8301 HSN Code: Padlocks, clasps, base metal keys

HSN Sub Chapter 8301 represents Padlocks, clasps, base metal keys under GST classification. This code helps businesses identify Padlocks, clasps, base metal keys correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8301, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Padlocks, clasps, base metal keys.

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 8301

GST Rate for Padlocks, clasps, base metal keys under HSN Code 8301. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

83

HSN Code

HSN Description

Padlocks and locks (key, combination or electrically operated), of base metal; clasps and frames with clasps, incorporating locks, of base metal; keys for any of the foregoing articles, of base metal

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 8301

Following tariff HSN codes fall under Padlocks, clasps, base metal keys.

Tariff HSN

Description

Padlocks

Tariff HSN

Description

Locks of a kind used for motor vehicles

Tariff HSN

Description

Locks of a kind used for furniture

Tariff HSN

Description

Other locks : Combination locks

Tariff HSN

Description

Other locks : Other

Tariff HSN

Description

Clasps and frames with clasps, incorporating locks

Tariff HSN

Description

Parts

Tariff HSN

Description

Keys presented separately

India’s Trade Performance — HSN Sub-Chapter 8301 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

₹1,025 Cr

+9.45% vs FY 2023-24

0.0277% of India’s total exports

India’s Imports

FY 2024-25

₹1,673 Cr

+8.04% vs FY 2023-24

0.0274% of India’s total imports

Trade Balance

FY 2024-25

−₹648 Cr

Trade Deficit

Surplus rank #902 of 1233 subchapters

% of Chapter 83

FY 2024-25

12.47%

Share of Chapter 83’s total exports in FY 2024-25

Import side: 15.72% of Chapter 83’s imports

Rank Within Chapter 83

FY 2024-25

#3 of 11

Position by export value among subchapters in Chapter 83

Import-side rank: #2 of 11

At a glance

6.53%

Export CAGR

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

#384

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+22.26%

Peak Growth Year

FY 2021-22 · strongest single-year move

12.47%

Contribution to Ch. 83

Share of Chapter 83 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 8301

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 #362

Balance

−532.38

Exports

701.37 ₹ Cr

0.0306% share

YoY

15.75% of Ch. 83

Imports

1,233.75 ₹ Cr

0.0344% share

YoY

17.85% of Ch. 83

FY 2019-20 Exp. Rank #342

Balance

−306.04

Exports

752.42 ₹ Cr

0.0341% share

+7.28% YoY

16.25% of Ch. 83

Imports

1,058.46 ₹ Cr

0.0316% share

−14.21% YoY

15.97% of Ch. 83

FY 2020-21 Exp. Rank #355

Balance

−72.55

Exports

756.03 ₹ Cr

0.0352% share

+0.48% YoY

14.97% of Ch. 83

Imports

828.58 ₹ Cr

0.0284% share

−21.72% YoY

15.13% of Ch. 83

FY 2021-22 Exp. Rank #375

Balance

−206.73

Exports

924.35 ₹ Cr

0.0295% share

+22.26% YoY

13.50% of Ch. 83

Imports

1,131.08 ₹ Cr

0.0247% share

+36.51% YoY

13.37% of Ch. 83

FY 2022-23 Exp. Rank #389

Balance

−497.49

Exports

936.71 ₹ Cr

0.0259% share

+1.34% YoY

13.56% of Ch. 83

Imports

1,434.20 ₹ Cr

0.0249% share

+26.80% YoY

14.53% of Ch. 83

FY 2023-24 Exp. Rank #391

Balance

−612.31

Exports

936.52 ₹ Cr

0.0259% share

−0.02% YoY

12.83% of Ch. 83

Imports

1,548.83 ₹ Cr

0.0276% share

+7.99% YoY

15.51% of Ch. 83

FY 2024-25 Exp. Rank #384

Balance

−648.40

Exports

1,025.03 ₹ Cr

0.0277% share

+9.45% YoY

12.47% of Ch. 83

Imports

1,673.43 ₹ Cr

0.0274% share

+8.04% YoY

15.72% of Ch. 83

CAGR · 7-Year

Exports

6.53% /yr

Imports

5.21% /yr

Consistently Deficit
Chapter 83 total

reference, FY 2024-25

Export

₹8,222.98 Cr

Import

₹10,642.18 Cr

Trade Balance

−2,419.20

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Sub-Chapter 8301 Export-Import Analysis

Consistent Export Growth: 6.53% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 8301 have grown at a compound annual rate of 6.53% over 7 fiscal years, rising from ₹701.37 Crore in FY 2018-19 to ₹1,025.03 Crore in FY 2024-25.

HSN Sub-Chapter 8301 Ranked #384 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 8301 ranks #384 out of 1233 subchapters by total export value. Within Chapter 83, it ranks #3 of 11. By trade surplus, it ranks #902 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 8301 Exports

The strongest single-year export movement for HSN Sub-Chapter 8301 was recorded in FY 2021-22, when exports surged by 22.26% over the prior year.

India Records a Trade Deficit of ₹648.40 Crore in HSN Sub-Chapter 8301 Goods

In FY 2024-25, India's imports of ₹1,673.43 Cr exceeded exports of ₹1,025.03 Cr, resulting in a trade deficit of ₹648.40 Crore — ranking #902 of 1233 by surplus magnitude.

Import Growth of 5.21% CAGR Signals Stable Import Dependency for Padlocks, clasps, base metal keys

India's imports under HSN Sub-Chapter 8301 have grown at 5.21% CAGR, reaching ₹1,673.43 Crore in FY 2024-25.

HSN Sub-Chapter 8301 Contributes 12.47% of Chapter 83 Exports — Ranked #3

Among the 11 subchapters under Chapter 83, HSN Sub-Chapter 8301 ranks #3 by export value — accounting for 12.47% of the chapter's total exports in FY 2024-25. On the import side, it holds 15.72% 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 8301 and GST compliance.

What products are classified under HSN 8301

It includes Padlocks, clasps, base metal keys

Can reverse charge ever apply to transactions involving Padlocks, clasps, base metal keys?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Padlocks, clasps, base metal keys are forward charge. Check the current notifications for any special cases before deciding.

Does packaging or branding change how GST applies to Padlocks, clasps, base metal keys?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Padlocks, clasps, base metal keys 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.

What are the e‑way bill and e‑invoice points while moving Padlocks, clasps, base metal keys?

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.

Is the composition scheme suitable if I mainly trade Padlocks, clasps, base metal keys?

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.

How should I document Padlocks, clasps, base metal keys sent for job work?

Use a delivery challan for sending Padlocks, clasps, base metal keys 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.

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.