---
title: "HSN Code for Non-alloyed Pig Iron | HSN 72012000 GST Rate"
description: "Find HSN and GST Rates for 72012000 related to Non-alloyed Pig Iron with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72012000/"
---

# HSN Code 72012000: Non-alloyed Pig Iron

- [Section 15: Guide to HSN Section 15](https://busy.in/hsn/section-15/)
- [Chapter 72: Iron & Steel](https://busy.in/hsn/chapter-72/)
- [Sub-chapter 7201: Pig iron](https://busy.in/hsn/sub-chapter-7201/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Non-alloy pig iron containing by weight more than 0.5% of phosphorus | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72012000 ?

It includes Non-Alloyed Hot-Rolled Iron

### How should mixed supplies be billed when Non-alloyed Pig Iron is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Non-alloyed Pig Iron; Nil for exempt items if applicable).

### How much GST applies to Non-alloyed Pig Iron?

Under HSN 72012000, Non-alloyed Pig Iron attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Any common misclassification issue with Non-alloyed Pig Iron?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

### Can we claim ITC on inputs used to trade Non-alloyed Pig Iron?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

### Does packaging or labelling change the GST for Non-alloyed Pig Iron?

For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.

## India's trade performance: HSN Code 72012000 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹2 Cr — 0.0001% of India's total exports
- Imports: < ₹1 Crore — 0.0000% of India's total imports
- Trade balance: ₹2 Cr (Surplus); surplus rank #4165 of 12657 HSN codes
- Share of Sub-Chapter 7201: 0.25% of its exports; import side 0.01%
- Rank within Sub-Chapter 7201: #2 of 4 by export value; import-side #4

### Key metrics

- Export CAGR: 5.27% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #7397 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +2,456.52% in FY 2021-22
- Contribution to Sub-Ch. 7201: 0.25% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72012000

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 7201 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7201 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 1.83 | 0.0001% | — | 0.22% | 8.39 | 0.0002% | — | 10.18% | −6.56 | #7048 |
| FY 2019-20 | 1.29 | 0.0001% | −29.51% | 0.24% | Nil | 0.0000% | −100.00% | 0.00% | +1.29 | #7364 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | −82.17% | 0.01% | 1.93 | 0.0001% | — | 5.25% | −1.70 | #8780 |
| FY 2021-22 | 5.88 | 0.0002% | +2,456.52% | 0.18% | Nil | 0.0000% | −100.00% | 0.00% | +5.88 | #6155 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | −95.41% | 0.01% | < ₹1 Crore | 0.0000% | — | 0.13% | −0.36 | #9105 |
| FY 2023-24 | Nil | 0.0000% | −100.00% | 0.00% | Nil | 0.0000% | −100.00% | 0.00% | 0.00 | — |
| FY 2024-25 | 2.49 | 0.0001% | — | 0.25% | < ₹1 Crore | 0.0000% | — | 0.01% | +2.35 | #7397 |

- CAGR (7-year): exports 5.27%/yr, imports -49.45%/yr (consistently Surplus)

## Key trade insights: HSN Code 72012000 export-import analysis

### Consistent export growth: 5.27% CAGR over 7 years

India's exports under HSN Code 72012000 have grown at a compound annual rate of 5.27% over 7 fiscal years, rising from ₹1.83 Crore in FY 2018-19 to ₹2.49 Crore in FY 2024-25.

### HSN Code 72012000 ranked #7397 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72012000 ranks #7397 out of 12657 HSN codes by total export value. Within Sub-Chapter 7201, it ranks #2 of 4. By trade surplus, it ranks #4165 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 72012000 exports

The strongest single-year export movement for HSN Code 72012000 was recorded in FY 2021-22, when exports surged by 2,456.52% over the prior year.

### India maintains a trade surplus of ₹2.35 Crore in HSN Code 72012000 goods

In FY 2024-25, India's exports of ₹2.49 Cr exceeded imports of ₹0.14 Cr, resulting in a trade surplus of ₹2.35 Crore — ranking #4165 of 12657 by surplus magnitude.

### Import growth of -49.45% CAGR signals stable import dependency for Non-alloyed Pig Iron

India's imports under HSN Code 72012000 have grown at -49.45% CAGR, reaching ₹0.14 Crore in FY 2024-25.

### HSN Code 72012000 contributes 0.25% of Sub-Chapter 7201 exports — ranked #2

Among the 4 HSN codes under Sub-Chapter 7201, HSN Code 72012000 ranks #2 by export value — accounting for 0.25% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #4).

## Related HSN Codes in Sub-Chapter 7201

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 72011000: Pig Iron and Iron Ore](https://busy.in/hsn/hsn-72011000/) | ₹974 Cr |
| #2 | HSN Code 72012000: Non-alloyed Pig Iron (this hsn code) | ₹2 Cr |
| #3 | [HSN Code 72015010: Ferroalloys: Silico Manganese](https://busy.in/hsn/hsn-72015010/) | ₹1 Cr |
| #4 | [HSN Code 72015090: Other Ferroalloys](https://busy.in/hsn/hsn-72015090/) | < ₹1 Crore |