HSN Code 73209020: Other | Spring Pins

HSN Code 73209020 represents Other | Spring Pins under GST classification. This code helps businesses identify Other | Spring Pins correctly for billing, taxation, and trade. With HSN Code 73209020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Spring Pins.

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Description of Goods for HSN Code 73209020

HSN Code 73209020 relates to the following description.

Description of Goods

Other : Spring pins

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 73209020 not include?

Other | Spring Pins 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 73209020 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

₹18 Cr

+19.16% vs FY 2023-24

0.0005% of India’s total exports

India’s Imports

FY 2024-25

₹10 Cr

+17.58% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

₹9 Cr

Trade Surplus

Surplus rank #3407 of 12657 HSN codes

% of Sub-Chapter 7320

FY 2024-25

1.83%

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

Import side: 0.73% of Sub-Chapter 7320’s imports

Rank Within Sub-Chapter 7320

FY 2024-25

#5 of 8

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

Import-side rank: #7 of 8

At a glance

3.20%

Export CAGR

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

#5004

National Export Rank

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

+104.40%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.83%

Contribution to Sub-Ch. 7320

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

India Export-Import Trade Statistics for HSN Code 73209020

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 #4453

Balance

+8.55

Exports

15.19 ₹ Cr

0.0007% share

— YoY

3.27% of Sub-Ch. 7320

Imports

6.64 ₹ Cr

0.0002% share

— YoY

0.72% of Sub-Ch. 7320

FY 2019-20 Exp. Rank #4900

Balance

+5.68

Exports

10.87 ₹ Cr

0.0005% share

−28.44% YoY

2.54% of Sub-Ch. 7320

Imports

5.19 ₹ Cr

0.0002% share

−21.84% YoY

0.61% of Sub-Ch. 7320

FY 2020-21 Exp. Rank #5340

Balance

+0.94

Exports

8.18 ₹ Cr

0.0004% share

−24.75% YoY

1.59% of Sub-Ch. 7320

Imports

7.24 ₹ Cr

0.0002% share

+39.50% YoY

0.86% of Sub-Ch. 7320

FY 2021-22 Exp. Rank #4827

Balance

+11.57

Exports

16.72 ₹ Cr

0.0005% share

+104.40% YoY

2.36% of Sub-Ch. 7320

Imports

5.15 ₹ Cr

0.0001% share

−28.87% YoY

0.54% of Sub-Ch. 7320

FY 2022-23 Exp. Rank #5253

Balance

+4.29

Exports

13.30 ₹ Cr

0.0004% share

−20.45% YoY

1.95% of Sub-Ch. 7320

Imports

9.01 ₹ Cr

0.0002% share

+74.95% YoY

0.76% of Sub-Ch. 7320

FY 2023-24 Exp. Rank #5129

Balance

+7.15

Exports

15.40 ₹ Cr

0.0004% share

+15.79% YoY

2.07% of Sub-Ch. 7320

Imports

8.25 ₹ Cr

0.0001% share

−8.44% YoY

0.67% of Sub-Ch. 7320

FY 2024-25 Exp. Rank #5004

Balance

+8.65

Exports

18.35 ₹ Cr

0.0005% share

+19.16% YoY

1.83% of Sub-Ch. 7320

Imports

9.70 ₹ Cr

0.0002% share

+17.58% YoY

0.73% of Sub-Ch. 7320

CAGR · 7-Year

Exports

3.20% /yr

Imports

6.52% /yr

Consistently Surplus
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 73209020 Export-Import Analysis

Consistent Export Growth: 3.20% CAGR Over 7 Years

India's exports under HSN Code 73209020 have grown at a compound annual rate of 3.20% over 7 fiscal years, rising from ₹15.19 Crore in FY 2018-19 to ₹18.35 Crore in FY 2024-25.

HSN Code 73209020 Ranked #5004 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 73209020 ranks #5004 out of 12657 HSN codes by total export value. Within Sub-Chapter 7320, it ranks #5 of 8. By trade surplus, it ranks #3407 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 73209020 Exports

The strongest single-year export movement for HSN Code 73209020 was recorded in FY 2021-22, when exports surged by 104.40% over the prior year.

India Maintains a Trade Surplus of ₹8.65 Crore in HSN Code 73209020 Goods

In FY 2024-25, India's exports of ₹18.35 Cr exceeded imports of ₹9.70 Cr, resulting in a trade surplus of ₹8.65 Crore — ranking #3407 of 12657 by surplus magnitude.

Import Growth of 6.52% CAGR Signals Stable Import Dependency for Other | Spring Pins

India's imports under HSN Code 73209020 have grown at 6.52% CAGR, reaching ₹9.70 Crore in FY 2024-25.

HSN Code 73209020 Contributes 1.83% of Sub-Chapter 7320 Exports — Ranked #5

Among the 8 HSN codes under Sub-Chapter 7320, HSN Code 73209020 ranks #5 by export value — accounting for 1.83% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.73% share (rank #7).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 73209020 and GST compliance.

What products are classified under HSN 73209020 ?

It includes Other Gas Stoves

Does packaging or labelling change the GST for Other / Spring Pins?

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.

Do e‑way bill and e‑invoice apply for Other / Spring Pins?

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.

Any common misclassification issue with Other / Spring Pins?

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 Other / Spring Pins is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other / Spring Pins; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Other / Spring Pins?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

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.