--- title: "HSN Code for Iron/Steel Wool & Scouring/Polishing Pads/Gloves | HSN 73231000 GST Rate" description: "Find HSN and GST Rates for 73231000 related to Iron/Steel Wool & Scouring/Polishing Pads/Gloves with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-73231000/" --- # HSN Code 73231000: Iron/Steel Wool & Scouring/Polishing Pads/Gloves - [Section 15: Guide to HSN Section 15](https://busy.in/hsn/section-15/) - [Chapter 73: Articles Made of Iron/Steel](https://busy.in/hsn/chapter-73/) - [Sub-chapter 7323: Household articles of iron or steel](https://busy.in/hsn/sub-chapter-7323/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Iron or steel wool; pot scourers and scouring or polishing pads, gloves and the like | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 73231000 ? It includes Other | Of Cast Iron, Enamelled ### How much GST applies to Iron/Steel Wool & Scouring/Polishing Pads/Gloves? Under HSN 73231000, Iron/Steel Wool & Scouring/Polishing Pads/Gloves attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Iron/Steel Wool & Scouring/Polishing Pads/Gloves? 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 Iron/Steel Wool & Scouring/Polishing Pads/Gloves? 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 Iron/Steel Wool & Scouring/Polishing Pads/Gloves? 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 Iron/Steel Wool & Scouring/Polishing Pads/Gloves is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Iron/Steel Wool & Scouring/Polishing Pads/Gloves; Nil for exempt items if applicable). ### Any common misclassification issue with Iron/Steel Wool & Scouring/Polishing Pads/Gloves? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 73231000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹66 Cr (+24.06% YoY) — 0.0018% of India's total exports - Imports: ₹17 Cr (+70.81% YoY) — 0.0003% of India's total imports - Trade balance: ₹49 Cr (Surplus); surplus rank #2183 of 12657 HSN codes - Share of Sub-Chapter 7323: 1.42% of its exports; import side 2.45% - Rank within Sub-Chapter 7323: #6 of 12 by export value; import-side #8 ### Key metrics - Export CAGR: 29.85% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3250 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +119.13% in FY 2021-22 - Contribution to Sub-Ch. 7323: 1.42% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 73231000 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 7323 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7323 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 13.67 | 0.0006% | — | 0.36% | 55.16 | 0.0015% | — | 9.07% | −41.49 | #4616 | | FY 2019-20 | 12.95 | 0.0006% | −5.27% | 0.33% | 35.92 | 0.0011% | −34.88% | 5.54% | −22.97 | #4682 | | FY 2020-21 | 22.37 | 0.0010% | +72.74% | 0.58% | 41.99 | 0.0014% | +16.90% | 10.36% | −19.62 | #4052 | | FY 2021-22 | 49.02 | 0.0016% | +119.13% | 0.98% | 7.72 | 0.0002% | −81.61% | 1.85% | +41.30 | #3388 | | FY 2022-23 | 42.10 | 0.0012% | −14.12% | 0.92% | 8.68 | 0.0002% | +12.44% | 1.76% | +33.42 | #3705 | | FY 2023-24 | 52.82 | 0.0015% | +25.46% | 1.19% | 9.73 | 0.0002% | +12.10% | 1.58% | +43.09 | #3449 | | FY 2024-25 | 65.53 | 0.0018% | +24.06% | 1.42% | 16.62 | 0.0003% | +70.81% | 2.45% | +48.91 | #3250 | - CAGR (7-year): exports 29.85%/yr, imports -18.12%/yr (consistently Surplus) ## Key trade insights: HSN Code 73231000 export-import analysis ### Consistent export growth: 29.85% CAGR over 7 years India's exports under HSN Code 73231000 have grown at a compound annual rate of 29.85% over 7 fiscal years, rising from ₹13.67 Crore in FY 2018-19 to ₹65.53 Crore in FY 2024-25. ### HSN Code 73231000 ranked #3250 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 73231000 ranks #3250 out of 12657 HSN codes by total export value. Within Sub-Chapter 7323, it ranks #6 of 12. By trade surplus, it ranks #2183 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 73231000 exports The strongest single-year export movement for HSN Code 73231000 was recorded in FY 2021-22, when exports surged by 119.13% over the prior year. ### India maintains a trade surplus of ₹48.91 Crore in HSN Code 73231000 goods In FY 2024-25, India's exports of ₹65.53 Cr exceeded imports of ₹16.62 Cr, resulting in a trade surplus of ₹48.91 Crore — ranking #2183 of 12657 by surplus magnitude. ### Import growth of -18.12% CAGR signals stable import dependency for Iron/Steel Wool & Scouring/Polishing Pads/Gloves India's imports under HSN Code 73231000 have grown at -18.12% CAGR, reaching ₹16.62 Crore in FY 2024-25. ### HSN Code 73231000 contributes 1.42% of Sub-Chapter 7323 exports — ranked #6 Among the 12 HSN codes under Sub-Chapter 7323, HSN Code 73231000 ranks #6 by export value — accounting for 1.42% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.45% share (rank #8). ## Related HSN Codes in Sub-Chapter 7323 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 73239390: Other \| Of Stainless Steel](https://busy.in/hsn/hsn-73239390/) | ₹3,522 Cr | | #2 | [HSN Code 73239490: Enamelled iron/steel](https://busy.in/hsn/hsn-73239490/) | ₹281 Cr | | #3 | [HSN Code 73239990: Iron/Steel Kitchen & Household Items](https://busy.in/hsn/hsn-73239990/) | ₹267 Cr | | #4 | [HSN Code 73239420: Iron or steel utensils, enamelled](https://busy.in/hsn/hsn-73239420/) | ₹209 Cr | | #5 | [HSN Code 73239190: Other : Of cast iron, not enamelled : Other](https://busy.in/hsn/hsn-73239190/) | ₹156 Cr | | #6 | HSN Code 73231000: Iron/Steel Wool & Scouring/Polishing Pads/Gloves (this hsn code) | ₹66 Cr | | #7 | [HSN Code 73239310: Other : Of stainless steel : Pressure cookers](https://busy.in/hsn/hsn-73239310/) | ₹55 Cr | | #8 | [HSN Code 73239920: Other \| Other \| Rubber Cushions](https://busy.in/hsn/hsn-73239920/) | ₹39 Cr | | #9 | [HSN Code 73239910: Other : Other : Utensils of galvanised iron](https://busy.in/hsn/hsn-73239910/) | ₹9 Cr | | #10 | [HSN Code 73239110: Non-Enamelled Cast Iron Pans](https://busy.in/hsn/hsn-73239110/) | ₹8 Cr |