What products are classified under HSN 7320
It includes Springs & leaves of iron or steel
HSN Sub Chapter 7320 represents Springs & leaves of iron or steel under GST classification. This code helps businesses identify Springs & leaves of iron or steel correctly for billing, taxation, and trade. With HSN Sub Chapter 7320, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Springs & leaves of iron or steel.
GST Rate for Springs & leaves of iron or steel under HSN Code 7320. 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 | 7320 | Springs and leaves for springs, of iron or steel | 18% | 18% |
Chapter: 73
Description: Springs and leaves for springs, of iron or steel
Following Tariff HSN code falls under Springs & leaves of iron or steel:
| Tariff HSN | Description |
|---|---|
| Leaf-springs and leaves therefor : Leaf-springs : For motor vehicles | |
| Leaf-springs and leaves therefor : Leaf-springs : For motor vehicles | |
| Leaf-springs and leaves therefor : Leaf-springs : For railways and tramways | |
| Leaf-springs and leaves therefor : Leaf-springs : For railways and tramways | |
| Leaf-springs and leaves therefor : Leaf-springs : Other | |
| Leaf-springs and leaves therefor : Leaf-springs : Other | |
| Leaf-springs and leaves therefor : Leaves for springs | |
| Leaf-springs and leaves therefor : Leaves for springs | |
| Helical springs | |
| Helical springs | |
| Other : Coil spring for railways, tramways | |
| Other : Coil spring for railways, tramways | |
| Other : Spring pins | |
| Other : Spring pins | |
| Other : Other | |
| Other : Other |
Leaf-springs and leaves therefor : Leaf-springs : For motor vehicles
Leaf-springs and leaves therefor : Leaf-springs : For motor vehicles
Leaf-springs and leaves therefor : Leaf-springs : For railways and tramways
Leaf-springs and leaves therefor : Leaf-springs : For railways and tramways
Leaf-springs and leaves therefor : Leaf-springs : Other
Leaf-springs and leaves therefor : Leaf-springs : Other
Leaf-springs and leaves therefor : Leaves for springs
Leaf-springs and leaves therefor : Leaves for springs
Helical springs
Helical springs
Other : Coil spring for railways, tramways
Other : Coil spring for railways, tramways
Other : Spring pins
Other : Spring pins
Other : Other
Other : Other
| Order Number | Description |
|---|---|
| Kay Pee Equipments Pvt. Ltd. (AAR (Authority For Advance Ruling), West Bengal) | |
| Trailer Springs (Trailor Springs) (AAR (Authority For Advance Ruling), Andhra Pradesh) | |
| Si Air Springs Private Limited (AAR (Authority For Advance Ruling), Tamil Nadu) | |
| Ultra Tech Suspension Private Limited (AAR (Authority For Advance Ruling), Uttarakhand) | |
| Borgwarner Morse Systems India Private Limited (AAR (Authority For Advance Ruling), Tamil Nadu) | |
| Si Air Springs Private Limited (AAAR (Appellate Authority For Advance Ruling), Tamil Nadu) | |
| M/S Avantika Industries (AAR (Authority For Advance Ruling), West Bengal) |
Kay Pee Equipments Pvt. Ltd. (AAR (Authority For Advance Ruling), West Bengal)
Trailer Springs (Trailor Springs) (AAR (Authority For Advance Ruling), Andhra Pradesh)
Si Air Springs Private Limited (AAR (Authority For Advance Ruling), Tamil Nadu)
Ultra Tech Suspension Private Limited (AAR (Authority For Advance Ruling), Uttarakhand)
Borgwarner Morse Systems India Private Limited (AAR (Authority For Advance Ruling), Tamil Nadu)
Si Air Springs Private Limited (AAAR (Appellate Authority For Advance Ruling), Tamil Nadu)
M/S Avantika Industries (AAR (Authority For Advance Ruling), West Bengal)
It includes Springs & leaves of iron or steel
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.
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.
If your outward supply of Springs & leaves of iron or steel 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.
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 Springs & leaves of iron or steel 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.
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.
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.