--- title: "HSN Code for Alloy Hot-Rolled Iron | HSN 72021900 GST Rate" description: "Find HSN and GST Rates for 72021900 related to Alloy Hot-Rolled Iron with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72021900/" --- # HSN Code 72021900: Alloy Hot-Rolled 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 7202: Ferro-alloys](https://busy.in/hsn/sub-chapter-7202/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Ferro-manganese : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72021900 ? It includes Other Cast Iron Tubes and Pipes ### Does packaging or labelling change the GST for Alloy Hot-Rolled 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. ### Any common misclassification issue with Alloy Hot-Rolled Iron? 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 Alloy Hot-Rolled Iron? Under HSN 72021900, Alloy Hot-Rolled Iron attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Alloy Hot-Rolled Iron? 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 Alloy Hot-Rolled Iron is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Alloy Hot-Rolled Iron; Nil for exempt items if applicable). ## India's trade performance: HSN Code 72021900 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹2,009 Cr (+59.43% YoY) — 0.0546% of India's total exports - Imports: ₹7 Cr (−64.21% YoY) — 0.0001% of India's total imports - Trade balance: ₹2,002 Cr (Surplus); surplus rank #186 of 12657 HSN codes - Share of Sub-Chapter 7202: 9.17% of its exports; import side 0.08% - Rank within Sub-Chapter 7202: #4 of 25 by export value; import-side #20 ### Key metrics - Export CAGR: 24.45% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #268 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +285.70% in FY 2021-22 - Contribution to Sub-Ch. 7202: 9.17% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72021900 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. 7202 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7202 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 540.80 | 0.0237% | — | 3.61% | 357.05 | 0.0100% | — | 4.71% | +183.75 | #606 | | FY 2019-20 | 437.97 | 0.0199% | −19.01% | 3.71% | 260.74 | 0.0078% | −26.97% | 4.11% | +177.23 | #731 | | FY 2020-21 | 551.74 | 0.0257% | +25.98% | 4.32% | 272.44 | 0.0093% | +4.49% | 4.92% | +279.30 | #629 | | FY 2021-22 | 2,128.07 | 0.0678% | +285.70% | 7.85% | 658.04 | 0.0144% | +141.54% | 5.34% | +1,470.03 | #219 | | FY 2022-23 | 1,337.26 | 0.0369% | −37.16% | 4.96% | 362.06 | 0.0063% | −44.98% | 3.69% | +975.20 | #383 | | FY 2023-24 | 1,260.40 | 0.0348% | −5.75% | 5.33% | 19.98 | 0.0004% | −94.48% | 0.23% | +1,240.42 | #401 | | FY 2024-25 | 2,009.47 | 0.0546% | +59.43% | 9.17% | 7.15 | 0.0001% | −64.21% | 0.08% | +2,002.32 | #268 | - CAGR (7-year): exports 24.45%/yr, imports -47.89%/yr (consistently Surplus) ## Key trade insights: HSN Code 72021900 export-import analysis ### Consistent export growth: 24.45% CAGR over 7 years India's exports under HSN Code 72021900 have grown at a compound annual rate of 24.45% over 7 fiscal years, rising from ₹540.80 Crore in FY 2018-19 to ₹2,009.47 Crore in FY 2024-25. ### HSN Code 72021900 ranked #268 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72021900 ranks #268 out of 12657 HSN codes by total export value. Within Sub-Chapter 7202, it ranks #4 of 25. By trade surplus, it ranks #186 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72021900 exports The strongest single-year export movement for HSN Code 72021900 was recorded in FY 2021-22, when exports surged by 285.70% over the prior year. ### India maintains a trade surplus of ₹2,002.32 Crore in HSN Code 72021900 goods In FY 2024-25, India's exports of ₹2,009.47 Cr exceeded imports of ₹7.15 Cr, resulting in a trade surplus of ₹2,002.32 Crore — ranking #186 of 12657 by surplus magnitude. ### Import growth of -47.89% CAGR signals stable import dependency for Alloy Hot-Rolled Iron India's imports under HSN Code 72021900 have grown at -47.89% CAGR, reaching ₹7.15 Crore in FY 2024-25. ### HSN Code 72021900 contributes 9.17% of Sub-Chapter 7202 exports — ranked #4 Among the 25 HSN codes under Sub-Chapter 7202, HSN Code 72021900 ranks #4 by export value — accounting for 9.17% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.08% share (rank #20). ## Related HSN Codes in Sub-Chapter 7202 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 72023000: Iron Tubes and Pipes](https://busy.in/hsn/hsn-72023000/) | ₹8,619 Cr | | #2 | [HSN Code 72024100: Tubes and Pipes of Cast Iron](https://busy.in/hsn/hsn-72024100/) | ₹4,819 Cr | | #3 | [HSN Code 72021100: Non-Alloyed Hot-Rolled Iron](https://busy.in/hsn/hsn-72021100/) | ₹4,716 Cr | | #4 | HSN Code 72021900: Alloy Hot-Rolled Iron (this hsn code) | ₹2,009 Cr | | #5 | [HSN Code 72024900: Other Cast Iron Tubes and Pipes](https://busy.in/hsn/hsn-72024900/) | ₹680 Cr | | #6 | [HSN Code 72022100: Non-Alloyed Cold-Rolled Iron](https://busy.in/hsn/hsn-72022100/) | ₹376 Cr | | #7 | [HSN Code 72027000: Other Flat-Rolled Iron and Steel](https://busy.in/hsn/hsn-72027000/) | ₹315 Cr | | #8 | [HSN Code 72029922: Cold-Rolled Steel Strip - Alloy](https://busy.in/hsn/hsn-72029922/) | ₹122 Cr | | #9 | [HSN Code 72029100: Cold-Rolled Flat Iron and Steel](https://busy.in/hsn/hsn-72029100/) | ₹106 Cr | | #10 | [HSN Code 72022900: Alloy Cold-Rolled Iron](https://busy.in/hsn/hsn-72022900/) | ₹53 Cr |