HSN Code 73201019: Leaf-springs, other

HSN Code 73201019 represents Leaf-springs, other under GST classification. This code helps businesses identify Leaf-springs, other correctly for billing, taxation, and trade. With HSN Code 73201019, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Leaf-springs, other.

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Description of Goods for HSN Code 73201019

HSN Code 73201019 relates to the following description.

Description of Goods

Leaf-springs and leaves therefor : Leaf-springs : Other

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 73201019 not include?

Leaf-springs, other does not include products with the following descriptions.

HSN Code 73201012

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

India’s Trade Performance — HSN Code 73201019 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

₹14 Cr

+15.05% vs FY 2023-24

0.0004% of India’s total exports

India’s Imports

FY 2024-25

₹65 Cr

−11.32% vs FY 2023-24

0.0011% of India’s total imports

Trade Balance

FY 2024-25

−₹51 Cr

Trade Deficit

Surplus rank #10266 of 12657 HSN codes

% of Sub-Chapter 7320

FY 2024-25

1.36%

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

Import side: 4.86% of Sub-Chapter 7320’s imports

Rank Within Sub-Chapter 7320

FY 2024-25

#6 of 8

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

Import-side rank: #4 of 8

At a glance

3.21%

Export CAGR

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

#5390

National Export Rank

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

+22.37%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.36%

Contribution to Sub-Ch. 7320

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

India Export-Import Trade Statistics for HSN Code 73201019

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 #4862

Balance

−22.47

Exports

11.26 ₹ Cr

0.0005% share

— YoY

2.43% of Sub-Ch. 7320

Imports

33.73 ₹ Cr

0.0009% share

— YoY

3.66% of Sub-Ch. 7320

FY 2019-20 Exp. Rank #5179

Balance

−33.27

Exports

8.80 ₹ Cr

0.0004% share

−21.85% YoY

2.06% of Sub-Ch. 7320

Imports

42.07 ₹ Cr

0.0013% share

+24.73% YoY

4.91% of Sub-Ch. 7320

FY 2020-21 Exp. Rank #5292

Balance

−32.58

Exports

8.54 ₹ Cr

0.0004% share

−2.95% YoY

1.66% of Sub-Ch. 7320

Imports

41.12 ₹ Cr

0.0014% share

−2.26% YoY

4.88% of Sub-Ch. 7320

FY 2021-22 Exp. Rank #5428

Balance

−43.44

Exports

10.45 ₹ Cr

0.0003% share

+22.37% YoY

1.47% of Sub-Ch. 7320

Imports

53.89 ₹ Cr

0.0012% share

+31.06% YoY

5.60% of Sub-Ch. 7320

FY 2022-23 Exp. Rank #5494

Balance

−54.65

Exports

11.08 ₹ Cr

0.0003% share

+6.03% YoY

1.62% of Sub-Ch. 7320

Imports

65.73 ₹ Cr

0.0011% share

+21.97% YoY

5.54% of Sub-Ch. 7320

FY 2023-24 Exp. Rank #5498

Balance

−61.07

Exports

11.83 ₹ Cr

0.0003% share

+6.77% YoY

1.59% of Sub-Ch. 7320

Imports

72.90 ₹ Cr

0.0013% share

+10.91% YoY

5.96% of Sub-Ch. 7320

FY 2024-25 Exp. Rank #5390

Balance

−51.04

Exports

13.61 ₹ Cr

0.0004% share

+15.05% YoY

1.36% of Sub-Ch. 7320

Imports

64.65 ₹ Cr

0.0011% share

−11.32% YoY

4.86% of Sub-Ch. 7320

CAGR · 7-Year

Exports

3.21% /yr

Imports

11.45% /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 73201019 Export-Import Analysis

Consistent Export Growth: 3.21% CAGR Over 7 Years

India's exports under HSN Code 73201019 have grown at a compound annual rate of 3.21% over 7 fiscal years, rising from ₹11.26 Crore in FY 2018-19 to ₹13.61 Crore in FY 2024-25.

HSN Code 73201019 Ranked #5390 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 73201019 ranks #5390 out of 12657 HSN codes by total export value. Within Sub-Chapter 7320, it ranks #6 of 8. By trade surplus, it ranks #10266 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 73201019 Exports

The strongest single-year export movement for HSN Code 73201019 was recorded in FY 2021-22, when exports surged by 22.37% over the prior year.

India Records a Trade Deficit of ₹51.04 Crore in HSN Code 73201019 Goods

In FY 2024-25, India's imports of ₹64.65 Cr exceeded exports of ₹13.61 Cr, resulting in a trade deficit of ₹51.04 Crore — ranking #10266 of 12657 by surplus magnitude.

Import Growth of 11.45% CAGR Signals Rising Demand for Leaf-springs, other

India's imports under HSN Code 73201019 have grown at 11.45% CAGR, reaching ₹64.65 Crore in FY 2024-25.

HSN Code 73201019 Contributes 1.36% of Sub-Chapter 7320 Exports — Ranked #6

Among the 8 HSN codes under Sub-Chapter 7320, HSN Code 73201019 ranks #6 by export value — accounting for 1.36% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.86% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 73201019 and GST compliance.

What products are classified under HSN 73201019 ?

It includes Coil springs: Railways, tramways

Any common misclassification issue with Leaf-springs, other?

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, other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Leaf-springs, other; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Leaf-springs, other?

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, other?

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, other?

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.

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.