HSN Code 72015010: Ferroalloys: Silico Manganese
HSN Code 72015010 represents Ferroalloys: Silico Manganese under GST classification. This code helps businesses identify Ferroalloys: Silico Manganese correctly for billing, taxation, and trade. With HSN Code 72015010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Ferroalloys: Silico Manganese.
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Description of Goods for HSN Code 72015010
HSN Code 72015010 relates to the following description.
What does HSN Code 72015010 not include?
Ferroalloys: Silico Manganese does not include products with the following descriptions.
Non-alloy pig iron containing by weight 0.5% or less of phosphorus
Non-alloy pig iron containing by weight more than 0.5% of phosphorus
Alloy pig iron; spiegeleisen : Other
India’s Trade Performance — HSN Code 72015010 in FY 2024-25
India’s Exports
FY 2024-25₹1 Cr
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹2 Cr
0.0000% of India’s total imports
Trade Balance
FY 2024-25−₹1 Cr
Surplus rank #7933 of 12657 HSN codes
% of Sub-Chapter 7201
FY 2024-250.12%
Share of Sub-Chapter 7201’s total exports in FY 2024-25
Import side: 0.20% of Sub-Chapter 7201’s imports
Rank Within Sub-Chapter 7201
FY 2024-25#3 of 4
Position by export value among HSN codes in Sub-Chapter 7201
Import-side rank: #3 of 4
At a glance
10.55%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#8131
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+22,564.71%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.12%
Contribution to Sub-Ch. 7201
Share of Sub-Chapter 7201 exports in FY 2024-25
India Export-Import Trade Statistics for 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.
Balance
+0.59
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.08% of Sub-Ch. 7201
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.05% of Sub-Ch. 7201
Balance
+0.36
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−41.27% YoY
0.07% of Sub-Ch. 7201
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−75.00% YoY
0.02% of Sub-Ch. 7201
Balance
+0.15
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−54.05% YoY
0.01% of Sub-Ch. 7201
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+100.00% YoY
0.05% of Sub-Ch. 7201
Balance
+38.49
Exports
38.53 ₹ Cr
0.0012% share
+22,564.71% YoY
1.15% of Sub-Ch. 7201
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+100.00% YoY
0.06% of Sub-Ch. 7201
Balance
−93.56
Exports
1.82 ₹ Cr
0.0001% share
−95.28% YoY
0.07% of Sub-Ch. 7201
Imports
95.38 ₹ Cr
0.0017% share
+2,38,350.00% YoY
19.32% of Sub-Ch. 7201
Balance
−90.56
Exports
1.16 ₹ Cr
0.0000% share
−36.26% YoY
0.08% of Sub-Ch. 7201
Imports
91.72 ₹ Cr
0.0016% share
−3.84% YoY
7.81% of Sub-Ch. 7201
Balance
−1.06
Exports
1.15 ₹ Cr
0.0000% share
−0.86% YoY
0.12% of Sub-Ch. 7201
Imports
2.21 ₹ Cr
0.0000% share
−97.59% YoY
0.20% of Sub-Ch. 7201
CAGR · 7-Year
Exports
10.55% /yr
Imports
95.16% /yr
reference, FY 2024-25
Export
₹977.33 Cr
Import
₹1,113.74 Cr
Trade Balance
−136.41
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).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 72015010 and GST compliance.
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.