1301 HSN Code: Flat-rolled alloy steel

HSN Sub Chapter 1301 represents Flat-rolled alloy steel under GST classification. This code helps businesses identify Flat-rolled alloy steel correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 1301, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Flat-rolled alloy steel.

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New GST Rate for HSN Code 1301

GST Rate for Flat-rolled alloy steel under HSN Code 1301. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

13

HSN Code

1301

HSN Description

Lac; natural gums, resins, gum:resins and oleoresins (for example, balsams)

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 1301

Following tariff HSN codes fall under Flat-rolled alloy steel.

Tariff HSN

13011010

Description

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : shellac

Tariff HSN

13011020

Description

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : seed lac

Tariff HSN

13011030

Description

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : stick lac

Tariff HSN

13011040

Description

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : dewaxed and decolourised lac

Tariff HSN

13011050

Description

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : bleached lac

Tariff HSN

13011060

Description

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : gasket lac

Tariff HSN

13011070

Description

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : button lac

Tariff HSN

13011080

Description

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : garnet lac

Tariff HSN

13011090

Description

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : other

Tariff HSN

13012000

Description

Gum Arabic

Tariff HSN

13019011

Description

Other : Natural Gums : Asian gum

Tariff HSN

13019012

Description

Other : Natural Gums : African gum

Tariff HSN

13019013

Description

Other : Natural Gums : Asafoetida

Tariff HSN

13019014

Description

Other : Natural Gums : Benjamin ras

Tariff HSN

13019015

Description

Other : Natural Gums : Benjamin cowrie

Tariff HSN

13019016

Description

Other : Natural Gums : Karaya gum (Indian tragacanth) hastab

Tariff HSN

13019017

Description

Other : Natural Gums : Tragacanth (adraganth)

Tariff HSN

13019018

Description

Other : Natural Gums : Storax

Tariff HSN

13019019

Description

Other : Natural Gums : Other

Tariff HSN

13019021

Description

Other : Resins : Copal

Tariff HSN

13019022

Description

Other : Resins : Dammar batu

Tariff HSN

13019029

Description

Other : Resins : Other

Tariff HSN

13019031

Description

Other : Gum Resins : Myrrh

Tariff HSN

13019032

Description

Other : Gum Resins : Oilbanum or frankincense

Tariff HSN

13019033

Description

Other : Gum Resins : Mastic gum

Tariff HSN

13019034

Description

Other : Gum Resins : Xanthium gum

Tariff HSN

13019039

Description

Other : Gum Resins : Other

Tariff HSN

13019041

Description

Other : Oleoresins : Of seeds

Tariff HSN

13019042

Description

Other : Oleoresins : Of fruits

Tariff HSN

13019043

Description

Other : Oleoresins : Of leaves

Tariff HSN

13019044

Description

Other : Oleoresins : Of spices

Tariff HSN

13019045

Description

Other : Oleoresins : Of flowers

Tariff HSN

13019046

Description

Other : Oleoresins : Of roots

Tariff HSN

13019049

Description

Other : Oleoresins : Other

Tariff HSN

13019099

Description

Other : Other : Other [other than lac and shellac]

India’s Trade Performance — HSN Sub-Chapter 1301 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

