What products are classified under HSN 7312
It includes Iron or steel cables
HSN Sub Chapter 7312 represents Iron or steel cables under GST classification. This code helps businesses identify Iron or steel cables correctly for billing, taxation, and trade. With HSN Sub Chapter 7312, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Iron or steel cables.
GST Rate for Iron or steel cables under HSN Code 7312. Understand Current Tax Rates, Exemptions, and Legal Classifications to Ensure Accurate Billing and GST Filing.
| Chapter No | HSN Code | HSN Description | New GST Rate | Old GST Rate |
|---|---|---|---|---|
| 73 | 7312 | Stranded wire, ropes, cables, plaited bands, slings and the like, of iron or steel, not electrically insulated | 12% | 12% |
Chapter: 73
Description: Stranded wire, ropes, cables, plaited bands, slings and the like, of iron or steel, not electrically insulated
Following Tariff HSN code falls under Iron or steel cables:
| Tariff HSN | Description |
|---|---|
| Stranded wire, ropes and cables : Wire ropes, black | |
| Stranded wire, ropes and cables : Wire ropes, black | |
| Stranded wire, ropes and cables : Wire ropes, galvanised | |
| Stranded wire, ropes and cables : Wire ropes, galvanised | |
| Stranded wire, ropes and cables : Stranded wire | |
| Stranded wire, ropes and cables : Stranded wire | |
| Stranded wire, ropes and cables : Other | |
| Stranded wire, ropes and cables : Other | |
| Other | |
| Other |
Stranded wire, ropes and cables : Wire ropes, black
Stranded wire, ropes and cables : Wire ropes, black
Stranded wire, ropes and cables : Wire ropes, galvanised
Stranded wire, ropes and cables : Wire ropes, galvanised
Stranded wire, ropes and cables : Stranded wire
Stranded wire, ropes and cables : Stranded wire
Stranded wire, ropes and cables : Other
Stranded wire, ropes and cables : Other
Other
Other
| Order Number | Description |
|---|---|
| Shakti Marine Electric Corporation. (AAR (Authority For Advance Ruling), Gujarat) | |
| Air Control And Chemical Engineering Co. Ltd (AAR (Authority For Advance Ruling), Gujarat) | |
| M/S. Bharat Electronics Limited (AAR (Authority For Advance Ruling), Karnataka) |
Shakti Marine Electric Corporation. (AAR (Authority For Advance Ruling), Gujarat)
Air Control And Chemical Engineering Co. Ltd (AAR (Authority For Advance Ruling), Gujarat)
M/S. Bharat Electronics Limited (AAR (Authority For Advance Ruling), Karnataka)
It includes Iron or steel cables
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.
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.
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 Iron or steel cables 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.
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.
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.