HSN Code 73231000 represents Iron/Steel Wool & Scouring/Polishing Pads/Gloves under GST classification. This code helps businesses identify Iron/Steel Wool & Scouring/Polishing Pads/Gloves correctly for billing, taxation, and trade. With HSN Code 73231000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Iron/Steel Wool & Scouring/Polishing Pads/Gloves.
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HSN Code 73231000 relates to the following description.
Articles of iron or steel
Table, kitchen or other household articles and parts thereof, of iron or steel; iron or steel wool; pot scourers and scouring or polishing pads, gloves and the like, of iron or steel
Iron or steel wool; pot scourers and scouring or polishing pads, gloves and the like
9%
9%
18%
0%
Description of Goods
Iron or steel wool; pot scourers and scouring or polishing pads, gloves and the like
Chapter
73 - Articles of iron or steel
Sub Chapter
7323 - Table, kitchen or other household articles and parts thereof, of iron or steel; iron or steel wool; pot scourers and scouring or polishing pads, gloves and the like, of iron or steel
CGST
9%
SGST
9%
IGST
18%
CESS
0%
Iron/Steel Wool & Scouring/Polishing Pads/Gloves does not include products with the following descriptions.
Other : Of cast iron, not enamelled : Pans
Other : Of cast iron, not enamelled : Other
Other : Of cast iron, enamelled
Other : Of stainless steel : Pressure cookers
Other : Of stainless steel : Other
Other : Of iron (other than cast iron) or steel, enamelled : Ghamellas
Other : Of iron (other than cast iron) or steel, enamelled : Utensils
Other : Of iron (other than cast iron) or steel, enamelled : Other
Other : Other : Utensils of galvanised iron
Other : Other : Other utensils
Other : Other : Other
Other : Of cast iron, not enamelled : Pans
Other : Of cast iron, not enamelled : Other
Other : Of cast iron, enamelled
Other : Of stainless steel : Pressure cookers
Other : Of stainless steel : Other
Other : Of iron (other than cast iron) or steel, enamelled : Ghamellas
Other : Of iron (other than cast iron) or steel, enamelled : Utensils
Other : Of iron (other than cast iron) or steel, enamelled : Other
Other : Other : Utensils of galvanised iron
Other : Other : Other utensils
Other : Other : Other
India’s Exports
FY 2024-25₹66 Cr
0.0018% of India’s total exports
India’s Imports
FY 2024-25₹17 Cr
0.0003% of India’s total imports
Trade Balance
FY 2024-25₹49 Cr
Surplus rank #2183 of 12657 HSN codes
% of Sub-Chapter 7323
FY 2024-251.42%
Share of Sub-Chapter 7323’s total exports in FY 2024-25
Import side: 2.45% of Sub-Chapter 7323’s imports
Rank Within Sub-Chapter 7323
FY 2024-25#6 of 12
Position by export value among HSN codes in Sub-Chapter 7323
Import-side rank: #8 of 12
At a glance
29.85%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3250
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+119.13%
Peak Growth Year
FY 2021-22 · strongest single-year move
1.42%
Contribution to Sub-Ch. 7323
Share of Sub-Chapter 7323 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−41.49
Exports
13.67 ₹ Cr
0.0006% share
— YoY
0.36% of Sub-Ch. 7323
Imports
55.16 ₹ Cr
0.0015% share
— YoY
9.07% of Sub-Ch. 7323
Balance
−22.97
Exports
12.95 ₹ Cr
0.0006% share
−5.27% YoY
0.33% of Sub-Ch. 7323
Imports
35.92 ₹ Cr
0.0011% share
−34.88% YoY
5.54% of Sub-Ch. 7323
Balance
−19.62
Exports
22.37 ₹ Cr
0.0010% share
+72.74% YoY
0.58% of Sub-Ch. 7323
Imports
41.99 ₹ Cr
0.0014% share
+16.90% YoY
10.36% of Sub-Ch. 7323
Balance
+41.30
Exports
49.02 ₹ Cr
0.0016% share
+119.13% YoY
0.98% of Sub-Ch. 7323
Imports
7.72 ₹ Cr
0.0002% share
−81.61% YoY
1.85% of Sub-Ch. 7323
Balance
+33.42
Exports
42.10 ₹ Cr
0.0012% share
−14.12% YoY
0.92% of Sub-Ch. 7323
Imports
8.68 ₹ Cr
0.0002% share
+12.44% YoY
1.76% of Sub-Ch. 7323
Balance
+43.09
Exports
52.82 ₹ Cr
0.0015% share
+25.46% YoY
1.19% of Sub-Ch. 7323
Imports
9.73 ₹ Cr
0.0002% share
+12.10% YoY
1.58% of Sub-Ch. 7323
Balance
+48.91
Exports
65.53 ₹ Cr
0.0018% share
+24.06% YoY
1.42% of Sub-Ch. 7323
Imports
16.62 ₹ Cr
0.0003% share
+70.81% YoY
2.45% of Sub-Ch. 7323
CAGR · 7-Year
Exports
29.85% /yr
Imports
−18.12% /yr
reference, FY 2024-25
Export
₹4,621.51 Cr
Import
₹678.42 Cr
Trade Balance
+3,943.09
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.
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.
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.
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.
India's imports under HSN Code 73231000 have grown at −18.12% CAGR, reaching ₹16.62 Crore in FY 2024-25.
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).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 73231000 and GST compliance.
It includes Other | Of Cast Iron, Enamelled
Under HSN 73231000, Iron/Steel Wool & Scouring/Polishing Pads/Gloves attracts Varies when sold in taxable form. Describe the exact form on the invoice.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.
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.
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).
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.