Wire rope HSN Code

GST rates and HSN code for Wire rope.

ChapterDescriptionHSN CodeRate (%)CESS (%)Effective DateRate Revision
Iron and steelWire Of Other Alloy Steel – Other : Electrode Quality, Wire Rope Quality And Acsr Quality Not Insulated : Electrode Quality7229902118%01/07/2017
Wire Of Other Alloy Steel – Other : Electrode Quality, Wire Rope Quality And Acsr Quality Not Insulated : Acsr Quality7229902318%01/07/2017
Wire Of Other Alloy Steel – Other : Electrode Quality, Wire Rope Quality And Acsr Quality Not Insulated : Wire Rope Quality7229902218%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 Wire7229901318%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 Wire7229901218%01/07/2017
Articles of iron or steelStranded Wire, Ropes And Cables73121018%01/07/2017
Stranded Wire, Ropes, Cables, Plaited Bands, Slings And The Like, Of Iron Or Steel, Not Electrically Insulated731218%01/07/2017
Stranded Wire, Ropes, Cables, Plaited Bands, Slings And The Like, Of Iron Or Steel, Not Electrically Insulated – Other7312900018%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, Galvanised7312102018%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 : Other7312109018%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 Wire7312103018%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, Black7312101018%01/07/2017
Nickel and articles thereofNickel Bars, Rods, Profiles And Wire – Bars, Rods And Profiles750518%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 articlesInsulated (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 With8544593018%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 With8544513018%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 With8544429318%15/11/2017 1/07/2017
Zinc and articles thereofZinc Bars, Rods, Profiles And Wire – Zinc Bars, Rods, Profiles And Wire : Profiles : Angles, Shapes And Sections7904002218%01/07/2017
Nuclear reactors, boilers, machinery and mechanical appliances; parts thereofBook-Binding Machinery, Including Book-Sewing Machines – Machinery: Wire Stitching Machinery, Single Headed8440101018%01/07/2017
Other made up textile articles; sets; worn clothing and worn textile articles; ragsUsed Or New Rags, Scrap Twine, Cordage, Rope And Cables And Worn Out Articles Of Twine, Cordage, Rope Or Cables, Of Textile Materials Other: Other6310909012%15/11/2017 1/07/2017
Other base metals; cermets; articles thereofMagnesium And Articles Thereof, Including Waste And Scrap – Other:Wire8104903018%01/07/2017

Understanding the HSN Code for Wire Rope: Your GST Guide

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.

Classifying Wire Ropes: Focus on Iron and Steel

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:

  • 73121010: Wire Ropes, Black (18% GST)
  • 73121020: Wire Ropes, Galvanised (18% GST)
  • 73121090: Other Wire Ropes (18% GST)
  • 73121030: Stranded Wire (18% GST)
  • 73129000: Other (referring to other types of stranded wire, ropes, etc., not specified in the sub-headings, also at 18% GST).

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.

Raw Materials and Related Wires

Beyond the finished wire ropes, the data also provides HSN codes for the raw materials from which they might be made:

  • Chapter 72: Iron and steel includes “Wire Of Other Alloy Steel” specifically for “Wire Rope Quality” under HSN 72299022. This raw wire also carries an 18% GST rate, effective from July 1, 2017. Other related wires like “Electrode Quality” (72299021) and “ACSR Quality” (72299023) also fall under this chapter with the same GST rate.

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.

FAQs

What is the primary HSN chapter for wire ropes?

The primary HSN chapter for wire ropes is Chapter 73: Articles of iron or steel.

What are the main HSN codes for wire ropes of iron or steel?

The main HSN codes are under 7312, including 73121010 (Black), 73121020 (Galvanised), and 73121090 (Other).

What is the GST rate for wire ropes of iron or steel?

The GST rate for wire ropes of iron or steel under HSN 7312 is 18%.

Do textile ropes have the same HSN code as wire ropes?

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.”

How can I ensure correct HSN classification for my wire rope products?

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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