HSN Code 73219000: Hydraulic Shafts of Iron or Steel

HSN Code 73219000 represents Hydraulic Shafts of Iron or Steel under GST classification. This code helps businesses identify Hydraulic Shafts of Iron or Steel correctly for billing, taxation, and trade. With HSN Code 73219000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Hydraulic Shafts of Iron or Steel.

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Description of Goods for HSN Code 73219000

HSN Code 73219000 relates to the following description.

Description of Goods

Parts

Chapter

73 - Articles of iron or steel

Sub Chapter

7321 - Stoves, ranges, grates, cookers (including those with subsidiary boilers for central heating), barbecues, braziers, gas-rings, plate warmers and similar non-electric domestic appliances, and parts thereof, of iron or steel

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 73219000 not include?

Hydraulic Shafts of Iron or Steel does not include products with the following descriptions.

Cooking appliances and plate warmers: For gas fuel or for both gas and other fuels : Cookers and kitchen stoves

Cooking appliances and plate warmers: For gas fuel or for both gas and other fuels : Other stoves

Cooking appliances and plate warmers: For gas fuel or for both gas and other fuels : Other

Cooking appliances and plate warmers: For liquid fuel: Cookers and kitchen stoves

Stoves, ranges, grates, cookers (including those with subsidiary boilers for central heating), barbecues, braziers, gas-rings, plate warmers and similar non-electric domestic appliances, and parts thereof, of iron or steel - cooking appliances and plate warmers: for solid fuel: cookers and kitchen stoves

Stoves, ranges, grates, cookers (including those with subsidiary boilers for central heating), barbecues, braziers, gas-rings, plate warmers and similar non-electric domestic appliances, and parts thereof, of iron or steel - cooking appliances and plate warmers: for solid fuel: other stoves

Stoves, ranges, grates, cookers (including those with subsidiary boilers for central heating), barbecues, braziers, gas-rings, plate warmers and similar non-electric domestic appliances, and parts thereof, of iron or steel - cooking appliances and plate warmers: for solid fuel: other

Cooking appliances and plate warmers: Other, including appliances for solid fuel: Cookers and kitchen stoves

Cooking appliances and plate warmers: Other, including appliances for solid fuel: Other stoves and appliances

Cooking appliances and plate warmers: Other, including appliances for solid fuel: Other appliances : For gas fuel or for both gas and other fuels

Cooking appliances and plate warmers: Other, including appliances for solid fuel: Other appliances : For liquid fuel

Stoves, ranges, grates, cookers (including those with subsidiary boilers for central heating), barbecues, braziers, gas-rings, plate warmers and similar non-electric domestic appliances, and parts thereof, of iron or steel - other appliances: for solid fuel : clay tandoor (oven with iron or steel body and earthen grates)

Stoves, ranges, grates, cookers (including those with subsidiary boilers for central heating), barbecues, braziers, gas-rings, plate warmers and similar non-electric domestic appliances, and parts thereof, of iron or steel - other appliances: for solid fuel : other

Cooking appliances and plate warmers: Other, including appliances for solid fuel: Other appliances : Other, including appliances for solid fuel: Clay tandoor (oven with iron or steel body and earthen grates)

Cooking appliances and plate warmers: Other, including appliances for solid fuel: Other appliances : Other, including appliances for solid fuel: Other

India’s Trade Performance — HSN Code 73219000 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

₹36 Cr

+31.98% vs FY 2023-24

0.0010% of India’s total exports

India’s Imports

FY 2024-25

₹97 Cr

+21.48% vs FY 2023-24

0.0016% of India’s total imports

Trade Balance

FY 2024-25

−₹61 Cr

Trade Deficit

Surplus rank #10388 of 12657 HSN codes

% of Sub-Chapter 7321

FY 2024-25

23.32%

Share of Sub-Chapter 7321’s total exports in FY 2024-25

Import side: 26.96% of Sub-Chapter 7321’s imports

Rank Within Sub-Chapter 7321

FY 2024-25

#2 of 18

Position by export value among HSN codes in Sub-Chapter 7321

Import-side rank: #2 of 18

At a glance

9.99%

Export CAGR

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

#4067

National Export Rank

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

+54.06%

Peak Growth Year

FY 2023-24 · strongest single-year move

23.32%

Contribution to Sub-Ch. 7321

Share of Sub-Chapter 7321 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 73219000

