7302 HSN Code: Railway Materials

HSN Sub Chapter 7302 represents Railway Materials under GST classification. This code helps businesses identify Railway Materials correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7302, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Railway Materials.

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New GST Rate for HSN Code 7302

GST Rate for Railway Materials under HSN Code 7302. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

73

HSN Code

7302

HSN Description

Railway or tramway track construction material of iron or steel, the following: rails, check-rails and rack rails, switch blades, crossing frogs, point rods and other crossing pieces, sleepers (cross-ties), fish- plates, chairs, chair wedges, sole plates (base plates), rail clips, bedplates, ties and other material specialized for jointing or fixing rails

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 7302

Following tariff HSN codes fall under Railway Materials.

Tariff HSN

73021010

Description

Railway or tramway track construction material of iron or steel, the following: rails, check-rails and rack rails, switch blades, crossing frogs, point rods and other crossing pieces, sleepers (cross-ties), fish - plates, chairs, chair wedges, sole plates (base plates), rail clips, bedplates, ties and other material specialized for jointing or fixing rails- rails : for railways

Tariff HSN

73021011

Description

Rails : For railways :Head hardened rails

Tariff HSN

73021012

Description

Rails : For railways :Asymmetric rails with end forging

Tariff HSN

73021013

Description

Rails : For railways :Asymmetric rails without end forging

Tariff HSN

73021014

Description

Rails : For railways :Other than asymmetric rails and head hardened rails

Tariff HSN

73021019

Description

Rails : For railways : Other

Tariff HSN

73021020

Description

Rails : For tramways

Tariff HSN

73021090

Description

Rails : Other

Tariff HSN

73023000

Description

Switch blades, crossing frogs, point rods and other crossing pieces

Tariff HSN

73024000

Description

Fish-plates and sole plates

Tariff HSN

73029010

Description

Other : Material for jointing or fixing rails

Tariff HSN

73029090

Description

Other : Other

India’s Trade Performance — HSN Sub-Chapter 7302 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

₹748 Cr

+91.81% vs FY 2023-24

0.0202% of India’s total exports

India’s Imports

FY 2024-25

₹579 Cr

−43.64% vs FY 2023-24

0.0095% of India’s total imports

Trade Balance

FY 2024-25

₹169 Cr

Trade Surplus

Surplus rank #348 of 1233 subchapters

% of Chapter 73

FY 2024-25

0.87%

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

Import side: 1.30% of Chapter 73’s imports

Rank Within Chapter 73

FY 2024-25

#16 of 26

Position by export value among subchapters in Chapter 73

Import-side rank: #13 of 26

At a glance

15.96%

Export CAGR

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

#440

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+91.81%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.87%

Contribution to Ch. 73

Share of Chapter 73 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 7302

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 #518

Balance

−446.31

Exports

307.79 ₹ Cr

0.0134% share

— YoY

0.60% of Ch. 73

Imports

754.10 ₹ Cr

0.0210% share

— YoY

2.11% of Ch. 73

FY 2019-20 Exp. Rank #466

Balance

−274.81

Exports

391.60 ₹ Cr

0.0177% share

+27.23% YoY

0.79% of Ch. 73

Imports

666.41 ₹ Cr

0.0199% share

−11.63% YoY

2.02% of Ch. 73

FY 2020-21 Exp. Rank #507

Balance

−416.84

Exports

323.81 ₹ Cr

0.0151% share

−17.31% YoY

0.66% of Ch. 73

Imports

740.65 ₹ Cr

0.0254% share

+11.14% YoY

2.65% of Ch. 73

FY 2021-22 Exp. Rank #566

Balance

−345.53

Exports

334.37 ₹ Cr

0.0107% share

+3.26% YoY

0.51% of Ch. 73

Imports

679.90 ₹ Cr

0.0149% share

−8.20% YoY

1.94% of Ch. 73

FY 2022-23 Exp. Rank #595

Balance

−253.68

Exports

335.80 ₹ Cr

0.0093% share

+0.43% YoY

0.43% of Ch. 73

Imports

589.48 ₹ Cr

0.0103% share

−13.30% YoY

1.53% of Ch. 73

FY 2023-24 Exp. Rank #572

Balance

−638.01

Exports

390.07 ₹ Cr

0.0108% share

+16.16% YoY

0.47% of Ch. 73

Imports

1,028.08 ₹ Cr

0.0183% share

+74.40% YoY

2.43% of Ch. 73

FY 2024-25 Exp. Rank #440

Balance

+168.74

Exports

748.20 ₹ Cr

0.0202% share

+91.81% YoY

0.87% of Ch. 73

Imports

579.46 ₹ Cr

0.0095% share

−43.64% YoY

1.30% of Ch. 73

CAGR · 7-Year

Exports

15.96% /yr

Imports

−4.30% /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 7302 Export-Import Analysis

Consistent Export Growth: 15.96% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 7302 have grown at a compound annual rate of 15.96% over 7 fiscal years, rising from ₹307.79 Crore in FY 2018-19 to ₹748.20 Crore in FY 2024-25.

HSN Sub-Chapter 7302 Ranked #440 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 7302 ranks #440 out of 1233 subchapters by total export value. Within Chapter 73, it ranks #16 of 26. By trade surplus, it ranks #348 of 1233.

FY 2024-25 Was the Strongest Growth Year for HSN Sub-Chapter 7302 Exports

The strongest single-year export movement for HSN Sub-Chapter 7302 was recorded in FY 2024-25, when exports surged by 91.81% over the prior year.

India Maintains a Trade Surplus of ₹168.74 Crore in HSN Sub-Chapter 7302 Goods

In FY 2024-25, India's exports of ₹748.20 Cr exceeded imports of ₹579.46 Cr, resulting in a trade surplus of ₹168.74 Crore — ranking #348 of 1233 by surplus magnitude.

Import Growth of −4.30% CAGR Signals Stable Import Dependency for Railway Materials

India's imports under HSN Sub-Chapter 7302 have grown at −4.30% CAGR, reaching ₹579.46 Crore in FY 2024-25.

HSN Sub-Chapter 7302 Contributes 0.87% of Chapter 73 Exports — Ranked #16

Among the 26 subchapters under Chapter 73, HSN Sub-Chapter 7302 ranks #16 by export value — accounting for 0.87% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.30% share (rank #13).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 7302 and GST compliance.

What products are classified under HSN 7302

It includes Railway Materials

Do spares or accessories of Railway Materials follow the same HSN?

Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.

How do I bill a kit or combo that includes Railway Materials?

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.

What misclassification mistakes happen with Railway Materials?

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.

Can reverse charge ever apply to transactions involving Railway Materials?

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

Does packaging or branding change how GST applies to Railway Materials?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Railway Materials 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.

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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