Consistent Export Growth: 10.97% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 7311 have grown at a compound annual rate of 10.97% over 7 fiscal years, rising from ₹689.02 Crore in FY 2018-19 to ₹1,286.90 Crore in FY 2024-25.
HSN Sub Chapter 7311 represents Gas Containers under GST classification. This code helps businesses identify Gas Containers correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7311, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Gas Containers.
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GST Rate for Gas Containers under HSN Code 7311. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Gas Containers.
Tariff HSN
Description
Containers for compressed or liquefied gas, of iron or steel : Liquefied petroleum gas (LPG) cylinder
Tariff HSN
Description
Containers for compressed or liquefied gas, of iron or steel : Low pressure cylinder (working pressure up to 35.2 kg/sq.cm other than LPG)
Tariff HSN
Description
Containers for compressed or liquefied gas, of iron or steel : High pressure cylinder (working pressure High pressure cylinder (working pressure
Tariff HSN
Description
Containers for compressed or liquefied gas, of iron or steel : Other
India’s Exports
FY 2024-25₹1,287 Cr
0.0347% of India’s total exports
India’s Imports
FY 2024-25₹521 Cr
0.0085% of India’s total imports
Trade Balance
FY 2024-25₹766 Cr
Surplus rank #211 of 1233 subchapters
% of Chapter 73
FY 2024-251.49%
Share of Chapter 73’s total exports in FY 2024-25
Import side: 1.17% of Chapter 73’s imports
Rank Within Chapter 73
FY 2024-25#12 of 26
Position by export value among subchapters in Chapter 73
Import-side rank: #14 of 26
At a glance
10.97%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#344
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+71.70%
Peak Growth Year
FY 2021-22 · strongest single-year move
1.49%
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
+553.04
Exports
689.02 ₹ Cr
0.0300% share
— YoY
1.35% of Ch. 73
Imports
135.98 ₹ Cr
0.0038% share
— YoY
0.38% of Ch. 73
Balance
+409.96
Exports
584.13 ₹ Cr
0.0264% share
−15.22% YoY
1.17% of Ch. 73
Imports
174.17 ₹ Cr
0.0052% share
+28.09% YoY
0.53% of Ch. 73
Balance
+231.29
Exports
550.09 ₹ Cr
0.0256% share
−5.83% YoY
1.13% of Ch. 73
Imports
318.80 ₹ Cr
0.0109% share
+83.04% YoY
1.14% of Ch. 73
Balance
+48.88
Exports
944.53 ₹ Cr
0.0301% share
+71.70% YoY
1.43% of Ch. 73
Imports
895.65 ₹ Cr
0.0196% share
+180.94% YoY
2.55% of Ch. 73
Balance
+800.17
Exports
1,225.05 ₹ Cr
0.0338% share
+29.70% YoY
1.55% of Ch. 73
Imports
424.88 ₹ Cr
0.0074% share
−52.56% YoY
1.10% of Ch. 73
Balance
+959.10
Exports
1,345.42 ₹ Cr
0.0372% share
+9.83% YoY
1.64% of Ch. 73
Imports
386.32 ₹ Cr
0.0069% share
−9.08% YoY
0.91% of Ch. 73
Balance
+766.30
Exports
1,286.90 ₹ Cr
0.0347% share
−4.35% YoY
1.49% of Ch. 73
Imports
520.60 ₹ Cr
0.0085% share
+34.76% YoY
1.17% of Ch. 73
CAGR · 7-Year
Exports
10.97% /yr
Imports
25.08% /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 7311 have grown at a compound annual rate of 10.97% over 7 fiscal years, rising from ₹689.02 Crore in FY 2018-19 to ₹1,286.90 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 7311 ranks #344 out of 1233 subchapters by total export value. Within Chapter 73, it ranks #12 of 26. By trade surplus, it ranks #211 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 7311 was recorded in FY 2021-22, when exports surged by 71.70% over the prior year.
In FY 2024-25, India's exports of ₹1,286.90 Cr exceeded imports of ₹520.60 Cr, resulting in a trade surplus of ₹766.30 Crore — ranking #211 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 7311 have grown at 25.08% CAGR, reaching ₹520.60 Crore in FY 2024-25.
Among the 26 subchapters under Chapter 73, HSN Sub-Chapter 7311 ranks #12 by export value — accounting for 1.49% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.17% share (rank #14).
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 7311 and GST compliance.
It includes Gas Containers
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.
If your outward supply of Gas Containers 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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Gas Containers 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.
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.
Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.