7301 HSN Code: Iron sheet piling

HSN Sub Chapter 7301 represents Iron sheet piling under GST classification. This code helps businesses identify Iron sheet piling correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7301, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Iron sheet piling.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

New GST Rate for HSN Code 7301

GST Rate for Iron sheet piling under HSN Code 7301. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

73

HSN Code

7301

HSN Description

Sheet piling of iron or steel, whether or not drilled, punched or made from assembled elements; welded angles, shapes and sections, of iron or steel

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 7301

Following tariff HSN codes fall under Iron sheet piling.

Tariff HSN

73011000

Description

Sheet piling

Tariff HSN

73012010

Description

Angles, shapes and sections : Steel slotted angles

Tariff HSN

73012090

Description

Angles, shapes and sections : Other

India’s Trade Performance — HSN Sub-Chapter 7301 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

₹212 Cr

+73.14% vs FY 2023-24

0.0057% of India’s total exports

India’s Imports

FY 2024-25

₹132 Cr

−12.83% vs FY 2023-24

0.0022% of India’s total imports

Trade Balance

FY 2024-25

₹80 Cr

Trade Surplus

Surplus rank #403 of 1233 subchapters

% of Chapter 73

FY 2024-25

0.25%

Share of Chapter 73’s total exports in FY 2024-25

Import side: 0.30% of Chapter 73’s imports

Rank Within Chapter 73

FY 2024-25

#20 of 26

Position by export value among subchapters in Chapter 73

Import-side rank: #21 of 26

At a glance

23.40%

Export CAGR

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

#691

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+73.14%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.25%

Contribution to Ch. 73

Share of Chapter 73 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 7301

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 #809

Balance

−107.56

Exports

60.14 ₹ Cr

0.0026% share

— YoY

0.12% of Ch. 73

Imports

167.70 ₹ Cr

0.0047% share

— YoY

0.47% of Ch. 73

FY 2019-20 Exp. Rank #780

Balance

−83.17

Exports

73.75 ₹ Cr

0.0033% share

+22.63% YoY

0.15% of Ch. 73

Imports

156.92 ₹ Cr

0.0047% share

−6.43% YoY

0.48% of Ch. 73

FY 2020-21 Exp. Rank #765

Balance

−174.28

Exports

79.24 ₹ Cr

0.0037% share

+7.44% YoY

0.16% of Ch. 73

Imports

253.52 ₹ Cr

0.0087% share

+61.56% YoY

0.91% of Ch. 73

FY 2021-22 Exp. Rank #745

Balance

+23.49

Exports

124.72 ₹ Cr

0.0040% share

+57.40% YoY

0.19% of Ch. 73

Imports

101.23 ₹ Cr

0.0022% share

−60.07% YoY

0.29% of Ch. 73

FY 2022-23 Exp. Rank #761

Balance

+33.81

Exports

134.56 ₹ Cr

0.0037% share

+7.89% YoY

0.17% of Ch. 73

Imports

100.75 ₹ Cr

0.0018% share

−0.47% YoY

0.26% of Ch. 73

FY 2023-24 Exp. Rank #782

Balance

−29.31

Exports

122.65 ₹ Cr

0.0034% share

−8.85% YoY

0.15% of Ch. 73

Imports

151.96 ₹ Cr

0.0027% share

+50.83% YoY

0.36% of Ch. 73

FY 2024-25 Exp. Rank #691

Balance

+79.90

Exports

212.36 ₹ Cr

0.0057% share

+73.14% YoY

0.25% of Ch. 73

Imports

132.46 ₹ Cr

0.0022% share

−12.83% YoY

0.30% of Ch. 73

CAGR · 7-Year

Exports

23.40% /yr

Imports

−3.86% /yr

Consistently Surplus
Chapter 73 total

reference, FY 2024-25

Export

₹86,156.43 Cr

Import

₹44,501.24 Cr

Trade Balance

+41,655.19

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

Key Trade Insights: HSN Sub-Chapter 7301 Export-Import Analysis

Consistent Export Growth: 23.40% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 7301 have grown at a compound annual rate of 23.40% over 7 fiscal years, rising from ₹60.14 Crore in FY 2018-19 to ₹212.36 Crore in FY 2024-25.

HSN Sub-Chapter 7301 Ranked #691 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 7301 ranks #691 out of 1233 subchapters by total export value. Within Chapter 73, it ranks #20 of 26. By trade surplus, it ranks #403 of 1233.

FY 2024-25 Was the Strongest Growth Year for HSN Sub-Chapter 7301 Exports

The strongest single-year export movement for HSN Sub-Chapter 7301 was recorded in FY 2024-25, when exports surged by 73.14% over the prior year.

India Maintains a Trade Surplus of ₹79.90 Crore in HSN Sub-Chapter 7301 Goods

In FY 2024-25, India's exports of ₹212.36 Cr exceeded imports of ₹132.46 Cr, resulting in a trade surplus of ₹79.90 Crore — ranking #403 of 1233 by surplus magnitude.

Import Growth of −3.86% CAGR Signals Stable Import Dependency for Iron sheet piling

India's imports under HSN Sub-Chapter 7301 have grown at −3.86% CAGR, reaching ₹132.46 Crore in FY 2024-25.

HSN Sub-Chapter 7301 Contributes 0.25% of Chapter 73 Exports — Ranked #20

Among the 26 subchapters under Chapter 73, HSN Sub-Chapter 7301 ranks #20 by export value — accounting for 0.25% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.30% share (rank #21).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 7301 and GST compliance.

What products are classified under HSN 7301

It includes Iron sheet piling

Can reverse charge ever apply to transactions involving Iron sheet piling?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Iron sheet piling are forward charge. Check the current notifications for any special cases before deciding.

Does packaging or branding change how GST applies to Iron sheet piling?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Iron sheet piling is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.

How do I bill a kit or combo that includes Iron sheet piling?

Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.

Can I claim ITC on inputs and services used for Iron sheet piling?

If your outward supply of Iron sheet piling is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.

How should I document Iron sheet piling sent for job work?

Use a delivery challan for sending Iron sheet piling to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.

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.

Explore More HSN Codes from Chapter 73