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HSN Code 72023000: Ferro-Silico-Manganese
HSN Code 72023000 represents Ferro-Silico-Manganese under GST classification. This code helps businesses identify Ferro-Silico-Manganese correctly for billing, taxation, and trade. With HSN Code 72023000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Ferro-Silico-Manganese.
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Description of Goods for HSN Code 72023000
HSN Code 72023000 relates to the following description.
What does HSN Code 72023000 not include?
Ferro-Silico-Manganese does not include products with the following descriptions.
Ferro-manganese : Containing by weight more than 2% of carbon
Ferro-manganese : Other
Ferro-silicon : Containing by weight more than 55% of silicon
Ferro-silicon : Other
Ferro-chromium : Containing by weight more than 4% of carbon
Ferro-chromium : Other
Ferro-silico-chromium
Ferro-nickel
Ferro-molybdenum
Ferro tungsten and ferro-silico-tungsten
Other : Ferro-titanium and Ferro-silico-titanium
Other : Ferro-vanadium
Other : Ferro-niobium
Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-phosphorus
Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-selenium
Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-cobalt
Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-columbium
Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-zirconium
Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-tantalum
Other : Other : Ferro-silico-zirconium, Ferro-silico-magnesium : Ferro-silico-zirconium
Other : Other : Ferro-silico-zirconium, Ferro-silico-magnesium : Ferro-silico-magnesium
Other : Other : Ferro-boron, charge-chrome : Ferro-boron
Other : Other : Ferro-boron, charge-chrome : Charge-chrome
Other : Other : Ferro-boron, charge-chrome : Other
Ferro-manganese : Containing by weight more than 2% of carbon
Ferro-manganese : Other
Ferro-silicon : Containing by weight more than 55% of silicon
Ferro-silicon : Other
Ferro-chromium : Containing by weight more than 4% of carbon
Ferro-chromium : Other
Ferro-silico-chromium
Ferro-nickel
Ferro-molybdenum
Ferro tungsten and ferro-silico-tungsten
Other : Ferro-titanium and Ferro-silico-titanium
Other : Ferro-vanadium
Other : Ferro-niobium
Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-phosphorus
Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-selenium
Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-cobalt
Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-columbium
Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-zirconium
Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-tantalum
Other : Other : Ferro-silico-zirconium, Ferro-silico-magnesium : Ferro-silico-zirconium
Other : Other : Ferro-silico-zirconium, Ferro-silico-magnesium : Ferro-silico-magnesium
Other : Other : Ferro-boron, charge-chrome : Ferro-boron
Other : Other : Ferro-boron, charge-chrome : Charge-chrome
Other : Other : Ferro-boron, charge-chrome : Other
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India’s Trade Performance — HSN Code 72023000 in FY 2025-26
India’s Exports
FY 2025-26₹11,148 Cr
0.2858% of India’s total exports
India’s Imports
FY 2025-26₹246 Cr
0.0036% of India’s total imports
Trade Balance
FY 2025-26₹10,902 Cr
Surplus rank #26 of 12872 HSN codes
% of Sub-Chapter 7202
FY 2025-2643.58%
Share of Sub-Chapter 7202’s total exports in FY 2025-26
Import side: 3.01% of Sub-Chapter 7202’s imports
Rank Within Sub-Chapter 7202
FY 2025-26#1 of 25
Position by export value among HSN codes in Sub-Chapter 7202
Import-side rank: #5 of 25
At a glance
11.12%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#35
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+125.73%
Peak Growth Year
FY 2021-22 · strongest single-year move
43.58%
Contribution to Sub-Ch. 7202
