HSN Code 73242100: Cast Iron Baths

HSN Code 73242100 represents Cast Iron Baths under GST classification. This code helps businesses identify Cast Iron Baths correctly for billing, taxation, and trade. With HSN Code 73242100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cast Iron Baths.

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Description of Goods for HSN Code 73242100

HSN Code 73242100 relates to the following description.

Description of Goods

Baths : Of cast iron, whether or not enamelled

Chapter

73 - Articles of iron or steel

Sub Chapter

7324 - Sanitary ware and parts thereof, of iron or steel

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 73242100 not include?

Cast Iron Baths does not include products with the following descriptions.

India’s Trade Performance — HSN Code 73242100 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

₹1 Cr

−16.77% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹1 Cr

−66.85% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #5354 of 12657 HSN codes

% of Sub-Chapter 7324

FY 2024-25

1.01%

Share of Sub-Chapter 7324’s total exports in FY 2024-25

Import side: 0.24% of Sub-Chapter 7324’s imports

Rank Within Sub-Chapter 7324

FY 2024-25

#4 of 4

Position by export value among HSN codes in Sub-Chapter 7324

Import-side rank: #4 of 4

At a glance

−15.56%

Export CAGR

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

#8008

National Export Rank

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

+936.36%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.01%

Contribution to Sub-Ch. 7324

Share of Sub-Chapter 7324 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 73242100

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 #6279

Balance

+2.30

Exports

3.56 ₹ Cr

0.0002% share

— YoY

5.49% of Sub-Ch. 7324

Imports

1.26 ₹ Cr

0.0000% share

— YoY

0.45% of Sub-Ch. 7324

FY 2019-20 Exp. Rank #8918

Balance

−1.89

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−95.22% YoY

0.25% of Sub-Ch. 7324

Imports

2.06 ₹ Cr

0.0001% share

+63.49% YoY

0.82% of Sub-Ch. 7324

FY 2020-21 Exp. Rank #9183

Balance

−3.26

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−35.29% YoY

0.14% of Sub-Ch. 7324

Imports

3.37 ₹ Cr

0.0001% share

+63.59% YoY

1.40% of Sub-Ch. 7324

FY 2021-22 Exp. Rank #7860

Balance

−1.15

Exports

1.14 ₹ Cr

0.0000% share

+936.36% YoY

1.12% of Sub-Ch. 7324

Imports

2.29 ₹ Cr

0.0001% share

−32.05% YoY

0.69% of Sub-Ch. 7324

FY 2022-23 Exp. Rank #7912

Balance

−0.43

Exports

1.23 ₹ Cr

0.0000% share

+7.89% YoY

1.08% of Sub-Ch. 7324

Imports

1.66 ₹ Cr

0.0000% share

−27.51% YoY

0.41% of Sub-Ch. 7324

FY 2023-24 Exp. Rank #7831

Balance

−2.16

Exports

1.55 ₹ Cr

0.0000% share

+26.02% YoY

1.56% of Sub-Ch. 7324

Imports

3.71 ₹ Cr

0.0001% share

+123.49% YoY

0.80% of Sub-Ch. 7324

FY 2024-25 Exp. Rank #8008

Balance

+0.06

Exports

1.29 ₹ Cr

0.0000% share

−16.77% YoY

1.01% of Sub-Ch. 7324

Imports

1.23 ₹ Cr

0.0000% share

−66.85% YoY

0.24% of Sub-Ch. 7324

CAGR · 7-Year

Exports

−15.56% /yr

Imports

−0.40% /yr

Consistently Surplus
Sub-Chapter 7324 total

reference, FY 2024-25

Export

₹128.14 Cr

Import

₹512.53 Cr

Trade Balance

−384.39

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

Key Trade Insights: HSN Code 73242100 Export-Import Analysis

Export Decline: −15.56% CAGR Over 7 Years

India's exports under HSN Code 73242100 have declined at a compound annual rate of −15.56% over 7 fiscal years, falling from ₹3.56 Crore in FY 2018-19 to ₹1.29 Crore in FY 2024-25.

HSN Code 73242100 Ranked #8008 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 73242100 ranks #8008 out of 12657 HSN codes by total export value. Within Sub-Chapter 7324, it ranks #4 of 4. By trade surplus, it ranks #5354 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 73242100 Exports

The strongest single-year export movement for HSN Code 73242100 was recorded in FY 2021-22, when exports surged by 936.36% over the prior year.

India Maintains a Trade Surplus of ₹0.06 Crore in HSN Code 73242100 Goods

In FY 2024-25, India's exports of ₹1.29 Cr exceeded imports of ₹1.23 Cr, resulting in a trade surplus of ₹0.06 Crore — ranking #5354 of 12657 by surplus magnitude.

Import Growth of −0.40% CAGR Signals Stable Import Dependency for Cast Iron Baths

India's imports under HSN Code 73242100 have grown at −0.40% CAGR, reaching ₹1.23 Crore in FY 2024-25.

HSN Code 73242100 Contributes 1.01% of Sub-Chapter 7324 Exports — Ranked #4

Among the 4 HSN codes under Sub-Chapter 7324, HSN Code 73242100 ranks #4 by export value — accounting for 1.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.24% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 73242100 and GST compliance.

What products are classified under HSN 73242100 ?

It includes Of Non-Malleable Cast Iron

Does packaging or labelling change the GST for Cast Iron Baths?

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 Cast Iron Baths?

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.

Can we claim ITC on inputs used to trade Cast Iron Baths?

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

Any common misclassification issue with Cast Iron Baths?

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

How much GST applies to Cast Iron Baths?

Under HSN 73242100, Cast Iron Baths attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.