---
title: "7307 HSN Code | HSN Code for Tool sets for retail sale in India"
description: "Know more about 7307 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 7307 covering Tool sets for retail sale."
canonical: "https://busy.in/hsn/sub-chapter-7307/"
---

# HSN Sub-chapter 7307: Tool sets for retail sale

Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel

Part of [Chapter 73: Articles Made of Iron/Steel](https://busy.in/hsn/chapter-73/).

- Current GST rate: 18%
- Earlier GST rate: 18%

## HSN codes

| Code | Title |
| --- | --- |
| 73071110 | [Sponge Iron Cast Fittings](https://busy.in/hsn/hsn-73071110/) |
| 73071120 | [SG iron cast fittings](https://busy.in/hsn/hsn-73071120/) |
| 73071190 | [Non-malleable cast iron](https://busy.in/hsn/hsn-73071190/) |
| 73071900 | [Other Cast Fittings](https://busy.in/hsn/hsn-73071900/) |
| 73072100 | [Other, Of Stainless Steel \| Flanges](https://busy.in/hsn/hsn-73072100/) |
| 73072200 | [Stainless steel: Threaded elbows, bends](https://busy.in/hsn/hsn-73072200/) |
| 73072300 | [Other, of stainless steel : Butt welding fittings](https://busy.in/hsn/hsn-73072300/) |
| 73072900 | [Other, of stainless steel : Other](https://busy.in/hsn/hsn-73072900/) |
| 73079110 | [Other \| Flanges](https://busy.in/hsn/hsn-73079110/) |
| 73079190 | [Other \| Flanges](https://busy.in/hsn/hsn-73079190/) |
| 73079210 | [Galvanized threaded elbows, bends, sleeves](https://busy.in/hsn/hsn-73079210/) |
| 73079290 | [Threaded elbows, other](https://busy.in/hsn/hsn-73079290/) |
| 73079310 | [Butt welding fittings: Galvanised](https://busy.in/hsn/hsn-73079310/) |
| 73079390 | [Other \| Butt Welding Fittings](https://busy.in/hsn/hsn-73079390/) |
| 73079910 | [Other \| Other \| Galvanised](https://busy.in/hsn/hsn-73079910/) |
| 73079990 | [Tube or pipe fittings of iron or steel \| Other](https://busy.in/hsn/hsn-73079990/) |

## Frequently asked questions

### What products are classified under HSN 7307

It includes Tool sets for retail sale

### Can I claim ITC on inputs and services used for Tool sets for retail sale?

If your outward supply of Tool sets for retail sale 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.

### Any import/export nuance for Tool sets for retail sale?

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.

### How should I document Tool sets for retail sale sent for job work?

Use a delivery challan for sending Tool sets for retail sale 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.

### Does MRP, weight or pack size change GST treatment for Tool sets for retail sale?

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.

### How are warranty replacements of Tool sets for retail sale 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.

### Do spares or accessories of Tool sets for retail sale 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.

## India's trade performance: HSN Sub-Chapter 7307 (FY 2024-25)

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

- Exports: ₹8,984 Cr (+16.58% YoY) — 0.2426% of India's total exports
- Imports: ₹3,221 Cr (+5.74% YoY) — 0.0528% of India's total imports
- Trade balance: ₹5,763 Cr (Surplus); surplus rank #63 of 1233 sub-chapters
- Share of Chapter 73: 10.43% of its exports; import side 7.24%
- Rank within Chapter 73: #4 of 26 by export value; import-side #4

### Key metrics

- Export CAGR: 10.42% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #78 of 1233 sub-chapters by export value (FY 2024-25)
- Peak growth year: +66.73% in FY 2021-22
- Contribution to Ch. 73: 10.43% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Sub-Chapter 7307

