7324 HSN Code: Steel Sanitary Ware

HSN Sub Chapter 7324 represents Steel Sanitary Ware under GST classification. This code helps businesses identify Steel Sanitary Ware correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7324, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Steel Sanitary Ware.

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New GST Rate for HSN Code 7324

GST Rate for Steel Sanitary Ware under HSN Code 7324. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

73

HSN Code

7324

HSN Description

Sanitary ware and parts thereof, of iron or steel

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 7324

Following tariff HSN codes fall under Steel Sanitary Ware.

Tariff HSN

73241000

Description

Sinks and wash basins, of stainless steel

Tariff HSN

73242100

Description

Baths : Of cast iron, whether or not enamelled

Tariff HSN

73242900

Description

Baths : Other

Tariff HSN

73249000

Description

Baths : Of cast iron, whether or not enamelled

India’s Trade Performance — HSN Sub-Chapter 7324 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

₹128 Cr

+29.37% vs FY 2023-24

0.0035% of India’s total exports

India’s Imports

FY 2024-25

₹513 Cr

+11.08% vs FY 2023-24

0.0084% of India’s total imports

Trade Balance

FY 2024-25

−₹384 Cr

Trade Deficit

Surplus rank #841 of 1233 subchapters

% of Chapter 73

FY 2024-25

0.15%

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

Import side: 1.15% of Chapter 73’s imports

Rank Within Chapter 73

FY 2024-25

#22 of 26

Position by export value among subchapters in Chapter 73

Import-side rank: #15 of 26

At a glance

12.01%

Export CAGR

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

#790

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+29.37%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.15%

Contribution to Ch. 73

Share of Chapter 73 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 7324

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 #794

Balance

−214.28

Exports

64.88 ₹ Cr

0.0028% share

— YoY

0.13% of Ch. 73

Imports

279.16 ₹ Cr

0.0078% share

— YoY

0.78% of Ch. 73

FY 2019-20 Exp. Rank #795

Balance

−181.84

Exports

69.25 ₹ Cr

0.0031% share

+6.74% YoY

0.14% of Ch. 73

Imports

251.09 ₹ Cr

0.0075% share

−10.06% YoY

0.76% of Ch. 73

FY 2020-21 Exp. Rank #757

Balance

−159.70

Exports

81.18 ₹ Cr

0.0038% share

+17.23% YoY

0.17% of Ch. 73

Imports

240.88 ₹ Cr

0.0083% share

−4.07% YoY

0.86% of Ch. 73

FY 2021-22 Exp. Rank #777

Balance

−229.29

Exports

102.21 ₹ Cr

0.0033% share

+25.91% YoY

0.16% of Ch. 73

Imports

331.50 ₹ Cr

0.0073% share

+37.62% YoY

0.94% of Ch. 73

FY 2022-23 Exp. Rank #788

Balance

−292.50

Exports

113.77 ₹ Cr

0.0031% share

+11.31% YoY

0.14% of Ch. 73

Imports

406.27 ₹ Cr

0.0071% share

+22.56% YoY

1.06% of Ch. 73

FY 2023-24 Exp. Rank #803

Balance

−362.34

Exports

99.05 ₹ Cr

0.0027% share

−12.94% YoY

0.12% of Ch. 73

Imports

461.39 ₹ Cr

0.0082% share

+13.57% YoY

1.09% of Ch. 73

FY 2024-25 Exp. Rank #790

Balance

−384.39

Exports

128.14 ₹ Cr

0.0035% share

+29.37% YoY

0.15% of Ch. 73

Imports

512.53 ₹ Cr

0.0084% share

+11.08% YoY

1.15% of Ch. 73

CAGR · 7-Year

Exports

12.01% /yr

Imports

10.66% /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 7324 Export-Import Analysis

Consistent Export Growth: 12.01% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 7324 have grown at a compound annual rate of 12.01% over 7 fiscal years, rising from ₹64.88 Crore in FY 2018-19 to ₹128.14 Crore in FY 2024-25.

HSN Sub-Chapter 7324 Ranked #790 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 7324 ranks #790 out of 1233 subchapters by total export value. Within Chapter 73, it ranks #22 of 26. By trade surplus, it ranks #841 of 1233.

FY 2024-25 Was the Strongest Growth Year for HSN Sub-Chapter 7324 Exports

The strongest single-year export movement for HSN Sub-Chapter 7324 was recorded in FY 2024-25, when exports surged by 29.37% over the prior year.

India Records a Trade Deficit of ₹384.39 Crore in HSN Sub-Chapter 7324 Goods

In FY 2024-25, India's imports of ₹512.53 Cr exceeded exports of ₹128.14 Cr, resulting in a trade deficit of ₹384.39 Crore — ranking #841 of 1233 by surplus magnitude.

Import Growth of 10.66% CAGR Signals Rising Demand for Steel Sanitary Ware

India's imports under HSN Sub-Chapter 7324 have grown at 10.66% CAGR, reaching ₹512.53 Crore in FY 2024-25.

HSN Sub-Chapter 7324 Contributes 0.15% of Chapter 73 Exports — Ranked #22

Among the 26 subchapters under Chapter 73, HSN Sub-Chapter 7324 ranks #22 by export value — accounting for 0.15% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.15% share (rank #15).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 7324 and GST compliance.

What products are classified under HSN 7324

It includes Steel Sanitary Ware

Do spares or accessories of Steel Sanitary Ware follow the same HSN?

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.

How do I bill a kit or combo that includes Steel Sanitary Ware?

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.

What are the e‑way bill and e‑invoice points while moving Steel Sanitary Ware?

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.

If I repair and return Steel Sanitary Ware, how should I charge GST?

Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.

What misclassification mistakes happen with Steel Sanitary Ware?

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.

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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