₹829 Cr

+15.13% vs FY 2023-24

0.0224% of India’s total exports

India’s Imports

FY 2024-25

₹2,290 Cr

+14.66% vs FY 2023-24

0.0375% of India’s total imports

Trade Balance

FY 2024-25

−₹1,460 Cr

Trade Deficit

Surplus rank #999 of 1233 subchapters

% of Chapter 13

FY 2024-25

8.68%

Share of Chapter 13’s total exports in FY 2024-25

Import side: 68.60% of Chapter 13’s imports

Rank Within Chapter 13

FY 2024-25

#2 of 2

Position by export value among subchapters in Chapter 13

Import-side rank: #1 of 2

At a glance

9.78%

Export CAGR

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

#421

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+42.61%

Peak Growth Year

FY 2019-20 · strongest single-year move

8.68%

Contribution to Ch. 13

Share of Chapter 13 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 1301

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 #430

Balance

−735.75

Exports

473.91 ₹ Cr

0.0206% share

— YoY

6.43% of Ch. 13

Imports

1,209.66 ₹ Cr

0.0337% share

— YoY

67.92% of Ch. 13

FY 2019-20 Exp. Rank #354

Balance

−667.36

Exports

675.86 ₹ Cr

0.0306% share

+42.61% YoY

11.59% of Ch. 13

Imports

1,343.22 ₹ Cr

0.0400% share

+11.04% YoY

68.54% of Ch. 13

FY 2020-21 Exp. Rank #340

Balance

−412.59

Exports

827.76 ₹ Cr

0.0385% share

+22.48% YoY

15.35% of Ch. 13

Imports

1,240.35 ₹ Cr

0.0426% share

−7.66% YoY

65.58% of Ch. 13

FY 2021-22 Exp. Rank #362

Balance

−422.73

Exports

992.83 ₹ Cr

0.0316% share

+19.94% YoY

13.60% of Ch. 13

Imports

1,415.56 ₹ Cr

0.0310% share

+14.13% YoY

66.69% of Ch. 13

FY 2022-23 Exp. Rank #376

Balance

−1,353.88

Exports

1,012.49 ₹ Cr

0.0280% share

+1.98% YoY

11.73% of Ch. 13

Imports

2,366.37 ₹ Cr

0.0412% share

+67.17% YoY

70.58% of Ch. 13

FY 2023-24 Exp. Rank #438

Balance

−1,276.40

Exports

720.36 ₹ Cr

0.0199% share

−28.85% YoY

8.94% of Ch. 13

Imports

1,996.76 ₹ Cr

0.0356% share

−15.62% YoY

66.02% of Ch. 13

FY 2024-25 Exp. Rank #421

Balance

−1,460.24

Exports

829.33 ₹ Cr

0.0224% share

+15.13% YoY

8.68% of Ch. 13

Imports

2,289.57 ₹ Cr

0.0375% share

+14.66% YoY

68.60% of Ch. 13

CAGR · 7-Year

Exports

9.78% /yr

Imports

11.22% /yr

Consistently Deficit
Chapter 13 total

reference, FY 2024-25

Export

₹9,549.62 Cr

Import

₹3,337.72 Cr

Trade Balance

+6,211.90

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

Key Trade Insights: HSN Sub-Chapter 1301 Export-Import Analysis

Consistent Export Growth: 9.78% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 1301 have grown at a compound annual rate of 9.78% over 7 fiscal years, rising from ₹473.91 Crore in FY 2018-19 to ₹829.33 Crore in FY 2024-25.

HSN Sub-Chapter 1301 Ranked #421 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 1301 ranks #421 out of 1233 subchapters by total export value. Within Chapter 13, it ranks #2 of 2. By trade surplus, it ranks #999 of 1233.

FY 2019-20 Was the Strongest Growth Year for HSN Sub-Chapter 1301 Exports

The strongest single-year export movement for HSN Sub-Chapter 1301 was recorded in FY 2019-20, when exports surged by 42.61% over the prior year.

India Records a Trade Deficit of ₹1,460.24 Crore in HSN Sub-Chapter 1301 Goods

In FY 2024-25, India's imports of ₹2,289.57 Cr exceeded exports of ₹829.33 Cr, resulting in a trade deficit of ₹1,460.24 Crore — ranking #999 of 1233 by surplus magnitude.

Import Growth of 11.22% CAGR Signals Rising Demand for Flat-rolled alloy steel

India's imports under HSN Sub-Chapter 1301 have grown at 11.22% CAGR, reaching ₹2,289.57 Crore in FY 2024-25.

HSN Sub-Chapter 1301 Contributes 8.68% of Chapter 13 Exports — Ranked #2

Among the 2 subchapters under Chapter 13, HSN Sub-Chapter 1301 ranks #2 by export value — accounting for 8.68% of the chapter's total exports in FY 2024-25. On the import side, it holds 68.60% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 1301 and GST compliance.

What products are classified under HSN 1301

It includes Flat-rolled alloy steel

What are the e‑way bill and e‑invoice points while moving Flat-rolled alloy steel?

Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.

How are warranty replacements of Flat-rolled alloy steel handled?

If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.

What misclassification mistakes happen with Flat-rolled alloy steel?

Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.

Does MRP, weight or pack size change GST treatment for Flat-rolled alloy steel?

Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.

What should my invoice and records include for Flat-rolled alloy steel?

Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.

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.

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