HSN Code 73261100: Forged or stamped – Grinding balls for mills

HSN Code 73261100 represents Forged or stamped – Grinding balls for mills under GST classification. This code helps businesses identify Forged or stamped – Grinding balls for mills correctly for billing, taxation, and trade. With HSN Code 73261100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Forged or stamped – Grinding balls for mills.

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Description of Goods for HSN Code 73261100

HSN Code 73261100 relates to the following description.

Description of Goods

Forged or stamped, but not further worked : Grinding balls and similar articles for mills

Chapter

73 - Articles of iron or steel

Sub Chapter

7326 - Other articles of iron or steel

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 73261100 not include?

Forged or stamped – Grinding balls for mills does not include products with the following descriptions.

Forged or stamped, but not further worked : Other: For automobiles and earth moving equipments

Articles of iron or steel wire : Tyre bead wire rings intended for use in the manufacture of tyres for cycles and cyclerickshaws

Other : Drain covers, plates, and frames for sewages, water or similar system

Other : Parts of ships, floating structure and vessels (excluding hull, propellers and paddle-wheels)

India’s Trade Performance — HSN Code 73261100 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

₹17 Cr

+44.59% vs FY 2023-24

0.0005% of India’s total exports

India’s Imports

FY 2024-25

₹16 Cr

+39.80% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #5082 of 12657 HSN codes

% of Sub-Chapter 7326

FY 2024-25

0.14%

Share of Sub-Chapter 7326’s total exports in FY 2024-25

Import side: 0.18% of Sub-Chapter 7326’s imports

Rank Within Sub-Chapter 7326

FY 2024-25

#11 of 15

Position by export value among HSN codes in Sub-Chapter 7326

Import-side rank: #11 of 15

At a glance

21.98%

Export CAGR

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

#5124

National Export Rank

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

+175.48%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.14%

Contribution to Sub-Ch. 7326

Share of Sub-Chapter 7326 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 73261100

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 #5850

Balance

−24.47

Exports

5.03 ₹ Cr

0.0002% share

YoY

0.06% of Sub-Ch. 7326

Imports

29.50 ₹ Cr

0.0008% share

YoY

0.47% of Sub-Ch. 7326

FY 2019-20 Exp. Rank #5863

Balance

−57.76

Exports

4.96 ₹ Cr

0.0002% share

−1.39% YoY

0.07% of Sub-Ch. 7326

Imports

62.72 ₹ Cr

0.0019% share

+112.61% YoY

1.07% of Sub-Ch. 7326

FY 2020-21 Exp. Rank #6413

Balance

−40.95

Exports

3.38 ₹ Cr

0.0002% share

−31.85% YoY

0.05% of Sub-Ch. 7326

Imports

44.33 ₹ Cr

0.0015% share

−29.32% YoY

0.85% of Sub-Ch. 7326

FY 2021-22 Exp. Rank #6431

Balance

−89.09

Exports

4.66 ₹ Cr

0.0001% share

+37.87% YoY

0.05% of Sub-Ch. 7326

Imports

93.75 ₹ Cr

0.0021% share

+111.48% YoY

1.64% of Sub-Ch. 7326

FY 2022-23 Exp. Rank #6641

Balance

−43.03

Exports

4.16 ₹ Cr

0.0001% share

−10.73% YoY

0.04% of Sub-Ch. 7326

Imports

47.19 ₹ Cr

0.0008% share

−49.66% YoY

0.66% of Sub-Ch. 7326

FY 2023-24 Exp. Rank #5547

Balance

−0.25

Exports

11.46 ₹ Cr

0.0003% share

+175.48% YoY

0.10% of Sub-Ch. 7326

Imports

11.71 ₹ Cr

0.0002% share

−75.19% YoY

0.15% of Sub-Ch. 7326

FY 2024-25 Exp. Rank #5124

Balance

+0.20

Exports

16.57 ₹ Cr

0.0005% share

+44.59% YoY

0.14% of Sub-Ch. 7326

Imports

16.37 ₹ Cr

0.0003% share

+39.80% YoY

0.18% of Sub-Ch. 7326

CAGR · 7-Year

Exports

21.98% /yr

Imports

−9.35% /yr

Consistently Surplus
Sub-Chapter 7326 total

reference, FY 2024-25

Export

₹11,843.51 Cr

Import

₹8,857.66 Cr

Trade Balance

+2,985.85

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

Key Trade Insights: HSN Code 73261100 Export-Import Analysis

Consistent Export Growth: 21.98% CAGR Over 7 Years

India's exports under HSN Code 73261100 have grown at a compound annual rate of 21.98% over 7 fiscal years, rising from ₹5.03 Crore in FY 2018-19 to ₹16.57 Crore in FY 2024-25.

HSN Code 73261100 Ranked #5124 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 73261100 ranks #5124 out of 12657 HSN codes by total export value. Within Sub-Chapter 7326, it ranks #11 of 15. By trade surplus, it ranks #5082 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 73261100 Exports

The strongest single-year export movement for HSN Code 73261100 was recorded in FY 2023-24, when exports surged by 175.48% over the prior year.

India Maintains a Trade Surplus of ₹0.20 Crore in HSN Code 73261100 Goods

In FY 2024-25, India's exports of ₹16.57 Cr exceeded imports of ₹16.37 Cr, resulting in a trade surplus of ₹0.20 Crore — ranking #5082 of 12657 by surplus magnitude.

Import Growth of −9.35% CAGR Signals Stable Import Dependency for Forged or stamped – Grinding balls for mills

India's imports under HSN Code 73261100 have grown at −9.35% CAGR, reaching ₹16.37 Crore in FY 2024-25.

HSN Code 73261100 Contributes 0.14% of Sub-Chapter 7326 Exports — Ranked #11

Among the 15 HSN codes under Sub-Chapter 7326, HSN Code 73261100 ranks #11 by export value — accounting for 0.14% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.18% share (rank #11).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 73261100 and GST compliance.

What products are classified under HSN 73261100 ?

It includes Tyre Bead Wire Rings

Can we claim ITC on inputs used to trade Forged or stamped – Grinding balls for mills?

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 Forged or stamped – Grinding balls for mills?

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.

Any common misclassification issue with Forged or stamped – Grinding balls for mills?

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 Forged or stamped – Grinding balls for mills?

Under HSN 73261100, Forged or stamped – Grinding balls for mills attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Forged or stamped – Grinding balls for mills is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Forged or stamped – Grinding balls for mills; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Forged or stamped – Grinding balls for mills?

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.

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.