01%

Contribution to Sub-Ch. 7320

Share of Sub-Chapter 7320 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #9774

Balance

−8.13

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7320

Imports

8.15 ₹ Cr

0.0002% share

— YoY

0.88% of Sub-Ch. 7320

FY 2019-20 Exp. Rank #9335

Balance

−16.96

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+250.00% YoY

0.02% of Sub-Ch. 7320

Imports

17.03 ₹ Cr

0.0005% share

+108.96% YoY

1.99% of Sub-Ch. 7320

FY 2020-21 Exp. Rank #9824

Balance

−12.73

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−71.43% YoY

0.00% of Sub-Ch. 7320

Imports

12.75 ₹ Cr

0.0004% share

−25.13% YoY

1.51% of Sub-Ch. 7320

FY 2021-22 Exp. Rank #8368

Balance

−8.90

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+3,200.00% YoY

0.09% of Sub-Ch. 7320

Imports

9.56 ₹ Cr

0.0002% share

−25.02% YoY

0.99% of Sub-Ch. 7320

FY 2022-23 Exp. Rank #7989

Balance

−1.26

Exports

1.14 ₹ Cr

0.0000% share

+72.73% YoY

0.17% of Sub-Ch. 7320

Imports

2.40 ₹ Cr

0.0000% share

−74.90% YoY

0.20% of Sub-Ch. 7320

FY 2023-24 Exp. Rank #8001

Balance

−1.55

Exports

1.29 ₹ Cr

0.0000% share

+13.16% YoY

0.17% of Sub-Ch. 7320

Imports

2.84 ₹ Cr

0.0001% share

+18.33% YoY

0.23% of Sub-Ch. 7320

FY 2024-25 Exp. Rank #9908

Balance

−4.04

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−94.57% YoY

0.01% of Sub-Ch. 7320

Imports

4.11 ₹ Cr

0.0001% share

+44.72% YoY

0.31% of Sub-Ch. 7320

CAGR · 7-Year

Exports

23.22% /yr

Imports

−10.78% /yr

Consistently Deficit
Sub-Chapter 7320 total

reference, FY 2024-25

Export

₹1,004.21 Cr

Import

₹1,329.93 Cr

Trade Balance

−325.72

Peak export growth year Latest available data Not available YoY = change vs previous FY

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 73201012 and GST compliance.

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.

Important Disclaimer

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.