Consistent Export Growth: 8.60% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 7304 have grown at a compound annual rate of 8.60% over 7 fiscal years, rising from ₹2,477.43 Crore in FY 2018-19 to ₹4,064.37 Crore in FY 2024-25.
HSN Sub Chapter 7304 represents Pipe Fittings under GST classification. This code helps businesses identify Pipe Fittings correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7304, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Pipe Fittings.
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GST Rate for Pipe Fittings under HSN Code 7304. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Pipe Fittings.
Tariff HSN
Description
Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel - line pipe of a kind used for oil or gas pipelines : pipes of iron or steel : of iron
Tariff HSN
Description
Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel - line pipe of a kind used for oil or gas pipelines : pipes of iron or steel : other
Tariff HSN
Description
Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel - line pipe of a kind used for oil or gas pipelines : blanks for tubes and pipes: of iron
Tariff HSN
Description
Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel - line pipe of a kind used for oil or gas pipelines : blanks for tubes and pipes: other
Tariff HSN
Description
Line pipe of a kind used for oil and gas pipelines: Of stainless steel: Tubes and pipes
Tariff HSN
Description
Line pipe of a kind used for oil and gas pipelines: Of stainless steel: Blanks for tubes and pipes
Tariff HSN
Description
Line pipe of a kind used for oil and gas pipelines: Of stainless steel: Other
Tariff HSN
Description
Line pipe of a kind used for oil and gas pipelines: Other: Tubes and pipes
Tariff HSN
Description
Line pipe of a kind used for oil and gas pipelines: Other: Blanks for tubes and pipes
Tariff HSN
Description
Line pipe of a kind used for oil and gas pipelines: Other: Other
Tariff HSN
Description
Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel - casing, tubing and drill pipe, of a kind used in drilling for oil or gas : drill pipe : of iron
Tariff HSN
Description
Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel - casing, tubing and drill pipe, of a kind used in drilling for oil or gas : drill pipe : other
Tariff HSN
Description
Casing, tubing and drill pipe, of a kind used in drilling for oil or gas: Drill pipe of stainless steel
Tariff HSN
Description
Casing, tubing and drill pipe, of a kind used in drilling for oil or gas: Other drill pipe: Of iron
Tariff HSN
Description
Casing, tubing and drill pipe, of a kind used in drilling for oil or gas: Other drill pipe: Other
Tariff HSN
Description
Casing, tubing and drill pipe, of a kind used in drilling for oil or gas: Other, of stainless steel
Tariff HSN
Description
Casing, tubing and drill pipe, of a kind used in drilling for oil or gas: Other: Of iron
Tariff HSN
Description
Casing, tubing and drill pipe, of a kind used in drilling for oil or gas: Other: Other
Tariff HSN
Description
Other, of circular cross-section, of iron or nonalloy steel: Cold-drawn or cold-rolled (cold-reduced): Up to 114.3 mm outer diameter: Of iron
Tariff HSN
Description
Other, of circular cross-section, of iron or nonalloy steel: Cold-drawn or cold-rolled (cold-reduced): Up to 114.3 mm outer diameter: Other
Tariff HSN
Description
Other, of circular cross-section, of iron or nonalloy steel: Cold-drawn or cold-rolled (cold-reduced): Above 114.3 mm but up to 219.1 mm outer diameter : Of iron
Tariff HSN
Description
Other, of circular cross-section, of iron or nonalloy steel: Cold-drawn or cold-rolled (cold-reduced): Above 114.3 mm but up to 219.1 mm outer diameter : Other
Tariff HSN
Description
Other, of circular cross-section, of iron or nonalloy steel: Cold-drawn or cold-rolled (cold-reduced): Above 219.1 mm diameter: Of iron
Tariff HSN
Description
Other, of circular cross-section, of iron or nonalloy steel: Cold-drawn or cold-rolled (cold-reduced): Above 219.1 mm diameter: Other
Tariff HSN
Description
Other, of circular cross-section, of iron or nonalloy steel: Other: Up to 114.3 mm outer diameter: Of iron
Tariff HSN
Description
Other, of circular cross-section, of iron or nonalloy steel: Other: Up to 114.3 mm outer diameter: Other
Tariff HSN
Description
Other, of circular cross-section, of iron or nonalloy steel: Other: Above 114.3 mm but up to 219.1 mm outer diameters: Of iron
Tariff HSN
Description
Other, of circular cross-section, of iron or nonalloy steel: Other: Above 114.3 mm but up to 219.1 mm outer diameters: Other
