7326 HSN Code: Other iron/steel articles

HSN Sub Chapter 7326 represents Other iron/steel articles under GST classification. This code helps businesses identify Other iron/steel articles correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7326, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Other iron/steel articles.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

New GST Rate for HSN Code 7326

GST Rate for Other iron/steel articles under HSN Code 7326. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

73

HSN Code

7326

HSN Description

Other articles of iron or steel

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 7326

Following tariff HSN codes fall under Other iron/steel articles.

Tariff HSN

73261100

Description

Forged or stamped, but not further worked : Grinding balls and similar articles for mills

Tariff HSN

73261910

Description

Forged or stamped, but not further worked : Other: For automobiles and earth moving equipments

Tariff HSN

73261990

Description

Forged or stamped, but not further worked : Other: Other

Tariff HSN

73262010

Description

Articles of iron or steel wire : Tyre bead wire rings intended for use in the manufacture of tyres for cycles and cyclerickshaws

Tariff HSN

73262090

Description

Articles of iron or steel wire : Other

Tariff HSN

73269010

Description

Other : Belt lacing of steel

Tariff HSN

73269020

Description

Other : Belt fasteners for machinery belts

Tariff HSN

73269030

Description

Other : Drain covers, plates, and frames for sewages, water or similar system

Tariff HSN

73269040

Description

Other : Enamelled iron ware

Tariff HSN

73269050

Description

Other : Grinding media balls and cylpebs

Tariff HSN

73269060

Description

Other : Manufactures of stainless steel

Tariff HSN

73269070

Description

Other : Articles of clad metal

Tariff HSN

73269080

Description

Other : Parts of ships, floating structure and vessels (excluding hull, propellers and paddle-wheels)

Tariff HSN

73269091

Description

Other : Other : Shanks

Tariff HSN

73269099

Description

Other : Other : Other

India’s Trade Performance — HSN Sub-Chapter 7326 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

₹11,844 Cr

+4.48% vs FY 2023-24

0.3198% of India’s total exports

India’s Imports

FY 2024-25

₹8,858 Cr

+10.07% vs FY 2023-24

0.1453% of India’s total imports

Trade Balance

FY 2024-25

₹2,986 Cr

Trade Surplus

Surplus rank #103 of 1233 subchapters

% of Chapter 73

FY 2024-25

13.75%

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

Import side: 19.90% of Chapter 73’s imports

Rank Within Chapter 73

FY 2024-25

#2 of 26

Position by export value among subchapters in Chapter 73

Import-side rank: #2 of 26

At a glance

6.37%

Export CAGR

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

#47

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+39.34%

Peak Growth Year

FY 2021-22 · strongest single-year move

13.75%

Contribution to Ch. 73

Share of Chapter 73 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 7326

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 #43

Balance

+1,903.06

Exports

8,174.39 ₹ Cr

0.3561% share

— YoY

16.03% of Ch. 73

Imports

6,271.33 ₹ Cr

0.1746% share

— YoY

17.59% of Ch. 73

FY 2019-20 Exp. Rank #51

Balance

+1,518.16

Exports

7,387.93 ₹ Cr

0.3345% share

−9.62% YoY

14.82% of Ch. 73

Imports

5,869.77 ₹ Cr

0.1750% share

−6.40% YoY

17.82% of Ch. 73

FY 2020-21 Exp. Rank #49

Balance

+1,956.13

Exports

7,156.61 ₹ Cr

0.3327% share

−3.13% YoY

14.68% of Ch. 73

Imports

5,200.48 ₹ Cr

0.1785% share

−11.40% YoY

18.61% of Ch. 73

FY 2021-22 Exp. Rank #50

Balance

+4,249.43

Exports

9,971.80 ₹ Cr

0.3177% share

+39.34% YoY

15.12% of Ch. 73

Imports

5,722.37 ₹ Cr

0.1252% share

+10.04% YoY

16.30% of Ch. 73

FY 2022-23 Exp. Rank #56

Balance

+2,868.37

Exports

10,056.17 ₹ Cr

0.2777% share

+0.85% YoY

12.76% of Ch. 73

Imports

7,187.80 ₹ Cr

0.1250% share

+25.61% YoY

18.68% of Ch. 73

FY 2023-24 Exp. Rank #50

Balance

+3,287.87

Exports

11,335.51 ₹ Cr

0.3133% share

+12.72% YoY

13.78% of Ch. 73

Imports

8,047.64 ₹ Cr

0.1433% share

+11.96% YoY

19.01% of Ch. 73

FY 2024-25 Exp. Rank #47

Balance

+2,985.85

Exports

11,843.51 ₹ Cr

0.3198% share

+4.48% YoY

13.75% of Ch. 73

Imports

8,857.66 ₹ Cr

0.1453% share

+10.07% YoY

19.90% of Ch. 73

CAGR · 7-Year

Exports

6.37% /yr

Imports

5.92% /yr

Consistently Surplus
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 7326 Export-Import Analysis

Consistent Export Growth: 6.37% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 7326 have grown at a compound annual rate of 6.37% over 7 fiscal years, rising from ₹8,174.39 Crore in FY 2018-19 to ₹11,843.51 Crore in FY 2024-25.

HSN Sub-Chapter 7326 Ranked #47 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 7326 ranks #47 out of 1233 subchapters by total export value. Within Chapter 73, it ranks #2 of 26. By trade surplus, it ranks #103 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 7326 Exports

The strongest single-year export movement for HSN Sub-Chapter 7326 was recorded in FY 2021-22, when exports surged by 39.34% over the prior year.

India Maintains a Trade Surplus of ₹2,985.85 Crore in HSN Sub-Chapter 7326 Goods

In FY 2024-25, India's exports of ₹11,843.51 Cr exceeded imports of ₹8,857.66 Cr, resulting in a trade surplus of ₹2,985.85 Crore — ranking #103 of 1233 by surplus magnitude.

Import Growth of 5.92% CAGR Signals Stable Import Dependency for Other iron/steel articles

India's imports under HSN Sub-Chapter 7326 have grown at 5.92% CAGR, reaching ₹8,857.66 Crore in FY 2024-25.

HSN Sub-Chapter 7326 Contributes 13.75% of Chapter 73 Exports — Ranked #2

Among the 26 subchapters under Chapter 73, HSN Sub-Chapter 7326 ranks #2 by export value — accounting for 13.75% of the chapter's total exports in FY 2024-25. On the import side, it holds 19.90% share (rank #2).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 7326 and GST compliance.

What products are classified under HSN 7326

It includes Other iron/steel articles

Any import/export nuance for Other iron/steel articles?

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.

How should I document Other iron/steel articles sent for job work?

Use a delivery challan for sending Other iron/steel articles 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.

Can reverse charge ever apply to transactions involving Other iron/steel articles?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Other iron/steel articles are forward charge. Check the current notifications for any special cases before deciding.

Any special steps when selling Other iron/steel articles through an e‑commerce platform?

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.

What are the e‑way bill and e‑invoice points while moving Other iron/steel articles?

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.

Does packaging or branding change how GST applies to Other iron/steel articles?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Other iron/steel articles 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.

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.

Explore More HSN Codes from Chapter 73