---
title: "HSN Code for Of Iron Or Steel | HSN 83071000 GST Rate"
description: "Find HSN and GST Rates for 83071000 related to Of Iron Or Steel with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-83071000/"
---

# HSN Code 83071000: Of Iron Or Steel

- [Section 15: Guide to HSN Section 15](https://busy.in/hsn/section-15/)
- [Chapter 83: Miscellaneous Base Metal Articles](https://busy.in/hsn/chapter-83/)
- [Sub-chapter 8307: Flexible Metal Tubing](https://busy.in/hsn/sub-chapter-8307/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Of iron or steel | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 83071000 ?

It includes Hooks, Eyes And Eyelets| Eyelets

### Does packaging or labelling change the GST for Of Iron Or 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.

### Do e‑way bill and e‑invoice apply for Of Iron Or 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.

### Any common misclassification issue with Of Iron Or Steel?

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

### Can we claim ITC on inputs used to trade Of Iron Or Steel?

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

### How much GST applies to Of Iron Or Steel?

Under HSN 83071000, Of Iron Or Steel attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 83071000 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹850 Cr (+14.34% YoY) — 0.0231% of India's total exports
- Imports: ₹456 Cr (−25.57% YoY) — 0.0075% of India's total imports
- Trade balance: ₹394 Cr (Surplus); surplus rank #759 of 12657 HSN codes
- Share of Sub-Chapter 8307: 97.05% of its exports; import side 85.63%
- Rank within Sub-Chapter 8307: #1 of 2 by export value; import-side #1

### Key metrics

- Export CAGR: 14.95% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #611 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +53.23% in FY 2021-22
- Contribution to Sub-Ch. 8307: 97.05% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 83071000

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. 8307 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8307 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 368.40 | 0.0161% | — | 97.03% | 211.36 | 0.0059% | — | 86.29% | +157.04 | #843 |
| FY 2019-20 | 352.41 | 0.0160% | −4.34% | 98.18% | 353.72 | 0.0106% | +67.35% | 91.54% | −1.31 | #872 |
| FY 2020-21 | 343.17 | 0.0160% | −2.62% | 97.12% | 339.77 | 0.0117% | −3.94% | 92.07% | +3.40 | #914 |
| FY 2021-22 | 525.85 | 0.0168% | +53.23% | 98.61% | 804.74 | 0.0176% | +136.85% | 94.98% | −278.89 | #825 |
| FY 2022-23 | 688.54 | 0.0190% | +30.94% | 99.02% | 619.83 | 0.0108% | −22.98% | 94.06% | +68.71 | #702 |
| FY 2023-24 | 743.41 | 0.0205% | +7.97% | 98.80% | 613.19 | 0.0109% | −1.07% | 86.88% | +130.22 | #667 |
| FY 2024-25 | 850.05 | 0.0231% | +14.34% | 97.05% | 456.37 | 0.0075% | −25.57% | 85.63% | +393.68 | #611 |

- CAGR (7-year): exports 14.95%/yr, imports 13.69%/yr (consistently Surplus)

## Key trade insights: HSN Code 83071000 export-import analysis

### Consistent export growth: 14.95% CAGR over 7 years

India's exports under HSN Code 83071000 have grown at a compound annual rate of 14.95% over 7 fiscal years, rising from ₹368.40 Crore in FY 2018-19 to ₹850.05 Crore in FY 2024-25.

### HSN Code 83071000 ranked #611 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 83071000 ranks #611 out of 12657 HSN codes by total export value. Within Sub-Chapter 8307, it ranks #1 of 2. By trade surplus, it ranks #759 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 83071000 exports

The strongest single-year export movement for HSN Code 83071000 was recorded in FY 2021-22, when exports surged by 53.23% over the prior year.

### India maintains a trade surplus of ₹393.68 Crore in HSN Code 83071000 goods

In FY 2024-25, India's exports of ₹850.05 Cr exceeded imports of ₹456.37 Cr, resulting in a trade surplus of ₹393.68 Crore — ranking #759 of 12657 by surplus magnitude.

### Import growth of 13.69% CAGR signals rising demand for Of Iron Or Steel

India's imports under HSN Code 83071000 have grown at 13.69% CAGR, reaching ₹456.37 Crore in FY 2024-25.

### HSN Code 83071000 contributes 97.05% of Sub-Chapter 8307 exports — ranked #1

Among the 2 HSN codes under Sub-Chapter 8307, HSN Code 83071000 ranks #1 by export value — accounting for 97.05% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 85.63% share (rank #1).

## Related HSN Codes in Sub-Chapter 8307

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | HSN Code 83071000: Of Iron Or Steel (this hsn code) | ₹850 Cr |
| #2 | [HSN Code 83079000: Of Other Base Metal](https://busy.in/hsn/hsn-83079000/) | ₹26 Cr |