GST rates and HSN code for Wire rope.
Chapter | Description | HSN Code | Rate (%) | CESS (%) | Effective Date | Rate Revision |
---|---|---|---|---|---|---|
Iron and steel | Wire Of Other Alloy Steel – Other : Electrode Quality, Wire Rope Quality And Acsr Quality Not Insulated : Electrode Quality | 72299021 | 18% | – | 01/07/2017 | – |
Wire Of Other Alloy Steel – Other : Electrode Quality, Wire Rope Quality And Acsr Quality Not Insulated : Acsr Quality | 72299023 | 18% | – | 01/07/2017 | – | |
Wire Of Other Alloy Steel – Other : Electrode Quality, Wire Rope Quality And Acsr Quality Not Insulated : Wire Rope Quality | 72299022 | 18% | – | 01/07/2017 | – | |
Wire Of Other Alloy Steel – Other : Tinned Wire, Bronze Coated Wire, Trapezoidal Wire, Half Round Wire, Crimped Wire And Copper Coated Wire, Not Insulated : Trapezoidal Wire | 72299013 | 18% | – | 01/07/2017 | – | |
Wire Of Other Alloy Steel – Other : Tinned Wire, Bronze Coated Wire, Trapezoidal Wire, Half Round Wire, Crimped Wire And Copper Coated Wire, Not Insulated : Bronze Coated Wire | 72299012 | 18% | – | 01/07/2017 | – | |
Articles of iron or steel | Stranded Wire, Ropes And Cables | 731210 | 18% | – | 01/07/2017 | – |
Stranded Wire, Ropes, Cables, Plaited Bands, Slings And The Like, Of Iron Or Steel, Not Electrically Insulated | 7312 | 18% | – | 01/07/2017 | – | |
Stranded Wire, Ropes, Cables, Plaited Bands, Slings And The Like, Of Iron Or Steel, Not Electrically Insulated – Other | 73129000 | 18% | – | 01/07/2017 | – | |
Stranded Wire, Ropes, Cables, Plaited Bands, Slings And The Like, Of Iron Or Steel, Not Electrically Insulated – Stranded Wire, Ropes And Cables : Wire Ropes, Galvanised | 73121020 | 18% | – | 01/07/2017 | – | |
Stranded Wire, Ropes, Cables, Plaited Bands, Slings And The Like, Of Iron Or Steel, Not Electrically Insulated – Stranded Wire, Ropes And Cables : Other | 73121090 | 18% | – | 01/07/2017 | – | |
Stranded Wire, Ropes, Cables, Plaited Bands, Slings And The Like, Of Iron Or Steel, Not Electrically Insulated – Stranded Wire, Ropes And Cables : Stranded Wire | 73121030 | 18% | – | 01/07/2017 | – | |
Stranded Wire, Ropes, Cables, Plaited Bands, Slings And The Like, Of Iron Or Steel, Not Electrically Insulated – Stranded Wire, Ropes And Cables : Wire Ropes, Black | 73121010 | 18% | – | 01/07/2017 | – | |
Nickel and articles thereof | Nickel Bars, Rods, Profiles And Wire – Bars, Rods And Profiles | 7505 | 18% | – | 01/07/2017 | – |
Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles | Insulated (Including Enamelled Or Anodised) Wire, Cable (Including Co-Axial Cable) And Other Insulated Electric Conductors, Whether Or Not Fitted With Connectors; Optical Fibre Cables, Made Up Of Individually Sheathed Fibres, Whether Or Not Assembled With | 85445930 | 18% | – | 15/11/2017 1/07/2017 | – |
Insulated (Including Enamelled Or Anodised) Wire, Cable (Including Co-Axial Cable) And Other Insulated Electric Conductors, Whether Or Not Fitted With Connectors; Optical Fibre Cables, Made Up Of Individually Sheathed Fibres, Whether Or Not Assembled With | 85445130 | 18% | – | 15/11/2017 1/07/2017 | – | |
Insulated (Including Enamelled Or Anodised) Wire, Cable (Including Co-Axial Cable) And Other Insulated Electric Conductors, Whether Or Not Fitted With Connectors; Optical Fibre Cables, Made Up Of Individually Sheathed Fibres, Whether Or Not Assembled With | 85444293 | 18% | – | 15/11/2017 1/07/2017 | – | |
Zinc and articles thereof | Zinc Bars, Rods, Profiles And Wire – Zinc Bars, Rods, Profiles And Wire : Profiles : Angles, Shapes And Sections | 79040022 | 18% | – | 01/07/2017 | – |
Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | Book-Binding Machinery, Including Book-Sewing Machines – Machinery: Wire Stitching Machinery, Single Headed | 84401010 | 18% | – | 01/07/2017 | – |
Other made up textile articles; sets; worn clothing and worn textile articles; rags | Used Or New Rags, Scrap Twine, Cordage, Rope And Cables And Worn Out Articles Of Twine, Cordage, Rope Or Cables, Of Textile Materials Other: Other | 63109090 | 12% | – | 15/11/2017 1/07/2017 | – |
Other base metals; cermets; articles thereof | Magnesium And Articles Thereof, Including Waste And Scrap – Other:Wire | 81049030 | 18% | – | 01/07/2017 | – |
Wire ropes are essential components across countless industries, from construction and marine to mining and general engineering. When dealing with the manufacturing or trade of wire ropes in India, understanding their correct HSN (Harmonized System of Nomenclature) code is crucial for accurate GST (Goods and Services Tax) compliance.
The HSN system provides a globally recognized method for classifying goods, making trade and taxation processes smoother. For wire ropes, the classification primarily falls under categories related to iron and steel, given their primary composition.
The most direct and widely applicable HSN codes for wire ropes are found under Chapter 73: Articles of iron or steel. This chapter specifically addresses various forms of iron and steel products, including ropes and cables.
Within Chapter 73, the HSN code 7312 broadly covers “Stranded Wire, Ropes, Cables, Plaited Bands, Slings And The Like, Of Iron Or Steel, Not Electrically Insulated.” This broad category is then further broken down into more specific types:
All these specific categories related to stranded wire, ropes, and cables of iron or steel attract an 18% GST rate, effective from July 1, 2017.
Beyond the finished wire ropes, the data also provides HSN codes for the raw materials from which they might be made:
It’s important to note that the data also mentions HSN codes for insulated electrical wires (Chapter 85), nickel wire (Chapter 75), magnesium wire (Chapter 81), and zinc wire (Chapter 79). While these are “wires,” they are distinct from the typical “wire rope” made of iron or steel for mechanical applications. Similarly, “Used Or New Rags, Scrap Twine, Cordage, Rope And Cables” (HSN 63109090) from textile materials are waste products and not the primary wire rope product itself.
The primary HSN chapter for wire ropes is Chapter 73: Articles of iron or steel.
The main HSN codes are under 7312, including 73121010 (Black), 73121020 (Galvanised), and 73121090 (Other).
The GST rate for wire ropes of iron or steel under HSN 7312 is 18%.
No, textile ropes fall under different HSN chapters, such as Chapter 63 for “Used Or New Rags, Scrap Twine, Cordage, Rope And Cables… Of Textile Materials.”
Confirm the material composition (iron or steel), whether it’s electrically insulated, and its form (stranded wire, rope, cable). Always refer to official GST guidelines and consult a tax expert if needed.
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