7308 HSN Code: Iron & steel Structures

HSN Sub Chapter 7308 represents Iron & steel Structures under GST classification. This code helps businesses identify Iron & steel Structures correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7308, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Iron & steel Structures.

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New GST Rate for HSN Code 7308

GST Rate for Iron & steel Structures under HSN Code 7308. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

73

HSN Code

7308

HSN Description

Structures (excluding prefabricated buildings of heading 9406) and parts of structures (for example, bridges and bridge-sections, lock- gates, towers, lattice masts, roofs, roofing frame-works, doors and windows and their frames and thresholds for doors, shutters, balustrades, pillars and columns), of iron or steel; plates, rods, angles, shapes, sections, tubes and the like, prepared for use in structures, of iron or steel

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 7308

Following tariff HSN codes fall under Iron & steel Structures.

Tariff HSN

73081000

Description

Bridges and bridge-sections

Tariff HSN

73082011

Description

Towers and lattice masts : Towers, whether or not assembled : For transmission line

Tariff HSN

73082019

Description

Towers and lattice masts : Towers, whether or not assembled : Other

Tariff HSN

73082020

Description

Towers and lattice masts : Lattice masts

Tariff HSN

73083000

Description

Doors, windows and their frames and thresholds for doors

Tariff HSN

73084000

Description

Equipment for scaffolding, shuttering, propping or pit-propping

Tariff HSN

73089010

Description

Other : Beams, channels, pillars and girders prepared for use in structures

Tariff HSN

73089020

Description

Other : Drop rods

Tariff HSN

73089030

Description

Other : Hatchway, rails and bulkheads for ships or boats and parts of hull

Tariff HSN

73089040

Description

Other : Galvanised tension bars

Tariff HSN

73089050

Description

Other : Structures and super structures for mining

Tariff HSN

73089060

Description

Other : Truss rods

Tariff HSN

73089070

Description

Other : Tubular steel poles for electric transmission and distribution lines

Tariff HSN

73089090

Description

Other : Other

India’s Trade Performance — HSN Sub-Chapter 7308 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

₹15,542 Cr

+6.97% vs FY 2023-24

0.4197% of India’s total exports

India’s Imports

FY 2024-25

₹2,854 Cr

+5.21% vs FY 2023-24

0.0468% of India’s total imports

Trade Balance

FY 2024-25

₹12,688 Cr

Trade Surplus

Surplus rank #21 of 1233 subchapters

% of Chapter 73

FY 2024-25

18.04%

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

Import side: 6.41% of Chapter 73’s imports

Rank Within Chapter 73

FY 2024-25

#1 of 26

Position by export value among subchapters in Chapter 73

Import-side rank: #5 of 26

At a glance

13.92%

Export CAGR

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

#34

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+35.72%

Peak Growth Year

FY 2022-23 · strongest single-year move

18.04%

Contribution to Ch. 73

Share of Chapter 73 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 7308

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 #56

Balance

+4,396.40

Exports

7,109.12 ₹ Cr

0.3097% share

— YoY

13.94% of Ch. 73

Imports

2,712.72 ₹ Cr

0.0755% share

— YoY

7.61% of Ch. 73

FY 2019-20 Exp. Rank #50

Balance

+4,893.52

Exports

7,420.62 ₹ Cr

0.3360% share

+4.38% YoY

14.89% of Ch. 73

Imports

2,527.10 ₹ Cr

0.0753% share

−6.84% YoY

7.67% of Ch. 73

FY 2020-21 Exp. Rank #42

Balance

+5,430.78

Exports

7,828.00 ₹ Cr

0.3639% share

+5.49% YoY

16.05% of Ch. 73

Imports

2,397.22 ₹ Cr

0.0823% share

−5.14% YoY

8.58% of Ch. 73

FY 2021-22 Exp. Rank #49

Balance

+6,178.31

Exports

10,092.35 ₹ Cr

0.3216% share

+28.93% YoY

15.31% of Ch. 73

Imports

3,914.04 ₹ Cr

0.0856% share

+63.27% YoY

11.15% of Ch. 73

FY 2022-23 Exp. Rank #38

Balance

+11,467.22

Exports

13,696.84 ₹ Cr

0.3783% share

+35.72% YoY

17.38% of Ch. 73

Imports

2,229.62 ₹ Cr

0.0388% share

−43.04% YoY

5.79% of Ch. 73

FY 2023-24 Exp. Rank #37

Balance

+11,816.09

Exports

14,528.48 ₹ Cr

0.4015% share

+6.07% YoY

17.66% of Ch. 73

Imports

2,712.39 ₹ Cr

0.0483% share

+21.65% YoY

6.41% of Ch. 73

FY 2024-25 Exp. Rank #34

Balance

+12,688.03

Exports

15,541.60 ₹ Cr

0.4197% share

+6.97% YoY

18.04% of Ch. 73

Imports

2,853.57 ₹ Cr

0.0468% share

+5.21% YoY

6.41% of Ch. 73

CAGR · 7-Year

Exports

13.92% /yr

Imports

0.85% /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 7308 Export-Import Analysis

Consistent Export Growth: 13.92% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 7308 have grown at a compound annual rate of 13.92% over 7 fiscal years, rising from ₹7,109.12 Crore in FY 2018-19 to ₹15,541.60 Crore in FY 2024-25.

HSN Sub-Chapter 7308 Ranked #34 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 7308 ranks #34 out of 1233 subchapters by total export value. Within Chapter 73, it ranks #1 of 26. By trade surplus, it ranks #21 of 1233.

FY 2022-23 Was the Strongest Growth Year for HSN Sub-Chapter 7308 Exports

The strongest single-year export movement for HSN Sub-Chapter 7308 was recorded in FY 2022-23, when exports surged by 35.72% over the prior year.

India Maintains a Trade Surplus of ₹12,688.03 Crore in HSN Sub-Chapter 7308 Goods

In FY 2024-25, India's exports of ₹15,541.60 Cr exceeded imports of ₹2,853.57 Cr, resulting in a trade surplus of ₹12,688.03 Crore — ranking #21 of 1233 by surplus magnitude.

Import Growth of 0.85% CAGR Signals Stable Import Dependency for Iron & steel Structures

India's imports under HSN Sub-Chapter 7308 have grown at 0.85% CAGR, reaching ₹2,853.57 Crore in FY 2024-25.

HSN Sub-Chapter 7308 Contributes 18.04% of Chapter 73 Exports — Ranked #1

Among the 26 subchapters under Chapter 73, HSN Sub-Chapter 7308 ranks #1 by export value — accounting for 18.04% of the chapter's total exports in FY 2024-25. On the import side, it holds 6.41% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 7308 and GST compliance.

What products are classified under HSN 7308

It includes Iron & steel Structures

Any import/export nuance for Iron & steel Structures?

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 are warranty replacements of Iron & steel Structures 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.

How do I bill a kit or combo that includes Iron & steel Structures?

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.

Does packaging or branding change how GST applies to Iron & steel Structures?

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

Can I claim ITC on inputs and services used for Iron & steel Structures?

If your outward supply of Iron & steel Structures 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.

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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