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HSN Code 7312 refers to "Stranded wire, ropes, cables, plaited bands, slings and the like, of iron or steel (excluding electrically insulated products and twisted fencing wire and barbed wire)." This classification code is essential for identifying various types of wire and cable products for import/export purposes based on their nature, composition, and intended use. Common products under HSN Code 7312 include steel wire ropes, plaited slings, stranded cables, and industrial wire. Additionally, the GST rate for stranded wire, ropes, and cables under this code supports accurate trade compliance.
HSN Code | Description | GST% | Effective Date |
---|---|---|---|
731210 | Stranded wire, ropes and cables, of iron or steel (excluding electrically insulated products and twisted fencing wire and barbed wire) ,Products include: Galvanized Steel Wire | 18% | 01/07/2017 |
731290 | Plaited bands, slings and the like, of iron or steel (excluding electrically insulated products) ,Products include: Stainless Steel Wire Rope | 18% | 01/07/2017 |
73121010 | WIRE ROPES,BLACK | 18% | 01/07/2017 |
73121020 | WIRE ROPES,GALVANISED ,Products include: Galvanized Steel Wire | 18% | 01/07/2017 |
73121030 | STRANDED WIRE | 18% | 01/07/2017 |
73121090 | OTHERS(E.G.TRANSMISSION BELTING) | 18% | 01/07/2017 |
73129000 | PLAITED BAND,SLINGS AND LIKE OF IRON OR STEEL NT ELECTRCALLY INSULATED ,Products include: Sealing Wire, Mooring Rope, Stainless Steel Wire Rope | 18% | 01/07/2017 |
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