Consistent Export Growth: 15.65% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 7317 have grown at a compound annual rate of 15.65% over 7 fiscal years, rising from ₹359.59 Crore in FY 2018-19 to ₹860.27 Crore in FY 2024-25.
HSN Sub Chapter 7317 represents Nails & Pins under GST classification. This code helps businesses identify Nails & Pins correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7317, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Nails & Pins.
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GST Rate for Nails & Pins under HSN Code 7317. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Chapter No
73HSN Code
HSN Description
Nails, tacks, drawing pins, corrugated nails, staples (other than those of heading 8305) and similar articles, of iron or steel, whether or not with heads of other material, but excluding such articles with heads of copper
New GST Rate
Old GST Rate
Following tariff HSN codes fall under Nails & Pins.
Tariff HSN
Description
Nails, tacks, drawing pins, corrugated nails, staples (other than those of heading 8305) and similar articles, of iron or steel, whether or not with heads of other material, but excluding such articles with heads of copper : Nails : For animal shoes
Tariff HSN
Description
Nails, tacks, drawing pins, corrugated nails, staples (other than those of heading 8305) and similar articles, of iron or steel, whether or not with heads of other material, but excluding such articles with heads of copper : Nails : For fixing heel strips and toe plates
Tariff HSN
Description
Nails, tacks, drawing pins, corrugated nails, staples (other than those of heading 8305) and similar articles, of iron or steel, whether or not with heads of other material, but excluding such articles with heads of copper : Nails : Wire nails
Tariff HSN
Description
Nails, tacks, drawing pins, corrugated nails, staples (other than those of heading 8305) and similar articles, of iron or steel, whether or not with heads of other material, but excluding such articles with heads of copper : Nails : Other
Tariff HSN
Description
Nails, tacks, drawing pins, corrugated nails, staples (other than those of heading 8305) and similar articles, of iron or steel, whether or not with heads of other material, but excluding such articles with heads of copper : Spikes : Dog spikes
Tariff HSN
Description
Nails, tacks, drawing pins, corrugated nails, staples (other than those of heading 8305) and similar articles, of iron or steel, whether or not with heads of other material, but excluding such articles with heads of copper : Spikes : Other
Tariff HSN
Description
Nails, tacks, drawing pins, corrugated nails, staples (other than those of heading 8305) and similar articles, of iron or steel, whether or not with heads of other material, but excluding such articles with heads of copper : Tacks
Tariff HSN
Description
Nails, tacks, drawing pins, corrugated nails, staples (other than those of heading 8305) and similar articles, of iron or steel, whether or not with heads of other material, but excluding such articles with heads of copper : Other : Staples other than in strips, and drawing pins
Tariff HSN
Description
Nails, tacks, drawing pins, corrugated nails, staples (other than those of heading 8305) and similar articles, of iron or steel, whether or not with heads of other material, but excluding such articles with heads of copper : Other : Other
India’s Exports
FY 2024-25₹860 Cr
0.0232% of India’s total exports
India’s Imports
FY 2024-25₹234 Cr
0.0038% of India’s total imports
Trade Balance
FY 2024-25₹626 Cr
Surplus rank #238 of 1233 subchapters
% of Chapter 73
FY 2024-251.00%
Share of Chapter 73’s total exports in FY 2024-25
Import side: 0.53% of Chapter 73’s imports
Rank Within Chapter 73
FY 2024-25#14 of 26
Position by export value among subchapters in Chapter 73
Import-side rank: #19 of 26
At a glance
15.65%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#413
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+112.74%
Peak Growth Year
FY 2021-22 · strongest single-year move
1.00%
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
+242.99
Exports
359.59 ₹ Cr
0.0157% share
— YoY
0.71% of Ch. 73
Imports
116.60 ₹ Cr
0.0032% share
— YoY
0.33% of Ch. 73
Balance
+193.95
Exports
303.48 ₹ Cr
0.0137% share
−15.60% YoY
0.61% of Ch. 73
Imports
109.53 ₹ Cr
0.0033% share
−6.06% YoY
0.33% of Ch. 73
Balance
+148.37
Exports
278.44 ₹ Cr
0.0129% share
−8.25% YoY
0.57% of Ch. 73
Imports
130.07 ₹ Cr
0.0045% share
+18.75% YoY
0.47% of Ch. 73
Balance
+434.37
Exports
592.36 ₹ Cr
0.0189% share
+112.74% YoY
0.90% of Ch. 73
Imports
157.99 ₹ Cr
0.0035% share
+21.47% YoY
0.45% of Ch. 73
Balance
+540.22
Exports
724.82 ₹ Cr
0.0200% share
+22.36% YoY
0.92% of Ch. 73
Imports
184.60 ₹ Cr
0.0032% share
+16.84% YoY
0.48% of Ch. 73
Balance
+598.93
Exports
789.60 ₹ Cr
0.0218% share
+8.94% YoY
0.96% of Ch. 73
Imports
190.67 ₹ Cr
0.0034% share
+3.29% YoY
0.45% of Ch. 73
Balance
+626.26
Exports
860.27 ₹ Cr
0.0232% share
+8.95% YoY
1.00% of Ch. 73
Imports
234.01 ₹ Cr
0.0038% share
+22.73% YoY
0.53% of Ch. 73
CAGR · 7-Year
Exports
15.65% /yr
Imports
12.31% /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 7317 have grown at a compound annual rate of 15.65% over 7 fiscal years, rising from ₹359.59 Crore in FY 2018-19 to ₹860.27 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 7317 ranks #413 out of 1233 subchapters by total export value. Within Chapter 73, it ranks #14 of 26. By trade surplus, it ranks #238 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 7317 was recorded in FY 2021-22, when exports surged by 112.74% over the prior year.
In FY 2024-25, India's exports of ₹860.27 Cr exceeded imports of ₹234.01 Cr, resulting in a trade surplus of ₹626.26 Crore — ranking #238 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 7317 have grown at 12.31% CAGR, reaching ₹234.01 Crore in FY 2024-25.
Among the 26 subchapters under Chapter 73, HSN Sub-Chapter 7317 ranks #14 by export value — accounting for 1.00% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.53% share (rank #19).
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 7317 and GST compliance.
It includes Nails & Pins
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Nails & Pins 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.
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.
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.
Use a delivery challan for sending Nails & Pins to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.
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.