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 Ch. 73 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Ch. 73 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 4,956.57 | 0.2159% | — | 9.72% | 1,794.64 | 0.0500% | — | 5.03% | +3,161.93 | #85 |
| FY 2019-20 | 4,431.00 | 0.2006% | −10.60% | 8.89% | 1,957.23 | 0.0583% | +9.06% | 5.94% | +2,473.77 | #91 |
| FY 2020-21 | 3,770.89 | 0.1753% | −14.90% | 7.73% | 1,797.94 | 0.0617% | −8.14% | 6.43% | +1,972.95 | #117 |
| FY 2021-22 | 6,287.19 | 0.2003% | +66.73% | 9.54% | 2,337.70 | 0.0511% | +30.02% | 6.66% | +3,949.49 | #88 |
| FY 2022-23 | 7,889.22 | 0.2179% | +25.48% | 10.01% | 2,550.65 | 0.0444% | +9.11% | 6.63% | +5,338.57 | #78 |
| FY 2023-24 | 7,706.16 | 0.2130% | −2.32% | 9.36% | 3,046.39 | 0.0542% | +19.44% | 7.20% | +4,659.77 | #80 |
| FY 2024-25 | 8,984.02 | 0.2426% | +16.58% | 10.43% | 3,221.27 | 0.0528% | +5.74% | 7.24% | +5,762.75 | #78 |

- CAGR (7-year): exports 10.42%/yr, imports 10.24%/yr (consistently Surplus)

## Key trade insights: HSN Sub-Chapter 7307 export-import analysis

### Consistent export growth: 10.42% CAGR over 7 years

India's exports under HSN Sub-Chapter 7307 have grown at a compound annual rate of 10.42% over 7 fiscal years, rising from ₹4,956.57 Crore in FY 2018-19 to ₹8,984.02 Crore in FY 2024-25.

### HSN Sub-Chapter 7307 ranked #78 among all 1233 sub-chapters by export value

In FY 2024-25, HSN Sub-Chapter 7307 ranks #78 out of 1233 sub-chapters by total export value. Within Chapter 73, it ranks #4 of 26. By trade surplus, it ranks #63 of 1233.

### FY 2021-22 was the strongest growth year for HSN Sub-Chapter 7307 exports

The strongest single-year export movement for HSN Sub-Chapter 7307 was recorded in FY 2021-22, when exports surged by 66.73% over the prior year.

### India maintains a trade surplus of ₹5,762.75 Crore in HSN Sub-Chapter 7307 goods

In FY 2024-25, India's exports of ₹8,984.02 Cr exceeded imports of ₹3,221.27 Cr, resulting in a trade surplus of ₹5,762.75 Crore — ranking #63 of 1233 by surplus magnitude.

### Import growth of 10.24% CAGR signals rising demand for Tool sets for retail sale

India's imports under HSN Sub-Chapter 7307 have grown at 10.24% CAGR, reaching ₹3,221.27 Crore in FY 2024-25.

### HSN Sub-Chapter 7307 contributes 10.43% of Chapter 73 exports — ranked #4

Among the 26 sub-chapters under Chapter 73, HSN Sub-Chapter 7307 ranks #4 by export value — accounting for 10.43% of the chapter's total exports in FY 2024-25. On the import side, it holds 7.24% share (rank #4).

## Related Sub-Chapters in Chapter 73

Ranked by export value (FY 2024-25).

