7310 HSN Code: Iron or steel containers under 300L

HSN Sub Chapter 7310 represents Iron or steel containers under 300L under GST classification. This code helps businesses identify Iron or steel containers under 300L correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7310, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Iron or steel containers under 300L.

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New GST Rate for HSN Code 7310

GST Rate for Iron or steel containers under 300L under HSN Code 7310. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

73

HSN Code

7310

HSN Description

Tanks, casks, drums, cans, boxes and similar containers, for any material (other than compressed or liquefied gas), of iron or steel, of a capacity not exceeding 300 l, whether or not lined or heat-insulated, but not fitted with mechanical or thermal equipment

New GST Rate

40 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 7310

Following tariff HSN codes fall under Iron or steel containers under 300L.

Tariff HSN

73101010

Description

Of a capacity of 50 l or more : Tin plate containers

Tariff HSN

73101020

Description

Of a capacity of 50 l or more : Trunks and cases

Tariff HSN

73101090

Description

Of a capacity of 50 l or more : Other

Tariff HSN

73102110

Description

Of a capacity of less than 50 l : Cans which are to be closed by soldering or crimping : Tin plate containers

Tariff HSN

73102190

Description

Of a capacity of less than 50 l : Cans which are to be closed by soldering or crimping : Other

Tariff HSN

73102910

Description

Of a capacity of less than 50 l : Other : Tin plate containers

Tariff HSN

73102920

Description

Of a capacity of less than 50 l : Other : Trunks and cases

Tariff HSN

73102990

Description

Of a capacity of less than 50 l : Other : Other

India’s Trade Performance — HSN Sub-Chapter 7310 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

₹753 Cr

−8.16% vs FY 2023-24

0.0203% of India’s total exports

India’s Imports

FY 2024-25

₹598 Cr

−17.28% vs FY 2023-24

0.0098% of India’s total imports

Trade Balance

FY 2024-25

₹154 Cr

Trade Surplus

Surplus rank #359 of 1233 subchapters

% of Chapter 73

FY 2024-25

0.87%

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

Import side: 1.34% of Chapter 73’s imports

Rank Within Chapter 73

FY 2024-25

#15 of 26

Position by export value among subchapters in Chapter 73

Import-side rank: #12 of 26

At a glance

4.69%

Export CAGR

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

#439

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+25.67%

Peak Growth Year

FY 2021-22 · 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 7310

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 #396

Balance

−222.66

Exports

571.70 ₹ Cr

0.0249% share

— YoY

1.12% of Ch. 73

Imports

794.36 ₹ Cr

0.0221% share

— YoY

2.23% of Ch. 73

FY 2019-20 Exp. Rank #402

Balance

−135.66

Exports

514.25 ₹ Cr

0.0233% share

−10.05% YoY

1.03% of Ch. 73

Imports

649.91 ₹ Cr

0.0194% share

−18.18% YoY

1.97% of Ch. 73

FY 2020-21 Exp. Rank #418

Balance

−69.80

Exports

522.68 ₹ Cr

0.0243% share

+1.64% YoY

1.07% of Ch. 73

Imports

592.48 ₹ Cr

0.0203% share

−8.84% YoY

2.12% of Ch. 73

FY 2021-22 Exp. Rank #419

Balance

−6.80

Exports

656.85 ₹ Cr

0.0209% share

+25.67% YoY

1.00% of Ch. 73

Imports

663.65 ₹ Cr

0.0145% share

+12.01% YoY

1.89% of Ch. 73

FY 2022-23 Exp. Rank #429

Balance

−80.72

Exports

707.64 ₹ Cr

0.0195% share

+7.73% YoY

0.90% of Ch. 73

Imports

788.36 ₹ Cr

0.0137% share

+18.79% YoY

2.05% of Ch. 73

FY 2023-24 Exp. Rank #411

Balance

+96.22

Exports

819.46 ₹ Cr

0.0226% share

+15.80% YoY

1.00% of Ch. 73

Imports

723.24 ₹ Cr

0.0129% share

−8.26% YoY

1.71% of Ch. 73

FY 2024-25 Exp. Rank #439

Balance

+154.35

Exports

752.62 ₹ Cr

0.0203% share

−8.16% YoY

0.87% of Ch. 73

Imports

598.27 ₹ Cr

0.0098% share

−17.28% YoY

1.34% of Ch. 73

CAGR · 7-Year

Exports

4.69% /yr

Imports

−4.62% /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 7310 Export-Import Analysis

Consistent Export Growth: 4.69% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 7310 have grown at a compound annual rate of 4.69% over 7 fiscal years, rising from ₹571.70 Crore in FY 2018-19 to ₹752.62 Crore in FY 2024-25.

HSN Sub-Chapter 7310 Ranked #439 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 7310 ranks #439 out of 1233 subchapters by total export value. Within Chapter 73, it ranks #15 of 26. By trade surplus, it ranks #359 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 7310 Exports

The strongest single-year export movement for HSN Sub-Chapter 7310 was recorded in FY 2021-22, when exports surged by 25.67% over the prior year.

India Maintains a Trade Surplus of ₹154.35 Crore in HSN Sub-Chapter 7310 Goods

In FY 2024-25, India's exports of ₹752.62 Cr exceeded imports of ₹598.27 Cr, resulting in a trade surplus of ₹154.35 Crore — ranking #359 of 1233 by surplus magnitude.

Import Growth of −4.62% CAGR Signals Stable Import Dependency for Iron or steel containers under 300L

India's imports under HSN Sub-Chapter 7310 have grown at −4.62% CAGR, reaching ₹598.27 Crore in FY 2024-25.

HSN Sub-Chapter 7310 Contributes 0.87% of Chapter 73 Exports — Ranked #15

Among the 26 subchapters under Chapter 73, HSN Sub-Chapter 7310 ranks #15 by export value — accounting for 0.87% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.34% share (rank #12).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 7310 and GST compliance.

What products are classified under HSN 7310

It includes Iron or steel containers under 300L

Is the composition scheme suitable if I mainly trade Iron or steel containers under 300L?

The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.

Does packaging or branding change how GST applies to Iron or steel containers under 300L?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Iron or steel containers under 300L 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.

Does MRP, weight or pack size change GST treatment for Iron or steel containers under 300L?

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.

Any special steps when selling Iron or steel containers under 300L through an e‑commerce platform?

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.

Any import/export nuance for Iron or steel containers under 300L?

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.

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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