HSN Code 73209090: Springs and leaves for springs of iron or steel | Other

HSN Code 73209090 represents Springs and leaves for springs of iron or steel | Other under GST classification. This code helps businesses identify Springs and leaves for springs of iron or steel | Other correctly for billing, taxation, and trade. With HSN Code 73209090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Springs and leaves for springs of iron or steel | Other.

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Description of Goods for HSN Code 73209090

HSN Code 73209090 relates to the following description.

Description of Goods

Other : 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 73209090 not include?

Springs and leaves for springs of iron or steel | 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 73209090 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

₹191 Cr

+15.16% vs FY 2023-24

0.0052% of India’s total exports

India’s Imports

FY 2024-25

₹722 Cr

+5.43% vs FY 2023-24

0.0119% of India’s total imports

Trade Balance

FY 2024-25

−₹530 Cr

Trade Deficit

Surplus rank #11939 of 12657 HSN codes

% of Sub-Chapter 7320

FY 2024-25

19.04%

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

Import side: 54.25% of Sub-Chapter 7320’s imports

Rank Within Sub-Chapter 7320

FY 2024-25

#3 of 8

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

Import-side rank: #1 of 8

At a glance

6.75%

Export CAGR

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

#1891

National Export Rank

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

+50.77%

Peak Growth Year

FY 2021-22 · strongest single-year move

19.04%

Contribution to Sub-Ch. 7320

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

India Export-Import Trade Statistics for HSN Code 73209090

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 #1732

Balance

−488.14

Exports

129.18 ₹ Cr

0.0057% share

— YoY

27.84% of Sub-Ch. 7320

Imports

617.32 ₹ Cr

0.0172% share

— YoY

66.92% of Sub-Ch. 7320

FY 2019-20 Exp. Rank #1961

Balance

−434.60

Exports

104.45 ₹ Cr

0.0047% share

−19.14% YoY

24.41% of Sub-Ch. 7320

Imports

539.05 ₹ Cr

0.0161% share

−12.68% YoY

62.94% of Sub-Ch. 7320

FY 2020-21 Exp. Rank #2077

Balance

−397.10

Exports

99.58 ₹ Cr

0.0046% share

−4.66% YoY

19.33% of Sub-Ch. 7320

Imports

496.68 ₹ Cr

0.0170% share

−7.86% YoY

58.98% of Sub-Ch. 7320

FY 2021-22 Exp. Rank #1943

Balance

−435.64

Exports

150.14 ₹ Cr

0.0048% share

+50.77% YoY

21.16% of Sub-Ch. 7320

Imports

585.78 ₹ Cr

0.0128% share

+17.94% YoY

60.88% of Sub-Ch. 7320

FY 2022-23 Exp. Rank #2037

Balance

−552.76

Exports

152.55 ₹ Cr

0.0042% share

+1.61% YoY

22.33% of Sub-Ch. 7320

Imports

705.31 ₹ Cr

0.0123% share

+20.41% YoY

59.46% of Sub-Ch. 7320

FY 2023-24 Exp. Rank #1995

Balance

−518.35

Exports

166.00 ₹ Cr

0.0046% share

+8.82% YoY

22.32% of Sub-Ch. 7320

Imports

684.35 ₹ Cr

0.0122% share

−2.97% YoY

55.96% of Sub-Ch. 7320

FY 2024-25 Exp. Rank #1891

Balance

−530.34

Exports

191.16 ₹ Cr

0.0052% share

+15.16% YoY

19.04% of Sub-Ch. 7320

Imports

721.50 ₹ Cr

0.0119% share

+5.43% YoY

54.25% of Sub-Ch. 7320

CAGR · 7-Year

Exports

6.75% /yr

Imports

2.63% /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 73209090 Export-Import Analysis

Consistent Export Growth: 6.75% CAGR Over 7 Years

India's exports under HSN Code 73209090 have grown at a compound annual rate of 6.75% over 7 fiscal years, rising from ₹129.18 Crore in FY 2018-19 to ₹191.16 Crore in FY 2024-25.

HSN Code 73209090 Ranked #1891 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 73209090 ranks #1891 out of 12657 HSN codes by total export value. Within Sub-Chapter 7320, it ranks #3 of 8. By trade surplus, it ranks #11939 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 73209090 Exports

The strongest single-year export movement for HSN Code 73209090 was recorded in FY 2021-22, when exports surged by 50.77% over the prior year.

India Records a Trade Deficit of ₹530.34 Crore in HSN Code 73209090 Goods

In FY 2024-25, India's imports of ₹721.50 Cr exceeded exports of ₹191.16 Cr, resulting in a trade deficit of ₹530.34 Crore — ranking #11939 of 12657 by surplus magnitude.

Import Growth of 2.63% CAGR Signals Stable Import Dependency for Springs and leaves for springs of iron or steel | Other

India's imports under HSN Code 73209090 have grown at 2.63% CAGR, reaching ₹721.50 Crore in FY 2024-25.

HSN Code 73209090 Contributes 19.04% of Sub-Chapter 7320 Exports — Ranked #3

Among the 8 HSN codes under Sub-Chapter 7320, HSN Code 73209090 ranks #3 by export value — accounting for 19.04% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 54.25% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 73209090 and GST compliance.

What products are classified under HSN 73209090 ?

It includes Other Gas Cooking Appliances/Plate Warmers

Can we claim ITC on inputs used to trade Springs and leaves for springs of iron or steel / Other?

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

How much GST applies to Springs and leaves for springs of iron or steel / Other?

Under HSN 73209090, Springs and leaves for springs of iron or steel / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Springs and leaves for springs of iron or steel / Other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Springs and leaves for springs of iron or steel / Other; Nil for exempt items if applicable).

Any common misclassification issue with Springs and leaves for springs of iron or steel / Other?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Do e‑way bill and e‑invoice apply for Springs and leaves for springs of iron or steel / 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.

Does packaging or labelling change the GST for Springs and leaves for springs of iron or steel / 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.