| Rank | HSN Sub-Chapter | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Sub-Chapter 7308: Iron & steel Structures](https://busy.in/hsn/sub-chapter-7308/) | ₹15,542 Cr |
| #2 | [HSN Sub-Chapter 7326: Other iron/steel articles](https://busy.in/hsn/sub-chapter-7326/) | ₹11,844 Cr |
| #3 | [HSN Sub-Chapter 7325: Cast Iron Items](https://busy.in/hsn/sub-chapter-7325/) | ₹10,243 Cr |
| #4 | HSN Sub-Chapter 7307: Tool sets for retail sale (this hsn sub-chapter) | ₹8,984 Cr |
| #5 | [HSN Sub-Chapter 7305: Large Steel Pipes](https://busy.in/hsn/sub-chapter-7305/) | ₹8,127 Cr |
| #6 | [HSN Sub-Chapter 7318: Screws, Bolts, Nuts (Iron/Steel)](https://busy.in/hsn/sub-chapter-7318/) | ₹6,957 Cr |
| #7 | [HSN Sub-Chapter 7306: Iron & steel pipes & tubes](https://busy.in/hsn/sub-chapter-7306/) | ₹6,127 Cr |
| #8 | [HSN Sub-Chapter 7323: Household articles of iron or steel](https://busy.in/hsn/sub-chapter-7323/) | ₹4,622 Cr |
| #9 | [HSN Sub-Chapter 7304: Pipe Fittings](https://busy.in/hsn/sub-chapter-7304/) | ₹4,064 Cr |
| #10 | [HSN Sub-Chapter 7312: Iron or steel cables](https://busy.in/hsn/sub-chapter-7312/) | ₹1,525 Cr |

## Other sub-chapters

| Code | Title |
| --- | --- |
| 7301 | [Iron sheet piling](https://busy.in/hsn/sub-chapter-7301/) |
| 7302 | [Railway Materials](https://busy.in/hsn/sub-chapter-7302/) |
| 7303 | [Cast iron tubes and pipes](https://busy.in/hsn/sub-chapter-7303/) |
| 7304 | [Pipe Fittings](https://busy.in/hsn/sub-chapter-7304/) |
| 7305 | [Large Steel Pipes](https://busy.in/hsn/sub-chapter-7305/) |
| 7306 | [Iron & steel pipes & tubes](https://busy.in/hsn/sub-chapter-7306/) |
| 7308 | [Iron & steel Structures](https://busy.in/hsn/sub-chapter-7308/) |
| 7309 | [Iron/steel containers exceeding 300L](https://busy.in/hsn/sub-chapter-7309/) |
| 7310 | [Iron or steel containers under 300L](https://busy.in/hsn/sub-chapter-7310/) |
| 7311 | [Gas Containers](https://busy.in/hsn/sub-chapter-7311/) |
| 7312 | [Iron or steel cables](https://busy.in/hsn/sub-chapter-7312/) |
| 7313 | [Barbed Wire for Fencing](https://busy.in/hsn/sub-chapter-7313/) |
| 7314 | [Iron or steel cloth & netting](https://busy.in/hsn/sub-chapter-7314/) |
| 7315 | [Chains & parts of iron or steel](https://busy.in/hsn/sub-chapter-7315/) |
| 7316 | [Anchors, Grapnels & Parts (Iron/Steel)](https://busy.in/hsn/sub-chapter-7316/) |
| 7317 | [Nails & Pins](https://busy.in/hsn/sub-chapter-7317/) |
| 7318 | [Screws, Bolts, Nuts (Iron/Steel)](https://busy.in/hsn/sub-chapter-7318/) |
| 7319 | [Sewing needles and pins](https://busy.in/hsn/sub-chapter-7319/) |
| 7320 | [Springs & leaves of iron or steel](https://busy.in/hsn/sub-chapter-7320/) |
| 7321 | [Non-electric domestic stoves, cookers](https://busy.in/hsn/sub-chapter-7321/) |
| 7322 | [Radiators, Air Heaters, Iron/Steel](https://busy.in/hsn/sub-chapter-7322/) |
| 7323 | [Household articles of iron or steel](https://busy.in/hsn/sub-chapter-7323/) |
| 7324 | [Steel Sanitary Ware](https://busy.in/hsn/sub-chapter-7324/) |
| 7325 | [Cast Iron Items](https://busy.in/hsn/sub-chapter-7325/) |
| 7326 | [Other iron/steel articles](https://busy.in/hsn/sub-chapter-7326/) |