--- title: "HSN Code for Ferroalloys: Silico Manganese | HSN 72015010 GST Rate" description: "Find HSN and GST Rates for 72015010 related to Ferroalloys: Silico Manganese with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72015010/" --- # HSN Code 72015010: Ferroalloys: Silico Manganese - [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 | | --- | --- | --- | --- | --- | | Alloy pig iron; spiegeleisen : Cast iron | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72015010 ? It includes Alloy Hot-Rolled Iron ### Can we claim ITC on inputs used to trade Ferroalloys: Silico Manganese? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How should mixed supplies be billed when Ferroalloys: Silico Manganese is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Ferroalloys: Silico Manganese; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Ferroalloys: Silico Manganese? 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. ### Any common misclassification issue with Ferroalloys: Silico Manganese? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How much GST applies to Ferroalloys: Silico Manganese? Under HSN 72015010, Ferroalloys: Silico Manganese attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 72015010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹1 Cr (−0.86% YoY) — 0.0000% of India's total exports - Imports: ₹2 Cr (−97.59% YoY) — 0.0000% of India's total imports - Trade balance: −₹1 Cr (Deficit); surplus rank #7933 of 12657 HSN codes - Share of Sub-Chapter 7201: 0.12% of its exports; import side 0.20% - Rank within Sub-Chapter 7201: #3 of 4 by export value; import-side #3 ### Key metrics - Export CAGR: 10.55% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #8131 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +22,564.71% in FY 2021-22 - Contribution to Sub-Ch. 7201: 0.12% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72015010 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 Crore | 0.0000% | — | 0.08% | < ₹1 Crore | 0.0000% | — | 0.05% | +0.59 | #8000 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −41.27% | 0.07% | < ₹1 Crore | 0.0000% | −75.00% | 0.02% | +0.36 | #8433 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −54.05% | 0.01% | < ₹1 Crore | 0.0000% | +100.00% | 0.05% | +0.15 | #8966 | | FY 2021-22 | 38.53 | 0.0012% | +22,564.71% | 1.15% | < ₹1 Crore | 0.0000% | +100.00% | 0.06% | +38.49 | #3727 | | FY 2022-23 | 1.82 | 0.0001% | −95.28% | 0.07% | 95.38 | 0.0017% | +2,38,350.00% | 19.32% | −93.56 | #7537 | | FY 2023-24 | 1.16 | 0.0000% | −36.26% | 0.08% | 91.72 | 0.0016% | −3.84% | 7.81% | −90.56 | #8111 | | FY 2024-25 | 1.15 | 0.0000% | −0.86% | 0.12% | 2.21 | 0.0000% | −97.59% | 0.20% | −1.06 | #8131 | - CAGR (7-year): exports 10.55%/yr, imports 95.16%/yr (consistently Deficit) ## Key trade insights: HSN Code 72015010 export-import analysis ### Consistent export growth: 10.55% CAGR over 7 years India's exports under HSN Code 72015010 have grown at a compound annual rate of 10.55% over 7 fiscal years, rising from ₹0.63 Crore in FY 2018-19 to ₹1.15 Crore in FY 2024-25. ### HSN Code 72015010 ranked #8131 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72015010 ranks #8131 out of 12657 HSN codes by total export value. Within Sub-Chapter 7201, it ranks #3 of 4. By trade surplus, it ranks #7933 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72015010 exports The strongest single-year export movement for HSN Code 72015010 was recorded in FY 2021-22, when exports surged by 22,564.71% over the prior year. ### India records a trade deficit of ₹1.06 Crore in HSN Code 72015010 goods In FY 2024-25, India's imports of ₹2.21 Cr exceeded exports of ₹1.15 Cr, resulting in a trade deficit of ₹1.06 Crore — ranking #7933 of 12657 by surplus magnitude. ### Import growth of 95.16% CAGR signals rising demand for Ferroalloys: Silico Manganese India's imports under HSN Code 72015010 have grown at 95.16% CAGR, reaching ₹2.21 Crore in FY 2024-25. ### HSN Code 72015010 contributes 0.12% of Sub-Chapter 7201 exports — ranked #3 Among the 4 HSN codes under Sub-Chapter 7201, HSN Code 72015010 ranks #3 by export value — accounting for 0.12% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.20% share (rank #3). ## 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](https://busy.in/hsn/hsn-72012000/) | ₹2 Cr | | #3 | HSN Code 72015010: Ferroalloys: Silico Manganese (this hsn code) | ₹1 Cr | | #4 | [HSN Code 72015090: Other Ferroalloys](https://busy.in/hsn/hsn-72015090/) | < ₹1 Crore |