HSN Code 73262090: Steel Wire Articles (Other)

HSN Code 73262090 represents Steel Wire Articles (Other) under GST classification. This code helps businesses identify Steel Wire Articles (Other) correctly for billing, taxation, and trade. With HSN Code 73262090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Steel Wire Articles (Other).

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Description of Goods for HSN Code 73262090

HSN Code 73262090 relates to the following description.

Description of Goods

Articles of iron or steel wire : Other

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 73262090 not include?

Steel Wire Articles (Other) does not include products with the following descriptions.

HSN Code 73261100

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

HSN Code 73261910

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

HSN Code 73262010

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

HSN Code 73269030

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

HSN Code 73269080

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

India’s Trade Performance — HSN Code 73262090 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

₹565 Cr

+4.91% vs FY 2023-24

0.0154% of India’s total exports

India’s Imports

FY 2024-25

₹160 Cr

−16.75% vs FY 2023-24

0.0026% of India’s total imports

Trade Balance

FY 2024-25

₹405 Cr

Trade Surplus

Surplus rank #746 of 12657 HSN codes

% of Sub-Chapter 7326

FY 2024-25

4.77%

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

Import side: 1.81% of Sub-Chapter 7326’s imports

Rank Within Sub-Chapter 7326

FY 2024-25

#4 of 15

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

Import-side rank: #5 of 15

At a glance

19.83%

Export CAGR

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

#900

National Export Rank

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

+96.44%

Peak Growth Year

FY 2021-22 · strongest single-year move

4.77%

Contribution to Sub-Ch. 7326

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

India Export-Import Trade Statistics for HSN Code 73262090

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 #1356

Balance

+7.34

Exports

190.96 ₹ Cr

0.0084% share

— YoY

2.34% of Sub-Ch. 7326

Imports

183.62 ₹ Cr

0.0051% share

— YoY

2.93% of Sub-Ch. 7326

FY 2019-20 Exp. Rank #909

Balance

+172.95

Exports

334.32 ₹ Cr

0.0152% share

+75.07% YoY

4.53% of Sub-Ch. 7326

Imports

161.37 ₹ Cr

0.0048% share

−12.12% YoY

2.75% of Sub-Ch. 7326

FY 2020-21 Exp. Rank #1142

Balance

+143.73

Exports

257.31 ₹ Cr

0.0120% share

−23.03% YoY

3.60% of Sub-Ch. 7326

Imports

113.58 ₹ Cr

0.0039% share

−29.62% YoY

2.18% of Sub-Ch. 7326

FY 2021-22 Exp. Rank #857

Balance

+370.26

Exports

505.47 ₹ Cr

0.0161% share

+96.44% YoY

5.07% of Sub-Ch. 7326

Imports

135.21 ₹ Cr

0.0030% share

+19.04% YoY

2.36% of Sub-Ch. 7326

FY 2022-23 Exp. Rank #963

Balance

+339.99

Exports

474.45 ₹ Cr

0.0131% share

−6.14% YoY

4.72% of Sub-Ch. 7326

Imports

134.46 ₹ Cr

0.0023% share

−0.55% YoY

1.87% of Sub-Ch. 7326

FY 2023-24 Exp. Rank #897

Balance

+346.52

Exports

538.89 ₹ Cr

0.0149% share

+13.58% YoY

4.75% of Sub-Ch. 7326

Imports

192.37 ₹ Cr

0.0034% share

+43.07% YoY

2.39% of Sub-Ch. 7326

FY 2024-25 Exp. Rank #900

Balance

+405.20

Exports

565.35 ₹ Cr

0.0154% share

+4.91% YoY

4.77% of Sub-Ch. 7326

Imports

160.15 ₹ Cr

0.0026% share

−16.75% YoY

1.81% of Sub-Ch. 7326

CAGR · 7-Year

Exports

19.83% /yr

Imports

−2.25% /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 73262090 Export-Import Analysis

Consistent Export Growth: 19.83% CAGR Over 7 Years

India's exports under HSN Code 73262090 have grown at a compound annual rate of 19.83% over 7 fiscal years, rising from ₹190.96 Crore in FY 2018-19 to ₹565.35 Crore in FY 2024-25.

HSN Code 73262090 Ranked #900 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 73262090 ranks #900 out of 12657 HSN codes by total export value. Within Sub-Chapter 7326, it ranks #4 of 15. By trade surplus, it ranks #746 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 73262090 Exports

The strongest single-year export movement for HSN Code 73262090 was recorded in FY 2021-22, when exports surged by 96.44% over the prior year.

India Maintains a Trade Surplus of ₹405.20 Crore in HSN Code 73262090 Goods

In FY 2024-25, India's exports of ₹565.35 Cr exceeded imports of ₹160.15 Cr, resulting in a trade surplus of ₹405.20 Crore — ranking #746 of 12657 by surplus magnitude.

Import Growth of −2.25% CAGR Signals Stable Import Dependency for Steel Wire Articles (Other)

India's imports under HSN Code 73262090 have grown at −2.25% CAGR, reaching ₹160.15 Crore in FY 2024-25.

HSN Code 73262090 Contributes 4.77% of Sub-Chapter 7326 Exports — Ranked #4

Among the 15 HSN codes under Sub-Chapter 7326, HSN Code 73262090 ranks #4 by export value — accounting for 4.77% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.81% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 73262090 and GST compliance.

What products are classified under HSN 73262090 ?

It includes Drain Covers, Plates & Frames for Sewage & Water Systems

How much GST applies to Steel Wire Articles (Other)?

Under HSN 73262090, Steel Wire Articles (Other) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Steel Wire Articles (Other)?

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 Steel Wire Articles (Other)?

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 Steel Wire Articles (Other) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Steel Wire Articles (Other); Nil for exempt items if applicable).

Any common misclassification issue with Steel Wire Articles (Other)?

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

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.