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 #4087

Balance

−58.47

Exports

20.37 ₹ Cr

0.0009% share

YoY

17.22% of Sub-Ch. 7321

Imports

78.84 ₹ Cr

0.0022% share

YoY

41.25% of Sub-Ch. 7321

FY 2019-20 Exp. Rank #4460

Balance

−44.46

Exports

15.42 ₹ Cr

0.0007% share

−24.30% YoY

11.88% of Sub-Ch. 7321

Imports

59.88 ₹ Cr

0.0018% share

−24.05% YoY

32.06% of Sub-Ch. 7321

FY 2020-21 Exp. Rank #4616

Balance

−29.07

Exports

14.56 ₹ Cr

0.0007% share

−5.58% YoY

8.23% of Sub-Ch. 7321

Imports

43.63 ₹ Cr

0.0015% share

−27.14% YoY

29.02% of Sub-Ch. 7321

FY 2021-22 Exp. Rank #4776

Balance

−75.34

Exports

17.37 ₹ Cr

0.0006% share

+19.30% YoY

6.45% of Sub-Ch. 7321

Imports

92.71 ₹ Cr

0.0020% share

+112.49% YoY

28.92% of Sub-Ch. 7321

FY 2022-23 Exp. Rank #4829

Balance

−59.68

Exports

17.74 ₹ Cr

0.0005% share

+2.13% YoY

6.97% of Sub-Ch. 7321

Imports

77.42 ₹ Cr

0.0013% share

−16.49% YoY

24.26% of Sub-Ch. 7321

FY 2023-24 Exp. Rank #4368

Balance

−52.24

Exports

27.33 ₹ Cr

0.0008% share

+54.06% YoY

10.45% of Sub-Ch. 7321

Imports

79.57 ₹ Cr

0.0014% share

+2.78% YoY

26.34% of Sub-Ch. 7321

FY 2024-25 Exp. Rank #4067

Balance

−60.59

Exports

36.07 ₹ Cr

0.0010% share

+31.98% YoY

23.32% of Sub-Ch. 7321

Imports

96.66 ₹ Cr

0.0016% share

+21.48% YoY

26.96% of Sub-Ch. 7321

CAGR · 7-Year

Exports

9.99% /yr

Imports

3.45% /yr

Consistently Deficit
Sub-Chapter 7321 total

reference, FY 2024-25

Export

₹154.68 Cr

Import

₹358.59 Cr

Trade Balance

−203.91

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

Key Trade Insights: HSN Code 73219000 Export-Import Analysis

Consistent Export Growth: 9.99% CAGR Over 7 Years

India's exports under HSN Code 73219000 have grown at a compound annual rate of 9.99% over 7 fiscal years, rising from ₹20.37 Crore in FY 2018-19 to ₹36.07 Crore in FY 2024-25.

HSN Code 73219000 Ranked #4067 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 73219000 ranks #4067 out of 12657 HSN codes by total export value. Within Sub-Chapter 7321, it ranks #2 of 18. By trade surplus, it ranks #10388 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 73219000 Exports

The strongest single-year export movement for HSN Code 73219000 was recorded in FY 2023-24, when exports surged by 54.06% over the prior year.

India Records a Trade Deficit of ₹60.59 Crore in HSN Code 73219000 Goods

In FY 2024-25, India's imports of ₹96.66 Cr exceeded exports of ₹36.07 Cr, resulting in a trade deficit of ₹60.59 Crore — ranking #10388 of 12657 by surplus magnitude.

Import Growth of 3.45% CAGR Signals Stable Import Dependency for Hydraulic Shafts of Iron or Steel

India's imports under HSN Code 73219000 have grown at 3.45% CAGR, reaching ₹96.66 Crore in FY 2024-25.

HSN Code 73219000 Contributes 23.32% of Sub-Chapter 7321 Exports — Ranked #2

Among the 18 HSN codes under Sub-Chapter 7321, HSN Code 73219000 ranks #2 by export value — accounting for 23.32% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 26.96% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 73219000 and GST compliance.

What products are classified under HSN 73219000 ?

It includes Other : Air heaters and hot air distributors

Can we claim ITC on inputs used to trade Hydraulic Shafts of Iron or Steel?

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 Hydraulic Shafts of Iron or Steel?

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 Hydraulic Shafts of Iron or Steel?

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.

How should mixed supplies be billed when Hydraulic Shafts of Iron or Steel is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Hydraulic Shafts of Iron or Steel; Nil for exempt items if applicable).

Any common misclassification issue with Hydraulic Shafts of Iron or Steel?

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.