7314 HSN Code: Iron or steel cloth & netting

HSN Sub Chapter 7314 represents Iron or steel cloth & netting under GST classification. This code helps businesses identify Iron or steel cloth & netting correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7314, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Iron or steel cloth & netting.

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New GST Rate for HSN Code 7314

GST Rate for Iron or steel cloth & netting under HSN Code 7314. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

73

HSN Code

7314

HSN Description

Cloth (including endless bands), grill, netting and fencing, of iron or steel wire; expanded metal of iron or steel

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 7314

Following tariff HSN codes fall under Iron or steel cloth & netting.

Tariff HSN

73141200

Description

Woven cloth : Endless bands for machinery, of stainless steel

Tariff HSN

73141300

Description

Cloth (including endless bands), grill, netting and fencing, of iron or steel wire; expanded metal of iron or steel - woven cloth : other endless bands for machinery

Tariff HSN

73141410

Description

Woven cloth : Other woven cloth, of stainless steel : Wire gauze (wire cloth, wire mesh)

Tariff HSN

73141490

Description

Woven cloth : Other woven cloth, of stainless steel : Other

Tariff HSN

73141910

Description

Woven cloth : Other : Wire gauze (wire cloth, wire mesh)

Tariff HSN

73141990

Description

Woven cloth : Other : Other

Tariff HSN

73142010

Description

Grill, netting and fencing, welded at the intersection, of wire with a maximum cross-sectional dimension of 3 mm or more and having a mesh size of 100 cm2 or more : Wire netting

Tariff HSN

73142090

Description

Grill, netting and fencing, welded at the intersection, of wire with a maximum cross-sectional dimension of 3 mm or more and having a mesh size of 100 cm2 or more : Other

Tariff HSN

73143100

Description

Other grill, netting and fencing, welded at the intersection : Plated or coated with zinc

Tariff HSN

73143900

Description

Other grill, netting and fencing, welded at the intersection : Other

Tariff HSN

73144110

Description

Other cloth, grill, netting and fencing : Plated or coated with zinc : Wire netting

Tariff HSN

73144190

Description

Other cloth, grill, netting and fencing : Plated or coated with zinc : Other

Tariff HSN

73144210

Description

Other cloth, grill, netting and fencing : Coated with plastics : Wire netting

Tariff HSN

73144290

Description

Other cloth, grill, netting and fencing : Coated with plastics : Other

Tariff HSN

73144910

Description

Other cloth, grill, netting and fencing : Other : Wire netting

Tariff HSN

73144990

Description

Other cloth, grill, netting and fencing : Other : Other

Tariff HSN

73145000

Description

Expanded metal

India’s Trade Performance — HSN Sub-Chapter 7314 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

₹277 Cr

−4.94% vs FY 2023-24

0.0075% of India’s total exports

India’s Imports

FY 2024-25

₹434 Cr

+18.34% vs FY 2023-24

0.0071% of India’s total imports

Trade Balance

FY 2024-25

−₹157 Cr

Trade Deficit

Surplus rank #754 of 1233 subchapters

% of Chapter 73

FY 2024-25

0.32%

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

Import side: 0.98% of Chapter 73’s imports

Rank Within Chapter 73

FY 2024-25

#19 of 26

Position by export value among subchapters in Chapter 73

Import-side rank: #16 of 26

At a glance

14.08%

Export CAGR

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

#635

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+32.79%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.32%

Contribution to Ch. 73

Share of Chapter 73 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 7314

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 #682

Balance

−222.51

Exports

125.75 ₹ Cr

0.0055% share

— YoY

0.25% of Ch. 73

Imports

348.26 ₹ Cr

0.0097% share

— YoY

0.98% of Ch. 73

FY 2019-20 Exp. Rank #637

Balance

−167.25

Exports

160.89 ₹ Cr

0.0073% share

+27.94% YoY

0.32% of Ch. 73

Imports

328.14 ₹ Cr

0.0098% share

−5.78% YoY

1.00% of Ch. 73

FY 2020-21 Exp. Rank #607

Balance

−146.73

Exports

191.67 ₹ Cr

0.0089% share

+19.13% YoY

0.39% of Ch. 73

Imports

338.40 ₹ Cr

0.0116% share

+3.13% YoY

1.21% of Ch. 73

FY 2021-22 Exp. Rank #626

Balance

−64.07

Exports

242.90 ₹ Cr

0.0077% share

+26.73% YoY

0.37% of Ch. 73

Imports

306.97 ₹ Cr

0.0067% share

−9.29% YoY

0.87% of Ch. 73

FY 2022-23 Exp. Rank #669

Balance

−152.01

Exports

219.64 ₹ Cr

0.0061% share

−9.58% YoY

0.28% of Ch. 73

Imports

371.65 ₹ Cr

0.0065% share

+21.07% YoY

0.97% of Ch. 73

FY 2023-24 Exp. Rank #622

Balance

−75.51

Exports

291.65 ₹ Cr

0.0081% share

+32.79% YoY

0.35% of Ch. 73

Imports

367.16 ₹ Cr

0.0065% share

−1.21% YoY

0.87% of Ch. 73

FY 2024-25 Exp. Rank #635

Balance

−157.25

Exports

277.24 ₹ Cr

0.0075% share

−4.94% YoY

0.32% of Ch. 73

Imports

434.49 ₹ Cr

0.0071% share

+18.34% YoY

0.98% of Ch. 73

CAGR · 7-Year

Exports

14.08% /yr

Imports

3.76% /yr

Consistently Deficit
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 7314 Export-Import Analysis

Consistent Export Growth: 14.08% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 7314 have grown at a compound annual rate of 14.08% over 7 fiscal years, rising from ₹125.75 Crore in FY 2018-19 to ₹277.24 Crore in FY 2024-25.

HSN Sub-Chapter 7314 Ranked #635 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 7314 ranks #635 out of 1233 subchapters by total export value. Within Chapter 73, it ranks #19 of 26. By trade surplus, it ranks #754 of 1233.

FY 2023-24 Was the Strongest Growth Year for HSN Sub-Chapter 7314 Exports

The strongest single-year export movement for HSN Sub-Chapter 7314 was recorded in FY 2023-24, when exports surged by 32.79% over the prior year.

India Records a Trade Deficit of ₹157.25 Crore in HSN Sub-Chapter 7314 Goods

In FY 2024-25, India's imports of ₹434.49 Cr exceeded exports of ₹277.24 Cr, resulting in a trade deficit of ₹157.25 Crore — ranking #754 of 1233 by surplus magnitude.

Import Growth of 3.76% CAGR Signals Stable Import Dependency for Iron or steel cloth & netting

India's imports under HSN Sub-Chapter 7314 have grown at 3.76% CAGR, reaching ₹434.49 Crore in FY 2024-25.

HSN Sub-Chapter 7314 Contributes 0.32% of Chapter 73 Exports — Ranked #19

Among the 26 subchapters under Chapter 73, HSN Sub-Chapter 7314 ranks #19 by export value — accounting for 0.32% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.98% share (rank #16).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 7314 and GST compliance.

What products are classified under HSN 7314

It includes Iron or steel cloth & netting

Can I claim ITC on inputs and services used for Iron or steel cloth & netting?

If your outward supply of Iron or steel cloth & netting 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.

What should my invoice and records include for Iron or steel cloth & netting?

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.

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

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 or steel cloth & netting?

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

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.

Is the composition scheme suitable if I mainly trade Iron or steel cloth & netting?

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.

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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