--- title: "HSN Code for Other | Of Stainless Steel | HSN 73239390 GST Rate" description: "Find HSN and GST Rates for 73239390 related to Other | Of Stainless Steel with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-73239390/" --- # HSN Code 73239390: Other | Of Stainless Steel - [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 | | --- | --- | --- | --- | --- | | Other : Of stainless steel : Other | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 73239390 ? It includes Enamelled iron/steel ### Does packaging or labelling change the GST for Other / Of Stainless 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. ### Can we claim ITC on inputs used to trade Other / Of Stainless Steel? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Other / Of Stainless 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 much GST applies to Other / Of Stainless Steel? Under HSN 73239390, Other / Of Stainless Steel attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Other / Of Stainless Steel? 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 / Of Stainless Steel is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other / Of Stainless Steel; Nil for exempt items if applicable). ## India's trade performance: HSN Code 73239390 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹3,522 Cr (+7.55% YoY) — 0.0957% of India's total exports - Imports: ₹328 Cr (+41.74% YoY) — 0.0054% of India's total imports - Trade balance: ₹3,194 Cr (Surplus); surplus rank #106 of 12657 HSN codes - Share of Sub-Chapter 7323: 76.21% of its exports; import side 48.28% - Rank within Sub-Chapter 7323: #1 of 12 by export value; import-side #1 ### Key metrics - Export CAGR: 7.37% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #142 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +32.12% in FY 2021-22 - Contribution to Sub-Ch. 7323: 76.21% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 73239390 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 | 2,298.29 | 0.1006% | — | 61.14% | 160.99 | 0.0045% | — | 26.48% | +2,137.30 | #132 | | FY 2019-20 | 2,546.26 | 0.1157% | +10.79% | 65.31% | 184.38 | 0.0055% | +14.53% | 28.42% | +2,361.88 | #125 | | FY 2020-21 | 2,580.88 | 0.1200% | +1.36% | 66.90% | 144.27 | 0.0050% | −21.75% | 35.59% | +2,436.61 | #130 | | FY 2021-22 | 3,409.74 | 0.1086% | +32.12% | 67.91% | 168.65 | 0.0037% | +16.90% | 40.36% | +3,241.09 | #131 | | FY 2022-23 | 3,218.18 | 0.0889% | −5.62% | 70.54% | 193.15 | 0.0034% | +14.53% | 39.22% | +3,025.03 | #150 | | FY 2023-24 | 3,274.79 | 0.0905% | +1.76% | 74.06% | 231.10 | 0.0041% | +19.65% | 37.49% | +3,043.69 | #155 | | FY 2024-25 | 3,521.97 | 0.0957% | +7.55% | 76.21% | 327.55 | 0.0054% | +41.74% | 48.28% | +3,194.42 | #142 | - CAGR (7-year): exports 7.37%/yr, imports 12.57%/yr (consistently Surplus) ## Key trade insights: HSN Code 73239390 export-import analysis ### Consistent export growth: 7.37% CAGR over 7 years India's exports under HSN Code 73239390 have grown at a compound annual rate of 7.37% over 7 fiscal years, rising from ₹2,298.29 Crore in FY 2018-19 to ₹3,521.97 Crore in FY 2024-25. ### HSN Code 73239390 ranked #142 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 73239390 ranks #142 out of 12657 HSN codes by total export value. Within Sub-Chapter 7323, it ranks #1 of 12. By trade surplus, it ranks #106 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 73239390 exports The strongest single-year export movement for HSN Code 73239390 was recorded in FY 2021-22, when exports surged by 32.12% over the prior year. ### India maintains a trade surplus of ₹3,194.42 Crore in HSN Code 73239390 goods In FY 2024-25, India's exports of ₹3,521.97 Cr exceeded imports of ₹327.55 Cr, resulting in a trade surplus of ₹3,194.42 Crore — ranking #106 of 12657 by surplus magnitude. ### Import growth of 12.57% CAGR signals rising demand for Other | Of Stainless Steel India's imports under HSN Code 73239390 have grown at 12.57% CAGR, reaching ₹327.55 Crore in FY 2024-25. ### HSN Code 73239390 contributes 76.21% of Sub-Chapter 7323 exports — ranked #1 Among the 12 HSN codes under Sub-Chapter 7323, HSN Code 73239390 ranks #1 by export value — accounting for 76.21% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 48.28% share (rank #1). ## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-73231000/) | ₹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 |