Tariff HSN
Description
Other, of circular cross-section, of iron or nonalloy steel: Other: Above 219.1 mm diameter: Of iron
Tariff HSN
Description
Other, of circular cross-section, of iron or nonalloy steel: Other: Above 219.1 mm diameter: Other
Tariff HSN
Description
Other, of circular cross section, of stainless steel: Cold-drawn or cold-rolled (cold-reduced)
Tariff HSN
Description
Other, of circular cross section, of stainless steel: Other
Tariff HSN
Description
Other, of circular cross section,of alloy steel: Cold-drawn or cold rolled (cold-reduced): Up to 114.3 mm diameter
Tariff HSN
Description
Other, of circular cross section,of alloy steel: Cold-drawn or cold rolled (cold-reduced): Above 114.3 mm but up to 219.1 mm outer diameter
Tariff HSN
Description
Other, of circular cross section,of alloy steel: Cold-drawn or cold rolled (cold-reduced): Above 219.1 mm outer diameter
Tariff HSN
Description
Other, of circular cross section,of alloy steel: Other: Up to 114.3 mm diameter
Tariff HSN
Description
Other, of circular cross section,of alloy steel: Other: Above 114.3 mm but up to 219.1 mm outer diameter
Tariff HSN
Description
Other, of circular cross section,of alloy steel: Other: Above 219.1 mm outer diameter
Tariff HSN
Description
Other, of circular cross section,of alloy steel: Other: Other
India’s Exports
FY 2024-25₹4,064 Cr
0.1097% of India’s total exports
India’s Imports
FY 2024-25₹7,945 Cr
0.1303% of India’s total imports
Trade Balance
FY 2024-25−₹3,880 Cr
Surplus rank #1090 of 1233 subchapters
% of Chapter 73
FY 2024-254.72%
Share of Chapter 73’s total exports in FY 2024-25
Import side: 17.85% of Chapter 73’s imports
Rank Within Chapter 73
FY 2024-25#9 of 26
Position by export value among subchapters in Chapter 73
Import-side rank: #3 of 26
At a glance
8.60%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#155
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+94.70%
Peak Growth Year
FY 2022-23 · strongest single-year move
4.72%
Contribution to Ch. 73
Share of Chapter 73 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−4,384.49
Exports
2,477.43 ₹ Cr
0.1079% share
— YoY
4.86% of Ch. 73
Imports
6,861.92 ₹ Cr
0.1911% share
— YoY
19.24% of Ch. 73
Balance
−4,718.49
Exports
2,262.09 ₹ Cr
0.1024% share
−8.69% YoY
4.54% of Ch. 73
Imports
6,980.58 ₹ Cr
0.2081% share
+1.73% YoY
21.19% of Ch. 73
Balance
−2,668.97
Exports
1,795.16 ₹ Cr
0.0835% share
−20.64% YoY
3.68% of Ch. 73
Imports
4,464.13 ₹ Cr
0.1532% share
−36.05% YoY
15.97% of Ch. 73
Balance
−2,423.08
Exports
3,197.90 ₹ Cr
0.1019% share
+78.14% YoY
4.85% of Ch. 73
Imports
5,620.98 ₹ Cr
0.1230% share
+25.91% YoY
16.01% of Ch. 73
Balance
−26.10
Exports
6,226.29 ₹ Cr
0.1720% share
+94.70% YoY
7.90% of Ch. 73
Imports
6,252.39 ₹ Cr
0.1087% share
+11.23% YoY
16.24% of Ch. 73
Balance
−1,648.44
Exports
4,552.77 ₹ Cr
0.1258% share
−26.88% YoY
5.53% of Ch. 73
Imports
6,201.21 ₹ Cr
0.1104% share
−0.82% YoY
14.65% of Ch. 73
Balance
−3,880.41
Exports
4,064.37 ₹ Cr
0.1097% share
−10.73% YoY
4.72% of Ch. 73
Imports
7,944.78 ₹ Cr
0.1303% share
+28.12% YoY
17.85% of Ch. 73
CAGR · 7-Year
Exports
8.60% /yr
Imports
2.47% /yr
reference, FY 2024-25
Export
₹86,156.43 Cr
Import
₹44,501.24 Cr
Trade Balance
+41,655.19
India's exports under HSN Sub-Chapter 7304 have grown at a compound annual rate of 8.60% over 7 fiscal years, rising from ₹2,477.43 Crore in FY 2018-19 to ₹4,064.37 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 7304 ranks #155 out of 1233 subchapters by total export value. Within Chapter 73, it ranks #9 of 26. By trade surplus, it ranks #1090 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 7304 was recorded in FY 2022-23, when exports surged by 94.70% over the prior year.
In FY 2024-25, India's imports of ₹7,944.78 Cr exceeded exports of ₹4,064.37 Cr, resulting in a trade deficit of ₹3,880.41 Crore — ranking #1090 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 7304 have grown at 2.47% CAGR, reaching ₹7,944.78 Crore in FY 2024-25.
Among the 26 subchapters under Chapter 73, HSN Sub-Chapter 7304 ranks #9 by export value — accounting for 4.72% of the chapter's total exports in FY 2024-25. On the import side, it holds 17.85% share (rank #3).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 7304 and GST compliance.
It includes Pipe Fittings
Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.
Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.
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.
Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.
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.