HSN Code 80030040: Threaded Articles | Coach Screws
HSN Code 80030040 represents Threaded Articles | Coach Screws under GST classification. This code helps businesses identify Threaded Articles | Coach Screws correctly for billing, taxation, and trade. With HSN Code 80030040, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Threaded Articles | Coach Screws.
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Description of Goods for HSN Code 80030040
HSN Code 80030040 relates to the following description.
What does HSN Code 80030040 not include?
Threaded Articles | Coach Screws does not include products with the following descriptions.
Tin bars, rods, profiles and wire : Hollow bars
Tin bars, rods, profiles and wire : Bars, other than hollow bars; rods
Tin bars, rods, profiles and wire : Profiles
India’s Trade Performance — HSN Code 80030040 in FY 2024-25
India’s Exports
FY 2024-25₹4 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25₹19 Cr
0.0003% of India’s total imports
Trade Balance
FY 2024-25−₹15 Cr
Surplus rank #9360 of 12657 HSN codes
% of Sub-Chapter 8003
FY 2024-254.83%
Share of Sub-Chapter 8003’s total exports in FY 2024-25
Import side: 11.16% of Sub-Chapter 8003’s imports
Rank Within Sub-Chapter 8003
FY 2024-25#2 of 4
Position by export value among HSN codes in Sub-Chapter 8003
Import-side rank: #3 of 4
At a glance
−2.26%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#6998
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+273.91%
Peak Growth Year
FY 2022-23 · strongest single-year move
4.83%
Contribution to Sub-Ch. 8003
Share of Sub-Chapter 8003 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 80030040
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−13.84
Exports
4.13 ₹ Cr
0.0002% share
— YoY
14.38% of Sub-Ch. 8003
Imports
17.97 ₹ Cr
0.0005% share
— YoY
42.51% of Sub-Ch. 8003
Balance
−8.61
Exports
2.88 ₹ Cr
0.0001% share
−30.27% YoY
16.54% of Sub-Ch. 8003
Imports
11.49 ₹ Cr
0.0003% share
−36.06% YoY
30.84% of Sub-Ch. 8003
Balance
−3.76
Exports
1.15 ₹ Cr
0.0001% share
−60.07% YoY
4.86% of Sub-Ch. 8003
Imports
4.91 ₹ Cr
0.0002% share
−57.27% YoY
14.27% of Sub-Ch. 8003
Balance
−14.03
Exports
1.15 ₹ Cr
0.0000% share
0.00% YoY
2.46% of Sub-Ch. 8003
Imports
15.18 ₹ Cr
0.0003% share
+209.17% YoY
18.73% of Sub-Ch. 8003
Balance
−10.90
Exports
4.30 ₹ Cr
0.0001% share
+273.91% YoY
11.61% of Sub-Ch. 8003
Imports
15.20 ₹ Cr
0.0003% share
+0.13% YoY
17.86% of Sub-Ch. 8003
Balance
−12.84
Exports
2.95 ₹ Cr
0.0001% share
−31.40% YoY
7.22% of Sub-Ch. 8003
Imports
15.79 ₹ Cr
0.0003% share
+3.88% YoY
13.66% of Sub-Ch. 8003
Balance
−15.22
Exports
3.60 ₹ Cr
0.0001% share
+22.03% YoY
4.83% of Sub-Ch. 8003
Imports
18.82 ₹ Cr
0.0003% share
+19.19% YoY
11.16% of Sub-Ch. 8003
CAGR · 7-Year
Exports
−2.26% /yr
Imports
0.77% /yr
reference, FY 2024-25
Export
₹74.55 Cr
Import
₹168.68 Cr
Trade Balance
−94.13
Key Trade Insights: HSN Code 80030040 Export-Import Analysis
Export Decline: −2.26% CAGR Over 7 Years
India's exports under HSN Code 80030040 have declined at a compound annual rate of −2.26% over 7 fiscal years, falling from ₹4.13 Crore in FY 2018-19 to ₹3.60 Crore in FY 2024-25.
HSN Code 80030040 Ranked #6998 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 80030040 ranks #6998 out of 12657 HSN codes by total export value. Within Sub-Chapter 8003, it ranks #2 of 4. By trade surplus, it ranks #9360 of 12657.
FY 2022-23 Was the Strongest Growth Year for HSN Code 80030040 Exports
The strongest single-year export movement for HSN Code 80030040 was recorded in FY 2022-23, when exports surged by 273.91% over the prior year.
India Records a Trade Deficit of ₹15.22 Crore in HSN Code 80030040 Goods
In FY 2024-25, India's imports of ₹18.82 Cr exceeded exports of ₹3.60 Cr, resulting in a trade deficit of ₹15.22 Crore — ranking #9360 of 12657 by surplus magnitude.
Import Growth of 0.77% CAGR Signals Stable Import Dependency for Threaded Articles | Coach Screws
India's imports under HSN Code 80030040 have grown at 0.77% CAGR, reaching ₹18.82 Crore in FY 2024-25.
HSN Code 80030040 Contributes 4.83% of Sub-Chapter 8003 Exports — Ranked #2
Among the 4 HSN codes under Sub-Chapter 8003, HSN Code 80030040 ranks #2 by export value — accounting for 4.83% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 11.16% share (rank #3).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 80030040 and GST compliance.
What products are classified under HSN 80030040 ?
It includes Unwrought Tungsten (Sintered Bars/Rods)
Does packaging or labelling change the GST for Threaded Articles / Coach Screws?
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 Threaded Articles / Coach Screws?
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 Threaded Articles / Coach Screws?
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 Threaded Articles / Coach Screws?
Under HSN 80030040, Threaded Articles / Coach Screws attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Any common misclassification issue with Threaded Articles / Coach Screws?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.