Share of Sub-Chapter 7202 exports in FY 2025-26
India Export-Import Trade Statistics for HSN Code 72023000
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+5,309.19
Exports
5,329.66 ₹ Cr
0.2333% share
— YoY
35.62% of Sub-Ch. 7202
Imports
20.47 ₹ Cr
0.0006% share
— YoY
0.27% of Sub-Ch. 7202
Balance
+4,403.01
Exports
4,437.45 ₹ Cr
0.2016% share
−16.74% YoY
37.57% of Sub-Ch. 7202
Imports
34.44 ₹ Cr
0.0010% share
+68.25% YoY
0.54% of Sub-Ch. 7202
Balance
+4,977.97
Exports
5,032.60 ₹ Cr
0.2340% share
+13.41% YoY
39.40% of Sub-Ch. 7202
Imports
54.63 ₹ Cr
0.0019% share
+58.62% YoY
0.99% of Sub-Ch. 7202
Balance
+11,085.93
Exports
11,360.07 ₹ Cr
0.3620% share
+125.73% YoY
41.88% of Sub-Ch. 7202
Imports
274.14 ₹ Cr
0.0060% share
+401.81% YoY
2.22% of Sub-Ch. 7202
Balance
+11,439.35
Exports
11,717.92 ₹ Cr
0.3236% share
+3.15% YoY
43.48% of Sub-Ch. 7202
Imports
278.57 ₹ Cr
0.0048% share
+1.62% YoY
2.84% of Sub-Ch. 7202
Balance
+8,043.60
Exports
8,254.86 ₹ Cr
0.2282% share
−29.55% YoY
34.92% of Sub-Ch. 7202
Imports
211.26 ₹ Cr
0.0038% share
−24.16% YoY
2.41% of Sub-Ch. 7202
Balance
+8,484.70
Exports
8,619.48 ₹ Cr
0.2342% share
+4.42% YoY
39.33% of Sub-Ch. 7202
Imports
134.78 ₹ Cr
0.0022% share
−36.20% YoY
1.45% of Sub-Ch. 7202
Balance
+10,901.55
Exports
11,147.76 ₹ Cr
0.2858% share
+29.33% YoY
43.58% of Sub-Ch. 7202
Imports
246.21 ₹ Cr
0.0036% share
+82.68% YoY
3.01% of Sub-Ch. 7202
CAGR · 8-Year
Exports
11.12% /yr
Imports
42.66% /yr
reference, FY 2025-26
Export
₹25,580.83 Cr
Import
₹8,182.99 Cr
Trade Balance
+17,397.84
Key Trade Insights: HSN Code 72023000 Export-Import Analysis
Consistent Export Growth: 11.12% CAGR Over 8 Years
India's exports under HSN Code 72023000 have grown at a compound annual rate of 11.12% over 8 fiscal years, rising from ₹5,329.66 Crore in FY 2018-19 to ₹11,147.76 Crore in FY 2025-26.
HSN Code 72023000 Ranked #35 Among All 12872 HSN codes by Export Value
In FY 2025-26, HSN Code 72023000 ranks #35 out of 12872 HSN codes by total export value. Within Sub-Chapter 7202, it ranks #1 of 25. By trade surplus, it ranks #26 of 12872.
FY 2021-22 Was the Strongest Growth Year for HSN Code 72023000 Exports
The strongest single-year export movement for HSN Code 72023000 was recorded in FY 2021-22, when exports surged by 125.73% over the prior year.
India Maintains a Trade Surplus of ₹10,901.55 Crore in HSN Code 72023000 Goods
In FY 2025-26, India's exports of ₹11,147.76 Cr exceeded imports of ₹246.21 Cr, resulting in a trade surplus of ₹10,901.55 Crore — ranking #26 of 12872 by surplus magnitude.
Import Growth of 42.66% CAGR Signals Rising Demand for Ferro-Silico-Manganese
India's imports under HSN Code 72023000 have grown at 42.66% CAGR, reaching ₹246.21 Crore in FY 2025-26.
HSN Code 72023000 Contributes 43.58% of Sub-Chapter 7202 Exports — Ranked #1
Among the 25 HSN codes under Sub-Chapter 7202, HSN Code 72023000 ranks #1 by export value — accounting for 43.58% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 3.01% share (rank #5).
Frequently Asked Questions
Clear answers to common queries about HSN Code 72023000 and GST compliance.
What products are classified under HSN 72023000 ?
It includes Wool Jerseys (>Rs. 1000)
How should mixed supplies be billed when Ferro-Silico-Manganese is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Ferro-Silico-Manganese; Nil for exempt items if applicable).
Does packaging or labelling change the GST for Ferro-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.
Can we claim ITC on inputs used to trade Ferro-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 much GST applies to Ferro-Silico-Manganese?
Under HSN 72023000, Ferro-Silico-Manganese attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Do e‑way bill and e‑invoice apply for Ferro-Silico-Manganese?
e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.