HSN Code 72021900: Alloy Hot-Rolled Iron

HSN Code 72021900 represents Alloy Hot-Rolled Iron under GST classification. This code helps businesses identify Alloy Hot-Rolled Iron correctly for billing, taxation, and trade. With HSN Code 72021900, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Alloy Hot-Rolled Iron.

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Description of Goods for HSN Code 72021900

HSN Code 72021900 relates to the following description.

Description of Goods

Ferro-manganese : Other

Chapter

72 - Iron and steel

Sub Chapter

7202 - Ferro-alloys

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72021900 not include?

Alloy Hot-Rolled Iron does not include products with the following descriptions.

HSN Code 72029911

Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-phosphorus

HSN Code 72029912

Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-selenium

HSN Code 72029913

Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-cobalt

HSN Code 72029914

Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-columbium

HSN Code 72029915

Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-zirconium

HSN Code 72029916

Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-tantalum

HSN Code 72029921

Other : Other : Ferro-silico-zirconium, Ferro-silico-magnesium : Ferro-silico-zirconium

HSN Code 72029922

Other : Other : Ferro-silico-zirconium, Ferro-silico-magnesium : Ferro-silico-magnesium

India’s Trade Performance — HSN Code 72021900 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹2,009 Cr

+59.43% vs FY 2023-24

0.0546% of India’s total exports

India’s Imports

FY 2024-25

₹7 Cr

−64.21% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

₹2,002 Cr

Trade Surplus

Surplus rank #186 of 12657 HSN codes

% of Sub-Chapter 7202

FY 2024-25

9.17%

Share of Sub-Chapter 7202’s total exports in FY 2024-25

Import side: 0.08% of Sub-Chapter 7202’s imports

Rank Within Sub-Chapter 7202

FY 2024-25

#4 of 25

Position by export value among HSN codes in Sub-Chapter 7202

Import-side rank: #20 of 25

At a glance

24.45%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#268

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+285.70%

Peak Growth Year

FY 2021-22 · strongest single-year move

9.17%

Contribution to Sub-Ch. 7202

Share of Sub-Chapter 7202 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #606

Balance

+183.75

Exports

540.80 ₹ Cr

0.0237% share

— YoY

3.61% of Sub-Ch. 7202

Imports

357.05 ₹ Cr

0.0100% share

— YoY

4.71% of Sub-Ch. 7202

FY 2019-20 Exp. Rank #731

Balance

+177.23

Exports

437.97 ₹ Cr

0.0199% share

−19.01% YoY

3.71% of Sub-Ch. 7202

Imports

260.74 ₹ Cr

0.0078% share

−26.97% YoY

4.11% of Sub-Ch. 7202

FY 2020-21 Exp. Rank #629

Balance

+279.30

Exports

551.74 ₹ Cr

0.0257% share

+25.98% YoY

4.32% of Sub-Ch. 7202

Imports

272.44 ₹ Cr

0.0093% share

+4.49% YoY

4.92% of Sub-Ch. 7202

FY 2021-22 Exp. Rank #219

Balance

+1,470.03

Exports

2,128.07 ₹ Cr

0.0678% share

+285.70% YoY

7.85% of Sub-Ch. 7202

Imports

658.04 ₹ Cr

0.0144% share

+141.54% YoY

5.34% of Sub-Ch. 7202

FY 2022-23 Exp. Rank #383

Balance

+975.20

Exports

1,337.26 ₹ Cr

0.0369% share

−37.16% YoY

4.96% of Sub-Ch. 7202

Imports

362.06 ₹ Cr

0.0063% share

−44.98% YoY

3.69% of Sub-Ch. 7202

FY 2023-24 Exp. Rank #401

Balance

+1,240.42

Exports

1,260.40 ₹ Cr

0.0348% share

−5.75% YoY

5.33% of Sub-Ch. 7202

Imports

19.98 ₹ Cr

0.0004% share

−94.48% YoY

0.23% of Sub-Ch. 7202

FY 2024-25 Exp. Rank #268

Balance

+2,002.32

Exports

2,009.47 ₹ Cr

0.0546% share

+59.43% YoY

9.17% of Sub-Ch. 7202

Imports

7.15 ₹ Cr

0.0001% share

−64.21% YoY

0.08% of Sub-Ch. 7202

CAGR · 7-Year

Exports

24.45% /yr

Imports

−47.89% /yr

Consistently Surplus
Sub-Chapter 7202 total

reference, FY 2024-25

Export

₹21,917.07 Cr

Import

₹9,295.91 Cr

Trade Balance

+12,621.16

Peak export growth year Latest available data Not available YoY = change vs previous FY

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72021900 and GST compliance.

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).

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.